Energy

  • Gas injection has commenced in Sarajeh storage facility, with the objective to store and later extract the gas in the cold season, IRNA reported Saturday.

  • The engineering design of new oil loading facilities at the Neka Oil Terminal in the Caspian Sea region has commenced, deputy for engineering affairs at the Iranian Oil Terminals Company (IOTC)…

  • The head of Iranian oil equipment manufacturers' association board of directors, Sirous Talari says the majority of oil equipment is imported by the mafia, that is the people who take advantage of…

  • Oil explorers idled rigs in US fields for the 21st straight week, extending an unprecedented retreat in drilling that has curbed domestic output and helped crude prices rally, Bloomberg reported…

  • Saudi Arabia is restructuring the world's biggest energy company, Saudi Aramco, in a move apparently aimed at letting it operate more at arm's length from the powerful oil ministry, World…

  • India shipped in more than 17 percent more Iranian oil in April than a year before, buoyed by prospects of a diplomatic deal on Iran's disputed nuclear program by end-June, preliminary data from…

  • Fair and stable oil prices will benefit producers and consumers, allowing global supply and demand to grow at a steady pace, Saudi Arabia's Oil Minister Ali al-Naimi said on Tuesday, Reuters…

  • As every computer owner knows, when their machines run a complex program they get pretty hot. In fact, cooling the processors can be expensive, especially when you're dealing with huge banks of…

  • Upon announcement of a public tender to finance and develop Khuzestan's dam and power plant projects, which is a top priority of the energy ministry, a couple of Iranian as well as four…

  • Referring to the completion of reservoir studies in the North Azadegan gas/oil field, the project manager, Karamat Behbahani, said," Development of the second phase will be completed stage by…

  • Iran's biggest power plant in the southeast of the country was officially launched by the Energy Minister Hamid Chitchian on Wednesday, managing director of the Iran Power Development Company (…

  • Following talks on Tehran's nuclear program in the Swiss city of Lausanne, Iran has started a new round of oil negotiations with its previous customers including South Africa, Sri Lanka and some…

  • Gazprom CEO Alexei Miller discussed areas of cooperation in the natural gas sphere with Minister of Oil Industry of the North Korea Pae Hak, the Russian gas holding said on Tuesday, TAAS reported…

  • Brazil’s state-owned oil company, Brasileiro SA, has reported a huge loss for 2014, driven in part by a massive charge against earnings due to corruption. And the Petrobras scandal has…

  • Sweden’s state-owned energy group Vattenfall on Tuesday said it plans to speed up the shutdown of two nuclear reactors by up to seven years, to 2018 and 2020.

    Vattenfall said reactors 1 and…

  • Drilling for oil and gas, which has increased substantially in many parts of the US over the past decade, has impacted millions of acres of agricultural and range land, according to researchers,…

  • Environmental issues, renewable energy, cooperation in water and electricity and building power plants were discussed in a meeting between Iran's Energy Ministry Hamid Chitchian and Italy's…

  • Iran has started production of a type of lubricating oil, which so far was solely produced by an American company, Mehr news agency reported.

  • Approximately 1.9 million tons of petrochemical products and gas condensates were exported from Pars Special Economic Energy Zone (PSEEZ) in the first month of current Iranian…

  • Following an agreement between the Iranian National Oil Co. (NIOC), universities and research centers, the latter have been assigned the task of developmental research in some oil fields, ILNA…

  • An agreement to build a power plant in Maku Free Trade Zone in West Azerbaijan Province was signed between the zone and the International Aviation Industry Corporation of China (AVIC), IRNA…

  • The Trans-Anatolian Gas Pipeline (TANAP) is being implemented even ahead of schedule, head of Azerbaijan’s energy giant SOCAR said, noting that the Azerbaijani gas will reach Turkey in the second…

  • Russia’s Energy Minister Alexander Novak plans to hold meetings with representatives of the Organization of Petroleum-Exporting Countries (OPEC) member states on June 2-3.  "I’ll be meeting […

  • Inpex Corp. of Japan joined Total SA in developing the main onshore oil deposits in the United Arab Emirates as Abu Dhabi calls on new partners for its $22 billion effort to pump crude from its…

  • Deputies of Russia’s State Duma (lower house of Parliament) ratified the agreement on natural gas supplies to China via western route, Tass reported on Monday.