For Turkey's accession process to the European Union, it needs to develop an adequate framework to ensure a high level of nuclear safety, said the EU’s energy union chief Maros Sefcovic on…
Energy
Scotland said an end to subsidies for onshore wind farms will tack on extra costs, though the British government said it's the best deal for consumers.
Not content with the blow it’s dealt to US oil drillers, Saudi Arabia is set to escalate the battle for market share by raising production to maximum levels.
Iranian companies will commence power export to Turkey, Afghanistan, Pakistan, Iraq and the UAE in the near future, managing director of the National Iranian Gas Export Company said Sunday.
The United States will be able to supply gas to Ukraine and other countries of Europe within two years, Senator John McCain said at a press conference in Kiev…
Lithuanian officials says their country is ready to start pumping gas to Ukraine from its new LNG terminal but that Russia was stubbornly blocking the move by exercising its control over…
Russia views Japan as a strategic partner in its bid to ramp up the production of liquefied natural gas on its Far Eastern Sakhalin Island. During his meeting with foreign news agency…
Liquefied natural gas can help strengthen Iran's position in global energy markets but the country lacks the necessary export infrastructure to achieve its targets. Moreover, LNG development…
Stage one of Canberra's light rail network will be powered by 100 percent renewable energy, according to Capital Metro Minister Simon Corbell.
Corbell said the multi-million-dollar…
Gazprom is building a global strategic alliance with energy major Royal Dutch Shell that will include asset swaps and allow the Russian gas giant to penetrate new markets, its chief executive told…
Iran is capable of exporting up to three million liters of gasoil to Afghanistan per day if it has the right strategy to prevail over potential competitors, Esmail Hasham Firouz , head of…
Saudi Arabia's April crude exports fell by 161,000 barrels per day as domestic refiners processed more crude, TradeArabia reported. Exports fell to 7.737 million bpd from 7.898m bpd in March when…
Proven and probable oil reserves in Angola are estimated at 12.667 billion barrels, following recent discoveries in shallow, deep and ultra deep waters, the country’s Oil minister said in Hamburg…
India is now the world’s third largest importer of crude oil after the United States and China.
The country’s oil imports have steadily climbed along with its growing economy, oilprice.com…
The debt that fueled the US shale boom now threatens to be its undoing.
Drillers are devoting more revenue than ever to interest payments. In one example, Continental Resources Inc., the…
Oil experts attending the 9th annual World National Oil Companies Congress in London, have expressed interest in cooperation with Iran’s oil sector after the economic sanctions are lifted.
Manufacturing silicon lighting rods will save $10 million in foreign exchange costs every year, said the chairman of the board of Simcatec Co., a producer of electrical equipment.
Russia and Greece on Friday signed a preliminary agreement to set up a joint venture to build a pipeline through Greece, Moscow said.
A number of cooperation documents were signed by Russia and Saudi Arabia on Thursday, after President Putin met with Saudi Prince Mohammed in what was one of the most anticipated meetings at the…
Energy projects are being carried out by Iranian state and private companies in Syria whose government has invited Iranians to help fund more energy ventures in the war-weary country, Syria's…
Russia’s state-owned oil company may provide its Venezuelan counterpart a much needed loan of $5 billion. Venezuela’s oil company, PDVSA, is in desperate need of capital in order to help boost oil…
Russia's state giant Gazprom will not own the Greek part of the Turkish Stream gas pipeline, but Moscow will assist Athens in financing the project, Russian Energy Minister Alexander Novak said on…
Refiners in Europe are making the highest profit from producing gasoline in more than eight years amid speculation that demand for the fuel is surging globally, driving up prices.
Russia and Turkey have agreed to prepare legally binding documents on the construction of the Turkish Stream pipeline by the end of June, Russian Energy Minister…
India is in talks with the oil rich United Arab Emirates and Kuwait to explore the possibility of setting up separate joint ventures that will acquire oil and gas assets in other countries,…
