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June 25,2018
Iran’s electricity consumption reached a peak of 51,272 megawatts on Sunday, indicating a rise of 764 MW compared with last year's corresponding period.
Electricity demand is forecast to reach as...
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June 25,2018
Saudi Arabian state-owned oil company Saudi Aramco wants to be present in the entire “value chain” of ...
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June 24,2018
Oil production in Russia in 2018 could rise to more than 550 million tons, taking into account the decision...
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June 24,2018
Abu Dhabi National Oil Company will sign an agreement with Saudi Aramco and Indian companies on Monday for...
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June 24,2018
The National Petrochemical Company has devised a feedstock discount scheme for investors in the industrial units of Mokran Petrochemical Complex in Chabahar in southern Iran, Negin Mokran...
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June 24,2018
Abadan Oil Refinery’s new policies are not only increasing the production of alkylate gasoline—a type of very high-octane variety, but also upgrading the quality of its regular gasoline output to...
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June 24,2018
Gulf Keystone Petroleum and partner Hungary's MOL have agreed to boost production from its Shaikan...
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June 24,2018
The world will see a meager amount of extra oil reaching the market, if OPEC and its...
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June 24,2018
Power Generation, Distribution and Transmission Company (Tavanir) is planning to sell 10% of its imported electricity from Armenia to Georgia, the managing director of state-run National Iranian...
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June 23,2018
National Iranian Oil Company shipped its first batch of crude cargo from West Karoun Oil Block in the southern Khuzestan Province to an unnamed European buyer. According to Shana, the Iranian Oil...
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June 23,2018
Saudi Oil Minister Khalid Al-Falih signaled the possibility the initial public offering of Saudi Aramco...
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June 23,2018
While the newly-installed German government grapples with divisions over migration policies...
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June 23,2018
US Energy Secretary Rick Perry will meet Russia’s oil minister next week in Washington, a person...
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June 23,2018
Drilling operations of 22 wells in Phase 14 of South Pars Gas Field in the Persian Gulf are slated to be completed by the end of the current fiscal year (March 20, 2019), the managing director of...
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June 23,2018
Iran is burning off record amounts of natural gas, which is way higher than the global average, the deputy for gas distribution at the National Iranian Gas Company said.
"While the average global...
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June 23,2018
OPEC meets Russia and other allies on Saturday to clinch a new deal for raising oil output, a day...
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June 23,2018
India is looking to revive a rupee trade mechanism to settle part of its oil payments to Iran, fearing...
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June 23,2018
In line with efforts to establish the largest petrochemical hub in Chabahar in southern Iran, the construction of five gas to fuel and chemical production units —aka GTX—in Mokran Petrochemical...
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June 22,2018
Japan's oil refiners may have to end Iranian crude oil loading from Oct. 1, if the Japanese government does...
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June 22,2018
Energy Minister Reza Ardakanian stressed the need to focus on adopting pragmatic approaches for judicious water consumption so as to achieve sustainable development. "Water [shortage], inflicted on...
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June 22,2018
Electricity wastage in the national grid is planned to decline and reach 9% in the next four years from the current rate of 10.9%, a deputy energy minister said on Wednesday.
“Wastage reduction...
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June 22,2018
Turkey said on Thursday it would be accepting applications for the construction and operation of...
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June 22,2018
OPEC agreed on Friday to raise oil production by around 1 million barrels per day from...
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June 22,2018
Iran's gasoline production has risen by 18 million liters per day in the last three months compared with the corresponding period of the last fiscal year (ended March 20, 2018), the chief executive...
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June 20,2018
India, the world’s third-largest oil consumer, expects a responsible approach from its...