Urea production capacity is expected to rise nearly three times from current levels by the end of the sixth five-year economic development plan (2017-22).
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
TVEL Fuel Company, a subsidiary of Russia's state-owned nuclear corporation Rosatom, has signed an agreement with the Atomic Energy Organization of Iran (AEOI) to deliver a reserve batch of…
Oil Minister Bijan Namdar Zanganeh says the downward trend in global oil prices stems from an upsurge in the United States shale oil production.
"They (US producers) have added more than…
Pergas Consortium, a group of international oil and gas companies, is to submit its development proposals for Karanj and Shadegan oilfields, two reservoirs in Khuzestan Province.
Ahmad…
Oil prices fell to seven-month lows on Tuesday after news of increases in supply, a trend which has undermined attempts by OPEC and other producers to support the market through reduced output.
Increasing imports of natural gas is on Armenia's priority list as the country plans to increase electricity export to oil and gas-rich Iran.
The managing director of Yerevan thermal power…
A total of 21 private investors have been certified by the Energy Ministry to build wind farms in the small town of Mil-Nader in the southern Sistan-Baluchestan Province, Energy Minister Hamid…
Oil traders are resorting to storing more and more oil at sea amid swelling output in the Atlantic region, a sign the market is far from the kind of rebalancing that OPEC would have hoped for when…
Total will go ahead with development of a giant Iranian gas field this summer, its chief executive officer told Reuters, in the first major western energy investment in the country since Tehran…
Italian energy giant Eni on Tuesday signed a memorandum of understanding with the National Iranian Oil Company to conduct technical surveys on Kish gas field and the third phase of Darkhoveyn…
The oil market is expected to balance in the fourth quarter even as output from fellow OPEC members Libya and Nigeria as well as from shale oil producers is on the rise, according to Saudi Energy…
Oil prices edged higher on Monday, pausing for breath after coming under pressure over the past month from rising production in the United States, Libya and Nigeria, which has taken the edge off…
Indonesia's volume of crude oil imports from Iran can increase, said Octavino Alimudin, the Indonesian ambassador to Tehran, in a meeting with the Chairman of Iran Chamber of Commerce, Industries…
A senior power official has appealed the public to use electricity judiciously in the face of an unexpected rise in demand over the last several days.
Qatar will not cut off gas to the United Arab Emirates despite a diplomatic dispute and a "force majeure" clause in its contract, the chief executive of Qatar Petroleum told Al Jazeera network,…
Russia has commenced the production of equipment necessary for constructing new reactors at the Bushehr nuclear power plant in Iran, president of JSC NIAEP-holding Company of JSC Atomstroyexport,…
The Turkish subsidiary of Russia’s nuclear energy company Rosatom plans to launch its project to build the first nuclear power plant in Turkey next year, Russian news agency TASS reported, citing…
Italian oil and gas giant Eni is expected to sign a memorandum of understanding with the National Iranian Oil Company on Tuesday to study two Iranian oil and gas fields.
…
Iranian crude oil slipped to $45 per barrel in the week to June 9 amid bearish sentiments that an OPEC-led initiative to erase global oil stocks to lift prices is not enough.
The blockade against Qatar is undoubtedly causing difficulties for the citizens on the small Persian Gulf emirate. But its isolation is far from complete, and chinks in the wall are a clear…
The United Arab Emirates energy minister said on Saturday he saw no need for an extraordinary meeting of the Organization of Petroleum Exporting Countries ahead of regular talks in November. OPEC…
Tabriz Refinery in the northwestern province of East Azarbaijan plans to launch a unit for the production of ultra-low-sulfur diesel (ULSD) in the coming months, the refinery’s managing director…
An economy held captive to the price of oil and largely dependent on crude export revenues is apparently not a functioning economy, two members of the Majlis Energy Commission said on Sunday.
Parts of the city of Ahvaz went off the power grid at the weekend as scorching heat and rising demand for electricity in southern Khuzestan Province took a toll on electrical equipment.…
The return of oil and gas initial public offerings was nice while it lasted. Energy companies aiming to go public are staying on the sidelines as crude prices struggle to keep above $50 a barrel,…
