Natural gas delivery to Iran’s power plants stood at 182 million cubic meters per day (mcm/d) during the week ended on 23 November, implying 3.3 mcm/d up against a similar period last year.
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Iranian Minister of Petroleum Mohsen Paknejad has announced the South Pars gas field pressure-boosting project as one of the most important projects of the National Iranian Oil Company (NIOC).
In its latest short term energy outlook (STEO), which was released recently, the U.S. Energy Information Administration (EIA) said India has emerged as the leading source of growth in global oil consumption in its forecast.
Iranian Agriculture Minister Gholamreza Nouri Ghezeljeh and Japanese Ambassador Tamaki Tsukada discussed Iran's transit corridor's potential for significant regional product transport.
Iran is among the world's top four countries in producing aircraft refuelers, an official familiar with the matter told IRIB.
The OPEC and Russian Federation held the Ninth High-level Meeting of the OPEC-Russia Energy Dialogue in Moscow on November 22, 2024.
Despite rising domestic production, India will increasingly rely on liquefied natural gas imports, especially from Qatar and the Middle East.
The head of Iran’s Trade Promotion Organization (TPO) has highlighted the need to establish a joint business council with Kazakhstan, the TPO portal reported.
The Iranian Oil Refining and Distribution Company (NIORDC) and the Vice Presidency for Scientific, Technology, and Knowledge-Based Economy are forming a joint working group to drive digital transformation in the refining sector.
Written by MohammadSadegh Razmi
The South Pars Gas Field, the world's largest natural gas field shared between Iran and Qatar, has been a cornerstone of Iran's energy supply.
Despite its vast potential for solar and wind energy, Iran remains significantly behind its affluent neighbors in the Persian Gulf in the transition to green energy sources. This article delves into the reasons behind this lag, providing an analysis bolstered by relevant statistics.
The world price of crude oil today, November 21, 2024
Brent crude futures rose $1.48, or 2.03%, to $74.29 by 1158 GMT. U.S. West Texas Intermediate crude futures rose $1.53, or 2.23%, to $70.28.
Iranian Vice President Mohammad-Reza Aref has announced Tehran and Moscow's strong determination to strengthen bilateral relations to the maximum level, Shana reported.
The CEO of the National Iranian Oil Company predicts that daily oil production in Iran will reach 200,000-250,000 barrels by the end of the 1403 year.
The world price of crude oil today, October 20, 2024
Brent crude futures increased by 0.3% to $73.53 a barrel in January, while U.S. West Texas Intermediate crude futures reached $69.70 due to expiry.
Oil India Limited and TotalEnergies signed a Technical Service Agreement in Paris on 18th November 2024 to collaborate on drilling stratigraphic wells in Indian Offshore waters.
The US-China Economic and Security Review Commission has called for a six-month study on China's indirect oil entry routes to protect the country from sanctions.
Mohammadreza Jolaei, director of coordination and supervising at NIGC, stated that natural gas accounts for 75% of Iran's energy basket during a visit to the Ilam gas processing plant.
Global Crude Oil Price Today November 19, 2024
Brent crude futures were down 29 cents, or 0.4%, to $73.01 a barrel by 1240 GMT, while U.S. West Texas Intermediate crude futures slipped by 34 cents, or 0.5%, to $68.82.
India's oil product demand saw a 3% year-over-year increase in October, likely to continue in November due to higher vehicle sales and robust agricultural sector demand.