France's Total SA, the only western energy major investing in Iran, will lose its stake in the South Pars Gas Field to its Chinese partner if the Paris-based company withdraws from the country,…
Energy
The state-owned National Iranian Gas Company is pursuing the policy of increasing gas delivery to power plants with the goal of curbing pollutants and preserving the environment, the company’s…
Companies from several countries, including Spain, France and China, have expressed readiness to launch joint ventures in Iran's lucrative petrochemical sector. Spain's Mecanicas Bolea S.A…
Austrian integrated oil and gas company, OMV, is seeking to expand cooperation with the National Iranian Oil Company to secure a footprint in the country's upstream sector, OMV's Orient Upstream…
As soon as maintenance operations in oilfields' installations are completed, the country's oil output can easily exceed 4.5 million barrels a day, chief executive officer of the National Iranian…
China is the world’s most attractive country for renewable energy investment, according to a new study by Ernst & Young.
How do other Asian countries fare?
French energy giant Total SA plans to boost oil exploration and open more fuel stations in Africa’s most industrialized country.
Total pumped a record amount of oil and gas in the first…
Eni has announced an oil discovery on the A-2X exploration prospect in the South West Meleiha license, in the Egyptian Western Desert, some 103 kilometers north of the oasis of Siwa.
The…
Tehran Oil Refinery has signed a memorandum of understanding with two Japanese companies, JGC Corporation and Marubeni Corporation, on enhancing gasoline quality and quantity as well as reducing…
The 23rd Iran International Oil, Gas, Refining and Petrochemical Exhibition was inaugurated by Iran's Oil Minister Bijan Namdar Zanganeh in Tehran on Sunday.
In addition to Iranian…
Transferring Turkmenistan's gas to Pakistan via Iran-Pakistan gas pipeline, aka Peace Pipeline, will benefit both neighboring states, the National Iranian Gas Company's managing director said.…
Hong Kong-flagged cargo ship CF Crystal was the causal factor of the collision with the Iran-owned oil tanker Sanchi, 160 nautical miles off the coast of Shanghai, China, on January 6, said the…
Bandar Abbas Refinery in the southern Hormozgan Province is making concerted efforts to enhance the quality of its gasoline and diesel output to comply with Euro-4 emission standards by October…
The man who ran Venezuela’s state oil company PDVSA for a decade after 2004 says the country’s oil firm is on the cusp of total collapse and expects oil production to drop by 600,000 barrels per…
Saudi Energy Minister Khalid al-Falih is optimistic that South Korea could end up in the shortlist to build nuclear power plants in Saudi Arabia, al-Falih said on Friday during a visit…
Close to 700 million cubic meters of water are wasted in the country annually, of which the loss of 250 mcm is inevitable, a senior official at the National Water and Wastewater…
China’s Sinopec will cut its June imports of crude from Saudi Arabia by 40% for the second month in a row because of "unjustified" high prices, an official from the top Asian refiner, Unipec,…
Norway’s Statoil said it aims to cut its carbon footprint more aggressively as measures to reduce global warming could reduce the value of its assets, leaving some of its reserves stranded…
Oil prices were little changed on Friday after rising earlier, as market jitters kicked in over the prospect of geopolitical risks from possible new US sanctions against Iran.
US West…
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Iran is seeing bumper oil exports, but that does not imply a production uptrend.
Russia has reaffirmed its pledge to an alliance with OPEC, despite two months of breaching its target under a global oil output deal.
The country remains “fully committed” to bringing…
Saudi Arabia set the price of its benchmark crude in Asia at the highest level since August 2014, just a few weeks after the trading unit of China’s biggest refiner asked for fewer barrels…
Oil Minister Bijan Namdar Zanganeh said the number of household gas subscribers in the country has increased by over 4.56 million in the past four years.
"Close to 3.14 million…
Debts of electricity subscribers to the Energy Ministry have exceeded $2 billion, a deputy energy minister said.
"The amount of unpaid dues to the ministry has amounted to a massive $2.3…
The 23rd International Iran Oil, Gas, Refining and Petrochemical Exhibition, the largest annual convention in Iran's petroleum industry, will commence at Tehran's International Fairground on May…
