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
  • Oil Prices Increase Amid Russian Supply Threats
    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...
  • Asalouyeh Combined-Cycle Power Plant Capacity Rises by 160 MW
    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 at...
  • Thermal Power Stations Generate Over 350 Billion kWh Annually 
    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...
  • Oil Prices at 7-Month Low
    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...
  • Iran Can Help Ensure Global Energy Stability, Security 
    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...
  • Iran Water Crisis a Manmade Disaster
    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 workable...
  • 3,000 Small-Scale Solar Systems to Be Installed in Ardabil
    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...
  • Tavanir Boosting Power Exports
    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 declines,...
  • Nuclear Power Key for Japan’s Energy Security
    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.
  • Oil Prices Jump Over $1
    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.
  • Annual Gas Supply Reaches 265 bcm 
    The National Iranian Gas Company supplied close to 265 billion cubic meters of natural gas to households, industries, commercial units and power stations between July 2021 and June 2022, the...
  • Iranian Oil Storage in Persian Gulf Rises by 500,000 Barrels
    With the completion of the reconstruction and overhaul project of Tank No. 4 of the Bahregan region in Bushehr Province, the Iranian crude oil storage capacity in the Persian Gulf has increased by...
  • Khorasan Razavi Steel Mills Harnessing Reclaimed Sewage
    To preserve shrinking groundwater resources and use unconventional sources in Khorasan Razavi Province, an agreement has been signed between the National Water and Wastewater Engineering Company of...
  • Fars Cement Plant Curbs Mazut Use 
    To curb the burning of mazut, an eco-unfriendly fuel, in Larestan Cement Factory in Fars Province, the complex was connected to the national gas grid on Sunday, managing director of Iran Gas...
  • Noshahr WTE Plant Helping Ease Waste Disposal 
    The drying system of Noshahr waste-to-energy power plant in Mazandaran Province has been launched to reduce moisture in wet waste and prepare it for electricity generation. The plant, with a...
  • NIDC Drills 124 Oil, Gas Wells in 12 Months 
    The National Iranian Drilling Company has drilled 124 onshore and offshore oil and gas wells over the last 12 months, the company’s managing director for drilling affairs said. “Of the wells...
  • Industries Eye Power Autonomy 
    Major industries, including automakers, steel complexes, cement factories and petrochemical plants, will become totally independent of the Power Generation, Distribution and Transmission Company (...
  • Oil Gains Before OPEC+ Meeting
    Oil prices climbed on Friday on bets that OPEC+ will discuss output cuts at a meeting on Sept. 5, though fears of China's Covid-19 curbs and weak global growth continued to limit gains and a...
  • Iran to Provide Nigeria With $2.5b Worth of CNG Services
    Iranian companies will export $2.5 billion worth of compressed natural gas technical and engineering services to Nigeria in the near future, a member of the CNG Trade Union of Iran said. “...
  • Dez Dam to Supply Piped Water to Khuzestan’s Urban, Rural Areas
    President Ebrahim Raeisi inaugurated a long-awaited water supply project in the drought-stricken Khuzestan Province on Friday, director of the provincial water and electricity organization said. “...
  • Iran to Become Major Polypropylene Producer
    Twelve propane dehydrogenation (PDH) plants are in different stages of construction and when they become operational, Iran will turn into a major producer of polypropylene, managing director of the...
  • Fuel Storage Capacity Hit 13 Billion Liters: NIOPDC
    Iran's gasoline and diesel storage capacity has reached 13 billion liters, the head of the National Iranian Oil Products Distribution Company, a subsidiary of the National Iranian Oil Company, said...
  • Over 8,000 Illegal Wells Sealed in Isfahan in 17 Years
    More than 8,000 illegal water wells have been filled and sealed in Isfahan Province in the past 17 years, managing director of the provincial Regional Water Company said. “During this period, 4,...
  • Construction of Two Bushehr Nuclear Power Plant Units on AEOI Agenda
    The first unit of Bushehr Nuclear Power Plant with a capacity of 1,050 megawatts is operational and the construction of two more units with the same capacity is on the agenda of the Atomic Energy...
  • Catalyst Localization Crucial for Completing Petrochem Value Chain
    The National Petrochemical Company's short- and long-term goals to raise output cannot be attained unless value chain completion in the lucrative sector is accelerated with the help of local...

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