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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February 17,2019The National Iranian Oil Refining and Distribution Company has started exporting gasoline to international markets, CEO of the company said. Alireza Sadeqabadi made the statement in a press... -
February 17,2019The National Iranian Drilling Company, a subsidiary of National Iranian Oil Company, has drilled 4,500 onshore and offshore oil and gas wells since inception in 1980, the company director said in...
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February 17,2019Renewable energy sources will be the world’s main source of power within two decades and are establishing a foothold in the global energy system faster than any fuel in history, according to BP.
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February 17,2019After decades of supplying itself and its European neighbors with natural gas, an era has officially come to an end for the Netherlands.
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February 17,2019Oil Minister Bijan Namdar Zanganeh said Sunday China National Petroleum Corporation (CNPC) is still ambivalent after substituting the French energy giant Total in the $4.8 billion South Pars gas...
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February 16,2019The three most closely watched oil market forecasters are all bracing for a significant upsurge in non-OPEC supply growth in 2019 but differ on the extent that global oil supply will outweigh...
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February 16,2019The first phase of Masjed Soleyman Petrochemical Company's ammonium and urea units development plan in Khuzestan Province has registered 90% work-in-progress and is expected to come on stream in...
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February 16,2019Ethane production capacity in Asaluyeh in the southern Bushehr Province will rise by 2 million tons per annum upon the inauguration of four new phases of the South Pars Gas Field in Persian Gulf in...
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February 16,2019India has asked one buyer of Venezuelan oil to consider paying the South American nation’s national oil company PDVSA in a way that avoids the US financial system, an Indian government source said...
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February 16,2019Due to government funding constraints and financial pressures, private companies have taken on the mantle of developing renewable energy, head of Iran's Renewable Energy and Energy Efficiency...
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February 15,2019Brent crude oil briefly reached 2019 highs above $65 per barrel on Friday, as OPEC-led supply cuts and the announcement of a higher-than-expected cut by Saudi Arabia this week encouraged investors...
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February 15,2019Three thousand rural areas have been connected to the gas grid since the begging of the current fiscal (ends in March), the managing director of the National Iranian Gas Company said. Hassan...
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February 15,2019South Korea resumed imports of Iranian oil in January after a four-month hiatus, customs data showed on Friday, but shipments were down 76% from the same month last year.
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February 12,2019Iran is a dry and semi-arid country with limited water resources and limited rainfall; however, considering its vast land area, diverse climate, high altitude, vast plains and long coasts, there...
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February 13,2019Privatization of power plants has been suspended until further notice as per a presidential order, managing director of Saba Power and Energy Industry Holding Company told the Persian daily Donya-e...
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February 13,2019OPEC Secretary-General Mohammad Barkindo said the exporting group was not in the business of fixing oil prices, when asked to comment on a US House committee passing a bill targeting OPEC oil...
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February 13,2019The global oil market will struggle this year to absorb fast-growing crude supply from outside OPEC, even with the group’s production cuts and US sanctions on Venezuela and Iran, the International...
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February 13,2019Domestic petrochemical output reached 44.8 million tons in the first ten months of the current fiscal (ending in March) and exports generated over $9.7 billion. Twenty petrochemical plants in...
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February 13,2019A flurry of intensifying risks could trigger an energy market "crunch" over the coming months, according to the chief executive of BP.
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February 13,2019Iran's heavy crude oil gained $1.45 or 2.6% per barrel in January compared to December when it was traded at $54.84 per barrel. Iran Heavy, one of the country's main grades for export, settled at...
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February 12,2019Iran can buy several million cubic meters of water from Afghanistan in exchange for gas and electricity, a Zabol lawmaker said.
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February 12,2019OPEC’s biggest producer Saudi Arabia would need oil prices at $80-85 per barrel in order to balance its 2019 budget, Jihad Azour, director of the Middle East and Central Asia Department at the...
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February 12,2019Four more phases of South Pars Gas Field in Assaluyeh, Bushehr Province, will go on stream in the near future, the oil minister said. "Phases 14, 22, 23 and 24 will become fully operational by...
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February 12,2019Venezuela's oil minister is in New Delhi this week hoping to convince India's key refiners to buy more of its crude and forge closer ties as the South American nation finds itself internationally...
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February 12,2019Iran's liquefied petroleum gas shipments, which hit a trough in December at 101,000 tons, increased four-fold in January. The National Iranian Oil Company exported 400,000 tons of LPG last month,...
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