Russia is ready to provide as much natural gas to Europe as it possibly needs.
Gazprom plans to lay a new pipeline to Europe, the company’s chairman of the board,…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Berlin can help Tehran expand its power and energy ties with neighboring and regional states.
Farhad Yazdandoust, an Energy Ministry advisor for international affairs, made the statement…
Kaveh Methanol Complex in the Persian Gulf port city of Bandar Dayyer, Bushehr Province, has started methanol production, the National Petrochemical Company’s director for projects said on…
The head of National Iranian Gas Exports Company said US President Donald Trump's hawkish remarks on not renewing sanctions' relief against the country are unlikely to shackle Iran-Oman gas…
OMV AG and its state-owned partner in Abu Dhabi, the UAE, are set to sign a $1.5 billion oil exploration agreement that could be the first major step for joint global expansion in oil production…
China started loading fuel this week at a Westinghouse-designed AP1000 nuclear reactor—the world’s first—in Sanmen, eastern Zhejiang Province, as the long-delayed project took a key step toward…
Despite the fact that higher crude oil prices helped ExxonMobil to lift its Q1 earnings, the supermajor on Friday missed Wall Street expectations and reported its weakest production level for a…
Sudan has invited Russian companies to participate in its oil and gas projects, an advisor to the Sudanese petroleum and gas minister said.
The gasoline produced by Shazand Refinery in the central city of Arak, Markazi Province, meets Euro-4 emission standards, the managing director of the refinery said. Alireza Amin added that "the…
Plans are in place to reduce electricity consumption by 5,300 megawatts during peak hours between June 5 and Sept. 15, an official in charge of Consumption Department in Iran Power Generation,…
Iran is ready to cooperate in transferring Turkmenistan's gas to Pakistan via the Iran-Pakistan pipeline, the head of National Iranian Gas Company said.
"We can conduct the swap in a…
As long as Iran exports crude oil without any problem, receives the revenues easily and finances energy projects, the nuclear deal, formally known as Joint Comprehensive Plan of Action, will…
Union oil minister Dharmendra Pradhan has said India will create a network with other major oil buyers in Asia—China, South Korea and Japan—to negotiate better terms with sellers.
Uruguay’s first oil auction in seven years, which offered 17 offshore blocks, did not attract any bids by the April 26 deadline, Uruguay’s state-run oil company ANCAP said.
While plunging output in Venezuela captures the oil world’s attention, problems are quietly festering in another OPEC nation.
Angola, once Africa’s biggest crude producer, is suffering…
Tabriz Oil Refinery in East Azarbaijan Province will begin to produce Euro-4 quality gasoline by the end of the current fiscal that started on March 21, managing director of the refinery said.…
For the first time in the country, a private Iranian company has set up a gas compressor station for collecting flare gases of Parsi Oilfield near Ahvaz in the southern Khuzestan Province, the…
Iran's petrochemical industry is currently at a good global level and ready to expand cooperation with international firms, the head of National Petrochemical Company said.
China's Fortune Oil has signed a memorandum of understanding with the Research Center of Petroleum Industry, a subsidiary of the National Iranian Oil Company, and a domestic investor on…
BP Plc. has announced that it has signed a production sharing agreement with the State Oil Company of Azerbaijan Republic for exploration rights to the Caspian Sea.
The joint exploration…
Oil prices edged lower on Friday, but Brent largely held its gains from the previous session. Global benchmark Brent crude futures were down 27 cents, or 0.4%, at $74.47 a barrel, after rising 1…
China kept fuel exports to North Korea to a trickle in March and exported no corn for a third straight month to its isolated neighbor, data showed on Tuesday, as sanctions over Pyongyang’s…
Iraq failed to attract investment from top global energy companies in its oil and gas exploration/development auction on Thursday, with no major firms winning any bids and only Italy’s Eni…
Italian oil major Eni on Friday reported a 31% rise in first-quarter profits, boosted by higher oil prices and output, and confirmed its production growth targets for the current year. Eni…
Petrochemical exports experienced a 6% and 20% hike in volume and value respectively in 2017, production manager at the National Petrochemical Company said.
