Iran's electricity production capacity has increased by 480 megawatts with the operation of three units in Seymareh Dam's power plant.
"Three 160-MW units went on stream in Seymareh power…
Energy
State Oil Company of Azerbaijan, SOCAR, is drilling a new well in the Oil Rocks field in the Azerbaijani sector of the Caspian Sea, SOCAR said on its website. The daily debit of the well No. 2613…
The development of the largest natural gas field in Turkmenistan, Galkynysh, will continue, the newspaper Neutral Turkmenistan said.
More than 20 production wells have been drilled during…
Iran has lined up 45 oil and gas projects to show international companies at a conference in London in December.
The projects, including oil and gas exploration, will be discussed along…
Saudi Arabia's policy of keeping production levels abnormally high and driving out US shale producers simply has not worked.
Even as US shale hedges are about to expire, some of the…
The International Energy Agency, OPEC and the US Energy Information Administration have released new monthly reports for August, offering the latest snapshot into the oil markets.
The…
Ensuring stability of gas supply is a fundamental principle that should not be undermined by outsourcing, Deputy Oil Minister Hamid Reza Araqi said on Thursday.
With the lifting of sanctions, Iran is planning LNG liquefaction facilities. An Indian delegation visited Iran during the last week of July 2015, wherein the Indian side indicated…
Russia’s Gazprom Company has a clear rationale for pushing forward with the Turkish Stream project: to diversify away from using Ukraine as a transit state for …
Iran needs to offer better incentives to lure foreign energy companies forced by low oil prices to slash investments, the head of Austrian energy group OMV said ahead of a trip to the country next…
Talks are underway for the launch of the construction of the first nuclear reactor in the central Nigerian state of Kogi in September 2016.
Iran has told India that the development rights for the Farzad-B gas field would be available to Indian companies, an Oil India Ltd executive said on Wednesday, after concerns in New Delhi that…
The Egyptian government has reached a new agreement with Saudi Arabia on receiving petroleum derivatives for three months. According to the agreement, Saudi Arabia will send $1.4 billion in aid to…
Iran and Armenia have finalized electricity contracts for establishing a double circuit transmission line and for setting up a 400-kilovolt substation in Norvan in Armenia both valued at $342…
The Iranian private sector has frequently voiced readiness to undertake oil exports, but the government has retained control of the lucrative trade by setting up constraints in the way of private…
Iran could raise its oil output by as much as 730,000 barrels per day from current levels fairly quickly after sanctions are removed, the International Energy Agency said on Wednesday.
The US Energy Information Administration pushed its 2016 crude oil forecast lower Tuesday, as shaky global growth and higher production sent US crude oil futures below the lowest closing price in…
Turkey’s energy regulator will auction contracts for 2,000 megawatts of wind power capacity next year, bringing forward a program originally to be completed by 2020.
The second specialized exhibition on Iran's oil, gas, petrochemical, construction, energy, water, electricity and engineering services will be held in Ashgabat, Turkmenistan, from August 19-21.
Brazilian President Dilma Rousseff has launched a 186-billion-real ($53 billion) investment program to expand the country's power grid.
The program will include projects to ensure Brazil…
Pakistan is in the final stages of negotiating a deal to increase its electricity imports from Iran tenfold, a Pakistani government spokesman said Tuesday, part of a push to boost trade when…
OPEC pumped the most crude last month in more than three years as Iran restored output to the highest level since international sanctions were strengthened in 2012.
The US administration is taking steps to ensure that customers can continue to purchase Iranian crude during an interim period before a nuclear agreement can be fully implemented and sanctions…
Iran Power & Water Equipment and Services Export Company (Sunir) has signed an agreement for technical and engineering cooperation with Bester, a Spanish company based in Seville, for the…
An Iranian delegation intends to visit Crimea, Russia, to discuss cooperation in the supply of oil products, Crimean Fuel and Energy Minister Sergei Yegorov said. "They want to…
