A US sale of crude stockpiles from the Strategic Petroleum Reserve shows that other producers cannot raise output enough and will only push prices higher, Iran’s OPEC Governor Hossein Kazempour…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
India is discussing with European Union members to find a way to convince the US that its economic sanctions on Iran will have negative implications for the Indian economy.
Saudi Arabia’s decision to shelve what was billed as the biggest share sale ever is a major blow to the credibility of Crown Prince Mohammed bin Salman but there are other ways to finance…
Utilizing Iranian expertise and importing technology are prerequisites of financing petrochemical ventures, the National Petrochemical Company’s deputy for investment said.
The technical problem curbing the output of premium gasoline, marketed as “super”, in domestic refineries has been alleviated, the head of Iran Gas Station Owners Union said.
Iranian Gas Engineering and Development Company plans to lay over 1,000 kilometers of gas pipelines and link them to the national gas grid in the current Iranian year (started March 21), the…
A large crude carrier with a capacity of 50 million liters of diesel has docked at Chabahar’s Oil Terminal on the Sea of Oman, a senior official at the National Iranian Oil Production and…
The 19th batch of crude oil from South Pars Oil Layer in the Persian Gulf has been successfully loaded, marking the layer's first dispatch operation after the FPSO Cyrus incident in July.
Saving water, creating sustainable jobs, curbing air pollution and minimizing fossil fuel consumption are the most important economic and environmental advantages of harnessing renewable…
Chinese buyers of Iranian oil are starting to shift their cargoes to vessels owned by the National Iranian Tanker Company for nearly all of their imports to keep supply flowing amid the…
When the blades of its 800-kilowatt wind turbine start turning, the small Greek island of Tilos will become the first in the Mediterranean to run exclusively on wind and solar power. This summer…
A shipping revolution and a US plan to impose targeted crude sanctions against Iran are likely to prompt wild swings in oil price over the coming months, Vopak's chief executive told CNBC.
Oil Minister Bijan Namdar Zanganeh said on Monday France’s Total officially left Iran after the United States threatened to reimpose sanctions on companies that do business in the country. “The…
Iraq’s state-run Basra Oil Company and Chevron, an American multinational energy corporation, agreed to begin implementing a memorandum of understanding to develop fields in the south of the…
The Convention on the Legal Status of the Caspian Sea will facilitate Tehran’s energy cooperation with Ashgabat, Turkmenistan, and Astana, Kazakhstan, and help export Iranian oil and gas…
In 2007, following Venezuela’s expropriation of billions of dollars of assets from US companies like ExxonMobil and ConocoPhillips, thinking of potential remedies became undeniable. Since the…
This winter could be a bleak one for America’s natural gas exporters, as the fastest-growing buyer of the fuel threatens to halt purchases amid an escalating trade war.
Esproenko International, which specializes in oil and gas services, announced on Saturday that it will continue its business activities in Iran, irrespective of Washington's sanctions against…
Some members of the Organization of Petroleum Exporting Countries aim to exploit the group by pursuing their political ambitions.
Kazem Gharib-Abadi, Tehran’s ambassador to international…
Imposing higher tariffs on those who exceed fair consumption limits is highly advised for convincing the public to consume electricity prudently so as to prevent frequent power outages, an…
The National Iranian Gas Company’s capacity to export natural gas stands at 75 million cubic meters per day.
Hamidreza Araqi, managing director of NIGC, made the statement in an…
Measures should be taken to expedite joint projects between Tehran and Yerevan in the energy sector, including the third electricity transmission line.
Iran's Deputy Energy Minister…
The National Iranian Drilling Company has commissioned domestic manufacturers to implement 50 contracts on technical services, welding, sandblasting, coloring, overhaul and procuring spare parts…
The United States is prepared to impose sanctions on all countries that continue to buy Iran's oil, including China, after Washington starts reimposing bans on Iran’s energy sector.
French supermajor Total will increase Nigeria’s oil production by 200,000 bpd by the end of the year, a senior official from the local unit of the company said at an industry event, adding that…
