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…
ECONOMY Feed Atom
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…
China’s Sinopec said it has agreed key terms with Kazakh state-owned oil and gas firm KazMunayGaz to build a gas-based petrochemical complex in Kazakhstan’s Atyrau region and a…
Indian Oil Corp, the country’s top refiner, said on Friday it is looking to decarbonise its petrochemical feedstocks by introducing bio-naphtha at its crackers.
Middle East crude prices in Asia fell to their lowest level in months, despite OPEC+ production cuts, traders said, as Asian refiners held back spot purchases and…
Deputy Oil Minister Majid Chegeni on Thursday announced Iran’s readiness to carry out and complete Iraq’s gas projects.
He made the remark in…
Iran’s National Petrochemical Company (NPC) investment manager on Thursday invited domestic and foreign investors to fund 19 projects worth $9 billion.
Reza Nekouei introduced…
Iran’s deputy oil minister on Thursday announced Türkiye’s demand for more gas from Iran.
Majid Chegeni made the announcement in a news conference at…
Iran International Oil, Gas, Refining and Petrochemical Exhibition, having the motto “Oil Industry; Technological Production, Optimal Consumption”, is a symbol of neutralizing sanctions, the Iranian lawmaker said…
A senior U.S. Republican senator confirmed the rise in Iran’s oil revenues in recent months, confessing to the ineffectiveness of the sanctions that have been unilaterally imposed…
By development of Khami reservoir and using associated gas extracted from fields run by National Iranian South Oil Company (NISOC), the company will commence its second step…
The National Iranian Oil Company head and Russian state company Gazprom deputy chairman held talks on investment patterns for development of oil and gas fields.
Oil prices were steady on Wednesday after a surprise rise in U.S. crude inventories stoked demand concerns as economic worries competed with a tighter supply outlook for…
Japan’s energy companies were quick to embrace the G7’s support for natural gas investment in their statement last month but analysts caution that relying on the fossil…
India’s oil imports from Russia rose to a fresh record high in April, further reducing the share of Middle Eastern and African grades to their lowest level…
The economic exchanges between Iran and the United Kingdom (UK) have more than tripled after BREXIT so that the trade between the two countries reached 696 million…
Iran’s first vice president paid a visit to the 27th Iran International Oil, Gas, Refining and Petrochemical Exhibition, aka Iran Oil Show 2023, on Wednesday.
Iran’s oil minister said the participation of 200 foreign companies in the 27th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show…
The 13th (incumbent) administration has inherited widespread imbalances in energy area including power, gas and gasoline sectors, Iran’s President Seyyed Ebrahim Raeisi said here on Tuesday.
The 27th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show 2023, kicked off in a ceremony in the Iranian capital Tehran…