Iran continues its quest for new crude buyers, especially in Europe, but its loyal customer base will continue to hinge on countries like India and China, whose demand for Iranian crude has…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Iran will not compromise on its oil production under an initiative led by the Organization of Petroleum Exporting Countries to cut supplies for propping up prices, the head of the National Iranian…
The 16th International Electricity Exhibition of Iran is scheduled to be held in Tehran from November 5-8. According to officials, 350 domestic and 295 foreign companies from 21 countries will…
Oil prices slid on Monday after non-OPEC producers made no specific commitment to join OPEC in limiting output levels to prop up prices, suggesting they want the oil producing group to solve its…
A hospital in the northeastern state of Anzoategui, Venezuela, was evacuated last week following an explosion and a fire that engulfed an oil refinery located nearby, local media have reported.
Imports of Iran's crude oil by four major buyers in Asia in September jumped more than 70% from a year ago, as the producer continued to recoup market share lost under sanctions.
The Persian Gulf Petrochemical Industries Company aims to increase petrochemical exports to European markets by 40% in the coming months, the chief executive of PGPIC said on Friday.
A senior energy official said Iran has the potential to break into the global liquefied natural gas market, despite years of stalemate in LNG projects and a significant gap in production compared…
The installation of an offshore platform for gas extraction from Phase 20 of South Pars Gas Field in the Persian Gulf started on Monday in line with plans to fast-track gas production from the…
General Electric Company agreed to combine its oil and gas business with Baker Hughes Inc., creating an industry giant with a broader suite of offerings amid the ongoing slump in crude prices.
China’s oil output slump shows no signs of abating, as the country’s state-run energy giants hold back spending to cope with the crash in prices.
Led by PetroChina Co., China’s big three…
Iraq published data showing a rare level of detail for its oil production and exports, a week after inviting energy reporters to Baghdad to make a case that the country is pumping more crude than…
OPEC’s internal disagreements over how to implement oil-supply cuts agreed last month have prevented a deal to secure the cooperation of other major suppliers.
More than 18 hours of talks…
Research may be toppling one of the strongest objections to renewable energy: Wind and solar are not reliable enough to support the grid 24-7-365, so they need fossil and nuclear backup.
…
Tajikistan on Saturday diverted the flow of a major river to start building the world’s tallest dam and the main element of the Rogun hydroelectric power plant, a $3.9 billion project that…
Iran's Marun Petrochemical Company is in talks with international energy majors to expand petrochemical production, MPC's chief executive officer said.
"We have held some talks with…
Unlike other oil companies that are bound to develop oilfields under the new contractual framework known as Iran Petroleum Contract, the National Iranian South Oil Company will develop four…
Iran's export of crude oil and gas condensates will rise to around 3 million barrels per day in the current Iranian year that ends in March, managing director of the National Iranian Oil Company…
Iran’s energy minister said on Sunday that less than one-fifth of the electricity expansion costs in both urban and rural areas is paid by subscribers and called for a reform of payments in the…
Tesla Motors Inc Chief Executive Elon Musk on Friday unveiled new energy products aimed at illustrating the benefits of combining his electric car and battery maker with solar installer SolarCity…
Russian President Vladimir Putin will organize a gathering of domestic oil producers a week before the Organization of the Petroleum Exporting Countries meets on Nov. 30 to discuss possible output…
Brazil is planning to boost oil production next year, the secretary for oil and natural gas at mines and energy ministry said, despite efforts by OPEC and non-OPEC producers to cut output and ease…
The National Iranian Tanker Company is keen to expand collaboration with Greece in tanker shipping and services sectors in the follow-up to an agreement with Greek shipbuilding firm George…
OPEC officials meeting in Vienna to work out the details of their plan to reduce oil production failed to reach agreement after hours of talks on Friday, amid objections by Iran which has been…
Iran's Petropars Company is talking with international oil and gas majors to forge partnerships to develop domestic exploration and production (E&P) projects under the new model of contracts,…
