China is looking for opportunities to increase participation in Iran’s oil and gas development projects, the Middle East director at China’s National Petroleum Corporation said.
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
A day after a multibillion-dollar energy agreement with Total S.A. and CNPC, the first major post-sanctions deal with a western major, Oil Minister Bijan Namdar Zanganeh tried to muster confidence…
The election of Donald Trump as president of the United States will not have an impact on the investments of French oil and gas company Total in Iran, the firm's head of gas, renewables and power…
Britain remains committed to switching from coal-fired power plants to clean energy, a minister told parliament on Tuesday when asked whether the government was considering backtracking on a plan…
With Donald Trump winning the US presidential election, OPEC may have to battle a sourer outlook for the global economy and weaker demand for crude.
It also faces the prospect of increased…
OPEC’s secretary-general warned of prolonged instability in the oil market if the producer group and other major crude suppliers fail to act jointly to limit output and curb a global glut.
Oil reversed early losses of almost 4% to trade above $46 a barrel on Wednesday, as the market recovered from an initial Brexit-like reaction to Donald Trump's surprise victory in the US…
Iran’s power agreement with the Turkish energy company Unit International in June will help improve competitiveness between Iranian and foreign companies in the energy sector, a senior official…
Iran Power Generation, Distribution and Transmission Company (Tavanir) plans to expand cooperation with international electricity companies not only in building gas-insulated substation (GIS…
Iran will announce an international tender for the second development phase of South Azadegan Oilfield in the Persian Gulf, Oil Minister Bijan Namdar Zanganeh said, alluding that Tehran seeks to…
Iran, which wants an exemption from OPEC’s accord to cut production, told the group it raised output by the most since international sanctions were lifted, while Iraq -- also insisting it should…
A group of senior executives from Russia’s Gazprom are expected to visit Tehran in the first week of December to discuss grounds for collaboration in the energy sector, the deputy oil minister for…
OPEC members have been busy looking for ways to get all members of the organization to agree to a production cut, but outside the spotlight, as it turns out, they have been pumping ever-growing…
OPEC reported an increase in its oil production in October to a record high led by members hoping to be exempt from the producer group's attempt to curb supply, pointing to an even larger global…
The National Iranian Tanker Company is planning to renovate its tanker fleet and increase the number of ships to carry liquefied gas cargo, including liquefied natural gas (LNG) and liquefied…
Rosneft PJSC, Russia’s biggest oil producer, said third-quarter profit dropped 77% as a decline in export duties lagged behind slumping crude prices. Net income fell to $400 million from $1.7…
Donald Trump's energy policy, that is likely to focus dramatically on oil and gas production, has prompted environmental activists to stand up to his fossil-fuel friendly…
Oil companies booked tankers to store as many as 9 million barrels of crude in northwest Europe amid signs that space in on-land depots is filling up, a ship-operator said.
According to…
Tehran is in talks with Russian companies on petroleum swap deals, Iran's deputy oil minister for international affairs Amirhossein Zamaninia said.
"Yes, we are," he said when asked whether…
Iran's crude oil futures traded $47.30 per barrel in October, up more than 14% from the average September price of $41.39 a barrel, the Organization of Petroleum Exporting Countries said in its…
Iran's power exchange with Turkmenistan will increase three times the current levels upon the completion and implementation of a 400-kilovolt power transmission line, a deputy energy minister said…
The rise of electric cars has led many analysts to make predictions about the future of the oil industry.
Electricity production from renewable sources in Tehran Province is on the priority list of Tehran Electricity Distribution Company, with one plan calling for power production from solar energy at…
Russia’s energy officials will attend talks with OPEC countries in Vienna on November 26-28 ahead of the OPEC ordinary meeting, Energy Minister Alexander Novak told reporters on Saturday. "One…
President Hassan Rouhani on Sunday launched three oil development projects near the border with Iraq in a visit to the southern oil-rich Khuzestan Province.
