Brazil’s state-owned oil company, Brasileiro SA, has reported a huge loss for 2014, driven in part by a massive charge against earnings due to corruption. And the Petrobras scandal has…
Energy
Sweden’s state-owned energy group Vattenfall on Tuesday said it plans to speed up the shutdown of two nuclear reactors by up to seven years, to 2018 and 2020.
Vattenfall said reactors 1 and…
Drilling for oil and gas, which has increased substantially in many parts of the US over the past decade, has impacted millions of acres of agricultural and range land, according to researchers,…
Environmental issues, renewable energy, cooperation in water and electricity and building power plants were discussed in a meeting between Iran's Energy Ministry Hamid Chitchian and Italy's…
Iran has started production of a type of lubricating oil, which so far was solely produced by an American company, Mehr news agency reported.
Approximately 1.9 million tons of petrochemical products and gas condensates were exported from Pars Special Economic Energy Zone (PSEEZ) in the first month of current Iranian…
Following an agreement between the Iranian National Oil Co. (NIOC), universities and research centers, the latter have been assigned the task of developmental research in some oil fields, ILNA…
An agreement to build a power plant in Maku Free Trade Zone in West Azerbaijan Province was signed between the zone and the International Aviation Industry Corporation of China (AVIC), IRNA…
The Trans-Anatolian Gas Pipeline (TANAP) is being implemented even ahead of schedule, head of Azerbaijan’s energy giant SOCAR said, noting that the Azerbaijani gas will reach Turkey in the second…
Russia’s Energy Minister Alexander Novak plans to hold meetings with representatives of the Organization of Petroleum-Exporting Countries (OPEC) member states on June 2-3. "I’ll be meeting […
Inpex Corp. of Japan joined Total SA in developing the main onshore oil deposits in the United Arab Emirates as Abu Dhabi calls on new partners for its $22 billion effort to pump crude from its…
Deputies of Russia’s State Duma (lower house of Parliament) ratified the agreement on natural gas supplies to China via western route, Tass reported on Monday.
Iran plans to triple electricity exports over a course of three years, deputy energy minister announced Monday, Mehr news agency reported.
The projected increase in electricity exports has…
Oil supplies from Russia to Europe via the Druzhba pipeline halved because of a breakdown in Belarus, Russian state-owned oil pipeline monopoly Transneft said. The Druzhba pipeline breakdown may…
A gas leak at the Arak oil refinery in central Iran injured seven workers on Sunday, four of them critically, Fars news agency reported. The leak at the sour water processing unit was blamed on…
Iran Oil Terminals Company (IOTC) on April 15 set a record high of seven million barrels in oil exports, said IOTC's managing director, Shana news agency reported.
Plans have been proposed by private investors for production of electricity and liquefied natural gas (LNG) by using associated petroleum gas (APG) as feedstock, director of investments at the…
Israel nationalized the Eilat-Ashkelon Pipeline Company (EAPC), which operates the trans-Israel oil pipeline that used to operate in partnership with Iran, EAPC's chairman, Yossi Peled, was…
Following Iran’s recent negotiations with Bulgaria regarding the Nabucco pipeline proposed by the Bulgarian Prime Minister Boyko Borisov, Tehran called on German companies to invest in South Pars…
Iran plans to start extracting oil from the world's largest gas field next year as part of the strategy to boost its crude oil production to at least 3 million barrels per day, Ali-Reza Zeighami,…
Kish Development and Investment Co. managing director, Behboud Behizadeh says, "as per instructions from the director of the Kish Free Zone, we started waste incineration not only to reduce…
Production from Mansourabad oilfield, in Bangestan formation, has commenced for the first time, said technical manager of the National Iranian South Oil Company (NISOC).
Curbing consumption, wastage reduction and construction of new combined-cycle power plants are among the energy ministry's priorities in the current Iranian calendar year (began March 21), Energy…
Plans call for $1 billion investment in petrochemical projects by the Persian Gulf Petrochemical Industrial Company (PGPIC) in the present Iranian year (ends March 2016), the company's managing…
The oil ministry in a public call invited private entities to invest in gas-to-power (GTP) and gas-to-olefins (GTO) project in Eslamabad-e-Gharb, Shana news agency reported.
