oil and gas
November 29, 2020
PSEEZ companies allocate $9.5m to battle COVID-19 pandemic
TEHRAN – Petrochemical companies of the Pars Special Economic Energy Zone (PSEEZ) in southwestern Iran have allocated 400 billion rials (about $9.5 million) to supply medical......
November 28, 2020
Oil, gas, petchem projects worth over $7.14b inaugurated in 3 provinces
TEHRAN - President Hassan Rouhani inaugurated three oil industry projects worth over 300 trillion rials (about $7.15 billion) in Chaharmahal-Bakhtiari, Khouzestan, and Boushehr provinces,......
November 28, 2020
Solar energy to tackle electricity shortage in remote rural areas
The limitation and difficulty in the way of supplying electricity to the remote rural areas which are hard to reach has been always one of the major challenges in the sustainable development......
November 26, 2020
Daily gas production reaches 900 mcm
TEHRAN - The managing director of the National Iranian Gas Company (NIGC) said the country’s natural gas production has reached 900 million cubic meters (equal to five million......
November 26, 2020
9 new power plants to come on stream by Mar. 2021
TEHRAN – Iranian Energy Minister Reza Ardakanian said that nine new power plants are going to go operational across the country by the end of the current Iranian calendar year......
November 26, 2020
Oil prices rise as vaccine optimism sustains rally despite stockpile gain
TOKYO - Oil rose for the fourth straight session on Wednesday as the market shrugged off an industry report showing U.S. crude stockpiles rose more than expected, extending a rally......
November 25, 2020
National budget bill: how much oil income is forecast?
TEHRAN – Iran’s Planning and Budget Organization (PBO) has handed over the draft of the national budget bill for the next Iranian calendar year (starts on March 21, 2021)......
November 25, 2020
Aker BP and Cognite Pioneer Robotics Deployment Offshore to Transform Oil and Gas Industry with Autonomous Mission
Cognite a global industrial AI software-as-a-service (SaaS) company supporting the full-scale digital transformation of heavy-asset industries around the world, has partnered with fully-fledged exploration and production......
November 23, 2020
Indonesia to study Iran's proposal to build oil refinery
TEHRAN, Nov. 22 (MNA) – Indonesia will study a proposal from Iran to build an oil refinery, as it seeks to expand its oil refining capacity by 500,000 barrels per day (bpd) in......
November 19, 2020
Iran exports 1st cargo from Bid Boland refinery
TEHRAN – Iran’s Persian Gulf Bid Boland Gas Refinery, which started operating recently, has exported its first cargo of products, Shana reported on Wednesday. The destination......
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