EghtesadOnline: The world is going through tectonic change in the energy sector and the renewables revolution is compelling the energy industry to evolve, managing director of the Oil Industries Engineering and Construction Company (OIEC) said.
EghtesadOnline: South Korea will continue its negotiations with Washington to receive exemptions from US sanctions against Iran as ties with Tehran, particularly in the energy sector, are crucial for Seoul, says the East Asian nation's ambassador.
EghtesadOnline: Dismissing allegations by former president Mahmoud Ahmadinejad over mismanagement in the energy sector, the Oil Ministry said despite difficulties created due to the new US economic sanctions, revenues from oil exports have been received by the treasury.
EghtesadOnline: Iran Energy Exchange will launch crude oil futures from next week as part of a plan to facilitate oil exports as US sanctions targeting its energy sector in November draw nearer.
EghtesadOnline: Measures should be taken to expedite joint projects between Tehran and Yerevan in the energy sector, including the third electricity transmission line.
EghtesadOnline: The United States is prepared to impose sanctions on all countries that continue to buy Iran's oil, including China, after Washington starts reimposing bans on Iran’s energy sector. The announcement was made on Thursday by Brian Hook, the head of US State Department's newly-established Iran Action Group, after he was asked by reporters about the group’s plan for dealing with China, the National Iranian Oil Company's website reported.
EghtesadOnline: Energy Minister Reza Ardakanian said on Tuesday Tehran and Yerevan need to boost efforts to complete their joint projects in the energy sector, including the third electricity transmission line.
EghtesadOnline: European stocks were steady, with shares in energy companies extending Friday’s loss after Saudi Arabia and three other Arab countries cut off most diplomatic and economic ties to gas-rich Qatar.