Italy's Ansaldo Energia signed a memorandum of understanding with several subsidiaries of the state oil company NIOC on Wednesday on using natural gas that is being burned off in South Pars Gas…
Energy
Iranian exports of ultra-light crude oil, known as condensate, are set to recover 1% in November from a five-month low in October, although maintenance at a key oilfield will continue to drag on…
An oil spill in the Gulf of Mexico last week may be the largest in the US since the 2010 blowout at BP Plc’s Macondo well that sank the Deepwater Horizon rig.
Oil prices firmed on Tuesday, building on gains made as fighting between Iraqi and Kurdish forces threatened supplies from northern Iraq while tension rose between the United States and Iran.…
Austria’s Solar and Benefit Group and Fars Province Investment Services Center signed a memorandum of understanding on Tuesday for building four solar power plants in Abadeh County in the…
Global oil demand growth will slow to a crawl and gasoline use will peak within the next decade, prompting the world’s biggest energy companies to accelerate the shift to natural gas and…
The Organization of Petroleum Exporting Countries has a compliance rate with their output cut pledges of about 86%, the executive director of the International Energy Agency said on Tuesday.
Pergas Consortium, a group of international oil and gas companies, submitted its development proposals for Karanj Oilfield, a reservoir in Khuzestan Province.
Unenthusiastic about trading oil in the US dollar and South Korea's won, Iran wants more euro payments for the crude oil it sells to South Korea, Oil Minister Bijan Namdar Zanganeh said,…
Oil demand will grow at a healthy pace over the next five years, as renewables show the fastest expansion of any type of energy, the head of the Organization of Petroleum Exporting Countries…
Oil markets jumped on Monday as Iraqi forces entered the oil city of Kirkuk, taking territory from Kurdish fighters and raising concerns over exports from OPEC’s second-largest producer.
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Asia is set to ramp up crude oil imports from the United States in late 2017 and early next year, with buyers searching out cheap supplies after hurricanes hit US demand for the commodity at a…
Rehabilitating dilapidated refineries, completing the Persian Gulf Star Refinery and Siraf Refineries Complex and commercializing gas stations top the National Iranian Oil Refining and…
Russian energy firm Gazprom Neft is chafing at a global deal to cut oil output because the pact has forced the company to curtail its ambitious plans for production growth, deputy chief…
In the face of tight state funding and financial pressure, private companies have taken on the mantle of developing Iran's water and power infrastructure, Iran's caretaker energy minister said…
Iran exported $5.57 billion worth of petrochemical and polymer products in the first six months of the current fiscal year (March 21-Sept. 22), up $1.2 billion compared to the same period of…
US President Donald Trump’s hardened stance on a multinational nuclear deal between Iran and six major powers will not have much impact on global oil prices, Oil Minister Bijan Namdar Zanganeh…
South Korea’s imports of Iranian crude oil hit the highest level in six months in September amid Iran’s push to regain its lost market share during years it was under sanctions over its nuclear…
Khazar Exploration and Production Company (KEPCO) signed a memorandum of understanding with the National Iranian Oil Company on Saturday to expand scientific, technical and exploratory…
The Danish Parliament is considering a law that could affect the Nord Stream 2 project that will help supply Russian gas to the EU market via Baltic Sea.
Russia says it has a…
Global energy storage capacity could triple and storage costs could fall by 66% by 2030, driven by a doubling in renewable energy capacity, the International Renewable Energy Agency (IRENA)…
Iran's light crude oil rally fizzled in the week to October 6 after breaking the $57-per-barrel mark last month, its highest level in the year.
Iran's electricity exports rose nearly 25% in the first six months of the current fiscal year (March 21-Sept. 22) from the same period of a year ago, a deputy energy minister said on Sunday.
Iran's largest annual exhibition on water and wastewater, also known as Watex, opened in Tehran on Monday.
The 13th International Water and Wastewater Exhibition, which will run until…
Saudi Arabia is considering delaying the international portion of the giant initial public offering of its state oil company until at least 2019, according to people familiar with the situation…
