Energy

iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.

Oil Prices Tick Up
Oil Prices Tick Up
July 21, 2023 17:55
  • PV Power Purchase Prices Up 25%
    The state-run Renewable Energy and Energy Efficiency Organization (Satba) has increased the guaranteed purchase prices for generating electricity from small-scale photovoltaic (PV) power stations...
  • Mazut Not Viable for Power Plants 
    The use of mazut as feedstock in thermal power plants damages the facility and doubles the cost of maintenance and repairs, the deputy head of Hamedan's Shahid Mofateh Thermal Power Plant said. “...
  • Tabriz Wastewater Treatment Capacity to Surge by 150%
    The construction of the second phase of Tabriz wastewater treatment plant is expected to the completed by June, the governor general of East Azarbaijan Province said. “Upon the launch of the...
  • Industrial Firms Sign Agreement for Optimizing Power, Curbing Pollution
    To optimize power consumption in industrial units, the Industrial Development and Renovation Organization of Iran and the Renewable Energy and Energy Efficiency Organization (Satba) have signed a...
  • Oil Prices Extend Gains 
    Oil prices rose for a second session on Friday as the prospect of lower exports from Russia offset rising inventories in the United States.
  • Chamshir Dam’s First Filling Starts 
    The first filling of Chamshir Dam in Gachsaran County, Kohgilouyeh-Boyerahmad Province, has started, director of the project said. “We have made use of all the observations and suggestions in the...
  • UNESCO: Sustainable Governance Key to Solving Water Problems
    The fact that water plays a crucial life-support role has long been taken for granted and the mounting global water crisis can only be effectively addressed through the sustainable governance of...
  • Liquid Fuel Delivery to Power Plants Rises in Cold Seasons
    Since the beginning of the current Iranian year’s cold seasons (started Sept. 23, 2022), nearly 7 billion liters of liquid fuel have been delivered to power plants across Iran via tanker trucks,...
  • Sabalan Petrochemical Company Using Indigenized Catalysts
    Sabalan Petrochemical Company in Asalouyeh, Bushehr Province, has started using domestic methanol catalyst in the company's synthesis reactors, the managing director of the company said.  “...
  • Renewables Can Help Curb Annual Gas Use by 70 bcm
    Iran's potential to harness renewable energy, including solar and wind power, can help curtail natural gas consumption by a massive 70 billion cubic meters annually, Iran Renewable Energy...
  • Project Boosts Urmia Power Plant Capacity to 1.5 GW
    The third steam unit of Urmia Combined-Cycle Power Plant in West Azarbaijan Province has been connected to the country's national electricity network, increasing the total capacity of the plant to...
  • WTI, Brent Prices Downslide
    Oil prices fell for a third trading session on Wednesday on expectations the US Federal Reserve will indicate later in the day that interest rates are set to rise more, stoking concerns of lower...
  • OPEC+ Decisions Nonpolitical
    Decisions by OPEC+ are not politicized and are based on market fundamentals, Saudi Arabian Energy Minister Prince Abdulaziz bin Salman said on Monday, adding that the alliance of oil producers is...
  • Russia Eyes Iranian Gas Turbines 
    The European Union's sanctions against Russia, following its invasion of Ukraine, have turned out to be a blessing in disguise for Iranian gas turbine manufacturers not only to share their knowhow...
  • Isfahan Dams’ Conditions Dismal
    The large dams of Isfahan Province contain only 180 million cubic meters of water now, which is 74% less than the 50-year average, the director of operation and maintenance of water facilities at...
  • Abfa Boosting Wastewater Treatment Countrywide
    A total of 252 wastewater treatment plants with a capacity of 5.7 million cubic meters per day are operating in different parts of Iran, the deputy for supervision and planning at the National...
  • Non-Allocation of Funds Delays Tehran’s Wastewater Project
    The construction of phases 7 and 8 of Tehran’s South Wastewater Treatment Plant requires at least $700 million in investment, but the procrastination of agent banks in extending funds has delayed...
  • Energy Ministry Prioritizes Plans to Boost Desalination
    The Energy Ministry has launched several plans to increase Iran’s desalination capacity by at least 400,000 cubic meters per day in two years with the help of the private sector, the deputy for...
  • China Demand Hopes Lift Oil 
    Oil prices rose on Monday amid optimism over China's demand recovery, concerns that underinvestment will crimp future oil supply and as major producers keep output limits in place.
  • Arvand Petrochem Company Increasing Indigenization
    More than 85% of the chemicals and equipment used in Arvand Petrochemical Company in Mahshahr, Khuzestan Province, have been indigenized, the managing director of the company said. “The...
  • 13th RCUWM Governing Board Meeting Scheduled
    The 13th governing board meeting of the UNESCO Regional Center on Urban Water Management for West and Central Asia will be held on Feb. 23 in Tehran, deputy director of RCUWM-Tehran said. “The...
  • Tehran’s Water Use Reaches Summer Consumption Levels
    Water consumption in Tehran exceeded 46,000 liters per second on Thursday, which is equivalent to the consumption level in the hot days of summer. While water in Tehran dams is at its lowest level...
  • Iraqi Independence From Iran’s Gas, Power Supplies Far Off
    Although Iraq is in talks with international firms, such as Baker Hughes, Total Energies, Halliburton and Aramco, to implement oil and gas development projects in the west of the country, its...
  • Four Bushehr Projects to Expand Polyethylene, Propylene Output
    Four petrochemical projects belonging to the Oil Industry Pension Funds in Asalouyeh, Bushehr Province, are underway and will be completed over the next two years, the head of the Board of...
  • Renewables Capacity Shows Slight Growth 
    The total capacity of renewable energy sources across Iran has increased by 1.29% in the first month of winter (Dec. 22, 2022-Jan. 20) compared to the previous month. With the launch of a project...

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