Iran which holds the second largest natural gas reserves in the world, can be one of the most reliable suppliers of natural gas over the next decades.
TOP NEWS Feed Atom
Turkey is in talks with US energy giant ExxonMobil over a multibillion-dollar deal to buy liquefied natural gas, in an effort to curb its dependence on Russian energy, the Financial Times reported on Sunday.
The pace at which global energy demand is growing means that alternatives cannot replace oil at the necessary scale writes OPEC Secretary General Haitham Al Ghais. Rather than calling for an end to oil, the focus should be on reducing emissions.
India and Oman will sign a trade deal in the coming months, two Indian government officials said, as New Delhi seeks to expand its ties in the Middle East, where rising tensions are putting major shipping routes at risk.
Russia will look for ways to overcome what it regards as any illegal sanctions the European Union imposes on its liquified natural gas (LNG) operations, the Kremlin said on Saturday, saying any measures would backfire on European industry.
Azerbaijan, host of this year's U.N. climate summit, will defend the right of oil and gas producing nations to invest in the sector, the country's president said on Friday, noting that despite climate targets, fossil fuel demand remains strong.
The chairman of the Board of Directors of the Iran Water Industry Federation said the country exported $1.8 billion worth of technical and engineering services over the past two years.
Canada-based LNG Energy Group announced on Wednesday it had signed an agreement with Venezuela’s state-owned PDVSA Petroleo, though the renewal of US oil sanctions could potentially pose problems.
India has agreed to allow oil marketing companies to procure ethanol by diverting an extra 800,000 metric tons of sugar for biofuel production, a government source said on Wednesday.
Iranian contractors are implementing water and electricity projects in 50 countries, proving the country’s constructive approach to energy diplomacy.
Hitachi Energy is looking to open more global capability centers in India to expand local operations, amid growing energy demand and a push to scale up renewable energy generation in the country.
Iran’s gold reserves saw unprecedented growth last year, especially over the past three months, Al Mayadeen reported citing reliable foreign sources.
TC Energy's NGTL gas pipeline system in the western Canadian province of Alberta has resumed normal operations after a rupture last week prompted the company to reduce pressure on a segment of the line, TC said in a statement on Monday.
Iran will host economy ministers from more than 40 African countries at the second Iran-Africa International Summit set to be held later this month, an official with the Trade Promotion Organization (TPO) said.
Iranian Minister of Petroleum, Javad Owji, says Islamabad is willing that Iran’s gas export pipeline to Pakistan (IP) become operational as soon as possible.
Oman LNG and TotalEnergies, one of its shareholders, have signed a sale and purchase agreement to supply 800,000 metric tons per year of liquefied natural gas, the companies said on Monday.
The National Iranian Oil Company (NIOC) has signed a contract with domestic firm Neign Afaq Kish Energy Development Company (TENCO) to implement 2-dimensional and 3-dimensional seismic operations in the north and northwestern Iran over a two-year period.
Iranian Minister of Petroleum, Javad Owji, embarked on his journey to Pakistan, accompanying the Islamic Republic of Iran’s president, Ebrahim Raisie, who left Tehran for a two-day visit to Pakistan today, 22 April.
The 13th administration's performance in view of economic diplomacy has been successful, a member of Parliament said.
Russia remained China's top oil supplier in March, data showed on Saturday, as refiners snapped up stranded Sokol shipments.