Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
February 20, 2019 18:58
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February 20,2019Most of the infrastructure is in place to export natural gas from western Kurdestan Province to Iraq’s semi-autonomous Kurdistan region, provincial head of the National Iranian Gas Company said. "... -
February 20,2019Oil prices slipped away from 2019 highs on Wednesday, with surging US supply and slowing economic growth tempering upward pressure from supply cuts led by producer club OPEC and from Washington’s... -
February 20,2019Iran has all it needs to tap into clean energy but despite scientific studies and steps taken in this regard, the real improvement potential has not been effectively exploited, said the secretary... -
February 20,2019Iranian crude oil exports in January were higher than expected, while February shipments so far have been holding steady or even higher compared to last month, as several of Iran’s customers are... -
February 19,2019Joining the Eurasian Economic Union will help Iranian energy companies expand in the region. To achieve the goal, closer cooperation is crucial between the government and the Iran Chamber of... -
February 19,2019Novatek, a leading gas company in Russia, has asked Mitsubishi Corp. and Mitsui & Co. to invest in an Arctic liquefied natural gas project expected to cost maximum $36.1 billion. -
February 19,2019Iran wants to become the world’s sixth largest steelmaker by 2025 and development plans to this effect are underway across the country. So far, so good. However, policy and decision makers seem to... -
February 19,2019Qatar's ultra-light crude oil grades bore the full brunt of the recent return of Iranian condensate supply, with spot differentials for deodorized field condensate hitting multi-year lows, but... -
February 18,2019Expansion of the petrochemical sector has continued as planned and $24 billion has been invested in development projects since 2014, National Petrochemical Company's deputy for investment said. "... -
February 18,2019Qatar Petroleum signed preliminary deals worth more than $2.47 billion on Monday with oil services firms Schlumberger and Baker Hughes to boost the local energy industry. -
February 18,2019The stage has been set for a European natural gas price war that will help boost demand and enable both Russia and the US to increase sales to the region. -
February 18,2019Oil prices on Monday hit their highest levels since November last year, lifted by OPEC-led supply cuts, US sanctions on Iran and Venezuela, and hopes that the Sino-US trade dispute may soon end. -
February 18,2019Third phase of the Persian Gulf Star Refinery in Bandar Abbas, Hormozgan Province, was launched Monday in the presence of President Hassan Rouhani and Oil Minister Bijan Namdar Zanganeh. Persian... -
February 17,2019The National Iranian Drilling Company, a subsidiary of National Iranian Oil Company, has drilled 4,500 onshore and offshore oil and gas wells since inception in 1980, the company director said in... -
February 17,2019Renewable energy sources will be the world’s main source of power within two decades and are establishing a foothold in the global energy system faster than any fuel in history, according to BP. -
February 17,2019The National Iranian Oil Refining and Distribution Company has started exporting gasoline to international markets, CEO of the company said. Alireza Sadeqabadi made the statement in a press... -
February 17,2019Oil Minister Bijan Namdar Zanganeh said Sunday China National Petroleum Corporation (CNPC) is still ambivalent after substituting the French energy giant Total in the $4.8 billion South Pars gas... -
February 17,2019After decades of supplying itself and its European neighbors with natural gas, an era has officially come to an end for the Netherlands. -
February 16,2019India has asked one buyer of Venezuelan oil to consider paying the South American nation’s national oil company PDVSA in a way that avoids the US financial system, an Indian government source said... -
February 16,2019The first phase of Masjed Soleyman Petrochemical Company's ammonium and urea units development plan in Khuzestan Province has registered 90% work-in-progress and is expected to come on stream in... -
February 16,2019Ethane production capacity in Asaluyeh in the southern Bushehr Province will rise by 2 million tons per annum upon the inauguration of four new phases of the South Pars Gas Field in Persian Gulf in... -
February 16,2019The three most closely watched oil market forecasters are all bracing for a significant upsurge in non-OPEC supply growth in 2019 but differ on the extent that global oil supply will outweigh... -
February 16,2019Due to government funding constraints and financial pressures, private companies have taken on the mantle of developing renewable energy, head of Iran's Renewable Energy and Energy Efficiency... -
February 15,2019South Korea resumed imports of Iranian oil in January after a four-month hiatus, customs data showed on Friday, but shipments were down 76% from the same month last year. -
February 15,2019Brent crude oil briefly reached 2019 highs above $65 per barrel on Friday, as OPEC-led supply cuts and the announcement of a higher-than-expected cut by Saudi Arabia this week encouraged investors...
