Iran has exported 5.4 billion cubic meters of natural gas to Turkey during the first six months of the current fiscal year (March 21–Sept. 22) through the Bazargan district, a border crossing in…
Energy
The National Iranian Oil Company is studying the development proposal of Poland’s PGNiG for Sumar Oilfield in western Iran.
Karim Zobeidi, NIOC's deputy director for planning, is…
Indian Oil Corp is considering buying Venezuelan crude for the first time in at least six years, in a move that could help the crisis-struck South American nation settle unpaid bills with…
Technology and big data will change how electric grids are organized and water is transported, creating upside for sustainable investors that may not be priced in today, said a managing director…
Oil prices rose on Tuesday as traders looked to a meeting next week at which major crude exporters are expected to extend production cuts, though rising US output capped gains.
Brent…
Gasoline consumption in the first eight months of the current fiscal year (ending on March 21) reached an average of 81 million liters per day, an increase of nearly 8% compared with the…
Tehran and top energy officials from the European Union explored ways of expanding energy cooperation on the sidelines of a joint convention in Tehran on Monday.
Top officials of major gas producing countries gathering this week in Bolivia will face a harsh reality: Expanding supplies of the fuel are giving global buyers greater sway over purchase and…
Germany’s Raschig GmbH has signed a memorandum of understanding with Iran’s Research Institute of Petroleum Industry on transfer of technology to Iran’s oil, gas and petrochemical industries.
Abu Dhabi National Oil Company, or ADNOC, has embarked on a major shakeup plan to privatize its services businesses, venture into oil trading and expand partnerships with strategic investors,…
Iran is banking on customers in Europe to shore up crude oil exports as the country faces the prospect of losing its foothold in Asian markets that take in the bulk of its shipments.
Nouri Petrochemical Company, one of Iran's top petrochemical producers, plans to list its shares in Tehran by the end of the present fiscal year in March next year, the company's managing…
China, the world’s biggest carbon emitter, is poised to install a record amount of solar power capacity this year, prompting researchers to boost forecasts as much as 80%.
As Venezuela’s dilapidated energy sector struggles to pump enough crude oil to meet the country’s OPEC output target, rival producers within the exporters group have started to plug the gap,…
Oil eased on Monday, as traders were reluctant to take on big new positions ahead of an OPEC meeting next week, when the exporter group is expected to decide whether to continue output cuts…
Iran Privatization Organization is scheduled to auction 41 state-owned filling stations across 14 provinces on Tuesday.
Tehran is ready and willing to play a role in Algiers' joint energy ventures.
Iranian Ambassador to Algeria Reza Ameri made the statement in a meeting with Algerian Energy Minister…
Oil Minister Bijan Namdar Zanganeh said on Monday that a majority of OPEC members support extending output cuts but a final decision will be taken at their next meeting on Nov. 30.
India’s coal imports from North America quadrupled to 2.1 million tons in October from a year ago, the highest since at least January 2015, Thomson Reuters data showed, and buyers are looking to…
Iran has exported 1.2 billion cubic meters of gas to Iraq since late June, the managing director of Iranian Gas Transmission Company said on Saturday, according to Shana, the website of the…
State oil giant Saudi Aramco has shut down its 90,000-barrel per day crude oil refinery in Jeddah indefinitely, industry sources familiar with the matter said on Sunday. Aramco had for years…
Iran's crude oil extended its impressive rally above $60 per barrel, as global markets continue to recover from a stubborn price crash over the last three years.
Iran has produced over 4.5 million barrels of crude from the oil layer of South Pars, the world's largest gas field in the Persian Gulf, since production began nearly eight months ago, the…
Iran could export its first liquefied natural gas cargo from the Persian Gulf as early as next year, if it presses ahead with its proposed floating LNG production project.
The world's largest oil exporter could be poised to back out of a widely anticipated extension to global supply cuts, Chris Weafer, senior partner at Macro-Advisory, said on Friday.
