Argentina expects investment of $1.8 billion from 17 renewable energy projects awarded in an auction to generate 1,109 megawatts of power, the government said on Friday, as it tries to lessen…
Energy
The 36 American energy firms on the Standard & Poor's 500 list have gained $316 billion in market value since West Texas Intermediate crude oil prices reached a record low of $26.21 last…
Phase 1 of Iran’s first polystyrene park will go on stream in two months in the southern city of Asalouyeh, Bushehr Province, National Petrochemical Company’s production control director said.
Wintershall, Germany's largest oil and gas company, is studying Iran's upstream oil projects as Tehran is expected to hold the first international tender in its oil and gas industry this month.…
Iran and South Korea on Thursday signed an agreement in Tehran on constructing a wind and a solar power plant, said Nematollah Torki, the head of the Tehran Provincial branch of the Management…
A blaze that erupted at a privately-owned refinery in central Iran was doused without fatalities. It was the latest in a string of incidents in energy industry.
The government will not raise gasoline and diesel prices for consumers in the current fiscal year that ends in March 2017, managing director of National Iranian Oil Refining and Distribution…
Energy ministers from Iran, Saudi Arabia and Iraq will be among representatives of key OPEC producers meeting Russian officials for informal talks on oil output in Istanbul next week, OPEC sources…
Belarus is in talks with Iran to buy oil, President Alexander Lukashenko said Friday.
"We have been in talks with Iran, which is trying to find an oil market," Lukashenko told Belarusian…
Construction of an experimental nuclear fusion reactor in southern France is in full swing as the cost estimate has ballooned to nearly four times the original estimate, but the ITER project's new…
Saudi Arabia, the world’s largest crude exporter, cut pricing for November oil sales to Asia and Northwest Europe and for most grades to other regions amid a global supply glut.
For decades, jobs at Venezuela's state-run oil giant PDVSA were coveted for above average salaries, generous benefits and cheap credit that brought home ownership and vacationing abroad within…
Russia's second-biggest oil producer, Lukoil, is in talks with Iran's oil officials to build an oil refinery in the country, head of the Syndicate of Gas Station Owners said. "The Russian giant…
Tehran Wastewater Company has signed a contract, worth €125 million ($140 million), with Turkey's industrial and construction contractor Kuzu Group on building a wastewater treatment plant in…
The government has expanded the list of domestic companies for work in dozens of oil and gas projects as it gears up for its first international tender under a new model of oil and gas…
Iran’s top renewable energy authority denied that it has signed any agreement covering electricity generation projects with a Swiss developer that has said it obtained power-purchase agreements…
South Pars Platform 19A, installed in July, is ready to go on stream by the end of October, contractor of the South Pars Phase 19 said on Wednesday.
"After the platform is launched, 14…
Oil prices hit multi-month highs on Tuesday despite Iran and Libya continuing to increase production, overshadowing an OPEC agreement struck last week to freeze output levels in a bid to stem a…
President Hassan Rouhani told his Venezuelan counterpart Nicolas Maduro in a phone call that it is essential for oil producing countries to take a decision to raise prices and stabilize the…
BP has shut down its Clair platform in the North Sea after an oil leak Sunday, the company said in an email. The leak was caused by a technical issue on the remote platform, which is 75 kilometers…
Indian Oil Corp. is scaling up an expansion plan for its biggest refinery in northern India at a cost of $2.3 billion, as it races to meet demand in one of the world’s fastest-growing crude…
President Hassan Rouhani has signaled the end of electronic fuel cards, government spokesman said on Tuesday, drawing to a close a disputed system introduced nearly a decade ago by former…
The National Iranian Oil Company on Tuesday signed a heads of agreement (HOA) with Persia Oil and Gas Industry Development Co. on developing three oilfields under the Iran Petroleum Contract—the…
Energy Minister Hamid Chitchian called on German companies to participate in Iran's power plant and renewable projects, expressing concern over the banking constraints between the two countries.…
Oil rose to its highest since August above $50 a barrel on Monday, supported by a planned production cut by OPEC, although analysts cautioned the stubbornness of the existing supply overhang could…
