Russian energy giants Gazprom and Rosneft may get new licenses for developing hydrocarbon deposits on the Arctic shelf in the coming months, Russia's Natural Resources Minister Sergey Donskoy said…
Energy
Iran and Turkmenistan are close to signing a $5 billion agreement, an advisor to the oil minister said.
“Iran imports in the region of $3 billion worth of gas from this neighboring country…
Construction of the offshore infrastructure at the Caspian Sea coast has made over 70 percent progress. It is designed to transfer and swap oil, the building engineering manager of Iranian…
Iran and Russia have reached an agreement to build a coal-fired power plant in Tabas in South Khorasan Province, deputy energy minister Esmael Mahsouli said, Mehr news agency reported Tuesday.…
Drilling operations of three wells in the North Yaran oilfield have ended and extraction from the wells has begun, director of the field said Tuesday.
"In the first development phase, 97…
India will receive its biggest shipment of liquefied natural gas (LNG) by ship next month as it prepares to import the fuel from North America, Bloomberg reported. State-run Gail India…
Saudi Arabia's oil exports slightly increased in September by 59,000 barrels per day (bpd), data published by the Joint Organizations Data Initiative (JODI) showed. The kingdom shipped 6.722 mbpd…
Distribution of ultra-low-sulfur diesel (ULSD) at Euro 4 standard has commenced in major cities, with a possibility that diesel fuel will temporarily resume, deputy of the National Iranian Oil…
India’s state-refiners, who account for about two-thirds of the country’s oil processing capacity, are seeking more flexibility in import contracts as they look to tap new sources of supply…
Mexico is moving quickly to implement its aggressive energy reforms, two officials of its government told a conference at the Woodrow Wilson International Center for Scholars.
Brent crude fell more than $1 to near $78 a barrel on Monday following news that Japan, the world’s fourth-biggest crude importer, had slipped into recession and after comments from the West’s…
The National Iranian Gas Company (NIGC) and Russian company, Gazprom have set up a joint working committee to explore cooperation venues.
India bought 60 percent more Iranian oil in October than a year ago as refiners held to higher volumes amid uncertainty as to whether world powers and Iran would reach a final agreement on Iran's…
The Majlis has passed a law requiring the government to increase extraction of crude oil, gas and gas condensate from joint fields "at least on a par" with neighboring countries, ILNA reported.
Saudi Arabia will keep its oil policy unchanged and balanced, Crown Prince Salman, said while addressing the G-20 summit.
The deputy premier and minister of defense also said that the…
Russian top crude producer Rosneft and Venezuelan state oil company PDVSA have signed a new contract for supplies of oil and oil products of Venezuelan production, the Russian company said on…
The Petrochemical Research and Technology Co. (NPC-RT) has reached early agreement with a Norwegian company to have technical cooperation on propylene production, managing director of the NPC-RT…
Iraq's current southern oil output and export levels, given by the country's oil minister yesterday, indicate that fighting and unrest has not derailed an expansion of supplies from Organization…
Efforts to encourage more women into the oil and gas industry are not yet working, a report said, highlighting widespread confusion among the workforce as to whether or not internal initiatives…
A recent report commissioned by the American Petroleum Institute states that hydraulic fracturing saved Americans roughly $250 billion last year, Marcellus reported.
Iran and Russia have reached an agreement to build two ‘generation III’ nuclear reactors in Bushehr Province, which will be funded via an oil barter, chairman of nuclear and alternative energy…
New round of negotiations were held between Iran and China on construction of a 300 megawatts (MW) solar power plant, to help reduce air pollution in Tehran.
The third processing train of phase 12 of South Pars oil field in the Persian Gulf on Friday commenced operations by injecting sour and dry gas into the 5th national pipeline, director of phase 12…
Loading oil from Soroush and Nowruz oil fields into the new Khalij-e-Fars (Persian Gulf) floating oil storage unit (FSU) has commenced with 70,000 barrels of crude being loaded per day, Saeed…
Electric and hybrid motorcycles will come to the streets of Tehran in the near future, director of hybrid transportation project at the Air Quality Control Company said, Shana reported Saturday.…
