BREAKING NEWS Feed Atom

South Pars: Symbol of energy resilience, stability in times of crisis South Pars: Symbol of energy resilience, stability in times of crisis

1 month ago

12 November 2025

3:48 AM

head of Iran’s Passive Defense Organization said the South Pars Gas Complex safeguarded national energy security by maintaining continuous production during the recent 12-day conflict and by implementing passive defense strategies, supported by the dedication of its workforce.

Global crude oil prices today (November 11, 2020)/ Brent oil prices rose to $64.33

1 month ago

11 November 2025

11:04 AM

Brent crude futures rose 27 cents, or 0.42 percent, to $64.33 a barrel. U.S. West Texas Intermediate crude rose 26 cents, or 0.43 percent, to $60.39 a barrel.

India Races to Replace Russian Oil With U.S., Iraqi, and UAE Crude

1 month ago

11 November 2025

3:56 AM

Two Indian refiners bought a total of 5 million barrels of crude oil from the United States, Iraq, and the UAE on the spot market as they seek alternatives to Russian crude.

8 new CNG stations launched nationwide to boost clean fuel use

1 month ago

11 November 2025

3:53 AM

Eight new compressed natural gas (CNG) stations were inaugurated simultaneously across Iran on Sunday, November 9, aiming to expand the share of CNG in the country’s fuel mix and promote clean energy use.

Parliament reports steady oil sector progress under Seventh Development Plan

1 month ago

11 November 2025

3:50 AM

The head of Iran’s Parliament Energy Committee said the oil industry performed positively in the first year of the Seventh Development Plan, noting progress in implementing key provisions such as the collection of flare gas and the increase in production of petroleum products.

Iran’s Oil minister: No current plans to change gasoline quotas, prices

1 month ago

11 November 2025

3:44 AM

Iran’s Oil Minister Mohsen Paknejad said Monday there are currently no plans to change the quotas or prices for subsidized fuel in personal smart cards.

World crude oil prices today (November 10, 2025) / Brent oil price rose to $64.13

1 month ago

10 November 2025

11:26 AM

Brent crude futures rose 50 cents, or 0.79 percent, to $64.13 a barrel. U.S. West Texas Intermediate crude rose 53 cents, or 0.89 percent, to $60.28 a barrel.

India’s HPCL, MRPL buy 5 million barrels of US, Mideast oil, sources say

1 month ago

10 November 2025

7:38 AM

Two Indian state refiners have purchased 5 million barrels of crude oil from spot markets via tenders as they continue to scout for alternatives to Russian supplies, trade sources said.

Iran’s oil exports hit new post-sanctions record

1 month ago

10 November 2025

7:27 AM

Iran has set a new record in its oil exports despite the continued pressure of US and UN sanctions, according to the latest data from a leading energy analytics firm.

Chinese firms propose creation of smart industrial parks in Iran

1 month ago

10 November 2025

6:26 AM

The Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) has signed a memorandum of understanding with the International Union of Small and Medium-Sized Enterprises of Shanghai to expand bilateral industrial and economic cooperation, including a proposal by Chinese companies to help establish a smart industrial park in Iran.

Facilitating oversight needed to ensure stable production: NIOC

1 month ago

10 November 2025

5:34 AM

The head of the National Iranian Oil Company called for a more facilitative approach from oversight bodies, saying it is essential for supporting the industry’s national mission as the country prepares for heightened winter gas demand.

India among world’s top 5 oil refining countries: Union Minister Hardeep Puri

1 month ago

9 November 2025

9:33 AM

Minister of Petroleum and Natural Gas Hardeep Singh Puri on Saturday said that India with its 23 world-class refineries and a total capacity of 258.2 MMTPA now stands among the top five refining nations in the world.

Iran opens trade development center in Shanghai, signs deal with Hangzhou trade council

1 month ago

9 November 2025

9:18 AM

Iran inaugurated its Trade Development Center in Shanghai in a ceremony attended by Tehran Chamber of Commerce Chairman Mahmoud Najafi Arab and Secretary General Fereydoun Vardinejad, honoring Vardinejad for his role in strengthening Iran–China ties.

