Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
April 07, 2020 17:44
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April 07,2020Saudi Arabia, Russia and other large oil producers are racing to negotiate a deal to stem the historic price crash as diplomats said some progress was made on Sunday. -
April 07,2020China is poised to cut oil product exports in April as lockdowns across the world to limit the coronavirus pandemic sapped global demand, according to refiners, traders and analysts. -
April 07,2020One of the programs of the Energy Ministry in the current fiscal year (started March 20) is to use gas condensates for gas turbines in power plants, Energy Minister Reza Ardakanian said in a video... -
April 07,2020Oil and gas companies including the National Iranian South Oil Company, a subsidiary of the National Iranian Oil Company, are doing their fair share in helping degrade and defeat the coronavirus,... -
April 06,2020Snow cover in the mountain basins has declined by a massive 69% compared to last year, a report issued by the Iran Water Management Company shows. “Snow has covered almost 91,000 kilometers in... -
April 06,2020Oil prices fell on Monday, after Saudi Arabia and Russia delayed a meeting to discuss output cuts that could help alleviate global oversupply as the coronavirus pandemic pummels demand.
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April 06,2020The International Energy Agency has predicted that the world will add 1,200 gigawatts of renewable energy by 2024, a 50% increase on what’s in place now. That would see renewables’ share of global... -
April 06,2020Asian clean and dirty tankers have just had one of their best first quarters in years as traders rushed to store oil products on the water as the COVID-19 pandemic slashed oil demand globally, but...
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April 05,2020OPEC and Russia have postponed a meeting set for Monday to discuss supply cuts and ending a brutal price war. -
April 05,2020An estimated 267 billion cubic meters of natural gas was produced in the last fiscal year that ended in March, director of dispatching at the National Iranian Gas Company said. “Of the total... -
April 05,2020The Research Institute of Petroleum Industry signed a contract with Aran Energy Systems Company in Tehran Saturday for commercializing micro-CHP system parts, according to the Oil Ministry news... -
April 04,2020Close to 3,000 megawatts of new electricity generation capacity was added to the national grid in the last fiscal year that ended in March, the Energy Ministry spokesman for the power department... -
April 04,2020President Vladimir Putin’s government is rewriting its budget to prepare for oil prices at $20 a barrel this year despite US-led efforts to get major producers to rein in production. -
April 04,2020Average rainfall in Iran since the beginning of the current water year (Sept 23, 2019) until April 1, 2020 shows a 38-millimeter decline compared to the same period last year. Rainfall in 192 days... -
April 03,2020The oil price crash has hit the upstream sector hard. Deep cuts are being made across the board, but it will have a dramatic impact on the industry’s project pipeline. -
April 03,2020Turkey's natural gas import from Iran was halted for the tenth time on March 31 following an explosion in a pipeline 1.5 km inside Turkey near the border with Iran, director of dispatching at the... -
April 03,2020Gasoline sale in Iran during the Nowrouz (Persian New Year) holiday season fell significantly compared to the closing days of the last fiscal year (ended March 19), according to the National... -
March 17,2020Conventional water treatment methods (filtration and disinfection) used in drinking water networks across the country are functioning as designed and prevent all waterborne pathogens, head of the... -
March 17,2020Power wastage in Tehran was 6.9% in 2018, but has now decreased to 6.5%. According to the Energy Ministry news portal, doing away with malfunctioning equipment, supply lines, utility poles, self-... -
March 16,2020Oil’s rout may have been an unexpected boon for the biggest buyers of liquefied natural gas, but its knock-on effects may come back to bite them. -
March 16,2020Natural gas consumption in the household sector fell by 61% over the last two weeks as many regions experienced a rise in temperature, head of the public relations office of the National Iranian... -
March 16,2020Oil fell on Monday as an emergency rate cut by the US Federal Reserve failed to soothe global financial markets panicked by the rapid spread of the coronavirus, while a price war between top... -
March 15,2020The drilling rig of Phase 11 of South Pars Gas Field will be put on its jacket in a few months and drilling will begin in June. Phase 11 is scheduled to be developed in two integrated and... -
March 15,2020Oil giant Saudi Aramco on Sunday posted a 21% decline in 2019 net profit due to a drop in oil prices and production, and said it plans to “rationalize” capital spending in the wake of the... -
March 15,2020Despite regular warnings from the National Water and Wastewater Engineering Company of Iran (Abfa), high water consumption continues unabated across provinces. Following outbreak of the...
