Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
July 21, 2023 17:55
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February 28,2018By 2040, the Middle East will remain a large net energy exporter and the world’s largest oil exporting region, but it will lose share as an LNG exporter, according to the 2018 BP Energy Outlook. -
February 28,2018Oil prices fell on Wednesday as weak Chinese and Japanese industrial data triggered concerns of an economic slowdown that could lower oil demand, while an industry data report showed an increase in...
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February 27,2018Term buyers of Iran's South Pars condensates have not received any cuts to their 2018 allocations despite the start of Phase 2 of Iran's Persian Gulf Star Refinery two weeks ago, term buyers and...
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February 27,2018Transforming the port of Jask in the southern Hormozgan Province into a major oil terminal is a strategic step to expand Iran's oil export capacity, the chief executive officer of Iran's Petroleum...
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February 27,2018French oil major Total is interested in bidding to build the greenfield 150,000 barrels per day Nassirya Oil Refinery in Iraq, according to two sources familiar with the matter. Last year, the...
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February 27,2018The United States will overtake Russia as the world’s biggest oil producer by 2019 at the latest, the International Energy Agency said on Tuesday, as the country’s shale oil boom continues to upend...
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February 27,2018Supplying natural gas as feedstock to two power plants in Konarak, Sistan-Baluchestan Province, and Sarakhs, Khorasan Razavi Province, requires the Energy Ministry’s cooperation in converting...
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February 27,2018Eight new oil desalting projects in the southern oil regions went on stream, managing director of the National Iranian South Oil Company said. "The initiative were aimed at a variety of goals,...
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February 27,2018Anglo-Dutch major Royal Dutch Shell projects that the global liquefied natural gas markets may...
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February 26,2018Two tripods for the flare stacks of the South Pars phases 23 and 24 are ready to be installed in the Persian Gulf, the director of phases 22-24 said. Farhad Izadjou added that the equipment will...
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February 26,2018Iran's oil and gas industry cannot experience a turning point in attracting foreign direct investment unless it reduces investment risk by normalizing its relations with the world. Mehdi Asali,...
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February 26,2018ONGC Videsh Ltd has opted to invest in developing a giant gas field in the Persian Gulf, for which a revised cost is being worked out, an unnamed official said.
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February 26,2018Investment to launch development ventures in Mahshahr Special Petrochemical Economic Zone in Khuzestan Province has exceeded $17.8 billion, creating jobs for close to 3,000 people, managing...
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February 26,2018The National Iranian Drilling Company, a subsidiary of National Iranian Oil Company, is making every effort to secure its footprints in the oil- and gas-rich Iraq to expand its activities there....
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February 26,2018Oil steadied around its highest prices in three weeks on Monday, supported by comments from Saudi Arabia that it would continue to curb shipments in line with the OPEC-led effort to cut global...
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February 26,2018A plan to truck oil from Iraq's northern Kirkuk fields to Iran cannot be fully implemented at this stage due to security concerns, the head of Iran-Iraq Chamber of Commerce said on Monday.
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February 25,2018The first flare stack of South Pars Gas Field's Phase 14 in the Persian Gulf lit up on Saturday, the director of the phase said. "Platform SPD-A14, one of the phase's main platforms, is now...
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February 25,2018In lines with efforts to provide the country's far-flung and underprivileged regions with natural gas, plans have been devised to lay 1,400 kilometers of pipeline in Sistan-Baluchestan Province in...
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February 25,2018Libya’s oil exports from the Mellitah terminal will be modified after protests disrupted production at the key El-Feel deposit for the first time in two months, putting the OPEC nation’s crude...
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February 25,2018Venezuelan President Nicolas Maduro promised on Saturday to recover 70% of the country’s lost oil production in the first half of 2018. “I can tell you, the unprecedented injustices led to an...
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February 25,2018Peak electricity consumption in the capital Tehran has increased by over 1,000 megawatts in the past two years, the managing director of Tehran Regional Electricity Company said. “Peak demand for...
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February 25,2018Post Bank of Iran has signed a trilateral memorandum of understanding with domestic companies on development of power plants. The agreement was signed with Solar Power Plant Project Management...
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February 25,2018The Nord Stream 2 project will begin the process of attracting additional financing in the next couple of months, Chief Financial Officer Paul Corcoran told Sputnik on Thursday. "We are starting...
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February 25,2018US oil production has topped 10 million barrels per day, approaching a record set in 1970, but many investors in the companies driving the shale oil revolution are still waiting for their payday....
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February 24,2018Heightened concerns over the shortage of natural resources and the importance of finding proper substitutes necessitate greater attention to renewable energies, a senior energy official said. "...
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