Britain and Canada signed a memorandum of understanding on Tuesday to strengthen ties between the two countries' nuclear energy industries. The MoU was signed in London by Canada's High…
Energy
With the completion of the project to boost gas production in SPD1 platform, the capacity of South Pars Phase 1 increased to 1 billion cubic meters, Seyyed Hadi Mirbaqeri, Petropars projects…
Indian refiners currently owe nearly $6 billion after payment through Turkey’s HalkBank was stopped in February 2013 and some monies were repatriated on US directions last year.
Sources…
Asian imports of Iranian crude rose to the highest level this year in May, although buyers may have to curb any further increases if negotiators up against a deadline fail to reach a final deal on…
The national project for utilization of biofuels in transportation system will become operational in the near future, head of Biofuels Committee at the Biotechnology Development Association of the…
Nigeria's state oil company earned 8.1 trillion naira ($41 billion) from 2012 until the end of May, but only paid 4.3 trillion to the federal government, the country's National Economic Council…
Oil dropped to a three-week low amid concern that Greece’s failure to reach a deal with international creditors will prompt its exit from the euro area. The euro fell against the dollar as the…
Iran's former OPEC governor called on the parliament and the government to authorize the purchase of European refineries' shares with the purpose of securing demand for Iranian oil when sanctions…
A solar-powered plane took off from Japan on Monday on the seventh leg of its journey round the world, a trans-Pacific crossing expected to be the toughest part of the trip. If the pilot succeeds…
US exports of ultra-light crude, also known as condensate, have doubled since the start of the year, with most shipments headed to Europe. The US exported between 120,000 and 140,000 bpd of…
With the aim of facilitating liquefied petroleum gas as well as other petrochemical products 17 LPG carriers have recently been added to Iran's fleet to fill the big gap between the low number of…
Pursuant to German petrochemical giants, namely Basel and TIB Chemical, a Dutch petrochemical firm has expressed willingness to play a role in Iran's lucrative petrochemical sector, said Ahmadreza…
Saad al-Karbalaie was shot dead after armed men forced him to stop his car as he was leaving his office in the northern Iraqi city of Kirkuk.
Gunmen have shot dead a senior oil official…
As the temperature goes up in hot summer days, the demand for mazut and liquefied petroleum gas declines. Nevertheless, other oil products are being exported ideally, said Hassan Khosrojerdi, the…
The president of Armenia has suspended an increase in electricity prices that led to more than a week of protests.
Serzh Sargsyan said the government would temporarily cover the cost of the…
Germany's nuclear phase-out plan is entering its final stage with the first of the country's nine remaining modern reactors shutting down for good this Saturday.
A consortium of oil giants has reached another milestone in the development of a major North Sea field. BP and co-venturers ConocoPhillips, Chevron and Shell said they had safely installed the…
An Argentine judge has ordered the seizure of assets of oil drilling companies operating in the Falklands Islands, including property held by US firm Noble Energy, as the country takes a firmer…
Nigeria has replaced Saudi Arabia as the largest crude oil supplier to India after its oil exports to India last month surged by nearly 200%, supplying some 745,000 barrels per day. It is the…
Foreign investors are helping fuel the US petrochemical renaissance, as overseas companies scramble to take advantage of the supply of cheap domestic natural gas, according to a new industry…
The renewable-energy boom is here. Trillions of dollars will be invested over the next 25 years, driving some of the most profound changes yet in how humans get their electricity.
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Drilling operations in South Pars gas field Phase 13 will speed up with two new advanced drilling rigs going into operation in the next few days, project manager of Phase 13, Payam Motamed,…
A total of 1.5 million citizens will be supplied with natural gas for the first time in the current Iranian year (began March 21), managing director of the National Iranian Gas Company said. The…
Turkey may apply to the court of arbitration if Gazprom does not announce the final discount for Botas on Monday, the Turkish state pipeline company Botas told Trend. Botas expected Russia to…
Russia's top natural gas producer, Gazprom, may take part in liquefied natural gas projects in Iran once sanctions against Tehran are lifted, Gazprom's deputy chief executive officer, Alexander…
