The US stepped up its opposition to the Nord Stream 2 natural gas pipeline linking Russia and Germany, saying the project raises security concerns and that it could draw US sanctions.
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
European Energy Commissioner Miguel Arias Canete is expected to arrive in Iran on Saturday to confer over bilateral energy ties. According to Spanish newspaper, El Pais, his visit will…
Iran's Energy Minister Reza Ardakanian said the 120 German firms engaged in Iran's energy ventures will continue their operations.
British Ambassador in Tehran Robert Macaire voiced his country's support for British companies seeking to work in Iran's oil and gas sectors.
"Iran's market has massive potentials…
Pergas Consortium, a group of international oil and gas companies, signed a heads of agreement (HOA) on Wednesday with the National Iranian South Oil Company on developing Karanj Oilfield in…
French oil and energy company Total said on Wednesday it could not continue with the Iran South Pars 11 (SP11) project, in light of a decision by US President Donald Trump to withdraw from an…
Close to 900 megawatts of electricity will be imported to meet demand in summer and prevent potential blackouts in the hot season, a deputy minister energy said on Tuesday.
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Although Iran’s crude production is far less than that of global producers, the country is an influential member of the Organization of Petroleum Exporting Countries.
Iranian petrochemical production revenues amounted to $1.1 billion in the month ending April 20.
According to Mehr News Agency, the petrochemical complexes' production amounted to 4.7…
India’s oil consumption surged 4.5% in April, as industrial activity gathered pace in Asia’s third-largest economy and sales of trucks and buses soared. The nation’s total oil demand expanded to…
Oil prices fell on Wednesday, weighed down by ample supplies despite ongoing output cuts by the Organization of Petroleum Exporting Countries and looming US sanctions against major crude…
Norway expects its gas export prices to drop next year from the 2017 and 2018 levels, as Europe will buy more liquefied natural gas from other sources, the Norwegian government said in…
Japan released a draft of an updated energy policy on Wednesday, leaving its ideal mix of power sources for 2030 in line with targets set three years ago, despite criticism it places too much…
A global oil glut has been virtually eliminated, figures published by OPEC showed on Monday, thanks to an OPEC-led pact to cut supplies that has been in place since January 2017 and due to…
US shale production is expected to rise by about 145,000 barrels per day to a record 7.18 million bpd in June, the US Energy Information Administration said on Monday.
India will be counting on the financial support of Saudi Aramco and Emirati Adnoc for its planned $44-billion Ratnagiri refinery and petrochemical project, the country’s oil minister told…
South Korea's crude oil imports from Iran fell 24.9% year-on-year to 9.09 million barrels or 303,000 barrels per day in April, from 12.11 million barrels in the year-ago month, according to…
Esfahan Oil Refining Company has made concerted efforts for a long time to provide its units with much-needed water, the refinery's spokesman said.
Iranian and German officials have called for devising a roadmap for expanding cooperation in boundary waters and water management projects, including those on wastewater treatment.
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Operations to build a 7-megawatt floating solar farm in the southeastern city of Zehak, Sistan-Baluchestan Province, started on Monday.
Mandana Zanganeh, the head of the provincial…
Oil prices on Monday fell away from last week’s multi-year highs as a relentless rise in US drilling activity pointed to increased output, while resistance emerged in Europe and Asia to US…
Rosneft beat first-quarter net income forecasts as profit jumped sevenfold to $1.3 billion buoyed by higher prices, Russia’s biggest oil producer said on Monday. That topped the $1.2…
Italian oil and gas giant ENI may not have any investments in Iran, but its CEO Claudio Descalzi sees disruption ahead for oil markets due to the reimposition of US sanctions on OPEC's third-…
OPEC is more focused on identifying the right level of oil inventory at its next meeting than the impact on supplies of new US sanctions on Iran, the UAE said.
President Donald Trump…
Close to 800 million barrels of oil were exported from Iran’s largest oil loading and export facility, the Kharg Oil Terminal, in the previous fiscal that ended on March 20, 2018, managing…
