The Oil Ministry intends to send a delegation to South Africa in October to explore grounds for cooperation.
According to the head of National Petrochemical Company, Abbas Sheri-Moqaddam,…
Energy
The Energy Ministry has no plans to increase electricity prices in the foreseeable future, deputy energy minister said, despite reports by government officials that power tariffs in Iran are…
Energy deals between Russian oil major Rosneft and Chinese partners will be worth more than $500 billion in the next 20 years, according to Rosneft CEO Igor Sechin.
Iran's oil minister said the National Iranian Oil Company needs $50 billion to carry out its development projects in shared oil and gas fields.
A senior Oil Ministry official said the presence of American companies in Iranian oil projects is feasible, as Oil Minister Bijan Namdar Zanganeh interpreted the unlikely bond as "cooperation, not…
The state fined 30 oil companies on Thursday for failing to meet a deadline to report information about the source, volume and disposal of water used in oil and gas production.
Andy Hall, one of the best-known oil traders who is bullish on prices, said the decline in the oil market is not a repeat of 1998 or 2008.
Plans call for reducing the role of government in energy projects and boosting private sector investments in this key sector.
Energy Minister Hamid Chitchian made the statement on the…
A long-awaited study by the US President Barack Obama administration concludes that lifting the nation’s four-decade ban on oil exports would not increase US gasoline prices and could even help…
French energy group EDF on Thursday announced a further delay to the launch of its next generation EPR nuclear reactor, another setback for its $11.6 billion project.
Miranda Shreuers is director of the Environmental Policy Research Center at the Free University in Berlin. She was asked to join the commission to determine Germany's nuclear policy after the…
A misguided faith in the complete safety of atomic power was a key factor in Japan's 2011 Fukushima accident, the UN nuclear watchdog said in its most comprehensive report on the disaster.
Iranian Fuel Conservation Company has set a lofty target and plans to cut Iran's energy intensity—the world standard for measuring how efficient an economy is at using energy—by half within six…
Most OPEC members would like to see crude prices at $70 to $80 a barrel and the producer group does not need to coordinate with other oil suppliers to determine output levels, Iran's Oil Minister…
Russia will not limit the access to its oilfields for foreign companies despite sanctions, the country's Minister of Natural Resources and Environment Sergei Donskoi said on…
Gas production in Toos Gas Field in northeast Iran is expected to reach 4 million cubic meters per day, technical director of East Oil and Gas Production Company said on Wednesday.
Plans have been devised to build a wind farm using turbines in the Azerbaijan Republic, said the managing director of MAPNA Group's Renewable Energy Production Company.
Akbar Adibfar…
The Iranian government is working to introduce crude oil to the Iran Energy Exchange's repertoire of commodities, after successfully hosting the trading of export-grade fuel oil.
IRNEX was…
Oil prices fell on Tuesday after the largest surge in crude prices was triggered by the OPEC's hint that it might cut production in future and the US lowered output estimates due to the prospects…
Iran has exported 57 million liters of diesel to Afghanistan via Doqaroun border since March 2015.
Director of National Iranian Oil Refining and Distribution Company in Khorasan Razavi…
The representative of the Egyptian Ministry of Petroleum and Mineral Resources said the gas field, discovered by the Italian giant ENI, will enable Egypt to live without importing gas for at least…
The use of natural gas for electricity generation is a priority for South Africa, as the country seeks to address present-day power shortages and rising energy needs, said Energy Minister…
Oil companies are unlikely to invest in Arctic drilling in the short run as energy prices remain low, but will not turn away from the region in the long run, former US assistant secretary of…
The number of Japanese nuclear reactors likely to restart in the next few years has halved, hit by legal challenges and worries about meeting tougher safety standards imposed in the wake of the…
The 1,040-megawatt Siah Bisheh Power Plant was inaugurated in a ceremony attended by First Vice President Es'haq Jahangiri and Energy Minister Hamid Chitchian, Managing Director of Iran Water and…
