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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June 27,2020Global nuclear generating capacity was 391.1 gigawatts as of December 31, 2019, with 443 operational reactors in 30 countries, a fall of 4.5 GW from 386.6 GW at the end of 2018, the International... -
June 27,2020European refiners are shunning Russia’s flagship crude grade Urals, which is now more expensive than Brent Crude after Russia cut its exports as part of the OPEC+ agreement, oil traders told...
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June 27,2020Despite the rise in evaporation in Urmia Lake catchment area, the water level is stable and things are normal for now, head of Urmia Lake Restoration Project said Saturday. “Close to 1.6 billion...
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June 27,2020The total liquid fuel delivered to the power plants across Iran last year (ended March 19) was 13.8 billion liters, of which about 4.3 billion liters were mazut and 9.5 billion liters diesel,...
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June 27,2020The largest oil company in the United States is preparing to let go between 5% and 10% of its US-based employees subject to performance reviewed, anonymous sources told Bloomberg.
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June 26,2020The average efficiency of thermal power plants reached 38.58% last year (ended in March), which was 0.48% more than the year before, managing director of Iran's Thermal Power Plants Holding Company...
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June 26,2020To help complete the value chain in the petrochemical sector, Miandoab Petrochemical Complex in West Azarbaijan Province became operational on Thursday, managing director of the plant said. "With...
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June 26,2020The US shale industry is about to enter a period of “great compression” as low oil prices hammer the sector, according to a Deloitte study released Wednesday.
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June 26,2020Oil prices rose on Friday, extending gains on optimism about a recovery in fuel demand worldwide, despite a surge in coronavirus infections worldwide and signs of a revival in US crude production...
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June 24,2020To help check and reduce power consumption in peak hours, Iran’s first online electricity monitoring center was inaugurated by Mohammad Hassan Motavalizadeh, head of the government-affiliated Power...
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June 24,2020Oil futures were mixed on Wednesday as concerns about oversupply in the market, stoked by a rise in US crude inventories, were offset by a drop in gasoline stocks that lifted hopes for fuel demand...
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June 24,2020Persian Gulf Bid Boland Gas Refinery in Khuzestan Province will be operational in August, the managing director said. “The refinery will start operation with 20 million cubic meters of gas or 30%...
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June 23,2020Hegmataneh Petrochemical Plant in Hamedan Province is set for launch in the second half of the current fiscal year, and when operational will produce one of the rarest petrochemicals in the world...
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June 23,2020A consortium of six global investors has entered into a $20.7 billion agreement with Abu Dhabi National Oil Company (ADNOC), the state-owned oil company said Tuesday.
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June 23,2020As the OPEC+ alliance sticks to its guns in trying to curb oil output to shore up prices, Asian buyers are increasingly looking to the US for a cheaper source of supply.
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June 23,2020The pattern of procrastination by automakers and the influence of their strong lobbies notwithstanding, the Department of Environment insists on its stance that car companies must start making...
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June 23,2020Bushehr Nuclear Power Plant in the southern namesake city that was temporarily shut down for technical overhaul and refueling outage has resumed operation, head of the facility said. "The plant...
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June 22,2020Fifteen wet months helped eased the water tension to some extent, but the respite will not last long, director of the National Water and Wastewater Engineering Company of Iran (Abfa) said. “Iran...
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June 22,2020Mehr Petrochemical Company in Asaluyeh, Bushehr Province, has set a new record in production of high-density polyethylene in the past six months. The company produced 190,000 tons of HDPE in the...
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June 22,2020Oil prices slid on Monday as concern grew that a record rise in coronavirus infections worldwide could stall a recovery in fuel demand, outweighing tighter supplies from major producers.
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June 21,2020A project to complete the value chain of butane is underway in Mahshahr, Khuzestan Province, and will be over before the year is out in March 2021. Construction of the Ibne Sina Petrochemical...
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June 21,2020Oil exploration shrank for a 14th straight week in the US fields amid weak crude prices and skepticism about a recovery in energy demand.
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June 21,2020Expansion of the national gas network in Sistan-Baluchestan Province is on track despite difficulties created by coronavirus in the southern regions, head of the provincial gas company said. "...
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June 20,2020Routine overhaul of power plants is over and there is no problem supplying electricity with the current rates of consumption. But if power use exceeds 60,000 megawatts, there is a possibility of...
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June 20,2020Growth in energy demand was declining even before the coronavirus pandemic spread globally, keeping consumers under lockdown and sending prices to record lows, BP said.
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