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June 08,2018
Venezuela has begun testing seaborne oil transfers to ease a severe backlog of crude deliveries...
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June 08,2018
Iraq and Iran have not yet begun exchanging crude oil because of technical reasons, Iraqi Oil Minister...
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June 08,2018
Italy-based Saipem, a leading oil and gas contractor, has expressed readiness to have an active presence in Iran's petrochemical ventures.
According to NIPNA, the National Petrochemical Company's...
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June 08,2018
The outlook for oil is still bullish even if OPEC accedes to US pressure to boost supply, Goldman...
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June 02,2018
Swiss company Casale SA and National Petrochemical Company explored grounds for providing Iranian companies with their much needed technology and licenses.
According to NIPNA, NPC's official news...
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June 02,2018
Indian state refiner Bharat Petroleum Corp has requested an extra 1 million barrels of oil from...
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June 02,2018
Daelim Industrial Company, a major South Korean construction firm, has canceled...
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June 02,2018
In line with efforts to boost the country's oil refining output, Imam Khomeini (Shazand) Refinery's Euro-4 gasoline production capacity has reached 16.5 million liters per day, the refinery’s...
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June 02,2018
Iran, as the only country that runs a deepwater semi-submersible drilling rig in the Caspian Sea, displayed its abilities in the drilling industry at an exhibition in Baku, Azerbaijan.
Ehsanollah...
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June 02,2018
Top oil exporter Saudi Arabia may raise the official selling price (OSP) for most of the crude grades it...
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June 02,2018
Azerbaijan started to export electricity to Iran on June 1, the country's major electricity producer, Azerenerji JSC, announced.
Yahya Babanli, Azerenerji's spokesman, said the company has started...
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June 01,2018
As part of a drive to protect the environment and curb air pollution, the Comprehensive Monitoring Office at the Department of Environment has reached a deal with the National Iranian Oil Refining...
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June 01,2018
Three new platforms of the South Pars Gas Field's phases 13, 14 and 22-24 in the Persian Gulf will be installed by summer end (Sept. 22), Pars Oil and Gas Company's director for project planning...
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June 01,2018
India will reportedly pay for Iranian oil in rupees, as the two countries seek to bypass the...
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June 01,2018
Japan could seek some kind of exemption from the returning US sanctions on Iranian...
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June 01,2018
Gas Exporting Countries Forum, an industry group representing gas sellers, will support its members against US sanctions as the restrictions have no economic basis, GECF’s secretary-general said on...
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June 01,2018
Oil Minister Bijan Namdar Zanganeh has called on UAE Minister of Energy and Industry Suhail Mohammed Al Marzouei to include in the June 22 meeting of the organization in Vienna ways and means to...
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June 01,2018
Shell said on Thursday it had started early production at a deepwater subsea development in...
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June 01,2018
US crude oil steadied on Friday after deep losses in the previous session on pressure from all-time...
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May 30,2018
International expositions are the best opportunity to introduce Iranian technological breakthroughs in oil drilling sector to foreign markets.
Hamidreza Tayebi, the head of Academic Center for...
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May 30,2018
Oil prices steadied on Wednesday after falling steeply in recent days on concerns that Saudi Arabia and...
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May 30,2018
The global oil industry should ramp up investment to ensure it can cope with future consumption...
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May 30,2018
Lukoil, Russia’s second biggest oil producer, said on Tuesday it had decided not to go ahead with plans...
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May 30,2018
The National Iranian Drilling Company has conducted 209 logging operations on the country's onshore and...
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May 30,2018
Iran’s Oil Minister Bijan Namdar Zanganeh said on Wednesday French oil major Total has two months to seek exemption from US sanctions after Washington’s withdrawal from the international nuclear...