The new offshore pipeline of Phase 16 of the South Pars (SP) gas field was officially put into operation in the Persian Gulf waters by the order of Oil Minister Javad Owji issued via videoconference on Tuesday.
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Shastan Trading Investment Company, a major holding with many subsidiaries active in oil, gas, refining and petrochemical fields, was accepted in the Tehran Stock Exchange (TSE), which is Iran’s main stock exchange, on Monday, the Public Relations Department of TSE reported.
Seven processing units of Abadan Refinery, southern Iran, will be put into operation by the end of winter 2024, the National Iranian Oil Engineering and Construction Company (NIOEC) managing director said on Monday.
The spot price of liquefied natural gas (LNG) is continuing to meander at low levels amid ample supply from major exporters and signs that winter demand is easing in the top-importing regions of Asia and Europe.
UK banks have provided bank accounts to holding companies linked to a state-backed Iranian petrochemicals company which has been under western sanctions since 2018, according to claims and reports.
India has set in motion a building blitz at its oil refineries to raise production of traditional transport fuels.
Iran asserts that the U.S. threat to re-impose sanctions on Venezuela’s oil industry is illegal under international law and the UN Charter.
The U.S. Department of Justice (DOJ) on Friday announced terrorism and sanctions-evasion charges and seizures linked to a billion-dollar oil trafficking network that it claims finances Iran’s elite Islamic Revolutionary Guard Corps (IRGC).
India has proposed to supply liquefied natural gas (LNG) to Sri Lanka to help the island nation produce power from its Yughadhanavi and Sobhadabavi power plants, Sri Lanka's Energy Minister said on Thursday.
Canada's main stock index rose on Thursday as encouraging U.S. manufacturing data helped revive investor optimism after markets were spooked in the previous session by the Federal Reserve's interest rate guidance.
The head of Iran’s National Petrochemical Company (NPC) has said 95 percent of the catalysts used in the country’s oil industry are produced by domestic companies, Mehr News Agency reported.
The 52nd Meeting of the Joint Ministerial Monitoring Committee (JMMC) took place via videoconference on Thursday.
Iran’s President Seyyed Ebrahim Raeisi on Wednesday assigned the oil and energy minister to form specialized working groups to redress energy imbalance.
The National Productivity Organization of Iran head said the country looks to the oil industry – the industry of work and efforts – for economic growth.
Spain can produce around 2.5 million tonnes of green hydrogen per year and reach a 23.3 gigawatt electrolysis capacity by 2030, Arturo Gonzalo, the CEO of Spanish gas grid operator said
A reimposition of U.S. sanctions on Venezuela's oil and gas sectors would hurt the OPEC country's ability to collect cash from its oil exports, crimp new energy investments and raise the risks of domestic fuel scarcity, analysts and executives said.
Iran’s oil minister said contracts for implementing eight projects worth $14 billion in joint oil and gas fields will be signed during the Ten-Day Dawn (February 1-11, marking the 45th anniversary of the victory of the Islamic Revolution).
Canada's Trans Mountain said on Monday that it had run into technical issues and faces new delays as it tries to complete the final part of expanding its oil export pipeline.
India's Adani Total Gas reported a nearly 18% rise in its third-quarter profit on Tuesday, boosted by strong sales of its compressed natural gas (CNG).
The managing director of National Iranian Gas Company (NIGC) has said 3,605 gas supply and network development projects are going to go operational during the Ten-Day Dawn (Feb. 1-11 which marks the 45th anniversary of the Islamic Revolution), Shana reported.