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…
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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…
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…