The Dispatching Director of Iran National Gas Company emphasized the important and decisive role of the 42-inch Rasht-Chalund gas transmission line in gas exchange with the Republic…
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Iran, as a founding member of OPEC, would definitely continue its constructive interaction with the OPEC and would effectively support the new Secretary General as well as…
OPEC+ is set to raise its oil output goal by 100,000 barrels per day, an amount analysts said was a setback to U.S. President Joe Biden after…
Oil prices are proving resilient to global economic recession fears and have outperformed major equity indices and the U.S. dollar so far this year as Western sanctions…
Customs statistics show that Iran has exported 116 million liters of gasoline worth 32 million dollars during the first month of the current Iranian calendar year.
Stating that the Chabahar Port is the commercial transit centre for the region, India’s Minister of Ports, Shipping and Waterways said that it is going to be…
The OPEC+ group produced almost 3 million barrels per day less crude than foreseen by its quotas in June as sanctions on some members and low investment…
An expert in energy economics considered the oil industry to be the most attractive area of investment in Iran, and said: “We hope that the agreement with…
The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) voiced the holding’s readiness to cooperate with German companies that excel in chemistry and petrochemical industry.
Russia tightened its gas squeeze on Europe on Monday as Gazprom (GAZP.MM) said supplies through the Nord Stream 1 pipeline to Germany would drop to…
Di Aria Polymer (Khomein Petrochemical Plant) was officially inaugurated in the presence of Deputy Minister of Petroleum and the CEO of National Petrochemical Company.
Iran is planning to export some 400 megawatts of electricity to Iraq in five years, the Iraqi energy ministry announced.
The ministry, however, said…
Mexico’s government will hold frank and open discussions to resolve a dispute with the United States and Canada over Mexican energy policies that they argue breaches a…
The Chief Executive of National Iranian Oil Company (NIOC) announced that three other phases of Refinery 14 of South Pars Gas Field will be put into operation,…
Energy Minister Ali Akbar Mehrabian underlined on Tuesday that Iran is the top producer of electricity in West Asia, and said Tehran is planning on inking long-term…
Suncor Energy Inc (SU.TO), said on Monday it had added three new independent directors and would review a possible sale of its retail gas…
Canada on Monday launched consultations on a plan to cap and cut greenhouse gases from the oil and gas sector, its largest and fastest-growing source of emissions,…
Europe has surpassed Asia to become the top consumer of American oil for the first time in six years.
From January to May this…
Stating that Iran is among world’s top 10 countries in science and technology terms, Deputy Foreign Minister for Economic Diplomacy said that exports to Central Asian, Caucasus,…
The United States and Saudi Arabia signed 18 partnership agreements in fields including energy, communications, space and healthcare during a visit by U.S. President Joe Biden, Saudi…