ONGC Seeking to Diversify Assets Amid Iran Gas Row
madaresharghi India’s ONGC Videsh has turned its focus on buying stakes in overseas oil and gas production assets to meet output targets after a delay by Iran in awarding development ...
Shell Bests Big Oil Peers
madaresharghi Royal Dutch Shell plc topped Wall Street forecasts with strong results across the board during the third quarter, perhaps affirming, as its Big Oil peers have done in recent ...
Iran's NDC, French Firm Sign Drilling Agreement
madaresharghi France's Altea Resources signed a memorandum of understanding with the North Drilling Company, a subsidiary of the National Iranian Oil Company, to cooperate in drilling-related operations and services. The ...
Exxon Spending $1b/y on Green Energy
madaresharghi One of the world’s biggest oil companies is pumping more than $1 billion a year into alternative forms of energy from algae engineered to bloom into biofuels and cells ...
Iran Petrochemical Exports Up 13%
madaresharghi Iran's petrochemical exports rose 13% in the first seven months of the current fiscal year (March 21-Oct. 22) compared with the same period of last year, an official at ...
Oil Near 2-Year Highs
madaresharghi Oil prices rose on Friday, nearing their highest levels in more than two years, with buyers attracted by expectations of an extension to a global pact to cut output ...
Iran Expects Crude Output to Reach 4.5 mbpd in Four Years
madaresharghi Iran sees the potential to raise its crude oil production capacity by more than 50% in the long run, while plans are in place to ramp up output to ...
Iraqi forces liberate al-Qaim from Daesh control, PM congratulates troops
madaresharghi Abadi issued a congratulatory statement on Friday, hailing the "liberation of al-Qaim in record time". The advance comes hours after the units from the Iraqi army, Counter-Terrorism Service, Sunni ...
Syria declares victory over Daesh in Deir ez-Zor
madaresharghi The Syrian government declared victory over Daesh terrorist in the eastern city of Deir ez-Zor on Friday, a big blow to the terrorists as their last stronghold in Syria ...
Velayati confers with Lebanon’s Hariri on regional issues
madaresharghi An Iranian official, in a Friday meeting with Lebanese Prime Minister Saad al-Hariri in Beirut, said Iran supports the stability of Lebanon and its government and welcomes its independence”. ...