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HSE remains central to all oil industry operations

3 months ago

30 September 2025

5:11 AM

The CEO of the National Iranian Oil Company marked National Firefighting and Safety Day by highlighting the bravery of the oil industry’s firefighters and emphasizing the importance of health, safety, environment, and employee well-being in all oil sector activities.

World crude oil prices today, September 29, 2025 / Brent oil price fell to $69.70

3 months ago

29 September 2025

8:39 AM

Brent crude futures fell 43 cents, or 0.6 percent, to $69.70 a barrel. U.S. West Texas Intermediate crude fell 49 cents, or 0.8 percent, to $65.23 a barrel.

After sanctions, Indian oil refiner Nayara’s exports find new markets

3 months ago

29 September 2025

5:34 AM

Russia-backed Indian refiner Nayara Energy is exporting oil products through sanctioned tankers and tapping new markets this month as it revives overseas sales in the aftermath of crippling sanctions, LSEG and Kpler shipping data shows.

SP Phase 14 refinery handed over to SPGC

3 months ago

29 September 2025

5:05 AM

The Phase 14 refinery of the South Pars gas field has been handed over to the South Pars Gas Complex (SPGC) as its final operator.

NISOC stresses balancing oil output with environmental safeguards

3 months ago

29 September 2025

4:41 AM

The National Iranian South Oil Company (NISOC) is prioritizing both production continuity and environmental protection, the company’s managing director said.

Khangiran gas field powers eastern Iran with safe overhauls

3 months ago

29 September 2025

4:30 AM

The head of Khangiran operational zone said that despite sandstorms, extreme heat, and even a 12-day war, the workforce carried out more than 170,000 safe work hours of overhauls to prepare the facilities for maximum production in winter.

Annual inflation rises to 37.5% in September

3 months ago

28 September 2025

4:37 AM

Iran’s annual inflation rate reached 37.5 percent in the last month of summer (August 23-September 22), up 1.2 percentage points from the previous month, the Statistical Center of Iran said.

Tehran installs emergency gas vent towers to boost safety

3 months ago

28 September 2025

4:16 AM

The Tehran Gas Company has begun installing emergency gas vent towers in the capital as part of a project to strengthen the city’s resilience to earthquakes and natural disasters.

Oil India discovers natural gas in Andaman shallow offshore block

3 months ago

27 September 2025

8:03 AM

Oil India Ltd has discovered natural gas reserves off the Andaman Islands, the State-owned firm said without putting an estimate of the size of the find.

India signals interest in resuming oil imports from Iran

3 months ago

27 September 2025

7:56 AM

India has imported a large shipment of Iranian crude for the first time in years, raising speculation that New Delhi may be preparing to resume broader purchases despite U.S. sanctions.

Summer gasoline demand in Iran surges to highest level in years

3 months ago

27 September 2025

7:47 AM

Iran’s gasoline consumption hit a record high this summer, totaling about 12.5 billion liters, with an average daily use of 134.3 million liters, according to the National Iranian Oil Products Distribution Company.

World crude oil prices today, September 26, 2025 / Brent oil price rose to $69.63

3 months ago

26 September 2025

7:47 AM

Brent crude rose 21 cents to $69.63 a barrel, while U.S. West Texas Intermediate (WTI) crude rose 32 cents to $65.30 a barrel.

Trump urges Turkey’s Erdogan to stop buying Russian oil

3 months ago

26 September 2025

7:34 AM

U.S. President Donald Trump has pressed Turkish leader Recep Tayyip Erdogan to stop buying Russian oil, signaling that Ankara could gain access to F-35 fighter jets and relief from defense sanctions if it aligns with Washington’s push to isolate Moscow.

India Asks US to Allow Iran Oil to Help Curb Russia Trade

3 months ago

26 September 2025

7:22 AM

Indian officials have again told the Trump administration that a significant reduction in Russian oil imports by the South Asian nation’s refiners would require Washington to instead allow crude purchases from sanctioned suppliers Iran and Venezuela.

World crude oil prices today, September 25, 2025 / Brent oil price fell to $68.82

3 months ago

25 September 2025

9:15 AM

Brent crude futures fell 49 cents, or 0.7 percent, to $68.82 a barrel, while U.S. West Texas Intermediate crude futures fell 54 cents, or 0.8 percent, to $64.45 a barrel.

Iran boosts oil production by 14,000 barrels a day

3 months ago

25 September 2025

8:52 AM

Iran has increased output at the Cheshmeh-Khosh oil field by 14,000 barrels a day after launching a mobile desalting unit, raising total daily production to 114,000 barrels, the head of the Petroleum Engineering and Development Company (PEDEC) said Wednesday.

India May Buy More Oil From US, Says Piyush Goyal

3 months ago

25 September 2025

8:37 AM

Commerce and industry minister Piyush Goyal has indicated that India could buy more oil from the US amid repeated calls from American President Donald Trump for India and China to lower purchase of Russian crude.

World crude oil prices today, September 24, 2025 / Brent oil price rose to $67.66

3 months ago

24 September 2025

8:32 AM

Brent crude futures rose 3 cents to $67.66 a barrel. U.S. West Texas Intermediate crude futures rose 5 cents to $63.46.

‘India close partner of US, but Trump imposed additional tariff for purchasing Russian oil’, says Rubio

3 months ago

24 September 2025

8:17 AM

India is a very close partner of the US, but President Donald Trump has imposed additional tariffs on New Delhi for its purchases of Russian oil as part of actions taken against President Vladimir Putin for the Ukraine war, Secretary of State Marco Rubio has said.

Energy Ministry launches 205 MW of solar plants, starts work on 75 new projects

3 months ago

24 September 2025

8:11 AM

Iranian Energy Ministry inaugurated 205 megawatts of solar power plants and launched construction of another 75 MW across the country on Tuesday, in projects worth more than 84 trillion rials ($168 million), the energy ministry said.

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Latest News of Oil, Gas and Petrochemical industry

TOP NEWS Feed Atom

HSE remains central to all oil industry operations

World crude oil prices today, September 29, 2025 / Brent oil price fell to $69.70

After sanctions, Indian oil refiner Nayara’s exports find new markets

SP Phase 14 refinery handed over to SPGC

NISOC stresses balancing oil output with environmental safeguards

Khangiran gas field powers eastern Iran with safe overhauls

Annual inflation rises to 37.5% in September

Tehran installs emergency gas vent towers to boost safety

Oil India discovers natural gas in Andaman shallow offshore block

India signals interest in resuming oil imports from Iran

Summer gasoline demand in Iran surges to highest level in years

World crude oil prices today, September 26, 2025 / Brent oil price rose to $69.63

Trump urges Turkey’s Erdogan to stop buying Russian oil

India Asks US to Allow Iran Oil to Help Curb Russia Trade

World crude oil prices today, September 25, 2025 / Brent oil price fell to $68.82

Iran boosts oil production by 14,000 barrels a day

India May Buy More Oil From US, Says Piyush Goyal

World crude oil prices today, September 24, 2025 / Brent oil price rose to $67.66

‘India close partner of US, but Trump imposed additional tariff for purchasing Russian oil’, says Rubio

Energy Ministry launches 205 MW of solar plants, starts work on 75 new projects