The scale of Iran’s gas reserves means the country would be able to shift decisively towards exports if sanctions were lifted, a senior official at the National Iranian Gas Company (NIGC) said.
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
US oil and gas companies can offer Iran higher advantage compared with European firms due to their expertise and state-of-the-art technologies, oil minister Bijan Namdar Zanganeh said.
Eight western European companies are keen to invest in Iran's $2.8 billion Siraf oil refinery project, an Iranian official said, as the country ramps up capacity to reduce its dependence on…
Even as Saudi Arabian officials continue to tout its shift to renewable energy, it may be oil-poor countries in the region like Jordan and Egypt that can benefit sooner from falling prices in…
Energy Minister Hamid Chitchian arrived in the Tajik capital on Monday to attend the international conference of "Decade for Action: Water for Life". Chitchian was greeted by Tajikistan's minister…
launched on 4 June at the World Gas Congress in Paris, The Medium-Term Gas Market Report provided a detailed analysis of global demand, supply and trade developments through 2020,…
Oil prices slipped on Monday on news of a slide in China’s fuel imports and as markets digested OPEC’s decision to maintain its production target, which analysts said could prolong a supply glut…
The Damghan-Neka gas pipeline, the last segment of the North-Northeastern pipeline, will help Iran reduce its dependence on Turkmenistan gas imports, Hassan Paivan, operator of the Iran Gas…
Construction of Siraf gas condensate refineries started Monday in the southern Assalouyeh region in a ceremony attended by Vice President Es'haq Jahangiri and Oil Minister Bijan Namdar Zanganeh.…
Changing electricity consumption patterns plus efficient power management naturally has a cost of its own, but it (cost) would be "30 times less than what is spent on building power plants," the…
Russia’s Gazprom Neft, the oil arm of gas producer Gazprom, plans to ship 54,000 barrels per day to Asia this year, with around a third to China, company executives said, Hellenic Shipping News…
Oil Minister Bijan Namdar Zanganeh rejected reports that the 2.5 billion liters of subsidized gasoline quota in the smart cards of private car owners will be scrapped, Khabar Online reported. He…
Saudi Arabia is trying to maintain its share of the global oil market rather than use its power in OPEC to curb US producers, according to David Petraeus, former director of the Central…
Iran will increase crude exports with the end of international sanctions even if oil prices decline, the country’s representative to OPEC said, adding supply after a surplus sent Brent falling…
OPEC's announcement that it is keeping crude output levels unchanged again, despite a collapse in oil prices, reflects the growing influence of booming US shale but analysts say the organization…
Government revenues projected from the export of crude oil in the last Iranian year (ended March 21) fell short of the actual proceeds by $21 billion, a report by Khabar Online reported.
Geographically speaking 75 percent of Iran has a dry, arid, and semi-arid climate. As the water crisis worsens in scale and scope, it seems construction of underground dams is a dire need and…
The energy ministry is mulling plans to halt electricity exports in summer to meet rising demand nationwide during the hot season, a decision that depends on a consensus of the electricity and oil…
The aging fossil-fuel industry — Big Oil, Big Coal, Big Gas — doesn’t want you to hear the relentless drumbeat leading investors away from fossil fuels: Falling stock prices, rising production…
When it comes to showcasing opportunities for the oil and gas sector, one event stands out above all the rest, and that's the Global Petroleum Show in Calgary, Alberta, Canada – where hundreds of…
Saudi Arabian Oil Minister Ali Al-Naimi said he was "100 percent comfortable" with the oil market, in terms of supply and demand, Tradearabia reported.
Iran said it’s received “positive” feedback from international oil companies on the new contracts being prepared for the return of foreign investors if and when nuclear sanctions are lifted,…
The government has made minimum investment to help revive subterranean water channels known as ‘qanat’ in recent decades; whereas, $1.5 billion was spent on Gotvand Dam despite all environmental…
Russia may start importing crude from Iran next week as part of an oil-for-goods agreement, Iranian Energy Minister Bijan Namdar Zanganeh said, Bloomberg reported.
The National Iranian Gas Company needs to revise its mandate to be able to emerge as an effective player on the international gas map, Shana news agency quoted Hamidreza Araghchi, managing…
