The Russian edition of Forbes Magazine is reporting that French Oil giant Total has laid off 70% of its Russian workforce through its office in Moscow. The dismissed staff members are said to have…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
India's July oil imports from Iran rose to their highest in at least five years, climbing to over 500,000 barrels per day for the second time in five months, revised tanker arrival data obtained…
Equipment needed for the completion of South Pars Gas Field’s Phase 20 platform have entered Iran’s Khorramshahr Yard after being released by an unnamed producer company.
“The unblocked…
Iran Petrochemical Commercial Company and the Indonesian state-owned oil and gas giant Pertamina have signed a memorandum of understanding on cooperation in petrochemical industry, IPCC's chief…
Foreign companies operating in Iran's oil and gas projects will hold no rights of ownership or authority over the country's hydrocarbon reserves or any production facility, the state-run National…
The global oil market faces a sharp drop in supply in 2017 from Venezuela, traditionally a prominent exporter, as an acute political and economic crisis halts investments needed to squeeze more…
Iran has made no decision about joining an OPEC meeting on oil output next month and does not expect to reach the production levels that its government has previously said are required before it…
Iran, holder of the world’s largest natural gas reserves, says it will start exports to Iraq next month, more than a year later than it originally planned.
"Shipments will start at 7…
The Majlis Energy Commission voiced his support for Iran's new model of oil contracts on Monday following reports that a group of lawmakers are taking action to limit the extent of the…
Energy Minister Hamid Chitchian on Monday hit back at criticisms over a multibillion dollar deal signed two months ago with Turkish energy company Unit International for building power plants in…
Top managers from India's Oil and Natural Gas Corporation Videsh Limited, Oil India and Indian Oil Corporation are due to visit Tehran this week to submit and finalize their financial proposal for…
South Korea's crude imports from Iran rose further in July by nearly fourfold from a year ago and 5.9% higher than the previous month, after international sanctions were lifted on Tehran's…
Jabbar al-Luaibi, former head of Iraq’s biggest oil producer, has been appointed oil minister as a costly war against the self-styled Islamic State terrorist group has capped investments in the…
Russia, the world's top oil producer, is consulting with Saudi Arabia and other producers to achieve oil market stability, Energy Minister Alexander Novak said, adding that the door is still open…
Oil prices may have risen since the start of the month, but analysts believe the lackluster outlook for global demand—amid a shaky global growth environment and stubborn oversupply—should be more…
Saudi Arabia raised its oil production to a record last month while much of the kingdom sweltered in record temperatures that have also hit neighboring countries across the Middle East.
US oil producers added rigs for the seventh week in a row, the longest period of expansion since the final days of the drilling boom in early 2014.
A consortium of Norwegian knowledge-based companies and academic bodies, organized by an Iranian energy management and consultancy company Energiring, held a seminar on the development of oil and…
Thanks to the South Pars Phase 19 development operations aimed at completing processing units and boosting natural gas extraction from offshore platforms, gas production and sweetening in this…
Iran should invest oil revenue in infrastructures, a senior energy analyst said, strongly advising against using the multibillion dollar income to pay cash subsidies that are taking a heavy toll…
Iran needs to generate 20,000 MW of electricity from nuclear power, which requires the construction of about 10 nuclear plants.
Hossein Naqavi Hosseini, spokesman of Majlis…
Kenya is set to join the ranks of oil producing nations after its government approved plans to extract up to 4,000 barrels per day from newly discovered reserves. African multinational oil and gas…
Environmentalists rejoiced on Sunday as energy generated by high winds in Scotland was enough to power the entire country for the day. According to a report by The Guardian, the United Kingdom’s…
Hyundai Oilbank Company, a South Korean refiner, has bought its first Iranian condensate cargoes to prepare for trial runs at a new refining unit in its joint venture with Lotte Chemical, two…
Poland is replacing Russian oil with Iranian oil and unsold Urals crude, Russia's main oil export grade, is being redirected to Asia, industry sources told Reuters.
