Phase 19 of the South Pars gas field in the Persian Gulf will be launched in the fall with capacity to produce 25 million cubic meters of gas per day, a senior official at the Iranian Offshore…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Iran is a bona fide superpower in global energy markets. Or rather it would be if reserves in the ground were the measuring stick, BBC reported.
Taking oil and gas together, only Russia can…
Construction of the first offshore oil platform in the southern oil-rich is another demonstration of a promising future for the domestic marine industries, Mohammad Reza Nematzadeh, the minster of…
Iranian gas could be delivered via the Turkish Stream pipeline being developed by Russia in the future, Azizollah Ramezani director of international affairs at National Iranian Gas…
The Caspian region has long attracted the attention of the international community due to its rich hydrocarbon resources as well as its strategic location at the crossroads of Asia, Europe, and…
The 167th Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) was held in Vienna, Austria, on Friday, 5th June 2015. Oil group OPEC agreed to stick by its…
Oil markets moved sideways in cautious trading early on Friday ahead of an OPEC decision likely to keep the market oversupplied and setting aside warnings of a second lurch lower in prices as some…
Total's return to Iran is achievable "But first, let's see what will happen on the political scene.", said CEO Patrick Pouyanne. The French energy giant’s return may see the restart of work at a…
Laying two gas pipelines from two offshore phases of the South Pars gas field (phases 20 and 21), to the onshore areas in the Persian Gulf will be completed by November, an official at the Iranian…
After a tour of a Shell drilling rig in Seattle, Alaska Gov. Bill Walker said oil is the lifeblood of the state's economy and arctic drilling "will happen.", UPI reported.
Walker toured the…
As the June 30 deadline for a nuclear deal between Iran and the P5+1 approaches, the world is eagerly following the fortunes of official figures in Tehran. One member of …
The heads of Europe’s largest oil and gas companies have joined together for the first time to call for governments to agree to carbon pricing at a United Nations-led summit on climate change at…
An estimated 65 percent of revenues from crude oil export to China will be used to import Chinese goods and the balance will be paid to Tehran in cash as per a new long-term contract signed…
The first phase of Kahak water supply complex in Qom Province went into operation in a ceremony attended by the Majlis Speakar Ali Larijani.
The new facility will supply 700-800 cubic…
Iraq is exporting a new grade of crude after customers complained about the quality of oil from the country, Bloomberg reported. The Basrah Heavy crude will be exported for the first time starting…
The Chinese will reopen a credit line to finance the development of the Abadan Oil Refinery in the southern Khuzestan Province in the present Iranian year (ends March 2016), an official at the…
Researchers at the Iran University of Science and Technology have built vertical axis tidal turbines for the first time in the country, Mehr news agency reported.
Shahram Derakhshan, member…
The revolutionary Solar Impulse 2 aircraft took off early Sunday for a six-day continuous flight over the Pacific Ocean, the most ambitious leg of its quest to circumnavigate the globe powered…
Deputy Oil Minister Seyed Mohsen Ghamsari reiterated that the so-called oil-for-goods agreement reached between Moscow and Tehran is not a barter deal.
While 99.7 percent of the population is connected to the national power grid, there are still 600 rural areas without access to electricity, consultant for rural electricity affairs of the Iran…
With the aim of producing Euro-4 gasoline in Shiraz refinery, the isomerization unit has come into partial operation and will be completed with an investment of $55 million.
Despite a few recent success stories, clean-energy progress is falling well short of the levels needed to limit the global increase in temperatures to no more than 2 degrees Celsius, International…
Oil Minister Bijan Namdar Zanganeh will chair a special 'oil market stability' panel at the next OPEC International Seminar, ILNA reported Sunday.
He will discuss the importance of…
The first liquefied petroleum gas (LPG) unit for South Pars gas field phases 15 and 16 has come into operation; Shana quoted the operator of the phases as saying Sunday.
Thousands of senior international gas industry executives from 600 global organizations will gather in Paris from June 1st to 5th to participate in a topical program addressing energy…
