TEHRAN (Shana) -- Iranian President Hassan Rouhani officially inaugurated three petrochemical projects in Asaluyeh, southern Iran. The...

TEHRAN (Shana) -- Phase I of Damavand Petrochemical Utility Plant, to be officially launched on Tuesday, September 04, generates 648 megawatts of powe...

TEHRAN (Shana) -- Iran is to launch Phase III of Pardis Petrochemical Plant which accounts for 65 percent of the country's ammonia and urea export...

TEHRAN (Shana) -- The National Iranian South Oil Company (NISOC) is to sign two contracts, totally valued at $1.2 billion, with the Persian Gulf Petro...

TEHRAN (Shana) -- Iran holds about 67 billion barrels of oil in place in the jointly owned oil fields in the West Karoun area. Until 2013, Iran was ex...

Rovuma LNG onshore liquefaction trains supplied by the offshore gas fields of Area 4 Area 4 negotiating Rovuma LNG sales and purchase agreements F...

Includes Federal Oil brand, distribution network and blending plant Strengthens ExxonMobil’s lubricant business and Mobil brand in fast-growin...

Two liquefied natural gas trains will each produce 7.6 million tons per year LNG production expected to commence in 2024 Marketing and financing n...

Hammerhead-1 well encounters 197 feet of high-quality, oil-bearing sandstone Discovery adds to estimated resource of more than 4 billion barrels M...

Equinor and Petrobras have completed their transaction announced in December 2017, whereby Equinor has acquired a 25% non-operated interest in the Ron...

Equinor has reached agreement to buy 100% of the shares in Danish energy trading company Danske Commodities (DC) for EUR 400 million, with smaller con...

How a visit to a shopping centre led to the use of virtual reality safety training for a new oil production project, Malikai, in the deep waters off S...