LASTEST NEWS Feed Atom

Convergence, collaboration key to sustainable production in petchem industry

6 months ago

1 July 2025

7:24 AM

The CEO of National Iranian Petrochemical Company (NPC) emphasized that cooperation among petrochemical holdings and companies, along with the implementation of NPC’s approved programs during the 12-day imposed war, helped achieve planned objectives in emergency management.

Salman field water injection system back in service

6 months ago

1 July 2025

7:18 AM

The CEO of Iran’s Offshore Oil Company announced the return of the Salman field’s water injection system to service, stating that with the startup of the gas injection compressor turbine by the end of the first half of this year, oil production from the shared Salman field will increase, and flared gas will also be reduced.

The global price of crude oil today, June 30, 2025 / Brent crude oil fell to $67.65

6 months ago

30 June 2025

8:53 AM

Brent crude futures fell 12 cents, or 0.18 percent, to $67.65 a barrel. U.S. West Texas Intermediate crude fell 36 cents, or 0.55 percent, to $65.16 a barrel.

Pakistan okays 50 percent increase in fixed gas charges for domestic consumers

6 months ago

30 June 2025

8:29 AM

The Pakistani government has revised gas prices for the fiscal year 2025-26 and okayed a 50 percent increase in fixed charges for domestic consumers, effective from July 1, the Oil and Gas Regulatory Authority (OGRA) announced on Sunday.

India Navy Launch Rescue Operation After Pulau-Flagged Oil Tanker Catches Fire In Gulf Of Oman

6 months ago

30 June 2025

8:23 AM

The Indian Navy swung into action after receiving a distress call of an oil tanker catching fire in the Gulf of Oman on Sunday. Indian Navy's stealth frigate INS Tabar was mobilised to rescue Pulau flagged MT Yi Cheng 6, which reported a major fire after engine failure.

Iran’s fuel demand nearly doubled in early days of Israeli aggression: VP

6 months ago

30 June 2025

8:18 AM

Iran's vice-president reports a nearly doubled demand for motor fuel during Israeli aggression, despite no disruption to fuel supplies despite direct attacks on Iran's energy facilities.

Gas exports begin from 3rd sweetening train of South Pars phase 14 refinery

6 months ago

30 June 2025

8:12 AM

Iran has started gas exports from its Phase 14 refinery's third sweetening train, marking a significant expansion in the country's production and export capacity.

MP praises Oil Ministry’s efforts during 12-day war

6 months ago

30 June 2025

8:10 AM

A member of Parliament's Energy Committee praised the Oil Ministry's selfless efforts during the 12-day Zionist regime war, highlighting the selflessness of its employees.

Ukraine to initiate sanctions against countries that buy Russian oil the most

6 months ago

29 June 2025

7:12 AM

Ukraine will initiate appropriate sanctions against those countries that buy the most Russian oil, Ukrainian Foreign Minister Andriy Sybiha said.

Package of supporting industries damaged by imposed war sent to cabinet

6 months ago

29 June 2025

7:07 AM

Iran's deputy industry, mining, and trade minister has sent a comprehensive package of support to industries affected by the Israeli-imposed war, with details to be announced if approved.

NIOC: Oil industry did not halt amid threats

6 months ago

29 June 2025

6:57 AM

The CEO of the National Iranian Oil Company (NIOC) described Operation "True Promise 3" as a symbol of the Islamic Republic of Iran's defensive strength and the nation’s decisive response to enemy aggression.

TotalEnergies Seeks Exit from Argentine Shale Oil Assets

6 months ago

28 June 2025

8:49 AM

TotalEnergies is in advanced discussions to sell its shale oil assets in Argentina, with two suitors submitting bids, aligning with CEO Patrick Pouyann's statement of divesting stakes at the right price.

India’s oil imports from US surged over 270% in first four months of year

6 months ago

28 June 2025

8:30 AM

India's US oil imports surged over 270% YoY in Q1 2025, highlighting its strategy to boost American imports amid trade pact negotiations and diversify crude oil sources.

IMF forecasts modest growth for Iran’s economy in 2025

6 months ago

28 June 2025

8:28 AM

The IMF predicts Iran's GDP to reach $1.746 trillion in 2025, a $51 billion increase from 2024, but a slight decline in GDP per capita.

Iran launches 4th gas sweetening train at South Pars phase 14 amid regional tensions

6 months ago

28 June 2025

8:23 AM

Iran has successfully launched the fourth gas sweetening train at Phase 14 of the South Pars Gas Field, completing the reception of sour gas from offshore platforms despite heightened regional tensions, the managing director of Petropars said.

World crude oil price today June 27, 2025

Brent crude oil price rose to $68.09 a barrel

6 months ago

27 June 2025

8:41 AM

Brent crude futures rose 36 cents, or 0.53%, to $68.09 a barrel while U.S. West Texas Intermediate crude gained 33 cents, or 0.51%, to $65.57.

China’s Iran oil imports surge in June on rising shipments, teapot demand

6 months ago

27 June 2025

8:23 AM

China's Iranian oil imports surged in June as shipments accelerated before the recent conflict in the region and demand from independent refineries improved, analysts said.

India’s oil import from Iran “depends on market factors, prevailing global situation”: MEA

6 months ago

27 June 2025

7:22 AM

The Ministry of External Affairs clarified India's position on importing crude oil from Iran on thursday, stating that energy purchases are based on "market factors and the prevailing global situation."

The leader congratulates Iranians on their victory over Israel and U.S.

‘Iran’s surrender’ — A claim far too big for U.S. president to utter

6 months ago

27 June 2025

7:18 AM

In a video message published two days after fighting between Iran and Israel halted, Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei thanked God, the Armed Forces, and the Iranian people for humbling both the Zionist regime and the U.S. government during the 12-day war that began on June 13 with Israeli airstrikes on Iran's soil.

PEDEC: Development of joint oilfields continues strongly

6 months ago

27 June 2025

7:14 AM

PEDEC CEO emphasizes the strategic importance of border regions like West Karun, stating that shared oilfield development is progressing with coordinated planning and targeted approach.

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Latest News of Oil, Gas and Petrochemical industry

LASTEST NEWS Feed Atom

Convergence, collaboration key to sustainable production in petchem industry

Salman field water injection system back in service

The global price of crude oil today, June 30, 2025 / Brent crude oil fell to $67.65

Pakistan okays 50 percent increase in fixed gas charges for domestic consumers

India Navy Launch Rescue Operation After Pulau-Flagged Oil Tanker Catches Fire In Gulf Of Oman

Iran’s fuel demand nearly doubled in early days of Israeli aggression: VP

Gas exports begin from 3rd sweetening train of South Pars phase 14 refinery

MP praises Oil Ministry’s efforts during 12-day war

Ukraine to initiate sanctions against countries that buy Russian oil the most

Package of supporting industries damaged by imposed war sent to cabinet

NIOC: Oil industry did not halt amid threats

TotalEnergies Seeks Exit from Argentine Shale Oil Assets

India’s oil imports from US surged over 270% in first four months of year

IMF forecasts modest growth for Iran’s economy in 2025

Iran launches 4th gas sweetening train at South Pars phase 14 amid regional tensions

World crude oil price today June 27, 2025

Brent crude oil price rose to $68.09 a barrel

China’s Iran oil imports surge in June on rising shipments, teapot demand

India’s oil import from Iran “depends on market factors, prevailing global situation”: MEA

The leader congratulates Iranians on their victory over Israel and U.S.

‘Iran’s surrender’ — A claim far too big for U.S. president to utter

PEDEC: Development of joint oilfields continues strongly