The project to connect Qeshm Island in the Persian Gulf to the national gas grid has registered 40% progress, the project manager said.
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Drilling wells, both legal and illegal, in Markazi Province’s counties have accelerated the death of qanats (aqueducts) in the region, the head of the Soil and Water Office at the provincial…
The National Iranian Oil Refining and Distribution Company and Bank Mellat have signed a memorandum of understanding for the construction of a pipeline to supply petroleum products to the…
The construction of Ghadir Energy Combined Cycle Power Plant started in Lamerd Country, Fars Province. With a generation capacity of 913 megawatts, the gas-fired power station is estimated to…
President Ebrahim Raisi on Friday officially launched Phase 1 of Qeshm ultra-heavy crude oil refinery in southern Hormozgan Province. Built by Pars Behin Palayesh Naft Qeshm Company, a…
Oil futures eased for a second session on Friday on expectations that Washington may soon act to cool prices that remain above $80 per barrel, while movement curbs in China to rein in a Covid-19…
A fire broke out in a distillate fuel storage tank at Charmshahr Petrochemicals Plant in Bouin-Zahra County, Qazvin Province, on Thursday, a spokesman of the Iranian Oil, Gas and Petrochemical…
Members of the parliament approved an article on Wednesday, based on which the Energy Ministry will attract investment for desalinating water from the Sea of Oman to transfer it to the…
Two new steam units of Sabalan Combined Cycle Power Plant in Ardabil Province with a total capacity of 320 megawatts will be connected to the national electricity grid during the first half of…
Oil prices steadied on Wednesday after rising in the previous session on expectations that fuel demand will continue to strengthen as the US Federal Reserve is likely to raise interest rates…
OPEC and its allies do not want crude prices to climb to $100 a barrel and are reviving production quickly enough to prevent global markets from “overheating”, Oman’s oil minister said.
Drawing on the experience of Russian oil and gas giants is crucial to transform Iran into a major player in the global gas market, the former chief executive officer of National Iranian Oil…
With the help of development projects at the Fajr Jam Gas Refining Company in southern Iran, the production of liquefied petroleum gas has increased at the refinery, managing director of the…
Projects to supply water to rural areas are underway in Kerman Province and according to plans, 442 villages will get piped water by the end of May, the managing director of Kerman Water and…
Bushehr Nuclear Power Plant in the southern namesake city, which was temporarily shut down for technical overhaul and refueling, has resumed operation and added 1,000 megawatts to Iran’s…
Development operations to lay subsea pipelines and install the platforms of Phase 11 of the South Pars Gas Field in the Persian Gulf have gained momentum, the contractor of SP Phase 11 said.
Oil prices edged up on Monday as supply disruptions in Kazakhstan and Libya offset worries stemming from the rapid global rise in Omicron infections. Brent crude rose 24 cents, or 0.3%, to $81.…
The National Iranian Oil Company has substantially reduced its growing gas condensate stockpiles in recent months not only through exports but also due to higher local consumption, managing…
Iran is exporting 110 megawatts of electricity to Afghanistan per day and this amount can be increased as the maximum export capacity to the neighboring nation is 175 MW, the energy minister’s…
Iran has the infrastructure for increasing gas import and swap with neighboring countries to 40 million cubic meters per day, or 15 billion cubic meters per year, the oil minister said.
Harmonizing Iran and Russia’s electricity grids is the most viable and inexpensive option to help ease frequent power cuts during hot summer days when power load maximizes in Iran, the energy…
The number of electricity meters nationwide has soared by 700,000 over the past eight months to surpass 38 million, a spokesperson for the Power Generation, Distribution and Transmission Company…
Oil Minister Javad Owji says domestic companies manufacture 70% of equipment needed in the oil and gas industry. “Local firms have the potential to manufacture 95% of equipment and parts…
A desalination plant is expected to be launched in Abadan, Khuzestan Province, in the near future to help address the pressing water problems of the southwestern oil city, said the director of…
Oil prices edged up on Friday, heading for their biggest weekly gains since mid-December, fueled by supply worries amid escalating unrest in Kazakhstan and outages in Libya.
