An oil pipeline linking Iraq's Kirkuk fields to Turkey's Ceyhan port was repaired on Friday and export levels were expected to return to normal within 24 hours, two sources at the state-run North…
Energy
India's daily oil imports from Iran in August surged to their highest in at least 15 years while South Korea's intake nearly doubled from a year ago last month, as Tehran continues to regain…
Federica Mogherini, the European Union high representative for foreign affairs, and Ali Akbar Salehi, the head of Atomic Energy Organization of Iran, discussed the July 2015 nuclear deal between…
OMV, Austria's largest oil and gas company, said on Friday it received 1 million barrels of crude oil from Iran in a spot delivery at the Italian port of Trieste which the energy group will send…
Oil prices fell to roughly two-week lows on Friday as news of rising Iranian exports and returning supplies from Libya and Nigeria fueled concerns that the global glut will persist.
Producing gasoline compliant with Euro-5 and Euro-6 emission standards is high on the Arak Refinery agenda and negotiations are underway to obtain necessary licenses and technology from foreign…
Japanese refiner Cosmo Oil Company plans to resume activities in Iran’s refining industry as the country faces no restrictions in doing business in Iran following the removal of international…
Russia’s second largest oil producer Lukoil is interested in exploring areas of the Caspian Sea adjacent to Iran, the company's CEO Vagit Alekperov said on Friday, Sputnik reported.
Members of the Organization of Petroleum Exporting Countries and Russia are expected to meet during the International Energy Forum in Algeria over Sept. 26-28 to discuss a possible output freeze…
China is struggling to pay billions of dollars in subsidies to renewable power generators following a rapid expansion of capacity, a planning agency official said this week.
Global upstream oil and gas investments are expected to plummet 24% this year, with little signs of improvement for 2017, the International Energy Agency said on Wednesday.
This year's dip…
BP has released Iran's share of revenues from past gas sales at the Rhum Gas Field in the North Sea to a National Iranian Oil Company bank account in the UK, managing director of NIOC said,…
Karoon Petrochemical Company in the southern Khuzestan Province plans to export a wide range of petrochemicals to Italy in the near future, the company’s commercial…
The lifting of sanctions in January has created the conditions to sell more oil to Spain, gradually replacing Madrid's once major supplier Venezuela which is grappling with a serious economic…
Proposals have been sent to Iran to lease gas pipelines to export natural gas from Iran to European markets, managing director of the National Iranian Gas Export Company said on Wednesday.
A fire broke out on Wednesday at Iran's Mobin Petrochemical Complex in the southern port city of Asalouyeh and wounded four people, the latest in a string of blazes in the region, Reuters quoted…
Iran's oil tanker fleet, one of the largest in the world, is not expansive enough to handle the country's total crude oil exports, director of international affairs at National Iranian Oil Company…
Oil fell on Tuesday following a series of gloomy predictions on demand growth that suggested the global overhang of unused inventories may persist for much longer than investors anticipate and…
The National Water and Wastewater Engineering Company of Iran (Abfa) has signed a memorandum of understanding on wastewater treatment with two international organizations, namely the International…
Iran continues its march toward regaining the oil market share it lost under international sanctions as the country added more barrels to its daily production in August compared to the previous…
Iran is ready to buy nuclear reactors from Japan if any proposed sales are accompanied by “lucrative commercial support,” according to the head of the Atomic Energy Organization of Iran.
China’s crude oil output dropped to the lowest in more than six years as the country’s state-run energy giants continued to pump less from aging, high-cost fields.
Production during August…
South Korean power utility KEPCO is in talks with Japan's Toshiba and France's Engie about buying a stake in the Toshiba-Engie British nuclear joint venture NuGen, a source familiar with the…
The Organization of Petroleum Exporting Countries flipped its forecasts for rival supplies in 2017, predicting an increase in output from outside the group instead of a decline, the latest sign…
Oil fell for a second trading day in a row on Monday, after speculators cut their bullish bets by the most in three months last week and US crude drillers added more rigs for a tenth week running…
