Oil extended gains on Monday, rising more than 3% after China’s move to reopen its borders boosted the outlook for fuel demand and overshadowed global recession concerns.
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The U.S. Department of Energy has rejected the first batch of bids from oil companies to resupply a small amount of oil to the nation’s emergency crude…
The Deputy Petroleum Minister for Planning said according to the needs of the country, Iran must increase its gas production, and for this purpose, 80 billion dollars…
TEHRAN, Jan. 07 (MNA) – South Korea’s Trade Minister Ahn Duk-Geun met with Iran’s envoy to Seoul on Thursday for talks on ways of boosting trade of…
Iranian Minister of Petroleum Javad Owji said a number of unfinished petroleum projects worth $8 billion in total are scheduled to come on stream by the end…
The ruling Taliban has signed a deal with a Chinese company to extract oil from northern Afghanistan’s Amu Darya basin as the radical Islamist group attempts to bolster the South Asian…
Russia is sending more crude oil produced in the Arctic region to China and India, and at steeper discounts, after Europe slammed its doors shut on Russian…
Oil steadied on Thursday in volatile trade after posting the biggest two-day loss for the start of a year in three decades with the shutdown of a…
The Center for Political and International Studies of the Ministry of Foreign Affairs, in cooperation with a number of executive and specialized agencies, including the Ministry of…
The director of the 10th Refinery of the South Pars Gas Complex said by carrying out repairs of critical equipment at the refinery, a stunning reduction in…
The Deputy CEO of Bu Alisina Petrochemical Company announced the final stages of setting up the paraxylene unit in cooperation with Iranian companies, and said: “This unit…
The CEO of the National Petrochemical Company (NPC) stressed that all petrochemical industry activists should bring their abilities to the field to complete its value chain, and…
The CEO of Bandar Imam Petrochemical Company announced the company’s readiness to invest in the optimization and maintenance projects of liquefied gas facilities of the National Iranian…
Iran’s petrochemical output reached 47 million tons in the first 8 months of the current Iranian calendar year which began on March 21.
The…
A methanol-to-synthetic ethanol conversion plant will be built for the first time in the country’s petrochemical industry with the signing of the technology transfer agreement for this…
Russia will allow countries to pay debt settlements for gas supplies in a foreign currency, according to changes made by President Vladimir Putin on Friday to his…
Russian President Vladimir Putin said on Friday that Russia had become one of China’s leading suppliers of oil and gas, with 13.8 billion cubic metres of gas…
During the past year, along with the significant boost in Iran’s energy diplomacy in the region and Latin America, petroleum industry experts have been seriously thinking about…
Since 1998, Iran’s Petroleum Ministry has invested $81 billion in the upstream sector and $30 billion in the downstream sector of Pars Energy Special Economic Zone (PSEEZ)….
Iran’s Petroleum University of Technology (PUT) and the Belarusian State Technological University (BSTU) will sign a memorandum of understanding for cooperation through video conference in the presence…