The Convention on the Legal Status of the Caspian Sea will facilitate Tehran’s energy cooperation with Ashgabat, Turkmenistan, and Astana, Kazakhstan, and help export Iranian oil and gas…
Energy
In 2007, following Venezuela’s expropriation of billions of dollars of assets from US companies like ExxonMobil and ConocoPhillips, thinking of potential remedies became undeniable. Since the…
This winter could be a bleak one for America’s natural gas exporters, as the fastest-growing buyer of the fuel threatens to halt purchases amid an escalating trade war.
Esproenko International, which specializes in oil and gas services, announced on Saturday that it will continue its business activities in Iran, irrespective of Washington's sanctions against…
Some members of the Organization of Petroleum Exporting Countries aim to exploit the group by pursuing their political ambitions.
Kazem Gharib-Abadi, Tehran’s ambassador to international…
Imposing higher tariffs on those who exceed fair consumption limits is highly advised for convincing the public to consume electricity prudently so as to prevent frequent power outages, an…
The National Iranian Gas Company’s capacity to export natural gas stands at 75 million cubic meters per day.
Hamidreza Araqi, managing director of NIGC, made the statement in an…
Measures should be taken to expedite joint projects between Tehran and Yerevan in the energy sector, including the third electricity transmission line.
Iran's Deputy Energy Minister…
The National Iranian Drilling Company has commissioned domestic manufacturers to implement 50 contracts on technical services, welding, sandblasting, coloring, overhaul and procuring spare parts…
The United States is prepared to impose sanctions on all countries that continue to buy Iran's oil, including China, after Washington starts reimposing bans on Iran’s energy sector.
French supermajor Total will increase Nigeria’s oil production by 200,000 bpd by the end of the year, a senior official from the local unit of the company said at an industry event, adding that…
Persistent security concerns over Libya’s oil export capacity and political divisions in the country fetch large tanker freight premiums for ship-owners daring to call at Libyan ports for crude…
Saudi state oil giant Saudi Aramco remains committed to meeting future oil demand through continued investments, the kingdom’s Energy Minister Khalid Al Falih said in a company report on Friday…
South Korea is seeking a sanctions waiver from the US to continue importing Iranian condensate, saying that it is hard to find alternative sources due to limited suppliers, a government official…
Although Indian investors have signaled their interest in petrochemical projects, they stress that gas feedstock prices offered by Iran is too expensive to let them clinch a final deal, National…
China’s Sinopec plans to ramp up natural gas supplies by 1.8 billion cubic meters this winter to meet rising demand, the company told Reuters on Friday. Gas supplies for the winter of 2018 will…
As temperatures soared to record highs across Japan this summer and people scrambled to beat the heat, power companies turned to solar power to weather the surge in air conditioner usage.
Stiff new US sanctions against Russia would only have limited impact on its oil industry because it has drastically reduced its reliance on western funding and foreign partnerships, and is…
German company ADL and Iran’s Sepahan Oil Company have signed an agreement to cooperate in transferring technology related to oil and gas lubricants.
'European embassies have made a…
A memorandum of understanding was signed by Maku Free Zone, China Water Company and Azarab Oil and Gas Company to build two dams in West Azarbaijan Province.
Gholamreza Soleimani, CEO of…
Compressed natural gas will be supplied to the cities of Zabol and Khash, both in the southeastern Sistan-Baluchestan Province, in the second half of the current Iranian year (ending March 20,…
The gas-powered unit of Caspian Combined-Cycle Power Plant in northern Mazandaran Province was synchronized with the national grid Wednesday in a ceremony attended by Energy Minister Reza…
The National Petrochemical Company is not concerned about exports despite the US unilateral sanctions because a large part of the firm's commodities are sold to European Union countries that…
South Korea’s imports of Iranian crude rose around 15% in July from a month earlier.
South Korea shipped in 788,651 ton of crude oil from Iran last month, or 186,478 barrels per day,…
As the US and Iran continue to trade barbs over the reimposition of economic sanctions against the Islamic Republic, China is also entering the verbal fray.
On Monday, Andrey Yu, the…
