Operating reserves of gas at Gazprom’s underground storage facilities in Russia has increased to 72 billion cubic meters by the beginning of the heating season, or by 4.3% on the same period in…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Mexico will offer a total of 169 blocks between extraction and exploration in its first Round One tender to open up the country's oil fields, estimating resources at 19.945 billion barrels of oil…
After over a year of marathon sessions Iran and the P5+1 (five permanent members of the UN Security Council plus Germany) on Monday decided to keep on talking for seven more months to bridge the…
The 11th Kish International Energy Exhibition will be held in Kish Island, with the participation of national and international companies, from January 12 to 15, 2015, IRNA reported.
Energy-starved Pakistan is negotiating with Qatar to begin imports of liquefied natural gas (LNG) early next year, Pakistan's petroleum minister said on Friday.
Mehr power transmission station in Markazi Province officially came on stream on Thursday.
"Mehr is one of the pivotal transmission stations to supply electricity to Khuzestan Province,"…
The parliament will not support a bill to increase the price of energy carriers in the next Iranian calendar year (March 2015-2016) if the requisite economic underpinnings are not provided by the…
Lukoil wants to return to the Anaran project in Iran, if possible, after sanctions are lifted, Lukoil’s Chief Vagit Alekperov was quoted by Itar Tass as saying.
Oil prices hit a four-year low in the wake of the decision by the Organization of the Petroleum Exporting Countries (OPEC) not to cut output.
Chinese drilling equipments are almost 80 percent cheaper than their domestic equivalents, deputy director of the National Iranian Drilling Company (NIDC) said, Tasnim news agency reported Friday…
Regulator Ofgem set out on Friday plans for Britain's energy suppliers to invest 17 billion pounds ($26.7 billion) into renewing and maintaining the UK's electricity network and connecting its…
Royal Dutch Shell has failed to achieve desirable progress in shale gas exploration at the Yuzovka gas field in Ukraine’s east, which was expected to be extracted by hydraulic fracturing. The…
Gazprom and its oil arm Gazprom Neft have agreed with the Vietnamese energy company Petrovietnam to jointly develop Russia’s Arctic offshore oil and gas in Siberia, as well as supply the country’s…
The consortium behind a pipeline that would help diversify the European energy sector with Azeri gas said Wednesday momentum is moving toward a 2016 build date, UPI reported.
The Trans…
Construction of the first coal-fired power plant in Iran has been initiated with permission from the ministry of energy and the vice-Presidency for strategic planning and…
Bid Boland Refinery produced around 5.5 billion cubic meters of gas in the first eight months of the current year (began March 21), indicating a 10 percent rise from the same period last year,…
Turkey expects to receive additional gas volumes via the Blue Stream pipeline with a discount, Turkish Energy Minister Taner Yildiz said on Wednesday.
Iran’s oil market position is close to that of Saudi Arabia, oil minister Bijan Namdar Zanganeh said, with less than 24 hours to go until OPEC nations meet in Vienna to formulate a response to…
A deputy manager at the National Iranian Oil Refining and Distribution Company (NIORDC), Shahrokh Khosravani, announced the launch of a new gasoline producing facility in the Isfahan refinery and…
China is estimated to be holding double the amount of crude in its strategic reserves than its official plan revealed. China now has nearly 30 days of stocks to cover crude imports…
Electricity production has increased by six percent since the beginning of the year (March 21), compared with the same period last year, IRIB reported. During the current year, around 198 thousand…
South Pars' Phase 16 gas field came on stream Tuesday, with gas extraction of the Phase 15 platform due to commence early next week, director of both phases said to IRIB.
"The development…
The new Iran Petroleum Contract (IPC) model will be unveiled in February as scheduled, irrespective of the extension of the nuclear talks, the head of the Oil Contracts Revision Committee (OCRC)…
Persian Gulf Islands belonging to Iran will be linked to the national gas distribution network, said an official at the National Iranian Gas Company (NIGC).
The National Iranian Oil Company (NIOC) is to put 20 million cubic meters of associated petroleum gas (APG) on auction for private investors, IRNA reported.
Investors have until January 9…
