Oil prices rose on Monday as the slow return of US crude output cut by frigid conditions served as a reminder of the tight supply situation, just as demand recovers from the depths of the Covid-…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Three pipeline construction projects to transfer gasoline, diesel and kerosene were inaugurated Monday stretching over 933 kilometers, the Oil Ministry news agency Shana reported. “One was the…
Saudi Arabia and Russia are once again heading into an OPEC+ meeting on opposite sides of a crucial debate about the oil market.
Power production by small-scale power plants with distributed generation system increased by 1,000 megawatts in five years, a spokesman for the state-run Power Generation, Distribution and…
Consuming unlimited volumes of oil derivatives and gas for heating and not converting it to value added products means wasting national resources and imposing a heavy burden on future…
Expansion of the wastewater network has been a priority in the sprawling capital in recent years, but mismanagement and haphazard urban expansion has slowed and at times hampered the process.…
A pipeline is being laid from Bandar Abbas in Hormozgan Province to Shiraz in Fars Province to boost delivery of petroleum products via pipelines instead of roadways, an official said.
Construction of Dehdasht Petrochemical Plant in Kohgilouyeh-Boyerahmad Province has made 25% progress and is expected to come on stream by 2022, managing director of the plant said.
Seventy plus desalination plants that process 309,000 cubic meters of saline water a day opened in the past ten years and cost $250 million, the deputy energy minister for water and…
Platinum-rhodium catalyst used to produce isocyanates in the petrochemical industry has been indigenized by Iranian knowledge-based companies and was unveiled at the second specialized…
Iranian manufactures will provide equipment and parts including electro-compressors for the Persian Gulf Bidboland Gas Refinery, managing director of the refinery said. “The refiner has signed…
Rainfall in Iran's six main catchment areas has plunged 40% since the beginning of the current water year in Sept. 2020. The Iran Water Resource Management Company said 157 millimeters of rain…
Oil prices advanced further on Wednesday, underpinned by major supply disruption in the south of the United States this week caused by a winter storm in Texas. Benchmark Brent crude gained 38…
A massive explosion at Iran’s Dogharoun border terminal with Afghanistan in Khorasan Razavi Province has cut off electricity export to the neighboring state since Saturday, a spokesman for the…
Lordegan Petrochemical Company in Chaharmahal and Bakhtiari Province has exported its first ammonia shipment to Turkey, managing director of the complex said Tuesday. “The 2,500-ton cargo has…
Twenty four water and electricity projects worth $50 million were inaugurated in five provinces on Tuesday. Nine were in Qazvin Province, five in Lorestan, and Chaharmahal-Bakhtiari each, four…
To reduce water use from depleting underground resources in Mazandaran Province, a desalination unit is set to become operational at Shahid Salimi (Neka) Power Plant in April, head of the power…
The second specialized exhibition and conference to support domestic manufacturing in the petrochemical industry opened in Kish Island in the Persian Gulf on Monday.
In the present conditions allowing private companies to get involved electricity export will deprive the Energy Ministry of crucial forex revenue, the energy minister said.
Oil prices soared on Monday to their highest in about 13 months as fears of heightened tensions in the Middle East prompted fresh buying, while hopes that a US stimulus and an easing of…
Two million tons of liquefied petroleum gas is consumed annually in Iran, managing director of Persi Iran Gas Company said. “The company, which is the biggest LPG supplier, sells 66,500 tons of…
Construction of the 10 megawatt solar farm in Bafq County, Yazd Province, has shown 49% progress, the Bafq governor said. “Built on 20 hectares in Kushk village in the central dry region, the…
The National Iranian Gas Company (NIGC) has started negotiations with Botas, Turkey's state oil and gas company, to renew a natural gas contract that expires in 2026, the deputy oil minister for…
Eight dams are in different stages of construction in Lorestan Province, managing director of the provincial Regional Water Company said. “The dams will supply drinking water to several…
The first privately-run compressed natural gas cylinder manufacturing plant opened in Alborz Industrial Town in Qazvin Province on Saturday, the provincial governor general said.
