Sensors at the Fukushima nuclear plant have detected a fresh leak of highly radioactive water to the sea, the plant's operator announced on Sunday, highlighting difficulties in decommissioning the…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Egypt will hold an international auction for eight oil and natural gas exploration blocks in the Mediterranean Sea, the oil ministry said on Sunday, as the government seeks to boost production to…
Iran is capable of meeting its own power demand, but is distant from achieving energy export ambitions, new data show.
The recent slump in oil prices is expected to result in yearly revenue cuts of $180bn, according to a senior official at the Russian finance ministry.
Draining Khuzestan's wetlands to drill oil wells is the root cause of the dust storm that's swept across the southern province recently, an official from forests, range and watershed management…
A new round of negotiations between Iran and Iraq on gas exports from Iran has commenced, planning director of the National Iranian Gas Company (NIGC) announced.
Currently, final tests are…
Companies from several countries are eager to resume operations in Iran's petrochemical sector, said deputy oil minister, pointing out to the advantages the industry can offer.
Duke Energy Corp has agreed to pay a fine of about $102 million for environmental violations related to a power plant's coal ash spill into a North Carolina river last year and the company's…
The National Iranian Oil Company (NIOC) has banned energy firms from buying or hiring foreign-made drilling rigs, IRNA reported. The ban was announced in a letter sent by NIOC managing director,…
A US judge on Thursday rejected BP Plc’s attempt to reduce the maximum civil fine it could face for its role in the 2010 Gulf of Mexico oil spill, leaving it potentially liable to pay $13.7…
Russia's Gazprom increased natural gas supplies to the self-proclaimed Donetsk and Luhansk People’s Republics known as Donbas on request from Ukraine’s national energy company Naftogaz,…
A tanker has loaded 600,000 barrels of crude from storage at the Libyan port of Hariga, being the first vessel to pick up oil for export from the country in more than a week. Crude supplies from…
Iran plans to reach an ambitious target of 10 percent renewables share in its energy mix by 2021, up from 0.5 percent now, said a top official with the power industry.
As of Friday, all compressed natural gas (CNG) stations were required to change CNG supply measurement units from cubic meter to kilogram, an initiative which prompted confusion among consumers…
The cost to ship super-chilled natural gas has tumbled to the lowest level in more than four years and is forecast to fall further, Bloomberg reported. That’s good news for buyers and sellers of…
The development of South Pars Phase 12 has progressed according to plan and there is no problem with regard to inaugurating the project, the project manager Rasoul Fallahnejad said Thursday.
The National Iranian Gas Company (NIGC)’s assessments suggest that export of gas to Iraq and Turkey in the next Iranian calendar year (begins March 21) will generate up to $7 billion in revenues,…
State-run Qatargas is in the final stages of talks on a deal to supply Pakistan with 3 million tons of liquefied natural gas annually for 15 years, Gulf Business News cited industry sources as…
The recent dust storm in the southern Khuzestan Province caused about 10 billion rials ($362,000) in damages to the regional electricity distribution network, managing director of Khuzestan…
Gas export volume has increased eight percent during the current Iranian calendar year (ends March 21) compared with the same period last year, the National Iranian Gas Company's planning manager…
OPEC will regain ground and exceed its historic record production levels by 2030 as US shale oil growth flattens out in the coming years, British energy giant BP said in a new report.
Indian companies have expressed interest in investing in Iran’s petrochemical industry, director of the National Petrochemical Company (NPC) said Wednesday.
“Since Iran’s oil money remains…
Saudi Arabia, the world’s biggest crude exporter, shipped 5.7 percent less oil overseas last year in a sign the price rout did little to revive demand.
Shipments averaged 7.11 million…
Russia is ready to discuss with its European Union partners alternative options to South Stream project but will not turn down gas cooperation with Turkey, Russian President Vladimir Putin said on…
The lawmakers have rejected a proposal calling for the transfer of gas-fueled power plants to the private sector, IRNA reported Tuesday. The motion, which was proposed by the parliament's planning…
