Iran is the third leading country in dam construction, operating projects in 40 countries, said deputy energy minister Sattar Mahmoudi, ISNA reported.
Thirty Iranian firms have undertaken…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
An oil find by Statoil is much bigger than earlier thought and the find could be tied into the Grane field, said the company, Reuters reported. The discovery, first proven in 1992, contains…
Russia's Gazprom has increased its investment program for this year by 220 billion roubles from the previous plan to 1.026 trillion roubles ($25 billion),the company said, Reuters reported. It…
Saudi crude exports fell in August for the fourth month in a row to their lowest levels in three years, official data showed on Monday, as the top oil exporter fights for market share amid weak…
A Kuwaiti oil trade union on Sunday condemned the unilateral closure by Saudi Arabia of an offshore oilfield jointly operated by the Arab neighbours, calling on the government to intervene.
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Ukraine has saved some $500 million on replacing Russian gas supplies with reverse flows from Europe, Ukrainian Prime Minister Arseniy Yatsenyuk said, RIA Novosti reported.
The National Iranian Oil Company (NIOC) revoked a deal with Russian firm NPO Geliymash Joint Stock Company to establish a helium production plant, Tasnim news agency reported.
The break-even price for the coming Iranian year's (Starting March 2015) budget might be around $70 a barrel, Mehr news agency quoted an official in the oil ministry as saying. Yet, oil prices are…
Iran's oil, gas and petrochemicals exports by the private sector have increased by 20 percent in the March-September period compared to the same time last year, said Hamed Vahedi, chairman of the…
The ninth exhibition of oil, gas and petrochemical industries and HSE opened in the southern city of Shiraz on Sunday. The event will run until Wednesday, Shana reported. The exhibition puts on…
The Iranian and Armenian energy ministers agreed on the construction of a new power transmission, Tasnim reported. At a meeting held in Tehran on Saturday, Hamid Chitchian and his Armenian…
Iran holds 21 percent of the Middle East’s petrochemical market, said the deputy oil minister and managing director of the National Petrochemical Company (NPC).
Abbas Shari-Moghadam stated…
Amir Ali Hendjani, the managing director of 'Rock Petroleum' oil investment company said "if Iran reaches an agreement with Group 5+1 and sanctions are eased, big oil companies would be willing to…
The oil ministry denied a recent report suggesting that Tehran has unilaterally ended government-to-government cooperation agreement with Pakistan on a gas pipeline project, saying that despite…
To help curb air pollution, power stations and industries have been instructed to use gas instead of mazut and diesel fuel in the coming winter, said deputy oil minister and managing director of…
Russian President Vladimir Putin said Europe should help Ukraine pay upfront for natural gas to guarantee steady winter supply, Bloomberg reported.
Iran and China reached an agreement, based on which, the latter will supply 50 percent of equipment in joint petrochemical projects in Iran, deputy oil minister and managing director of the…
Iran's former representative in the Organization of the Petroleum Exporting Countries (OPEC) called on OPEC to take action against falling oil prices, Fars news agency reported.
Seyyed…
Head of the Association of Petrochemical Industry Corporation (APIC) said that in future two factors, water supply and ease of exports will have to be taken into account when planning…
Libya is producing more than 800,000 barrels a day of oil, Prime Minister Abdullah Al Thinni said. He also said that Libya oil revenues were under control of his government. Thinni's government…
An average of 73 million liters of gasoline and 56 million liters of diesel fuel are supplied to fuel stations every day, said Seyyed Naser Sajjadi, managing director of the National Iranian Oil…
It was to be expected. India’s coal imports in September zoomed up by 19% to 16 million tons as compared to a year ago, no thanks to low output from the state-run Coal India Ltd (CIL),…
From small villages to big cities, wherever you go in Kazakhstan these days, billboards offer reminders that Astana is gearing up to host Expo 2017, the next World’s Fair. Kazakhstan helped secure…
With oil and gas production accounting for about half of Oman’s gross domestic product (GDP), the energy sector plays a crucial role in the sultanate, not only as a source of government revenues…
Iran has unilaterally ended the government-to-government cooperation agreement with Pakistan, a measure which makes the Iran-Pakistan (IP) pipeline project unfeasible.
