Iran's Minister of Oil on Monday announced that three projects of the Ministry were inaugurated with a total investment of 4.7 billion euros. Bijan Namdar Zanganeh made the remarks during ...

Platform 13C, the third platform of Phase 13 of Iran’s South Pars Gas Field’s development project, officially started sending gas to the refinery, Pars Oil and Gas Company (POGC) which ...

Iraq’s total oil exports for July averaged 2.763mbd, the Oil Ministry said in a statement. The exports included 2.668mbd from its southern Basra oilfields, it said, adding that total exports ...

OPEC and allies such as Russia will ease record oil supply curbs from August as the global economy slowly recovers from the coronavirus pandemic, Saudi Energy Minister Prince Abdulaziz bin ...

Iranian Oil Minister Bijan Namdar Zangeneh and his Iraqi counterpart Ihsan Abdul Jabbar discussed ways to promote cooperation between the two neighbors in the oil industry. In a telephone conversation, ...

ig Oil emerged from first-quarter earnings battered and bruised, but things are only going to get uglier. Major oil and gas producers from Norway to the US saw profit plunge ...

Consulting firm IHS Markit expects oil demand in the second quarter of 2020 to be 22 million barrels per day less than a year ago. This collapse in demand combined ...

The spokesman of the Petroleum Products Exporters Union, Seyyed Hamid Hosseini announced that Iran purchases Iraqi goods in exchange for exporting electricity to Iraq. Seyyed Hamid Hosseini Speaking to ILNA ...

Oil prices rose about 2 per cent on Friday and were on course for a second consecutive week of gains as US producers rapidly shut crude production and more states ...

Moving sulfur from refineries to storage facilities and keeping it in open-air spaces are among the polluting sources in Asalouyeh, Bushehr Province. It has contaminated the air and soil, the ...