The overseas oil and gas production of China National Petroleum Corporation rose 10% year-on-year in the first quarter of 2019. Production came in at 26.09 million tons of oil equivalent in the…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
The pact between OPEC, Russia and its allies is "here to stay," a longtime adviser at Saudi Arabia's energy ministry said, playing down concerns that the alliance could end given Russia's…
Oil production at joint oil fields in West Karoun region bordering Iraq has been reduced by 6% as a precautionary measure to prevent environmental damage in the area, the managing director of…
The National Iranian Oil Refining and Distribution Company has so far received no order from the Oil Ministry to raise gasoline prices or reintroduce the gasoline rationing system that ended in…
Turkey "expects" the President Donald Trump administration to grant it waivers from the US related to its purchases of Iranian oil, a top aide to Turkish President Recep Tayyip Erdogan said on…
Thermal power plants are preparing for the coming summer when consumption reaches its peak, director of planning at the Thermal Power Plants Holding Company said. “All thermal power plants will…
Iraq is set to build an oil refinery of 150,000 barrels per day processing capacity in the northern city of Kirkuk, according to Iraqi Oil Minister Thamer Ghadhban. The ministry…
Bid Boland Gas Refinery in southwestern Khuzestan Province will be fully operational in the second half of the year, the managing director said Tuesday. “Upon completion it will daily produce…
In 2018 US export of crude oil rose to 2.0 million bpd, nearly double the 1.2 million bpd rate in 2017. Export volumes by destination changed significantly during the year, as US crude…
Turkmenistan has resumed natural gas exports to Russia after a three-year suspension, Russian gas giant Gazprom said on Monday, confirming a report by Turkmen news website Orient.tm. “Supplies…
An estimated 1,690 five megawatt photovoltaic power stations will become operational next month in Kerman Province, the deputy manager of the provincial Electric Power Distribution Company said…
The proposal to transfer water from the Caspian Sea in the north to the drought-hit central plateau has been approved by the Majlis and the related desalination project is having a pilot run,…
Oil Minister Bijan Namdar Zanganeh said Monday US sanctions on Iran and Venezuela plus the renewed military conflict in Libya are contributing to instability in the international oil…
The National Petrochemical Company's export revenues reached $10.6 billion in the last fiscal year (ended March 20), said the head of Nouri Petrochemical Company in southern Bushehr Province. "…
The pipeline through which Iran’s gas is exported has not been damaged by the recent floods, director of gas distribution at the National Iranian Gas Company said. “The pipeline, which passes…
Snow cover in the western and northwest mountain basins has witnessed a 20% rise compared to last year. According to ISNA, snow has covered almost 275,000 kilometers in Iran and when it starts…
South Pars Gas Complex produced 250 million barrels of gas condensates in 2018, managing director of the major gas complex said Saturday. "Output showed 5% or 9 million barrel growth in 2018…
The administration of President Jair Bolsonaro plans to auction seven offshore oil fields in the northeast despite contrary advice from analysts of Brazil's main environmental body, according to…
Associated petroleum gas burning out of 10 gas refineries operational at the giant South Pars Gas Field off the Persian Gulf decreased by 21.6% last year compared to the year before.
Crude oil and gas condensate loading from Iranian oil terminals, namely Kharg in the Persian Gulf, increased 12% to 1.70 million barrels per day in March, the highest since last October. "Major…
The finance department of government-affiliated Power Generation, Distribution and Transmission Company (Tavanir) said the company settled $750 million of its debt to private power companies,…
China will give priority to the construction of wind and solar projects that can operate without subsidies this year, and will cap new subsidized capacity, the energy regulator said, part of…
First phase of the first geothermal power plant will be launched in winter, the managing director of Thermal Power Plants Holding Company said at the weekend.
Flash floods during the past three weeks in the west and southwest are taking a toll on oil production in oil-rich Khuzestan Province, the National Iranian Oil Company's deputy managing director…
The global oil market is tightening due to sharp production falls in Saudi Arabia and Venezuela, the International Energy Agency said Friday, but cautioned there are still "mixed signals" over…
