Iran exported 2.2 million tons of petrochemicals in the past five months, generating $1.49 billion in revenues, managing director of Petrochemical Commercial Company said.
"The exports were…
Energy
Iran's electronic fuel card system is prone to fraud and may be scrapped once and for all within the next few months, the head of Iran Gas Station Owners Union said.
Despite the protracted downward slide, oil prices finished off the week with just a bit less volatility than when it started the week.
WTI stayed at around $46 per barrel as of midday on…
India's oil imports from Iran fell 27% to a five-month low in August from a high base last year and ahead of a planned shutdown by two refineries.
Preparations for the construction of a second reactor at Iran's Bushehr Nuclear Power Plant have begun and the project is moving as scheduled, Rosatom CEO Sergei Kirienko said late on Friday.
Russia's Gazprom has bolstered its industrial presence in the heart of Europe with two major gas deals, despite tensions with Moscow over the conflict in eastern Ukraine.
Plans to build new power plants and wind farms in East Azarbaijan Province in Iran require an investment of $3 billion, Governor General Esmaeil Jabbarzadeh said.
The Oil Ministry intends to send a delegation to South Africa in October to explore grounds for cooperation.
According to the head of National Petrochemical Company, Abbas Sheri-Moqaddam,…
The Energy Ministry has no plans to increase electricity prices in the foreseeable future, deputy energy minister said, despite reports by government officials that power tariffs in Iran are…
Energy deals between Russian oil major Rosneft and Chinese partners will be worth more than $500 billion in the next 20 years, according to Rosneft CEO Igor Sechin.
Iran's oil minister said the National Iranian Oil Company needs $50 billion to carry out its development projects in shared oil and gas fields.
A senior Oil Ministry official said the presence of American companies in Iranian oil projects is feasible, as Oil Minister Bijan Namdar Zanganeh interpreted the unlikely bond as "cooperation, not…
The state fined 30 oil companies on Thursday for failing to meet a deadline to report information about the source, volume and disposal of water used in oil and gas production.
Andy Hall, one of the best-known oil traders who is bullish on prices, said the decline in the oil market is not a repeat of 1998 or 2008.
Plans call for reducing the role of government in energy projects and boosting private sector investments in this key sector.
Energy Minister Hamid Chitchian made the statement on the…
A long-awaited study by the US President Barack Obama administration concludes that lifting the nation’s four-decade ban on oil exports would not increase US gasoline prices and could even help…
French energy group EDF on Thursday announced a further delay to the launch of its next generation EPR nuclear reactor, another setback for its $11.6 billion project.
Miranda Shreuers is director of the Environmental Policy Research Center at the Free University in Berlin. She was asked to join the commission to determine Germany's nuclear policy after the…
A misguided faith in the complete safety of atomic power was a key factor in Japan's 2011 Fukushima accident, the UN nuclear watchdog said in its most comprehensive report on the disaster.
Iranian Fuel Conservation Company has set a lofty target and plans to cut Iran's energy intensity—the world standard for measuring how efficient an economy is at using energy—by half within six…
Most OPEC members would like to see crude prices at $70 to $80 a barrel and the producer group does not need to coordinate with other oil suppliers to determine output levels, Iran's Oil Minister…
Russia will not limit the access to its oilfields for foreign companies despite sanctions, the country's Minister of Natural Resources and Environment Sergei Donskoi said on…
Gas production in Toos Gas Field in northeast Iran is expected to reach 4 million cubic meters per day, technical director of East Oil and Gas Production Company said on Wednesday.
Plans have been devised to build a wind farm using turbines in the Azerbaijan Republic, said the managing director of MAPNA Group's Renewable Energy Production Company.
Akbar Adibfar…
The Iranian government is working to introduce crude oil to the Iran Energy Exchange's repertoire of commodities, after successfully hosting the trading of export-grade fuel oil.
IRNEX was…
