The Oil Ministry is at the forefront of fighting the US sanctions, but some power circles criticize it under the name and banner of protecting national interest.
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Tens of thousands of ships sailing the world’s oceans burn more than 3 million barrels of sludge-like high-sulfur fuel every single day. But, starting next year, the shipping industry will have…
Oil prices slipped on Monday after China posted its slowest quarterly economic growth in at least 27 years, reinforcing concerns about demand in the world’s largest crude oil importer. Brent…
The plan to resume the use of fuel cards by car owners will come into effect in August with the aim of curbing fuel smuggling that has taken a turn for the worse over the past months.
Legalizing cryptocurrency mining would help the power sector, head of the board of directors of the Power Generation Companies Syndicate said Monday.
Two steam units of Shirvan Combined Cycle Power Plant in Shirvan County, North Khorasan Province, were launched Sunday in the presence of President Hassan Rouhani. The two units, with a…
The Renewable Energy and Energy Efficiency Organization—a subsidiary of the Energy Ministry also known as Satba—was founded to help promote green energy but has failed in its mission, said an…
The local PET market has stabilized as the supply has increased compared to last year, secretary general of the Association of Petrochemical Employers Unions said.
The National Iranian Gas Company and its affiliates are capable of playing a role in Iraq's untapped natural gas market. Morteza Bahiyeh, head of Iraq's Babil Province Chamber of Commerce and…
Tehran recorded the highest daily water consumption in its history last Friday, the managing director of Tehran Province Water and Wastewater Company said. "Water consumption in the megacity…
To further boost output from South Pars Gas Field in the Persian Gulf, the third offshore deck of the field’s Phase 14 was installed on Saturday, the development manager of the phase said.
So long as Tehran is grappling with the unending and hostile US economic sanctions, criticizing the government, especially the Oil Ministry and its subsidiaries, is not called for because it…
Surging US oil output will outpace sluggish global demand and lead to a large stocks buildup around the world in the next nine months, the International Energy Agency said on Friday.
China’s efforts to reduce some of the world’s worst air pollution are having a bonus positive effect, as they are improving the country’s potential to generate solar power by allowing more…
One major issue in water management in Iran is the exploitation of groundwater resources, and an important measure taken in this regard is the unending struggle against illegal water wells.…
NGL 3100, an under-development gas venture to collect and process associated petroleum gas from oilfields in Ilam and Dezful, will be fed with as much as 6 million cubic meters of gas per day,…
Petroleum Engineering and Development Company (PEDEC) is developing the infrastructure to increase crude output from South Azadegan Oilfield in the oil-rich Khuzestan Province.
Any disruption in oil exports flowing through the Strait of Hormuz will be a “major obstacle” for Iraq’s economy, Iraqi Prime Minister Adel Abdul Mahdi said on Tuesday, as tensions continue to…
Non-oil exports from South Pars Gas Field off the Persian Gulf in the third month of the fiscal year (May 22-June 21) showed a 23% increase in volume compared with the same period of last year,…
The first and second steam units of Shirvan Combined Cycle Power Plant in Shirvan County, North Khorasan Province, will be launched next week, the managing director of Thermal Power Plants…
The government is now confident that transferring water from the Caspian Sea to Semnan Province is the best alternative to help fight drought in the central plateau, the managing director of…
Russian oil production fell close to a three-year low in early July, to 10.79 million barrels per day, dragged down by declining output at Rosneft, the country’s largest oil producer, industry…
Profits from gasoline production have surged over 150% in Asia from June due to output cuts and refinery maintenance, industry sources said this week, but that may not last as a flood of new…
OPEC's compliance with its production quotas fell sharply in June, as output gains in the month by Saudi Arabia and Nigeria, along with Iraq's, continued to flout their cap and shrank the bloc's…
To maintain sustainable gas supply to northern regions, the state-owned East Oil and Gas Production Company, a subsidiary of Iranian Central Oil Fields Company, is producing close to 63 million…
