China’s imports of liquefied natural gas jumped to a monthly record in November, as residential and industrial demand surged in line with Beijing’s drive to promote the use of gas rather than…
Energy
The Trans Adriatic Pipeline taking gas from Azerbaijan to Europe will pump gas into Italy at the start of 2020, despite local protests against the €4.5 billion ($5.3 billion) project, the TAP…
The oil industry discovered the least amount of oil in 2017 in almost eight decades, breaking the previous record low set in 2016.
The global oil industry has discovered less than 7…
Electric car makers and the renewable energy industry can mostly breathe a sigh of relief after many feared changes to the US tax code would weigh on demand for clean technology.
Russia and Sudan have signed an agreement to construct a nuclear power plant in the North African country, Russia’s Rosatom said on Friday. The agreement was signed by Rosatom’s subsidiary…
China's financing terms for Iran's energy and petrochemical projects are suitable, the chairman of Iran-China Chamber of Commerce said, stressing that these pave the way for China's stronger…
The misfortunes of Venezuela’s state-owned oil company are now roiling the clear waters of the Caribbean Sea.
Oil prices rose in light volumes on Friday, steadying near their highest levels since 2015 on pledges from OPEC leader Saudi Arabia and non-OPEC Russia that any exit from crude output cuts would…
In line with policies to develop energy hubs in Iran, Qeshm Free Zone Organization has devised plans to attract close to $10 billion in foreign and domestic investments for energy projects on…
In the wake of an earthquake that jolted Tehran and its surrounding cities this week, the National Iranian Gas Company says it has devised a way to avoid major gas explosions in the aftermath of…
European Union lawmakers and member states on Thursday agreed climate targets for 2030 in a move to meet the bloc’s obligations under the Paris Agreement, which seeks to avoid the worst effects…
Oil prices on Friday dipped away from some of their highest levels since 2015, weighed down by rising US output and the expected January re-opening of the Forties pipeline in the North Sea.
Negotiations to develop two oilfields in the southern Khuzestan Province, namely Shadegan and Karanj, will be finalized by the end of the current fiscal that ends in March 2018, the National…
An earthquake whose tremors were felt in Tehran and surrounding areas late on Wednesday drove up gasoline consumption as people rushed to open spaces and inside their cars for safety.
OPEC and Russia will exit from oil production cuts very smoothly, possibly extending the curbs in some form so as not to create any new surplus in the market, the Russian energy minister told…
Saudi Arabia will initiate talks with the US administration within a few weeks about the participation of US nuclear energy companies in the kingdom’s first civilian nuclear energy project.
China is set to open its first solar highway that can generate electricity from sunlight.
The two-kilometer-long stretch of highway, situated in Jinan, could charge electric cars as they…
The French legislature passed a law prohibiting all oil and gas exploration and production within its borders and territories by the year 2040—right around when oil is expected to reach peak…
Eni SpA and Royal Dutch Shell Plc and senior executives will face trial over a $1.1 billion bribery scandal in Nigeria, an Italian judge ruled on Wednesday.
"The trial will start on…
Oil prices inched up on Wednesday, supported by expectations of a fall in US crude inventories and by the ongoing outage of the North Sea Forties pipeline system.
Surveying the ocean floor for oil and natural gas reserves is gradually emerging from a multi-year slump, everywhere apart from Asia.
Although Asia is the world’s biggest consumer of oil…
Local oil and gas producers look to acquire the rights to develop two oilfields in the southern Khuzestan Province, despite facing competition from foreign energy rivals.
London-based Serica Energy that recently acquired a stake in Rhum Gas Field, co-owned by Iran, is willing to invest in Iran's lucrative oil market upon the completion of the Rhum project.
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An Australian rail company has restored a disused train to be 100% powered by solar energy- a world first for the transportation sector.
French tycoon Dominique Louis is doubling down on atomic power, betting that global warming will foster a nuclear renaissance.
