US exports of ultra-light crude, also known as condensate, have doubled since the start of the year, with most shipments headed to Europe. The US exported between 120,000 and 140,000 bpd of…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
With the aim of facilitating liquefied petroleum gas as well as other petrochemical products 17 LPG carriers have recently been added to Iran's fleet to fill the big gap between the low number of…
Pursuant to German petrochemical giants, namely Basel and TIB Chemical, a Dutch petrochemical firm has expressed willingness to play a role in Iran's lucrative petrochemical sector, said Ahmadreza…
Saad al-Karbalaie was shot dead after armed men forced him to stop his car as he was leaving his office in the northern Iraqi city of Kirkuk.
Gunmen have shot dead a senior oil official…
As the temperature goes up in hot summer days, the demand for mazut and liquefied petroleum gas declines. Nevertheless, other oil products are being exported ideally, said Hassan Khosrojerdi, the…
The president of Armenia has suspended an increase in electricity prices that led to more than a week of protests.
Serzh Sargsyan said the government would temporarily cover the cost of the…
Germany's nuclear phase-out plan is entering its final stage with the first of the country's nine remaining modern reactors shutting down for good this Saturday.
A consortium of oil giants has reached another milestone in the development of a major North Sea field. BP and co-venturers ConocoPhillips, Chevron and Shell said they had safely installed the…
An Argentine judge has ordered the seizure of assets of oil drilling companies operating in the Falklands Islands, including property held by US firm Noble Energy, as the country takes a firmer…
Nigeria has replaced Saudi Arabia as the largest crude oil supplier to India after its oil exports to India last month surged by nearly 200%, supplying some 745,000 barrels per day. It is the…
Foreign investors are helping fuel the US petrochemical renaissance, as overseas companies scramble to take advantage of the supply of cheap domestic natural gas, according to a new industry…
The renewable-energy boom is here. Trillions of dollars will be invested over the next 25 years, driving some of the most profound changes yet in how humans get their electricity.
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Drilling operations in South Pars gas field Phase 13 will speed up with two new advanced drilling rigs going into operation in the next few days, project manager of Phase 13, Payam Motamed,…
A total of 1.5 million citizens will be supplied with natural gas for the first time in the current Iranian year (began March 21), managing director of the National Iranian Gas Company said. The…
Turkey may apply to the court of arbitration if Gazprom does not announce the final discount for Botas on Monday, the Turkish state pipeline company Botas told Trend. Botas expected Russia to…
Russia's top natural gas producer, Gazprom, may take part in liquefied natural gas projects in Iran once sanctions against Tehran are lifted, Gazprom's deputy chief executive officer, Alexander…
As recently as last year, only four countries in the world were producing commercial volumes of either natural gas from shale formations (shale gas) or crude oil from tight formations (…
With the South Pars phases coming on stream, Iran's gas production reportedly amounted to 100 million cubic meters per day, which has led to a surplus mazut capacity, sources close to Mehr News…
Iran is all set to commence gas export to Iraq on condition that the Iraqi side provides security in its territory, managing director of the National Iranian Gas Export Company told Shana.
During the first three months of the current Iranian year (began March 21) more than $6.2 billion worth of gas condensate and petrochemical products were exported.
Kuwait has reinforced security measures at its oil facilities following the attack on a Shia mosque in Kuwait City in which 27 people were killed and 227 others injured.
Qatar Petroleum has decided not to assign any contracts by direct agreement with the relevant parties, including wholly- or partly -owned companies by QP or its subsidiaries.
Essar Oil, Iran's leading Indian client, imported 24.6% more oil from Tehran in May compared to a year earlier, according to tanker arrival data obtained from sources and assessed by Thomson…
France said Friday it would look into building two nuclear reactors in Saudi Arabia as part of a multi-billion-euro package of deals.
A feasibility study will be carried out to build two…
Long-frustrated wind and solar developers in Australia can now get to work on more than $11 billion in projects after a new renewable energy target passed parliament.
