Pars Oil and Gas Company (POGC) is planning to invest $2 million in a project for laboratory modeling of corrosion together with a knowledge-based company.
OIL Feed Atom
The Iraqi Ministry of Oil has issued a circular to all Iraqi companies announcing the readiness of Iranian specialized companies to participate in Iraq’s oil and gas…
The Kremlin said on Friday it was finalising the last details of how it would respond to the West’s imposition of a price cap on Russia’s oil…
Oil fell almost 3% on Friday as the market assessed the aftermath of interest rates hikes by central banks, but was still poised for a weekly gain…
Iran’s average oil production in the third quarter of 2022 stood at 2.566 million barrels per day (bpd), 11,000 bpd more than the figure for the second…
The CEO of Iran Oil Terminals Company announced plans to increase crude oil storage capacity by 4,200,000 barrels at Khark Oil Terminal.
According…
West Asia’s largest distillation unit has gone operational in Iran’s Abadan Refinery with a capacity of 210,000 barrels per day (bpd), the managing director of the National…
During the 29th meeting of the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA)’s Energy and Environment Committee which was held in Tehran on Wednesday, the…
The Iranian Minister of Petroleum said: During the visit of the Deputy Prime Minister of China and the accompanying delegation to Iran, good agreements and understandings were…
Figures by the U.S. Energy Information Administration (EIA) show that Iran earned about $34 billion in oil exports revenues in the seven months to July 2022.
The Iranian Ministry of Petroleum and the Iran Radiation Application Development Company signed a memorandum of understanding for technological cooperation and the utilization of radiation in the…
The first vice president said: “Tehran is ready to expand its cooperation with Beijing in various sectors such as energy, transit and joint production.”
The CEO of the National Iranian Oil Engineering and Construction Company announced the implementation of the largest distillation unit in the Middle East with a capacity of…
The Iranian Minister of Economy and Finance said executive measures have been placed on the agenda of the Iran-China Comprehensive Cooperation Program meeting in the field of…
In this article, we will take a look at 15 countries that produce the most oil in the world.
Crude oil, also known as…
Libya is producing about 1.2 million barrels per day of oil, oil minister Mohamed Oun told reporters on the sidelines of an OAPEC meeting on Monday.
Oil prices steadied on Monday after several weeks of declines as a weakening global economy offset supply woes stemming from the closure of a key pipeline supplying…
President Xi has called on Arab leaders to use yuan in their oil and gas trades with the country, a move that would support China’s goal to…
The Declaration of Cooperation (DoC) between OPEC Member Countries and 10 non-OPEC oil-producing countries turned six today, December 10 2022.
On this day in…
Kazakh President Kassym-Jomart Tokayev has called for improvement of interaction between Iran and the Eurasian Economic Union (EAEU).
Speaking at the Friday Summit of…