Global nuclear capacity will rise from 413 GW at the end of 2016 to 516 GW in 2040 under the most likely scenario, according to the International Energy Agency's World Energy Outlook 2017 report…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Phase 13 of the South Pars Gas Field in the Persian Gulf is scheduled for launch next year, an important piece of Iran's production plan from the world's largest gas field that is shared with…
Operations to swap the fifth batch of crude oil consignment from the Caspian Sea littoral states to the port of Neka in northern Iran with deliveries in the Persian Gulf were carried out…
South Korea’s imports of Iranian crude oil fell 9.5% in October from the previous month, as the Middle Eastern country cut crude and condensate exports to Asia due to production setbacks.
Germany added 2.3 gigawatts of new onshore wind capacity in the first half of 2017. Though it failed to meet the target last year, the Renewable Energy Act set an annual target of installing 2.5…
A group of Danish water companies signed three memoranda of understanding with Iranian firms operating in water and wastewater engineering projects.
According to the Energy Ministry's…
Oil demand from China's transportation sector will peak in 2030 and flatten thereafter, mainly due to falling gasoline demand for passenger vehicles that become more efficient and increasingly…
Natural gas production from the giant South Pars Gas Field is scheduled to return to normal by the end of the present fiscal year in March, following a string of overhauls at the field's…
French oil and gas major Total would have to review its Iran gas project if the United States decides to impose unilateral sanctions on Tehran, given the company’s assets in the US market, its…
Global oil demand will fall only modestly alongside the expected rise in electric vehicles over the next two decades, with consumption in petrochemicals and other transportation still growing,…
For a generation, the huge, whitewashed storage tanks at America’s largest oil refinery in Port Arthur, Texas, have stored almost nothing but Saudi crude. All of a sudden, there are very few…
Oil was largely steady on Monday, trapped between a bullish push from tension in the Middle East and downward pressure from evidence of rising US production, although record fund bets on a rally…
The oil market is rebalancing at a quickening pace and production cuts are the “only viable option” to restore stability, OPEC Secretary-General Mohammad Barkindo said.
“We are seeing…
Iran's Bouali Petrochemical Complex is taking measures to cut down costs on logistics operations as part of the company's belt-tightening program, after it was hit by a massive blaze last year…
A deadly 7.3 magnitude earthquake struck western parts of Iran on Sunday night, but production at Azar Oilfield in Ilam Province has not been affected, said Keyvan Yarahmadi, who oversees the…
Qeshm Free Zone Organization and Parsian Oil and Gas Development Group Company signed on Sunday a memorandum of understanding on the development of a petrochemical hub on the largest Persian…
Oil Minister Jabar al-Luaibi said Iraq plans to increase production from oilfields in Kirkuk to 1 million barrels per day and has visited the Bai Hasan and Avana fields to order work be…
Iran continues to adhere to a global agreement to scale back crude oil production as OPEC data on Monday showed further cuts in the country's monthly oil output.
The No. 3 OPEC…
When BP Plc goes to Abu Dhabi, the UAE, this week, where big oil companies will be jostling for access to the Emirate’s offshore riches, the British behemoth will not be leaving anything up to…
Tehran's environmental chief said fuel demand in the capital city is nearly twice that of Turkey, underscoring a series of measures to help ease air pollution in the sprawling city.
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Iran’s petrochemical production capacity is expected to rise by 10 million tons in about four months upon the launch of new petrochemical ventures.
Crude oil production from the giant South Azadegan field near the Iraqi border is expected to reach 100,000 barrels per day by December, an official at the Petroleum Engineering and Development…
Preparations to float the shares of Saudi Aramco next year are proceeding, but no decision has been taken yet on the venue for the international listing, the chief executive of the state oil…
Saudi Arabia’s efforts to reduce a worldwide crude supply glut by cutting shipments to the United States means others are now filling in, most notably Iraq, in a trend that is set to accelerate…
Iran's crude oil prices continued to advance in the week to November 3, following the trail of international oil benchmarks which have rallied to their peak levels in more than two years.
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