Oil prices fell around 1% on Friday, pressured by growing worries about fuel demand as a coronavirus epidemic spread further beyond China, and as major crude producers appeared to be in no rush…
Energy
Oman, the biggest Middle East oil producer outside OPEC, awarded France's Total and Thailand's PTTEP rights to explore and develop non-associated gas deposits in the sultanate, which is ramping…
A study undertaken by the Iranian National Standards Organization on gasoline quality between November 2019 and January 2020 indicates the fuel contains acceptable levels of sulfur and other…
Goureh-Jask oil transfer project has registered 25% progress and is expected to be completed by 2022, managing director of the Petroleum Engineering and Development Co., a subsidiary of the…
Equipped with advanced equipment, the National Iranian Drilling Company is able and willing to expand the scale and scope of its activity in offshore and onshore oilfields. The company’s…
Iran's shipping fleet requires at least 40,000 tons of low-sulphur fuels per month to comply with the International Maritime Organization’s new regulations demanding a 0.5% global sulphur cap…
In the past dams were built with the aim of ensuring irrigation, power generation and supplying potable water. But now the attitude towards mega-dams has changed significantly, managing director…
Oil prices changed little Monday as concerns of falling fuel demand caused by the economic fallout from the coronavirus outbreak in China were offset by expectations that output cuts from major…
Decline in electricity output due to high gas consumption in the household sector will have adverse effects on the power export, vice president of Iran Electrical Industry Syndicate said. “…
Gas condensate output from the South Pars Gas Field in the first 10 months (March-Dec 2019) of the currency fiscal year increased by 5% compared to the corresponding period a year ago, managing…
Due to the big increase in liquefied fuel consumption over the last few weeks, the National Iranian Oil Company has stopped selling diesel and mazut on the Iran Energy Exchange, the company’s…
Close to 90,000 kilometers of pipelines in the national water grid are old and dilapidated and must be replaced. The national water network in cities stretches over 155,000 kilometers, of which…
LNG producers are encouraged to cut supply amid the global glut that is helping drive down prices in Asia, or push more volumes to markets beyond Europe, perhaps Latin America.
South Zagros Oil and Gas Production Company, a subsidiary of the National Iranian Oil Company, has manufactured and repaired 1,500 parts used in the oil and gas industry with the help of…
Iran holds the world's second biggest natural gas reserves after Russia. Gas production has surpassed 870 million cubic meters per day and a large number of city and village dwellers are…
Power consumption in Yazd Province with a population of around 1.2 million has risen 57 times over the last four decades, managing director of Yazd Regional Electricity Company said. “…
The United States has granted Iraq a 45-day sanctions waiver enabling the country to continue importing vital Iranian gas and electricity supplies. In a statement Wednesday, the US State…
Tehran Province Gas Company (TPGC) has produced the first portable city gate station (a kind of pressure reducing station) in collaboration with Petro Gas Parsa Company, head of the…
The project to connect Tabriz Petrochemical Company to the West Ethylene Pipeline was officially inaugurated on Thursday in the last and final phase of the major pipeline.
Two petroleum coke production units will be built in Bandar Abbas and Imam Khomeini refineries where 700,000 tons per year of needle and sponge coke for the steel and aluminum industries will be…
Heavy snow in northern Gilan Province in the last few days has killed seven people, blocked roads and cut off electricity to 200,000 subscribers. About 200 villages have no power, many of them…
National Iranian Oil Refining and Distribution Company has launched an initiative to convert 1.4 million gasoline-powered vehicles (pickup trucks, taxis and vans) to compressed natural gas…
Decks 13A and 13C of South Pars Gas Field Phase 13 were loaded at the Iran Marine Industrial Company, also known as SADRA, in Bushehr Province on Monday. The rigs, each weighing 2,500 tons,…
Oil prices rose around 1% on Tuesday in sympathy with a rally in equity markets but investors remained jittery over the Wuhan virus that has now killed over 1,000 in China. Brent crude…
Isfahan Oil Refining Company's wastewater treatment unit has started operations to help address the water problems of the refinery, the managing director said. "The plant, with a capacity of…
