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…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
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…
Engineering work on the first marine loading arm for use in Kharg Oil Terminal in the Persian Gulf is in the final stages, head of the research and development department at the state-run Iranian…
A senior oil official says Iran's crude processing capacity has not declined, stressing that it fluctuates based on the market demand.
Another six drilling rigs seeking crude were added this week to US oilfields as the industry slowly begins to ramp up activity. The energy sector added seven more rigs in all, including one…
OPEC delegates say comments from top exporter Saudi Arabia, which two years ago led the group to drop its historic role of supporting oil prices, are a change in tone and a sign the kingdom is…
BP plc. said its costs from the 2010 Gulf of Mexico oil spill would rise by an additional $5.2 billion and ultimately cost $61.6 billion, or $44 billion after tax.
International oil firms are carefully studying a list of top Iranian companies for partnership in the country's new oil and gas projects, the deputy oil minister for international affairs said…
Iran plans to invest $12 billion in its water and wastewater projects by 2021, Energy Minister Hamid Chitchian said Thursday.
The Energy Ministry and the British Photovoltaic Association (BPVA) signed a memorandum of understanding on the construction of a 1000-megawatt solar power plant in Iran.
South Korea's crude imports from Iran jumped nearly 115% in June from a year earlier as cheaper prices for Iranian condensate prompted Asia's major ultra-light oil buyer to boost purchase of the…
Russia’s atomic energy corporation Rosatom is working on several new joint projects with Iran, the company's deputy director general for international affairs, Nikolai Spassky, said. He added that…
Iran said on Tuesday it had reached an agreement with France to take part in a multi-national nuclear fusion project, a year after it struck a deal with six world powers to curb its own atomic…
