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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March 16,2019The government and Majlis have completed feasibility studies on a project to transfer water from the Oman Sea to five provinces, a member of Majlis Urban Affairs Commission said. According to... -
March 16,2019Islamabad appreciates Tehran's efforts to provide it with electricity and is hopeful of renewing its power import agreement. Omar Ayub Khan, Pakistan's water and power minister, made the statement...
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March 15,2019The United States is likely to renew waivers to sanctions for most countries buying Iranian crude, including the biggest buyers China and India, in exchange for pledges to cut combined imports to...
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March 15,2019OPEC’s secretariat urged oil producers to keep going with efforts to prevent a surplus this year as supplies from their rivals increase faster than world demand.
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March 15,2019Gasoline consumption is expected to rise by 22% in the Nowruz (Persian New Year) holiday season, managing director of the National Iranian Oil Products Distribution Company said Friday. Mohammad...
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March 15,2019More than 700,000 transformers are used in the domestic power distribution network and according to statistics one-third are worn out and need to be replaced, a member of Iran Electricity Industry...
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March 15,2019The oil market will flip into a modest deficit from the second quarter of this year, with OPEC possessing a hefty supply cushion to prevent any price rally in case of possible supply disruptions,...
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March 15,2019Five people were killed and six injured on Thursday in a gas pipeline explosion in southwestern Khuzestan Province, Ahvaz governor said.
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March 13,2019OPEC is sending a clear message to Wall Street banks and big investors: If Washington passes legislation that would allow the US government to sue the organization; the first victim will be shale.
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March 13,2019State-owned National Iranian Oil Company has raised the official selling price differentials for all of its four crude oil grades loading in April and headed to Asia, a company source told S&P...
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March 13,2019Iran has 184 oil and gas fields, and out of 380 reservoirs in them, 200 are undeveloped. Almost 42.4% of oil reservoirs and 10% of gas reservoirs have been depleted, said the director of integrated...
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March 13,2019National Iranian Oil Company is discreetly scouring the globe for second-hand oil tankers to replace its ageing fleet and keep crucial crude exports flowing as US sanctions start to bite, Iranian...
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March 13,2019Phase 13 of South Pars Gas Field which will fully come on stream by the end of March can generate $5 million in revenues per day, director of the project said Wednesday. "South Pars is being...
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March 12,2019Germany produced 10.3 million tons of oil and 26.1 billion cubic meters of gas in 2018, both down 3% year-on-year, industry association BVEG data showed on Tuesday.
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March 12,2019Pakistan plans to offers dozens of gas field concessions in the coming year to fill in a fuel shortage, a senior official said, with Islamabad hoping a sharp drop in militant violence and changes...
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March 12,2019Electricity exports to Iraq continue as usual and the pattern is symptomatic of cordial and expanding economic, trade and political relations between the two neighbors. According to the Energy...
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March 11,2019Dismissing allegations by former president Mahmoud Ahmadinejad over mismanagement in the energy sector, the Oil Ministry said despite difficulties created due to the new US economic sanctions,...
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March 12,2019The power industry has a better performance compared to other sectors when it comes to exporting technical and engineering services, vice president of Iran Electrical Industry Syndicate said. “...
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March 12,2019Boosting liquefied petroleum gas export to international markets is a priority for the National Iranian Gas Company in 2019, the newly appointed head of the company said. "LPG output is on the...
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March 10,2019Iranian Investment Petrochemical Group will expand its operations and help complete the value chain of petrochemical products, the managing director, Rasoul Ashrafzadeh, said Saturday. Founded in...
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March 11,2019Pars Special Energy Economic Zone in the southern Bushehr Province has attracted investments worth $98 billion since 1998, the PSEEZ investment director said. "Bulk of the investment was in the...
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March 11,2019China’s state-owned State Grid Corp promised further power price reductions for industrial and business users to support the economy, the company said on Sunday.
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March 11,2019Largely due to the abundance of oil and gas reserves, little if any importance is given in Iran to optimizing energy consumption. Iranians, especially profligate consumers in Tehran, use energy...
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March 10,2019Direct transfer of electricity bills consumers pay to the treasury is a wrong policy simply because the money is not used for critical development projects in the key power sector, a veteran...
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March 10,2019The National Iranian South Oil Company is to start production expansion and maintenance projects in areas where the Masjed Soleyman Oil and Gas Production Company is operating, the managing...
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