Iran will roll out a new gasoline pricing and rationing scheme starting early Saturday, introducing higher prices for fueling through station-owned fuel cards and eliminating several categories of…
Energy
As the world moves deeper into the energy transition, electricity is rapidly gaining a larger share in the global energy mix. According to international projections, global power demand is…
Iran has significantly increased natural gas deliveries to power plants this year, surpassing both last year’s figures and the government’s planned targets, according to the CEO of the National…
Iran’s crude exports to China have seen a notable rise following Beijing’s latest round of import quotas, with independent Chinese refiners—known as “teapots”—increasing their intake from floating…
Hamid Mollazadeh
Energy scarcity and price volatility dominate headlines, but an equally damaging problem goes largely unreported: poor energy efficiency. In Iran—like in many emerging…
Iran announced on Monday one of the largest single expansions of renewable energy in its history, unveiling 445 megawatts of new capacity as part of an accelerated national push toward solar and…
Oil prices crept up on Friday, buoyed by economic stimulus in slow-recovering China and falling inventories in the US. Brent futures were up 65 cents to $80.29 a barrel, while US West Texas…
Finnish state-owned gas trader Gasum has resumed importing liquefied natural gas cargoes from the Kryogaz-Vysotsk LNG plant in Russia. Gasum suspended LNG imports from the Novatek-operated…
The first phase of a 5-megawatt photovoltaic power station in Kashan County, Isfahan Province, is now connected to the national power grid, the head of Project Control Office in the Renewable…
The output of two major products of Fajr Jam Gas Refining Company had a significant growth in the first quarter of the current Iranian year (March 21-June 21), the managing director of the…
A project to transfer water from the Sea of Oman to the arid Isfahan Province has registered 40% progress in less than a year and is progressing rapidly, Isfahan’s governor general said.
The first phase of the project to supply water to 108 villages in South Khorasan Province has registered a more than 60% progress so far, the managing director of the provincial water and…
Executive operations to supply gas to 37 villages in Kohgilouyeh-Boyerahmad Province has started and is to be completed at a cost of $1 million, the managing director of the provincial gas…
The pilot phase of a project to connect the electricity grids of Iran and Russia is complete and as soon as protection relays are harmonized, the two nations will start power trade, Iran’s…
Japanese Prime Minister Fumio Kishida arrived in major gas-producer Qatar on Tuesday for the final leg of a Persian Gulf tour that has focused on securing energy supplies and promoting Japanese…
The French government has decided to raise regulated household electricity prices by 10% starting August, a government official said on Tuesday, confirming a report from newspaper Les Echos.…
Plans are underway to launch 68 semi-finished projects in the petroleum industry worth $15 billion by the end of the current Iranian year (March 2024), the oil minister said. “By launching…
Britain on Tuesday opened a competition to develop small modular nuclear reactors (SMR), such as those being developed by Rolls-Royce, as it launched its new Great British Nuclear Agency to help…
A total of 220 million liters of liquid fuel (gasoline and diesel) are used by the transportation fleet daily in Iran, the managing director of the National Iranian Oil Refining and Distribution…
Showing disregard to depleting renewable water resources will not allow the economy to flourish, as groundwater tables and economic growth have become more interdependent than ever, Energy…
Oil dropped by more than 1% on Monday after weaker than expected Chinese economic growth fueled concern over demand in the world's second-biggest oil consumer while a partial restart of halted…
Chinese oil refiners, led by heavyweight Sinopec, are set to boost Brazilian crude imports in the third quarter to replace some of the Saudi Arabian supply it cut after the kingdom hiked prices…
Saudi Arabia said on Sunday it remains committed to securing oil supplies for Japan and will continue cooperating with Tokyo on clean hydrogen, ammonia and recycled carbon fuels.
Industrial-scale solar farms that generate around 3 megawatts of electricity are needed to meet the nation’s growing power demand, especially in industries.
Three major projects, including a petrochemical plant and a dam, were officially inaugurated on Monday in Kohgilouyeh-Boyerahmad Province in the presence of President Ebrahim Raisi. Gachsaran…
