News Categories

Iraq to Award Gas Exploration Contracts

24 January 2020 - 19:22
As it struggles with its energy needs, Iraq is set to hold a fifth bidding round for exploration and development of natural gas fields in an eastern province of the country.

China to sign US trade deal next week: Update

9 January 2020 - 16:51
Chinese government officials will visit Washington next week to sign a "phase one" trade deal with the US, China's commerce ministry said today.

Gas Price Rise Makes Road Transport More Attractive

8 January 2020 - 18:02
The number of passengers using road-based public transport services has increased to 100 million in the nine Iranian months ending Dec. 21 from 92 million during last year’s corresponding period, says an official with Iran Road Maintenance and Transportation Organization.

Asaluyeh Power Plant Steam Unit Ready by Spring

5 January 2020 - 19:00
Construction of the first steam unit of Asaluyeh Combined-Cycle Power Plant has made 90% progress and is planned to come online by March.

Iran’s Expansion of CNG Network Helping LPG Exports

1 January 2020 - 18:38
Iran’s revenues from liquefied petroleum gas (LPG) is significantly rising as the country has addressed the domestic need to energy with linking homes and industries to the natural gas network.

Last Platform of South Pars Phase 14 Loaded

30 December 2019 - 17:48
The last offshore platform belonging to Phase 14 of the South Pars Gas Field was loaded at the yard of Iran Marine Industrial Company (SADRA).

Viewpoint: VLGC owners upbeat on 2020

30 December 2019 - 16:36
Owners of very large gas carriers (VLGCs) are upbeat about 2020, with the market in a recovery period. But, new International Maritime Organisation (IMO) regulations on bunker fuels may restrain freight rates and profits.

NIDC Drills 88 Wells since March

28 December 2019 - 19:03
The National Iranian Drilling Company (NIDC) has completed drilling operations on 88 oil and gas wells over the first 9 months of the current calendar year, which began on March 21.

Iran’s Oil, Gas Industries Progressing Steadily

27 December 2019 - 19:32
Tehran is considerably advancing its development policies in the oil and gas industries, as the National Iranian Drilling Company (NIDC) announced that it has successfully completed drilling operations of 88 oil and gas wells over the first 9 months of the current local calendar year (March 21-December 22).

Viewpoint: Permian gas prices may fall in early 2020

27 December 2019 - 18:07
Natural gas prices in the Permian basin will likely decrease in the first half of 2020, Argus forward curve data suggest, despite an expected slowdown in production growth.
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