Ukraine’s government does not plan to exclude Russia from the list of its natural gas suppliers, Prime Minister Arseniy Yatsenuyk told a cabinet meeting Wednesday, adding that Ukrainian government…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
The construction of the Trans-Anatolian natural gas pipeline (TANAP) will start on March 17 in Turkey, said Turkish Minister of Energy and Natural Resources Taner Yildiz.
“TANAP is one of…
IGas, Britain's largest shale gas developer, has signed a £30 million ($45.2m) gas deal with Switzerland's Ineos in a tie-up meant to expand IGas's exploration efforts.
The deal will give…
Currently 94 percent of wind turbine equipment is produced domestically, an official from the Renewable Energy Organization of Iran (SUNA) said Tuesday, ILNA reported.
"Iran is a…
India will protect economic interest of its oil companies from being impacted in the eventuality of US sanctions against them for investing in Iran, Petroleum Minister Dharmendra Pradhan said.
The MAPNA Group has submitted a proposal to the National Iranian Oil Company (NIOC) for drilling in South Pars gas field's Phase 11, expressing readiness to commence operation as soon as the…
Resources of the National Development Fund of Iran (NDFI) are being tapped for development of phases 13, 20, 21, 22, 23, and 24 of the giant South Pars gas field, a senior official from the…
Russia's top natural gas producer Gazprom said on Tuesday that Ukraine's pre-paid volumes of Russian gas would last until March 15, TASS news agency cited the company's spokesman as saying. Under…
Brent crude futures dipped below $57 a barrel on Tuesday as the dollar scaled multi-year highs and the oil market remained hobbled by oversupply and weak demand. Brent was down $1.…
Azerbaijan state energy company SOCAR plans to announce a tender to find a company to conduct a feasibility study on Albania's gas infrastructure plan as part of European efforts to reduce…
The second consignment of the gas condensate from phases 15 and 16 of the giant South Pars gas field will be ready for export within the next few days, contractor of the phases said Monday.
…
Iraq narrowed the discount for April crude deliveries to Asian buyers by the most since November 2011, joining other Middle East producers in raising official selling prices amid signs demand is…
Solar-powered plane Solar Impulse 2 (Si2) took off from Dubai Monday, on the first leg its five-month record-breaking round-the-world flight, CNBC reported.
The plane took off from Abu…
A senior official from the ministry of energy announced plans to establish a technical university in neighboring Iraq, which would specialize in the field of electric power industry and renewable…
Central ethylene petrochemical complexes are facing water crises and should be transferred to coastal regions, said the National Petrochemical Company (NPC)'s projects manager on Monday.
…
Egypt has priced the shale gas expected from a December deal with foreign firms at $5.45 per million British thermal units (mmBtu), Reuters reported on Monday. Egypt signed its first contract to…
The steep fall in energy prices will hit investment in oil and gas projects worldwide and the industry may cancel about $1 trillion of planned projects globally in the next couple of years, Amin…
The Organisation of the Petroleum Exporting Countries (OPEC) secretary-general said on Sunday OPEC and non-OPEC producers should work together to stabilize oil markets, suggesting oversupply could…
Bushehr nuclear power plant's first fuel complex will be inaugurated April 9, said director of the Atomic Energy Organization of Iran (AEOI), Fars news agency reported Sunday.
The drop in shale oil production triggered rebound of prices, KUNA quoted Kuwaiti Oil Minister Ali Al-Omair as saying. Asked about OPEC's last decision to maintain its output, Al-Omair said the…
Trial oil extraction from the Azar oilfield has been carried out successfully, project operator announced Sunday. Keivan Yarahmadi said that Petroleum Engineering and Development Company (PEDEC)…
Iran currently has the highest number of experts in OPEC's secretariat, which might lead to the appointment of an Iranian official as the organization's secretary general, a new report said.
Egypt will highlight a total of 12 petroleum, petrochemicals and minerals projects worth $10 billion to potential global investors at an upcoming economic development summit in Sharm El-Sheikh, a…
China and Russia will seal an agreement later this year on piped gas from Western Siberia, China’s foreign minister said on Sunday, a deal that will continue Russia’s economic shift towards Asia…
The number of transactions in the oil and gas sector in the Middle East decreased from 32 to 12 from 2013 to 2014, a report said, noting that the total value was only marginally down at almost $…
