Iran's Compressed Natural Gas Association has proposed a plan to the Oil Ministry to encourage motorists to consume more CNG and postpone gasoline imports, the head of the association said. “…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
As precipitations increase in recent weeks, the volume of water inflow in dams of Bushehr Province has raised the capacity of reservoirs by 84%, the deputy of water resources protection at…
The National Iranian Drilling Company’s operations witnessed a 65% rise in 2022 compared to a year ago, a deputy manager at the company said.
The construction of the first phase of Persian Gulf Hoveyzeh Gas Refining Company is nearly complete and the facility that aims to collect associated petroleum gases from several oil and gas…
The Energy Ministry has settled $1 billion of its debt to banks, private power plants and the Iranian National Tax Administration over the past 12 months, the ministry's deputy for economic and…
Marun Petrochemical Complex in Mahshahr, Khuzestan Province, has recently launched a project to collect volatile organic compounds emissions from the surface of the evaporation ponds with the…
There is a meaningful gap between irrigation efficiency in Iran and that of other countries struggling with water paucity, the energy minister said.
From the beginning of the current water year (Sept. 23, 2022) to April 1, 2023, 21.5 billion cubic meters of water have entered Iran’s dams, indicating an increase of 16% compared with the same…
Goldman Sachs, an American multinational investment bank and financial services company, says crude oil production cuts by OPEC could result in a significantly larger deficit in the market,…
Gasoline consumption in Iran increased by over 5% during the Norouz (Iranian New Year) holiday season (March 21-April 2) compared with the same period of last year.
Natural gas consumption reached 242 billion cubic meters in the fiscal 2022-23, up 3 bcm compared to that of the previous year, the head of the National Iranian Gas Company…
The 12-month activity report of Bu Ali Sina Petrochemical Company in Mahshahr, Khuzestan Province, indicates an 85% increase in the company's income during last Iranian year (March 2022-23)…
The National Iranian Oil Company produced more crude oil in February than in the previous month, the latest monthly report by the International Energy Agency announced. The report shows Iran’s…
Oil prices surged on Monday, posting the biggest daily rise in nearly a year, after a surprise announcement by OPEC+ to cut more production rattled markets. Brent crude was trading at $83.89 a…
The plan to export gas to Oman will be implemented during the current Iranian year (started March 21) by constructing both onshore and offshore pipelines, managing director of Iranian Gas…
Prices of natural and liquefied gas feedstock delivered to the petrochemical sector will be calculated on the basis of rates in the Integrated Forex Deal System, locally known as Nima, a…
Gas production from the giant South Pars Gas Field’s Phase 11 will start this year, the managing director of the National Iranian Oil Company said.
About 33 gas- and steam-powered units in thermal power stations have been synchronized with the national power grid since 2021, director general of the planning office at the Thermal Power Plant…
The second phase of Abadan Oil Refinery’s expansion plan in Khuzestan Province, which was completed last week, will not only help improve environmental conditions but also increase the supply of…
Four more contracts have been signed between the head of the Oil Industry Innovation and Technology Park representing the National Iranian Oil Company and the representative of four knowledge-…
Oil prices rebounded more than 1% on Wednesday, recovering from the previous day's fall, after OPEC's upwards revision for Chinese consumption offset bearish global investor sentiment trigged by…
Isfahan Oil Refinery in the central Isfahan Province has launched development plans to turn into a petro-refinery holding company and one of the plans is to become a major propylene producer in…
The current daily consumption of compressed natural gas would have tripled over the last few years if policymakers had not failed to promote CNG-related schemes, a member of the CNG Trade Union…
The development of Danan Oilfield in Ilam Province is underway and so far the drilling of four wells out of 11 have been completed and the field’s production has increased to 14,000 barrels per…
The Iranian Gas Engineering and Development Company, a subsidiary of the National Iranian Gas Company, has extended the Iran Gas Trunkline (IGAT) by at least 1,000 kilometers in the last 11…
