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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April 28,2021Oil prices rose on Wednesday amid optimistic forecasts of global fuel demand recovery, while the rapid spread of Covid-19 infections in India and a bigger-than-expected build in US crude stocks... -
April 28,2021OPEC and its allies recommended proceeding with plans to gently revive oil production as global demand recovers from the pandemic, despite surging infections in India.
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April 27,2021Petrochemical output in the first month of the new Iranian calendar year (March 21-April 20) increased by 7% compared to the same period last year, director of production control department at the...
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April 27,2021An estimated 85% of the electricity distribution network in Alborz Province has been equipped with aerial bundled cables (ABC) prevent theft, head of the region’s Electric Power Distribution...
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April 27,2021To ease water shortages in southern Hormozgan Province, supply of desalinated water to Salakh rural district on Qeshm Island has increased fourfold to reach 1,200 cubic meters per day, deputy...
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April 26,2021No new water contracts will be signed with farmers in the north of Khuzestan Province in the remaining spring season and in summer because of the worsening water crisis, director of Khuzestan Water...
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April 26,2021As per a government decree that came into effect today (April 27), heavy industries using an estimated five million kilowatt hours of power a year can buy electricity directly from private...
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April 26,2021Oil prices fell almost $1 on Monday on fears that surging Covid-19 cases in India will dent fuel demand in the world's third-biggest oil importer, while an expected supply increase from OPEC+ also...
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April 25,2021Production of Euro-5 compliant gasoline at the Persian Gulf Star Refinery, a subsidiary the National Iranian Oil Refining and Distribution Company, in Bandar Abbas, has exceeded 47 million liters...
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April 25,2021With the pattern of declining rainfall and by extension less hydropower production, the government is expecting power deficit of 3,000 megawatts. A spokesman for the Energy Ministry said...
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April 25,2021Bu Ali Sina Petrochemical Company in Khuzestan Province produced 610,000 tons of benzene in the last Persian calendar year (March 2020-2021) up 8% compared to the previous year, the commercial...
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April 24,2021The National Petrochemical Company and its subsidiaries invested $30 million in programs to help protect the environment in 2020, the health, safety and environment (HSE) director said. “Reducing...
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April 24,2021Two dams were built in southern Bushehr Province in eight years and six more are under construction. Bushehr lacks efficient infrastructure to collect and conserve surface runoff after rainstorms...
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April 23,2021The first water market pilot scheme in Iran is planned in some regions, namely Khorasan Razavi Province, in summer and will be expanded if the results are positive, director of the National Water...
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April 23,2021Oil prices climbed on Friday, buoyed by hopes demand will recover as economic growth picks up and lockdowns ease, but worries about India's surging second wave of Covid-19 cases limited gains.
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April 23,2021A deep water well with a depth of 3,000 meters has been drilled in Sistan-Baluchestan Province and another is being drilled, a Zabol lawmaker said. “Fifteen such wells will be drilled in the...
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April 21,2021Oil prices fell for a second day on Wednesday, weighed down by concerns that surging Covid-19 cases in India will drive down fuel demand in the world's third-biggest oil importer.
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April 21,2021Absence of energy diplomacy is one root cause of shortfalls and lack of decent growth in the key power sector, a veteran economist says. Despite abundant energy resources ranging from fossil fuels...
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April 20,2021The Iran Power Plant Repair Company have manufactured a rotor of steam turbines, the CEO said. “The rotor that will be installed on 82.5 MW turbines cost $1.5 million and was built in six months...
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April 20,2021The National Iranian Drilling Company, a subsidiary of National Iranian Oil Company, drilled 116 oil and gas wells in the last Persian calendar year (March 2020-2021), the managing director said...
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April 20,2021The 7% rise in water and electricity prices that take effect as of today (April 21) is no panacea for the deepening financial issues that have impaired the Energy Ministry, head of the Iran...
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April 19,2021Due to unprecedented low precipitation last winter output from 60 hydroelectric power plants in Iran is projected to decline by at least 30% between June and September compared to a year ago. The...
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April 19,2021A well at the Esfand Oil Field in the Persian Gulf has become operational, managing director of Drilling Company International, the executive arm of PetroIran Development Company, said. PetroIran...
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April 19,2021A 5.9-magnitude earthquake which hit the southern province of Bushehr on Sunday partially damaged facilities of Gachsaran Oil and Gas Company.
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April 19,2021Oil prices were lower on Monday as rising coronavirus infections in India and other countries prompted concerns that stronger measures to contain the pandemic will hit economic activity, along with...
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