Khazar Exploration and Production Company will unveil four of its mega projects in the conference slated to announce the details of the new Iran Petroleum Contract in Tehran, said managing…
Energy
Major petrochemical companies of Germany and Turkey have expressed readiness to invest in Maku Free Trade Zone, director general of the Maku FTZ said on Wednesday.
"Implementing big…
Persian Gulf Arab oil producers are delaying some field maintenance until next year to keep production high and reduce costs, as they forecast weaker oil prices in 2016, industry sources said.
Egypt aims to start natural gas production from its massive offshore Zohr field in 2017, a year ahead of schedule, oil minister Tarek El Molla said.
The government's Economic Council approved the construction of four combined-cycle power plants via direct foreign investment in a session late on Monday.
The US Department of Defense spent nearly $43 million on a gas station in northern Afghanistan and has been unable to explain why it cost so much, a US special inspector reported on Monday.
An official at Malaysia's Petronas said the state-owned oil and gas company is ready to resume the import of Iranian crude by 50,000-60,000 barrels a day after the sanctions are lifted, raising…
Oil officials discussed grounds for cooperation in the post-sanctions period with oil and gas major Royal Dutch Shell in a meeting in the Netherlands, deputy for international affairs at the Oil…
Iran's Euro-4 gasoline and diesel production capacity will experience a 24-million-liter rise by the end of the current Iranian year (started March 21), managing director of the National Iranian…
Khazar Exploration and Production Company and the National Iranian Drilling Company concluded an exploration drilling contract, managing director of KEPCO said on Tuesday.
"NIDC will start…
Danish state-owned company Dong Energy A/S plans to set a world record for the world’s largest offshore wind farm, breaking the record currently held by the 630-megawatt London Array, another…
Russian oil production broke a post-Soviet record in October for the fourth time this year as earlier investments boosted output and producers prove resilient to lower crude prices.
OPEC will probably hold production steady at its meeting next month as the gap between supply and demand for oil closes, according to the analyst who correctly predicted last year’s rout in prices…
Plans are underway to boost petrochemical export to South American markets, including Brazil and Argentina, managing director of Petrochemical Commercial Company said.
"One of the biggest…
A high-ranking trade delegation of Germany's southeastern state of Bavaria explored areas for cooperation in Iran's post-sanctions energy sector in separate meetings with senior Iranian…
Kuwait and the UAE are willing to import natural gas from Iran, said managing director of National Iranian Gas Export Company.
Referring to the new round of gas negotiations with the…
Production of liquefied natural gas using flare gas will commence as soon as the sale contract for Forouzan Oilfield's associated petroleum gas is finalized, Iranian Offshore Oil Company's…
OPEC crude production climbed this month, led by gains in Libya and Saudi Arabia. Output by the Organization of Petroleum Exporting Countries rose by 74,000 barrels to 32.211 million a day…
Tehran and London explored grounds for cooperation in the oil and gas sector in the post-sanctions period.
Amirhossein Zamaninia, deputy for international affairs at the Oil Ministry, and a…
Iran is ready to transfer technical and engineering services and expertise in oil and gas drilling and exploration to regional markets, with Iraq pinpointed as a priority, an official at the…
Iran's proven crude oil and natural gas reserves experienced a considerable growth following discoveries in the last two years, managing director of National Iranian Oil Company said on Sunday.
Fire damaged one of the oil storage tanks in Kharg Oil Terminal in the Persian Gulf, said the terminal's managing director on Sunday.
"Despite the huge fire, no one was hurt and no big…
When German Chancellor Angela Merkel called up the boss of the country's biggest power producer RWE two days after the first explosion at Japan's Fukushima Nuclear Power Plant, there was no…
An energy analyst says the framework of Iran's revised oil contracts, which will be unveiled later this month, will put Iranian and international companies in an equally competitive position to…
China's loadings of West African crude oil were set to bounce back in November from a multi-year low hit the previous month, a Reuters survey of oil traders and shipping fixtures showed, due to…
