Three offshore oil workers filed a lawsuit against units of Royal Dutch Shell and Enbridge, seeking $1 million in damages for injuries they allegedly suffered during a Nov. 8 fire on a US Gulf…
Energy
Gazprom Neft, the oil division of Russian gas major Gazprom, presented its development plan for Iran's Azar and Changuleh oilfields on Monday.
The presentation took place in a meeting in…
Iran's milestone gas deal with French energy giant Total is expected to take a leap forward by March next year, as Tehran is speeding up efforts to award the project's subcontracts.
Italy's Techint Engineering and Construction signed an agreement with Ardabil Petrochemical Company to provide the technical know-how for the construction of a 500,000-ton petrochemical unit in…
The Iraqi government announced plans to use drones to monitor and protect its export and production pipelines in the first quarter of next year.
Reuters reported on Monday that Oil…
Oil edged up towards $64 a barrel on Tuesday, supported by the Forties pipeline outage in the North Sea, OPEC-led supply cuts and expectations that US crude inventories fell for a fifth week.…
Iran plans to expand its network of gas pipelines from 36,000 kilometers to 45,000 kilometers in eight years, the managing director of National Iranian Gas Transmission Company said.
The National Iranian South Oil Company has devised plans to expand 27 hydrocarbon reservoirs in the oil-rich Khuzestan Province by raising $4.3 billion in finances, the planning manager of NISOC…
Iranians used an average of 79.7 million liters per day of gasoline between Nov. 22 and Dec. 16, up 8% compared with the corresponding period of last fiscal year. The country also burned 80.9…
Oil futures moved higher on Monday as upbeat sentiment about economic prospects in Asia and Europe outweighed concerns over higher US rig count, although a stronger dollar pressured prices.
Global coal demand will be subdued over the next five years, growing at just 0.5% a year, marginally higher than current levels, due to lower consumption in China, the International Energy…
A private Indian company is looking to invest in Iran's infrastructure for the storage of crude oil and byproducts.
India's IMC Group is interested in the construction and maintenance of…
Denmark's Maersk Oil, a new subsidiary of French energy group Total, could sign a deal early next year to develop an offshore Iranian oil project in the Persian Gulf, according to the chief…
The US renewable energy industry expressed relief after a compromise Republican tax bill released late on Friday preserved key tax credits that had been at risk of being removed, but it raised…
Qeshm Gas Condensate Refinery, with a processing capacity of 120,000 barrels per day, will go on stream by the end of January next year, chief executive officer of Iranian Offshore Oil Company…
Iran's crude oil prices eased from their peak levels this year, but continued to trade firmly above the $60-per-barrel mark in the week to Dec. 8.
Egypt's super-giant Zohr Gas Field started pumping on Saturday, bringing the country closer to achieving its goal of self-sufficiency in the supply of liquefied natural gas.
The start of…
China announced on Sunday a five-year plan to convert northern Chinese cities to clean heating during the winter through to 2021, state media reported, amid a deepening heating crisis.
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Iraq plans to build a pipeline network to carry oil products across all its territory as an alternative to expensive and hazardous transport by tanker truck, Oil Minister Jabar al-Luaibi said on…
The supply of natural gas to Behabad, a town of some 17,000 people and the only place in the central Yazd Province without access to the clean fossil fuel, is expected to begin next month, the…
Vessels owned by the National Iranian Tanker Company will join an environmental program aimed at monitoring the emissions of tankers berthing at European ports and terminals, the state tanker…
The government of Alberta—home to the world’s third-largest oil reserves—has auctioned off 595 megawatts of renewable energy capacity to be built in the province, which exceeded the government’s…
More than 350 Iranian experts have received training in Japan pertaining to preserving non-revenue water over the past three years, an official at the National Water and Wastewater Engineering…
Oil prices were mixed on Friday, lingering below two-year highs as the continuing outage of a North Sea pipeline gave support, while climbing US output and weak gasoline demand kept a lid on…
Decisions at some joint ventures with foreign firms are delayed. A growing number of oil tankers sit idle because no one authorizes payments. Employees struggle to get approval for routine…
