Having made inroads in the world's largest gas field in the Persian Gulf after a decade of development, Iran is moving on to other gas ventures to diversify its natural gas supplies amid hopes…
Energy
In line with efforts to expand electricity output capacity, the Thermal Power Plants Holding Company has signed three preliminary deals to build new thermal power plants that will add 8,400…
Raising water tariffs is imperative to government's efforts to remedy Iran's water sector that is beset by excessive consumption and declining investments, the Energy Ministry's caretaker said…
The self-styled Islamic State terrorist group set fire to three oil wells near Hawija, west of the oil city of Kirkuk, one of two areas of Iraq still under their control, military and oil…
Western and Asian companies are edging closer to new deals with Tehran, which could see them spend over $10 billion on Iranian petrochemical ventures, supporting the country’s vision to double…
The administration of US President Donald trump has thrown a lifeline to the last hope for a US nuclear power revival, offering $3.7 billion in additional loan guarantees for Southern Co.’s…
OPEC oil output rose last month by 50,000 barrels per day, a Reuters survey found, as Iraqi exports increased and production edged higher in Libya, one of the producers exempt from a supply-…
Crude oil production from Azar Oilfield in the western Ilam Province near the Iraqi border has been stabilized at 30,000 barrels per day.
Imports of Iranian crude by major buyers in Asia rose for a second month in a row in August to hit their highest level since March, helped by a spike in purchases by China and South Korea.
The Khuzestan Governorate last week signed preliminary agreements with investors from Poland and Denmark to expand wind farms in the southern Khuzestan Province.
According to the…
Former German Chancellor Schroder has been elected to the board of Russian energy giant Rosneft. Despite controversy at home, his seat was all but certain as the Russian government had nominated…
Oil eased on Wednesday, edging lower for a second day, although an unexpected drop in US crude inventories helped keep the price within sight of this week’s 26-month highs.
Iranian and Azerbaijani officials discussed in Baku on Wednesday the exploration and development of Caspian Sea oil and gas fields, in the latest rounds of talks between the two countries to tap…
Iran has started the export of petrochemicals to New Zealand, expanding the outreach of Iranian petrochemical shipments to the Oceania, managing director of TOPCO, a supplier of petrochemicals…
Iran could hold a tender to develop the second and third phases of its Persian Gulf Star Refinery project, a major condensate processing facility by the Persian Gulf and a fundamental element in…
It is "not unreasonable" to expect oil prices at $60 a barrel by the end of the decade, Royal Dutch Shell CEO Ben van Beurden told CNBC's "Managing Asia". To be sure, that is not a large rise…
Iran and the Philippines explored ways to expand oil trade and embark on petrochemical joint ventures in a meeting between Oil Minister Bijan Namdar Zanganeh and Jose De Venecia, special envoy…
Saudi Aramco’s trading arm will start dealing with non-Saudi crude oil to mainly feed its international joint ventures, as the world’s largest oil exporter seeks to optimize profits, industry…
Crude oil production from the giant South Azadegan field near the Iraqi border has increased by 22,000 barrels per day.
According to the National Iranian Oil Company's news portal, the…
In line with efforts to set up a regional power grid, Iran Power Generation, Distribution and Transmission Company, known as Tavanir, is in talks to synchronize Iran's electricity network with…
The caretaker energy minister last week outlined an unsurprising uptrend in Iran’s water and electricity use, rendering as insufficient government efforts and public pleas to a population of 80…
The French government plans to invest €20 billion ($23.5 billion) in an energy transition plan, including €9 billion toward improved energy efficiency, €7 billion for renewables and €4 billion…
The age of persistently weak oil prices is nearing its end, with demand booming and a supply squeeze in the offing, the world's third-largest trading house Trafigura Group announced.
"…
Brent oil prices hovered near 26-month highs on Tuesday, supported by Turkey’s threat to cut crude exports from Iraq’s Kurdistan region and signs of quicker market rebalancing.
A consortium of Iranian, Venezuelan and Syrian companies plan to build a crude oil processing facility in Syria, with Iran to play a leading role in the refinery project, the deputy head of the…
