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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December 14,2019More than 12,000 parts and equipment used in the oil industry have been indigenized, managing director of the National Iranian South Oil Company said Friday. Ahmad Mohammadi made the remark at the... -
December 13,2019The average efficiency of thermal power plants has reached 38.1% compared to the global average that is 37%, head of Iran’s Thermal Power Plants Holding Company said. “Conversion of single-cycle...
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December 13,2019The Italian government will push back the full liberalization of its retail power and gas market from its deadline of June 2020 to January 2022, with the timeframe becoming too tight to carry out...
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December 13,2019Oil prices extended gains on Friday, scaling three-month highs as the United States and China moved closer to a resolution to the 18-month trade war between the world’s two biggest economies that...
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December 13,2019National Petrochemical Company has resumed polyethylene terephthalate (PET) exports after a three-month hiatus, head of Shahid Tondgouyan Petrochemical Complex in Bandar Mahshahr said. “Demand...
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December 13,2019To conform with the International Maritime Organization’s (IMO) new regulations for a 0.5% global sulphur cap for marine fuels, Nouri Petrochemical Company will start producing low-sulphur fuel...
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December 11,2019The electricity industry in facing challenges including severe shortage of funds, lack of investment to build new facilities, worn-out equipment such as transformers and annual increase in power...
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December 11,2019Petrochemical companies in Iran are doing relatively well as production and exports have been of the ascending order in the past six years, managing director of the National Petrochemical Company...
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December 11,2019US lawmakers have included sanctions on companies helping Russia’s gas giant Gazprom to complete the Nord Stream 2 pipeline project in the National Defense Authorization Act for the US defense in...
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December 10,2019Power and water projects worth $110 million were inaugurated Tuesday in western Kermanshah Province.
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December 10,2019Gasoline consumption fell by 22 million liters a day in the three weeks from November 15 after the government rationed gasoline and raised prices by selling it at two rates. Prior to the new...
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December 10,2019Brazil is carrying on with its plans to drill in the prolific pre-salt area even after UN leaders urged countries on Monday to steadfastly curb emissions of “climate-altering” gases that stem from—...
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December 10,2019Close to 172 million cubic meters of wastewater is recycled in Isfahan Province every year, head of the provincial water company said. "The need to treat and reuse wastewater is crucial to cope...
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December 10,2019The Kariba dam has plunged to its lowest level since 1996, raising further risks to the hydropower plants that Zimbabwe and Zambia depend on for nearly half of their power.
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December 09,2019A methanol production unit of Apadana Petrochemical Plant will come on line in 2021, the managing director told reporters on Monday. “Under license of the Swiss company Casale, the project has...
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December 09,2019Electricity consumption during peak demand season (June to August) declined by 1,000 megawatts compared to the year before, a deputy energy minister said. “Load was expected to surpass 61...
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December 09,2019The Energy Ministry has paid $900 million of its debt to private contractors over the past nine months. Reza Ardakanian, the energy minister, made the statement in the opening ceremony of the 34th...
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December 09,2019Oil prices fell on Monday after data showed that Chinese exports declined for a fourth straight month, sending shivers through a market already concerned about damage being done to global demand by...
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December 08,2019The National Iranian Gas Company and Iran Power Generation, Distribution and Transmission Company (Tavanir) have been instructed in the next fiscal budget (March 2020-21) bill to install smart...
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December 08,2019President Hassan Rouhani said Sunday the country has become self-sufficient in the production of natural gas, gasoline and diesel and has started exporting the three fuels.
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December 08,2019The government’s Economic Council has approved a proposal by the Oil Ministry based on which the state-owned National Iranian Oil Products Distribution Company has been tasked with helping convert...
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December 08,2019China’s crude oil imports hit a record high on a daily basis in November, as refiners operated at high run rates to use up annual import quotas.
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December 07,2019Japan Cooperation Center for the Middle East will collaborate with Iran to hold training courses and seminars in the field of energy next year, the energy minister’s advisor for international...
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December 07,2019A 10 megawatt photovoltaic power plant built by GEP (a South African solar power developer) in the town of Khusf, South Khorasan Province was synchronized with the national power grid on Saturday,...
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December 07,2019Despite the drawbacks and mounting grievances about the sudden gasoline rationing plan, the new policy would help the National Iranian Oil Company not to import gasoline in the foreseeable future,...
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