Chinese cities have been raising residential gas prices in recent weeks, after Beijing launched a new mechanism linking retail residential gas prices with distributors' fuel purchasing costs, a…
Energy
In an effort to narrow down the growing gap between gasoline supply and demand, the National Iranian Oil Refining and Distribution Company and Iran’s major auto manufacturers Iran Khodro…
The amount of precipitation in Iran from the beginning of the current water year (Sept. 23, 2022) to July 8 increased by 10% compared with the same period of the previous year. In the nearly 10…
Saudi Aramco has informed some clients in North Asia they will receive full nominated volumes of crude oil in August, several sources with knowledge of the matter said on Tuesday, while top…
Germany added a record 8 GW of solar and wind power capacity in the first six months of 2023, up around two-thirds year-on-year, think-tank IWR said, based on data from the BNEtzA registry. The…
The electricity consumption record in Iran was broken once again this year, as different sectors on Monday used close to 72,500 megawatts, the spokesperson of the electricity industry said.
Projects are underway to connect about half of the population of Bojnourd in North Khorasan Province to the wastewater network, managing director of the provincial water and wastewater company…
Russia provided 27.9% of Spain's gas imports in May, up from 11.9% a year earlier, Spanish government data showed on Monday. The country was Spain's second biggest supplier of gas in May after…
Oil prices dipped in Asian trade on Monday as investors tread cautiously ahead of fresh economic data from top consumers USA and China this week, though crude supply cuts from Saudi Arabia and…
Iraq and French oil major TotalEnergies on Monday signed a long-delayed $27 billion energy deal that aims to increase oil production and boost the country's capacity to produce energy with four…
The storage capacity of Iran’s largest petrochemical hub in Asalouyeh, Bushehr Province, has increased by 10% in 2022 compared to a year ago, managing director of Asalouyeh Petrochemical Green…
The output of Bandar Abbas Power Plant in Hormozgan Province increased by 22% in the first 17 days of the summer season, managing director of the plant said.
Anxiety is rising among Japan's neighbors ahead of a plan to release treated wastewater from the damaged Fukushima nuclear power plant.
The European Investment Bank, the world’s largest international public bank, has agreed to provide $87 million financing to support water desalination, access to clean drinking water and…
To accelerate the development of Belal Gas Field in the Persian Gulf, Iranian Offshore Engineering and Construction Company (IOEC) is tasked with building an offshore processing platform, the…
The construction of Qiz-Qalasi Dam in East Azarbaijan Province is near completion and it will become operational by the end of the summer, the managing director of the provincial Regional Water…
Green energy is helping to keep the Texas power grids alive amid a weeks-long heatwave that has pushed power usage to an all-time high. The meteorological conditions have allowed renewable…
To unlock its untapped potential in energy sector, Iran needs to shift to renewable energy sources. Claudio Providas, the United Nations Development Program’s resident representative in…
Iraq plans to boost its gas output by 42.5 million cubic meters over the next five years, through its recent initiative to license exploration operations across 10 oil and gas fields in west…
Ghana is taking significant strides toward energy independence by harnessing the power of wind. As the country faces increasing energy demands and a growing population, the government and…
The respective national oil companies of Argentina and Malaysia, YPF and Petronas, have signed a preliminary deal to build a massive LNG liquefaction project in the Argentine port town of Bahia…
Oil production from the offshore Abouzar Oilfield in the Persian Gulf is expected to increase by 10,000 barrels per day by November, managing director of the Iranian Offshore Oil Company said…
The gas companies of Khorasan Razavi and Yazd provinces have been selected by the National Iranian Gas Company to implement gas supply projects to 24 cities and more than 1,700 villages in…
Electricity demand is forecast to reach 74,000 megawatts in Iran over the next few days, an unprecedented record in the annals of the country’s power industry.
Oil prices rose on Friday and were on track for their second straight weekly gain, as resilient demand resulted in a larger-than-expected fall in US oil stocks, offsetting fears of higher US…
