The Energy Ministry has prioritized the supply of potable water to the southern coasts of the country, a deputy energy minister said.
Alireza Daemi added that the Ministry of Energy is…
Energy
Purchasing shares of foreign petrochemical complexes is economically unviable, managing director of National Petrochemical Company said.
Global markets skyrocketed on positive economic data coming from the United States and subsiding fears of a China-induced global meltdown on Thursday.
In the second quarter, the…
Russia took another step toward changing how it taxes the oil industry after its finance ministry proposed reducing its reliance on duties tied to crude production with a new levy on earnings.
Oil soared more than 10 percent on Thursday, its biggest one-day gain since March 2009, lifted by resurgent global stock markets and a report showing the US economy grew faster than previously…
Operated by Kazakhstan and expected to start operations in 2017, the International Atomic Energy Agency's "Low Enriched Uranium Bank" will be a physical reserve of LEU—the basic ingredient of…
Iraq's Ministry of Natural Resources in Kurdistan region announced that oil revenues during August surpassed expectations and reached $1.5 billion. The ministry confirms that the region managed to…
At a time when the oil price is languishing at its lowest level in six years, producers need to find half a trillion dollars to repay debt. Some might not make it.
Exporting Iranian petrochemical products to North America is costly, making it less feasible, whereas Iran can enter the market in other areas, said Mohammad Javad Sharifi Niknafs, the managing…
While it is certainly true that many European countries have made enormous strides in renewable energy generation, there is another fuel source that is unusually important in many European…
Plans have been made to supply all Iranian households with natural gas by mid-2017, the oil minister said.
Speaking in a live TV program, Bijan Namdar Zanganeh added that the first priority…
The European Union is working on a political agreement that would set the stage for future energy deals in Iran, two people with direct knowledge of the talks said.
As oil prices continue their downward slide, most investors and firms are understandably eying prices, revenues and exploration costs.
Although a subsurface dam enjoys many advantages, their replacement with conventional ones is not feasible, the deputy energy minister said.
The ground should be prepared for Iran's private sector to participate, along with foreign companies, in oil and gas projects, head of the Energy Commission of Iran Chamber of Commerce, Industries…
Nearly half of 33 countries expected to face extremely high water stress by 2040 are in the Middle East, where surface water is limited and demand is high, said experts who ranked 167 nations.
West Azarbaijan Province launched 400 natural gas projects on Tuesday.
During the ceremony held to launch the projects, which coincided with Government Week (Aug. 24-30), managing director…
A senior Iranian official has called for conservative domestic use to increase the country's gas export potential.
Another tanker has left Iran's floating storage fleet, the fourth to detach from one of two flotillas based in the Persian Gulf since Iran's landmark nuclear deal on July 14.
Electricity is irreplaceable, which explains why most countries build their power plants inside their own territories and generate electricity by importing gas, said Oil Minister Bijan Namdar…
A deal on the construction of a nuclear power plant in Egypt could be signed during Wednesday's meeting between Russian President Vladimir Putin and his Egyptian…
India’s ONGC Videsh, the overseas investment arm of explorer Oil and Natural Gas Corp, this month submitted a revised proposal seeking the development rights of Iran’s giant gas field Farzad B,…
Shahid Mofatteh Power Plant's dry cooling tower was inaugurated on Tuesday by President Hassan Rouhani during his trip to Hamedan Province on the occasion of Iran's Government Week (Aug. 24-30),…
US President Barack Obama has pledged to provide incentives to support investments in renewable energy, saying the industry will thrive despite opposition by Republicans and fossil-fuel suppliers…
Japan’s Kyushu Electric Power is shutting down as many as five oil-fired generation units and cutting power purchases from other utilities as it ramps up its Sendai nuclear reactor, in another…
