Chinese ambassador went to Bandar Abbass in south Iran to open his country’s new consulate general in the Iranian port city during which he described the relations…
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The price of gas in Europe fell below $1,030 per 1,000 cubic meters for the first time since November 14, according to London’s ICE.
Russian companies are interested in cooperating with Iran on gas turbine technology and joint production, Russian Energy Minister Nikolai Shulginov said in a statement on Tuesday.
Iranian Minister of Petroleum Javad Owji says that the country’s oil production has reached nearly 3 million barrels per day (bpd).
Speaking to reporters…
A tripartite contract for the supply of 500 road tankers has been signed between the National Iranian Oil Products Refining and Distribution Company (NIORDC), Ariadiesel Khodro Company…
The CEO of the Iranian Central Oil Fields Company (ICOFC) said Azar Oil Field is ready to be delivered to West Oil and Gas Production Company for…
National Iranian Oil Company (NIOC) has decreased its crude oil selling prices (OSP) for Asian buyers in January 2023, following Saudi Arabia’s significant price cut for the…
Iranian Finance and Economic Affairs Minister Ehsan Khandouzi announced that the Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei has agreed with the oil barter trade…
The efficiency of horizontal and directional drilling operations of the National Iranian Drilling Company (NIDC) grew by at least 45% in the first 8 months of the…
Oil rose more than $1 a barrel on Monday, rebounding after a decline in the previous session, as optimism over the Chinese economy and a recovery in…
Iranian energy minister in a meeting with Nicaraguan Foreign Minister Denis Moncada stressed the need for developing Tehran-Managua cooperation in different fields including energy and economy.
The installed capacity of Persian Gulf Petrochemical Industries Company (PGPIC) is planned to hit 46 million tons per year by 2026 from currently 28 mt/y, an official…
Iranian Minister of Petroleum Javad Owji said the 13th administration has initiated sizable movements in the country’s refining industry including quality improvement in Abadan Refinery and all…
The leaders of Azerbaijan, Georgia, Romania and Hungary signed an agreement on Saturday on the construction of an electric cable running under the Black Sea to carry…
The U.S. Energy Department said on Friday it will begin buying back oil for the Strategic Petroleum Reserve, or SPR, the first purchase since this year’s record…
Iranian vice president for technological and scientific affairs has said that based on the country’s seventh five-year National Development Plan (2022-2026), $35 billion of investment is going…
A total of $260 million worth of engineering and technical services were exported from Iran during the first four months of the current Iranian year.
Pars Behin Qeshm Oil Refinery has processed AH70 bitumen which is considered a new grade suitable for global markets for the first time in the country.
The CEO of Pars Oil and Gas Company (POGC) said the daily gas production from the South Pars joint gas field has reached 700 million cubic meters.
Pars Oil and Gas Company (POGC) is planning to invest $2 million in a project for laboratory modeling of corrosion together with a knowledge-based company.