For the second consecutive week, gas prices have gone up. The national average has climbed 11.1 cents from last week to $3.78 per gallon, according to GasBuddy.
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Energy consumption will increase by about 50% by 2050, according to the US Energy Information Administration, while renewable energy production will increase by nearly 150%.
The Iranian Oil Minister said that Iran’s crude oil exports are being carried out without any problems to the target markets.
Javad Owji stated…
A new study by University of Michigan researchers published in the academic journal Science suggests that flaring at U.S. oil and gas facilities releases five times more methane than…
Iranian Oil Minister Javad Oji said that the country’s crude oil exports to the target markets are being carried out without any problems.
“Fortunately,…
Oil and Gas stocks were trading in the positive zone, with the S&P BSE Oil&Gas index rising 197.95 points or 1.07% at 18757.06 at 09:45 IST.
The Haiji-1 deepwater jacket measures 340.5 metres in total height and over 40,000 tonnes in weight, and this is the first time for China to install a…
The UK will soon offer new licenses to explore areas of its seabed for oil and gas, but even if the drilling is successful it probably won’t…
Alberta’s fuel tax has been partially reinstated to gas stations across the province, as oil dipped below $90 a barrel for West Texas Intermediate.
Oil Minister Javad Oji has said 260 trillion rials (about $902.9 million) has been allocated for the implementation of the National Iranian Gas Company (NIGC)’s priority projects…
Favourable geology, open data access, supporting policy regime and ease of doing business were the major drivers to attract potential US players to invest in India’s energy…
Iran has been selected as the head of the Energy Economics and Forecasting Department of the Gas Exporting Countries Forum, known as GECF.
Mohammad…
The demand for petrochemical products is expected to increase across a number of end-use industries, including automotive, aerospace, healthcare, building & construction, agriculture, consumer & industrial goods,…
Iranian Petroleum Minister said that country’s exports of crude oil and gas condensate to the target markets are ongoing incessantly despite the US sanctions.
The CEO of the National Iranian Gas Company (NIGC) said gas supply to the country’s major industrial units, including steel, cement and petrochemicals, has increased by 13%…
Iranian Minister of Petroleum Javad Owji voiced Iran’s preparedness to cooperate with Japanese companies in the field on energy, and said: “Iran can play an important role…
The 33rd meeting of the Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, will be held in Vienna on Wednesday, October 5.
“Petrochemical Industry Self-Sufficiency Center” was launched with the aim of making maximum use of all scientific and research capacities of the country in the development of the…
The 22nd International Industry Exhibition of Iran kicked off on Saturday at the Tehran Permanent International Fairgrounds, IRNA reported.
As reported, 426 domestic and…
Gholamreza Bahman-Nia, head of the National Iranian Gas Company (NIGC)’s Health, Safety and Environment (HSE) department has said his company is following a comprehensive plan for reducing…