A privately-owned Iranian company is planning to introduce a cutting-edge wind power generation system that could mark a turning point in the country's renewable energy sector.
Watt-Wind…
Energy
A plan to export natural gas to Georgia will be finalized by the end of summer, a senior gas official said on Tuesday, stressing that the Caucasian states are among big potential customers for the…
Plans are underway to revamp and expand crude refining infrastructure in Abadan and Isfahan in cooperation with foreign contractors, head of the National Iranian Oil Engineering and Construction…
The value of Iran's petrochemical output will increase by $5.1 billion by the end of the current Iranian year that ends in March 2017, Oil Minister Bijan Namdar Zanganeh said on Tuesday.
He…
The Mangalore Refineries and Petrochemicals Ltd., which owed $2.56 billion to Iran since 2013 over import of crude oil, has so far paid $1.4 billion of its debt, The Hindu reported. H. Kumar…
ExxonMobil Corp has made a bid worth at least $2.2 billion for InterOil Corp and its stake in a rich Papua New Guinea gas field, winning the support of its target and topping an offer from…
Oil prices fell on Monday as traders shrugged off the impact of the attempted coup in Turkey and the market turned its attention to bearish fundamentals, while disruptions to crude exports in…
Oil producers are not betting on the recent price rally. In contrast, after surviving two years of low prices, they are gearing up for a third by buying protection against a renewed downturn.
India will double the target for energy to be generated from solar parks by 2020, a top government official said, as roof-top installations progress slower than anticipated and US company…
An Iranian crude cargo loaded by trading house Trafigura is set to arrive in east China this week, heating up the race among oil suppliers to meet the rise in demand for imports from China's…
Iran will start vetting foreign contractors for participation in its new oil and gas tenders within two weeks, Ali Kardor, head of the National Iranian Oil Company said Monday.
"The NIOC…
Iran is stepping up the hunt for overseas investment in its energy infrastructure after talks with Siemens and Rolls-Royce that point to the gradual opening of the country’s economy following the…
Iran's offshore Abouzar Oilfield in the Persian Gulf is now operating at full capacity after the completion of the overhaul of one of its three platforms.
“After reinstalling the AA…
Iran will not resume the export of petrochemicals and polymer to Turkey before the security situation in the country is back to normal, a member of the board of the Iranian Oil, Gas and…
US oil explorers are yet to fully reap all the rewards of horizontal drilling techniques that helped trigger the shale boom, research firm IHS Markit Energy said.
South Pars gas extraction platform 19A, weighing 2,750 tons, was successfully installed with help of domestic contractors late on Saturday in an operation that lasted about two hours.
Iran plans to boost annual petrochemical production by 50-60 million tonsover the next five years, raising total output capacity to around 120 million tons per year from around 60 million tons at…
Iran launched a 100 megawatt thermal power plant on Sunday in northwestern Kermanshah Province in a ceremony attended by President Hassan Rouhani.
The Eslamabad-e-Gharb Power Plant…
Iran will maintain its surge in the international oil market amid reports that OPEC's third-largest producer has slowed crude production and export, a senior official said Sunday.
Negotiations with China’s major oil and gas companies, China National Petroleum Corporation and Sinopec, on developing two joint oilfields of Yadavaran and North Azadegan in the southern Khuzestan…
National Shipping Company of Saudi Arabia (Bahri) said on Sunday it signed a deal with Arab Petroleum Investments Corp. (Apicorp) to launch a $1.5 billion investment fund that could buy up to 15…
The attempted military coup in Turkey may boost oil prices by imperiling crude shipments through the country, a major energy-trade corridor. For now, shipping lanes are clear.
The Turkish…
Venezuela’s oil production plunged to a 13-year low in June as the economic crisis continues to eat into the nation’s only source of export revenue.
Venezuela’s oil production has declined…
Iran is planning its first tender for utility-scale renewable-energy projects by the yearend as it gets ready to embrace and promote green energy that has the potential to attract $12 billion in…
Companies from South Korea and Italy dealing in power plants, renewables and clean energy will propose collaboration in green energy projects in Iran during the Conference of Mayors and…
