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July 05,2023
Additional oil output and export cuts made by Saudi Arabia and Russia earlier this week should be enough to help balance the oil market, UAE’s Energy minister Suhail Al Mazrouei told reporters on...
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July 05,2023
The Eighth OPEC International Seminar, themed ‘Towards a Sustainable and Inclusive Energy Transition’, opened in Vienna, Austria.
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July 05,2023
The net profit of Fanavaran Petrochemical Company in Khuzestan Province increased by 53% in the last Iranian year (March 2022-023) compared to the previous year, the managing director of the...
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July 05,2023
Ukrainian state-owned energy company Naftogaz, which is trying to meet the country's needs with domestic production, has launched 11 gas wells so far this year, the company said on Monday.
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July 05,2023
Sanction-hit Russia's refined product exports to Africa have skyrocketed since the invasion of Ukraine, increasing 14-fold in just over a year, following a diplomatic onslaught on the continent by...
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July 04,2023
Indian refiners have begun paying for some oil imports from Russia in Chinese yuan, sources with direct knowledge of the matter said, as Western sanctions force Moscow and its customers to find...
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July 04,2023
The profit of Bu Ali Sina Petrochemical Company in Mahshahr, Khuzestan Province, doubled in the last Iranian year (March 2022-23) compared to the previous year, the managing director of the company...
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July 04,2023
Iran’s natural gas exports witnessed an 11% growth in the fiscal year 2022 compared to the corresponding period of 2021.
According to the statistical review of world energy report issued by the...
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July 04,2023
Britain will require supermarkets and retailers to give drivers access to live fuel prices at every gas tation on their phones or satnavs after the country's antitrust regulator said competition...
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July 04,2023
The climate agenda of US President Joe Biden’s administration is facing an unexpected challenge in drought-prone Corpus Christi, Texas, where a proposed clean hydrogen hub would require the...
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July 04,2023
The third phase of the Urmia Wastewater Treatment Plant and the water transmission line to Urmia Lake were launched on Tuesday.
Costing more than $4.4 million, the third phase treats 60,000 cubic...
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July 03,2023
Asian refiners expect Saudi Arabia to lower prices for crude supply to the region in August, a Reuters survey showed, even as the top oil exporter pledged to deepen production cuts in July as part...
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July 03,2023
Oil and gas companies have intensified the hunt for new deposits in a long-term bet on demand, as they reinvest some of the record profits from the fossil fuel price surge driven by the Ukraine war...
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July 03,2023
Plans are underway in the refining industry to increase the daily production of petroleum products so that about 130 million liters per day of gasoline and diesel each will be produced by March...
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July 03,2023
Oil slipped on Monday as concerns about a global economic slowdown and possible further interest rate hikes from the US Federal Reserve weighed on prices, offsetting forecasts of tighter supplies...
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July 03,2023
The construction of Alay Mahestan Petrochemical Company in Asalouyeh has registered 30% progress, the head of the Board of Directors at the Oil Industry Pension Funds said.
“The project, which...
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July 03,2023
Electricity supplies to steel mills have shot up by at least 30% over the last two months compared to the same period of a year ago.
Energy Minister Ali Akbar Mehrabian made the statement while...
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July 02,2023
To help Chadormalu Mining and Industrial Company generate its own electricity, the company has signed a contract with the state-owned Renewable Energy and Energy Efficiency Organization, aka Satba...
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July 02,2023
A French company called Airseas, formed in 2016, has created Seawing, a kite that can propel a cargo ship.
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July 02,2023
Since the beginning of summer and the rise in power consumption, electricity used by households has increased by 4% compared to last year and this trend is expected to continue with the rise in...
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July 02,2023
Smart fuel cards should be replaced with bank cards, as the electronic fuel card hardware system imposes high expenses on the government, while vehicle owners have to spend millions of dollars on...
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July 02,2023
The United Nations Development Program has hailed its partnership with China in promoting the affordable renewable energy in the Global South, highlighting a project with Ethiopia that seeks to...
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July 02,2023
Novatek’s first floating transfer hub for liquefied natural gas, Saam FSU, has arrived in the narrow inlet of Ura Guba in the Russian Arctic after a four-month journey under tow from Okpo, South...
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July 01,2023
The construction of Sarperi Dam in Kohgilouyeh-Boyerahmad Province has gained momentum after a gap of years, the provincial governor said.
The project to build the dam in the southwestern province...
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July 01,2023
The production of equipment to generate electricity in thermal power plants has experienced a substantial growth in 2022, the head of Turbine and Electric Generators’ Manufacturing Association said...