Oil prices rose on Wednesday after a report of a decline in US crude inventories and looming sanctions against Iran raised expectations of tightening supply, while top producer Russia warned of…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
US Energy Secretary Rick Perry met with his Saudi counterpart, Khalid al-Falih, on Monday in Washington, the US Energy Department said. Perry and Falih discussed the state of world oil markets…
The UN’s nuclear agency on Monday said the global capacity for electricity generation through nuclear power may shrink over the coming decades.
In a new report, the International Atomic…
India will be looking at the economics—and not the politics—of importing US crude oil, and Indian imports of American oil should not be seen as a replacement for Iranian barrels, India’s…
Iraq replaced Saudi Arabia in August as the top oil supplier to India, data from industry and shipping sources showed, as refiners turned to Iraqi barrels to compensate for a lower intake of…
Oil prices rose on Tuesday as US sanctions squeezed Iranian crude exports, tightening global supply despite efforts by Washington to get other producers to increase output. Benchmark Brent crude…
Although President Hassan Rouhani has granted permission to Oil Minister Bijan Namdar Zanganeh to sell oil with a discount, such a strategy cannot serve Iran's national interest, the country's…
Operations to connect the second major pipeline of South Pars Gas Field's Phase 13 in the Persian Gulf to onshore facilities have been completed, the director of Phase 13 development project…
The private sector has signed 22 water and wastewater deals with the Energy Ministry to develop less privileged areas in the southern Hormozgan Province.
Efforts are being made to extend compressed natural gas network in the country, as the number of stations has exceeded 2,400. According to IRNA, 11 new stations were completed all over the…
Within 20 years, oil use will have long since peaked, renewables and natural gas will account for about half of energy supply and the cost of keeping the lights on will plummet. But that…
Oil prices rose on Monday as US drilling for new production stalled and the market eyed tighter conditions once Washington’s sanctions against Iran’s crude exports kick in from November.
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Iraq is pumping crude at record levels and the violent street protests that engulfed the oil-rich south have not affected energy facilities in OPEC’s No. 2 producer. The country’s crude exports…
Qatargas said on Monday it had agreed on a 22-year deal with PetroChina International Company, a unit of PetroChina Company, to supply China with around 3.4 million tons of liquefied natural gas…
South Korea has become the first of Iran’s top three oil customers to fulfill a hard-line US demand that buyers cut imports to zero.
The Asian nation did not import any crude from Iran…
Efforts are being made to stop using diesel as feedstock in the southern Sistan-Baluchestan Province's power plants by the end of the current fiscal year that ends in March 2019, the head of…
The US oil output cannot replace Iranian crude in the international markets following sanctions imposed on Iran’s key sector that are due to take effect on Nov. 5, the Oil Ministry’s former…
Tehran Regional Electricity Company has planned to hold a tender to develop 167 substations in the capital city, the head of the company said on Monday.
Oil Minister Bijan Namdar Zanganeh said no refunds will be provided to the French giant Total for its investments in Phase 11 of the giant South Pars Gas Field in the Persian Gulf until the…
An Iranian lawmaker dismissed the US claims on cutting Iranian oil exports to zero by November and likened Washington's efforts to flogging a dead horse.
"Iran has been targeted by…
Currently, there is no need to establish a consortium of domestic urea exporters, as there is an implicit coordination among major companies active in the industry, the managing director of…
The completion of Iran-Pakistan Gas Pipeline Project—aka Peace Pipeline—will lead to fundamental economic changes in Pakistan.
Iranian Ambassador to Pakistan Mehdi Honardoust made the…
Turkmenistan has inaugurated a large gas-powered electricity plant that is expected to sell about 3 billion kilowatt-hours of power a year to Afghanistan and Pakistan.
Mexican President-elect Andres Manuel Lopez Obrador said on Saturday that crude production in the country is expected to reach at least 2.6 million barrels per day by the end of his…
Electricity had been restored to almost all customers in the northern Japanese island of Hokkaido by early Saturday, two days after an earthquake caused an island-wide blackout and killed at…
