Energy

Oil prices edged lower on Monday as data showed Saudi Arabian exports fell to the lowest in five months despite record output, while a resurgence in US drilling activity seen earlier this month…

French energy company Total is eying liquefied natural gas and oil projects in Iran, Russian business daily Kommersant cited Total’s chief executive Patrick Pouyanne as saying.

Schlumberger NV, the world’s number one oilfield services provider, said it would look at returning to Iran.

“As soon as it is permissible, we will evaluate going back in,” chief executive…

Russia and OPEC Secretary-General Abdullah al-Badri will discuss oil markets and the Iran situation in Moscow on July 30 amid sliding oil prices, Russian Energy Minister Alexander Novak said.

South Africa is looking forward to resuming trade with Iran, including oil imports, once sanctions are lifted following a nuclear deal between Tehran and six majors powers, the foreign minister…

An Iranian supertanker with two million barrels of oil is heading to Asia, the first vessel to sail after a nuclear deal this week, data showed on Thursday.

Iran and six major world powers…

Managing Director of Petropars Company Mohammad Javad Shams said Sunday cooperation with Venezuela in oil projects, which declined due to sanctions, will be resumed in the near future.…

The return of oil from Iran following the landmark nuclear energy deal with world powers could create fresh tensions within OPEC but may reinforce the organization’s output strategy, analysts say…

Iran will soon begin talks with India on finalizing a mechanism to recover more than $6.5 billion in oil dues held by Indian refiners, Iran’s envoy to India said on Friday after western powers and…

Mexico holds on Wednesday the first oil auction of a historic energy reform that reopens the industry to foreign investors, with US, European and Asian firms jostling for contracts.

Critics of fracking have long pointed to the prodigious use of water in the fracking process as one of the reasons to be against the controversial procedure, which props open layers of shale rock…

Oil prices increased on Wednesday as investors recognized it would take time for Iran to ramp up oil exports after its nuclear deal with six world powers, although an ongoing global crude glut…

Natural gas made Qatar’s citizens the richest in the world within a generation. Even with bigger fuel reserves, Iran should do its best to follow the neighbor’s path.

Pakistan is also among the winners of the deal to curb Iran’s nuclear program.

A gas pipeline between the neighboring countries first discussed in the 1990s will finally become a reality,…

Based on a contract signed with the agriculture sector, on condition that farmers do not use electricity to run water pumps during the peak hours (12 to 4 p.m.), they will be granted free …

US gas trader TrailStone intends to enter the Ukrainian market in autumn, Ukraine's Naftogaz said in a statement on Tuesday. The Ukrainian company says Bill Gebhardt, senior partner of the…

Oil major Shell said it is interested in doing business in Iran and engaging with relevant governments to understand the impact of a nuclear deal reached between six major world powers and Iran.…

Oman’s renewable energy industry is set to get a boost with seven more solar power projects planned in the sultanate.

Natural gas overtook coal as the top source of US electric power generation for the first time earlier this year, a milestone that has been in the making for years as the price of gas slides and…

Two blasts have rocked a petrochemical plant in Bouches-du-Rhone department in southern France, authorities say. The explosion occurred close to Marseille Provence Airport, the fifth-busiest in…

Techsnabexport, a wholly-owned subsidiary of the Russian state company Rosatom, has made a pilot shipment of uranium products to Germany and Sweden through the Baltic Sea port of Ust-Luga, RT…

Britain's National Grid has awarded contracts totaling €1.5 billion  ($1.7 billion) to companies involved in building the first electricity link between Britain and Norway, it said on Tuesday…

The oil produced in Iran is neither ultra heavy nor ultra light, because of which it has its own traditional customers. Consequently, the rise in supply or decline in demand will not affect Iran's…

The nuclear accord reached in Vienna on Tuesday could eventually reshape global oil markets. After almost two years of talks, the holder of the world’s fourth-biggest crude reserves will…

Shale fields that powered the US energy renaissance will suffer the biggest drop in output since the boom began after companies pulled more than half their drilling rigs.