madaresharghi Negotiations to develop two oilfields in the southern Khuzestan Province, namely Shadegan and Karanj, will be finalized by the end of the current fiscal that ends in March 2018, ...

madaresharghi An earthquake whose tremors were felt in Tehran and surrounding areas late on Wednesday drove up gasoline consumption as people rushed to open spaces and inside their cars for ...

madaresharghi OPEC and Russia will exit from oil production cuts very smoothly, possibly extending the curbs in some form so as not to create any new surplus in the market, ...

madaresharghi China is set to open its first solar highway that can generate electricity from sunlight. The two-kilometer-long stretch of highway, situated in Jinan, could charge electric cars as they ...

madaresharghi Oil prices on Friday dipped away from some of their highest levels since 2015, weighed down by rising US output and the expected January re-opening of the Forties pipeline ...

madaresharghi Saudi Arabia will initiate talks with the US administration within a few weeks about the participation of US nuclear energy companies in the kingdom’s first civilian nuclear energy project. ...

madaresharghi The French legislature passed a law prohibiting all oil and gas exploration and production within its borders and territories by the year 2040—right around when oil is expected to ...

madaresharghi Oil prices inched up on Wednesday, supported by expectations of a fall in US crude inventories and by the ongoing outage of the North Sea Forties pipeline system. Brent ...

madaresharghi Surveying the ocean floor for oil and natural gas reserves is gradually emerging from a multi-year slump, everywhere apart from Asia. Although Asia is the world’s biggest consumer of ...

madaresharghi Local oil and gas producers look to acquire the rights to develop two oilfields in the southern Khuzestan Province, despite facing competition from foreign energy rivals. Pasargad Energy Development ...