The French government has chosen 73 projects totaling 1,156 megawatts in its latest onshore wind tender. The projects will produce electricity for an average price of $92.77/ MWh, Renews…
Energy
About 2 million Iranian parts and equipment have been installed in refining plants of Latin American countries, the director of the National Iranian Oil Refining and Distribution Company said.…
Bandar Imam Petrochemical Company in Mahshahr, Khuzestan Province, has made long-term plans to complete the value chain of olefin, chlorine and aromatic compounds for producing goods that…
Mexican energy regulator CRE has authorized a New Fortress Energy subsidiary to transport natural gas via pipelines for a floating LNG project off the coast of Veracruz state. In its latest…
Iran is targeting an investment of $250 billion in its upstream, midstream and downstream oil sectors, especially in liquefied natural gas (LNG) industry, over the next eight…
Ukrainian state-owned energy company Naftogaz, which is trying to meet the country's needs with domestic production, has launched 11 gas wells so far this year, the company said on Monday.…
Additional oil output and export cuts made by Saudi Arabia and Russia earlier this week should be enough to help balance the oil market, UAE’s Energy minister Suhail Al Mazrouei told reporters…
Sanction-hit Russia's refined product exports to Africa have skyrocketed since the invasion of Ukraine, increasing 14-fold in just over a year, following a diplomatic onslaught on the continent…
The Eighth OPEC International Seminar, themed ‘Towards a Sustainable and Inclusive Energy Transition’, opened in Vienna, Austria. The seminar is one of the premier events in the energy industry…
All the cities of Kermanshah Province will be connected to the gas grid before the end of the current Iranian year (March 2024), the head of the provincial gas company said.
The net profit of Fanavaran Petrochemical Company in Khuzestan Province increased by 53% in the last Iranian year (March 2022-023) compared to the previous year, the managing director of the…
Kuwait’s claims that it enjoys "full rights" along with Saudi Arabia to Arash Gas Field in the Persian Gulf, aka al-Durra field, by the two Arab countries, are totally unfounded, a senior energy…
Britain will require supermarkets and retailers to give drivers access to live fuel prices at every gas tation on their phones or satnavs after the country's antitrust regulator said competition…
Indian refiners have begun paying for some oil imports from Russia in Chinese yuan, sources with direct knowledge of the matter said, as Western sanctions force Moscow and its customers to find…
The climate agenda of US President Joe Biden’s administration is facing an unexpected challenge in drought-prone Corpus Christi, Texas, where a proposed clean hydrogen hub would require the…
The profit of Bu Ali Sina Petrochemical Company in Mahshahr, Khuzestan Province, doubled in the last Iranian year (March 2022-23) compared to the previous year, the managing director of the…
The third phase of the Urmia Wastewater Treatment Plant and the water transmission line to Urmia Lake were launched on Tuesday. Costing more than $4.4 million, the third phase treats 60,000…
Iran’s natural gas exports witnessed an 11% growth in the fiscal year 2022 compared to the corresponding period of 2021. According to the statistical review of world energy report issued by the…
Asian refiners expect Saudi Arabia to lower prices for crude supply to the region in August, a Reuters survey showed, even as the top oil exporter pledged to deepen production cuts in July as…
Oil slipped on Monday as concerns about a global economic slowdown and possible further interest rate hikes from the US Federal Reserve weighed on prices, offsetting forecasts of tighter…
Oil and gas companies have intensified the hunt for new deposits in a long-term bet on demand, as they reinvest some of the record profits from the fossil fuel price surge driven by the Ukraine…
The construction of Alay Mahestan Petrochemical Company in Asalouyeh has registered 30% progress, the head of the Board of Directors at the Oil Industry Pension Funds said.
Plans are underway in the refining industry to increase the daily production of petroleum products so that about 130 million liters per day of gasoline and diesel each will be produced by March…
Electricity supplies to steel mills have shot up by at least 30% over the last two months compared to the same period of a year ago. Energy Minister Ali Akbar Mehrabian made the statement while…
Smart fuel cards should be replaced with bank cards, as the electronic fuel card hardware system imposes high expenses on the government, while vehicle owners have to spend millions of dollars…
