The world will need natural gas for a long time and more investment is required to ensure supply security and affordable prices during the global energy transition,…
ECONOMY Feed Atom
Head of the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) Energy Committee has warned about the serious imbalance between the country’s natural gas production and…
According to the latest data of the Islamic Republic of Iran Customs Administration, Iran’s foreign trade reached 125.86 million tons worth $88 billion.
Iran’s…
Head of Iran-China Friendship Association Alaeddin Boroujerdi has underlined that the future trip by President Ebrahim Raisi to China will help speed up the implementation of the…
An Iranian delegation held talks with UAE officials in Abu Dhabi this week to discuss economic co-operation between the two nations, state news agency Wam said.
Minister…
India-Iran relations have a deep civilizational background and need to be viewed outside the framework of daily politics and current trends such as anti-government protests in Iran,…
Siemens Energy (ENR1n.DE) plans to boost its cooperation with Iraq in the coming years, the company said on Friday, as its CEO inked a deal with the Iraqi government…
Oil prices rose on Friday and were on track to gain over 7% on the week due to solid signs of demand growth in top oil importer…
Oil rose more than 1% on Thursday supported by optimism over China’s demand outlook and hopes that upcoming inflation data from the United States will point to…
Dutch power grid operator TenneT (IPO-TTH.AS) said on Thursday electricity shortages could be possible in the Netherlands by 2030, as the switch from fossil fuels drives demand but power…
The World Bank has forecasted Iran’s economic growth in 2023 and predicted a 2.2 percent hike for the country.
The World Bank estimated Iran’s…
CEO of Ilam Gas Refinery Company says that dozens of essential products and equipment items being used in the refinery have been sourced for a first time…
Goldman Sachs expects that the growing ability of the Organization of the Petroleum Exporting Countries (OPEC) to raise prices without hurting demand too much will limit downside…
Oil prices rose on Wednesday as hopes for an improved global economic outlook and concern over the impact of sanctions on Russian crude output outweighed a higher…
The CEO of the National Petrochemical Company (NPC) addressed the executives and investors of petrochemical projects, and said: “Try to use the abilities, knowledge and capacities of…
The Iranian Minister of Petroleum warned over-consumers of gas in the domestic sector: “Wherever gas consumption is out of the pattern, we will first give a warning…
The head of petroleum engineering of the South Zagros Oil and Gas Production Company underlined the restoration operations on a well in the Nar gas field, announcing…
According to the Scimago Ranking System, the Petroleum University of Technology (PUT) was ranked first in Iran, first in the Middle East, and seventh in the world…
The CEO of Pars Special Economic Energy Zone Organization (PSEEZ) announced a 50% increase in the export of this region compared to the previous year.
Iran’s petrochemical output reached 53 million tons in the first months of the current Iranian calendar year, up 7% compared to the same period last year.