Fath-27 drilling rig has recently started drilling operations in the Sepehr and Jufair oilfields in Khuzestan Province, as the fourth rig employed in the development project of the field.
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
With the decline in temperature across Iran in the past few days, gas consumption in households has set a record high at the weekend, the oil minister said. “Domestic gas consumption surpassed…
Crude oil prices crumbled on Wednesday after the International Energy Agency and OPEC warned of impending oversupply and as Covid-19 cases in Europe increased the downside risks to demand…
The completion of five wastewater treatment plants in Kermanshah Province needs over $4.8 million, managing director of the provincial Water and Wastewater Company said.
A transition to renewables is underway across the world to address climate change and natural gas as an indispensable part of the global energy mix, as it can play a key role to help the world…
The gas unit of Dokouheh Power Plant is expected to come on stream in the spring of the next Iranian year (starting March 21, 2022), the deputy of projects development at the Thermal Power…
The water stored in Sefidrud Dam in Gilan Province has decreased by 50% compared with the same period of last year, director of operation and maintenance of water and hydroelectric facilities at…
Over 155 million kilowatts of electricity were generated via renewable energy sources in the first month of fall in Iran (Sept. 23-Oct. 22). If this volume was produced by thermal power plants…
The secretary-general of oil producer group OPEC has said the 2021 United Nations Climate Change Conference (COP26) in Glasgow, Scotland, was “definitely a wakeup call”.
Land subsidence caused by the substantial decline in groundwater resources is expanding in Isfahan Province and has reached a critical juncture in some parts of the region, a lawmaker from the…
Two earthquakes with magnitudes 6.4 and 6.3, which hit the southern province of Hormozgan on Sunday, have not damaged oil and gas facilities in the region that is home to several hydrocarbon…
As long as the lion’s share of Khuzestan Province’s electricity needs are met by hydroelectric dams, the region will continue to grapple with power shortage, a deputy energy minister said.
Thermal power plants have indigenized over 80% of their parts and equipment, director general of the Technology and Indigenization of Power Plants Office at the Thermal Power Plants Holding…
Wind farm construction projects have nearly come to a halt all over Iran, as the much-needed turbines cannot be imported due to US sanctions, a member of Iran Renewable Energy Association said…
Iran will invest around $11 billion on its offshore gas fields to raise gas production by 240 million cubic meters per day, managing director of the National Iranian Oil Company said. “The…
The construction of Khersan 3 Dam in Lordegan County, Chaharmahal-Bakhtiari Province, has recently been resumed after two years, Lordegan’s governor said on Saturday.
The National Iranian Gas Company has no plans to hike natural gas tariffs, but heavy consumers in the household sector will be imposed a surcharge as of Nov. 22, the oil minister said.
The drilling 10 deep-water wells is one of the programs for supplying drinking water to cities and villages in Sistan-Baluchestan Province, the deputy governor of the province said on Saturday…
The production capacity of small-scale power plants with distributed generation system has reached a record high of 1,100 megawatts at the peak of consumption this summer, managing director of…
Iran's petrochemical exports in the first half of the current fiscal year (March 21-Sept. 22) increased by 94%, the National Petrochemical Company’s director for planning and development said…
Oil prices fell on Friday, wiping out gains from the previous session, as the dollar continued to gain on bets the US central bank will bring forward plans to raise rates to tame inflation.
Naft-Shahr Oilfield development project has made 75% progress and is in its final stages, portfolio manager at Iranian Central Oilfields Company said.
OPEC+ needs to be careful in implementing its policy because it needs to balance the market amid forecasts of softening demand in the first quarter of 2022, the UAE's energy minister said on Nov…
The 160-megawatt steam unit of Khorramabad Combined Cycle Power Plant will come on stream next year to help improve power supply in Lorestan Province, managing director of Iran’s Thermal Power…
Natural gas price hike in the household sector by 150% can help reduce demand by at least 10%, the head of Research and Development Department in the National Iranian Gas Company said.
