Iran plans to increase the share of compressed natural gas in its fuel mix, as the low-carbon and clean-burning fuel has saved billions of dollars by curtailing gasoline imports in recent years…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Iran's Oil Minister Bijan Namdar Zanganeh on Sunday appointed a new chief for the National Petrochemical Company and nominated a woman as his first deputy in the latest restructuring of top…
Iraq has increased oil export capacity from its southern ports by 900,000 barrels per day to 4.6 million bpd after adding a new floating terminal in the Persian Gulf, Oil Minister Jabar al-…
Oil major Royal Dutch Shell Plc won half the blocks awarded in Brazil’s deepwater oil auction on Friday, while rival BP took two blocks and Exxon Mobil Corp one in a historic opening of the pre-…
Iran is finalizing a flurry of new deals in the water and power sectors while efforts are underway to restore a large and shrunken lake in northwest Iran, one of the country's biggest…
Bushehr Nuclear Power Plant in the south has generated 25 billion kilowatt-hours of electricity since it went on stream since its launch in 2011, which is equivalent to consuming 6 billion…
Iran has extracted 4.6 million barrels of crude from Azar Oilfield in the western Ilam Province since the field started production about seven months ago.
According to ISNA, the oilfield…
Banking problems to open a letter of credit to export Iranian oil to Russia have been resolved and the two states will embark on crude trade in the near future, the deputy oil minister for…
The fog has been cleared ahead of OPEC’s next policy meeting by Saudi Arabia and Russia declaring their support for extending a global deal to cut oil supplies for another nine months, OPEC’s…
Oil prices rallied on Friday, sending the global crude benchmark above $60 a barrel for the first time in more than two years and lifting the US benchmark for the commodity to its highest finish…
Oil prices steadied on Friday, with benchmark Brent crude trading just below $60 a barrel, buoyed by comments from Saudi Arabia’s crown prince backing the extension of OPEC-led output cuts.
French oil and gas major Total reported a 29% jump in third-quarter net profit as project ramp-ups and new investments lifted production, joining a list of energy companies benefiting from…
Iraq will begin pumping oil from Kirkuk once again, just a week after clashes between Iraqi and Kurdish forces forced production in certain parts of the No. 2 OPEC producer to shutter.
Indian private refiner Essar Oil's imports from Iran fell by about 26.4% in September from a year ago, as it boosted purchases from Iraq, according to tanker arrival data obtained from trade…
Tehran is confident about raising more than $20 billion from international companies for its oil and natural gas projects in 12 months, despite facing the shadow of new US sanctions that could…
Three Austrian companies introduced their cutting-edge enhanced oil recovery methods in a conference in Tehran on Wednesday.
According to Shana, Pars Marine Industries Company organized…
Iran is pressing ahead with the construction of a string of new petrochemical ventures to become a leading player in the regional petrochemical market and make more profit of its massive…
At least six people were killed and two injured in a blaze at Tehran Oil Refinery on Friday, media reports said.
A local official told IRNA that the fire broke out at around 4 p.m. due…
Top global oil companies will compete on Friday in Brazil’s billion-dollar auction for some of the world’s most prolific deepwater oilfields, a test of their appetite for capital-intensive…
Oil eased on Wednesday but was still near a four-week high after top exporter Saudi Arabia said it was determined to end a supply glut that has been weighing on the market for three years.
Saudi Aramco CEO Amin Nasser, who runs the world's largest oil company, is taking the rise of electric vehicles in his stride.
Iran's National Iranian Oil Company and Russian companies are discussing their participation in the exploration of oil and gas fields in Iran. "NIOC has already signed enough memorandums of…
Tehran's waste-to-energy (WTE) plants can generate 5 megawatts of electricity daily, the head of Tehran's Department of Environment said.
Domestic and foreign companies are in talks with the state-owned National Iranian Oil Company on the development rights of Kish Gas Field, the Persian Gulf’s second largest gas field after South…
Top-level Iranian and German officials gathered in a meeting on Tuesday to explore opportunities in the energy industry in a move that signaled the two countries, unmoved by Washington's efforts…
