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Iran draws up gas field development plan after Saudi-Kuwaiti move
Mar 28, 2022 11:30An official says Iran has worked out a plan to develop its part of the Arash natural gas field shared with Saudi Arabia and Kuwait after the two Arab states announced having signed a document to build the reservoir without Tehran's participation.
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Iran: Saudi-Kuwaiti deal to develop Arash gas field in Persian Gulf 'illegal'
Mar 26, 2022 13:24Iran says it reserves the right for drilling in Arash gas field in the Persian Gulf, warning that an agreement between Saudi Arabia and Kuwait to produce gas at the shared field is illegal.
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Iran launches last refinery in South Pars gas field
Mar 17, 2022 20:26Iran has finally brought on line a major refinery project that runs on natural gas extracted from South Pars, the world’s largest gas field located in the Persian Gulf, which is shared between Iran and Qatar.
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Average US gas price rises 22% in two weeks to record $4.43
Mar 14, 2022 09:48The average regular-grade gasoline prices rose 22 percent over the past two weeks amid Western sanctions on Russia over its military operation in Ukraine which disrupted the global energy market.
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US gas prices soar to 13-year high over Russia's Ukraine operation
Mar 07, 2022 08:56US gasoline prices have reached a 13-year high as Western sanctions on Russia over its military operation in Ukraine continue to disrupt the global energy market.
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Rising demand may cause Iran to resume gasoline imports: Report
Mar 06, 2022 06:32Demand for gasoline in Iran is expected to reach record levels as a report warns that the country may be forced to resume imports more than a decade after it reached self-sufficiency in production of the fuel, shows a report.
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Italy may face gas rationing while trying to reduce its dependence
Mar 05, 2022 14:25As the conflict between Kiev and Moscow escalates to dramatic levels, the debate over alternative gas supplies is raging in Italy.
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Iran awards $520mln worth of flare gas contracts to domestic firms
Mar 04, 2022 06:06The Iranian Oil Ministry has awarded over half a billion US dollar worth of flare gas projects to domestic companies as part of efforts to reach a zero flares target by 2025.
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President urges cooperation among gas exporters to fight US hegemony, sanctions
Feb 22, 2022 14:31President Seyyed Ebrahim Raeisi has called for further cooperation among gas exporting countries to circumvent US sanctions imposed on some members.
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Iran says natural gas now available to 86% of villages
Feb 14, 2022 05:52The Iranian Oil Ministry has updated figures related to the coverage of natural gas in the country saying some 86% of the population living in the countryside has now access to the energy source via a pipeline network that has spread to impoverished regions in Iran’s far south and east.