Iran is an energy-rich country possessing 11% of global oil reserves and 15% of the world’s natural gas reserves. Ranked 11th in the world in terms of oil processing capacity, it is the…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Three 42-MW units of Zahedan medium-sized power plant in Sistan-Baluchestan Province will become operational by mid-June, director of planning at the Thermal Power Plants Holding Company said.…
To help accelerate the synchronization of Iran’s power grid with those of Azerbaijan and Russia, the three neighboring nations discussed the details of an ongoing project via videoconference on…
The 55 Iranian petrochemical companies use 1.1 million barrels of crude as feedstock daily and this will reach 2.6 million barrels over the next decade, managing director of the National…
An estimated 261 billion kilowatt-hours of power were consumed between March 2021 and January 2022, up 8% or 18 billion kWh compared with the same period of a year ago, the head of Iran Grid…
The US administration will not sanction Russian crude oil because that would harm US consumers and not Vladimir Putin, a US State Department official said on Friday. “The sanctions will not…
Iran Chamber of Commerce, Industries, Mines and Agriculture’s Research Center has criticized a controversial policy based on which private electricity producers are obliged to sell power to the…
The Iranian petrochemical industry's revenue-generating potential notwithstanding, the 60-year-old sector has long been grappling with problems that have slowed down its development, the head of…
The water stored in Karkheh Dam in Khuzestan Province is 1.3 billion cubic meters less than the amount in the dam at this time of last year and Karoun Dam water storage has declined by 1 billion…
The energy ministers of Iran, Russia and Azerbaijan stressed the need to develop regional cooperation in the energy sector.
Population explosion, massive urban expansion, agriculture issues, rising consumption, waste and climate change have pushed rivalry for sustainable water resources to alarming levels. …
Subsidiaries of the Persian Gulf Petrochemical Industries Company signed 200 memorandum of understanding worth $600 million with domestic manufacturers at the third exhibition and convention to…
About 500,000 smart meters have been installed across Iran for high-consuming subscribers and the installation program will continue until next summer, a spokesperson for Power Generation,…
Oil Minister Javad Owji left Tehran on Sunday to accompany President Ebrahim Raisi to attend the Sixth Summit of Gas Exporting Countries Forum planned in Doha, Qatar, on 22 February. Russia,…
A new small-scale power plant with distributed generation system operated by the Khuzestan Regional Electricity Company joined the national electricity grid on Sunday, the head of provincial…
The Energy Ministry has announced that plans are underway to supply water to 1,219 villages in the next three months. Villages to get piped water are located in Sistan-Baluchestan, Khuzestan,…
Shiraz Petrochemical Company in the southern Fars Province exported a significant amount of its urea fertilizer to Brazil in 2021, managing director of the company said, without providing…
Completing the second phase of a plan to recover gasoline vapor at pumps has been delayed for the last two years due to financial constraints, the head of Gas Stations’ Guild Union said.
Prospects of collaboration between UNICEF and Iran’s Energy Ministry are promising and the two sides will continue to implement joint projects in the key water sector. Robin Nandy, the UNICEF…
Oil prices extended losses on Friday and were headed for a weekly fall, as the prospect of extra supply from Iran returning to the market outweighed fears of a possible supply disruption arising…
Iran is 85% self-sufficient in manufacturing parts and equipment needed by the oil and gas industries, the head of the Association of Iranian Petroleum Industries Equipment Manufacturers said…
Development of Tous Gas Field and Shourijeh storage facility, both in Khorasan Razavi Province, will guarantee sustainable gas supply to households and industries in the eastern and northern…
The Bushehr Nuclear Power Plant in the southern namesake city has helped Iran save and export 90 million barrels of oil over the past nine years, a deputy at the Atomic Energy Organization of…
The first regional water market scheme operating in Khaf County of Iran’s Khorasan Razavi Province since last July is a win-win solution to alleviate water scarcity in drought-stricken regions,…
Afghanistan’s excuses not to release Iran’s fair share of joint water resources are not acceptable and Iran is still hopeful that the matter can be resolved diplomatically, the head of the…
