Iraq's debt to Iran for electricity imports has reached $1 billion, deputy energy minister said on Wednesday.
“Although plans had been made to help Iraq settle its massive debts by monthly…
Energy
As Iranian oil returns diminish, Scotland's businesses look for new opportunities through energy connections.
Scottish businesses are preparing to increase links with Iranian companies in…
Iran boosted crude oil exports by 240, 000 barrels per day last month to 2.4 million bpd, a new high after the lifting of sanctions in January, Oil Minister Bijan Namdar Zanganeh said.
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The world's top oil companies are joining forces to create an investment fund to develop technologies to promote renewable energy, as they seek an active role in the fight against global warming,…
Iran will turn into a gasoline exporter by October 2017, when its giant Persian Gulf Star Refinery in the southern port city of Bandar Abbas comes on stream, the managing director of the National…
An OPEC deal to cut oil output at a meeting this month is looking increasingly unlikely, with failure warranting prices in the low $40s, according to Goldman Sachs Group Inc.
Oil edged up from one-month lows on Tuesday following its largest one-day slide in more than five weeks, although analysts said the prospect of a more substantial price recovery was limited.
The biggest fuel pipeline in the US shut its mainlines on Monday after an explosion and fire in Alabama that killed at least one person.
Colonial Pipeline Company, which carries refined…
A deputy oil minister said on Tuesday that much of the hassle associated with cashing in on crude oil revenues has been eliminated, as Iran continues its quest to recapture the market share it…
Iran has resumed gas exports to Turkey after Botas, the country's state oil and gas company, said it is ready to import gas from Iran, the National Iranian Gas Company's spokesman said.
Iran continues its quest for new crude buyers, especially in Europe, but its loyal customer base will continue to hinge on countries like India and China, whose demand for Iranian crude has…
Iran will not compromise on its oil production under an initiative led by the Organization of Petroleum Exporting Countries to cut supplies for propping up prices, the head of the National Iranian…
The 16th International Electricity Exhibition of Iran is scheduled to be held in Tehran from November 5-8. According to officials, 350 domestic and 295 foreign companies from 21 countries will…
Oil prices slid on Monday after non-OPEC producers made no specific commitment to join OPEC in limiting output levels to prop up prices, suggesting they want the oil producing group to solve its…
A hospital in the northeastern state of Anzoategui, Venezuela, was evacuated last week following an explosion and a fire that engulfed an oil refinery located nearby, local media have reported.
Imports of Iran's crude oil by four major buyers in Asia in September jumped more than 70% from a year ago, as the producer continued to recoup market share lost under sanctions.
The Persian Gulf Petrochemical Industries Company aims to increase petrochemical exports to European markets by 40% in the coming months, the chief executive of PGPIC said on Friday.
A senior energy official said Iran has the potential to break into the global liquefied natural gas market, despite years of stalemate in LNG projects and a significant gap in production compared…
The installation of an offshore platform for gas extraction from Phase 20 of South Pars Gas Field in the Persian Gulf started on Monday in line with plans to fast-track gas production from the…
General Electric Company agreed to combine its oil and gas business with Baker Hughes Inc., creating an industry giant with a broader suite of offerings amid the ongoing slump in crude prices.
China’s oil output slump shows no signs of abating, as the country’s state-run energy giants hold back spending to cope with the crash in prices.
Led by PetroChina Co., China’s big three…
Iraq published data showing a rare level of detail for its oil production and exports, a week after inviting energy reporters to Baghdad to make a case that the country is pumping more crude than…
OPEC’s internal disagreements over how to implement oil-supply cuts agreed last month have prevented a deal to secure the cooperation of other major suppliers.
More than 18 hours of talks…
Research may be toppling one of the strongest objections to renewable energy: Wind and solar are not reliable enough to support the grid 24-7-365, so they need fossil and nuclear backup.
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Tajikistan on Saturday diverted the flow of a major river to start building the world’s tallest dam and the main element of the Rogun hydroelectric power plant, a $3.9 billion project that…
