Energy

iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.

  • Brent, WTI Prices Ease
    Oil prices eased on Wednesday, taking a breather after two days of gains, as investors waited for an assessment of the full impact of the Omicron coronavirus variant on the global economy and fuel...
  • Bushehr NPP to Resume Operation
    Bushehr Nuclear Power Plant in the southern namesake city, which was temporarily closed for undergoing a technical overhaul and refueling will resume operation soon, the head of Iran Grid...
  • Iran, Azerbaijan Boosting Power, Water Cooperation
    Tehran and Baku have taken effective steps to boost the exchange of electricity and the joint construction of a power station. Energy Minister Ali Akbar Mehrabian made the statement in a meeting...
  • NIGC to Indigenize Key Gas Equipment by 2024
    The National Iranian Gas Company has planned to indigenize 29 key equipment in the gas industry by 2024, research director at the NIGC said.  
  • Ghadeer Petrochem Plant Increases PVC Production
    Ghadeer Petrochemical Company in Mahshahr, Khuzestan Province, has increased its polyvinyl chloride (PVC) output by 2,500 tons per month. The company produced 10,000 tons of PVC per month in the...
  • Qanat Rehabilitation Projects Underway in Yazd Province
    Qanat rehabilitation operations have gathered pace in Yazd Province and an estimated 60 underground aqueducts have been reconditioned in different counties, including Bafq, since March, the head of...
  • Desulfurization Key to Reducing Air Pollution
    The removal of sulfur compounds from mazut is vital to reducing air pollution, the Thermal Power Plants Holding Company’s deputy for environmental affairs said. “If the Oil Ministry supplies power...
  • Oil Rebounds by More Than $1
    Oil prices rose by more than $1 a barrel on Monday after top exporter Saudi Arabia raised prices for its crude sold to Asia and the United States, and as indirect US-Iran talks on reviving a...
  • Urmia Power Plant Efficiency Up 17%
    The second steam unit of Urmia Power Plant in West Azarbaijan Province is ready and will be synchronized with the national power grid next week, the project manager said “With a capacity of 160...
  • Precipitation Declines by 39%, Water Inflow to Dams Down 44%
    Iran registered 32.6 millimeters of precipitation from the beginning of the current water year (Sept. 23) until Dec. 3, which shows a 39% decline compared with the same period of last year when the...
  • First Phase of Rey Power Plant Replacement to Complete by 2024
    The plan to replace the aging Rey Power Plant in Tehran is underway and the first unit of the new high-efficiency F-Class power station will be connected to the network by the summer of 2024,...
  • Industrial Power Tariffs to Rise 400%
    All industrial units that consume more than 2 megawatts of electricity per month will be charged 2.5 cents per kilowatt hour as of the next fiscal year (starting March 2022), the head of Thermal...
  • JPC Unveils New Polyethylene Grade
    Jam Petrochemical Company in southern Iran has produced a new grade of polyethylene that will cut down the import of one of the world's most popular polymers used in producing pipes, the head of...
  • DOE Conditions Use of Mazut in Power Plants
    Power plants may use mazut for electricity generation provided that they are equipped with an air quality control system, the Department of Environment’s deputy for climate change said. “If power...
  • Central Plateau Industries Obliged to Utilize Reclaimed Wastewater by 2030
    Using treated wastewater in industries has the potential not only to ease stress on dwindling freshwater resources, but also to increase the availability of water for household and agricultural use...
  • Brent, WTI Prices Climb Over 2%
    Oil prices rose more than 2% on Wednesday, recouping some of the steep losses from the previous session, as major producers prepared to discuss how to respond to the threat of a hit to fuel demand...
  • Renewables, DG Power Output to Increase in Khuzestan by 2022
    To help stabilize power supply in southern provinces, an agreement has been concluded between Khuzestan Regional Electricity Company and an Emirati private firm, the head of provincial power...
  • Tabriz Wastewater Plant to Raise Urmia Lake Inflow
    The second phase of the wastewater treatment plant in Tabriz, East Azarbaijan Province, will help raise the inflow of treated wastewater to the troubled Urmia Lake by 150%, director of the...
  • Water Projects Underway in Tuyserkan
    Over $3.5 million have been spent on the construction of Khorramroud Dam in Tuyserkan County, Hamedan Province, by the private sector, managing director of the provincial Regional Water Company...
  • Water Level in Dams Down 30% YOY
    Since the beginning of the current water year (Sept. 23), the level of water in dams across Iran has declined by 30% year-on-year, the head of Data and Information Department at Iran Water...
  • Lower Gas Supply to Petrochem Facilities a Cause for Concern
    Any move to reduce natural gas supply to petrochemical facilities is a recipe for disaster, as it will deprive the flourishing industry of foreign exchange revenues, the secretary-general of Iran's...
  • Oil Rebounds on Speculation OPEC+ May Pause Output Raise
    Oil prices rebounded on Monday as investors looked for bargains after Friday's slump and on speculation that OPEC+ may pause an output increase in response to the spread of Omicron, but the mood...
  • Iran, Turkmenistan, Azerbaijan Finalize Natural Gas Swap Deal
    Iran, Turkmenistan and Azerbaijan have concluded a natural gas swap agreement for up to 2 billion cubic meters per year, which will take effect on Dec. 22. According to Oil Minister Javad Owji,...
  • The Energy Ministry has planned to increase the country's current electricity production capacity of 85,000 megawatts by 6,000 MW by next summer, which is unprecedented in the country's electricity...
  • Manjil Wind Output Reaches 75 GWh
    Manjil Wind Farm in Gilan Province (with 171 wind turbines) has generated close to 75,000 megawatt-hours of electricity since the beginning of the current fiscal year on March 21, a deputy manager...

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