China Petroleum & Chemical Corp. said its half-year earnings jumped to the highest level on record as refining profits climbed and a rebound in crude prices brought its oil and gas exploration unit closer to breaking even.
News ID: 2179 Publish Date : 2018/08/28
Siemens Canada has received an order from Inter Pipeline Ltd ("Inter Pipeline") to supply two industrial gas turbine generators for a Central Utilities Block (CUB) which is part of its Heartland Petrochemical Complex currently under construction in Alberta's Industrial Heartland near Fort Saskatchewan.
News ID: 2065 Publish Date : 2018/04/11
The National Iranian Drilling Company, a subsidiary of the National Iranian Oil Company, signed a memorandum of understanding on Monday with the Oil Industries Engineering and Construction Company to cooperate in oil and gas development projects.
News ID: 2025 Publish Date : 2018/03/20
Members of parliament on Saturday approved a measure determining the share of the National Development Fund of Iran from all oil and gas export revenues in their latest open session on Saturday to decide on the articles of the fiscal 2018-19 budget law.
News ID: 1950 Publish Date : 2018/02/18
In lines with efforts to boost output in Karoun Oil and Gas Production Company, operations to drill a series of developmental and repair wells have been completed successfully in the last 10 months, managing director of Karoun Oil and Gas Production Company said.
News ID: 1916 Publish Date : 2018/02/09
Pars Petro Zagros Engineering and Services Company has signed a memorandum of understanding with the National Iranian Oil Company to conduct studies on an onshore oilfield in Khuzestan Province.
News ID: 1914 Publish Date : 2018/02/09
A new monthly record on oil tanker traffic in South Pars in Asalouyeh, Bushehr Province, has been registered, which shows a sharp rise in the volume of gas condensate trade.
News ID: 1912 Publish Date : 2018/02/09
National Iranian Oil Company’s Department of Reservoir Management is assessing development proposals submitted for Karanj Oilfield, a reservoir in Khuzestan Province, by Pergas Consortium, a group of international oil and gas companies, and MAPNA Group, an energy and engineering conglomerate.
News ID: 1888 Publish Date : 2018/01/31
Iran is squeezing record volumes of gas from two offshore phases of the giant South Pars Gas Field in the Persian Gulf, as falling temperatures in the next few weeks are expected to drive domestic consumption of the fuel.
News ID: 1866 Publish Date : 2018/01/28
In line with plans to boost liquefied petroleum gas exports, work is underway to build an exclusive loading pier for liquefied petroleum gas, or LPG, at Tombak Port, approximately 50 kilometers north of the port of Asalouyeh in southern Iran, an official at Pars Oil and Gas Company said.
News ID: 1846 Publish Date : 2018/01/23
Iran's landmark gas deal with French energy firm Total is moving ahead, Oil Minister Bijan Namdar Zanganeh said in a statement, lending confidence to the country's biggest energy contract since the lifting of sanctions in Jan. 2016.
News ID: 1831 Publish Date : 2018/01/21
Iran is scheduled to send a new condensate cargo to South Korea this week, signaling a return of oil exports to the East Asian country following the tragic sinking of its previous South Korea-bound shipment.
News ID: 1806 Publish Date : 2018/01/17
An Iranian oil tanker has sunk after burning for more than a week following a collision on Jan. 6 in the East China Sea, Chinese state media said on Sunday, adding that large amounts of oil are burning in the surrounding waters.
News ID: 1798 Publish Date : 2018/01/15
Iran is ready to build the onshore stretch of a major gas pipeline project that would transfer natural gas from the Persian Gulf to Oman south of the Sea of Oman, the chief executive officer of the National Iranian Gas Company said.
News ID: 1797 Publish Date : 2018/01/15
More than 90% of power stations in Iran are running on natural gas as feedstock and concerted efforts are being made to stop using fuels like mazut to generate power by the end of the current fiscal year that ends in March 2018, the managing director of Iran Power Generation, Distribution and Transmission Company, or Tavanir, said.
News ID: 1782 Publish Date : 2018/01/13
In the wake of an Iranian oil tanker's collision in East China Sea, Iranian insurers are to compensate 30% of the costs while the rest would be covered by a Norwegian firm, the president of the Central Insurance of Iran announced.
News ID: 1767 Publish Date : 2018/01/09
China has this year become the world’s second-largest LNG importer after Japan, analysis of shipping data from Reuters Eikon revealed.
News ID: 1741 Publish Date : 2017/12/29
The Trans Adriatic Pipeline taking gas from Azerbaijan to Europe will pump gas into Italy at the start of 2020, despite local protests against the €4.5 billion ($5.3 billion) project, the TAP president said.
News ID: 1722 Publish Date : 2017/12/25
Most lawmakers are against a sudden increase in gasoline prices because it will give rise to an inflationary shock, the deputy chairman of Majlis Energy Commission said.
News ID: 1707 Publish Date : 2017/12/19
Indian refiners imported nearly half as much crude oil from Iran in November as the month before, ship tracking data showed, while South Korea’s imports last month dropped to the lowest level since June.
News ID: 1698 Publish Date : 2017/12/16
