The Director of Development and Engineering Affairs of the National Iranian Oil Company (NIOC) emphasized that the era of crude oil has not ended and that this…
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Tabriz Petrochemical Company (TPC) has launched a polypropylene unit with an annual capacity of 30,000 tons with $20 million of investment, which will undoubtedly increase the company’s…
The former director of international affairs of the National Iranian Oil Company (NIOC) said when the memorandums between Tehran and Moscow become contracts, other countries, such as…
An Iranian petrochemical consortium has started operations to develop gas fields in the country, said the Secretary General of the Petrochemical Industry Employers Association.
Iranian Minister of Petroleum Javad Owji voiced the Iranian Ministry of Petroleum’s all-out support for the completion of the petrochemical value chain.
Addressing a…
Iran’s petrochemical industry will rake in millions of dollars once new petrochemical compounds come online in the country by 2025, which will dwarf revenues from export of…
The CEO of the Iranian Offshore Oil Company (IOOC) said his company is in talks with several knowledge-based companies (KBCs) to entrust them with the drilling operations…
Pars Oil and Gas Company (POGC) is planning to spud 35 new wells in the supergiant South Pars gas field to enhance and maintain gas production in…
At least 15 people were killed in the attacks. According to Lebanese media, the attacks were carried out by Israel which has a history of attacking civilian…
A commercial spat over natural gas has escalated to a diplomatic tussle between Berlin and New Delhi as Europe’s energy crunch takes a growing toll on the…
Türkiye and Algeria will be establishing a joint oil and natural gas exploration company, Energy and Natural Resources Minister Fatih Dönmez announced on Thursday.
Oil prices fell further on Thursday amid growing concerns over a slowdown in global economic growth, with focus now turning to upcoming U.S. inflation data that is…
Gas and diesel prices will remain elevated regardless of the 2022 midterm election results, according to an industry analyst.
“No matter tonight’s election results:…
Tehran, IRNA – Managing director of the National Iranian Oil Company (NIOC) said based on a 1-billion-dollar investment development of Sohrab Oil Field in Khuzestan province will…
Iran has signed an MoU worth about $40b with the Russian majority state-owned multinational energy corporation ‘Gazprom’, Iranian Petroleum Minister Javad Owji said.
The CEO of the National Iranian South Oil Company (NISOC) said the company is planning to bring its daily production capacity to 3.28 million cubic meters by…
The CEO of the National Petrochemical Company announced the interaction and cooperation between National Iranian Oil Company (NIOC) and National Iranian Gas Company (NIGC) in order to…
The integrated planning director of the National Iranian Oil Company (NIOC) said by applying EOR and IOR methods the country’s petroleum production could increase by 15 to…
The director of monitoring oil and gas production of the National Iranian Oil Company said: “Soon the contract to enhance recovery of oil and gas wells will…
The CEO of the National Iranian Gas Company (NIGC) announced the start of negotiations between Iran and Iraq regarding the continuation of gas exports to the latter.