Saudi Energy Minister Khalid al-Falih said on Sunday that OPEC would probably meet in the first week in July in Vienna and that he hoped it would reach consensus on extending its agreement to…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
An estimated 11 million people were employed in renewable energy worldwide in 2018, according to the latest analysis by the International Renewable Energy Agency (IRENA). This compares with 10.…
The 10 megawatt power plant of Al-Ghadir Dam in Saveh County, Markazi Province, will resume work next week after nine years, operation manager of the dam said. “Unfortunately, due to the steep…
Sustainable development has hardly been a priority in Iran as it is almost always sacrificed at the altar of concerns like creating jobs and boosting industries at any price, not to mention…
A large number of ship-owners were not accepting bookings for Middle East cargoes on Friday, citing lack of clarity on safety after Thursday's attacks on two tankers in the Gulf of Oman,…
Oil skeptics are gaining ground fast as the outlook for global demand worsens. Hedge funds boosted their bets that West Texas Intermediate crude will fall by 46%, the most since August,…
The United States has allowed Iraq to import Iranian gas for its power grid for another three months by extending a waiver to US sanctions for Baghdad, two government sources said on Saturday.…
Yazd rural water supply network is expanding as close to 72,000 residents in 135 small towns around the province have been provided water during the past six months, managing director of the…
A large natural gas gathering facility became operational Saturday in Khangiran gas field, northeast of Mashhad in Khorasan Razavi Province. The facility will stockpile 10 million cubic meters…
As per the Sixth Five-Year Economic Development Plan (2017-22), 30% of potable water in northern and southern coastal regions in Iran should be supplied by desalination units, a deputy at the…
President Donald Trump’s threat to sanction Russia’s controversial new natural gas pipeline into Europe is an indication that competition to supply the fuel is heating up.
The outlook for oil demand growth in 2019 has dimmed due to worsening prospects for world trade, the International Energy Agency said Friday, although stimulus packages and developing countries…
OPEC said that international trade tensions are hurting demand for oil, slashing its estimates for consumption earlier in the year and predicting further challenges ahead.
Electricity produced from 53 hydropower stations in the last fiscal (ended March 20) amounted to 16,000 gigawatt hours, of which 50% was generated in winter, managing director of Iran Water…
Iran and Afghanistan signed an agreement in Kabul on Thursday on the optimal use of water sharing from the Hirmand (also known as Helmand) River.
The Sarir Oilfield in Libya’s Sirte basin has seen its oil production drop by 30,000 bpd since June 9 when a fire broke out in a power generator due to high temperature, Libya’s National Oil…
Global carbon emissions jumped the most in seven years in 2018 as energy demand surged, according to BP’s annual review of world energy, indicating the world is falling behind in its efforts to…
The first electrodialysis (ED) system to improve the quality of drinking water was launched in Shahid Beheshti Village of Shush County in southwestern Khuzestan Province. The vice-president for…
Iran has taken baby steps in expanding renewable energy and its development requires changing the economic policies and creating a lively market so that it can compete with polluting fossil…
Close to $120 million has been invested to expand the national power grid in small towns and villages since 2013. According to Paven, the Energy Ministry's news portal, the money was spent to…
China’s crude oil imports dropped in May from a monthly record in April, as Chinese refiners drastically reduced Iranian oil imports after the end of the US waivers and as some state refineries…
The third offshore platform of South Pars Gas Field’s Phase 14 was loaded in the southern port city of Bandar Abbas, Hormozgan Province, on Tuesday, director of the phase, Mohammad Mehdi…
Electricity consumption in southern Khuzestan Province reached a new peak of 8,000 megawatts on Sunday – up 8.5% compared to the previous record, managing director of the provincial electric…
New restrictions that the Trump administration imposed on Iran's petrochemical sector last week is another “ political tactic" and "a psychological war" and will not undermine production or…
After half a decade of lower spending on new projects, oil production growth was supposed to slow to a trickle just as demand was supercharged by a once-in-a-generation shake up in the shipping…