Exxon Mobil misled the public about climate change for years even as its research echoed the growing scientific consensus that global warming is real and caused by human activity, a new study…
Energy
Venezuelan President Nicolas Maduro on Friday called for an "emergency meeting" with US buyers of the country's crude oil amid new sanctions imposed by the United States.
"I am calling…
Iraq’s proposal to change the way it prices crude oil in Asia faces resistance from refiners who fear that longer lead times between pricing and deliveries will expose them to more risk.
In line with efforts to attract much-needed foreign funds to expand power output capacity, the Energy Ministry has signed preliminary deals worth $6 billion to build new thermal power plants…
Russian and Indian companies are in talks over a contract to develop Iran's Farzad-B Gas Field, but other oil and gas explorers are welcome to join the race for the coveted natural gas deposit…
Thailand’s state-owned PTTEP presented the result of its technical surveys on three Iranian oilfields, namely Balal, Changuleh and Dalpari, in a meeting with Iranian officials in Tehran on…
About 22% of US Gulf of Mexico oil production are offline due to Hurricane Harvey, the US Department of the Interior’s Bureau of Safety and Environmental Enforcement said on Friday. That equates…
Oil prices rose on Friday as the US petroleum industry braced for Hurricane Harvey, which may become the biggest storm to hit the US mainland in more than a decade.
Harvey became a…
Scientists at Stanford University in the United States found that for 139 countries, 100% renewable energy use for all purposes is possible by mid-century.
Since most western sanctions on Iran were lifted early last year, Tehran has endeavored to restore its oil exports to a pre-sanction level and attract foreign investments in its energy sector.…
Iran should and will seize the opportunity to consolidate its position in Iraqi's multibillion-dollar economy, Oil Minister Bijan Namdar Zanganeh said.
The Iranian export of crude oil to Russia is to begin next month as per an agreement that will see Tehran paid half in goods and half in cash, the deputy oil minister for international affairs…
Kuwait's state oil company said an oil spill off the country's coast had been contained and that it was in contact with oil companies operating in the Persian Gulf region to locate the source of…
Home energy use is finally exciting to people. Unfortunately for the traditional utilities, it is not because of them.
A combination of new technology and a push toward low-carbon energy…
Even a downtick in photovoltaic solar investment this year will not stop the sector from growing to an estimated global installed capacity of 390 gigawatts by the end of 2017.
At that…
Iran is making efforts to increase its gas condensates refining capacity by installing a demercaptanization (DMC) unit, an important component for processing condensates at a South Pars refinery…
China's gasoline exports to North Korea reduced to a dribble in July, according to customs data, the strongest sign yet that the suspension of sales of the fuel by state oil major CNPC has cut…
Oil Minister Bijan Namdar Zanganeh said on Tuesday Iran's first oil tender within the framework of Iran Petroleum Contract, the country's new model of contracts for oil and gas projects, would…
Close to 780 million barrels of oil were exported from Iran’s largest oil loading and export facility, the Kharg Oil Terminal, in the previous fiscal year that ended on March 20, 2017, Iran Oil…
OPEC will discuss at a meeting in November whether to extend or end production cuts, Kuwait’s Oil Minister Essam al-Marzouq told Kuwait TV on Monday. “At our next meeting at the end of November…
The first total solar eclipse to sweep the US from coast to coast in 99 years plunged broad swaths of the nation into darkness on Monday, putting more than 12,000 megawatts of solar power at…
A series of operations to recondition and expand Tehran's electrical infrastructure will go underway this week, as the sprawling capital slowly prepares to put behind a withering summer that…
Shares in Total rose on Tuesday on the back of upbeat analyst comments regarding the French oil major's $7.45 billion takeover of Maersk Oil. Total was up 0.8% in early session trading, among…
Iran's crude oil traded above $51 a barrel in the week to August 20 in line with bullish sentiments that prices are firming at the $50 per barrel range.
Iran's light oil grade settled at…
Transferring water from the Sea of Oman, the Persian Gulf and the Caspian Sea through pipelines to dry and water-stressed regions is the most effective strategy for tackling water shortage in…
