Kermanshah Petrochemical Industries Company’s development program will get a fresh impetus with €287 million in loans.
Energy
India can probably do without importing Iranian crude oil, the chairman of a Switzerland-based think tank told Times of India on Wednesday, but warned that the trade wars and tariffs are more…
The possibility of gasoline rationing that ended in 2015 now seems very likley, Oil Minister Bijan Namdar Zanganeh said. “The government does not intend to increase prices at the pumps. However…
Italian oil services company Saipem is committed to Saudi Arabia and plans to take part in a series of tenders in the country, its chief executive said on Wednesday.
Crude production from Khesht Oilfield in Fars Province will commence by the end of the current fiscal in March, said the head of the department that oversees the performance of reservoirs…
Crude oil prices dropped on Monday on expectations that The Organization of the Petroleum Exporting Countries (OPEC) production would remain high, stoking worries of oversupply despite declining…
Intensifying its anti-Iran campaign, the United States warned Russia to not even consider helping Tehran to evade the US sanctions on Tehran’s oil, a senior US administration official said. “…
Iraq is fast becoming a global oil powerhouse, gaining stature in OPEC after it surpassed Canada this year as the world’s fourth-biggest producer. But the war-ravaged country has little to show…
Exporting raw materials cannot be considered a wise and sustainable economic strategy in today’s highly competitive world and it is high time decision-makers look more closely at value-…
Feasibility studies to produce olefin in Fanavaran Petrochemical Company in Khuzestan Province are underway as planned, the CEO of Tamin Oil, Gas and Petrochemical Investment Company (Tapico)…
Persian Gulf Star Refinery in the port city of Bandar Abbas in Hormozgan Province has begun production of gasoline compliant with Euro-5 standards, managing director of the company said. "The…
Investments in Iraq's electricity sector are expected to accelerate in the coming years and Iran’s private sector should have a bigger share of the neighboring country’s market, said a member of…
Iran’s oil output cannot be replaced by other producing countries if Tehran is hit by sanctions by the United States in November, Oil Minister Bijan Namdar Zanganeh told the ministry’s website…
International Energy Agency chief Fatih Birol said Monday he is not worried Saudi Arabia will cut oil supply in response to any potential sanctions over the killing of journalist Jamal Khashoggi…
Saudi Arabia has no intention of unleashing a 1973-style oil embargo on western consumers and will isolate oil from politics, the Saudi energy minister said Monday amid a worsening crisis over…
With abundance of wind, Zabol in Sistan-Baluchestan Province has great potential for producing impressive volumes of electricity with wind turbines, Mahmoud Owkati, chancellor of the University…
Advanced knowhow for producing special water filters used in seawater desalination will be shared with Iran and assorted membrane filters required for water filtration systems will be…
An oil refinery built by Azerbaijan on Turkey's Aegean coast went into operation on Friday amid hope of helping Ankara cut dependence on foreign refined oil products. President Recep Tayyip…
Oil prices at $80 a barrel are too high and unhealthy for the world today, Bob Dudley, the chief executive of British multinational oil and gas company BP, said Friday.
Iraqi Oil Minister Jabar al-Luaibi has reversed his decision to transfer the ownership of nine state-owned oil companies from the ministry to the newly formed Iraq National Oil Company, the…
China wants to launch a world-first ‘man-made moon’ over the southwestern city of Chengdu by 2020 to help illuminate the city at night. If the first artificial moon experiment is successful,…
Talks are underway to buy shares in refineries of other countries to help the country secure its international oil market share, National Iranian Oil Company's managing director said.
Work is in progress to develop new phases in combined-cycle power plants as part of the blueprint to meet the country's growing electricity demand.
One million energy-intensive households and commercial units in Tehran will be equipped with smart electricity meters in the second phase of the National Smart Metering Program (known as Faham…
The Society of Iranian Petroleum Industry Equipment Manufacturers is inviting small and medium enterprises (SMEs) in the energy sector to attend a Tehran seminar and discuss with Iranian…
