South African and Kuwaiti companies have voiced willingness to invest in oil projects of Tamin Petroleum and Petrochemical Investment Company, the head of the Iranian company said on Saturday.
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
The government is scouting for an Iranian partner to set up a fertilizer plant entailing an investment of $1.029 billion in a urea plant in the Persian Gulf nation.
There is a possibility of collaboration with Japanese companies such as Inpex in upstream sector, oil trade, petrochemical investment, refining and technology development, Iran's Oil Minister…
Gasoline inventory in fuel cards, at a subsidized price of 7,000 rials (20 cents), has decreased by 1.1 billion liters since the unification of gasoline prices in May 26, managing director of…
A ship with 3,500 tons of fuel oil that was reported missing in the Malacca Strait off Malaysia on Saturday has been found in Indonesian waters without its cargo, Malaysian Maritime Enforcement…
The world is slowly but steadily increasing its investments in solar energy sector, as it becomes more affordable with each passing day.
As the global manufacturing hub for solar…
The New Zealand government said the global renewable energy sector is expected to draw $7 trillion in private sector investments by 2030. In the past six years, investments in New Zealand have…
The US declared one of Russia’s largest offshore oil and natural gas fields off limits to American tools and expertise, potentially disrupting Royal Dutch Shell Plc’s plans to liquefy the fossil…
Cheap oil is here to stay in 2015 and 2016 does not look much better, Moody’s Investor Service said in an analysis.
The credit ratings and market analysis group said it had cut its US oil…
Physical progress of South Pars Gas Field Phase 12 has reached 98% upon the completion of drilling operations in the three remaining wells, manager of the phase's development project…
The four-string Turkish Stream gas pipeline with an annual capacity of 63 billion cubic meters will run from Russia to Turkey underneath the Black Sea. The pipeline will…
The production line of heat-shrink sleeves was inaugurated on Saturday during a ceremony attended by Iranian energy officials.
The heat-shrinkable sleeves, commonly utilized for insulation…
Business is so tough for oilfield giants Schlumberger NV and Halliburton Co. that they have come up with a new sales pitch for crude producers halting work in the worst downturn in years: "Frack…
An Afghan delegation attended the India-Afghanistan Renewable Energy Summit on Friday in New Delhi, India.
The summit was organized by the Federation of Indian Chambers of Commerce and…
Japan's nuclear regulator said an accident on the scale of the 2011 Fukushima disaster would not occur under new safety rules imposed on reactors such as Kyushu Electric Power's Sendai No.1, set…
The Asian Development Bank and the European Bank for Reconstruction and Development, with the participation of the Black Sea Trade and Development Bank, are arranging a financing package of $1…
Brazil's state-led oil company Petroleo Brasileiro SA said its second-quarter net income fell a steeper-than-expected 89% after a one-time charge for underperforming assets.
Quarterly…
Italian energy group ERG is to buy German utility E.ON's Italian hydroelectric power plants for about $1 billion, expanding its renewable portfolio which mostly comprises wind farms.
The TAPI Steering Committee has unanimously endorsed State Concern “Turkmengas” as the consortium leader of TAPI Pipeline Company Limited to spearhead efforts to build, finance, own and operate…
An explosion targeting a power installation in eastern Iraq has disrupted the flow of electricity from neighboring Iran, the electricity ministry said, aggravating energy shortages amid a weeks-…
Iran and Italy held negotiations to restore ties in oil, gas and petrochemical sectors, Oil Minister Bijan Namdar Zanganeh said following his meeting with the visiting Italian delegation in Tehran…
The downward trend in the price of oil has nothing to do with Iran's doubling its production ceiling in post-sanctions era, Mohammad Ali Khatibi, Iran's former representative to the Organization…
Ukraine is boosting daily imports of natural gas from Slovakia by 33% from August 6 to 30.3 million cubic meters, the head of press service of Ukraine's gas pipeline operator Ukrtransgaz, Maksim…
Oman has ramped up oil production to a record high in June, adding to a global supply glut that has hit oil prices. June production reached 992,700 barrels per day of crude oil and light oil…
Baku has proposed Tehran utilize Azerbaijan's route and infrastructure to export oil and gas to the international markets, Azerbaijan's minister of economic development said.
