Oil Minister Bijan Namdar Zanganeh met with his Iraqi counterpart Jabbar al-Luaibi in Vienna late Thursday for the latest round of talks on the terms of a crude swap deal that will help supply…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Danish conglomerate AP Moller-Maersk said on Friday it will invest $3.4 billion together with British-Dutch oil producer Shell, among others, to redevelop and extend the production life cycle of…
Oil prices rose on Friday, following an agreement by OPEC and other major producers to extend output curbs until the end of 2018 to try to reduce the global oil glut.
Brent traded at $63…
Solar-powered generating capacity is growing at a crackling pace in emerging markets.
The growth is fuelled by low-priced equipment and innovative new applications that are expanding…
Electronic vehicles have become a key element of the energy transition with an analyst at Bloomberg New Energy Finance expecting 530 million EVs on the road by 2040 to disrupt the global crude…
Oil prices slipped on Wednesday as doubts set in about Russia’s willingness to substantially extend a deal to curb output between some of the world’s biggest exporters aimed at tackling global…
A considerable amount of potable water in northern and southern coastal towns is provided by water desalination units, the deputy head of the National Water and Wastewater Engineering Company…
Current policies ruling the market of small-scale power plants with distributed generation systems that use diesel generators have drawbacks and require revision, the rapporteur of Majlis Energy…
Iraq is planning to increase production from the giant Rumaila Oilfield to about 1.5 million barrels per day in 2018, the head of Rumaila operations said. Rumaila Oilfield, developed by Britain’…
Iran has kept up the pace of crude oil and natural gas production in the second and last term of Hassan Rouhani as president, government data indicated.
In a report…
The global oil market could tighten toward the second half of 2018 if demand remains robust and key producers continue their current policies, International Energy Agency chief, Fatih Birol,…
The general appointed to run Venezuela's energy sector will bring more military officials into the senior ranks of state oil company PDVSA during a major shakeup intended to root out corruption…
For the last decade, smaller oil companies have led the way in shale technology, slashing costs by as much as half with breakthroughs such as horizontal drilling and hydraulic fracking that…
OPEC is heading for tougher-than-expected policy talks this week amid concern that its efforts to rebalance the oil market might overshoot by creating a global deficit and spurring a further…
Norway’s Statoil will continue to drill for oil in the Arctic Barents Sea next year even though its 2017 campaign was mostly disappointing, the company’s head of exploration told Reuters on…
The much-needed technical know-how and licenses for the development of the second phase of Kermanshah Petrochemical Industries Company will be provided by the international firm KBR, formerly a…
Plans are in place to rehabilitate Kharg Oil Terminal in the Persian Gulf, Iran's biggest crude oil loading and export facility, managing director of Iranian Oil Terminals Company said.
…
State oil giant Saudi Aramco and petrochemical producer Saudi Basic Industries Corp signed a memorandum of understanding on Sunday to build a $20 billion complex converting crude oil to…
Early production from South Yaran Oilfield near the Iraqi border has started since last week, the chief executive officer of Iran's Petroleum Engineering and Development Company said.
The Italian subsidiary of multinational conglomerate Honeywell has reached an agreement to help upgrade monitoring and control technology in Iran's Tabriz Petrochemical Company, the company's…
Wintershall could make its way into Iran's petroleum market by securing the rights to develop an oilfield in the southern Khuzestan Province. Germany's largest oil and gas producer is awaiting a…
French oil and gas major Total said on Monday it had agreed to sell its stakes in two Norwegian oilfields to Statoil for $1.45 billion, as it reviews its North Sea portfolio after acquiring…
Iraq plans to construct a new pipeline to transport oil from Kirkuk to the Turkish port of Ceyhan, the Iraqi Oil Ministry confirmed on Sunday.
Oil exports from Kirkuk have been on hold…
In a bid to exceed Indian Prime Minister Narendra Modi’s climate pledges, the country announced that it will tender enough renewable energy projects over the next three years to surpass 200…
Turkey aims to have $5 billion in wind energy investments by the end of this year, with the awarding of additional wind capacity tenders, the president of Turkish Wind Energy Association,…
