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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August 02,2022To increase heavy crude processing capacity, the Oil Ministry and a group of banks and private sector firms have signed memoranda of understanding worth $17.8 billion to build two refining... -
August 02,2022Iranian experts and engineers have gained the knowhow of producing a special kind of drill bits used in the oil industry, said the director of Mechanical Engineering Research Group at the...
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July 31,2022Operations to complete two storage tanks and a jetty for loading and exporting sulfur from Siraf Pars Port on the Persian Gulf coast are underway, the National Iranian Oil Company’s director for...
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July 31,2022More than 28 industrial and production units in urban and rural areas of Ilam Province were supplied with natural gas during spring, the head of Ilam Gas Company said. “About 1,600 meters of gas...
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July 30,2022Cracks have appeared in a tunnel that was slated to transfer water from Kanisib Dam in Piranshahr, West Azarbaijan Province, to Urmia Lake, the head of Iran Water and Power Resources Development...
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July 30,2022Unprecedented torrential rainfall in the past few days in several provinces, including Tehran, Alborz, Markazi, Isfahan, Fars, Hormozgan, Sistan-Baluchestan, Yazd and Chaharmahal-Bakhtiari, has...
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July 30,2022The mercaptan unit of South Pars Phase 1 Refinery has produced 1,400 tons of the odorant and plans are underway to increase the yearly output, the manager of the refinery said. “The unit is the...
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July 29,2022The revival of abandoned oil and gas wells in Iran by tapping into cutting-edge knowledge of startups can help reduce production costs by 90%, the head of the Oil Industry Technology and Innovation...
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July 29,2022The second dry cooling tower of Shahid Mofatteh Power Plant in Hamedan Province has made 60% progress and is expected to become operational in the current fiscal year (March 2022-23). Energy...
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July 29,2022Oil prices rose in European trading on Friday as attention turned to next week's OPEC+ meeting and expectations that it will dash US hopes for a supply boost.
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July 29,2022Iran’s gas export earned $4 billion in the first four months of the current Iranian year (March 21—July 22), which is equals to the revenues earned throughout last year, the oil minister said. “In...
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July 27,2022To help stabilize electricity supply in Ahvaz, Khuzestan Province, 36 transformers were installed throughout the city, managing director of the provincial power company said. "The equipment cost $...
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July 27,2022Five government departments have signed a memorandum of understanding on Monday to build 550,000 small-scale solar generators in rural and across Iran within five years. According to the plan,...
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July 27,2022Iranians used an average of 101 million liters per day of gasoline between March and June, up 16% compared with the corresponding period of last fiscal year, deputy manager for planning at the...
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July 27,2022Oil prices held steady on Wednesday as concerns about weaker demand offset industry data that showed a larger-than-expected drawdown in US crude stockpiles.
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July 26,2022Power generation at Manjil Wind Farm in Gilan Province during the fourth month of the current Iranian year (June 22-July 22) increased by 2,800 megawatt hours compared to the previous month, a...
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July 26,2022The Persian Gulf Petrochemical Industries Company is ready to cooperate with leading German companies in chemical and petrochemical industries, managing director of PGPIC said. Abdolali Ali-Askari...
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July 26,2022The oil and gas sectors are among the most lucrative industries for investment in Iran, considering the country’s potential, but pinning all hopes on Russian firms is not a wise policy, a prominent...
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July 25,2022Oil prices dropped on Monday, extending a recent losing streak on concerns that an expected rise in US interest rates would weaken fuel demand.
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July 25,2022Pars Oil and Gas Company is carrying out exploration in the Persian Gulf for new oil and gas fields. “Out of four exploratory operations planned till today, two have finished their initial stages...
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July 25,2022Although the conversion of single-cycle power plants (gas-powered) into combined cycles can help significantly raise efficiency, the severity of water shortage in Iran will scuttle such plans, a...
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July 25,2022The 16th Iran Plast International Exhibition will be held on Sept. 21-24 at the Tehran International Exhibition Center with the participation of local and foreign companies. Iran Plast is a great...
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July 24,2022The construction of Mehr Persian Gulf Petro-Refinery in Hormozgan Province has registered 45% progress, the project manager said. “The petro-refinery, which has been under construction by Iranian...
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July 24,2022As long as electricity demand is not managed sustainably, other strategies on the supply side, namely construction of power stations and import of electricity, will be futile, a professor at the...
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July 23,2022In a push toward achieving carbon neutrality, President Ebrahim Raisi officially inaugurated Iran’s first photovoltaic cell and panel manufacturing company in Khomein County, Markazi Province....
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