Iranian researchers have devised a way to develop solar photovoltaic panels based on an environmentally-friendly and cost-effective technology.
A group of experts at state-owned…
Energy
Confident of higher oil prices and improved outlooks for global markets, Iran may plan its budget for the fiscal 2018-19 based on a crude price of $55 per barrel, the spokesperson of Majlis…
Russian oil output rose to 10.94 million barrels per day in November from 10.93 million bpd in October, its energy ministry data showed on Saturday. In tons, oil output fell to 44.78 million…
Oil exports from Iraq’s southern ports rose to an average of 3.5 million barrels per day in November from 3.35 million bpd in October, Basra Oil Company Director General Ihsan Abdul Jabbar said…
Exxon Mobil Corp is merging its refining and marketing divisions to boost profits from its downstream businesses, the first major restructuring under its chief executive, Darren Woods.
In line with efforts to renovate petrochemical plants, Nouri Petrochemical Company in southern Bushehr Province has started to upgrade its equipment and facilities in cooperation with two French…
Google, the biggest corporate buyer of renewable energy, is buying even more—536 megawatts of wind power from four power plants.
As part of the Alphabet Inc., Google has agreed to buy…
Venezuelan authorities on Thursday arrested two once-powerful officials who had run the oil ministry and state energy company PDVSA as part of a deepening industry purge by President Nicolas…
Tehran is planning to implement new energy projects for boosting its oil and gas extraction level and Azerbaijan’s state-run oil company SOCAR is welcome to play an active role.
Iran's total crude production from the oil layer of South Pars, a large gas field in Persian Gulf, has surpassed 4.7 million barrels, since production began more than eight months ago, a senior…
Oil Minister Bijan Namdar Zanganeh met with his Iraqi counterpart Jabbar al-Luaibi in Vienna late Thursday for the latest round of talks on the terms of a crude swap deal that will help supply…
Danish conglomerate AP Moller-Maersk said on Friday it will invest $3.4 billion together with British-Dutch oil producer Shell, among others, to redevelop and extend the production life cycle of…
Oil prices rose on Friday, following an agreement by OPEC and other major producers to extend output curbs until the end of 2018 to try to reduce the global oil glut.
Brent traded at $63…
Solar-powered generating capacity is growing at a crackling pace in emerging markets.
The growth is fuelled by low-priced equipment and innovative new applications that are expanding…
Electronic vehicles have become a key element of the energy transition with an analyst at Bloomberg New Energy Finance expecting 530 million EVs on the road by 2040 to disrupt the global crude…
Oil prices slipped on Wednesday as doubts set in about Russia’s willingness to substantially extend a deal to curb output between some of the world’s biggest exporters aimed at tackling global…
A considerable amount of potable water in northern and southern coastal towns is provided by water desalination units, the deputy head of the National Water and Wastewater Engineering Company…
Current policies ruling the market of small-scale power plants with distributed generation systems that use diesel generators have drawbacks and require revision, the rapporteur of Majlis Energy…
Iraq is planning to increase production from the giant Rumaila Oilfield to about 1.5 million barrels per day in 2018, the head of Rumaila operations said. Rumaila Oilfield, developed by Britain’…
Iran has kept up the pace of crude oil and natural gas production in the second and last term of Hassan Rouhani as president, government data indicated.
In a report…
The global oil market could tighten toward the second half of 2018 if demand remains robust and key producers continue their current policies, International Energy Agency chief, Fatih Birol,…
The general appointed to run Venezuela's energy sector will bring more military officials into the senior ranks of state oil company PDVSA during a major shakeup intended to root out corruption…
For the last decade, smaller oil companies have led the way in shale technology, slashing costs by as much as half with breakthroughs such as horizontal drilling and hydraulic fracking that…
OPEC is heading for tougher-than-expected policy talks this week amid concern that its efforts to rebalance the oil market might overshoot by creating a global deficit and spurring a further…
Norway’s Statoil will continue to drill for oil in the Arctic Barents Sea next year even though its 2017 campaign was mostly disappointing, the company’s head of exploration told Reuters on…
