The second phase of North Azadegan Oilfield Development Plan will probably be handed over to the Chinese CNPC, director of the development plan of Azadegan Oilfield said.
"Based on a…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Electrabel, the Belgian arm of French group Engie, shut down the Doel 3 nuclear reactor in the early hours of Friday because of a water leak, only days after it resumed output after a nearly two-…
Iran's gas export to Armenia will witness a tenfold increase as soon as gas negotiations between the two sides are concluded, director of gas transmission operation district 8 said on Saturday.
Iran will resume oil swap with a Caspian Sea littoral state when sanctions targeting the country's nuclear program are lifted, marking an end to a five-year halt to Iran's oil swap in the region…
Iran has set up an aggressive growth plan to boost green energies as a key sustainability factor as part of the economic diversification goal under its sixth five-year economic development plan (…
Russia will supply India with 10 million tons of oil per year in the next 10 years, President Vladimir Putin said after meeting Indian Prime Minister Narendra Modi in Moscow after two days of…
Bankruptcies among oil and gas companies have reached quarterly levels last seen in the Great Recession, according to the Federal Reserve Bank of Dallas.
Iran, Russia, Armenia and Georgia have reached a memorandum of understanding to synchronize their power grids by 2019, paving the way for electricity exchange between Tehran and Moscow as part of…
Lifting the 40-year ban on the US crude oil export will not inflict any harm on Iran’s oil market, deputy oil minister and head of the National Iranian Oil Company said on Thursday.
“Iran…
Oil Minister Bijan Namdar Zanganeh discussed the prospect of exporting oil to Mongolia with the country’s foreign minister Lundeg Purevsuren in a meeting in Tehran on Thursday.
“…
A parliamentarian said gasoline imports meet Euro-4 standards, referring to published reports by domestic watchdogs, the spokesman of the Iranian Parliament’s Energy Commission said.
Oil prices will take decades to recover and will still not reach the peak seen in recent years, according to the latest World Oil Outlook (WOO) from OPEC.
Royal Dutch Shell, Europe’s largest oil company, further reduced spending plans for this year and 2016 as it prepares to take over BG Group amid slumping prices for crude.
The combined…
Tens of foreign companies have expressed readiness to participate in the 12th International Energy Exhibition (Kish ENEX 2016), which is to be held in 11-14 January on Kish Island, located in the…
Officials of the National Iranian Gas Company and Russia's Gazprom met in Tehran on Wednesday in the first of a series of meetings to discuss grounds for cooperation in the post-sanctions period…
The potential for investment in oil and natural gas projects in central parts of Iran is projected to exceed $11 billion, managing director of Iranian Central Oil Fields Company said on Wednesday…
South Korea is eager to increase the diversity of its oil suppliers by looking at Iranian and US supplies as more exports from those countries become available, the South Korean Ministry of Trade…
President Hassan Rouhani officially inaugurated a new water treatment plant in Pakdasht County in southeast Tehran for stabilizing the supply of potable water to more than 250,000 citizens. The…
The quality of gasoline distributed in Iran is regularly checked by domestic and international organizations to ensure it is on a par with global standards, an official said, amid alarming levels…
The failure to go ahead with the Nord Stream gas pipeline expansion to double gas shipment from Russia's Baltic coast to Germany, bypassing Ukraine, would be "a shot in the foot", Russian Economy…
Spurred by the prospect of an end to western sanctions, Iran has agreed to consider Indian demands for oil price discounts and other buying incentives, sources said, as it works to rebuild market…
The end of an oil export ban in the US will not affect market fundamentals, the UAE's Energy Minister said on Tuesday. "As for the decision in the US, every country has the right to take their own…
Plans have been made to provide private sector investors with three pieces of land allocated to construct Siraf Refining Park, aka the Octopus of Persian Gulf, in the current Iranian year (ending…
The power industry's research sector will need over $38 million in investment in the sixth five-year economic development plan (2016-21) to bring about a turnaround in the key sector, the deputy…
China's November Iranian crude oil imports jumped by almost half from a 14-month low in October, official customs data showed on Monday.
