Kuwait named Deputy Prime Minister Anas Al-Saleh as acting oil minister to replace Ali al-Omair who became minister of public affairs and retained his role as state minister for parliamentary…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Iran lined up 52 oil and natural gas projects worth an estimated $185 billion for 335 domestic and foreign companies in Tehran, a day after it unveiled its long-in-the-works framework for new oil…
Iran has turned into a diesel exporting country in the current Iranian year (started March 21), managing director of the National Iranian Oil Refining and Distribution Company said.
"By…
Dubai will spend billions of dollars on generating clean energy, the government said on Saturday, aiming to have solar panels installed on the roofs of all buildings by 2030.
Iran has not granted any privilege to a Belgian company that intends to construct power plants in Iran under a $6 billion contract, deputy energy minister said on Saturday.
"A major…
French oil and gas major Total S.A. is willing to resume operations in Iran and is in ongoing negotiations with officials in Tehran, as the prospect of an end to financial and trade embargos…
Iran is ready to sell oil and its byproducts to Egypt, deputy oil minister for international affairs said on Sunday.
"Commencing oil trade with Egypt will definitely have a positive effect…
Gas Exporting Countries Forum does not intend to establish a cartel, a prominent Iranian energy analyst from London University said.
Production of natural and accompanying gas in Russia in January-October 2015 decreased compared with the same period of last year by 2.4% to 509.9 billion cubic meters due to a decline in…
The long-anticipated framework of the new Iranian oil and gas contracts, known as Iran Petroleum Contract, was officially unveiled on Saturday after years in the making in a landmark conference.…
A total of 30.7 million tons of petrochemicals were produced in Iran during eight months ending November 21, indicating a 74% growth compared to the nominal production capacity, deputy for…
The removal of the crude production ceiling by the members of the Organization of Petroleum Exporting Countries was a “huge and historic mistake”, Oil Minister Bijan Namdar Zanganeh said in a…
National Iranian Gas Export Company is holding negotiations with Turkmen oil companies to swap its gas by supplying it to the UAE, chief executive of NIGEC said on Thursday.
"Emerging as a…
As with most oil companies, 2015 has been a rough year for Royal Dutch Shell. The Anglo-Dutch company reported a third quarter loss of $6 billion, which included $7.9 billion in impairment charges…
Iran will pitch more than 50 oil and natural gas projects to 335 domestic and international companies at a conference in Tehran on Saturday as it prepares for the end of the economic sanctions and…
Iran has started negotiations to build natural gas storage facilities with Russia, but the two sides have yet to reach an agreement, deputy oil minister revealed on Friday.
"Russians have…
Crude oil futures fell on Wednesday as investor focus shifted back to a deep global supply glut and away from the threat of escalating violence in the Middle East, which pushed prices to two-week…
The establishment of micro-hydro plants is underway in 13 Iranian provinces, with the Energy Ministry planning to localize and expand the micro-hydro technology, an official at the Energy Ministry…
Oil, gas and coal producers are risking $2.2 trillion by investing in projects for which there will be no demand if the world meets a United Nations target of limiting the rise in temperature to…
India's Essar Oil imported 10.2% more crude in October as the private refiner boosted its overall purchases ahead of the start of its Vadinar Refinery after a month-long maintenance, according to…
Preliminary agreements have been reached on the return of the French Institute of Petroleum, also known as IFP, to Iran in the post-sanctions period.
Iran can surpass Qatar’s rate of extraction from the South Pars Gas Field by mid-2016, should the phases come on stream according to schedule, deputy oil minister said on Wednesday.
Russian state giant Gazprom on Wednesday said it halted gas deliveries to Ukraine after Kiev failed to make upfront payments for more supplies.
Western Europe’s biggest oil and gas producer will probably see investments slump by one-fifth next year compared with 2014, when crude hit a peak, as the industry adjusts to considerably lower…
A total 147 heads of state and government have confirmed their attendance of the climate summit due to start in Paris next week, the French government said Tuesday.
The conference, from…
