Russian President Vladimir Putin said he sees no obstacles to an OPEC agreement this month after oil exporters made major progress in overcoming differences as he reaffirmed Russia is willing to…
Energy
The growth of solar and wind power in the United States could slow under US President-elect Donald Trump, the chief executive of German utility E.ON said, but added he expected any change to be…
A senior energy executive said on Monday that Iran needs to open up its energy sector to foreign companies to drive growth in its key oil and gas projects, particularly the more demanding offshore…
A power plant in the southern Iraqi city of Basra that is being built in cooperation with Iran's MAPNA Group will partially come on stream in the Iranian fiscal year that starts next March, Abbas…
The executive director of the Iranian Offshore Engineering and Construction Company says his company wants to play a more active role in international oil development projects, especially in…
Oil prices rose on Monday to their highest in three weeks, catching a lift from a softer US dollar and from cautious money managers, as OPEC appeared to be moving closer to reaching an…
Representatives from 47 of the world's most disadvantaged nations have pledged to generate all their future energy needs from renewables. Members of the Climate Vulnerable Forum (CVF) issued their…
Iraq's exports from the Kirkuk oilfield through an export pipeline to Turkey have dropped because of power outages, an official at state-run North Oil Co. said. Exports are currently running at…
The Obama administration on Friday blocked new exploration for oil and gas in Arctic waters, in a win for environmental groups that had fought development of the ecologically fragile region.
Spanish and French equipment for phases 20 and 21 of the giant South Pars Gas Field have been released, the director of the two phases said in a statement.
“Bans on several Japanese…
Negotiations are underway between Bandar Imam Petrochemical Complex and Germany's Linde Group regarding investment in the major petrochemical complex in south Iran, managing director of BIPC said…
Oil Minister Bijan Namdar Zanganeh said he is optimistic that OPEC members will agree to proposed production cuts at a meeting in Vienna later this month.
Zanganeh made the statement after…
Iran's nuclear chief said Tehran will make the first payment within two weeks for two new nuclear power plants to be built with Russian assistance in the southern Bushehr Province.
Brent crude oil prices were headed for their first weekly gain in five weeks on Friday buoyed by renewed hopes that OPEC might agree production cuts, but a stronger US dollar capped gains.
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The energy minister of top OPEC exporter Saudi Arabia said on Thursday he was optimistic about OPEC’s deal to limit oil output and mentioned the lower end of a previously agreed production target…
Iran and Iraq were asked to freeze oil output at current levels as part of a wider deal to restrain production, Qatar’s energy minister said on Thursday. “We are discussing with both countries on…
CIECH Trading, Poland’s largest distributor of raw materials and chemical products, is willing to cooperate with the National Iranian Tanker Co. in marine transportation.
Iran overtook Saudi Arabia as India’s top oil supplier in October, shipping data showed, just ahead of a producers’ meeting this month to hammer out the details on output cuts aimed at reining in…
The National Iranian Oil Company made an exclusive presentation of the new model of oil and gas contracts to a 35-member delegation of Russian energy companies in Tehran on Thursday, said the…
Iran is studying a proposal by Norwegian energy company DNO to develop Hengam oil and gas field in the Persian Gulf, the only shared field between Iran and Oman, said Gholamreza Manouchehri, the…
Around 200 commercial delegations have visited Iran after the signing of the nuclear agreement known as the Joint Comprehensive Plan of Action between the country and world powers in July last…
More than 200 representatives from China’s private transportation and infrastructure sectors attended the Housing, Transportation and Logistics Investment Summit in Beijing on Tuesday.
In…
The International Energy Agency expects global oil consumption to peak no sooner than 2040, leaving its long-term forecasts for supply and demand unchanged despite the 2015 Paris Climate Change…
Libya plans to almost double crude production next year even as the producer group (OPEC) tries to implement a deal to trim production and ease the global supply glut.
Saudi Arabian and Russia energy ministers could meet in Qatar this week on the sidelines of a major energy forum, industry sources said, as OPEC and non-OPEC members try again to clinch an oil…
