Russia’s Gazprom Company has a clear rationale for pushing forward with the Turkish Stream project: to diversify away from using Ukraine as a transit state for …
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Iran needs to offer better incentives to lure foreign energy companies forced by low oil prices to slash investments, the head of Austrian energy group OMV said ahead of a trip to the country next…
Talks are underway for the launch of the construction of the first nuclear reactor in the central Nigerian state of Kogi in September 2016.
Iran has told India that the development rights for the Farzad-B gas field would be available to Indian companies, an Oil India Ltd executive said on Wednesday, after concerns in New Delhi that…
The Egyptian government has reached a new agreement with Saudi Arabia on receiving petroleum derivatives for three months. According to the agreement, Saudi Arabia will send $1.4 billion in aid to…
Iran and Armenia have finalized electricity contracts for establishing a double circuit transmission line and for setting up a 400-kilovolt substation in Norvan in Armenia both valued at $342…
The Iranian private sector has frequently voiced readiness to undertake oil exports, but the government has retained control of the lucrative trade by setting up constraints in the way of private…
Iran could raise its oil output by as much as 730,000 barrels per day from current levels fairly quickly after sanctions are removed, the International Energy Agency said on Wednesday.
The US Energy Information Administration pushed its 2016 crude oil forecast lower Tuesday, as shaky global growth and higher production sent US crude oil futures below the lowest closing price in…
Turkey’s energy regulator will auction contracts for 2,000 megawatts of wind power capacity next year, bringing forward a program originally to be completed by 2020.
The second specialized exhibition on Iran's oil, gas, petrochemical, construction, energy, water, electricity and engineering services will be held in Ashgabat, Turkmenistan, from August 19-21.
Brazilian President Dilma Rousseff has launched a 186-billion-real ($53 billion) investment program to expand the country's power grid.
The program will include projects to ensure Brazil…
Pakistan is in the final stages of negotiating a deal to increase its electricity imports from Iran tenfold, a Pakistani government spokesman said Tuesday, part of a push to boost trade when…
OPEC pumped the most crude last month in more than three years as Iran restored output to the highest level since international sanctions were strengthened in 2012.
The US administration is taking steps to ensure that customers can continue to purchase Iranian crude during an interim period before a nuclear agreement can be fully implemented and sanctions…
Iran Power & Water Equipment and Services Export Company (Sunir) has signed an agreement for technical and engineering cooperation with Bester, a Spanish company based in Seville, for the…
An Iranian delegation intends to visit Crimea, Russia, to discuss cooperation in the supply of oil products, Crimean Fuel and Energy Minister Sergei Yegorov said. "They want to…
The main priorities in negotiations with international giants are transfer of advanced oil and gas technology and support for the private sector, said Amir Hossein Zamaninia, Iran's deputy oil…
A memorandum of understanding has been signed for several water supply projects whereby Bank Sepah will procure the funds needed to purchase steel pipelines.
Lifting of sanctions related to Iran’s nuclear program will have a significant impact on the world oil market, the Iranian economy and Iran’s trading partners.
OPEC oil exporters have no plans for an emergency meeting to discuss the drop in oil prices before the next scheduled gathering in December, two OPEC delegates said on Monday.
Japan has restarted its first nuclear power plant under new safety rules following the 2011 Fukushima disaster.
All Japan's nuclear plants were gradually shut down after a series of…
The recent agreement between Iran and six world powers regarding the former's nuclear program has numerous ramifications, especially for strategic natural gas issues between Russia and Turkey,…
The chief executive of Brazil's Petroleo Brasileiro SA estimates it will take five years for the state-run oil producer to win back the credibility it lost among investors after a massive…
Vietnam's $4.6 billion Long Son Petrochemical Project could help boost economic contributions from the Association of Southeast Asian Nations' countries to Qatar, the Thai ambassador to the…
