Egypt's debts to foreign oil companies stood at $3.5 billion at the end of June, a 6.1% increase from March, an official at the state-owned Egyptian General Petroleum Corporation said.
The…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
As Indian Prime Minister Narendra Modi swings through Central Asia over the next week, his docket looks to be full. While there’s plenty on Modi’s agenda, there is one project that helps…
While the general discussion focuses on the prospects of Iran starting natural gas exports to Europe via pipeline or liquefied natural gas shipment by 2020, a senior Iranian gas official says the…
Russia, which vies with Saudi Arabia and the US to become the world’s largest oil producer, will face intense competition from Iran when it returns to the global energy market, according to a…
Bushehr Fajr-Jam Gas Refinery produced 12,000 tons of liquefied petroleum gas during the first three months of the current Iranian year (started March 21), which is 6,000 tons more than the…
Indian Oil Corporation, the country's largest fuel retailer, has awarded a contract to build two football stadium-sized liquefied natural gas storage tanks at its upcoming Ennore LNG Import…
The UK’s National Trust will invest $46.7 million in clean energy to power its properties. The charity plans to back more than 40 projects as it strives to get half its energy from renewables by…
Nigeria's state-run oil company said Tuesday it had recorded 3,700 cases of pipeline vandalism last year, leading to a revenue loss of $299 million.
The sabotage of pipelines is a major…
Dana Gas, one of the largest oil and gas investors in Iraq's semi-autonomous Kurdish region, said on Sunday it had obtained a favorable ruling from a London arbitration tribunal in its dispute…
Farmers in Kern County, California, have been irrigating their crops with wastewater supplied by oil companies in a move that is objectionable for environmentalists, who are calling it "a pact…
A major pilot project by Europe's largest power network operator to integrate power from rooftop solar panels into the grid has shown that battery storage of renewable energy is not yet…
Serbia is currently discussing pipelines, especially those that can bring Russian gas to Serbia.
Siemens has clinched a major order from Dong Energy to construct an offshore wind power plant with a capacity of 580 megawatts in Britain.
As per the deal, Siemens will supply, erect and…
Revenues generated through sales of oil and gas condensates in the first three months of the current Iranian year (began March 21) are estimated at $8 billion.
The volume of exported oil…
Saudi Basic Industries Corp. said on Sunday it had completed the formation of a joint venture with Korean petrochemical manufacturer SK Global Chemical Co. to produce polyethylene products. Total…
Bid Boland Gas Refining Company processed 2.1 billion cubic meters of sour gas and injected it into the national network after sweetening during the first three months of the current Iranian year…
The sleepiest oil market since 2013 will probably limp through the second half of the year as well.
Oil Minister Bijan Namdar Zanganeh will soon present a long-awaited template for new Iran Petroleum Contract to the government. "The minister will soon lay out the new model for Iran's…
Pursuant to the new preferential import tariffs ratified by the Ministry of Industries, Mining and Trade, the rise in petrochemical exports from Turkey has led to a reduction in production of…
India's Videocon Industries Ltd plans to invest $2.5 billion in oil and gas ventures in Brazil over the next two to three years, the consumer electronics-to-energy group's chief said, as part of…
Africa’s biggest wind power project at Lake Turkana in northwest Kenya has commenced in a ceremony attended by Kenyan President Uhuru Kenyatta.
The project is expected to cost the East…
Oil and gas giant Shell is expected to begin drilling for oil in the Arctic within the next two weeks.
The company has already committed about $7 billlion (£4.5 billion) to the…
A Swiss man attempting to circumnavigate the globe with an aircraft powered only by the sun's energy landed in Hawaii on Friday, after a record-breaking five-day nonstop solo flight across the…
Oil export to Turkey has increased nearly 8% in the first three months of the year compared with the same period last year.
Turkey has imported 1.4 million tons (112,000 barrels) of oil…
Boosting electricity generation capacity via renewable sources is among macro policies of electricity industry, Deputy Energy Minister Houshang Falahatian said.
