The main priorities in negotiations with international giants are transfer of advanced oil and gas technology and support for the private sector, said Amir Hossein Zamaninia, Iran's deputy oil…
Energy
A memorandum of understanding has been signed for several water supply projects whereby Bank Sepah will procure the funds needed to purchase steel pipelines.
Lifting of sanctions related to Iran’s nuclear program will have a significant impact on the world oil market, the Iranian economy and Iran’s trading partners.
OPEC oil exporters have no plans for an emergency meeting to discuss the drop in oil prices before the next scheduled gathering in December, two OPEC delegates said on Monday.
Japan has restarted its first nuclear power plant under new safety rules following the 2011 Fukushima disaster.
All Japan's nuclear plants were gradually shut down after a series of…
The recent agreement between Iran and six world powers regarding the former's nuclear program has numerous ramifications, especially for strategic natural gas issues between Russia and Turkey,…
The chief executive of Brazil's Petroleo Brasileiro SA estimates it will take five years for the state-run oil producer to win back the credibility it lost among investors after a massive…
Vietnam's $4.6 billion Long Son Petrochemical Project could help boost economic contributions from the Association of Southeast Asian Nations' countries to Qatar, the Thai ambassador to the…
South African and Kuwaiti companies have voiced willingness to invest in oil projects of Tamin Petroleum and Petrochemical Investment Company, the head of the Iranian company said on Saturday.
The government is scouting for an Iranian partner to set up a fertilizer plant entailing an investment of $1.029 billion in a urea plant in the Persian Gulf nation.
There is a possibility of collaboration with Japanese companies such as Inpex in upstream sector, oil trade, petrochemical investment, refining and technology development, Iran's Oil Minister…
Gasoline inventory in fuel cards, at a subsidized price of 7,000 rials (20 cents), has decreased by 1.1 billion liters since the unification of gasoline prices in May 26, managing director of…
A ship with 3,500 tons of fuel oil that was reported missing in the Malacca Strait off Malaysia on Saturday has been found in Indonesian waters without its cargo, Malaysian Maritime Enforcement…
The world is slowly but steadily increasing its investments in solar energy sector, as it becomes more affordable with each passing day.
As the global manufacturing hub for solar…
The New Zealand government said the global renewable energy sector is expected to draw $7 trillion in private sector investments by 2030. In the past six years, investments in New Zealand have…
The US declared one of Russia’s largest offshore oil and natural gas fields off limits to American tools and expertise, potentially disrupting Royal Dutch Shell Plc’s plans to liquefy the fossil…
Cheap oil is here to stay in 2015 and 2016 does not look much better, Moody’s Investor Service said in an analysis.
The credit ratings and market analysis group said it had cut its US oil…
Physical progress of South Pars Gas Field Phase 12 has reached 98% upon the completion of drilling operations in the three remaining wells, manager of the phase's development project…
The four-string Turkish Stream gas pipeline with an annual capacity of 63 billion cubic meters will run from Russia to Turkey underneath the Black Sea. The pipeline will…
The production line of heat-shrink sleeves was inaugurated on Saturday during a ceremony attended by Iranian energy officials.
The heat-shrinkable sleeves, commonly utilized for insulation…
Business is so tough for oilfield giants Schlumberger NV and Halliburton Co. that they have come up with a new sales pitch for crude producers halting work in the worst downturn in years: "Frack…
An Afghan delegation attended the India-Afghanistan Renewable Energy Summit on Friday in New Delhi, India.
The summit was organized by the Federation of Indian Chambers of Commerce and…
Japan's nuclear regulator said an accident on the scale of the 2011 Fukushima disaster would not occur under new safety rules imposed on reactors such as Kyushu Electric Power's Sendai No.1, set…
The Asian Development Bank and the European Bank for Reconstruction and Development, with the participation of the Black Sea Trade and Development Bank, are arranging a financing package of $1…
Brazil's state-led oil company Petroleo Brasileiro SA said its second-quarter net income fell a steeper-than-expected 89% after a one-time charge for underperforming assets.
Quarterly…
