Poles Looking to Extract Crude in Kermanshah
madaresharghi The National Iranian Oil Company is studying the development proposal of Poland’s PGNiG for Sumar Oilfield in western Iran. Karim Zobeidi, NIOC's deputy director for planning, is leading a team ...
Big Data Could Bring Upside to Renewables Investors
madaresharghi Technology and big data will change how electric grids are organized and water is transported, creating upside for sustainable investors that may not be priced in today, said a ...
Gazprom Speaks Out Against OPEC Output Cut Extension
madaresharghi While OPEC is said to be mostly leaning toward a nine-month extension of the production cuts, Russia’s Energy Minister Alexander Novak and major Russian oil companies discussed last week ...
India Eyes Venezuelan Oil Import
madaresharghi Indian Oil Corp is considering buying Venezuelan crude for the first time in at least six years, in a move that could help the crisis-struck South American nation settle ...
Brent Steady at $62
madaresharghi Oil prices rose on Tuesday as traders looked to a meeting next week at which major crude exporters are expected to extend production cuts, though rising US output capped ...
Iran Gasoline Demand at 81 ml/d
madaresharghi Gasoline consumption in the first eight months of the current fiscal year (ending on March 21) reached an average of 81 million liters per day, an increase of nearly ...
European Union Holds Energy Talks in Tehran
madaresharghi Tehran and top energy officials from the European Union explored ways of expanding energy cooperation on the sidelines of a joint convention in Tehran on Monday. The two sides ...
ADNOC to Venture Into Privatization, Partnerships
madaresharghi Abu Dhabi National Oil Company, or ADNOC, has embarked on a major shakeup plan to privatize its services businesses, venture into oil trading and expand partnerships with strategic investors, ...
Top Gas Exporters Convene in Bolivia
madaresharghi Top officials of major gas producing countries gathering this week in Bolivia will face a harsh reality: Expanding supplies of the fuel are giving global buyers greater sway over ...
German Firm, RIPI Sign Technology Transfer MoU
madaresharghi Germany’s Raschig GmbH has signed a memorandum of understanding with Iran’s Research Institute of Petroleum Industry on transfer of technology to Iran’s oil, gas and petrochemical industries. Michael Schultes, ...