The U.S. Energy Information Administration (EIA) in a recent report has put Iran’s average oil production in 2022 at 2.54 million barrels per day (bpd), 140,000 bpd…
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The value of Iran’s petrochemical exports has reached $18 billion since the beginning of the current Iranian calendar year (March 21, 2022), a senior official with the…
The minister of petroleum of the Islamic Republic of Iran said that the volume of liquefied petroleum gas (LPG) export increased by over 50 percent in the…
National Iranien Oil Company (NIOC) has long focused on developing technologies to enhance recovery from oil wells. Although sanctions have posed an obstacle in its way, it…
The director of exploration at National Iranian Oil Company (NIOC), Mehdi Fakour, has said that Iran was estimated to sit atop 16 billion barrels of hydrocarbon reserves.
Being the first oil refinery in the Middle East set up more than 110 years ago, Abadan oil refinery is considered one of Iran’s refining hubs, but…
A meeting was held to introduce opportunities for investment in crude oil storage tanks construction and operation, required by National Iranian Oil Company (NIOC), within the framework…
The refinery of Phase 14 of the giant offshore South Pars gas field is almost coming online. With the completion of this megaproject, which has been operated…
With the beginning of 2023, the developments of the oil market in 2022 and the perspective of the New Year have been reviewed. The idea is to…
The Gas Exporting Countries Forum (GECF) expects 74% of the world’s natural gas production by 2050 to be provided by new projects that will start in the…
Turkey will hold a natural gas summit on Feb. 14-15 to bring together gas supplier countries and Europe’s consumer countries in Istanbul, Turkish Energy Minister Fatih Donmez…
The Gas Exporting Countries Forum (GECF) today launched the latest edition of its annual Global Gas Outlook 2050 (Outlook), in the presence of the 2023 President of…
Saudi Arabia, the world’s largest oil exporter, may trim prices for crude grades sold to Asia for a fourth straight month in March, amid low physical oil…
Oil prices extended losses on Monday as looming increases to interest rates by major central banks and signs of strong Russian exports offset rising Middle East tension…
The Speaker of the Iranian Parliament said: “Iran and Algeria have the possibility to cooperate in the field of knowledge-based issues and infrastructure and energy studies, especially…
The CEO of Bidboland Gas Refining Company announced that from the beginning of the current Iranian calendar year which began on March 21, processed more than 3.9…
The head of production coordination and supervision of South Pars Gas Complex (SPGC) said SPGC is currently producing over 700,000 barrels of gas condensate and exports 480,000…
TotalEnergies (TTEF.PA) is keen to start work on Lebanon’s offshore Block 9 “as soon as possible”, with assessments to begin early next month and well-drilling to launch in the…
Deputy Head of Iran Powerplant Repairs Company has said the country is currently among the world’s top manufacturers of steam and gas turbines, IRIB reported.
The vulnerability assessment report of the insurance industry and the identification of 153 challenges and 203 proposed strategies were discussed in the 11th meeting of the National…