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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January 04,2019National Petrochemical Company output will increase 40% by 2021, Behzad Mohammadi, the new head of the company said Saturday. "The present annual production is 54 million tons and is programmed to... -
January 04,2019Households consumed a whopping 480 million cubic meters of natural gas in one day (Thursday) as the cold weather continued to sweep across the country, spokesman of the National Iranian Gas Company...
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January 04,2019Two third-generation nuclear power reactors will begin operation this year in Finland and France, after years of delays and budget overruns, S&P Platts’ reported.
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January 04,2019The National Iranian South Oil Company will finalize production, maintenance and enhancement contracts by the end of the current fiscal in March and contractors will start work on 14 major...
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January 04,2019The share of renewable energy in Mongolia's total electricity production has reached a record high in 2018, local media reported Monday.
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January 04,2019Talks to develop Farzad B gas field in the Persian Gulf are underway between Iran and India, but no decision has yet been taken, India’s outgoing ambassador to Tehran Saurabh Kumar said Wednesday...
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January 02,2019Diverting water from the Caspian Sea to the drought-stricken Semnan Province in north central Iran, which is seen by many experts as a highly contentious issue, would cost between 70 cents and 90...
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January 02,2019If OPEC does not follow through with its commitment to reduce oil production throughout this year, Brent crude prices could struggle to rise, according to J.P. Morgan’s head of Asia Pacific oil and...
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January 02,2019Installed capacity of power plants in Sistan and Baluchestan Province will double to reach 2,685 megawatts in two years, the Energy Minister said Tuesday at a meeting with officials in Zahedan, the...
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January 02,2019Iraq’s oil exports averaged 3.726 million barrels per day in December, a significant increase from the previous month, the oil ministry said on Wednesday.
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January 02,2019Export from Khorasan Petrochemical Company increased by 12% in the first nine months of the current fiscal (March-December) compared to the corresponding period last year, the managing director...
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January 02,2019India’s biggest refiner Indian Oil Corp Ltd said Wednesday that Iran may still invest in a refinery expansion project at one of its subsidiaries.
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January 01,2019Crude oil prices look likely to trade below $70 per barrel in 2019 as surplus production, much of it from the United States, and slowing economic growth undermine OPEC-led efforts to shore up the...
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January 01,2019The exploration arm of National Iranian Oil Company has been authorized by the Oil Ministry to start the second phase of studies on unconventional hydrocarbon basins, head of the R&D department...
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January 01,2019Malaysia's state-run oil and gas company Petronas has completed the acquisition of a 10% stake in a gas field in onshore Oman from Oman Oil Co Exploration & Production.
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January 01,2019Chinese state-owned oil major Sinopec sank as much as 5% in stock markets last week following reports of massive losses from petroleum contracts and the suspension of two executives.
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January 01,2019Islamabad is willing to renew its electricity import deal with Tehran. Omar Ayub Khan, the water and power minister, made the statement on Tuesday in Islamabad in a meeting with Iran's ambassador,...
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December 31,2018Energy Minister Reza Ardakanian said 40 large projects related to urban and rural water and wastewater expansion will go on stream in February. The total urban population has access to potable...
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December 31,2018Oil prices rose about 2% on the final day of the year on Monday, mirroring gains in stock markets, but were on track for the first annual decline in three years amid lingering concerns of a...
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December 31,2018Phase 3 of the Persian Gulf Star Refinery in Bandar Abbas in southern Hormozgan Province is fully operational and its production will stabilize by March, Oil Minister Bijan Namdar Zanganeh said on...
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December 31,2018Water and electricity are indispensible parts of security in today's world and explains why pragmatic approaches to minimize waste must be given top priority. President Hassan Rouhani made the...
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December 30,2018Iraqi Oil Minister Thamir Ghadhban has said progress has been made on a multi-billion dollar infrastructure project in the south of the country that has been negotiated since 2015 with ExxonMobil...
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December 30,2018US crude exports to Europe fell to an 11-month low this month as a shrinking discount and rising shipping costs squeezed demand for US barrels, according to Refinitiv Eikon data and analysts.
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December 30,2018Close to 2.67 billion kilowatt hours of electricity was generated from alternative energy sources over nine years, reducing water and fossil fuel consumption. This volume of clean energy was...
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December 29,2018Forecasting the future of the oil market is crucial, especially for countries where oil export is the lifeblood of the economy and budgets are constructed, deconstructed and reconstructed depending...
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