Drilling operations at the second well, as part of the development program of Forouzan offshore oilfield in the Persian Gulf, is complete and ready to start oil production, managing director of…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Amirkabir Petrochemical Company in Mahshahr, Khuzestan Province, has increased its operating income during the first five months of the current Iranian year (March 21-Aug. 22) compared with the…
The first gas unit of Rashed combined-cycle power plant in Torbat Heidarieh County has been connected to the electricity grid, deputy for projects development at the Thermal Power Plants Holding…
Oil prices fell on Monday with the global fuel demand outlook overshadowed by Covid-19 restrictions in China and the potential for further interest rate hikes in the United States and Europe.…
Marjan Petrochemical Company has achieved the knowhow of designing and manufacturing burners of furnaces for methanol production. The initiative seeks to reduce the emission of polluting gases…
Converting 213,000 gasoline-powered public transportation and commercial vehicles into compressed natural gas hybrids has helped save 370 million liters of gasoline over the last two years, the…
The project to transfer water from the Persian Gulf to Fars Province, especially to Lamerd County, is underway, managing director of Lamerd Special Economic Zone said. “With an investment of $…
A development project to replace depleting municipal water with treated wastewater in Tehran Oil Refining Company has made 53% progress, the head of the refining company said.
Lack of access to cutting-edge technology in household and industrial sectors, and the absence of cultural awareness regarding energy optimization have placed Iran among the most energy…
At least 25% of filling stations across the country are facing serious problems, as they do not have spare parts to repair old fuel nozzles, the head of Gasoline Station Owners Association said…
Karun Petrochemical Company in Khuzestan Province has indigenized another polyurethane product, which is the 19th item localized by the company. The KLM100-C product has been manufactured in…
To supply rural residents of the southern Hormozgan Province with piped water, the construction of three desalination plants with a capacity of 34,000 cubic meters per day is underway, the head…
The Investment and Development Group of the Persian Gulf Petrochemical Industries Company, also known as Petrol, has launched projects worth $600 million to complete the value chain of the…
A 1% increase in crude recovery rate will raise Iran’s oil extraction capacity by 800 million barrels, the former managing director of Central Iranian Oil Fields Company said.
Oil prices rose on Friday, as investors considered Russia's threat to halt oil and gas exports to some buyers, but crude was set for a second straight weekly decline as central banks' aggressive…
The 12th Iran International Renewable Energy and Energy Efficiency Exhibition is scheduled to open on Sept. 12 at the Tehran International Fairground.
Oil prices fell more than $1 on Wednesday to their lowest since before Russia invaded Ukraine, as Covid-19 curbs in top crude importer China and expectations of more interest rate hikes spurred…
An estimated 351 billion kilowatt-hours of power were generated in thermal power stations between July 2021 and June 2022, managing director of the Thermal Power Plants Holding Company said. “…
The second steam unit of Asalouyeh combined-cycle power plant in Bushehr Province with a capacity of 160 megawatts has been connected to the national power grid, deputy for projects development…
As long as old paradigms like allocating diminishing groundwater resources to water-intensive steel mills and thermal power plants in the middle of the desert are not replaced with new and…
The global energy market needs higher oil supply from Iran and as a major producer of oil, gas and petroleum products, the country is ready to play its role in providing oil and gas away from…
Nuclear power will be key for Japan’s energy security as the country targets carbon neutrality, said Japan’s Minister of Economy, Trade and Industry Yasutoshi Nishimura.
A total of 3,000 small-scale solar systems will be built in Ardabil Province, said the director general of Small-Scale Systems Development Department at Iran's Renewable Energy and Energy…
Oil prices climbed more than $1 a barrel on Monday, extending gains as investors eyed possible moves by OPEC+ producers to cut output and support prices at a meeting later in the day.
With temperature falling from 40 degrees Celsius in June and July to around 30 in September, power exports have witnessed an uptrend over the last 10 days as household electricity demand…