NIOC board convenes in Asaluyeh as company prepares for steady winter gas supply

1 month ago

9 November 2025

9:14 AM

The National Iranian Oil Company (NIOC) is fully prepared to ensure a stable gas supply during the winter season, the company’s managing director said Sunday.

Tehran’s household gas use up 67%

1 month ago

9 November 2025

9:12 AM

The spokesperson for the Tehran Province Gas Company said household, commercial, and small industrial gas consumption in the province exceeded 57 million cubic meters in the past 24 hours — a 67% increase compared with the same day last week.

Iran uses oil barter to add 300 wagons to its railway fleet

1 month ago

8 November 2025

11:30 AM

A senior Iranian railway company (IRIR) official says the country has added 300 new wagons to its railway fleet using resources generated through oil barter arrangements with other countries.

Shehbaz Sharif stresses the important role of Iran and Pakistan for world peace and Islamic unity

1 month ago

8 November 2025

4:15 AM

Pakistani Prime Minister Shehbaz Sharif has stressed his commitment to strengthening comprehensive cooperation with the Iran, and said that Tehran and Islamabad play an important role for global peace and Islamic unity.

Iran, Kenya eye trade expansion with innovation hub, direct flights

1 month ago

8 November 2025

4:11 AM

Iran and Kenya plan to boost trade and tech ties with a permanent Iranian expo in Nairobi, a joint innovation hub, and direct Tehran-Nairobi flights.

World crude oil prices today (November 07, 2025) / Brent oil price rose to $63.93

1 month ago

7 November 2025

12:03 PM

Brent crude futures rose 55 cents, or 0.9 percent, to $63.93 a barrel. U.S. West Texas Intermediate crude rose 60 cents, or 1 percent, to $60.03.

Russian Oil Plunges to Deepest Discount in a Year as India and China Halt Purchases After Fresh US Sanctions

1 month ago

7 November 2025

11:54 AM

Russian Urals crude hits its deepest discount to Brent in a year at $4 per barrel after major Indian and Chinese refiners halted December purchases from sanctioned Rosneft and Lukoil ahead of the November 21 US deadline, threatening Moscow’s oil revenues.

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Latest News of Oil, Gas and Petrochemical industry

BREAKING NEWS Feed Atom

South Pars: Symbol of energy resilience, stability in times of crisis South Pars: Symbol of energy resilience, stability in times of crisis

Global crude oil prices today (November 11, 2020)/ Brent oil prices rose to $64.33

India Races to Replace Russian Oil With U.S., Iraqi, and UAE Crude

8 new CNG stations launched nationwide to boost clean fuel use

Parliament reports steady oil sector progress under Seventh Development Plan

Iran’s Oil minister: No current plans to change gasoline quotas, prices

World crude oil prices today (November 10, 2025) / Brent oil price rose to $64.13

India’s HPCL, MRPL buy 5 million barrels of US, Mideast oil, sources say

Iran’s oil exports hit new post-sanctions record

Chinese firms propose creation of smart industrial parks in Iran

Facilitating oversight needed to ensure stable production: NIOC

India among world’s top 5 oil refining countries: Union Minister Hardeep Puri

Iran opens trade development center in Shanghai, signs deal with Hangzhou trade council

NIOC board convenes in Asaluyeh as company prepares for steady winter gas supply

Tehran’s household gas use up 67%

Iran uses oil barter to add 300 wagons to its railway fleet

Shehbaz Sharif stresses the important role of Iran and Pakistan for world peace and Islamic unity

Iran, Kenya eye trade expansion with innovation hub, direct flights

World crude oil prices today (November 07, 2025) / Brent oil price rose to $63.93

Russian Oil Plunges to Deepest Discount in a Year as India and China Halt Purchases After Fresh US Sanctions