Energy

The Iranian Offshore Oil Company said the leak in the 24-inch oil pipeline from Abouzar Oilfield to Kharg Island, in the Persian Gulf, has been fixed and the spilled oil in the region has been…

Crude oil futures were marginally higher during mid-morning trade in Asia Monday in light of ongoing trade and geopolitical uncertainties, and as market participants look for fresh cues to…

The annual exhibition on water and wastewater, also known as Watex, opened at Tehran's International Fairground on Monday. The 15th International Water and Wastewater Exhibition, which will run…

The government of Saudi Arabia has apparently exaggerated the scale and scope of drone attacks on its oil processing facility on Sept. 14.  “Their reaction was a political tactic.” …

Petrobras’ administration board has approved an update to its plan for the next five years that is expected to call for the state-run oil and gas company to dump its gas distribution as well as…

In line with policies to upgrade health, safety and environment (HSE) standards in petrochemical companies, experts from 21 petrochemical companies have completed technical training overseas,…

As long as electricity prices (generated with the help of fossil fuels) are not modified, plans to expand renewable energies will not materialize.

The Research Institute of Petroleum Industry is implementing several projects in the fields of oil exploration, drilling, extraction, catalyst production and energy saving, the head of RIPI said…

A regional framework for action on coping with water scarcity has been prepared and will be piloted in South Khorasan Province, deputy governor of the northeastern province said.

President Recep Tayyip Erdogan vowed Ankara would continue to purchase oil and natural gas from Iran despite US sanctions in comments published on Friday. The United States re-imposed sanctions…

Key oil freight rates from the Middle East to Asia rocketed as much as 28% on Friday in a global oil shipping market spooked by United States sanctions on units of Chinese giant COSCO for…

Japanese companies will commit $10 billion to finance LNG projects in Asia to support growth of the regional market, Minister of Economy, Trade and Industry Isshu Sugawara said Thursday.

A delegation from the International Solar Alliance will attend the 4th Iran Renewable Energy Conference and Exhibition (Iran REC 2019), due to be held October 14-15 in Tehran, and present…

Oil prices were steady on Thursday but headed for a weekly loss, weighed down by slowing Chinese economic growth that dampens the demand outlook and a faster-than-expected recovery in Saudi…

Collecting all the flare gas in Khuzestan Province requires $3.5 billion of investment, the province’s governor said.

Efficient management of groundwater resources in the border regions is crucial to curb water shortages and stop (possibly reverse) rural-urban migration that has become a cause of concern among…

Russia will have a law on emissions by the end of 2020, the country’s climate envoy Ruslan Edelgeriev said after Prime Minister Dmitry Medvedev signed the decree for Russia’s ratification of the…

So long as people's purchasing power does not improve,  increasing energy prices will not help, a professor of economics at Alzahra University said. "Under the current conditions that the…

Construction of petrochemical plants in the northern regions straddling the Caspian Sea is on the agenda of the National Petrochemical Company, managing director of the company said.  "…

Construction of two inflatable rubber dams will be completed by March in northern Mazandaran Province, the deputy for planning and development at the Mazandaran Regional Water Company said.

Apart from the slowdown in global oil demand resulting from slowing economies and the US-China trade war, another threat to oil demand may be lurking for oil markets over the next few months—…

In less than two decades water demand in drought-stricken provinces, especially Sistan-Baluchestan, will surpass 220 million cubic meters, and this is while less than 60 mcm of water will be…

Oil prices gained more than 1% to hit their highest levels in two sessions at the start of Monday’s trade as Middle East tensions remained elevated, supporting prices. The Pentagon has ordered…

Petrochemical plants in Iran annually use 33 million tons of feedstock from oil and gas refineries and NGL units, and with rise in the number of factories, feedstock will rise to 62 million tons…

The second phase of the National Smart Metering Program (known as Faham in Persian) is underway as planned and five million energy-intensive agricultural, housing and commercial units are due to…