Energy

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

  • Bid to Resolve Debt Problem of Private Power Producers
    Talks are being held to help address the financial problems of private power producers who built plants with forex loans from the National Development Fund of Iran (sovereign wealth fund) and are...
  • Isfahan Power Plant to Help Support Water Conservation
    Isfahan wastewater network will be linked via a 3000-meter pipeline to the sewage treatment unit of Isfahan Power Plant, in the eponymous central province, and save 5 million cubic meters of water...
  • Oil Prices Set for Weekly Gain
    Oil prices were mixed on Friday but remained on course for a fourth straight week of gains ahead of an OPEC+ meeting early next week.  
  • Qanats on UNESCO World Heritage List
    Eleven qantas in five provinces were registered on the World Heritage List of the United Nations Educational, Scientific, and Cultural Organization (UNESCO). Qasem Taqizadeh Khamesi, head of the...
  • New Petrochemical Plant to Raise Urea, Ammonia Output
    Lordegan Petrochemical Plant in western Chaharmahal-Bakhtiari Province was inaugurated on Thursday. The plant will produce 1.075 million tons of urea and 677,000 tons of ammonia and generate $240...
  • 2 Dams in Ardabil Near Completion
    The construction of Emarat Dam in Germi County in northwestern Ardabil Province is near completion, managing director of Ardabil Regional Water Company said. “The project is almost complete and...
  • South Pars Can Store 4m Barrels of Gas Liquids at New SPEEZ Facilities
    Gas condensate storage facilities in the Special Pars Economic Energy Zone, southeast of Bushehr Province, are ready for launch. Pars Oil and Gas Company, a subsidiary of the National Iranian Oil...
  • Tehran Co. Using Indigenized Technology to Remove Arsenic From Drinking Water
    Iranian researchers at Payamavaran Nanofanavari Fardanegar Company in Tehran have indigenized knowhow to develop a nanotechnology to remove arsenic from drinking water.  This system, in which...
  • Oil Prices Highest Since March
    Oil hit its highest since March on Tuesday, rising towards $47 a barrel, as a third promising coronavirus vaccine spurred hopes of a quicker recovery in economic growth and oil demand next year.  
  • NPC: Uptrend in Iran's Petrochemical Sector
    Iran’s 55 petrochemical companies produced 35 million tons of products between March 22 and Sept. 22. Despite the coronavirus pandemic and US sanctions the figure reveals 8% growth in the volume...
  • Goldman Voices Concern About OPEC+ Future
    As the OPEC+ group’s decision on oil production cuts nears, there are renewed concerns about the future of the organization as it tries to rebalance the market while securing higher revenue and...
  • Dry Towers Curb Water Use in Hamedan Thermal Power Plant
    Using reclaimed wastewater and replacing cool towers with dry towers has helped Hamedan’s Shahid Mofateh Thermal Power Plant to curb water withdrawal from ground resources by 85%, managing director...
  • 60 Wastewater Plants Under Construction
    Sixty wastewater plants are under construction in the country and should be operational by next August, deputy energy minister for water affairs said. Work is in progress and in four decades the...
  • Oil Prices Extend Gains on Covid Vaccine Hopes
    Oil prices extended gains on Monday as traders eyed a recovery in crude demand thanks to successful coronavirus vaccine trials, although prices were contained by renewed lockdowns in several...
  • Natural Gas as Fuel Is Better and Safer
    The use of compressed natural gas in vehicles has advantages over gasoline, mainly less pollution, more cost-effective, and higher safety and low maintenance costs, the environmental advisor at the...
  • NIGC-BOTAS Gas Deal Probable
    Despite substitute routes, it is likely that Turkey will renew its gas import contract with Iran as it is economically viable, a spokesman of the Iranian Oil, Gas and Petrochemical Products...
  • JPC Boosts Polyethylene Output
    Jam Petrochemical Company in Asalouyeh, Bushehr Province, has set a new record in producing a polyethylene grade, HD-52518, at its linear low-density polyethylene (LLDPE) unit. With the efforts of...
  • Rainfall in Catchment Areas Is Down 45%
    Precipitation in Iran's six main catchment areas has decreased 45% since the beginning of the current water year that started on Sept. 22. The Iran Water Resource Management Company said 23...
  • Fire in Kharg Petrochem Co. Kills 2
    An inferno at Kharg Petrochemical Company, the only one of its kind on the island 25 km off the Persian Gulf coast, killed two workers and injured three on Thursday.
  • DoE: Tous Power Plant Not Helping the Environment
    Tous Thermal Power Plant in Khorasan Razavi Province slashed use of mazut as feedstock in the first half of the current Persian calendar year (March 20-Sept. 21, 2020) but is still among the big...
  • 2-Week Winter Inspection of Tehran Powerlines Underway
    Routine inspections, repairs and renovation of powerlines are underway in Tehran, managing director of Iran's Power Generation, Distribution and Transmission Company (Tavanir) said. “The company...
  • Mapna Among Top 10 EPC Contractors in MENA Region
    Iran's industrial giant Mapna Group has been chosen by MEED Company as among the top 10 engineering, procurement and construction (EPC) contractors, in the oil, gas, and petrochemical industry in...
  • MRC Report: Wastewater Potential Remains Underexploited
    The Majlis Research Center said urban wastewater networks and sewage collection facilities have been expanding but the same is not true for rural areas. Sewage systems came to the villages long...
  • Winter Pushes Up Gas Demand
    Natural gas supply surpassed 710 million cubic meters on Monday as cold weather pushed into the northern and western regions, head of the National Iranian Gas Company Dispatching Department said...
  • OPEC+ Panel Sees Weaker Oil Demand in 2021
    OPEC and its allies have revised oil demand scenarios for 2021 with demand seen weaker than previously anticipated, a confidential document seen by Reuters shows, supporting the case for a tighter...

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