The world's oldest nuclear power plant's restart has been delayed after the Swiss utility that runs the facility, Axpo, said on Friday that it must submit more information to the Federal Nuclear…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
A delegation of seven German companies operating in the renewables sector has signed a memorandum of understanding with the North Khorasan Electricity Distribution Company (NKEDC) to develop solar…
Renewable power hit a milestone in the United States this spring, with solar panels and wind turbines teaming up to produce 10% of all US electrical generation in March, according to Department of…
A $20 million agreement between the National Iranian Gas Company (NIGC) and South Korea's Oceanus consortium, signed in Busan last week, to develop small-scale liquefied natural gas plants in Iran…
State-owned Qatargas said on Saturday it had signed an agreement with Shell for the delivery of up to 1.1 million tons of liquefied natural gas (LNG) per year for five years.
Respected energy expert and economist Ali Shams Ardekani has pleaded with the government not to waste precious time in finalizing oil and gas deals with international majors despite the opposition…
South Korea's oldest nuclear reactor, the 40-year-old Kori No. 1, was planned to halt operations at midnight on Sunday, becoming the country's first nuclear plant to close permanently amid plans…
Oil Minister Bijan Namdar Zanganeh says the contract between the National Iranian Oil Company and French energy giant Total S.A. to develop Phase 11 of the South Pars Gas Field is expected to be…
China and India will be the biggest recipients for new investment in power-generating capacity by 2040, representing a $4 trillion opportunity for the energy sector. China will require $2.8…
Procrastination in concluding new oil and gas contracts with international companies not only poses a setback to the key industry but also provides neighboring states the opportunity to …
India's oil imports from Iran have fallen to their lowest since June 2016, shipping data shows, in possible retaliation for Tehran not awarding a gas field development to Indian companies.
Domestic petrochemical producers are looking at Russia as an emerging and reliable market for petrochemical exports, said Asadollah Asgaroladi, head of Iran-Russia Joint Chamber of Commerce.
Pumps used in the oil and gas industry that are intricate in terms of design and manufacturing have been indigenized by the National Iranian South Oil Company (NISOC), Chief Executive Officer…
Oil prices edged up from 2017 lows on Friday but an ongoing supply excess put them on track for their fourth consecutive week of losses despite OPEC-led production cuts to support the crude market…
Germany and Austria condemned a proposed expansion of US sanctions on Russia, saying the measures sought to bolster US economic interests and included an unacceptable intervention in the region’s…
Growth in oil supply next year is expected to outpace an anticipated pick-up in demand that will push global consumption above 100 million barrels per day for the first time, the International…
Iraq is gaining the edge over Saudi Arabia in the world’s fastest-growing oil consumer amid an intensifying race among producers to retain their most-prized markets.
Iraq was the top crude…
OPEC's oil production jumped in May, despite the exporter group agreeing last month to extend its six-month deal to cap output into 2018. Production across OPEC rose by about 336,100 barrels per…
Close to 100 million liters of gasoline has been produced in the Persian Gulf Star Refinery in the city of Bandar Abbas, Hormozgan Province, since its launch in the beginning of last month, said…
Transfer of crude oil from the West Karoun oil block in the southern Khuzestan Province to export terminals in the Persian Gulf is picking up, thanks to expanding pumping machinery and equipment…
Some of the biggest European energy companies are looking at petrochemical investment opportunities in the Parsian Special Economic Energy Zone, an emerging hotspot for industries in the southern…
French energy giant Total and the Society of Iranian Petroleum Industries Equipment Manufacturers have come to an agreement to use domestically made equipment to develop South Pars Gas Field Phase…
Oil prices fell on Wednesday after industry data showed a build in US crude stocks and OPEC reported a rise in its production despite a pledge to cut output. Brent crude oil was down 36 cents a…
Crude oil exports from the Kharg Oil Terminal in the Persian Gulf stood close to 780 million barrels in the fiscal year that ended in March 2016, or around 2.1 million barrels daily, managing…
In line with plans to complete the value chain in Jam Petrochemical Complex in the port city of Asalouyeh, Bushehr Province, the first development phase of an ABS/rubber production plant will go…
