Geographically speaking 75 percent of Iran has a dry, arid, and semi-arid climate. As the water crisis worsens in scale and scope, it seems construction of underground dams is a dire need and…
Energy
The energy ministry is mulling plans to halt electricity exports in summer to meet rising demand nationwide during the hot season, a decision that depends on a consensus of the electricity and oil…
The aging fossil-fuel industry — Big Oil, Big Coal, Big Gas — doesn’t want you to hear the relentless drumbeat leading investors away from fossil fuels: Falling stock prices, rising production…
When it comes to showcasing opportunities for the oil and gas sector, one event stands out above all the rest, and that's the Global Petroleum Show in Calgary, Alberta, Canada – where hundreds of…
Saudi Arabian Oil Minister Ali Al-Naimi said he was "100 percent comfortable" with the oil market, in terms of supply and demand, Tradearabia reported.
Iran said it’s received “positive” feedback from international oil companies on the new contracts being prepared for the return of foreign investors if and when nuclear sanctions are lifted,…
The government has made minimum investment to help revive subterranean water channels known as ‘qanat’ in recent decades; whereas, $1.5 billion was spent on Gotvand Dam despite all environmental…
Russia may start importing crude from Iran next week as part of an oil-for-goods agreement, Iranian Energy Minister Bijan Namdar Zanganeh said, Bloomberg reported.
The National Iranian Gas Company needs to revise its mandate to be able to emerge as an effective player on the international gas map, Shana news agency quoted Hamidreza Araghchi, managing…
Phase 19 of the South Pars gas field in the Persian Gulf will be launched in the fall with capacity to produce 25 million cubic meters of gas per day, a senior official at the Iranian Offshore…
Iran is a bona fide superpower in global energy markets. Or rather it would be if reserves in the ground were the measuring stick, BBC reported.
Taking oil and gas together, only Russia can…
Construction of the first offshore oil platform in the southern oil-rich is another demonstration of a promising future for the domestic marine industries, Mohammad Reza Nematzadeh, the minster of…
Iranian gas could be delivered via the Turkish Stream pipeline being developed by Russia in the future, Azizollah Ramezani director of international affairs at National Iranian Gas…
The Caspian region has long attracted the attention of the international community due to its rich hydrocarbon resources as well as its strategic location at the crossroads of Asia, Europe, and…
The 167th Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) was held in Vienna, Austria, on Friday, 5th June 2015. Oil group OPEC agreed to stick by its…
Oil markets moved sideways in cautious trading early on Friday ahead of an OPEC decision likely to keep the market oversupplied and setting aside warnings of a second lurch lower in prices as some…
Total's return to Iran is achievable "But first, let's see what will happen on the political scene.", said CEO Patrick Pouyanne. The French energy giant’s return may see the restart of work at a…
Laying two gas pipelines from two offshore phases of the South Pars gas field (phases 20 and 21), to the onshore areas in the Persian Gulf will be completed by November, an official at the Iranian…
After a tour of a Shell drilling rig in Seattle, Alaska Gov. Bill Walker said oil is the lifeblood of the state's economy and arctic drilling "will happen.", UPI reported.
Walker toured the…
As the June 30 deadline for a nuclear deal between Iran and the P5+1 approaches, the world is eagerly following the fortunes of official figures in Tehran. One member of …
The heads of Europe’s largest oil and gas companies have joined together for the first time to call for governments to agree to carbon pricing at a United Nations-led summit on climate change at…
An estimated 65 percent of revenues from crude oil export to China will be used to import Chinese goods and the balance will be paid to Tehran in cash as per a new long-term contract signed…
The first phase of Kahak water supply complex in Qom Province went into operation in a ceremony attended by the Majlis Speakar Ali Larijani.
The new facility will supply 700-800 cubic…
Iraq is exporting a new grade of crude after customers complained about the quality of oil from the country, Bloomberg reported. The Basrah Heavy crude will be exported for the first time starting…
The Chinese will reopen a credit line to finance the development of the Abadan Oil Refinery in the southern Khuzestan Province in the present Iranian year (ends March 2016), an official at the…
