With the commissioning of the Abadan oil refinery development plan, for the first time in the Middle East, the largest crude oil vacuum and atmospheric distillationun its,…
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Under the 7th National Economic Development Plan, Iran is required to reduce crude oil and natural gas sales by developing the value chain and bring its oil…
Over recent years, Iran’s oil industry has enjoyed significant acceleration and progress in the exploitation of projects. By briefly reviewing the development process of the remaining phases…
CEO of National Iranian Oil Company (NIOC) Mohsen Khojasteh-Mehr recently told a conference on oil and gas wells enhance recovery that $2.5 billion had been invested in…
The CEO of Ilam Gas Refining Company announced a 9% increase in output and a 16% rise in sales of the company’s items in the first nine…
The CEO of Fajr Jam Gas Refining Company, referring to the cold season of the year and the stability of production in this company, stated: “In the…
Group of Seven officials have agreed to review the level of the price cap on exports of Russian oil in March, later than originally planned in order…
The CEO of Gachsaran Oil and Gas Production Company stated in recent days, with the initiatives that were taken, “we managed to add 6.5 million cubic meters…
Renewable energy is likely to eventually overtake Fortescue Metals Group’s (FMG.AX)iron ore business, despite strong tailwinds for the commodity ahead, the company’s former chief executive officer Elizabeth Gaines…
Oil rose on Friday and was heading for a second straight weekly gain, spurred largely by brightening economic prospects for China and resulting expectations of a boost…
Saudi Arabia’s crude oil exports fell to a five-month low in November, while production also slipped, data from the Joint Organisations Data Initiative (JODI) showed on Thursday.
Oil futures rose slightly on Thursday, recouping losses from earlier in the session as an expected rise in Chinese demand and further restrictions on Russian exports suggested…
Iranian Minister of Petroleum Javad Owji said: “In these days, the highest amount of gas recovery from independent and joint gas fields was set, which is a…
Latest figures by the Organization of the Petroleum Exporting Countries (OPEC) show that Iran’s crude oil prices rose by an average of over $30 per barrel year…
Iranian Minister of Petroleum Javad Owji emphasized that the national gas distribution network is stable throughout the country.
Javad Owji, in a televised interview,…
The CEO of Masjid Soleyman Petrochemical Plant announced plans to increase the production capacity of this complex by 10 to 15%.
Mehdi Mohammadi told…
Oil prices rose to their highest in two weeks on Tuesday after China posted weak but expectation-beating annual economic growth data and on hopes that a recent shift in…
OPEC said on Tuesday Chinese oil demand would rebound this year due to relaxation of the country’s COVID-19 curbs and drive global growth, and sounded an optimistic…
The CEO of Shahid Hasheminejad Gas Refinery announced the increase in gas production of the refinery by 3 million cubic meters per day despite the persistence of…
The CEO of Salman Farsi Petrochemical Project said the progress of this strategic and important project, which is being carried out for the first time in the…