Several years ago, India set what seemed like a lofty target of 175 gigawatts of wind and solar energy by March 2022.
Few believed that was a practical target, but then India plowed…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
A gas pipeline operated by China National Petroleum Corp exploded on Sunday night in Guizhou Province in southwest China, injuring 24 people, with three in critical condition. The blast occurred…
Turkish President Recep Tayyip Erdogan will inaugurate the Trans Anatolian Natural Gas Pipeline (TANAP) on June 12 in central Turkey, the country’s presidency announced on Sunday.
Russia’s oil production increased to 11.1 million barrels per day in the first week of June, far exceeding production limits outlined in a global oil deal, Interfax news agency cited a…
Iranian gas sweetening facilities processed 214 billion cubic meters of natural gas in the last fiscal year (ended March 20, 2018), the National Iranian Gas Company's production manager said.…
Measures should be taken to promote the culture of prudent consumption for optimizing energy use in the country, the National Iranian Oil Company’s managing director said on Sunday.
“…
Exports of petrochemical products generate $13 billion in revenues per annum, managing director of Social Security Investment Company—aka SATA— said.
“SATA’s petrochemical subsidiaries…
The Sixth Iran Gas Trunkline (IGAT-6)–a major component of the national gas grid–will go on stream by the end of the current fiscal that ends in March 2019, the CEO of Iranian Gas Engineering…
Oil Minister Bijan Namdar Zanganeh said on Saturday plans have been devised to lift the country's output capacity by 460 million barrels within three years by recovering the extraction rate from…
National Iranian Oil Company shipped its first crude cargo from West Karoun Oil Block in the southern Khuzestan Province to Spain’s Repsol, an integrated global energy company based in Madrid.…
Pope Francis warned that climate change risked destroying humanity on Saturday and called on energy leaders to help the world convert to clean fuels to avert catastrophe.
“Civilization…
Gazprom Neft, the fastest-growing Russian oil major in terms of output, is ready to hike crude production if the global deal on output cuts is eased, the company's chief, Alexander Dyukov, told…
China National Nuclear Power Company said on Sunday two deals signed with Russian state nuclear company Rosatom for the construction of four nuclear power units in China were worth a combined $3…
Power Generation, Distribution and Transmission Company (Tavanir) plans to save close to 6,000 megawatts of power in the current fiscal year (started March 21) by adopting energy management…
China’s crude oil imports dropped in May from the record high in April, as some major refineries started planned maintenance and as China ordered some independent refiners to reduce operating…
Oil prices fell on Friday as concerns about surging US output and falling demand in China weighed on the contract and JP Morgan cut its price forecast.
Brent crude futures settled down…
A Canadian clean energy company and its founder who is a Harvard professor say that they have developed an affordable way to capture carbon dioxide from the atmosphere and convert it into clean…
OPEC is likely to reject a request by Iran to discuss US sanctions against Tehran at this month’s meeting of the oil producer group, a source familiar with the matter told Reuters.
Drilling operations at Kish Gas Field, the Persian Gulf’s second largest gas field after South Pars, will be completed in winter (ending March 20, 2019), the deputy chief of the National Iranian…
Iran's Research Institute of Petroleum Industry and Sharif University of Technology have piloted a project to indigenize special compressed natural gas tanks, which can help expand the CNG…
Pergas Consortium is ready to fill the gap created by companies that will be forced to leave Iran's oil industry due to US sanctions that are set to return in a matter of…
The outlook for oil is still bullish even if OPEC accedes to US pressure to boost supply, Goldman Sachs Group Inc.’s top commodities analyst said.
Venezuela has begun testing seaborne oil transfers to ease a severe backlog of crude deliveries from its main terminals, according to sources and data, as chronic delays and production declines…
An oil tanker hauling Iranian crude is making the first delivery to Chile in at least 16 years, a sign the Persian Gulf country may be seeking out new customers for its oil in the face of…
Iraq and Iran have not yet begun exchanging crude oil because of technical reasons, Iraqi Oil Minister Jabar al-Luaibi said on Wednesday. Iraq agreed last year to ship crude from the northern…
