Energy

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

  • Iran's Petrochem Sector Using Indigenized Catalysts
    Iran will have produced $215 million worth of catalysts for the petrochemical industry by 2022, managing director of the Petrochemical Research and Technology Company said. “PRTC is striving to...
  • Brent, WTI Prices Remain Steady
    Oil prices edged higher on Friday but were set to end the week broadly steady as sluggish economic growth in China, the world’s biggest crude importer, raised concerns about fuel demand and...
  • China Annual Crude Import Sets Record for 17th Year
    China’s crude oil imports in 2019 surged 9.5% from a year earlier, setting a record for a 17th straight year, as demand growth from new refineries built last year propelled purchases by the world’s...
  • Dynamics of the Petrochemical Industry
    Reports on the progress of the huge petrochemical industry in Iran are regularly fed into by the media in and outside the country.  There is no denying the fact that this sector and gas companies...
  • Venezuela Using Foreign Partners to Sell Oil
    Venezuela’s state-owned oil firm PDVSA is moving to market its crude oil overseas by enlisting its joint venture partners, including US supermajor Chevron, to sell cargoes to buyers in Asia and...
  • Indigenized Petrochemical Plant Opens 2nd Phase
    The second phase of Takht-e-Jamshid Petrochemical Plant in Mahshahr, Khuzestan Province, was launched Tuesday. It will produce 73,000 tons of polybutadiene rubber (PBR) and 20,000 tons of latex a...
  • Utility Going After Water Theft
    An estimated 1.5 billion cubic meters of water is consumed in Tehran Province annually, of which 25% or 30 million cubic meters/year is used by households that illegally tap into the water mains...
  • Manjil Wind Power Making Its Mark
    Electricity generated in Manjil wind farm in Gilan Province (with an installed capacity of 90 megawatts), surged 80% in 2019 compared to the year before, head of the provincial power company said...
  • Water Levels in Southern Dams Rising After Years
    Deluge in the past few days in southern and southeastern Iran has inflicted damages on cities, villages and roads and endangered lives. But at the same time it has helped fill dams that saw little...
  • Oil Rises as Mideast Tensions Ease
    Oil prices rose slightly on Monday as investors shift their focus away from easing Mideast tensions to this week’s scheduled signing of an initial US-China trade deal which could boost economic...
  • Gas Delivery to Power Plants Cut by Half
    Natural gas delivery to thermal power plants has halved with the aim of sustaining and stabilizing natural gas supply to households in the winter season, director for technical support at the...
  • Tehran Power Plants Prepare for Summer
    Three thermal power plants in Tehran, namely Tarasht in west and Rey and Besat in the south, provide electricity to the megalopolis. However, since the start of fall and with decline in consumption...
  • Fresh Impetus for Siraf Refining Park
    To speed up the development of Siraf Refining Park, a major downstream project in the city of Siraf in southern Bushehr Province, an a agreement was signed between Siraf Refining Park Firm in...
  • UAE Minister: Slowing US Shale Growth, Easing Trade Tensions to Boost Oil Market
    US shale production will be flat or even decline by 2021, and global oil demand is healthier this year than it was in 2019, UAE Energy Minister Suhail al-Mazrouei said Saturday.  
  • Lessons in Water Conservation Must Start From Our Schools
    Using water more efficiently demands a paradigm shift and an ethical revolution in addition to technical solutions, managing director of Tehran Regional Water Company said. Truth be told “water...
  • Limited Buyers for Treated Wastewater in Bandar Abbas
    Large volumes of treated wastewater from Bandar Abbas Wastewater Treatment Plant in Hormozgan Province is piped to industries in the west of the key port city and is largely used for green spaces,...
  • CHP Plant Owners Say: Cogeneration Systems No More Viable
    Investing in combined heat and power (CHP) plants is no more economically feasible for the private sector, a board member of the CHP association said. “As per a new directive, the Energy Ministry...
  • Farmers Benefitting From Indigenized Drone Technology
    A private knowledge-based company has indigenized drones that assist farmers in a variety of ways, Energy Today website reported. Sabokbal Helia Aseman Company designs and manufactures...
  • Electrical Efficiency a Long Way Off
    An estimated 260 billion kilowatt hours of power is generated annually in Iran, of which 11% or 29 billion kWh is wasted during transmission to end-users and in power stations. From generation to...
  • Oil Slips Towards $65
    Oil slipped towards $65 a barrel on Friday as the threat of war in the Middle East receded and investors focused on rising US inventories and other signs of ample supply.   
  • Hamedan Has a Functioning Wastewater Collection System
    Close to 95% of the population in Hamedan City is covered by the wastewater network and only a few suburban areas need to be linked to the network, the managing director of Hamedan Province Water...
  • UAE Says No Risk to Oil Flow
    The United Arab Emirates’ energy minister said on Wednesday he saw no immediate risk to oil passing through the vital gateway of the Strait of Hormuz after Iran attacked bases housing US forces in...
  • 3 Key Sectors Cut Power Use in Summer
    Industries and the farming community helped curb power consumption (by turning off water pumps and machinery) in the hot season (June-August) by as much as 3,000 megawatts. As per a contract...
  • South Pars Output Up 7%
    To speed up gas production from South Pars Gas Field in the Persian Gulf, an offshore deck of phase 23 was linked to Iran Gas Trunkline (IGAT) on Tuesday, deputy operator of the phases said. “The...
  • Abfa Expanding Water Supply Network
    Iran’s water supply network stretches over 460,000 kilometers, but there still are 10,000 small towns and villages with no access to piped water, director of the National Water and Wastewater...

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