Pakistan is scheduled to receive around 750,000 barrels of Urals crude over the coming days, which would mark the South Asian nation's first commercial-scale purchase of Russian crude oil, as it…
Energy
A call-for-action with over 100 signatories was sent to the French government on Wednesday to ask that industrial competitiveness is incorporated into the new national strategy for hydrogen,…
Oil prices extended losses early on Wednesday, as worries of slowing demand from top oil importer China after the release of weaker-than-expected economic data outweighed some positive progress…
Due to a severe drought in South Khorasan, North Khorasan and Khorasan Razavi provinces, most industries and petrochemical plants are opting to tap into unconventional water resources, including…
The declining trend of water storage in the dams of Mazandaran Province is continuing for the third consecutive year, creating concerns regarding the supply of water needed by agricultural and…
Iran will sign a gas contract with Turkmenistan and import 10 million cubic meters per day later this month, the oil minister said on Tuesday. Javad Owji made the announcement after meeting…
Japan’s wind power body has set a mid-century goal to increase capacity to 140 gigawatts from less than 5 GW now, it said on Tuesday, to meet a third of the country’s electricity demand and help…
Authorities in Vietnam's capital of Hanoi are turning off street lights to keep the national power system running amid record temperatures bringing a surge in demand in some parts of the…
Leading crude exporter Saudi Arabia is maximizing refining profits by importing unprecedented amounts of cheap Russian diesel and in turn shipping record volumes to Singapore, where the fuel can…
About 1,500 megawatts of electricity will be added to the power production capacity of the country by the end of the current Iranian year (March 2024) with different industries completing the…
The Organization of Petroleum Exporting Countries will welcome Iran’s return to the oil market when the US sanctions are removed, the secretary-general of OPEC said.
Executive operations for a melamine crystal production unit at Shiraz Petrochemical Company in Fars Province will start later this year, the managing director of the company said. “The 40,000-…
Oil prices rose on Monday after US leaders reached a tentative debt ceiling deal, possibly averting a default in the world's largest economy and oil consumer, although concerns about further…
European gas prices have plunged to the lowest since mid-2021, when Russia was just beginning to squeeze supplies before its invasion of Ukraine, helping to reverse a surge in inflation and…
The pilot project to produce needle coke at the Imam Khomeini Shazand Oil Refinery in Arak County, Markazi Province, has registered 85% progress and is expected to be completed in six months,…
Iran and Oman have signed an agreement on their joint study on the shared Hengam Oilfield in the Strait of Hormuz, the Persian Gulf. The agreement was signed in the presence of President…
The owners of small-scale solar power stations in the rural districts of Fars Province earned close to $1 million in 2022 by selling electricity to the regional electricity firm, the head of the…
Iran's share in Afghanistan’s gasoline and diesel market has reduced significantly over the last three months, the head of the Board of Directors at the Iranian Oil, Gas and Petrochemical…
The latest report by the International Energy Agency ranks Greece second in theoretical photovoltaic penetration, which index reflects the world countries’ solar energy production potential at…
Venezuela and Trinidad and Tobago will continue negotiations on jointly developing a dormant offshore natural gas field, with a meeting scheduled for mid-June in Caracas, according to three…
Investment in global coal production and supply in 2023 is expected to increase by about 10% from the $135 billion spent in 2022, the International Energy Agency said.
The trial delivery of ethane from the Bidboland Persian Gulf Gas Refinery to Gachsaran Petrochemical Company through a 90-km pipeline started on Saturday, the Oil Ministry’s news service Shana…
Gasoline consumption is projected to reach an unprecedented average of 135 million liters per day in summer, the head of Gas Stations Guild Union said.
Iran’s floating gas condensate inventory has reduced substantially, owing to exports and higher domestic consumption over the last two years, the oil minister said.
Tunisia is able to export 6 million tons of green hydrogen to Europe by 2050, said Director General of the Electricity and Energy Transition at the Ministry of Industry, Mines and Energy…
