All lawmakers have the great admiration for Oil Minister Javad Owji and support his ministry’s approaches, said a member of Iran’s Parliament Sunday.
Talking…
ECONOMY Feed Atom
The National Iranian Oil Company (NIOC) managing director on Saturday said development of South Pars Oil Layer (SPOL) and Farzad B field will help increase oil and…
The International Energy Agency (IEA) does not expect moves by the Group of Seven nations to counter the evasion of price caps on Russian energy will change…
The European Union (EU) has over the past two decades sought to deregulate gas, thereby supporting gas pricing based on market mechanism in gas hubs versus oil-indexed…
As the war in Ukraine surpassed the one-year threshold with no solid evidence that it may end soon, the international oil and energy markets demonstrate its resilience…
The Islamic Republic of Iran and Saudi Arabia, the two great oil reserves holders and producers of the Middle East and OPEC, have agreed to restore relationship…
Ilam gas treatment facility is the only facility in western Iran. Sprawling on 250 ha of land, it supplies gas to western provinces in addition to feeding…
CEO of National Petrochemical Company (NPC) Morteza Shahmirzaei has announced plans for exporting “Iranian-branded” petrochemical products in the current calendar year.
He said NPC…
West Karoun area in western Iran is expected to form a new oil civilization. Based on plans, Iran intends to rely on the 11 oil fields located…
In coincidence with the anniversary of nationalization of Iran’s petroleum industry, President Ebrahim Raeisi and Minister of Petroleum Javad Owji oversaw the inauguration of the first section…
Iran will add 12 new petrochemical complexes in the current Iranian calendar year (to end March 19, 2024), National Petrochemical Company (NPC) managing director said here on…
Oil prices fell on Friday, as investors worried that U.S. politicians will fail to agree on a new debt ceiling and trigger a default that would hurt…
China’s crude oil imports from Russia rose 8.6% in April from a year earlier, as larger private refiners also embarked on purchases of the discounted fuel.
An attorney representing the family of a 55-year-old Marathon Petroleum refinery worker killed in a fire at the Texas facility this week called the plant where he worked…
Natural gas transmission via Iran’s national network is expected to reach 280 billion cubic meters in the current Iranian calendar year 1402 (began on March 21), Iranian…
Iran’s oil minister on Saturday said his ministry’s “umbrella is open to fully protect domestic companies that present knowledge-based and environmental plans”.
Javad Owji…
More than 200 agreements and memorandums of understanding (MoUs) have been signed between Iranian and international companies during Iran Oil Show 2023, Iran’s oil minister said here…
Iran’s oil minister on Saturday announced that manufacturers on the Approved Vendor List (AVL) have for the first time in the country’s oil industry outnumbered suppliers.
Iran has negotiated with Turkmenistan to import gas from the neighboring country, the director of the integrated planning at the National Iranian Gas Company (NIGC) said here…
Oil prices rebounded on Friday from losses of more than 1% the previous day as investors turned cautiously optimistic over the fading risk of a U.S. debt…