The integrated planning director of the National Iranian Oil Company (NIOC) said by applying EOR and IOR methods the country’s petroleum production could increase by 15 to…
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The CEO of the National Iranian Gas Company (NIGC) announced the start of negotiations between Iran and Iraq regarding the continuation of gas exports to the latter.
The supervisor of Sarkhoon and Qeshm Gas Refining Company said the plant’s staff had been able to domestically manufacture parts of the gas turbines used in the…
The CEO of the National Iranian Oil Company (NIOC) announced the ongoing negotiations for the development of the Iranian oil market, and said: “Oil exports have improved…
The head of Shahid Tondgouyan Petrochemical Compound announced the historical production record of 756,000 tons of polyethylene terephthalate since the beginning of the current calendar year, which…
At the peak of the sanctions, Iran’s petrochemical industry earned more than $54 billion for the country, and on average, 80% of the export income of this…
The average price of a gallon of gas in Buffalo is $3.79 a gallon, which is up two cents from last week.
Drivers in…
Iran and Armenia have agreed to double the amount of natural gas that Iran sells to Armenia, and to extend their gas trade agreement to 2030, a…
The CEO of Persian Gulf Petrochemical Industries Company (PGPIC) said: “With the launch of petrochemical parks, the slogan of the year (production, knowledge-based activities and job-creation) will…
The CEO of Sina Energy Gostar Holding, affiliated to Mustazafan Foundation, said the holding was planning to build a pipeline for the transfer of petroleum products with…
The State Organization for Marketing of Oil (SOMO) intends to increase its share in the European market amid the decline in Russian imports to the region and…
The first vice president said: “Today we are selling oil well, and money transfer is done properly and current expenses of the country are provided without…
Iranian Oil Minister Javad Owji says that imposing anti-Iranian sanctions is no longer a suitable option for controlling the country.
Saying that Iran has secured…
The CEO of South Pars Gas Complex announced the daily production of 570 million cubic meters of gas in the thirteen refineries of the country’s largest gas…
The CEO of Bandar Imam Petrochemical Company announced the increase of the company’s products from the current 31 to 40 items in the next five years.
Iran’s ambassador to India said in New Delhi on Friday that Tehran is ready to sell oil to India and deliver it at desired destination.
The International Monetary Fund (IMF) in its latest regional economic outlook for “The Middle East and Central Asia Region (ME&CA)” stated that Iran has the least foreign…
Since joining the organisation the role of the UAE has remained clear: to increase production, maintain economic growth, achieve diversification through other sources, and reduce costs
Faced with mounting impacts from warming and a push for resource development, Indigenous communities in northern Canada are setting aside vast areas for protection. They are also…
Governor of the Central Bank of Iran (CBI) Ali Salehabadi and CEO of the Central Bank of Oman (CBO) Taher bin Salem al Omari have started talks…