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Union Minister Hardeep Puri wishes Indian Oil on 65th establishment day

1 year ago

2 September 2024

9:13 AM

On the 65th establishment day of Indian Oil Corporation Limited (IOCL), Union Minister of Petroleum and Natural Gas Hardeep Singh Puri lauded the company for its role in protecting Indian citizens from global fuel price hikes over the past three years.

Iran’s dash toward becoming regional gas hub

1 year ago

2 September 2024

9:10 AM

Iran and Turkmenistan on Wednesday signed an important energy agreement under which the two neighbors will expand gas swap cooperation.

Growth Depends on Solving Energy Imbalance

1 year ago

2 September 2024

9:01 AM

Iranian President Masoud Pezeshkian has said that the country’s energy imbalance should be solved otherwise 8 percent economic growth will be out of reach.

NIOC’s International Affairs Head Appointed

1 year ago

2 September 2024

8:59 AM

CEO of the National Iranian Oil Company (NIOC) Hamid Bord has appointed Houtan Salari as the acting manager of the NIOC’s international affairs department.

Iran to move arbitration court in September on IP gas pipeline

1 year ago

1 September 2024

7:43 AM

Iran has issued a final notice to Pakistan, stating it must move the Paris Arbitration Court in September 2024 against Pakistan for failing to construct the IP gas project.

China oil imports from Iran surge to 1.75m bpd: report

1 year ago

1 September 2024

2:50 AM

China’s imports of Iranian oil have reached a record of 1.75m barrels per day (bpd) in August, oiprice.com reported, citing data from Kpler.

Iran’s enormous capacities for economic prosperity

1 year ago

31 August 2024

4:55 AM

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei on Tuesday highlighted Iran’s gifts and capacities, citing the country’s natural, abundant, and valuable resources, its strategic geographic location at the crossroads of the world’s major trading routes, along with its extensive coastlines.

The global price of crude oil today, August 30, 2024

Brent crude oil reached 80 dollars and 33 cents

1 year ago

30 August 2024

8:40 AM

Brent crude futures were up 39 cents, or 0.5%, at $80.33 a barrel by 0630 GMT. U.S. West Texas Intermediate crude futures gained 30 cents, or 0.4%, to $76.21.

Oil India inks MoU with Khanij Bidesh India for projects and exploration

1 year ago

30 August 2024

8:35 AM

KABIL and Oil India Ltd. signed a Memorandum of Understanding at NALCO's Bhubaneswar headquarters, signed by KABIL CEO Sadashiv Samantaray and OIL ED Ranjan Goswami.

Pakistan Seeks Diplomatic Solution to Iran Gas Pipeline Dispute

1 year ago

30 August 2024

8:11 AM

Pakistan is in a diplomatic engagement with Iran to avert a potential fine over the completion of the Pakistan-Iran gas pipeline, which has faced many years of delays.

Iran Appoints National Oil Company CEO

1 year ago

30 August 2024

8:08 AM

Iran's new oil minister Mohsen Paknejad appointed Hamid Boord as CEO of the National Iranian Oil Company (NIOC), Iran's oil ministry news agency SHANA reported on Thursday.

The global price of crude oil today, August 29, 2024

Brent crude oil prices reached 78.58$

1 year ago

29 August 2024

9:57 AM

Brent crude futures slipped 7 cents, or 0.09%, to $78.58 a barrel by 0812 GMT, while U.S. West Texas Intermediate crude futures edged 1 cent lower, or 0.01%, at $74.51.

India to benefit from the global gas supply glut: ICRA

1 year ago

29 August 2024

9:52 AM

The global liquefied natural gas market is predicted to experience a supply glut, increasing production by 41% over the next four years, benefiting India's LNG availability at reasonable prices.

NISOC’s oil production increase target 65% realized

1 year ago

29 August 2024

9:48 AM

NISOC achieved 65% of its target for increasing and maintaining oil production in Iranian fields in the previous year, according to an official.

Iran And Turkmenistan Sign Gas Cooperation Document

1 year ago

29 August 2024

9:43 AM

Iran and Turkmenistan signed a gas cooperation document today in Tehran in the presence of the Iranian President Masoud Pezeshkian and the National Leader of Turkmenistan Gurbanguly Berdimuhamedow.

Petroleum Ministry Working Group Established

1 year ago

29 August 2024

9:42 AM

The petroleum minister Mohsen Paknejad has established a consultative working group to identify the oil industry's main problems and challenges regarding management and human capital development.

Oil steady after recent losses on demand concerns

1 year ago

28 August 2024

8:07 AM

Brent crude futures were up 8 cents at $79.63 a barrel at 0653 GMT. U.S. West Texas Intermediate crude futures up 7 cents to trade at $75.60.

Leader Underlines Oil Industry Development

1 year ago

28 August 2024

3:32 AM

The Supreme Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei announced upstream sector development as a top priority.

Management Structure Overhaul Necessary, President

1 year ago

28 August 2024

2:50 AM

Iranian President Masoud Pezeshkian emphasized the necessity of changing the executive branch’s management structure.

Raising Oil Production NIOC’s Top Priority

1 year ago

28 August 2024

2:41 AM

The National Iranian Oil Company’s (NIOC) managing director Mohsen Khojastehmehr says that an increase of 400 thousand barrels of oil production per day is the most important mission the petroleum minister has assigned to the NIOC.

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Latest News of Oil, Gas and Petrochemical industry

LASTEST NEWS Feed Atom

Union Minister Hardeep Puri wishes Indian Oil on 65th establishment day

Iran’s dash toward becoming regional gas hub

Growth Depends on Solving Energy Imbalance

NIOC’s International Affairs Head Appointed

Iran to move arbitration court in September on IP gas pipeline

China oil imports from Iran surge to 1.75m bpd: report

Iran’s enormous capacities for economic prosperity

The global price of crude oil today, August 30, 2024

Brent crude oil reached 80 dollars and 33 cents

Oil India inks MoU with Khanij Bidesh India for projects and exploration

Pakistan Seeks Diplomatic Solution to Iran Gas Pipeline Dispute

Iran Appoints National Oil Company CEO

The global price of crude oil today, August 29, 2024

Brent crude oil prices reached 78.58$

India to benefit from the global gas supply glut: ICRA

NISOC’s oil production increase target 65% realized

Iran And Turkmenistan Sign Gas Cooperation Document

Petroleum Ministry Working Group Established

Oil steady after recent losses on demand concerns

Leader Underlines Oil Industry Development

Management Structure Overhaul Necessary, President

Raising Oil Production NIOC’s Top Priority