Oil rose on Tuesday, after Libya said loadings of crude at a key port had been suspended, offsetting an earlier dent to the price caused by evidence of the inexorable growth in US oil output.…
Energy
The debate over how to price natural gas has been settled, at least for exporters, and oil-indexing should prevail.
Shale output at seven major US oil and gas plays will climb by 131,000 barrels per day next month to hit 6.95 million bpd, according to a new report by the Energy Information Administration on…
Egypt’s Petroleum Ministry is in the process of issuing a global tender before the end of this year to explore petroleum wealth, including in the Red Sea.
The tender notice will be…
Oil prices fell on Monday on expectations that US output will rise this year, erasing earlier gains buoyed by lower weekly US rig counts and falling US unemployment.
Brent crude futures…
Growth in global energy demand through 2040 will be driven by increasing prosperity and improving living standards in fast-growing emerging economies.
Plentiful supplies of energy will…
Iraq’s Oil Ministry on Monday said the nation would reduce its petroleum products' imports by 25%, as crude oil refineries are being rehabilitated following the destruction caused by the self-…
Abu Dhabi National Oil Company said on Sunday it has signed 40-year agreements with Eni, awarding the Italian company a 10% stake in its Umm Shaif and Nasr offshore oil concession and a 5% stake…
Euro-4 gasoline indexes are regularly checked to ensure they do not violate international standard levels, director of the Comprehensive Monitoring Office at the Department of Environment said…
The National Iranian Oil Company has signed deals with five top Iranian universities on studying the country's hydrocarbon reserves and conducting oil and gas discovery activities.
Supplying electricity to villages in far-flung areas is on the agenda of Iran Power Generation, Distribution and Transmission Company (Tavanir), the head of the rural electricity supply project…
Iran's waste-to-energy plants can now generate 11 megawatts of electricity daily, the managing director of Renewable Energy and Energy Efficiency Organization (aka Satba) announced.
Iran's engineering MAPNA Group has successfully indigenized an improved design of a highly efficient gas turbine for use in domestic and foreign power stations, an official in the energy…
The second phase of cooperation between the Petrochemical Research and Technology Company, a subsidiary of National Petrochemical Company, and four domestic universities and institutes will…
Jordan selected 45 companies, including France’s Total SA and Saudi Arabia’s ACWA Power, as finalists to bid for six solar and wind energy power plants with a total capacity of 300 megawatts.
The leaders of France and India reiterated their intention to start work by the end of this year on what could become the world’s largest nuclear power plant, advancing talks that have continued…
There will be at least one home still welcoming fossil fuels in the face of a growing threat from cleaner resources, according to Royal Dutch Shell Plc.
Heavy industry relies on…
The fossil fuel industry is putting $1.6 trillion of investment at risk if the world gets its act together and tries to adhere to the climate change targets as part of the Paris Climate…
South Pars Gas Company has signed a deal with an unnamed domestic firm on transferring the associated petroleum gases from Phase 12 of the giant South Pars Gas Field in Persian Gulf.
The most stable strategy for having long-term access to sustainable water resources is by expanding wastewater treatment projects.
Energy Minister Reza Ardakanian made the statement in a…
Narsi Ghorban, a prominent Iranian energy analyst from London University, expressed concerns over the cut in oil budget, saying it could inflict long-term damage on the industry.
A cold winter in China could be signaling a hotter market for a new wave of US natural gas exports sooner than expected.
Cheniere Energy CEO Jack Fusco said Chinese demand for liquefied…
Malaysia’s state-owned Petronas plans to upgrade its refinery in Kerteh, Terengganu, by 2022 and is looking for new condensate suppliers, including Iran's giant South Pars Gas Field in the…
Oil prices rose nearly $2 on Friday, rebounding from two days of declines as Wall Street climbed on strong US jobs data, while investors also grew hopeful that a planned meeting between US…
Oil trading giants, including Glencore Ltd. and Vitol SA, paid millions of dollars to a former PDVSA trader to get the inside track on Venezuelan oil deals, according to a lawsuit filed by a…
