Iran has ramped up export of petroleum products, registering a record high of 25 million liters of diesel in one day, mostly to India and China, managing director of the National Iranian Oil…
Energy
Turning sewage sludge into fuel has long been a science fiction fantasy of a waste-free world. But researchers at the US Department of Energy’s Pacific Northwest National Laboratory have developed…
The deep job cuts in America's oil patch may at last be healing. For the fourth month running, data from the US Labor Department show employment in oil and gas extraction holding roughly steady,…
Hungarian oil group MOL will invest in new chemical plants to cut its dependence on producing fuel for cars, while also buying more upstream assets and selling goods and services in its petrol…
South Korea's imports of oil from Iran more than doubled in the first nine months of this year from a year earlier after international sanctions on the country were lifted in January, industry…
Iran is competing with Iraq in the production from shared hydrocarbon deposits, as the country has ramped up output from Yadavaran oilfield to 115,000 barrels per day, head of the field's…
Iran’s export of petrochemicals to Europe in the past seven months between March 20 and Oct. 21 doubled compared to the same period in the previous year, director of production control at the…
Expansion and renovation of Tehran's dilapidated power grid needs $3 billion in investment by 2025, managing director of Tehran Regional Electricity Company said.
China has set its 2020 target for installed nuclear power capacity at 58,000 KW and set 2020 target for installed solar power capacity at 100,000 KW, China's Cabinet said on Friday. The growth of…
A memorandum of understanding was signed between the National Iranian Oil Company and Poland's state-run gas company PGNiG on studying the Sumar Oilfield in western Iran.
Iran on Saturday signed the first agreement for cooperation in ITER, a global megaproject aimed to produce clean, safe and theoretically limitless energy from nuclear power.
A tanker leased by the Iranian Offshore Oil Company (IOOC) sank near a drilling rig belonging to Soroush Oilfield in the Persian Gulf on Wednesday. The crew was rescued.
According to an…
A senior energy official said Saturday that Iran is keeping all its options open for tendering the Farzad-B Gas Field because negotiations with India over the drilling rights of the coveted gas…
Regardless of whether OPEC manages to pull off a real deal on curbing production, the oil market is bound to recover in the second half next year, said Ann-Louise Hittle, head of macro oils at the…
OPEC cannot cut oil production alone to stabilize the market, according to the former Saudi Arabian oil minister who masterminded the pump-at-will policy the group adopted two years ago.
Iran exported 2.57 million barrels of oil per day in Oct., the highest since Aug. 2008, data provided by Reuters showed on Friday. It boosted exports by 420,000 barrels per day last month compared…
Egypt raised energy prices on Friday as part of austerity measures aimed at securing a three-year $12 billion International Monetary Fund loan agreement. The price of 92 octane gasoline rose 34.6…
Some of the world’s biggest oil companies will invest $1 billion over the next 10 years to develop technologies to capture and store emissions of greenhouse gases and improve energy efficiency.
Iran has suspended power export to Turkey for not paying the electricity bill that now has reached $200 million, a deputy energy minister said on Friday.
“As long as the dues are not…
OPEC and Russia will probably be able to reach an accord to reduce crude production and boost prices, according to Ed Morse, head of commodity research at Citigroup Inc.
Saudi Arabia and…
Expansion of wastewater networks through 100 new treatment plants is underway but officials say some major projects to supply water to remote areas are facing financial hurdles.
Iran’s Thermal Power Plants Holding Company (TPPH) is planning a tender for domestic and foreign investors to build a combined-cycle unit at Geno Power Plant in south Iran, TPPH’s chief executive…
The chase is on for some of the most prized oil and gas assets in the world, following the lifting of sanctions on Iran earlier this year. The historic deal paved the way for the country to…
Oil prices fell for a fourth straight day on Wednesday, hitting five-week lows, as jittery investors awaited US government data on crude stockpiles after a stunning build reported by a trade group…
The global oil market should be balanced early next year, the president of Saudi Aramco said on Tuesday, after oversupply drove prices to multi-year lows in 2016. "The gap between supply and…
