Nia

LNG

India to Drive the Capacity Growth of LNG Regasification Industry in Asia, Oceania

India is expected to drive capacity growth in Asia and Oceania’s liquefied natural gas (LNG) regasification industry from planned and announced (new-build) pro…

Oil & Gas Trade

Iran Foreign Minister Said Iran will Use its Best Efforts to Secure the Strait of Hormuz

Iran will secure the Strait of Hormuz and not allow any disturbance in shipping in the key oil transport waterway, Iranian Deputy Foreign Minister Abbas Araqchi…

Offshore Wind Power

Lithuania Gauges Offshore Wind Potential in the Baltic Sea

Approximately 3.35GW of wind power capacity can be installed in Lithuania’s Baltic Sea territory, according to a study carried out by Klaipėda University on b…

Armenian Energy Agency

The “Armenian Energy Agency” foundation aims to support the sustainable development of the Armenian energy sector.The Foundation is a knowledge-based center w…

Oil & Gas Trade

Millions of Barrels of Iranian Oil Are Piled Up in China’s Ports

Tankers are offloading millions of barrels of Iranian oil into storage tanks at Chinese ports, creating a hoard of crude sitting on the doorstep of the world’s…

Oil Price

Oil Prices were Sent Crashing as the Oil Markets Fear a Resolution of Tension in the Middle East

Oil prices were sent crashing on Wednesday afternoon after a Politico report that US Senator Rand Paul may soon sit down at the negotiating table with Iranian F…

Crude

Chevron Spills Nearly 800,000 Gallons of Oil and Water into a California Canyon

Officials began to clean up a massive oil spill Friday that dumped nearly 800,000 gallons of oil and water into a California canyon, making it larger — if less…

Masdar Signs MoU to Develop 300MW of PV Power Within Armenia

The Abu Dhabi Future Energy Company, also known as Masdar, is set to leave a major impact on the renewable-energy sector in Armenia.

Oil & Gas Trade

Iranian Tanker will be Released if Oil isn't Bound for Syria, UK Foreign Secretary Says

An Iranian oil tanker held by British forces near Gibraltar will be released if the United Kingdom is assured the oil will not be heading to Syria, London's top…

Iranian Officials have Threatened to Seize 'a British Tanker' in Response

Iranian officials have threatened to seize 'a British tanker' in response to the arrest of VLCC Grace 1 in Gibraltar last week, allegedly carrying Iranian crude…

Crude

​Chevron Spills 800,000 Gallons Of Oil, Water In Central California

California authorities are preparing to start cleaning up an oil spill that dumped nearly 800,000 gallons of oil and water into a Kern County canyon.

Iranian Envoy: US Isolated at IAEA BoG Meeting

Iranian Ambassador to the UN Agencies Headquartered in Vienna Kazzem Qaribabadi underlined that the US-sponsored meeting of the International Atomic Energy Agen…

Oil & Gas Trade

Oil Tanker Event Marked the Latest Escalation of Tensions in the Persian Gulf

Britain said Thursday that three Iranian vessels unsuccessfully tried to impede the passage of a British commercial vessel through the Strait of Hormuz, signali…

Oil & Gas Trade

Iran’s Islamic Revolutionary Guard Corps have Denied Stopping British Oil Tanker

There were “no encounters” between the Iranian warships and foreign vessels at the time when the alleged incident took place, the IRGC’s naval unit said in a…

Output of Iran' s Hydroelectric: Four Times more than the Figure for Last Year’s Same Period

The electricity output of Iran’s hydroelectric power plants is expected to reach 20,000 gigawatt hours (GWh) in the first half of the current Iranian calendar …