Gasoline exports from Europe to the Middle East and Asia are set to surge this week after recent attacks on Saudi Arabia’s oil facilities crippled output at the kingdom’s refineries.
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Saudi state oil firm Aramco has told Japanese refiner JXTG Nippon Oil & Energy about a possible change in shipment, raising concern about the kingdom’s ability to supply crude oil a week…
China has around 80 days of oil in storage, including those in its strategic petroleum reserve (SPR), oil storage at oil firms and commercial stocks, a National Energy Administration (NEA)…
Diesel consumption since the beginning of the current fiscal year in March has jumped to astonishing levels compared to last year, director of the CNG office of the National Iranian Oil…
Twelve small and large dams are in different stages of construction in southern Bushehr Province with a total investment of $174 million, the caretaker of Bushehr Regional Water Company said.…
Shell and Exxon are among the companies picked by the Pakistani government to build five LNG import terminals as part of efforts to boost natural gas imports to deal with supply shortages, Oil…
Expansion of Tehran’s wastewater network has registered 76% progress and is expected to be completed in five years, managing director of Tehran Province Water and Wastewater Company said. “The…
While rural electrification rate in the world is 76% (based on United Nations data), the figure is almost 100% in Iran, Energy Minister Reza Ardakanian said. "An estimated 21 million…
Installed power generation capacity from small-scale power stations in northern Mazandaran Province has reached 220 megawatts. Managing director of the provincial electricity company, Hossein…
Oil prices were on track to jump more than 7% this week, their biggest weekly rise in months, on rising Middle East tensions after a key Saudi Arabian supply hub was knocked out in an attack…
The Oil Ministry will support startups and knowledge-based firms in related industries, the Oil Minister said on the weekend.
With almost 500 million cubic meters of water wasted in the industrial and farming sectors in Semnan Province, a plan to transfer water from the Caspian Sea in the north to the arid region would…
Oil prices were little changed Wednesday, steadying after Saudi Arabia said it would restore by the end of the month production lost in weekend attacks on its facilities.
Investors managing $15 trillion in assets turned up the heat on the oil and gas sector on Wednesday ahead of a United Nations summit in New York aimed at accelerating efforts to fight climate…
Daily gas production capacity in Khangiran Gas Field in Khorasan Razavi Province will increase by 2.5 million cubic meters in three months, managing director of the East Oil and Gas Production…
The latest attack on Saudi oil installations will push up the war risk insurance, thereby increasing the total cost of deliveries as freight rates also have an upside potential amid likely…
Iran will invest $40 billion in the petrochemical sector to increase annual output from the current 66 million tons to 133 million tons over six years, managing director of the National…
The pattern of deficits in underground water resources in Fars Province is approaching appalling levels and is closer to the one billion cubic meters, says the managing director of the…
Pipe laying work for the ninth Iran Gas Trunkline (IGAT-9) is over, director of District 7 of Iran’s Gas Transmission Company said.
Oil prices surged on Monday, with Brent crude posting its biggest intra-day percentage gain since the Persian Gulf War in 1991, after an attack on Saudi oil facilities on Saturday shut over 5%…
An innovation by an Iranian scholar received the top award at the 4th International Invention Innovation Competition in Canada, iCAN 2019.
Power consumption fell below 40,000 megawatts at the weekend after 127 days as temperatures dropped across the country. Consumption had surpassed 40,000 MW in May and increased gradually until…
Domestic companies will start operations to develop Phase 11 of the South Pars Gas Field in the Persian Gulf in October, managing director of Pars Oil and Gas Company, a subsidiary of state-…
Saudi Arabia shut down half its oil production Saturday after a series of drone strikes hit the world’s largest oil processing facility in an attack claimed by Yemen’s Houthi fighters. The…
Russia’s first-floating nuclear power plant has arrived at its permanent base near an isolated Russian town across the Bering Strait from Alaska, Russian state nuclear energy company Rosatom…
