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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September 01,2020As major oil companies prepare to spend billions on renewable energy assets to stay relevant in a low-carbon future, the industry’s patchy track record on takeovers is red flag for some investors... -
September 01,2020Construction of a waste-to-energy plant will start soon in the northern Talesh County, Gilan Province, said the project manager of Biomass Energy Technologies Development at Niroo Research...
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August 31,2020Underground water resources in the parched Isfahan Province are disappearing by 3.6 billion cubic meters per annum, head of the Water Conservation Department of the provincial water company said...
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August 31,2020Oil rose on Monday, with Brent touching the highest in five months, underpinned by a 30% cut in Abu Dhabi crude supplies and encouraging Chinese data even as global demand struggles to return to...
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August 31,2020Approximately 45% of the domestic electricity distribution network has been renovated, deputy for power distribution affairs at Iran's Power Generation, Distribution and Transmission Company (...
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August 31,2020Saudi Aramco discovered two oil and gas fields in northern parts of Saudi Arabia, the kingdom’s official news agency reported, citing Energy Minister Prince Abdulaziz bin Salman.
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August 30,2020The National Iranian Drilling Company drilled and repaired 109 oil and gas wells in one year (August 2019-August 2020), the managing director said. During the period, NIDC registered a drilling...
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August 30,2020Gas extraction from the giant South Pars Gas Field in the Persian Gulf increased 150% over the last decade, managing director of Pars Oil and Gas Company said. “Output capacity has approached 700...
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August 30,2020Canada’s capital spending on its oil and gas industry fell by more than half in the second quarter as the pandemic-inspired low prices continue to burden oil and gas producers with impossible...
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August 26,2020A mini refinery opened in Aras Free Zone on Wednesday with annual capacity of 200,000 tons of petroleum, including gasoline, diesel, naphtha, kerosene and bitumen, managing director of Aras Free...
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August 26,2020Crude oil processing capacity in the National Iranian Oil Refining and Distribution Company (NIORDC), a subsidiary of the National Iranian Oil Company, has risen 43% to 2.3 million liters per day...
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August 26,2020Oil rose towards $46 a barrel on Wednesday, near the highest since March, lifted by US producers shutting most of their offshore Gulf of Mexico output ahead of Hurricane Laura and a report showing...
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August 25,2020In the first five months of the current fiscal year (started May 20), more than $1 billion worth of gasoline was exported, head of the Islamic Republic of Iran Customs Administration said. “Total...
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August 25,2020To help develop power infrastructure in shared oilfields with Iraq, a 500 megawatt power station became operational in Iran’s largest oil block known as West Karoun in Khuzestan Province, chief...
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August 24,2020Iraq could lower its reliance on Iranian gas and electricity imports next year if (and when) OPEC's second largest oil producer can implement multi-billion deals signed with US companies and...
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August 24,2020Crude oil prices rose on Monday as storms closed in on the Gulf of Mexico, shutting more than half its oil production, and on coronavirus optimism after US regulators approved the use of blood...
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August 24,2020The sixth and ninth Iran Gas Trunklines (IGAT-6 and 9) were officially launched on Monday. Over $3.6 billion has been invested on the two projects, about a third of which ($1.3 billion) was put up...
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August 24,2020To expand the value-added chain in the petrochemical sector, the first phase of Bushehr Petrochemical Company in Pars Special Economic Energy Zone (PSEEZ), southeast of Bushehr Province, became...
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August 23,2020Gas production from the third platform of South Pars Gas Field Phase 13 started on Friday, the operator said. “Gas from the satellite platform 13C is transferred to the 13A main platform via an 18...
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August 23,2020Tehran Water and Wastewater Company, a subsidiary of the National Water and Wastewater Engineering Company of Iran (Abfa), and state-owned Renewable Energy and Energy Efficiency Organization, aka...
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August 22,2020Construction of Nazlou Chay and Barandouz Chay dams in Urmia, West Azarbaijan Province, which was halted to stop the drying up of Lake Urmia, will restart soon reportedly after a direct order from...
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August 22,2020Fifty research projects are underway at subsidiaries of the Persian Gulf Petrochemical Industries Company, director of planning and development said Wednesday. Mojtaba Taheri was speaking in...
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August 21,2020Contracts worth $1.7 billion have been signed between Iranian oil and services companies to increase production from existing fields, the oil minister said Wednesday. Referring to the previous...
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August 21,2020Oil prices climbed on Friday, on track for a third consecutive weekly gain, pulled higher by major oil producers’ efforts to hold back output amid concerns about economic recovery from the...
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August 21,2020Hydropower production in Tehran Province is projected to decrease by 21% in the current fiscal that started in March compared to 2019, head of hydropower installations at the Tehran Regional...
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