The gas-to-wire project, which was reportedly halted last year by the Energy Ministry, is high on the Oil Ministry's agenda, managing director of the National Iranian Gas Exports Company said on…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Oil in London slid below $45 a barrel for the first time since March 2009, as Iran reiterated it will boost production and US drillers showed no signs of slowing.
Iran plans to raise oil…
Royal Dutch Shell will repay a $2 billion debt to the National Iranian Oil Company when sanctions on Iran are lifted and will consider investing in the country's vast energy sector, Shell's boss…
Kazakhstan is ready to resume crude and liquefied petroleum gas swaps via Iran's northern oil terminal, the head of North Oil Terminals Company said.
"Given the Kazakh delegation's approval…
The chief executives of Ukraine's Naftogaz, Olexiy Ivchenko, and of Russia's Gazprom, Alexey Miller, held an unexpected bilateral meeting for the first time since May 2014.
The National Iranian Drilling Company possesses 75 drilling rigs, 50 of which could be utilized in joint oilfields, managing director of NIDC said.
"Currently, there are 114 drilling rigs…
The price of oil has more than halved in less than 11 months since September 2014.
After nearly five years of stability, the price of a barrel of Brent crude in Europe fell from over $100…
Iran's deputy oil minister for international and commercial affairs departed for South America to invite Latin American members of the Gas Exporting Countries Forum to attend the Third GECF Summit…
The Energy Ministry plans to expedite the implementation of renewable energy projects. Speaking on the sidelines of a news conference on the occasion of Iran's Government Week (Aug.
State-run gas utility GAIL India Ltd has begun talks with Iran to revive a decade-old $22-billion LNG supply contract, the cheapest deal ever struck by an Indian firm.
The Taleqani-Sajjad utility tunnel went on stream in Mashhad, the capital of Khorasan Razavi Province, on Saturday, said managing director of Khorasan Regional Electricity Company.
Mohammad…
Iran is loading 406,000 million tons of liquefied petroleum gas for export to China in August, almost one third above its average monthly lifting in the first seven months of this year and taking…
Russia's Lukoil said it sold its stake in a Kazakh oil firm to a rival in Beijing just as China's economy falters and Kazakhstan gets a $1 billion loan. The Russian company said it sold its 50%…
As energy wastage is high in Iran, optimization projects can bear fruit in the short run and offer a great investment opportunity, Nossratollah Seifi, the head of Iranian Fuel Conservation Company…
At the start of President Hassan Rouhani's third year in office, the Central Bank of Iran has published a report detailing crude oil production and exports over the past two years.
…
Azerbaijan's state energy company SOCAR fully supports a World Bank initiative to end the practice of routine gas flaring at oil production sites.
The statement was made by a company…
The Turkish Stream pipeline, which would route Russian natural gas supplies to Europe through Turkey and Greece, would enhance the continent's energy security, therefore the European Commission…
Sasol, the world’s biggest coal-to-gasoline producer, has expressed willingness to return to Iran's petrochemical industry, deputy oil minister in petrochemical affairs said.
US oil prices headed for their eighth consecutive week of falls on Friday, the longest losing streak since 1986, after a sharp drop in Chinese manufacturing increased worries over the health of…
Norway's DNO ASA, which has operations across the Middle East, would like to do business in Iran when sanctions against the country are lifted as planned, the energy company said on Thursday. Oslo…
China's crude oil imports from Iran rose in July from a year earlier, official customs data showed on Friday, as crude imports in the world's largest energy consumer hit their second highest level…
A contract has been signed between the Iranian public sector and a German investment company for the construction of a 100-megawatt wind power plant and a 40-MW photovoltaic power station in…
The private sector is planning to establish the largest petrochemical hub in Chabahar in southern Iran, said the head of Mokran Petrochemical Complex.
Hassan Malek Esmaeili added that the…
Iran has urged India to pay up its $6.5 billion oil dues in two months, partly in rupees and the rest in dollars or euros.
"The payment shall be made in at least three…
Despite Iran's $15 billion electricity export potential in the form of commodities and services, export of electricity has declined, head of the board of directors at Iran's Electrical Industry…
