Energy

Iran has exported 250 million cubic meters, or just over 1 million cubic meters per day, of natural gas to Armenia since the beginning of the current fiscal year on March 21, the managing…

OPEC will have to decide whether to extend global oil cuts without knowing whether they are triggering a new flood of rival supply from US shale producers.  

Representatives of major energy-exporting nations on Friday said they oppose the use of unilateral sanctions on any of their members in a dig at the United States for its moves against Russia,…

In line with efforts to complete the development project of South Pars, the first boiler for Phase 13 gas refinery went on stream on Friday, the director of Phase 13 development project said.

Iran's tanker shipping company plans to expand cooperation with Norwegian suppliers of parts for oil tankers while pushing for measures to align with global environmental standards, head of the…

Russia held its position as China’s top crude oil supplier for the eighth month in a row in October, customs data showed on Friday.

Shipments from Russia in October hit 4.64 million tons…

US oil prices jumped to a two-year high on Friday as North American markets tightened on the partial closure of the Keystone pipeline connecting Canadian oilfields with the United States.

Iran and Armenia explored grounds to develop closer collaboration in energy projects in a meeting between Hamidreza Araqi, managing director of National Iranian Gas Company, and Armenian Prime…

OPEC and non-OPEC producers, led by Russia, have crafted the outline of a deal to extend their oil production cuts to the end of next year, although both sides are still hammering out crucial…

Having access to some of the world's largest hydrocarbon resources, Iran plays a key role in determining the policies of the world's top gas exporters, First Vice President Es'haq Jahangiri said…

France added 500 megawatts of new wind power capacity in the third quarter, taking new wind capacity since the start of the year to 1,019 MW, 23% higher compared with the same period of a year…

Despite facing low levels of rainfall and hot temperatures, Iran has managed to extract 10% more electrical power from its hydroelectric dams since March 2017, the beginning of its fiscal year,…

Oil prices spiked on Wednesday with US light crude hitting highs not seen since July 2015 after faults on a major pipeline dented Canadian deliveries to the United States, where crude…

While OPEC is said to be mostly leaning toward a nine-month extension of the production cuts, Russia’s Energy Minister Alexander Novak and major Russian oil companies discussed last week a six-…

Uzbekistan is willing to have a stake in Iran's petrochemical ventures around the Persian Gulf, the head of the National Petrochemical Company said on Wednesday.

Iran has exported 5.4 billion cubic meters of natural gas to Turkey during the first six months of the current fiscal year (March 21–Sept. 22) through the Bazargan district, a border crossing in…

The National Iranian Oil Company is studying the development proposal of Poland’s PGNiG for Sumar Oilfield in western Iran.

Karim Zobeidi, NIOC's deputy director for planning, is…

Indian Oil Corp is considering buying Venezuelan crude for the first time in at least six years, in a move that could help the crisis-struck South American nation settle unpaid bills with…

Technology and big data will change how electric grids are organized and water is transported, creating upside for sustainable investors that may not be priced in today, said a managing director…

Oil prices rose on Tuesday as traders looked to a meeting next week at which major crude exporters are expected to extend production cuts, though rising US output capped gains.

Brent…

Gasoline consumption in the first eight months of the current fiscal year (ending on March 21) reached an average of 81 million liters per day, an increase of nearly 8% compared with the…

Tehran and top energy officials from the European Union explored ways of expanding energy cooperation on the sidelines of a joint convention in Tehran on Monday.

Top officials of major gas producing countries gathering this week in Bolivia will face a harsh reality: Expanding supplies of the fuel are giving global buyers greater sway over purchase and…

Germany’s Raschig GmbH has signed a memorandum of understanding with Iran’s Research Institute of Petroleum Industry on transfer of technology to Iran’s oil, gas and petrochemical industries.

Abu Dhabi National Oil Company, or ADNOC, has embarked on a major shakeup plan to privatize its services businesses, venture into oil trading and expand partnerships with strategic investors,…