Energy

The First Iran International Gas Show (IRGS 2018) opened on Saturday at Tehran's Shahr-e-Aftab International Exhibition Complex. The four-day event, with a focus on "domestic capabilities,…

Data released by Trade Promotion Organization of Iran show that the country has earned $4.1 billion from electricity exports in the last five fiscal years (March 2013-18). 

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Iran is seeking to extend or renew a $1 billion oil deal with the Swiss giant Vitol Group ahead of the promised return in November of crippling US sanctions, media reported.

 The US administration said on Friday that six companies, including ExxonMobil Corp, Marathon Petroleum Corp and Motiva Enterprises LLC, bought a total of 11 million barrels of oil from the…

Japanese oil companies will stop importing oil from Iran after the US reinstates sanctions on the country.

The Japanese government had attempted unsuccessfully to persuade Washington to…

OPEC oil production has risen this month to a 2018 high as Libyan production recovered and Iraq’s southern exports hit a record, a Reuters survey found, although a cut in Iranian shipments due…

Iraq sees a need to increase crude exports and says it is set to ship more as soon as OPEC agrees how members will share a collective supply boost, according to the acting director general of…

India will definitely not cut off entirely its crude oil imports from Iran, but it expects to have more clarity on its oil purchasing strategy amid the US sanctions on Tehran at a meeting with…

Brazil’s oil regulator ANP has approved the applications of six companies—including BP, Shell and Total—to bid in next month’s oil auction of four blocks in the coveted pre-salt layer.

Iran's LPG shipments loaded, or due for lifting, in August rose by 84,000 million tons versus July to around 568,000 million tons, the highest since the previous international sanctions for its…

OPEC and non-OPEC oil producers will aim to formalize their long-term cooperation later this year by approving a charter that will make possible further joint action on output.

Russia…

The National Iranian Oil Company's exports have plummeted sharply since the beginning of August, as traditional customers like China, Japan and India have curtailed their purchases in view of…

A 10-megawatt solar power plant was launched in Kharameh County, Fars Province, on Friday by a domestic firm, marking the southern province's first-ever solar venture.

The photovoltaic…

Tehran's residents consume 840 million cubic meters of groundwater reserves per annum, 40 mcm more than the aquifers’ annual intake, the managing director of Tehran Province Water and Wastewater…

Iraq will send a delegation to the United States seeking an agreement on financial transactions with Iran following Washington’s reimposition of sanctions on Tehran, Prime Minister Haider al-…

Using nuclear reactors to run seawater desalination plants can be cost-effective in areas straddling the southern coasts of Iran, as they meet most of their potable water demand from nearby…

Projects to connect 10 towns and 1,900 villages across the country to the national gas have been completed and new subscribers will join the grid this week, the National Iranian Gas Company's…

The National Iranian Drilling Company is scrutinizing proposals presented by the Italian giant oil company Eni as well as Russia's Lukoil to undertake drilling projects in Iraq.

Oil prices dipped on Tuesday, weighed down by gradually rising output from producer club OPEC. International Brent crude oil futures were at $76.14 per barrel, down 7 cents from their last close…

The Saudi king spoke and a $2 trillion dream went up in smoke.

For the past two years, Saudi Arabia had prepared to place up to 5% of its national oil company on the stock market,…

France’s oil and gas major Total—one of the few majors without exposure to shale assets—is not thinking of investing in the US shale patch, even after BP moved in to buy assets from BHP in one…

Equinor has raised the resource estimate for its giant oilfield Johan Sverdrup in the North Sea and said it was able to drive development costs for the project further down.

OPEC and its Russia-led non-OPEC partners in the production cut deal reduced their total oil production in July by 9% more than what they had agreed upon, said two sources familiar with the…

A senior executive at Sinopec, China’s largest refiner, said on Monday some of its refineries will be negatively affected if it stops importing Iranian crude, in the first public comment by a…

Industrialists are planning to fund the project to transfer water from Oman Sea to the drought-hit Yazd Province in central Iran, which is the most realistic option to help supply water.