Current oil prices are close to the level Qatar needs to finance spending, and the government has not made a decision on whether to sell debt, according to Finance Minister Ali al-Emadi.
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Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
The oil-trading boom that cushioned the profits of Royal Dutch Shell Plc and BP Plc through the price slump of 2015 and early 2016 is over.
Norway's integrated oil and gas company Statoil plunged to an unexpected loss in the fourth quarter of last year, as it cut its long-term assumptions for the price of oil and took a $2.3 billion…
Takht-e-Jamshid Petrochemical Complex as well as the second phase of Karoun Petrochemical Company (KRNPC) was officially inaugurated on Monday in Mahshahr Special Petrochemical Economic Zone in…
Tehran and Muscat on Tuesday signed a preliminary agreement for a major offshore pipeline project to supply Iranian natural gas to Oman, with top European and Asian companies reportedly in line to…
The gas units of two combined-cycle power plants (CCPP) in the southern Khuzestan Province came on stream Tuesday in a ceremony attended by Vice President Es'haq Jahangiri.
Solar jobs in America increased at a "historic" pace in 2016 on "unprecedented" consumer demand as the cost of solar panels declined, according to The Solar Foundation's National Solar Jobs Census…
Money managers are the most bullish ever on West Texas Intermediate crude for a second week as signs show OPEC and other nations are slashing production.
The group cut supply by 840,…
Saudi Arabian Oil Co., the world’s largest oil producer, picked four banks to advise on its first bond sale, two people familiar with the matter said, ahead of the world’s largest initial public…
A gas pipeline ruptured in the southeastern Sistan-Baluchistan Province on Monday, killing two pipeline workers, the spokesperson for the National Iranian Gas Company said. Mohammad Boujarzadeh…
Iran and Oman are poised to start a fresh round of talks on energy cooperation during Omani Oil Minister Mohammed bin Hamad al-Rumhi's visit to Tehran on Tuesday. A proposed joint sub-sea gas…
On the verge of the first international tender to develop Iran's oil and gas fields, Amirhossein Zamaninia, deputy oil minister for international affairs, said that Tehran has imposed no…
Two wastewater treatment plants in Tehran Province were launched by Energy Minister Hamid Chitchian on Monday.
Approximately 10 kilometers northeast of the capital, Lavasan plant has the…
Oil steadied close to $57 barrel on Monday as rising tensions between the United States and Iran and OPEC supply cuts were countered by ample inventories and signs that higher prices will revive…
Saudi Arabia, the world’s largest crude exporter, raised pricing for March sales to buyers from the US to Asia as output cuts by OPEC and other producers shore up oil prices.
The White House followed up on a warning issued last week and imposed new sanctions on Iran Friday, but the oil markets showed little reaction to the move on one of the world’s largest crude…
US crude exports are poised to surpass production in four OPEC nations in 2017 and may grow even more if President Donald Trump honors pledges to ease drilling restrictions and maximize output.…
An estimated $8.5 billion in projects are underway to expand the natural gas network for small towns and villages in remote areas in the southern regions, said a top advisor to the oil minister.…
Iran is offering attractive investment opportunities in its energy sector that are appealing to Czech and Slovak companies, the chairman of Czech-Slovak-Iranian Chamber of Commerce said in Tehran…
Iraq’s southern crude oil exports dropped in January from a record high a month before as the country implements output cuts agreed by OPEC and other major producers to curb the global glut.
The National Iranian Oil Company is compiling a list of domestic companies that can operate as part of future oil and gas development projects, Ali Kardor, the NIOC chief, said at the weekend.
Japanese companies are planning to develop about 45 additional coal power plants in the next decade, as the country gradually ramps up its nuclear power generation following the Fukushima…
China's installed photovoltaic (PV) capacity more than doubled last year, turning the country into the world's biggest producer of solar energy by capacity, the National Energy Administration (NEA…
Energy Minister Hamid Chitchian on Saturday launched two 7 megawatt solar power plants in Hamedan Province, 330 kilometers west of Tehran.
"The renewable industry in Iran is among the…
OPEC cut output by 840,000 barrels a day last month, but has more work to do to fully comply with last year’s historic production deal.
The Organization of Petroleum Exporting Countries…
