Indian state explorer Oil and Natural Gas Corp (ONGC) said it was aiming to start natural gas production by mid-2018 and oil production a year after that from its block off India's east…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Private companies will be authorized to import and sell petroleum products according to the national budget for the next Iranian calendar year (March 2015-2016).
Turkish Petroleum International Company is to supply Bangladesh with 60,000 tons of gasoil in 2015 for the first time to meet growing demand for fuel, the chairman of the state Bangladesh…
Revenue from oil exports to the Kurdish Regional Government is held up by government discussion of the 2014 budget, and by pipeline stoppages, Kirkuk Governor Najmiddin Karim said on Sunday…
The Ukrainian Energy Ministry has announced that hundreds of wagons full of Russian coal which had been held up at the border in Ukraine’s east since last week, have now started entering the…
Italian oil and gas company Eni has expressed readiness to resume operations in the Darkhovein oil field in south Iran, managing director of the Petroleum Engineering and Development Company (…
Iran ranks 7th in the world in terms of greenhouse gas emissions, and targets have been set to reduce the emissions by a significant degree, director for health, safety and environment at the oil…
Iran has concluded its crude oil sale contracts for 2015, said a senior oil official, Shana news agency reported.
Part of the agreements for 2015 was signed with Iran's traditional oil…
Next year’s draft budget (March 2015 -2016) submitted to parliament on Sunday stipulates that the National Iranian Oil Refining & Distribution Company (NIORDC) should increase the…
Construction of power plants in Iraq by Iranian engineering companies is in line with the policies of Iran's Ministry of Energy for exporting technical and engineering services to neighboring…
With construction of a new gas pipeline from Russia to Turkey, Ukraine’s role in transit of the Russian natural gas tends to zero, Gazprom’s CEO Alexey Miller said in an interview with the…
Italian oil services company Saipem has been notified to suspend the marine work it was commissioned to do for the South Stream natural gas pipeline, RT reported. Having 43 percent stake in…
More than $6 billion worth of petrochemical products was exported in the first eight months of the present Iranian calendar year (March-November 2014), managing director of the National…
The national power grid capacity should increase by 5,000 megawatts every year, deputy energy minister said, Mehr news agency reported Saturday.
Houshang Falahatian said, “Annual…
The National Iranian Oil Refining and Distribution Company (NIORDC) has called on the government to extend permission for the import of 10 million liters of gasoline per day in the next Iranian…
Technical work has started on a pipeline connecting oil produced in Kirkuk to a main pipeline in Ceyhan, southern Turkey, the Kurdish Regional Government's Prime Minister said on Thursday.
Turkish Prime Minister Ahmet Davutoglu on Friday said his country wanted a share of the energy deposits off the shores of Cyprus, an issue that has strained ties with both Nicosia and Athens.
The decision made by the Persian Gulf Arab states, namely Saudi Arabia, to stick to current outputs at the OPEC meeting last week (Nov. 27) caused Brent crude prices to nosedive below the $70/…
The head of Khuzestan Province Water and Wastewater Company (KPWWC), Ali Akbar Alimoradi announced construction of five advanced wastewater treatment plants on the Persian Gulf coast with Chinese…
Ukraine’s Naftogaz press service said on Saturday the company has transferred $378 million to Russia’s Gazprom as advance payment for Russian gas, Itar Tass reported.
The price of energy carriers will increase by 30 to 40 percent in the coming year (starting March 21, 2015), in view of the fact that the government will not cut subsidies, said a member of the…
Ninety eight percent of major electricity equipment is manufactured by Iranian companies, director of distribution coordination at the Iran Power Generation Transmission & Distribution…
Russia and Slovakia signed a framework agreement on Friday for a new oil supply deal, Itar Tass reported.The new deal provides for annual pumping of up to six million tons of oil to Slovakia via…
Norway plans to boost the financial firepower of state-owned energy group Statkraft by $1.4 billion to support its renewable power expansion at home and abroad, Reuters reported. Statkraft is…
One thousand tanker trucks were produced by domestic companies and joined the transportation fleet of the National Iranian Oil Production and Distribution Company (NIOPDC), managing director of…
