Iranian President Hassan Rouhani has inaugurated three major gas projects worth over $5.5 billion on the occasion of the country’s Government Week. The plan for the development and improvement of the gas dispatching center and the sixth and ninth national gas transmission lines, the first phase of Bushehr Petrochemicals and …

Saudi Arabia Oil Co.’s senior management reshuffle is more than just a game of high-level musical chairs at any old energy company. The oil giant faces an uphill battle to meet promises made before its record-setting initial public offering last year — and before the coronavirus pandemic hit — to …

In his Democrat Party nomination acceptance speech last night, Vice President Joe Biden indicated that he could solve the problem of climate change. And he said he could do it all with the money the government would get by changing the tax code. In two sentences and just 75 words …

Providing access to clean drinking water has been a challenge in some parts of the world for years. As the population grows and resources shrink, it becomes an even more pressing matter. New solar technology provides a possible solution by desalinating saltwater with minimal energy consumption. While water covers two-thirds …

Saudi Arabia’s energy ministry is to offer assistance so that Neom, a $500 billion high-tech development that includes tourism and sport facilities on the Red Sea, can be completed on schedule, minister Abdul Aziz bin Salman said on Sunday. The 26,500 square km (10,230 square mile) development, first revealed in …

Iranian Foreign Minister Mohammad Javad Zarif said working with the International Atomic Energy Agency is in line with transparency and cooperation with IAEA, adding that IAEA chief’s upcoming visit to Iran has nothing to do with trigger mechanism. Speaking on the sidelines of the inauguration ceremony of the consular services …

Three giant oil , gas and petrochemical projects will be inaugurated on Monday in the presence of Iranian President Hassan Rouhani through video conference. After the United States failed to activate trigger mechanism with the opposition of 13 members of the UN Security Council, now, a few days later, Iran …

Iranian economic attaché in Basra said that Iraq is eager for joint investment with Iran in the technical and engineering fields, IRNA reported. Abdul-Amir Rabihavi also mentioned agriculture as the other sector in which Iraq is willing to make joint investment with Iran. He further called for changing Iran’s export …

World’s largest oil company Aramco remains committed on its investment plan in India, including a $15 billion deal with Reliance Industries, even though Covid-19 pandemic has made life difficult for oil companies with suppressed demand and falling oil prices and wide scale erosion in valuations. Replying to a query from …

Fearing slow oil demand recovery, the Organization of Petroleum Exporting Countries (OPEC) and its allies, a group known as OPEC+, during a meeting on August 19, pushed major oil producing countries pumping above output targets to cut more in August-September. During the 21st Meeting of the Joint Ministerial Monitoring Committee …