Russia provided 27.9% of Spain's gas imports in May, up from 11.9% a year earlier, Spanish government data showed on Monday. The country was Spain's second biggest supplier of gas in May after…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Oil prices dipped in Asian trade on Monday as investors tread cautiously ahead of fresh economic data from top consumers USA and China this week, though crude supply cuts from Saudi Arabia and…
Iraq and French oil major TotalEnergies on Monday signed a long-delayed $27 billion energy deal that aims to increase oil production and boost the country's capacity to produce energy with four…
The storage capacity of Iran’s largest petrochemical hub in Asalouyeh, Bushehr Province, has increased by 10% in 2022 compared to a year ago, managing director of Asalouyeh Petrochemical Green…
The output of Bandar Abbas Power Plant in Hormozgan Province increased by 22% in the first 17 days of the summer season, managing director of the plant said.
Anxiety is rising among Japan's neighbors ahead of a plan to release treated wastewater from the damaged Fukushima nuclear power plant.
The European Investment Bank, the world’s largest international public bank, has agreed to provide $87 million financing to support water desalination, access to clean drinking water and…
To accelerate the development of Belal Gas Field in the Persian Gulf, Iranian Offshore Engineering and Construction Company (IOEC) is tasked with building an offshore processing platform, the…
The construction of Qiz-Qalasi Dam in East Azarbaijan Province is near completion and it will become operational by the end of the summer, the managing director of the provincial Regional Water…
Green energy is helping to keep the Texas power grids alive amid a weeks-long heatwave that has pushed power usage to an all-time high. The meteorological conditions have allowed renewable…
To unlock its untapped potential in energy sector, Iran needs to shift to renewable energy sources. Claudio Providas, the United Nations Development Program’s resident representative in…
Iraq plans to boost its gas output by 42.5 million cubic meters over the next five years, through its recent initiative to license exploration operations across 10 oil and gas fields in west…
Ghana is taking significant strides toward energy independence by harnessing the power of wind. As the country faces increasing energy demands and a growing population, the government and…
The respective national oil companies of Argentina and Malaysia, YPF and Petronas, have signed a preliminary deal to build a massive LNG liquefaction project in the Argentine port town of Bahia…
Oil production from the offshore Abouzar Oilfield in the Persian Gulf is expected to increase by 10,000 barrels per day by November, managing director of the Iranian Offshore Oil Company said…
The gas companies of Khorasan Razavi and Yazd provinces have been selected by the National Iranian Gas Company to implement gas supply projects to 24 cities and more than 1,700 villages in…
Electricity demand is forecast to reach 74,000 megawatts in Iran over the next few days, an unprecedented record in the annals of the country’s power industry.
Oil prices rose on Friday and were on track for their second straight weekly gain, as resilient demand resulted in a larger-than-expected fall in US oil stocks, offsetting fears of higher US…
The French government has chosen 73 projects totaling 1,156 megawatts in its latest onshore wind tender. The projects will produce electricity for an average price of $92.77/ MWh, Renews…
About 2 million Iranian parts and equipment have been installed in refining plants of Latin American countries, the director of the National Iranian Oil Refining and Distribution Company said.…
Bandar Imam Petrochemical Company in Mahshahr, Khuzestan Province, has made long-term plans to complete the value chain of olefin, chlorine and aromatic compounds for producing goods that…
Mexican energy regulator CRE has authorized a New Fortress Energy subsidiary to transport natural gas via pipelines for a floating LNG project off the coast of Veracruz state. In its latest…
Iran is targeting an investment of $250 billion in its upstream, midstream and downstream oil sectors, especially in liquefied natural gas (LNG) industry, over the next eight…
Ukrainian state-owned energy company Naftogaz, which is trying to meet the country's needs with domestic production, has launched 11 gas wells so far this year, the company said on Monday.…
Additional oil output and export cuts made by Saudi Arabia and Russia earlier this week should be enough to help balance the oil market, UAE’s Energy minister Suhail Al Mazrouei told reporters…
