The processing capacity of wastewater treatment plants in Iran has increased by more than a quarter in the last four years, Energy Minister Hamid Chitchian said on Friday.
Energy
New US sanctions will make it harder for Russia to build two gas export pipelines to Europe but the projects are unlikely to be stopped.
US President Donald Trump has reluctantly signed…
Domestic experts have indigenized a cutting-edge pump that will help significantly increase extraction rate from oil and gas fields, managing director of state-owned West Oil and Gas Production…
Oil declined for a second day on Monday on speculations that OPEC will fail to stabilize prices amid a global oversupply and concern over Chinese demand.
This came as Venezuelan President…
The Kurdistan Regional Government is refusing to ship oil to Iran because Baghdad refused to consult the semiautonomous regime regarding the export program, a report by Bloomberg said.
Both…
Tajikistan is ready to clear its $62 million debt for purchasing Iranian Sangtoudeh II power plant, the head of Tajikistan's Power Generation and Distribution Company said on Friday.
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Iran issued the much-needed investment license for a joint venture to build a wind farm in Arvand Free Trade Zone, which will be financed by the German company eab New Energy GmbH, managing…
Iran's oil exports to China may rise to the highest in 11 months in August, as demand for heavier Iranian crude increased after the country cut its prices, two sources with knowledge of the matter…
OPEC has delivered record-high adherence to its oil output-cutting pact so far in 2017, but with laggards Iraq and the UAE yet to show how they can meet their prescribed targets, sources say a…
In line with plans to make the best use of facilities and capacities, the Exploration Department of the National Iranian Oil Company and the Iranian Offshore Oil Company, one of the biggest…
The snag hindering the export of Iranian petrochemical products to Turkey has been tackled, returning the situation back to normal, the chairman of Iran Export Confederation said.
Oil retreated from this week’s eight-week highs above $52 a barrel on Wednesday, following a bearish combination of rising US inventories, an outage at a major European refinery and increasing…
Russia’s crude oil output is down 307,600 barrels per day, compared to October levels, the country’s oil minister said.
“At the end of July 2017, the reduction of oil production stood at…
The Federal Reserve Bank of Dallas has released its Energy Update report for July, predicting a further fall in West Texas Intermediate and natural gas prices.
Despite the price fall,…
A Royal Dutch Shell refinery in Rotterdam, the Netherlands, will remain closed until mid-August after a fire at the facility’s electricity stations caused it to shut down over the weekend,…
Iran is looking to expand oil and gas trade in Caspian Sea and increase efforts to tap into the region’s massive hydrocarbon deposits after years of idleness in the Caspian energy market, Oil…
Iran’s Behin Energy Company has signed a memorandum of understanding with two South Korean firms for collaboration in wide-ranging energy projects.
Production from crude oil layers of South Pars Gas Field in the Persian Gulf can increase fivefold from the current level, the spokesman of Majlis Energy Commission said on Tuesday.
Tehran is close to sealing new petrochemical deals with major European companies, a deputy oil minister said on Wednesday.
The Energy Ministry has expanded high voltage power transmission lines by 3.3% over the past four years.
According to the ministry data, the total extent of 132 kV power lines has reached…
Royal Dutch Shell on Tuesday submitted a proposal to the Petroleum Engineering and Development Company for developing Azadegan and Yadavaran oilfields south of Iran.
Some European oil majors have made inroads into the emerging US offshore wind energy market, aiming to leverage their experience of deepwater development and the crowded offshore wind arena at…
Studies conducted by the National Iranian South Oil Company over the last four years show Iran’s recoverable crude oil reserves have increased by 4.4 billion barrels, the managing director of…
Oil traded near $53 a barrel on Tuesday, close to a two-month high, supported by signs that a persistent inventory glut is starting to ease and strong global demand, although stronger OPEC…
BP expects global oil prices to hold within a range of $45-55 a barrel next year, as US shale production grows, the British company’s chief financial officer said on Tuesday. After a slow start to…
