Oil prices rose on Friday as the US petroleum industry braced for Hurricane Harvey, which may become the biggest storm to hit the US mainland in more than a decade.
Harvey became a…
Energy
Scientists at Stanford University in the United States found that for 139 countries, 100% renewable energy use for all purposes is possible by mid-century.
Since most western sanctions on Iran were lifted early last year, Tehran has endeavored to restore its oil exports to a pre-sanction level and attract foreign investments in its energy sector.…
Iran should and will seize the opportunity to consolidate its position in Iraqi's multibillion-dollar economy, Oil Minister Bijan Namdar Zanganeh said.
The Iranian export of crude oil to Russia is to begin next month as per an agreement that will see Tehran paid half in goods and half in cash, the deputy oil minister for international affairs…
Kuwait's state oil company said an oil spill off the country's coast had been contained and that it was in contact with oil companies operating in the Persian Gulf region to locate the source of…
Home energy use is finally exciting to people. Unfortunately for the traditional utilities, it is not because of them.
A combination of new technology and a push toward low-carbon energy…
Even a downtick in photovoltaic solar investment this year will not stop the sector from growing to an estimated global installed capacity of 390 gigawatts by the end of 2017.
At that…
Iran is making efforts to increase its gas condensates refining capacity by installing a demercaptanization (DMC) unit, an important component for processing condensates at a South Pars refinery…
China's gasoline exports to North Korea reduced to a dribble in July, according to customs data, the strongest sign yet that the suspension of sales of the fuel by state oil major CNPC has cut…
Oil Minister Bijan Namdar Zanganeh said on Tuesday Iran's first oil tender within the framework of Iran Petroleum Contract, the country's new model of contracts for oil and gas projects, would…
Close to 780 million barrels of oil were exported from Iran’s largest oil loading and export facility, the Kharg Oil Terminal, in the previous fiscal year that ended on March 20, 2017, Iran Oil…
OPEC will discuss at a meeting in November whether to extend or end production cuts, Kuwait’s Oil Minister Essam al-Marzouq told Kuwait TV on Monday. “At our next meeting at the end of November…
The first total solar eclipse to sweep the US from coast to coast in 99 years plunged broad swaths of the nation into darkness on Monday, putting more than 12,000 megawatts of solar power at…
A series of operations to recondition and expand Tehran's electrical infrastructure will go underway this week, as the sprawling capital slowly prepares to put behind a withering summer that…
Shares in Total rose on Tuesday on the back of upbeat analyst comments regarding the French oil major's $7.45 billion takeover of Maersk Oil. Total was up 0.8% in early session trading, among…
Iran's crude oil traded above $51 a barrel in the week to August 20 in line with bullish sentiments that prices are firming at the $50 per barrel range.
Iran's light oil grade settled at…
Transferring water from the Sea of Oman, the Persian Gulf and the Caspian Sea through pipelines to dry and water-stressed regions is the most effective strategy for tackling water shortage in…
US crude inventories are falling more than expected in a sign of the success of OPEC and non-OPEC production cuts, Kuwait's Oil Minister Essam al-Marzouq told CNBC Arabia on Monday. "We are now…
Russian oil major Rosneft, oil trader Trafigura and Russian fund UCP closed their $12.9 billion purchase of Indian refiner Essar Oil on Monday, giving the companies a foothold in a country that…
Total is buying Maersk's oil and gas business in a $7.45 billion deal the French energy major said would strengthen its operations in the North Sea and boost earnings and cash flow.
Oil prices fell on Monday as a rally at the end of last week prompted investors to close positions at a higher price, against a backdrop of signs the global market is starting to rebalance.
State oil company, NIOC, is set to hold a briefing this week on a long-anticipated tender for Azadegan Oilfield, the first major crude oil reservoir to be developed within the framework of…
Iran is facing a bumpy road in expanding natural gas export, Oil Minister Bijan Namdar Zanganeh said in an interview on Sunday, pointing to operational and financial impediments in gas trade…
The Energy Ministry is keen to make good on a promise to add at least 1,000 megawatts, or 1 GW, to total power generating capacity each year through 2022 with the help of the private sector, a…
