Russia’s Gazprom has confirmed its receiving another advance payment of $32 million from Naftogaz of Ukraine for May gas supplies. It’s Ukraine’s third installment this month, and brings the total…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
The $45 billion Southern Gas Corridor project will be able to supply neighboring and European countries with energy for 100 years once completed, said Ilham Aliyev, president of Azerbaijan on…
Prior to the expansion of oil and petrochemical industries in the (Pars Special Energy/Economic Zone) PSEEZ, the oil ministry had to pay for all the expenses, but now that most complexes are owned…
Hundreds of people in kayaks and small boats have staged a protest in the north-western US port city of Seattle against oil drilling in the Arctic by the Shell energy giant, BBC reported Sunday.…
The oil ministry will provide the first list of domestic manufacturers of products and equipment used in oil and gas projects in the first half of the current Iranian calendar year (began March 21…
A preliminary agreement has been signed between Iran and the UAE for export of compressed natural gas (CNG) to the Arab country, said deputy managing director of the National Iranian Oil…
The National Petrochemical Company (NPC) will invest a total of $17.5 million for implementation of environmental projects by petrochemical complexes during the Sixth Five-Year Economic…
The director for international affairs at the National Iranian Gas Co. Azizolah Ramezani, said Sunday, “Afghanistan is a potential and lucrative market for Iran’s gas and it is very…
Development of the offshore sector of Phase 14 of South Pars gas field in the Persian Gulf is approximately 60 percent completed, following the installation of the Phase's fourth jacket in the…
OAO Rosneft, Russia’s largest oil producer, has taken control of an exploration venture in the Brazilian Amazon in a deal valued at $55 million, chief executive officer Igor Sechin said. Rosneft…
The Organization of Petroleum Exporting Countries (OPEC) is trying to reach a deal to stabilize world oil prices, Venezuelan President Nicolas Maduro said. Oil markets will stabilize, "not only…
Amid warnings that levels of global greenhouse gases are rising The World Bank released a report aimed at eliminating net CO2 emissions by the year 2100.
Entitled the “Three Steps to a Zero…
An oil leak that occurred when an offshore platform toppled during Hurricane Ivan in 2004 has continued to spill oil into the Gulf of Mexico – and could keep leaking for another 100 years,…
Khodad Gharibpour, director of the Shazand Petrochemical Co. said on Thursday, “In spite of the crippling sanctions and international restrictions, the biggest compounding complex in his company…
Oil extraction from the Forouzan Oilfield in the Persian Gulf will increase when the installation of its offshore platform is completed by spring 2017, offshore deputy of the Iranian Offshore…
Unlike South Korea whose oil import from Iran saw a decrease, according to a report released by the Indian Customs Administration on oil trade, India's oil import from Iran rose 17.5 percent in…
Habib Jadidi, the director of South Pars Phase 13 development operations said, "We want neighboring countries to cooperate on handing over of the Alpine Eternity oil tanker because the tanker is…
There are plans to lower the Tabriz Refinery's mazut production to around 10 percent by the next 10 years, the refinery's member of the board said, Shana news agency reported Saturday.
Indonesia's energy minister said yesterday that President Joko Widodo agreed to a plan for the country to rejoin Opec, seven years after Southeast Asia's biggest crude producer left the oil…
Venezuela is pushing for a new agreement between OPEC and non-OPEC nations to stabilize oil prices, President Nicolas Maduro said on Friday, in the most serious indication yet of a renewed drive…
US oil producers appear to have lost their battle with OPEC (Organization of the Petroleum Exporting Countries) over market share, but the war is only just beginning, the International…
The primary issue discussed with Iran's potential natural gas customers is the price, managing director of the National Iranian Gas Company (NIGC) said Wednesday.
Shirzaz and Mahshahr oil storage tankers, with a capacity to store 470 million liters (ml) of oil equivalent, will go on stream by May 24 boosting Iran's oil product storage capacity, Shana news…
Iraq plans to export a record volume of crude from its southern ports in June, as it splits its production into two grades for the first time to resolve quality issues, TradeArabia reported.
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The Siah Bisheh Pumped Storage Power Plant's total electricity output cannot be added to the national power grid due to complications in transmission, Arash Kordi, managing director of the Iran…
