Iran's export of electric power, services and equipment can grow tenfold from the current $2.7 billion a year.
Houshang Falahatian, deputy energy minister, made the statement in the opening…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Egypt is offering an investment opportunity of at least $6 billion to 2018 in the renewable energy sector, including wind and solar, under the feed-in-tariff scheme, said a major investment bank…
Iran can establish an energy trade zone in the Caspian Sea region to export electricity to regional countries instead of natural gas, an energy analyst said.
"We can import natural gas from…
Italian state lender CDP is considering whether to merge Italy's two top gas distributors with joint assets of roughly $8.7 billion (€8 billion) as the sector gears up for major reform, four…
Gasoline imported into Iran can qualitatively compete with the one distributed in European countries, said the head of Oil Engineering and Development Department in the National Iranian Oil…
Iranian oil officials are mulling over a proposal submitted by Spanish companies to construct a refinery in Spain, managing director of the National Iranian Oil Refining and Distribution Company…
Iran will start supplying gas to the Iraqi capital Baghdad in the second quarter of 2016, a senior official at the National Iranian Gas Company said.
Iran's Petrochemical Commercial Company is considering plans to open sales offices in Brazil, Switzerland, Germany and the UK after the removal of western sanctions on its civilian nuclear program…
US oil drillers began the year by slashing the number of rigs to the lowest in over five years, data showed on Friday, with analysts saying further reductions are almost certain as producers…
Oil prices steadied around 11-1/2-year lows, after rising earlier during the day following Chinese shares higher, as persistent global oversupply and a bleak demand outlook weighed on prices.
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Royal Dutch Shell has told investors its purchase of BG can work even if oil prices average $50 a barrel for two years, its lowest estimate to date as it seeks to secure shareholder support for…
Greece's sole oil producer, Energean Oil & Gas, has increased daily production by 60% since last year, it said on Thursday, as the debt-laden country seeks to exploit its limited oil reserves…
Enhancing the outward appearance of gas stations will not appeal to car owners, as what they want is quality gasoline at a reasonable price, not luxury gas stations, stressed the head of the…
The first operational phase of a plan to transfer seawater from the Persian Gulf to the most water-stressed regions across Iran has started, a deputy energy minister announced.
Senior Iranian energy officials discussed the challenges and future trends in the global gas market and outlined the domestic gas priorities in a conference in Tehran late Wednesday.
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Japanese refiner Cosmo Oil is looking at the possibility of buying more crude from Iran once sanctions on the Islamic Republic are lifted, company president Hisashi Kobayashi said on Tuesday.
Oil prices slid more than 4% to new 11-year lows on Wednesday as the row between Saudi Arabia and Iran made any cooperation between major exporters to cut output even more unlikely.
Egypt's Cabinet has approved two conditional contracts with Chinese firms to produce electricity from coal-fired plants with a total capacity of over 4,000 megawatts, Electricity Minister Mohamed…
Iran wants to avoid an oil price war with rival producers and will gradually lift exports once sanctions against it are lifted, a senior official said, in what would be a major shift away from…
Afghanistan is set to purchase up to 1 million tons of diesel from Iran per annum, Oil Minister Bijan Namdar Zanganeh said on Wednesday.
Iran has prevented flaring 12 billion cubic meters of associated petroleum gas into the environment since the first phase of AMAK project went on stream in 2008, Seyyed Morteza Mirnassiri, the…
Iran is ready to start shipping gas condensates via its large tanker fleet once sanctions are lifted, the National Iranian Oil Company’s director for international affairs said on Tuesday.
Oil prices tumbled on Tuesday on concerns about the pace of economic growth in China and a stronger US dollar, as a Reuters survey showed OPEC output fell in December.
Global benchmark…
A number of senior officials criticized Iran's energy policy at a time of economic restraint and slumping oil prices that are set to leave a big hole in the country's budget for 2016-17.
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Denmark's Foreign Minister Kristian Jensen discussed grounds for cooperation in oil and renewables sectors in separate meetings with senior Iranian officials in Tehran.
"Iran is interested…
