The first vice president said: “Tehran is ready to expand its cooperation with Beijing in various sectors such as energy, transit and joint production.”
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The CEO of the National Iranian Oil Company (NIOC) announced the company’s plan to increase the country’s gas production capacity by 500 million cubic meters per day…
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…
The director of strategy and infrastructure of product development, technology and innovation of the Persian Gulf Petrochemical Industries Company (PGPIC) said the firm has about $15 billion…
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…
Ilam Petrochemical Company saved Iran $6 million by successfully testing the catalyst made by the Petrochemical Research and Technology Company (PRTC) in its high-density polyethylene unit.
Gas production of the Iranian Offshore Oil Company (IOOC) increased by 30 to 35 million cubic feet per day (mcf/d) by exploiting a project to enhance gas…
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…
The CEO of the National Petrochemical Company (NPC) emphasized the importance of sustainable energy supply and production management in the petrochemical industry, saying: “We are trying to…
Iran’s thermal power plants’ electricity generation capacity has reached 73,000 megawatts (MW), an official with the country’s Thermal Power Plants Holding Company (TPPH) announced.
Australia has proposed forcing east coast gas producers to fix their sales contracts based on their cost of production plus an agreed profit margin after a one-year…
Referring to the measures taken in South Pars Gas Field and other fields to increase natural gas output rate, CEO of National Iranian Oil Company said that…
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…
As recent events, including threats to energy supply in Europe and uncertainty about commodity prices, have led the majority of oil and gas companies to increase their…
Beijing and Riyadh say they will ‘firmly support each other’s core interests’ during an official visit by President Xi Jinping to the kingdom.
Saudi…
Head of National Petrochemical Company (NPC) Morteza Shah-Mirzaei said on Thursday that Russian petrochemical plants are currently using Iran-made catalysts and they have placed new orders to…