Energy

  • The Turkish Stream pipeline, which would route Russian natural gas supplies to Europe through Turkey and Greece, would enhance the continent's energy security, therefore the European Commission…

  • Sasol, the world’s biggest coal-to-gasoline producer, has expressed willingness to return to Iran's petrochemical industry, deputy oil minister in petrochemical affairs said.

  • US oil prices headed for their eighth consecutive week of falls on Friday, the longest losing streak since 1986, after a sharp drop in Chinese manufacturing increased worries over the health of…

  • Norway's DNO ASA, which has operations across the Middle East, would like to do business in Iran when sanctions against the country are lifted as planned, the energy company said on Thursday. Oslo…

  • China's crude oil imports from Iran rose in July from a year earlier, official customs data showed on Friday, as crude imports in the world's largest energy consumer hit their second highest level…

  • A contract has been signed between the Iranian public sector and a German investment company for the construction of a 100-megawatt wind power plant and a 40-MW photovoltaic power station in…

  • The private sector is planning to establish the largest petrochemical hub in Chabahar in southern Iran, said the head of Mokran Petrochemical Complex.

    Hassan Malek Esmaeili added that the…

  • Iran has urged India to pay up its $6.5 billion oil dues in two months, partly in rupees and the rest in dollars or euros.

    "The payment shall be made in at least three…

  • Despite Iran's $15 billion electricity export potential in the form of commodities and services, export of electricity has declined, head of the board of directors at Iran's Electrical Industry…

  • TVEL, a subsidiary of Russia’s state-run nuclear energy company Rosatom, said it will deliver nuclear fuel to Iran’s Bushehr Nuclear Power Plant by the end of August.

  • The Energy Ministry has signed power generation contracts worth 70,000 billion rials ($2.1 billion) with the private sector, deputy energy minister, Sattar Mahmoudi, said.

    “Parts of the…

  • The value of China's total solar photovoltaic manufacturing output topped $31 billion in the first half of 2015, the industry ministry said on Wednesday, as the push for renewable energy continues…

  • Drilling of 11 development and appraisal wells in the field has ended, South Yaran Oilfield's drilling project manager at the National Iranian Drilling Company said on Wednesday.

    "The wells…

  • With the removal of sanctions on Iranian crude exports, the bearish price trend may continue through the end of the year and intensify competition between oil exporters on a global scale.

  • A total of eight petrochemical projects will go on stream in the current Iranian year (started March 21), a senior energy official said.

    “Output from petrochemical complexes across the…

  • Since the 2011 Fukushima nuclear disaster, Germany has been one of the few countries that have successfully moved away from nuclear energy.

  • The British government has made available 27 new licenses to explore onshore oil and gas on Tuesday, opening up 270 sq km of the country to fracking. Investment in shale in Britain could be as…

  • The price of Russian gas for Armenia has been reduced by 13% to $165 per 1,000 cubic meters in 2015, Gazprom Armenia said, Tass reported. The cost of natural gas for Armenia from Jan. 1 to Dec. 31…

  • Oil revenues had to be transferred to Iran through intermediary banks and clearance of unpaid dues took a long time, but a part of the debts were settled after the Geneva interim agreement,…

  • More than 6 million tons of petrochemical products, valued at $3.6 billion, were exported in the first four months of the current Iranian year (began March 21), production manager at the National…

  • An airport in southern India is the world’s first to run completely on solar energy following the commissioning of a 12-megawatt project overseen by Bosch Ltd. The undertaking, at Cochin…

  • Iran and Azerbaijan have agreed to increase the volume of gas swap.

    This was decided in a recent meeting held between the officials of National Iranian Oil Company and their counterparts in…

  • The Organization of Petroleum Exporting Countries can do little to halt the oil price decline on its own and needs producers from outside the group to help reduce global supplies, Algeria’s Energy…

  • International oil services companies are eager to win contracts worth tens of billions to modernize Iran's oil refineries once sanctions are removed.

  • Iran and Iraq are planning to develop partnership in the jointly-owned Azadegan Oilfield, new Iraqi ambassador in Tehran, Rajeh Saber Abboud al-Mousavi, said Tuesday.

    "Senior oil officials…