Crude oil futures rose on Friday, as Asian stock markets gained.
Brent crude futures were at $63.79 per barrel, up 18 cents, or 0.3%, from their previous close. US West Texas…
Energy
State-owned gas utility GAIL India has contracted 3.5 million tons per annum of liquefied natural gas from Cheniere Energy's Sabine Pass liquefaction facility in Louisiana.
Patrick Pouyanne, the head of Total SA, sees risks differently. The French oil giant, which became the first western major to sign a deal with Iran following the end of sanctions, has added…
Oil prices fell on Wednesday, pulled down by declining stock markets after a key advocate for free trade in the US government resigned, stoking concerns Washington will go ahead with import…
Oil will maintain its key role in the global energy mix for the foreseeable future, despite the increasing growth of renewables, said the president and CEO of Saudi Aramco at a major energy…
Data released by the National Iranian Oil Company show that Pars Special Economic Energy Zone in southern Bushehr Province exported close to 1.32 million tons of natural gas condensate, during…
Iran and Russia signed a memorandum of understanding on expanding cooperation in the oil and gas industry during the 14th session of Iran-Russia Economic Commission held in Moscow on Tuesday.
Energy consumption in buildings is four times higher than that of the global average, an advisor to CEO of Iranian Fuel Conservation Organization said.
A national workgroup to tackle water shortage will be established by mid-March, the managing director of Iran Water Resources Management Company said on Monday.
“In the past, we tried to…
Indian oil company ONGC Videsh signed a memorandum of understanding with IDRO Oil, a subsidiary of the Industrial Development and Renovation Organization of Iran, in Tehran on Tuesday to conduct…
Tehran Municipality has launched an on-demand fuel delivery service. According to Ehsan Jafari-Tabar, executive manager of the project, the service, available through the mobile app 'Pido', is…
Tehran and Bishkek have expressed willingness to strengthen energy ties.
In a meeting between Energy Minister Reza Ardakanian and Kyrgyzstan's Ambassador to Tehran, Avaz Beig Abdarazakov…
The government plans to prepare incentives and the ground to shore up solar energy generation from photovoltaic power stations to solar panels on rooftops to accelerate the shift from fossil…
Oil futures rose on Tuesday for a third session, underpinned by robust demand forecasts and as ministers from OPEC touted the strength of its agreement to cut output to bolster prices.
The world’s largest oil producers appealed to US shale producers to join efforts to hold global prices at their current level at a major energy conference on Monday, as the boom in shale is…
Following the rise of international oil benchmarks in the week to March 2, Iran's light crude gained $2.43 to reach $62.39 per barrel in the period, marking its first increase after a one-month…
The US will dominate global oil markets for years to come, satisfying 80% of global demand growth to 2020 as the shale boom keeps OPEC under pressure, the International Energy Agency said.
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A corporate bribery trial billed as the biggest in history opened on Monday against the Shell and Eni oil companies as well as former and current executives, all charged in a $1.1 billion…
Data released by Iran Power Grid Management Company, an Energy Ministry subsidiary, reveals that the country's power consumption peaked at 34,853 megawatts on Sunday. The figure indicates a 13%…
To dominate the regional energy markets, Iran requires a much more dynamic diplomacy, a senior energy security analyst said.
The National Iranian Drilling Company, a subsidiary of the National Iranian Oil Company, has signed a memorandum of understanding with Dana Energy Company to cooperate in oil and gas development…
Energy officials will never sacrifice water quality for the sake of quantity, a top energy official said.
Close to 1.8 billion kilowatt hours of electricity have been generated from renewable sources since June 2009. According to state-owned Renewable Energy and Energy Efficiency Organization, aka…
All commitments on supplies and transit of Russian gas to the European Union are being implemented in full, European Commission spokesperson, Anna-Kaisa Itkonen, told TASS on Saturday.
Climate change is critical to future energy markets but its effect on Chevron oil and gas business will be minimal for decades to come, a company report claimed.
With the prospect of…
