China’s crude oil imports rose 6.5% in August from a month earlier to their highest since May, boosted by a rebound in demand from smaller, independent refiners, customs data showed on Saturday…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Focusing on energy swap operations in the Caspian Sea is much more cost-effective than extracting oil and gas from its deepwater hydrocarbon deposits.
To export liquefied natural gas, Iran needs investment, modern technology and sustainable output, rapporteur of the Majlis Energy Commission said.
“Production of LNG should…
Oil Minister Bijan Namdar Zanganeh, in a statement issued this week, has assigned the National Iranian Oil Refining and Distribution Company with the project to build the fourth phase of Persian…
To curtail the flaring of natural gas in fields shared with the western Arab neighbor, operations are underway to complete Azar Oilfield's gas installations, located in Anaran Block bordering…
Led by Asia and the Middle East, the global petrochemicals market capacity is poised to grow from 1,547.2 million tons per annum in 2017 to 1,931.5 mtpa in 2026, a leading data and analytics…
Russia will export more crude beginning in September, with most incremental exports targeting Europe, according to ESAI Energy, an energy research firm in the US.
Its higher exports will…
Chinese officials and executives of ExxonMobil Corp discussed a $10 billion investment by the US-based firm in the southern province of Guangdong, Reuters quoted Chinese state television's…
An OPEC and non-OPEC technical committee will next week discuss proposals for sharing an oil output increase, sources familiar with the matter said, a tense topic for the producer group after it…
Every time Roger Federer enters a Center Court to play a competitive match, there is always a packed crowd. But when he does not play, in most of the cases the difference is notable.
China's crude imports from Iran are likely to have peaked in August at 874,000 barrels per day ahead of the looming reimposition of US sanctions in November, according to S&P Global Platts'…
World oil consumption will reach 100 million barrels per day later this year, hitting that level much sooner than previously forecast, OPEC’s secretary-general said.
Mohammad Barkindo…
China has more solar energy capacity than any other country, at a gargantuan 130 gigawatts. If it were all generating electricity at once, it could power the whole of the UK several times over…
The world’s largest offshore wind farm opened on Friday off the northwest coast of England when Danish energy group Orsted unveils the Walney Extension project. The wind farm has a capacity of…
Washington will consider waivers for Iranian oil buyers such as India but they must eventually halt imports as sanctions are imposed on Tehran, US Secretary of State Mike Pompeo said.
Some 2,400 projects are underway in water, wastewater and power sectors across the country, which have progressed by 60% on average.
Energy Minister Reza Ardakanian made the statement on…
In line with plans to boost gas output from South Pars Gas Field in the Persian Gulf, the second offshore platform of the field’s Phase 14 was installed with flying colors.
Iranol Oil Company, a major local motor oil producer, has launched a new export terminal at Imam Khomeini Port in the southern Khuzestan Province.
According to Isa Es'haqi, managing…
Oil prices fell on Wednesday as a tropical storm hitting the US Gulf Coast weakened and had a lower impact on production than initially expected. US West Texas Intermediate crude futures were at…
Oil Minister Bijan Namdar Zanganeh said Iran’s annual ethane production has increased by 60% over the course of four years to March 2018, amounting to 6 million tons, and is slated to observe a…
Saudi Aramco awarded on Tuesday to Baker Hughes the first integrated services contract for capacity expansion of its large offshore Marjan Oilfield, the Saudi firm’s biggest upstream development…
The world’s top oil buyers are discovering that US sanctions on Iran will squeeze their trade flows whether they agree with America or not.
It was only about three months ago that India’…
Iran plans to move its main oil export terminal from the Persian Gulf to a terminal in the Sea of Oman, AFP quoted Iranian President Hassan Rouhani as saying.
Oil Minister Bijan Namdar Zanganeh said Iran’s annual ethane production has increased by 60% over the course of four years to March 2018, amounting to 6 million tons, and is slated to observe a…
Dehdasht Petrochemical Industries Company and Nargan Company, as the contractor, signed an agreement on building a heavy polyethylene production plant in the city of Dehdasht, Kohgilouyeh-…
