Danish state-owned company Dong Energy A/S plans to set a world record for the world’s largest offshore wind farm, breaking the record currently held by the 630-megawatt London Array, another…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Russian oil production broke a post-Soviet record in October for the fourth time this year as earlier investments boosted output and producers prove resilient to lower crude prices.
OPEC will probably hold production steady at its meeting next month as the gap between supply and demand for oil closes, according to the analyst who correctly predicted last year’s rout in prices…
Plans are underway to boost petrochemical export to South American markets, including Brazil and Argentina, managing director of Petrochemical Commercial Company said.
"One of the biggest…
A high-ranking trade delegation of Germany's southeastern state of Bavaria explored areas for cooperation in Iran's post-sanctions energy sector in separate meetings with senior Iranian…
Kuwait and the UAE are willing to import natural gas from Iran, said managing director of National Iranian Gas Export Company.
Referring to the new round of gas negotiations with the…
Production of liquefied natural gas using flare gas will commence as soon as the sale contract for Forouzan Oilfield's associated petroleum gas is finalized, Iranian Offshore Oil Company's…
OPEC crude production climbed this month, led by gains in Libya and Saudi Arabia. Output by the Organization of Petroleum Exporting Countries rose by 74,000 barrels to 32.211 million a day…
Tehran and London explored grounds for cooperation in the oil and gas sector in the post-sanctions period.
Amirhossein Zamaninia, deputy for international affairs at the Oil Ministry, and a…
Iran is ready to transfer technical and engineering services and expertise in oil and gas drilling and exploration to regional markets, with Iraq pinpointed as a priority, an official at the…
Iran's proven crude oil and natural gas reserves experienced a considerable growth following discoveries in the last two years, managing director of National Iranian Oil Company said on Sunday.
Fire damaged one of the oil storage tanks in Kharg Oil Terminal in the Persian Gulf, said the terminal's managing director on Sunday.
"Despite the huge fire, no one was hurt and no big…
When German Chancellor Angela Merkel called up the boss of the country's biggest power producer RWE two days after the first explosion at Japan's Fukushima Nuclear Power Plant, there was no…
An energy analyst says the framework of Iran's revised oil contracts, which will be unveiled later this month, will put Iranian and international companies in an equally competitive position to…
China's loadings of West African crude oil were set to bounce back in November from a multi-year low hit the previous month, a Reuters survey of oil traders and shipping fixtures showed, due to…
The surest strategy for the Organization of Petroleum Exporting Countries to prosper would be to cooperate with each other and a lack of harmonious relationship can be a recipe for disaster, Iran'…
Iran is planning to diversify gas export markets after the sanctions are lifted and will not limit supplies to its gas pipeline to Turkey, director for international affairs at the National…
The monoethylene glycol unit in Morvarid Petrochemical Company, with a production capacity of over 600,000 tons, has made 98% physical progress and is about to become operational, the company's…
US energy firms cut oil rigs for a ninth week in a row this week, increasing the pace of reductions from recent weeks, data showed on Friday, a sign low prices continued to drive drillers away…
Iran will officially notify producer group OPEC in December of its plans to raise its crude oil output by 500,000 barrels per day, the Iranian oil minister said on Saturday.
"We ask them to…
American energy company Chevron Corp. said it is cutting about 10% of its workforce amid the worst oil-market slump since the 1980s while Exxon Mobil Corp. reported a 47% loss in third-quarter…
Brent crude held close to $49 a barrel on Friday, poised to post the first weekly gain in three weeks despite a supply glut that has tested storage capacity and hammered oil company results.
Iran's electricity generation from thermal power plants has risen by 3.37% since the beginning of the current Iranian year (started March 21) compared with the corresponding period of …
Iran may roil global oil markets with plans to sell about 45 million barrels of fuel stored in tankers in the Persian Gulf within three months of the removal of sanctions on its economy, according…
The chief executive of Poland's second biggest oil refiner Lotos said the company is interested in refining Iranian oil as part of efforts to diversify away from Russian crude.
