The export of petrochemical products is projected to generate $18 billion in revenues for the National Petrochemical Company by the end of the current fiscal year (March 2023), managing director…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Oil prices rose as much as $1 on Friday on signs of improving fuel demand, although further gains were capped as the market awaited clues from the US Federal Reserve Chairman Jerome Powell on…
The National Iranian Gas Company and Russia’s oil and gas giant Gazprom will soon finalize a natural gas swap deal in Moscow, as fruitful talks have been held between the two sides. Iran’s Oil…
The National Iranian South Oil Company has produced an average of 1.77 million barrels per day of crude oil during August 2021-22, which shows an increase of 16% compared with the same period of…
The first phase of an operation to lay a new offshore pipeline to link the first deck of Phase 16 (SPD 16A) of South Pars Gas Field in the Persian Gulf to onshore gas refining facilities has…
In a bid to help industrialists generate their own electricity and not be at the mercy of the state-run Power Generation, Distribution and Transmission Company (Tavanir), the Renewable Energy…
Electricity loss in Iran’s distribution and transmission network stands at 9.2%, which is acceptable considering the vast coverage of the power grid, the spokesman of the power industry said.…
Iranian experts and engineers have indigenized a wellhead equipment with a working pressure rating of 15,000 pounds per square inch, which was unveiled at Shamsabad Industrial Town in Tehran on…
Transferring natural gas to power plants, industries and households on Kish Island in the Persian Gulf off the southern coast of Iran will help save 7,000 tons of liquefied petroleum gas and 500…
To harness unconventional water resources for industrial use in the drought-stricken province of Khorasan Razavi, an agreement has been signed on Monday between the National Water and Wastewater…
The olefin unit of Kangan Petro Refining Company in Bushehr Province, which comprises the second phase of the company’s development project, has registered 81% progress and is expected to come…
Gas supply project to 99 villages in Ilam Province is underway, the head of Ilam Province Gas Company said.
The Energy Ministry has no intention of importing water from neighboring states, such as Tajikistan and Turkey, Iran’s energy minister said. “Water import is not, has not been and will not be…
The Energy Ministry has completed close to 560 water and wastewater projects across the nation over the last 12 months, due to which the number of urban and rural areas faced with water tension…
The first phase of the development of Esfandiar Joint Oilfield will start soon, the managing director of Iranian Offshore Oil Company said. “According to the scheduled program, it is predicted…
The head of State Inspectorate Organization of Iran has asked Tehran Water and Wastewater Company as well as agent banks to accelerate the construction of phases 7 and 8 of the South Wastewater…
The capacity of Iran's thermal power plants has risen by 4,000 megawatts over the last 12 months, deputy for projects development at the Thermal Power Plants Holding Company said.
The gap between gasoline supply and demand is getting wider, as the former remains constant while the latter is on the rise, the head of Iran Energy Association said.
The synchronization of Iran and Russia’s electricity grids is a win-win collaboration that will have substantial benefits in the long run for the two countries, Iran’s energy minister said. “…
Oil prices slipped on Friday after two days of gains, as market participants weighed worries about a global economic slowdown, which would dampen fuel demand, against expectations of tighter…
More than 140 parts and equipment have been indigenized at the Neka Power Plant in Mazandaran Province since the beginning of the current Iranian year (March 21), the managing director of the…
The second phase of Abadan Refinery in Khuzestan Province, which has registered over 95% progress, is expected to be completed soon. The venture includes the installation of new units,…
To help conserve diminishing water resources and draw on unconventional means for industrial use in the arid province of Khuzestan, an agreement was signed between the National Water and…
The project to transfer water from the Talvar Dam in Kurdistan Province to regions in Hamedan is in the final stages and is expected to be completed before the end of summer. It will help meet…
Electricity consumption reached an historic high in Iran on Tuesday but no blackouts were reported across the country, the spokesman of the power industry said.