Energy

  • French Energy Company Engie said Tuesday it was helping South Africa's government move one step closer to its low-carbon goals with commercial wind operations, winddaily.com reported.

  • Construction of the Iran-Oman gas pipeline will reportedly be undertaken by the Iranian Offshore Engineering and Construction Company, its deputy managing director, Rahim Tabrizi, said Tuesday.

  • Iran has stored as much as 40 million barrels of oil on supertankers at sea as it prepares for a sales drive if a nuclear deal can be sealed.

    Iran and six world powers are seeking to…

  • Statoil ASA, Norway’s state-controlled oil producer, will cut as many as 2,000 more jobs by the end of next year as it reacts to lower crude prices by slashing costs. Statoil plans to lose 1,100…

  • A Russian minister warned Western energy companies on Monday that they would be frozen out of energy cooperation with Moscow if they take "politically motivated decisions", an apparent reference…

  • Water shortage in Iran has reached crisis point. For years precipitation has been of the declining order while consumption, evaporation and waste have increased.

  • Some of the world's most powerful oil executives will attend Russia's top investment show next week, once again helping the organizers shrug off a meager turnout from other leading western…

  • Emirates National Oil Co. agreed to buy Dragon Oil Plc for 1.7 billion pounds ($2.6 billion), gaining control over wells in Turkmenistan and exploration projects from Algeria to Iraq.

  • India has conveyed to Iran that its interest in oil and exploration projects in the Persian Gulf nation is still alive.

    Commercial interaction with the Iranian authorities is independent of…

  • The World Association of Nuclear Operators started its "comparative assessment" of the Bushehr Nuclear Power Plant on June 13, the Atomic Energy Organization of Iran reported late on…

  • Middle East crude oil production is set to keep up pace with the tanker market, boding well for future demand. OPEC’s latest round of discussions ended with the decision to maintain crude oil…

  • Iran remains committed to bolstering cooperation with the International Maritime Organization and the International Oil Pollution Compensation Fund.

  • South Korean imports of Iranian crude nearly doubled in May from a year ago, but its shipments from the OPEC country in the first five months of 2015 fell 2 percent year-on-year, meeting…

  • Shale gas firm Cuadrilla Resources received a boost in its plan to start fracking in northwest England on Monday when local government recommended that its application to construct up to four…

  • India is trying to use its position as one of the world's biggest energy consumers to strike better bargains for its companies with oil exporting nations, in a marked change of approach under…

  • The South African government will finalize the nuclear procurement process by the end of this year in a fresh bid to meet the country's growing energy demand, a senior official said on Tuesday.

  • Ukraine hopes that the price for the third quarter will be lower, Demchishin said in an interview to Ukraine’s Channel 5.

  • Last year may have been a watershed moment for world energy consumption. That assessment comes from BP’s just released 2015 Statistical Review, which provides a roundup of the global…

  • Ali Dadpay, a faculty member at Clayton State University in a telephone roundtable discussion said, "The best strategy to help Iran regain its lost position in the market is finding reliable…

  • Iran has prepared a $30 billion draft economic proposal for Turkmenistan whereby the former will export goods and technical and engineering services in exchange for Turkmenistan's natural gas, a…

  • The First Strategic Oil & Energy  Congress will be held in Tehran with the participation of Iranian and international firms and representatives of energy forums in October, ISNA reported…

  • Construction of Iran Gas Trunkline VI would give a boost to Iran's capacity in gas exports to Iraq, Alireza Gharibi, managing director of Iran Gas Engineering and Development Company, said. "…

  • Bulgaria's power grid operator ordered all renewable energy producers on Sunday to reduce their output by 60% in an attempt to balance production and consumption, the state-owned company said.

  • Petrofac said it won $900 million contract from state-controlled Petroleum Development Oman to provide engineering and procurement services at Yibal Khuff project, in southwest of Muscat, under a…

  • Norway's oil and gas investments are seen flattening in 2016 after a year of decrease amid the drop in oil prices and tougher spending discipline among oil firms, data from Statistics Norway…