Using nuclear reactors to run seawater desalination plants can be cost-effective in areas straddling the southern coasts of Iran, as they meet most of their potable water demand from nearby…
Energy
Projects to connect 10 towns and 1,900 villages across the country to the national gas have been completed and new subscribers will join the grid this week, the National Iranian Gas Company's…
The National Iranian Drilling Company is scrutinizing proposals presented by the Italian giant oil company Eni as well as Russia's Lukoil to undertake drilling projects in Iraq.
Oil prices dipped on Tuesday, weighed down by gradually rising output from producer club OPEC. International Brent crude oil futures were at $76.14 per barrel, down 7 cents from their last close…
The Saudi king spoke and a $2 trillion dream went up in smoke.
For the past two years, Saudi Arabia had prepared to place up to 5% of its national oil company on the stock market,…
France’s oil and gas major Total—one of the few majors without exposure to shale assets—is not thinking of investing in the US shale patch, even after BP moved in to buy assets from BHP in one…
Equinor has raised the resource estimate for its giant oilfield Johan Sverdrup in the North Sea and said it was able to drive development costs for the project further down.
OPEC and its Russia-led non-OPEC partners in the production cut deal reduced their total oil production in July by 9% more than what they had agreed upon, said two sources familiar with the…
A senior executive at Sinopec, China’s largest refiner, said on Monday some of its refineries will be negatively affected if it stops importing Iranian crude, in the first public comment by a…
Industrialists are planning to fund the project to transfer water from Oman Sea to the drought-hit Yazd Province in central Iran, which is the most realistic option to help supply water.
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Europe’s natural gas market is the most bullish it has been in years, as higher-than-expected summer demand and a tighter market drive natural gas price futures to levels last seen during this…
South Sudan has resumed pumping 20,000 barrels per day of crude from the Toma South Oilfield, where production had been suspended since 2013, Sudanese Oil Minister Azhari Abdulqader said.
Oil prices fell on Monday on concerns the US-China trade dispute will erode global economic growth, although looming US sanctions against Iran’s oil sector kept crude from falling further,…
China Petroleum & Chemical Corp. raised its dividend payout after half-year earnings jumped to a record, fueled by improving refining profits and a rebound in crude prices that brought its…
Trinidad and Tobago will continue to ship super-chilled natural gas all over the world, with a little help from Venezuela.
Three gas refineries of South Pars Gas Field in the southern Bushehr Province will come on stream by the end of the current Iranian year (March 20, 2019), the managing director of South Pars Gas…
Iran’s largest wind farm, with a power generation capacity of 61.2 megawatts, was launched in Siyahpoosh region in Qazvin Province on Monday in a ceremony attended by Energy Minster Reza…
China Petroleum & Chemical Corp. (aka Sinopec) said its half-year earnings jumped to the highest level on record, as refining profits climbed and a rebound in crude prices brought its oil…
OPEC and other oil exporting producers are expected to agree on a mechanism to monitor their crude production before the end of the year, Kuwaiti Oil Minister Bakhit al-Rashidi said.
Iran’s fleet of tankers may provide a lifeline for its crude and condensate exports, which have been targeted by US sanctions against the Persian Gulf nation.
Russia’s state civil nuclear power corporation Rosatom has started to load nuclear fuel at the fourth power unit of the Tianwan Nuclear Power Plant in China, Rosatom said in a statement on…
Tabriz Oil Refinery in East Azarbaijan Province produces 5.3 million liters of gasoline per day, of which 50% meet Euro-4 standards, managing director of the refinery said.
Iran will find a way to circumvent US sanctions and develop the petrochemical industry under those limitations, the managing director of the National Petrochemical Company said.
Iran's top engineering and energy conglomerate MAPNA Group is considering the conversion of all its single-cycle power plants into combined cycles, the managing director of MAPNA said on Sunday…
Iran currently swaps as much as 47 million cubic meters of natural gas with its neighboring states per day.
Hamidreza Araqi, managing director of National Iranian Gas Company, made the…
