China said it will form a national oil and pipeline company, the first public acknowledgment of the massive energy industry overhaul planned since at least 2014.
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Energy
OPEC and its allies will probably achieve their goal of draining oversupply from the oil market and boosting prices by next month, says Jeff Currie, global head of commodities research at…
Energy
Iraq is willing to boost technical cooperation with Iranian power engineering firms, the Arab country’s electricity minister said. Luay al-Khateeb made the statement at the opening ceremony of…
Energy
The amount of associated petroleum gas burning out from the 8th South Pars Refinery has reached zero, managing director of the refinery said Tuesday. "Optimization of sulfur recovery and ethane…
Energy
Developing Phase 14 of South Pars Gas Field along with the Kish Gas Field are among priorities of Pars Oil and Gas Company in the next fiscal (begins March 21), the managing director said Monday…
Energy
Bushehr Nuclear Power Plant in the southern namesake city has temporarily been shut down for technical overhaul, head of the plant said. "This year's overhaul involves partial disassembly of…
Energy
The sole hydroelectric power plant in Isfahan Province will restart operation next week, said the deputy of conservation and utilization at the Isfahan Regional Water Company. The power plant…
Energy
National Iranian Gas Company has started supplying compressed natural gas through pipelines to about 1,000 households in the city of Zabol in southeastern Sistan-Baluchestan Province, governor…
Energy
Energy Minister Reza Ardakanian says the Majlis has allowed his ministry to borrow €300 million from the National Development Fund of Iran for improve precautionary measures against…
Energy
Construction of a new ethylene oxide plant will begin soon in Andimeshk, Khuzestan Province, director of public relations of Persian Gulf Petrochemical Industries Company said Saturday. “The…
Energy
Kazakhstan plans to cut its oil exports by around 2% this year to 71 million tons, its energy ministry told Reuters, mainly at the expense of China, amid a production decline. This is…
Energy
The Majlis Joint Commission, a parliamentary body responsible for reviewing the budget bill, on Saturday approved the $500 million government-proposed funding for expanding rooftop photovoltaic…
Energy
Russian oil output stood at 11.34 million barrels per day in February, down some 75,000 barrels per day from the October level, the baseline for a global deal, but still missing the accord…
Energy
OPEC oil supply fell to a four-year low in February, a Reuters survey found, as top exporter Saudi Arabia and its Persian Gulf Arab allies over-delivered on the group’s supply pact while…
Energy
Although China will continue to raise its liquefied natural gas (LNG) imports this year, the 2019 rise in the world’s key LNG demand growth market may not be enough to absorb all the new supply…
Energy
Annual natural gas transfer capacity has increased by 20 billion cubic meters over the last two years. Data released by the National Iranian Gas Company news portal shows 260 bcm of gas can be…
Energy
Thermal power plants accounted for almost 94% of total electricity production in the last 10 months, managing director of the Thermal Power Plants Holding Company said.
Energy
Domestic companies are facing chronic shortages of polyethylene terephthalate, commonly known as PET because the key raw material is being exported in bigger volumes. According to data…
Energy
Oil producing group OPEC is responsible for salvaging the entire oil industry with its deal to curb output, OPEC's secretary general told CNBC, but the US shale revolution has helped to prevent…
Energy
To provide Parsian Gas Refinery with more natural gas as feedstock, production from the Pazan and Madar gas fields in Fars Province is on the agenda of South Zagros Oil and Gas Production…
Energy
Renewable energy is the most cost-effective compared to all other traditional sources to generate power, head of Renewable Energy and Energy Efficiency Organization (Satba) said Wednesday.
Energy
Iran will have 10,000-megawatt power deficit in the coming summer, said Tuesday the head of the Federation of Iranian Energy Exports Industries in Tehran.
Energy
Iran has bettered Qatar in developing its share of the joint South Pars Gas Field over the past six years. South Pars is the world’s largest gas field located on the joint border between Iran…
Energy
Electricity experts from Iran, Russia and Azerbaijan are in Moscow, discussing technicalities of creating an energy corridor that envisages the export of electricity from Russia to Azerbaijan…
Energy
Oil inched lower on Tuesday to extend losses of more than 3 % from the previous session, easing after US President Donald Trump called on OPEC to rein in its efforts to boost prices.…
Energy
