madaresharghi Oil prices rose on Wednesday as industry data showed a larger-than-expected drawdown in US crude stockpiles, while expectations for an extended shutdown of a major North Sea crude pipeline ...

madaresharghi The Research Institute of Petroleum Industry signed a memorandum of understanding with Beicip-Franlab to draw on the French company's expertise to develop Homa Gas Field in the south of ...

madaresharghi Saudi Arabian Oil Company is asking banks to pitch for roles as coordinators and book-runners on its initial public offering, people familiar with the matter said, as the state-owned ...

madaresharghi Oil Minister Bijan Namdar Zanganeh called on China's private sector on Tuesday to invest in Iran's oil industry. He made the statement in a meeting with a Chinese delegation ...

madaresharghi Iran's petrochemical output crossed 35 million tons in eight months, as the country faces a steep climb toward its petrochemical output target for the fiscal 2017-18. According to NIPNA, ...

madaresharghi Iran produced 3.81 million barrels of crude oil per day in November, down 2,200 barrels compared with the previous month, OPEC's calculations showed on Wednesday. That is the second ...

madaresharghi Top US federal energy analysts lowered their estimates for oil demand growth in 2018 by 40,000 barrels per day, according to the Energy Information Administration’s newest monthly forecast. Still, ...

madaresharghi Oil rose above $65 a barrel for the first time since mid-2015 on Tuesday after a shutdown of the UK’s biggest North Sea oil pipeline, which helps set the ...

madaresharghi Over 90% of regions in Tehran Province are supplied with Euro-4 quality gasoline and diesel, the managing director of Tehran's National Iranian Oil Distribution Company said. According to Keramat ...

madaresharghi Operations for the loading and export of gas condensate at Iran's southern port of Asalouyeh in the Persian Gulf are underway at a faster pace, thanks to offshore infrastructure ...