Striking United Steelworkers at the Kentucky oil refinery of American oil firm Marathon Petroleum Corp. will return to work next week for the first time in more than two months after approving a…
Energy
Moscow has prepared a special proposal for companies from Vietnam to participate in hydrocarbon projects in Russia, Prime Minister Dmitry Medvedev was quoted by TASS as saying ahead of his visit…
The first production unit of South Pars gas field in the Persian Gulf has come on stream with a capacity to produce 50 million cubic meters of gas per day, project manager of Petropars oil…
Chinese scientists are considering the construction of a solar power station 36,000km above ground. If realized, it will surpass the scale of the Apollo project and the International Space Station…
The African Petroleum Producers Association (APPA), which represents oil and gas producers from Algeria to South Africa, called for a cut in oil output globally, Bloomberg reported.
The number of household gas subscribers in Tehran Province increased by more than 270,000 in the previous Iranian calendar year (ended March 21), managing director of the Tehran Province Gas…
India has started talks on future cooperation with Iran's petrochemical sector, deputy oil minister Abbas Shari Moghaddam said Saturday, Mehr news agency reported.
"Several Indian companies…
Production from five oilfields jointly owned by Iran and Iraq in West Karun region is projected to increase by 280,000 barrels per day (bpd) in the current Iranian calendar year (began March 21),…
the water and wastewater industry has reached self-sufficiency, as 95% of its equipment is manufactured domestically, Hamidreza Janbaz, managing director of the National Water & Wastewater…
Russian gas supplies to Ukraine will start in April regardless of the situation around Kiev’s debt to Moscow, Russian Energy Minister Alexander Novak said Saturday. “…
Brent oil fell nearly 4 percent on Thursday after a preliminary pact between Iran and global powers on Tehran's nuclear program, even as officials set further talks in June and analysts questioned…
Ukraine signed an interim deal for cheaper supply of gas from Russia for the next three months, Ukrainian energy officials said. According to the new agreement which represents a 25…
ExxonMobil filed a complaint against Russia claiming it overpaid $500 million in value added tax on the Sakahlin-1 project, after the rate was reduced in Russia from 35 percent to 20 percent. The…
An estimated $2.4-$3 billion will be invested in gas projects under the supervision of the National Iranian Gas Company (NIGC) in the current Iranian calendar year (started March 21), NIGC…
National plans call for reducing the wastage of electricity from around 13 percent to less than 10 percent within the next six months, Energy Minister Hamid Chitchian said.
Over the past…
The energy ministry has called for reforms in the water and electricity sector and warned on the likely shortage of water and electricity in the summer if consumption is not constrained.
Iran is set to supply 50 percent more condensate to Chinese state trader Zhuhai Zhenrong Corp under a renewed one-year supply contract for the light crude, Reuters quoted two people with direct…
Iraq boosted crude shipments in March to the highest level in more than three decades, adding to a global supply glut that has helped push down oil prices by 46 percent in the last year.
Indonesia awarded 11 blocks -- eight conventional and three shale gas blocks -- with major oil and gas companies Shell, Statoil and Petronas among the winners, Naryanto Wagimin, upstream director…
Turkey inaugurated a $10 billion project to pipe Azeri gas to western markets on Tuesday. The Trans-Anatolian gas pipeline (TANAP) aims to carry 16 billion cubic meters of gas a year by mid-…
Nearly three dozen companies were vying for drilling rights in the Gulf of Mexico on Wednesday in a government auction of offshore oil and gas leases that could be tempered by falling crude prices…
Japan is to decommission three nuclear reactors, which have outlived the government’s recommended 40-year service life. It will also be the first time a reactor is permanently shut down since the…
Close to 1.5 billion barrels of oil has been extracted so far from Masjed Soleyman oilfield in Khuzestan Province, managing director of Masjed Soleyman Oil and Gas Production Company (MSOGPC) said…
Plans are underway to transform Sarakhs Special Economic Zone (SEZ) into a petrochemical hub. The issue was discussed in a meeting between Abbas Shari-Moghadam, managing director of the National…
Iran has obtained the technology to simultaneously generate electricity and heat, science and technology deputy to the president said Wednesday in a ceremony for inaugurating a building for '…
