When Venezuelan Oil Minister Juan Pablo Perez Alfonso resigned in 1963, he blasted the Organization of Petroleum Exporting Countries, at the time torn by internal rivalries, for failing to produce…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Iran and Poland discussed areas of economic and energy cooperation in a meeting between Iran's Oil Minister Bijan Namdar Zanganeh and Poland's Deputy Prime Minister and Economy Minister Janusz…
Tehran is "completely ready" to boost oil production by 500,000 barrels per day soon after the lifting of sanctions to regain its market share from competitors who have glutted the global crude…
Tehran Water and Wastewater Company is considering strategies to attract finances for its projects from investors, including Chinese, the company’s managing director said.
“Attracting…
Oil exports from northern Iraq restarted after "thieves" had sabotaged the main pipeline to Turkey, the Kurdistan region's Ministry of Natural Resources said in a statement on Saturday. The flow…
Following efforts by the Energy Management Department of Khuzestan Regional Electricity Company to attract foreign direct investments, four German investors have embarked on construction of wind…
Africa could achieve full access to power by 2025, sooner than the goal of 2030 set by the US and other major donor countries, while increasing its infrastructure and industrial capacity, said the…
Ukraine will pay a price for Russian gas of around $230 per thousand cubic meters in the fourth quarter, including a discount, Russia's Energy Minister Alexander Novak said on Saturday, Russian…
Iran’s attractive investment opportunities in the electricity and petrochemical sectors would provide “win-win deals” for Tehran and foreign investors in the wake of a historic deal on Iran’s…
High-level talks in Brussels involving Russia, Ukraine and the European Commission are expected to clinch a deal late on Friday to secure winter gas supplies for Ukraine.
Against that…
South Africa is considering building an oil refinery that will process Iranian crude to bolster its gasoline supply and reduce its dependence on foreign companies, a government official said.
The level of rainfall in the Iranian water year ending September 22, 2015 saw a 10% decline compared to the same period of the previous year, reaching a nationwide average of 197 millimeters from…
The 11th International Water and Wastewater Exhibition of Iran, also known as Watex 2015, is due to open on September 26 at Tehran’s Permanent International Fairground and will run until Tuesday…
India is ready to invest more than $15.2 billion in Iranian projects, including taking up full-scale development of Chabahar Port, provided Tehran offers better terms, such as cheaper gas, India’s…
Some of French oil company Total SA’s transactions in the US are under investigation by the US Commodity Futures Trading Commission, and the company is in talks to settle the matter, according to…
Tehran and Beijing signed a host of memoranda of understanding on financing power projects in Iran and undertaking export of electricity equipment.
The MoUs were signed in a meeting between…
The new Greek coalition government is ready to continue its cooperation with Russia over the construction of the Turkish Stream gas pipeline, according to a member of the Independent Greeks Party…
Petroleo Brasileiro has canceled five platform-supply vessels from two separate contractors as a rout in oil prices and rising borrowing costs force Brazil’s state-controlled producer to deepen…
The Research Institute of Petroleum Industry is seeking a strategic mechanism to raise oil extraction rate by nearly 11%, said Amir Abbas Hosseini, the institute's deputy for international affairs…
The government will finalize the new version of Iran's oil contracts—known as the Iran Petroleum Contracts or IPC—within a maximum of two weeks, Oil Minister Bijan Namdar Zanganeh said on Tuesday…
Attracting foreign direct investments to finance Iran's lucrative petrochemical projects tops the agenda of National Petrochemical Company, since it is a strategically safer choice, NPC Managing…
Crude oil prices fell as much as 2% on Tuesday, unwinding Monday's steep rally, under pressure from uncertainty over whether global demand will be enough to erode a sky-high surplus.
Iran has established a second market for diesel fuel at the border with Pakistan in the southeastern Sistan-Baluchestan Province, regional manager of the National Iranian Oil Refining and…
Saudi Arabia’s crude stockpiles rose to a record in July, after exports by the world’s biggest oil shipper declined for the third time in four months.
Major nations seem to be reducing fossil fuel subsidies but still have "ample scope" for deeper cuts in recent support of up to $200 billion a year, the Organization for Economic Cooperation and…
