Economy
Increase in Electricity Generation Demand from Natural Gas to 33.8 Bcf/d
Electricity generation demand from natural gas is expected to reach 33.8 billion cubic feet per day next winter, which i...
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Oil and Petrochemicals
Aramco Ready to Resume Oil Exports from Yanbu Port on the Red Sea
Saudi Aramco has informed Asian refineries that they will soon be able to extract oil from the Yanbu port on the Red Sea...
Technology
Alimorad Rashidi Receives Global WIPO Award
Alimorad Rashidi received the global WIPO award for his achievements in the development of carbon nanostructures in the...
Technology
Farzaneh Ansari Considered the Development of a Comprehensive Standardization Program for the Energy Sector Essential
Farzaneh Ansari emphasized the importance of standardizing equipment in the energy sector during a meeting with the mana...
Oil and Petrochemicals
National Iranian Oil Company to Begin Early Gas Production from Pazan Field
National Iranian Oil Company is ready to commence early gas production from the Pazan field following the discovery of n...
Oil and Petrochemicals
Natural Gas Futures Prices Drop as Storage Season Begins
Natural gas futures prices fell on Monday due to a drop in temperatures and the start of annual maintenance at the Cove...
Economy
Baltic Dry Index Increases by 29 Points to 3399
The Baltic Dry Index rose by 29 points to reach 3399. This index examines the prices of shipping bulk goods such as coal...
Exclusive Report
Decrease in LNG Demand in Asia Due to Supply Crisis
LNG demand in Asia has decreased for the second consecutive year, primarily due to supply constraints from Gulf producer...
Oil and Petrochemicals
The reduction of production downtime at South Pars platforms resulted in a savings of $5 million
The reduction of repair time for the gas platforms at the South Pars joint field, with the establishment of a specialize...
Oil and Petrochemicals
President's Appreciation of the Ministry of Oil for Positive Performance
The Ministry of Oil was praised by the President for achieving second place in the evaluation and performance monitoring...
Technology
National Iranian Oil Company Develops the Knowledge-to-Production Chain
The National Iranian Oil Company aims to increase productivity and improve production in oil fields by defining 22 techn...
Oil and Petrochemicals
Increase in Oil Transportation Rates Following Houthi Threats in Bab al-Mandab Strait
Major oil carriers have avoided the Bab al-Mandab Strait due to Houthi threats, leading to an increase in transportation...