A Rosatom delegation is due in Tehran on April 21 to discuss nuclear fuel production, as well as construction of two power plants in the south of Iran, deputy managing director of the Atomic…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
China is poised to become the second-largest net natural gas importer as soon as next year, behind only OECD Europe, according to the International Energy Agency (IEA).
The American oilfield services company Baker Hughes said the number of rigs exploring for oil and natural gas in the US declined by 40 this week to 988 amid depressed oil prices. It was…
UK Oil & Gas Investments (UKOG) said up to 100 billion barrels of oil have been found beneath Gatwick Airport in south of London, believed to be worth more than £300 billion. However, the…
The output of South Pars gas field Phase 12 has reached a record high of 80 million cubic meters per day in the present Iranian year (started March 21), Rasoul Fallahnezhad, Phase 12 director said…
The nationwide power plants overhaul project, which started last August, has made nearly 70 percent progress, comprising more than 66,000 MW power generation capacity, Moj news agency said in a…
China will reportedly finance the Iran-Pakistan (IP) natural gas pipeline from Iran, home to the world’s second largest reserves, to energy-deprived Pakistan.
The final deal is to be signed…
OPEC's strategy of holding output steady is not working and the group's members should discuss production levels before its next meeting in June, Iran's oil minister said in an interview with…
The Pars Oil and Gas Company (POGC) is in talks with both Iran Marine Industrial Company (SADRA) and Khatam-al-Anbia Engineering Firm to speed up the development of South Pars gas field phases 13…
Power consumption in Iran is three times higher than the global average, energy consumption deputy at the Iran Power Generation Transmission & Distribution Management Company (Tavanir) said,…
Turkey may consider selling Trans-Anatolian Pipeline (TANAP) project shares to Iran, according to the country's Energy Minister Taner Yildiz.
Oil rose towards $58 a barrel on Friday, heading for a weekly gain, supported by an easing of concerns that the interim accord over Iran's nuclear work will lead to a rapid rise in Iranian oil…
Experts have divergent opinions on the cost-effectiveness of power generation via hydroelectric power plants; however, according to one analyst, hydropower is by and large more economical in…
A final nuclear deal with Iran and the lifting of oil export sanctions from the OPEC member could lead the Energy Information Administration to lower its oil price forecast for next year by as…
Royal Dutch Shell said on Wednesday it had agreed to buy BG Group for $70 billion (£47 billion) in a bid to close the gap on the world's biggest oil major, US ExxonMobil.
Canadian heavy crude’s discount to West Texas Intermediate oil shrank 35 cents to $11.90 a barrel - the smallest since June 2013 - as exports surged south to US refineries running at their…
The Iranian Offshore Oil Company (IOOC) plans to hold two tenders in the near future for domestic and foreign investors that include the overhaul of 40 and drilling of 15 oil wells, Saeed Hafezi,…
Around 145 compressed natural gas (CNG) stations are being built across the country, and "many of them are due to go operational this year," director of CNG at the National Iranian Oil Production…
Iran will not reduce the price of gas it exports to Turkey unless a new contract is signed between the two neighbors whereby Turkey undertakes to increase the amount of gas it imports from Iran;…
Petrochemical output is to rise by 14 million tons upon the completion of 12 major projects in the present Iranian year (started March 2015), Deputy Oil Minister Abbas Shari-Moghadam said, Mehr…
Iran's oil tanker fleet is among modern fleets in the world and "easily meets global standards," managing director of the National Iranian Tanker Company (NITC) said, Mizan News Agency reported…
Associated petroleum gas (APG) should be utilized to generate electricity, head of the parliament's energy committee said, referring to economic and environmental burdens that have been imposed on…
Close to 9 billion liters of petroleum products were produced, and nearly 90 million barrels of oil processed by Tehran Oil Refinery (TOR) in the previous Iranian year (ended March 21), Shana News…
Azerbaijan’s state energy company SOCAR plans to construct a new platform on the Darwin Bank field in the Azerbaijani sector of the Caspian Sea by late 2015, Azer News reported.
…
An estimated $1 billion is invested annually to build dams and hydroelectric plants by the Iran Water and Power Resources Development Company (IWPC), the company's managing director stated.
