Energy

  • Cyprus could start exports of liquefied natural gas (LNG) to Europe by 2022, the head of the country’s National Hydrocarbons Company said in an interview with ITAR-TASS on Tuesday.

  • French oil firm Total is expected to start production at Azerbaijan's Absheron gas field in the Caspian Sea in 2021, the Azeri energy minister told a local newspaper, a year later than the company…

  • An Iranian delegation is to visit Moscow to sign agreements on building refineries and conducting oil swap operations with Russian firms, the director of Iranian Oil, Gas and Petrochemical…

  • Tenders for the exploration and development of oil fields for private companies will be held in Mexico in the first quarter of 2015, Mexican President Enrique Pena Nieto announced at the first…

  • China and Russia are considering a shift in the western route to cross Mongolia, which could overcome a major problem with the Altai plan, the RFA reported.

    The conflict in Ukraine has…

  • The deputy energy minister and the head of the Renewable Energy Organization of Iran urged the government to fund half of the costs for the installation of solar panels in residential units, IRNA…

  • Brent crude declined for the third time in four days before manufacturing data from China, the world’s second-biggest oil consumer. West Texas Intermediate fell in New York.

  • The National Iranian Oil Company (NIOC) is negotiating with 15 European and 3 Asian firms prospects for investment in 40 new oil exploration blocks in Iran, NIOC director for exploration Hormoz…

  • Following the dismissal of Chinese contractors from the South Azadegan oil field, the development plan will be carried out in the form of buy-back agreements, said the managing director of…

  • Indonesia's government is set to spend 1.6% less on energy subsidies next year, parliament's budgetary committee said on Monday. The finance ministry and budgetary committee agreed on energy…

  • In an interview with Shana news agency, Ali Majedi, deputy oil minister for international and commercial affairs, highlighted the ministry's priorities, which include the Iran-Pakistan gas…

  • The offices of the Sanduqli and Mazar-i-Sharif blocks belonging to the Afghan-Tajik basin oil were inaugurated Sunday in Mazar-i- Sharif, Afghanistan.   

  • A Woodlands-based liquefied natural gas company is considering building a $6 billion export plant on a small island north of Galveston once slated for a LNG import terminal that never materialized…

  • The Rockefellers, who made their vast fortune on oil, and other philanthropies and high-wealth individuals on Monday announced pledges to divest a total of $50 billion from fossil fuel investments…

  • To help address its energy needs, last week Saudi Arabia announced plans to incentivize both private and public investments in energy sources other than oil.

    Within 20 years, the Saudi…

  • Iran's deputy energy minister, Houshang Falahatian, and Iraq's deputy minister of electricity Adel Hamid Mahdi stipulated the new conditions of electricity exports to Iraq, according to an IRNA…

  • Kuwaiti ministry of electricity and water has awarded a $26.2m contract to Spain’s Abengoa for development of a new power transmission project in the country. As per the deal, Abengoa will…

  •  

    Egypt signed oil and gas exploration deals worth $187m to cover seven exploration areas in the Suez Canal, Egypt's western desert, the Mediterranean Sea and the Nile Delta. Germany'…

  • Europe’s energy policy is shortsighted and unwise, Alexey Miller, said the CEO of Russia’s gas giant Gazprom.

    “Europe has lost the battle for Asia’s liquefied gas,” he said, referring…

  •  

    A strange thing happened on the way to dealing with climate change: Advances in hydraulic fracturing put trillions of dollars' worth of previously unreachable oil and natural gas…

  • Oil production at southern Iraq's West Qurna-1 field is running at a rate of 360,000 barrels per day (bpd) due to problems with low levels of water injection to boost production, the head of the…

  • The first propane and second butane cargos of Siri natural gas liquids (NGL) refinery is ready to be shipped to Africa, said the deputy manager, Mohammad Reza Safari Rad.

    "The refinery is…

  • Kenya expects its estimate of oil resources to almost double to 1 billion barrels as well-drilling climbs and the government forges ahead with plans to build an export pipeline, said Petroleum…

  • The global market for shipped natural gas is entering key years of change in 2014 with several new buyers emerging while big new supplies will only slowly become available from 2015, resulting in…

  • Indian imports of Iranian oil rose by nearly half to 271,000 barrels per day (bpd) in January-August from a year ago, when refineries cut purchases due to worries about insurance coverage for…