Kavian Petrochemical Company in the Pars Special Economic Energy Zone in Asalouyeh, Bushehr Province, is the main injector of ethylene to the West Ethylene Pipeline and plays an important role…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Watershed management projects have been carried out for almost one million hectares in 10 flood producing provinces in 12 months, head of Flood Control and Watershed Management Department at the…
Energy Minister Reza Ardakanian held talks with Iraqi officials in Baghdad on Tuesday including the Minister of Electricity Majid Mahdi Hantoush.
Oil prices edged higher on Monday after Donald Trump, the embattled outgoing US president, signed a $2.3 trillion coronavirus aid and spending package, although lingering worries about near-term…
The idea of a pipeline stretching from Iran's gas-rich southern regions to Pakistan was an imprudent decision from the outset as most gas-based industries in Pakistan are located in the east of…
The Ministry of Energy owes $80 million to combined heat and power plants this year, the head of Iran CHP Association said. Small-scale power plants are among the cheapest sources of…
Construction of two power plants with total 1,000 MW capacity is set to begin in Khuzestan and Khorasan Razavi provinces in February, the Energy Ministry news portal Paven reported. A 546 MW…
Petrochemical revenue from exports and domestic sales in seven years exceeded $110 billion, secretary general of Iran's Association of Petrochemical Industry Corporation (APIC) said. “Of…
Iran and Armenia explored grounds to boost collaboration in energy projects in a meeting between Deputy Oil Minister Amir-Hussein Zamaninia and Deputy Minister of Territorial Administration and…
Russia expects to support an increase in oil production by the group, known as OPEC+, of another 500,000 barrels per day from February at next month’s summit of the leading global oil producers…
The coronavirus outbreak has forced some businesses to close and reduced working hours in many organizations and companies across the board. Lockdowns have led to a reduction in traffic…
Water stored water in dams around the catchment area of Lake Urmia has decreased by 30% compared to last year, managing director of West Azarbaijan Regional Water Company said.
Three petrochemical plants costing $1.1 billion were launched in the western provinces on Thursday. The projects include olefin unit and sulfur recovery unit of Ilam Petrochemical Plant in Ilam…
Iran and Azerbaijan finalized an agreement to build a hydroelectric power plant on the joint Khoda-Afarin dam on the Aras River straddling the joint border.
The level of groundwater resources in Semnan Province on average drops annually by 60 centimeters posing an existential threat to the water resources of the province, managing director of the…
Oil prices dropped on Wednesday after an industry report showed an unexpected rise in US crude oil inventories, and as President Donald Trump rattled markets by threatening not to sign a long-…
Close to 203 billion cubic meters of natural gas was used in ten months to December 21, head of the state-run National Iranian Gas Company said. “It jumped by a massive 53 bcm or 35% compared…
Dozens of energy projects were inaugurated in Tehran and Gilan provinces on Tuesday, namely 28 related to power and water worth $22.1 million. According to the Energy Ministry news portal Paven…
Average rainfall since the beginning of the current water year in September slightly increased water stored in dams. According to data from the Iran Water Management Company, dams now hold 26.7…
Oil prices dropped about 3% on Monday as a fast-spreading new coronavirus strain that has shut down much of the United Kingdom fueled worries over a slower recovery in fuel demand amid tighter…
Equipping water wells with smart meters helped save more than 111 million cubic meters of water in the agro sector in South Khorasan Province in the past year, deputy of protection and operation…
The potential and investment opportunities in Iraq’s power sector notwithstanding, no meaningful measures have been taken to expand Iran’s footprint in the untapped market, deputy head of the…
Since the early onset of winter and increase in home gas consumption, gas supply to power plants has been disrupted as priority shifts to households forcing power plants to use liquid fuel,…
There is a conspicuous absence of an effective strategy on cross-border resources and that is why Iran’s share of transboundary water has reduced substantially, the deputy head of Water and…
Investment in power plants, renewables and electricity infrastructure is incompatible with levels required to safeguard electricity security after 2022, managing director of Iran's Thermal Power…