Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
July 21, 2023 17:55
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July 22,2020Following its calls to reduce power consumption and avoid outages in the hot summer months, the state-run Power Generation, Distribution and Transmission Company (Tavanir) has signed 250,000... -
July 21,2020Eight provinces in Iran will be provided seawater after desalination, the deputy minister for water and wastewater affairs at the Energy Ministry said. “The government has issued permits for...
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July 21,2020Oil prices edged higher on Tuesday on positive news on vaccine trials, but are still within the narrow trading band of the past three weeks amid fears that new lockdowns could derail a recovery in...
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July 21,2020The first phase of Iran’ first geothermal power plant will be commissioned by the end of the current fiscal in March 2021, managing director of Thermal Power Plants Holding Company said. Located...
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July 20,2020Oil prices dropped on Monday, amid concerns that a recovery in fuel demand could be derailed by a rise in the pace of coronavirus infections around the world.
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July 20,2020The National Iranian Oil Company concluded an agreement with the domestic company Petropars to develop the giant South Azadegan Oilfield in Khuzestan Province. The $1.3 billion contract aims to...
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July 20,2020The three priorities of the gas industry is people’s welfare, injection into oil wells to increase efficiency, and use in industries. Export of gas is down the line in fourth place, a spokesman of...
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July 19,2020The National Iranian Oil Company has reported that gas flaring in oilfields declined 40% in 2019 compared to 2017. According to ISNA and based on NIOC data, daily gas flaring in 2017 was 50...
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July 19,2020Power load peaked at all-time high of 58,104 megawatts on Saturday, up 330 MW compared to the highest recorded in 2019, spokesman for the Energy Ministry said. “This consumption is the highest...
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July 18,2020Agriculture accounts for 83% of the water used in the arid Yazd Province, head of the provincial water company said. “Water use in the agro sector is alarmingly inefficient as less than 40% is...
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July 18,2020As the world heats up, converting to energy-efficient cooling systems is a major way to curb greenhouse gas emissions and limit climate change, according to a new report from the UN Environment...
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July 18,2020The oil minister has asked petrochemical companies to supply raw materials for products needed for battling the coronavirus.
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July 17,2020Oil prices slipped on Friday amid growing uncertainty about the global recovery in fuel demand as coronavirus cases surged in several countries, while major producers were set to ease output curbs...
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July 17,2020In May a website was introduced by the National Iranian Oil Products Distribution Company, where certain vehicles can register for free conversion of their vehicles into compressed natural gas...
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July 17,2020Twenty water and electricity projects costing $111 million were inaugurated Thursday in Hormozgan Province. These include a desalination plant with a capacity of 20,000 cubic meters in Bandar Abbas...
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July 17,2020Some of the biggest oil companies in the world set their first joint target to cut their collective carbon emissions from upstream operations in a move that saw Saudi Aramco and ExxonMobil joining...
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July 15,2020The second mobile power plant will be synchronized with the national grid soon to help prevent power disruption in Saravan city in Sistan-Baluchestan Province, managing director of the Provincial...
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July 15,2020Global oil demand will soar by a record 7 million barrels per day in 2021 as the global economy recovers from the coronavirus pandemic but will remain below 2019 levels, OPEC said in its monthly...
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July 15,2020Oil prices rose on Wednesday following a sharp drop in US crude inventories, with the market waiting for next steps from a meeting later in the day on the future level of output cuts by OPEC and...
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July 15,2020The olefin unit of Ilam Petrochemical Complex will start producing ethylene next week, the managing director said. “After launch, a part of the production will be supplied to the West Ethylene...
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July 14,2020Export of 23 million tons of petrochemicals in the last fiscal (ended in March) helped offset at least 20% of lost oil revenues, a member of the board of directors of the National Petrochemical...
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July 14,2020Water shortage in Khoy County in West Azarbaijan Province has intensified with the depletion of groundwater aquifers, digging new wells and delays in building dams on rivers. Khoy is the second...
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July 14,2020OPEC+ production cuts have brought oil prices back from the brink, but the group will have to tread carefully to avoid triggering a new price collapse when it begins to reverse those reductions.
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July 13,2020Supplying associated petroleum gases from oilfields in Sirri Island to thermal power plants in Kish Island over the decade has significantly cut the use of high levels of diesel, head of operations...
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July 13,2020Oil slipped nearly 1% on Monday as traders eyed an OPEC technical meeting this week which is expected to recommend an easing in supply cuts that have been propping up crude prices.
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