Iran exports domestically-manufactured oil equipment to the Persian Gulf littoral states as well as Central Asia, deputy oil minister for research and technology said on Friday.
“Domestic…
Energy
Imports of Iranian oil by four major buyers in Asia in August jumped 81% from a year earlier, the biggest percentage gain since April 2014, as the producer recoups market share from rivals Saudi…
German energy services company SAG Group has signed a memorandum of understanding with Iran Power and Water Equipment and Service Export Company (SUNIR) on engineering and implementation of power…
Iraq's government issued a 2017 budget forecast on Tuesday, which it said assumed the country will be exporting more crude and at a higher price than in recent months.
The OPEC nation…
The chief executive of Vitol, the world's largest oil trader, said on Wednesday he did not see the global oil market tightening before 2018.
Ian Taylor also expressed skepticism over the…
Iran and Australia signed a memorandum of understanding on optimization of water consumption and water resource management in Tehran on Wednesday.
Energy Minister Hamid Chitchian and Steven…
The first tender of Iranian oilfields under the new model of contracts—Iran Petroleum Contract—will be held seven to 10 days later than initially planned, managing director of National Iranian…
Saudi Arabia gave the strongest indication yet it is ready to compromise with Iran, potentially paving the way for the first limit on oil production in two years.
However, a deal looks…
The Indian government has approved another high value acquisition in Russian oil and gas fields. In a race to acquire more energy assets in Russia, India swiftly finalized the deal.
Crude oil futures fell on Tuesday as optimism faded for an output-limiting deal from an oil producer meeting in Algeria to curb one of the worst supply gluts in history.
The chief executive of Tehran Regional Water Authority says almost half of the water Tehran Municipality pumps from wells in the city is illegal. In a report by the Persian daily Sharq on Monday,…
The government is ready to turn over the construction, financing and operation of 140 water projects to the private sector, Energy Minister Hamid Chitchian said.
"We have lined up more…
Developing economies in Asia will have to spend $300 billion a year until 2050 to meet targets set by the Paris climate deal, but can expect to save thousands of lives and avoid worsening poverty…
Oil production from Azar Oilfield in the west of Iran will start at 30,000 barrels per day in the current Iranian year that ends March 2017, director of the field's development plan said on…
Iran exported close to 4 billion cubic meters of natural gas in the first half of the current Iranian year (started March 20, 2016), dispatching manager of National Iranian Gas Company said on…
The tables have been turned on Saudi Arabia, as the world’s top oil exporter has swapped its traditional role as price dove with Iran, for years OPEC’s price hawk, Bloomberg said in an article on…
Global oil output will exceed demand until late 2017, the head of International Energy Agency said before major producing nations gather for talks. "We don’t see the oil market rebalancing until…
Iran is exporting oil at roughly the same level it was before the introduction of international sanctions that have been lifted under a landmark nuclear deal between Tehran and major powers, US…
As Russian Energy Minister Alexander Novak flies to Algeria for talks with OPEC on output cuts, developments at home indicate Russia is still ill prepared for any coordinated production action…
Japan plans to rush through a bill to provide more financial muscle for its companies to compete for global energy assets, just as other resource-hungry Asian economies such as China and India are…
The Research Institute of Petroleum Industry has signed an agreement with Khazar Exploration and Production Company (KEPCO) on conducting seismic studies for oil and gas discovery in the region of…
Iran has placed restrictions on the import of some oil and gas equipment as part of efforts to boost domestic production in its resurgent energy sector, an official at the National Iranian Oil…
Iran's Oil Minister Bijan Namdar Zanganeh is in Algiers, Algeria, for the 15th International Energy Forum to discuss a proposal with OPEC members on freezing oil production and meet with the…
Saudi Aramco continues to look at several overseas exchanges, including New York, Hong Kong and London, for a listing in 2018 of a part of the state-owned oil company, CEO Amin Nasser said on…
Venezuela, teetering on the brink of an economic collapse, is rushing through a tender for billions of dollars of drilling contracts to boost oil production in the Orinoco Belt.
