Oil markets jumped on Monday as Iraqi forces entered the oil city of Kirkuk, taking territory from Kurdish fighters and raising concerns over exports from OPEC’s second-largest producer.
…Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Asia is set to ramp up crude oil imports from the United States in late 2017 and early next year, with buyers searching out cheap supplies after hurricanes hit US demand for the commodity at a…
Rehabilitating dilapidated refineries, completing the Persian Gulf Star Refinery and Siraf Refineries Complex and commercializing gas stations top the National Iranian Oil Refining and…
Russian energy firm Gazprom Neft is chafing at a global deal to cut oil output because the pact has forced the company to curtail its ambitious plans for production growth, deputy chief…
In the face of tight state funding and financial pressure, private companies have taken on the mantle of developing Iran's water and power infrastructure, Iran's caretaker energy minister said…
Iran exported $5.57 billion worth of petrochemical and polymer products in the first six months of the current fiscal year (March 21-Sept. 22), up $1.2 billion compared to the same period of…
US President Donald Trump’s hardened stance on a multinational nuclear deal between Iran and six major powers will not have much impact on global oil prices, Oil Minister Bijan Namdar Zanganeh…
South Korea’s imports of Iranian crude oil hit the highest level in six months in September amid Iran’s push to regain its lost market share during years it was under sanctions over its nuclear…
Khazar Exploration and Production Company (KEPCO) signed a memorandum of understanding with the National Iranian Oil Company on Saturday to expand scientific, technical and exploratory…
The Danish Parliament is considering a law that could affect the Nord Stream 2 project that will help supply Russian gas to the EU market via Baltic Sea.
Russia says it has a…
Global energy storage capacity could triple and storage costs could fall by 66% by 2030, driven by a doubling in renewable energy capacity, the International Renewable Energy Agency (IRENA)…
Iran's light crude oil rally fizzled in the week to October 6 after breaking the $57-per-barrel mark last month, its highest level in the year.
Iran's electricity exports rose nearly 25% in the first six months of the current fiscal year (March 21-Sept. 22) from the same period of a year ago, a deputy energy minister said on Sunday.
Iran's largest annual exhibition on water and wastewater, also known as Watex, opened in Tehran on Monday.
The 13th International Water and Wastewater Exhibition, which will run until…
Saudi Arabia is considering delaying the international portion of the giant initial public offering of its state oil company until at least 2019, according to people familiar with the situation…
Russia has accounted for oil at $40 a barrel in its budget, the country's Finance Minister Anton Siluanov told CNBC in a TV interview on Friday.
Brent crude was trading above $57 on…
The European Commission wants Russian gas giant Gazprom to make more concessions in order to end a six-year long antitrust investigation, the commission said on Friday after another round of…
About 13% of US Gulf of Mexico oil production remains offline in the aftermath of Hurricane Nate, the US Department of the Interior’s Bureau of Safety and Environmental Enforcement said on…
A tender for the construction of part of a pipeline to transfer crude oil to Jask Oil Terminal in the southern Hormozgan Province is due to be held in the next few days, the managing director of…
In line with efforts to enhance power production capacity, the Thermal Power Plants Holding Company is in serious talks with East Asian firms to attract investment to build new thermal power…
A top official at Iran's state oil company on Saturday sought to ensure that the country's key petroleum industry will not be rattled by US President Donald Trump's decision to decertify Tehran'…
Oil prices will crash to just $10 per barrel over the next six to eight years, as alternative energy fuels continue to attract more and more investors, Chris Watling, chief executive of London-…
Global supply and demand for crude oil will be largely balanced next year, as growth in consumption helps erode a three-year-old overhang of unused fuel and should mostly offset a steep rise in…
Oil prices firmed on Friday as bullish news from strong Chinese oil imports to turmoil in the Middle East put Brent on track for a more than 3% weekly gain. The developments added to other signs…
Iran's recoverable oil reserves are estimated at 101 billion barrels, the head of a special department at the National Iranian Oil Company that oversees reservoirs, said.
Karim Zobeidi…
