Energy

Renewable energy demand and capacity are growing explosively. When looking at numbers for wind energy production, China stands above all other countries. Figures released by the Global Energy…

Pipe laying to expand crude oil and derivatives supply is expected to be completed soon, chief executive officer of the National Iranian Oil Refining and Distribution Company said. "The 400-km…

OPEC is set to scrap its planned meeting in April and decide instead whether to extend oil output cuts in June, when the market will be able to assess the full impact of US sanctions on Iran and…

Oil refiners are getting ready for a boom. The plants in Europe and the US are scaling back planned maintenance later this year in anticipation of a surge in demand and fatter margins as the…

Oil Minister Bijan Namdar Zanganeh said the National Iranian Oil Company will start exporting crude from the port of Jask in southern Hormozgan Province in 2021.

"NIOC will start using…

Energy Minister Reza Ardakanian on Sunday broke ground for three desalination units in Bushehr Province off the Persian Gulf as part of plans to provide the southern province with potable water…

The UK’s crude oil loadings remained below 800,000 barrels per day for the third month in a row in February, while authorities expect Britain’s crude production to decline through at least 2024…

Investments needed to ensure stability in the global oil industry are returning after a downturn, but the pace is still slow, OPEC Secretary General Mohammed Barkindo said. Barkindo was talking…

Pipe laying work to connect South Pars Gasfield onshore refineries in Asalouyeh to the ninth Iran Gas Trunkline (IGAT-9) is almost complete.

Four phases of the giant South Pars Gas Field off the Persian Gulf were officially launched Sunday in the presence of President Hassan Rouhani and Oil Minister Bijan Namdar Zangeneh. Speaking…

The government and Majlis have completed feasibility studies on a project to transfer water from the Oman Sea to five provinces, a member of Majlis Urban Affairs Commission said.

Total precipitation since Sept. 23, when the current water year started, shows a 122% rise compared to the corresponding period last year, reducing to some extent the huge water deficit…

Islamabad appreciates Tehran's efforts to provide it with electricity and is hopeful of renewing its power import agreement.

The Petrochemical Research and Technology Company has started providing domestic petrochemical companies with SAC500 catalyst to augment production of value-added goods, the managing director…

More than 700,000 transformers are used in the domestic power distribution network and according to statistics one-third are worn out and need to be replaced, a member of Iran Electricity…

The United States is likely to renew waivers to sanctions for most countries buying Iranian crude, including the biggest buyers China and India, in exchange for pledges to cut combined imports…

Five people were killed and six injured on Thursday in a gas pipeline explosion in southwestern Khuzestan Province, Ahvaz governor said. "Gas leakage from a pipeline that linked the gas network…

OPEC’s secretariat urged oil producers to keep going with efforts to prevent a surplus this year as supplies from their rivals increase faster than world demand. Key OPEC members and their…

The oil market will flip into a modest deficit from the second quarter of this year, with OPEC possessing a hefty supply cushion to prevent any price rally in case of possible supply disruptions…

Gasoline consumption is expected to rise by 22% in the Nowruz (Persian New Year) holiday season, managing director of the National Iranian Oil Products Distribution Company said Friday.

National Iranian Oil Company is discreetly scouring the globe for second-hand oil tankers to replace its ageing fleet and keep crucial crude exports flowing as US sanctions start to bite,…

State-owned National Iranian Oil Company has raised the official selling price differentials for all of its four crude oil grades loading in April and headed to Asia, a company source told S…

OPEC is sending a clear message to Wall Street banks and big investors: If Washington passes legislation that would allow the US government to sue the organization; the first victim will be…

Phase 13 of South Pars Gas Field which will fully come on stream by the end of March can generate $5 million in revenues per day, director of the project said Wednesday.

The power industry has a better performance compared to other sectors when it comes to exporting technical and engineering services, vice president of Iran Electrical Industry Syndicate said. “…