Energy

iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.

  • Four water and electricity projects were launched in Yazd Province on Saturday including one electricity project in Abarkouh County and three water projects in Khatam, Meybod and Ardakan…

  • Turkey’s natural gas import from Iran declined by 31% in 2020 compared to a year ago. According to Barq News, the latest report issued by Ankara-based Energy Market Regulatory Authority (EMRA)…

  • Oil prices jumped more than $1 a barrel on Friday, hitting their highest levels in nearly 14 months, after OPEC and its allies agreed not to increase supply in April as they await a more…

  • The Majlis on Wednesday obliged the Central Bank of Iran to allocate $80 million for the electrification of agro wells. The CBI will make the funds available through commercial banks for the…

  • Demand for premium gasoline, marketed as ‘super’ in Iran declined 80% in the first 11 months of the current Persian calendar year that ends on March 20 compared to the same period last year,…

  • The daily water deficit in Zahedan, capital of Sistan-Baluchestan Province, is about 100,000 cubic meters, managing director of the provincial Water and Wastewater Company said. 

  • Oil prices rose on Wednesday, boosted by expectations that OPEC+ producers might decide against increasing output when they meet this week, while signs of progress in the coronavirus vaccine…

  • MAPNA Boiler Engineering and Manufacturing Company, a subsidiary of the engineering and energy giant MAPNA Group, has designed and manufactured vent silencers for thermal power plants. Experts…

  • Jam Polypropylene Company in Asalouyeh, Bushehr Province, has received Iran’s green industry award for the second consecutive year. The award, given annually by the Department of Environment,…

  • Twenty electricity and water projects costing over $23 million were launched in six provinces on Tuesday. Of the 20 projects, six projects were in Kermanshah, four were in Gilan, three in East…

  • Natural gas output capacity is expected to increase by 100 million cubic meters per day over the next four months, managing director of the National Iranian Gas Company said on Tuesday. "The…

  • The construction of Sirik Power Plant in Sirik County, Hormozgan Province, which is financed by Russia, will start soon, Energy Minister Reza Ardakanian said on Sunday.

  • Oil prices rose more than $1 on Monday, supported by optimism over Covid-19 vaccinations, a US stimulus package and growing factory activity in Europe despite restrictions imposed to curb the…

  • President Hassan Rouhani on Monday officially inaugurated oil and petrochemical projects valued at $2.7 billion in Ilam and Bushehr provinces via videoconference. Costing $1.7 billion, the…

  • The OPEC+ group of producers’ compliance with the oil output cuts in January hit 103%, higher than the estimated compliance in December.

  • To underpin the sustainable supply of feedstock to petrochemical plants, the first phase of a natural gas liquid (NGL) recovery plant became operational in Kangan Petro Refining Company (KPRC)…

  • Three petrochemical companies in southern Iran have been collaborating with domestic catalyst producers and knowledge-based firms to indigenize catalysts. Hengam Petrochemical Company on Hengam…

  • At least 200 big cities small towns are expected to face severe water tension between June and September, the deputy for supervisory affairs at the National Water and Wastewater Engineering…

  • The Renewable Energy and Energy Efficiency Organization (Satba) does all it can to remain abreast of global trends in reducing greenhouse gases and expand the renewable sector, a deputy energy…

  • Arya Sasol Polymer Company (ASPC) earned $620 million in sales in the first 11 months of the current Persian calendar year (March 2020-Feb 2021), which was up 95% compared to the same period…

  • Gradual power loss reduction in the distribution and transmission networks nationwide has helped the state-run Power Generation, Distribution and Transmission Company’s (Tavanir) save $2.5…

  • Oil prices fell on Friday as a collapse in bond prices led to gains in the US dollar and expectations grew that with oil prices back above pre-pandemic levels, more supply is likely to come back…

  • A new loading dock to export liquefied petroleum gas became operational in Tombak Port, 50 kilometers north of the port of Asalouyeh in Bushehr Province.

  • The steam unit of Chabahar Power Plant in Sistan-Baluchestan Province will come online by the end of spring. With the launch of the unit with 160 MW capacity, total capacity of the station in…

  • Construction of a 10 megawatt solar farm in Barzak City, Kashan County in Isfahan Province began on Sunday in the presence of the deputy energy minister, Homayoun Haeri. The farm will cost $7.3…