Energy export market will boom further on condition that private sector plays a more substantial role in this regard, director general of the Energy Ministry's Office for Developing Export of…
Energy
The four countries planning a gas pipeline from Turkmenistan to Pakistan and India via Afghanistan will in September pick a company to lead construction, paving the way to the start of work on the…
Oil prices may fall further despite stabilizing in recent months—and even beginning to rise modestly—because of a massive oversupply the International Energy Agency said.
The IEA said…
Twelve people died and three were injured in an explosion during repair work at an Eni SpA crude oil pipeline in Nigeria.
Iraq is losing more than $102 million each month because the IS militant group—aka ISIL that controls large parts of the country—is selling stolen oil, according to a parliamentary report issued…
Rod MacGregor, chief executive officer of GlassPoint Solar Inc., said the oil industry’s demand for energy is growing rapidly, and solar can supply much of that power.
Petroleo Brasileiro SA’s $58 billion asset sale proposal would be unprecedented for the oil industry and impossible to pull off.
European refiners from Spain to Greece are ready to resume purchases of crude from Iran as talks on a nuclear deal that could allow the country’s return to oil markets remained deadlocked.
Iran has the potential to become one of the world's top gas producers, thanks to its 34 trillion cubic meters of natural gas reserves, or around 18% of the world's total, Fitch Ratings says. But…
Preliminary explorations in Kerman Province and southern parts of Semnan Province have indicated considerable shale oil resources in the regions.
Three to four shale layers were discovered…
Iran's oil revenue in 2014 amounted to 53.6 billion, showing a $8.3 billion decrease compared with the previous year, the Organization of Petroleum Exporting Countries said in a report. Export of…
As India attempts to bolster its nuclear energy capabilities, it has formalized an agreement with Kazakhstan to receive 5,000 tons of uranium over the next four years. Rapidly developing its…
Statoil, the Norwegian oil and gas giant, is considering building a floating wind farm off the coast of Scotland, set to be the first of its kind in the world.
The US has taken Russia’s crown as the biggest oil and natural-gas producer in a demonstration of the seismic shifts in the world energy landscape emanating from America’s shale fields.
Ukraine will take about 21% more gas from Slovakia to boost deliveries to underground storage after the country suspended imports from Russia over a pricing dispute, transport monopoly Ukrtransgaz…
Speakers from Qatar’s leading companies will highlight the various initiatives undertaken to promote solar energy in the country at an upcoming energy summit in Qatar. Power Qatar Summit 2015,…
Oil rose for a second day on signs Iran and world powers will miss another deadline for a nuclear deal that could end sanctions on the OPEC producer.
European officials are taking a step toward creating a web of natural gas pipelines across the region’s southeast as a way to reduce the threat of Russia choking off supplies.
Iraq’s self-ruling Kurds are threatening to bypass the country’s central government and sell oil produced in the neighboring Kirkuk region in a dispute over revenue from crude sales by OPEC’s…
Saipem SpA, Italy’s biggest oil-services contractor, lost a $2.2 billion contract to lay a Russian natural-gas pipeline under the Black Sea after its fleet waited seven months for the work to…
Oman’s largest oil producer ordered work to begin on what will be one of the biggest solar plants in the world, establishing the technology as an alternative to fossil fuels for coaxing crude out…
The project to supply Shahid Mofatteh (Hamedan) Power Plant with wastewater from Hamedan City will be completed by August, managing director of Bakhtar Regional Electricity Company said…
PV module manufacturer Vikram Solar has announced that the company has signed a master distribution agreement for residential and commercial PV installations with a leading US solar wholesaler,…
A transit agreement between Naftogaz and Gazprom will be prolonged after 2019, Ukrainian President Petro Poroshenko said on Tuesday.
"I believe that the transit agreement between…
Libya has lifted force majeure at the major Ras Lanuf oil terminal, though restarting exports would take at least two days depending on available crude, a spokesman for the National Oil…
