US President Donald Trump on Thursday will lay out his plan for reducing regulations to boost already-abundant US production of oil, natural gas and coal and export it around the world, creating…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Brazil’s most crippling recession on record is complicating life for OPEC. The nation’s growing oil production combined with slumping domestic demand has unleashed record exports, undermining OPEC…
A fire that ravaged part of the Isfahan Oil Refinery on Monday was doused within an hour without major casualties, local authorities said.
The National Iranian Gas Company is intent on raising the country’s share in global gas trade while providing domestic petrochemical plants with gas feedstock to produce value-added goods, NIGC’s…
An Iranian very large crude carrier (VLCC) has finally discharged its cargo almost six months after loading. The Snow—which is operated by Iran’s state-owned National Iranian Tanker Company—…
Institutional investors remain eager to put money to work on renewable energy projects even as US President Donald Trump has vowed to revive their chief competitor: coal, financial executives said…
Kharg terminal’s crude oil loading capacity has increased to 8 million barrels per day that is close to three times over and above the current level of oil and condensates exports, managing…
The first liquefied petroleum gas (LPG) consignment from the newly-launched South Pars Gas Field phases 17 and 18 will be exported in the coming weeks, the operator of the phases said.
Chinese contractors have won a tender to supply part of the power generating equipment for Sardasht Hydroelectric Dam in West Azarbaijan Province, an official in charge of developing the dam’s…
The Organization of the Petroleum Exporting Countries and 11 other producers have recorded the highest conformity level ever with their voluntary adjustments in production, achieving a level of…
Russian gas producer Novatek aims to topple Qatar as the world’s biggest exporter of liquefied natural gas as it gets closer to completing its first LNG project, a top executive said, batting away…
Decommissioning nuclear plants in Europe and North America from 2020 threatens global plans to cut carbon emissions unless governments build new nuclear plants or expand the use of renewables, a…
Oil Minister Bijan Namdar Zanganeh said Iran aims to increase crude oil production by around 200,000 barrels a day before the fiscal year is out in March 2018.
"Iran's oil output will reach…
Oil edged up on Friday, recovering some of its steep falls earlier in the week, but crude is still set for its worst first-half decline in two decades despite ongoing production cuts.
In today's US shale fields, tiny sensors attached to production gear harvest data on everything from pumping pressure to the heat and rotational speed of drill bits boring into the rocky earth.
Iran commenced the supply of natural gas to Iraq via a pipeline, a deputy at the National Iranian Oil Company said late Wednesday.
“Exports have begun at the rate of 7 million cubic meters…
Sardasht Hydroelectric Dam in West Azarbaijan Province began taking water on Thursday in the presence of Energy Minister Hamid Chitchian. The clay core dam with a ýheight of 114 meters from the…
An oil tanker carrying Kurdish crude appears to be en route to the US, reviving a trade from three years ago that became a symbol of a dispute between the semi-autonomous region in Iraq and the…
Tehran may choose to award the drilling rights of the North and South Yaran oilfields in southern Khuzestan Province under a single contract, said a top oil official.
Over 1.6 million barrels of crude oil has been extracted from the South Pars Gas Field’s oil layer in the Persian Gulf in the past three months, managing director of Petroiran Development Company…
German oil and gas company Wintershall may join hands with Russia's Gazprom to participate in Iranian energy projects, said Thilo Wieland, a member of Wintershall board responsible for exploration…
Iran on Wednesday commenced the supply of natural gas to its western Arab neighbor Iraq via pipeline, a deputy at the National Iranian Oil Company told state news agency IRNA.
“Exports…
As the world witnesses spectacular growth in oil and gas production from the US shale deposits, the boss of French energy giant Total paradoxically says this is one area where he does not want to…
Energy giants including Exxon Mobil and Royal Dutch Shell risk wasting more than a third of their budgets on projects that will not be needed if climate targets are to be met, a think-tank report…
Norwegian utility Statkraft has found a way to produce biofuel from wood chippings and other solid organic waste, which it says replicates in minutes a process that made crude oil underground over…