The CEO of the National Iranian Gas Company (NIGC) said the company was preparing an electricity contract to sign with Georgia for export of 10% of the power it receives from Armenia in exchange for natural gas.

Irans Institute for International Energy Studies (IIES) held a joint round-table with Korea Energy Economics Institute to consider review the energy policies of the two countries including modeling of energy consumption optimization.

Italys Saipem has signaled readiness to join petrochemical projects in Iran.

Imam Khomeini Shazand Refinery is now supplying 16.5 million liters per day of Euro-4 gasoline from previously 12 ml/d, after its overhaul operation ended ahead of schedule.

Iranian Minister of Petroleum Bijan Zangeneh said Frances Total had 60 days to secure a waiver from U.S. sanctions against Iran to stay in a multibillion-dollar gas project in South Pars.

Plenty of new power plants are constructed every year in the United States, adding gigawatts of power generation to grids across the country, but the past few months have illustrated a dramatic shift in the type of power plant being built. A new report from the Federal Energy Regulatory Commission finds that of all new electricity generation built in the first two months of 2018, a full 98 percent is renewable.

Russia-Saudi Arabia relations has its own complicated aspects. At the first glimpse, due to geographical distance, the Moscow-Riyadh ties do not seem to be complicated; however, the fact that they are sensitive to one another could not be disregarded.