Japanese liquefied natural gas demand will dive by 17% or 15 million tons in five years to below 80 million tons a year as more nuclear reactors are restarted, said a top executive of Tokyo Gas on…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
A delegation from Germany's BASF, the world's biggest chemical producer, is expected to arrive in Tehran this week to discuss the prospect of implementing a "megaproject" in southern Iran,…
The National Iranian Oil Company is on course to build facilities for producing floating liquefied natural gas or FLNG, managing director of investment at the National Iranian Oil Company said.…
Russia’s state-owned oil firm Zarubezhneft is ready to develop Changuleh Oilfield in western Iran, governor general of Ilam Province said on Monday.
Phases 15 and 16 of South Pars Gas Field will be officially launched in the first half of November in the presence of President Hassan Rouhani, a deputy oil minister said on Sunday.
“Phases…
Ukraine has imported more than 1.4 billion cubic meters of Russian gas since it resumed purchases from Russia on October 12, spokesman of the country’s gas pipeline operator Ukrtransgaz Maxim…
China will provide Nepal with 1.3 million liters of gasoline to help it cope with severe fuel shortages as a result of restricted supplies from neighboring India, officials said Sunday.
The resilience of US shale producers has surpassed all expectations, as they have wrung extra efficiencies out of their operations and pulled rigs back to the most prolific sections of existing…
An investment opportunity exists in the Iranian energy sector, but there are a series of hurdles, Austrian energy company OMV said.
The Iranian government has approved a draft…
Nearly $100 million are spent annually to utilize, maintain and upgrade water facilities in the capital city, said the CEO of Tehran's Water and Wastewater Company.
"Ground and underground…
Iran has started negotiations to sell crude oil to Russia's Lukoil and French major Total, deputy for international affairs at the National Iranian Oil Company said.
"We have had positive…
Iran is projected to officially join the LNG Exporters Club in the next two years, managing Director of National Iranian Oil Company said.
The groundwork is being laid to ramp up crude production from joint fields with Saudi Persian Gulf neighbors, managing director of Pars Special Economic Energy Zone said.
"The National…
The government is keen to pay around $1.2 billion of its debt to private oil contractors in the current Iranian year (ending March 19, 2016), head of the Society of Iranian Petroleum Industry…
British oil major BP will begin gas production at its north Alexandria concession in early 2017 rather than mid-2017, Egypt's Petroleum Minister Tarek El Molla said at a news conference on…
Utilities RWE, Vattenfall and Mibrag will start shifting coal-fired power plant capacity to Germany's power reserve at the start of the European winter next year as part of a plan to reduce carbon…
Moscow is ready to compete with the Saudi-dominated Organization of Petroleum Exporting Countries even if it continues to exceed its quota, said Russian Energy Minister Alexander Novak on Friday…
Continued demand growth and falling production should help end a protracted slump in energy prices in 2016, CEO of American integrated oil company Hess said on Thursday.
Brazil's state-run Petroleo Brasileiro SA's board approved selling a minority stake in a natural gas distribution unit to Japan's Mitsui & Co. for $490 million (1.9 billion reais) in a key…
A US investigation of Venezuela’s national oil producer could jeopardize about $8 billion in crude refineries, storage terminals and pipeline networks.
Oil, gas and petrochemical sectors will have the most attractive environments for foreign investment after the removal of sanctions, head of the Tehran Chamber of Commerce, Industries, Mines and…
Iran will lift the curtain on the framework of its multibillion-dollar oil contracts in a conference on November 28-29 in Tehran, according to the chairman of the Oil Contract Revision Committee…
The quality of gasoline distributed nationwide is on par with those of Europe, said the deputy head of National Iranian Oil Refining and Distribution Company.
Russia's Gazprom said on Friday it had signed a memorandum of understanding with Austrian energy group OMV on the supply of oil. The document reflects the intention of the parties to consider the…
Iran's power production capacity will rise by 50,000 megawatts in 10 years, boosting the country's total installed power capacity to more than 120,000 MW, Energy Minister Hamid Chitchian said.
