In tandem with the government's push to build petrochemical complexes in the southern coastal region, some under-construction complexes are also considering relocation of sites to that area.
Energy
Power distribution companies guarantee the purchase of renewable electricity as representatives of the Renewable Energy and Energy Efficiency Organization, also known as Satba.
Introducing the country's natural gas capacities by holding technical panels and exhibitions can be an effective way for attracting domestic and foreign investment in the lucrative industry.…
Indian truckers have called off their strike after eight days as the government agreed to consider their demands to cut levies on diesel fuel, an official of the protesting group said on…
Japanese utilities have restarted old crude oil- and fuel oil-fired power plants and raised the capacity of operating oil-powered facilities, as utilities struggle to cope with record demand…
Researchers in Ireland, Switzerland and the United Kingdom have shown how long-term weather patterns affect wind and solar renewable energy technologies across Europe.
Using 30 years of…
Total has started production at Kaombo, currently the biggest deep offshore development in Angola, located on Block 32, 260 km off the coast of Luanda.
Energy Minister Reza Ardakanian announced signing 30 deals on water treatment projects to tackle dwindling water resources.
"All the contracts are buyback agreements, of which 11 have so…
A 10-megawatt solar power plant was inaugurated in the city of Mehriz in Yazd Province in a ceremony attended by Energy Minister Reza Ardakanian.
According to Ardakanian, the…
Despite the many announcements for new electric vehicle models coming to the market and government initiatives to support EV adoption, UK motorists remain reluctant—if not stubborn—to make the…
Russia does not use stocks in tanks to help boost oil output and lacks sufficient stocks to influence the oil market, Russian Energy Minister Alexander Novak told reporters in Johannesburg,…
Anglo-Dutch energy giant Royal Dutch Shell, French peer Total and Spain’s Repsol on Thursday logged surging second-quarter net profits on the back of soaring oil prices.
Rising oil…
Iran has started providing ships and insurance cover to continue exporting crude oil to India, its second-biggest buyer after China, with the US sanctions looming, people familiar with the…
The production of premium gasoline, marketed as "super", has been limited in the country's refining plants. According to Shana, the Oil Ministry's news portal, the restriction is due to…
Natural gas delivery to thermal power stations in the first four months of the current fiscal, started March 21, has hiked by 3.1% compared with the corresponding period of last year, director…
Qom Province’s Governorate has signed a memorandum of understanding with an unnamed Chinese company on building solar power plants with a combined production capacity of 30 megawatts, the…
The volume of natural gas transmitted in the national gas grid during the first two months of the current fiscal year (started March 21) experienced a 9% hike compared with last year’s…
Since US President Donald Trump withdrew the United States from the Iran nuclear deal in May, the country has been negotiating with other nations to keep its oil-dependent economy alive. However…
Japan is seeking an early exemption from the US on its sanctions against Iran as among the highest priority for the country's energy security as well as local refiners' need for Iranian oil, a…
China Petroleum & Chemical Corporation (Sinopec) said on Tuesday that it expects its net profit for the first half of 2018 to have jumped by around 50% on the year, on the back of higher oil…
Russia is preparing the most radical shakeup of its oil-tax system since 1999. The changes will allow the nation’s producers to export crude and oil products duty-free. Starting next year,…
South Korea's crude oil imports from Iran dropped 41% year-on-year in June ahead of the reimposition of US sanctions on the Middle Eastern country, while intakes from Kazakhstan and Mexico…
Oil Minister Bijan Namdar Zanganeh said the maximum use of Iranian manufacturers' capacity is a top priority, but the key sector "is not a place for trial and error".
Zanganeh made the…
Gasoline consumption in the fourth Iranian month that ended on July 21 reached an unprecedented average of 91.7 million liters per day, data released by the National Iranian Oil Products…
Oil prices steadied on Tuesday as rising tension between the United States and Iran highlighted risks to supply while escalating trade disputes raised the prospect of slower economic growth and…
