Energy

  • 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…

  • Urea production capacity is expected to rise nearly three times from current levels by the end of the sixth five-year economic development plan (2017-22).

  • TVEL Fuel Company, a subsidiary of Russia's state-owned nuclear corporation Rosatom, has signed an agreement with the Atomic Energy Organization of Iran (AEOI) to deliver a reserve batch of…

  • Oil Minister Bijan Namdar Zanganeh says the downward trend in global oil prices stems from an upsurge in the United States shale oil production.

    "They (US producers) have added more than…

  • Pergas Consortium, a group of international oil and gas companies, is to submit its development proposals for Karanj and Shadegan oilfields, two reservoirs in Khuzestan Province.

    Ahmad…

  • Oil prices fell to seven-month lows on Tuesday after news of increases in supply, a trend which has undermined attempts by OPEC and other producers to support the market through reduced output.

  • Increasing imports of natural gas is on Armenia's priority list as the country plans to increase electricity export to oil and gas-rich Iran.

    The managing director of Yerevan thermal power…

  • A total of 21 private investors have been certified by the Energy Ministry to build wind farms in the small town of Mil-Nader in the southern Sistan-Baluchestan Province, Energy Minister Hamid…

  • Oil traders are resorting to storing more and more oil at sea amid swelling output in the Atlantic region, a sign the market is far from the kind of rebalancing that OPEC would have hoped for when…

  • Total will go ahead with development of a giant Iranian gas field this summer, its chief executive officer told Reuters, in the first major western energy investment in the country since Tehran…

  • Italian energy giant Eni on Tuesday signed a memorandum of understanding with the National Iranian Oil Company to conduct technical surveys on Kish gas field and the third phase of Darkhoveyn…

  • The oil market is expected to balance in the fourth quarter even as output from fellow OPEC members Libya and Nigeria as well as from shale oil producers is on the rise, according to Saudi Energy…

  • Oil prices edged higher on Monday, pausing for breath after coming under pressure over the past month from rising production in the United States, Libya and Nigeria, which has taken the edge off…

  • Indonesia's volume of crude oil imports from Iran can increase, said Octavino Alimudin, the Indonesian ambassador to Tehran, in a meeting with the Chairman of Iran Chamber of Commerce, Industries…

  • A senior power official has appealed the public to use electricity judiciously in the face of an unexpected rise in demand over the last several days.