Iran's gas condensate export capacity has increased 30 percent, reaching six million barrels a day, managing director of the National Iranian Tanker Company (NITC) said, Mehr news agency reported…
Energy
Inadequate state funding and private sector fatigue in investing in East Azerbaijan electricity generation projects have caused the province to lag behind in power plant development, which is…
An Iraqi delegation has visited Iran with the aim of expanding cooperation in the field of oil and gas drilling, Mehr news agency reported Friday.
The Iranian Commercial Gas Company (ICGC) is to build liquefied petroleum gas (LPG ) reservoirs overseas with the aim of facilitating export, said Mohammad Ali Barati, IGCC managing director…
Agreements have been finalized for the export of surplus petroleum products to Iraq by private firms, managing director of the National Iranian Oil Production and Distribution Company (NIOPDC)…
The Eastern Partnership (EaP) summit will support the construction of the Southern Gas Corridor, which is to link the EU with the Caspian region bypassing Russia, said the summit’s final draft…
Jordan is seeking a relatively large consignment of liquefied natural gas (LNG) cargoes for delivery in 2016 and 2017, according to trade sources, Reuters reported. The exact number of cargoes…
Turkmenistan, which owns the world’s fourth-largest natural gas reserves, expects foreign companies to invest more than $3 billion in projects on its part of the Caspian Sea shelf this year, a…
Iran is targeting Asia’s growing demand for refined oil products with a $2.8 billion project to add 480,000 barrels a day of processing capacity at the Siraf refinery on the Persian Gulf coast.
Japan's nuclear watchdog on Wednesday gave the green light to restart one more atomic reactor, weeks after the government said a fifth of the country's electricity supply should come from atomic…
Two gas processing units of Phase 19 of the South Pars gas field will come on stream by the end of the present Iranian year (March 2016), public relations department of the Pars Oil and Gas Co. (…
Syria and Iran have signed several agreements in the oil, electricity and industrial sectors, SANA reported.
A Swiss arbitration panel has issued a ruling whereby an Israeli oil company is mandated to pay more than $1.1 billion in compensation to the National Iranian Oil Company (NIOC) concerning a…
For the first time in Iran, treated wastewater will be used instead of potable water in cooling towers at the Shahid Mofateh Thermal Power Plant (SMTPP) in Hamadan, and upon completion of the…
The Oil Minister Bijan Namdar Zanganeh told a meeting Tuesday, "In order to create an incentive for energy service companies (ESCO), a program with a budget of $1.2 billion has been launched to…
Ghana's oil production will rise six-fold by 2018 to an estimated 242.3 million barrels from 39.1 million barrels this year as new fields start production, Finance Minister Seth Terkper said on…
Iraq's cabinet has approved a $526.6 million drilling deal with China's Zhongman for the West Qurna Two oilfield, the government said in a statement. Under the 28-month contract, Zhongman…
Goldman Sachs slashed its crude price forecasts for 2016 to 2020, citing improved US shale efficiency meeting global oil demand, coupled with unimpeded OPEC productivity. However, the US…
An Iranian gas condensate shipment has been stored at sea in a supertanker due to technical problems occurred in a Chinese refinery where the shipment was due for arrival, Mehr news agency…
Iran has achieved the technology to desalinate crude oil using electrostatic methods, research and technology director at the oil ministry said during a ceremony where the unit was unveiled, IRIB…
A trilateral contract will be signed in the near future between Iran, Armenia, and Georgia for power exchange between the neighboring countries, said deputy energy minister following a meeting…
Narsi Ghorban, a prominent Iranian energy analyst from London University, in a recent lecture at the Sharif University of Technology in Tehran said, "The best strategy to export gas to Europe is…
The manufacture of the first fully- indigenized gas turbine will be completed before winter, managing director of the Iranian Gas Transmission Company (IGTC) said, Tasnim news agency reported…
A 40 percent drop in oil prices over the last year has shaken up the energy sector, forcing companies to re-evaluate projects worth billions of dollars and sift through balance sheets to cut costs…
Russia’s top natural gas producer Gazprom has cut its 2015 production plan to 450 billion cubic meters (bcm) after warmer weather hit demand, company officials said on Tuesday, the second such…
