Energy

iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.

  • Iranian ambassador to Turkey says: "Iran's gas can be transported to Europe through Turkey, but negotiations are still underway," Tasnim news agency reported.

  • The United Nations will cooperate with Iran on water resources management and lagoon preservation, UN resident coordinator in Iran said during his visit to Khuzestan Province, IRNA…

  • An Iranian oil company has been closed down and handed over to the National Iranian Oil Company (NIOC) in spite of the fact that it was supposed to be privatized as per Article 44 of the…

  • Japan's government has proposed making nuclear energy account for between 20 and 22 percent of the country's electricity mix by 2030, with renewable energy to account for slightly more, Reuters…

  • Russia and Argentina signed a series of framework agreements on energy co-operation following talks in Moscow. Among the framework agreements was a Russian pledge to finance a hydroelectric power…

  • Total SA said it may take advantage of the slump in crude to make acquisitions that build on the strengths of Europe’s third-biggest oil company in deepwater offshore fields and liquefied natural…

  • South Korea and the United States reached a deal on Wednesday to revise a 40-year-old civil nuclear pact that gives the Asian country limited freedom to produce fuel for power generation but…

  • The completion of oil and gas projects is a government priority to fulfill the needs of the 'economy of resistance,' a policy proposed by the Leader of the Islamic Revolution Ayatollah Seyyed Ali…

  • Russia’s biggest gas utility, Gazprom, was hit with an antitrust case by European Union regulators for “abusing” its dominant position and overcharging customers for gas supplies, RT reported.

  • China's crude imports from Iran rose 15 percent in March from a year ago to a 10-month high, although still below the purchases expected from the Iran's largest oil client.

  • South Pars gas field Phase 13 has had a 74 percent progress and will go into partial operation in the next Iranian calendar year (begins March 2016), chief executive officer of the phase said,…

  • Production of Euro-4 standard gasoline in Kermanshah Refinery, which was due in 2016, has been postponed to 2019, managing director of Kermanshah Oil Refining Company told ISNA.

  • An Omani delegation arrived in Tehran to discuss technical issues surrounding gas exports from Iran to the Arab country, managing director of the National Iranian Gas Exports Company (NIGEC) said…

  • Although ministers of oil and industry have the opposite views on pricing gas feedstock for petrochemical plants, it is expected that they reach a final agreement, yet minister of industry seems…

  • Unpaid debts to Iran from world petrochemicals and refineries have amounted to 15 to 18 billion dollars among which Greece, India, Shell, BP refineries and Korea Petrochemicals are on top of the…

  • A court in Japan rejected an attempt by local residents to halt the restart of two nuclear reactors at the Sendai plant in Kagoshima prefecture, BBC reported. Kyushu Electric Power already had…

  • Oil prices dipped under $62 a barrel on Wednesday after industry data showed a build in US crude inventories for the 15th straight week, adding to concerns of a global supply glut.  Brent…

  • Vitol Group, the world’s biggest independent oil trader, said the cost of finding and pumping crude will prevent prices from dropping much lower than where they are now for prolonged periods,…

  • European Union regulators are likely to set out anti-monopoly charges against Russia’s energy giant Gazprom, according to reports. State-controlled Gazprom, a major gas supplier to Europe, is…

  • The world's first floating liquefied natural gas (LNG) project, built by Petronas, is expected to supply its first cargoes in the first quarter of 2016, senior officials from the Malaysian state-…

  • Norway's Statoil has teamed up with Eni, Lundin Petroleum, OMV and GDF Suez to coordinate exploration activities in the Norwegian Arctic to reduce costs, it said on Tuesday.

    The three-year…

  • A new round of negotiations was initiated between power distributing companies and Japan International Cooperation Agency (JICA), whereby the latter will provide assistance as regards…

  • The oil ministry has rejected an oil drilling project in West Karun region on account of potential environmental consequences of the operations on Hoor-al-Azim wetland, Oil Minister Bijan Namdar…

  • The present oil prices are against the interests of oil producing countries and the stability of global oil market, President Hassan Rouhani said after a meeting held with Venezuelan Oil Minister…

  • Norway launched its 2015 oil and gas licensing round in mature areas on Tuesday, expanding it to include blocks near recent discoveries. New blocks included in the round are near Statoil's Aasta…