China will give priority to the construction of wind and solar projects that can operate without subsidies this year, and will cap new subsidized capacity, the energy regulator said, part of…
Energy
First phase of the first geothermal power plant will be launched in winter, the managing director of Thermal Power Plants Holding Company said at the weekend.
Flash floods during the past three weeks in the west and southwest are taking a toll on oil production in oil-rich Khuzestan Province, the National Iranian Oil Company's deputy managing director…
The global oil market is tightening due to sharp production falls in Saudi Arabia and Venezuela, the International Energy Agency said Friday, but cautioned there are still "mixed signals" over…
Energy Minister Reza Ardakanian said Wednesday 2,000 villages on the outskirts of urban and rural areas will be provided with potable water by the end of the current fiscal (started March 21…
The second phase of Damavand Petrochemical Plant and the first phase of Bushehr Petrochemical Complex will come on stream by July in Pars Special Economic Energy Zone in Asalouyeh, Bushehr…
Venezuela is in chaos. Iran is grappling with US sanctions. And now there is a surge of violence in Libya. Trouble in these three OPEC nations has helped send US oil prices climbing back above $…
Kuwait will back an extension of OPEC-led production cuts beyond June if it's clear supply and demand factors warrant it, Haitham al-Ghais, Kuwait Petroleum Corp's manager for market research…
More than 1,500 kilometers of overhead and underground transmission lines and 1,043 power pylons in southwestern Khuzestan Province (except in the provincial capital Ahvaz) were damaged in the…
Recent rainfall increased the volume of water in dams and 80% of the dams are now full, while barely 40% were full last year, a deputy manager at Iran Power Generation, Distribution and…
Solar energy generates electricity for household consumption at lower prices, significantly reduces toxic gases and helps farmers with their excess products, says Davoud Fadaei, a member of the…
Indian refiners are holding back from ordering Iranian oil for loading in May pending clarity on whether Washington will extend a waiver from US sanctions against the OPEC-member, four sources…
Energy Minister Reza Ardakanian said dams played a key role in mitigating damage during the recent flooding in the western and southern regions. A staunch advocate of dams, Ardakanian…
One of the key Russian officials to foster a supply pact with OPEC, Kirill Dmitriev, signaled on Monday Russia wanted to raise oil output when it meets with OPEC in June because of improving…
Delays in paying private contractors have grounded many clean energy projects, a member of the Iran Renewable Energy Association (IrREA) said on Sunday. "Most private companies have…
Oil prices rose to their highest level since November 2018 on Monday, driven upwards by OPEC’s ongoing supply cuts, US sanctions against Iran and Venezuela, fighting in Libya as well as strong…
China’s natural gas demand is set to grow by 14% in 2019 amid a huge government push to spur consumption of the fuel, a senior industry executive said, requiring the nation to import huge…
The West Ethylene Gas Pipeline ruptured in western Kermanshah Province on Sunday, the governor said. "There are no reports on casualties or damage to property," Fazlollah Ranjbar was quoted as…
After Texas pushed the United States over the last decade to become the world’s biggest oil producer last year, the heart of the shale revolution is starting to show fatigue.
Flooding during the past three weeks in the west and southwest of the country has not disrupted crude oil production in joint oilfields with Iraq, managing director of Petroleum Engineering and…
Weeks after Norway’s government proposed that the country’s $1-trillion fund divest from pure exploration and production oil companies, the cabinet said that it will allow the world’s biggest…
Iraq will continue to import gas and electricity from Iran until power plants and gas fields in the country become self-reliance, the Iraqi Minister of Electricity Louay al-Khateeb said at the…
Gasoline consumption between March 20 and April 5 -- marking the Norouz (Persian New Year) holiday season -- hit a new record at 1.85 billion liters, showing a 1.9% rise compared to the same…
The US is overwhelmingly likely to fail in its attempt to completely halt Iran's oil exports, analysts told CNBC, with President Donald Trump eager to avoid rising gasoline prices ahead of…
The oil market has all but forgotten last year’s price crash. Money managers have not been this optimistic about US oil prices since early October, just before the crude market began a steep…
