China's crude oil imports from Iran rose 4.7% month on month to 926,119 bpd in July, while the US ranked as the eighth largest crude supplier as shipments surged to a 13-month high of 362,364…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Oil prices rose on Monday after the United States and China both suggested they could ease up in a trade war that has undermined the outlook for the global economy and for crude demand. Brent…
Khorasan Razavi Water and Wastewater Company has completed feasibility studies to supply water from the Oman Sea to three provinces, operator of the project said Sunday. "The plan is estimated…
An estimated 95 million cubic meters of water is used annually in Ardakan County, Yazd Province, of which 80% is consumed by farmers, 12% by households and 8% by industries, managing director of…
Petrochemical export revenue in the last fiscal year that ended in March stood at $11 billion.
The largest offshore wind farm in Scandinavia is officially open. The state-owned Swedish energy firm Vattenfall has inaugurated the Horns Rev 3 facility, which is located in the North Sea, off…
Wastewater network in towns in the southwest of Tehran is expanding gradually, an official at the Tehran Province Water and Wastewater Company said. The managing director of TPWWC’s West Tehran…
Energy Minister Reza Ardakanian said the ministry's annual turnover [export revenue not included] stands at $2 billion. "The earnings are invested in expanding the national grid in urban…
According to agreements between Iran and Armenia at the 16th session of the Joint Intergovernmental Commission in Tehran last month, it was decided that the third electricity transmission line…
China's plans to levy 5% tariff on US crude imports from September 1 caused a drop in benchmark crude prices Friday, jeopardized seaborne US crude shipments heading to China and limited buying…
On the occasion of Government Week (August 24-30), 19 water and 62 electricity projects were inaugurated Saturday in Tehran Province. Water projects will supply potable water to remote rural…
Thermal power capacity has risen by 16% or 9,000 megawatts over the past six years. According to the Energy Ministry news portal, the output has increased from 56,000 MW in 2013 to 65,000 MW…
In line with the government's goal of linking 90% of suburban homes to the national gas network by 2022, the grid is passing through rugged mountain areas in Yazd, Gilan, Kurdestan, Semnan…
Almost 4,447 smart meters have been installed on authorized water wells in Hamadan Province, the managing director of Hamedan Regional Water Company said. "The agriculture sector accounts for…
National Iranian Drilling Company, a subsidiary of the National Iranian Oil Company, is collaborating with 230 local manufacturers, especially in Khuzestan Province, to indigenize drilling…
The plan to use bank debit cards as fuel cards could have prevented the issuance of at least 10 million smart fuel cards and saved a lot of money. It remains unclear why its implementation was…
Approximately $454 million is added to the Energy Ministry's debt to the private sector every year, the Energy Ministry’s spokesman for the power department said. "Although the ministry paid $1…
Norway’s Equinor and Russia’s Gazprom, Europe’s largest suppliers of pipeline gas, have lost market share as a result of the LNG import surge that has occurred over the past 10 months.
A new small-scale power plant with distributed generation system joined the national grid in Anzali Free Zone, Gilan Province, the managing director of Gilan Regional Electric Company said.
Brent crude oil futures rose above $60 a barrel on Wednesday after industry data showed a larger-than-expected drop in US crude inventories, but lingering worries about a possible global…
To reduce gas flaring in Khuzestan Province to zero the construction of a plant to collect 1.5 million cubic meters of associated petroleum gas, or APG, per annum is completed, managing director…
While many road construction projects are on hold waiting for free asphalt (bitumen) from the government, a great deal of tar produced inside the country is exported, the people’s representative…
Despite the fact that electricity demand jumped up over the last two months, the Energy Ministry exported 2.5 million kilowatt hours of power between May 22 and August 11. Energy Minister Reza…
Despite claims from politicians that Australia’s contribution to global carbon emissions is not that big, the country ranks third in the world in terms of fossil fuel exports by carbon dioxide…
Rapidly declining water resources has impelled the government to increase the number of plains from which water withdrawal is banned from 15 in 1968 to 405 now -- up 2,600%.