Beijing’s crackdown on pollution has put China on track to overtake Japan this year as the world’s biggest importer of natural gas, used to replace dirtier coal.
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
The French Entrepose Group signed a memorandum of understanding with Industrial Projects Management of Iran Company and the Industrial Development and Renovation Organization of Iran on…
Morvarid Petrochemical Company in Asalouyeh, Bushehr Province, has carried out feasibility studies on a plan to raise its ethylene production by 150,000 tons per year, bringing the plant’s…
Oil prices on Wednesday dipped away from the mid-2015 highs reached in the previous session, as high output in the United States and Russia undermined ongoing efforts led by OPEC to tighten the…
In line with policies to expand the national gas grid, projects are underway to extend the network across the country during the next five years, the managing director of Iran Gas Engineering…
Oil exports from Iraq’s southern Basra ports rose to a record high of 3.53 million barrels per day in December from 3.5 million bpd in the previous month, two oil officials said on Monday.
Norway is realizing it will have to do without the deep pockets of the biggest oil companies, as it seeks to extend an era that has made it one of the world’s richest countries.
The most…
Oil prices posted their strongest opening to a year since 2014 on Tuesday, with crude rising to mid-2015 highs amid ongoing supply cuts led by OPEC and Russia.
US West Texas Intermediate…
Russia’s natural gas production rose to its highest level last year, driven by increasing sales to Europe and rising domestic demand.
Government data published on Tuesday showed that…
The Majlis Research Center has predicted Iranian crude oil to sell at an average price of $54 per barrel in the next fiscal year that starts in March.
According to its report, in spite…
In line with efforts to complete the development project of South Pars Phase 14, loading operations to transfer platform 14A for installation in the Persian Gulf are being carried out in Iran…
Ten petrochemical projects worth about $9 billion are being developed in Iran by the Persian Gulf Petrochemical Industries Company, the company's deputy for planning and development announced.…
In line with policies to boost renewable energy capacity, German investors have built four solar power plants in Hamedan, 330 kilometers west of Tehran, and the fifth one is under construction,…
China, the world’s biggest oil buyer, is on the verge of opening a domestic market to trade futures contracts. It has been planning one for years, only to encounter delays.
The Shanghai…
Oil bulls charged into the new year with unprecedented vigor and the credit goes to OPEC.
The signs that the group is winning its tug of war with shale are compelling and money managers…
The Libyan crude oil pipeline blown up late last month will take about a week to repair, the chairman of Libya’s National Oil Corporation said.
An explosion on the Zaggut to Es…
Saudi Arabia was set to raise local gasoline prices on Monday, state news agency SPA reported. The initiative, aimed at more efficient energy use, coincides with an ambitious reform plan to…
Iran's export of crude oil and gas condensate amounted to nearly 1 billion barrels in 2017 in a year that OPEC and other producers stepped up efforts to keep a lid on supplies and drain bloated…
After lining up for an entire day to get a plane ticket to visit her relatives in the western city of Merida, Josefina Garcia did not know if she and her octogenarian mother were going to reach…
With oil prices over 30% higher since June, oil market bulls are finally getting what they wished for this holiday season. Global economic growth is strong and synchronous and end-use petroleum…
South Korea is holding another vessel over suspicions it transferred petroleum products to a North Korean vessel—the second seizure to come to light since US President Donald Trump warned China…
Gas consumption hit 657.8 million cubic meters on Saturday, slightly higher than on previous days, as households used more fuel because of the onset of cold weather.
The government has taken steps over the last year to commercialize gas stations as part of a scheme to privatize Iran's retail energy market.
However, question marks hang over the…
Pars Oil and Gas Company signed a memorandum of understanding with the National Iranian Oil Company's deputy for exploration to expand technical collaboration in the upstream sector.
The…
The North Sea’s Forties Pipeline System—one of the world’s most important crude oil conduits—is fully back in business after being shut earlier this month due to the discovery of a hairline…
