Iran has proposed a joint project with Hungary to design and develop a small nuclear reactor that could be sold across Asia and Africa, the head of Atomic Energy Organization of Iran said on…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Sistan-Baluchestan Province, situated in southeast Iran, has the potential capacity to produce and export more electricity to neighboring states, namely Pakistan and Afghanistan, managing director…
Iran will import foreign oil, gas and petrochemical equipment only through a tender process, an official at the Oil Ministry said.
The first coordinated decision on oil output between OPEC and producers outside the group in 15 years is not going to revive crude prices, according to Goldman Sachs Group Inc.
Sulzer, a Swiss engineering company, is keen to return to Iran’s petrochemical industry, a senior official at the company said.
Torsten Wintergerste referred to the company’s close…
The National Iranian Gas Company and Russia’s Grasys have signed a contract on constructing a pilot gas sweetening unit in Bushehr's Fajr-e-Jam Gas Refinery, in which membrane gas separation…
Iran's second major shipment of crude oil to international markets after the lifting of sanctions will take place this month, director of National Iranian Oil Company said in a statement on…
Iran is likely to export 200 million cubic meters of natural gas to Georgia in a seven-month period, the managing director of National Iranian Gas Export Company said on Wednesday.
Oil Minister Bijan Namdar Zanganeh said on Wednesday Iran will support "any measure to help stabilize the global oil market and improve prices." He made the statement after a closed-door meeting…
Norway expects its oil production in 2016 to decline in comparison with 2015, Ella Ege Bye Morland, senior communications adviser at Norwegian Ministry of Petroleum and Energy, said. In late…
The United States and Cuba expected to sign an agreement Tuesday launching up to 110 daily US commercial flights to Havana and nine other destinations in Cuba, restoring regular air travel for the…
General Electric is exploring potential business opportunities in Iran and Lorenzo Simonelli, chief executive of its oil and gas division, visited the country recently, a company spokeswoman said…
South Pars Gas Field is a major driving force behind Iran's economy, but the global energy market is rapidly shifting focus toward renewable sources, a top Iranian economist says.
Two consignments of gas condensate, in addition to liquefied gas, have been shipped to Kenya from Sirri refinery, deputy manager of the refinery said on Tuesday.
Tehran and Algiers are set to establish four joint firms to boost water cooperation, Energy Minister Hamid Chitchian announced on Monday.
“The four companies will be engaged in water…
Top oil exporters Russia and Saudi Arabia agreed on Tuesday to freeze output levels but said the deal was contingent on other producers joining in—a major sticking point with Iran absent from the…
Roughly a third of oil producers are at high risk of slipping into bankruptcy this year, as low commodity prices crimp their access to cash and ability to cut debt, according to a study by…
Royal Dutch Shell, Europe's largest oil company, expects to make robust investments in Brazil's offshore sector, hoping to quadruple oil and gas output there by the end of the decade, its chief…
The mood inside the Organization of Petroleum Exporting Countries is shifting from mistrust to a growing consensus that a decision must be reached on how to end the global oil price rout,…
Iran is in talks with the French company Air Liquide on cooperating in building a 500,000-ton propylene unit, the managing director of Petrochemical Research and Technology Company said on Monday…
South Korea's imports of Iranian crude oil tripled in January from a year earlier with the United States lifting sanctions on Tehran, but shipments remain far below pre-sanctions levels, customs…
China’s crude imports fell from a record to the lowest in three months and net oil product exports tumbled, as state refiners slowed operations amid swelling stockpiles of fuel.
Oil Minister Bijan Namdar Zanganeh on Monday discussed export of crude oil to Japan with a top aide to Japanese Prime Minister Shinzo Abe while Ghana's president called for cooperation with Iran…
An oil official revealed that Iran has launched negotiations with two large German companies, namely Siemens and MAN, on renovating power plant installations of Iran’s oil industry in the Persian…
National Iranian Oil Company categorically rejected the notion that Iran is underselling its crude oil, amid reports that the Islamic Republic is offering oil discounts to squeeze rival producers…
