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 13,2022Heavy crude refining capacity in Arvandan Oil and Gas Company, a subsidiary of the National Iranian Oil Company, has reached 165,000 barrels per day, up 18% compared to 10 months ago, managing... -
August 13,2022Oil prices increased on Friday, with benchmark contracts headed for a weekly climb as recession fears ease, though an uncertain demand outlook capped gains.
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August 13,2022Afghanistan’s officials have agreed to release Iran's fair water share from Hirmand (known as Helmand in Afghanistan) River, a joint water resource blocked by the neighboring state. Energy...
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August 13,2022A total of 58,000 villages in Iran have access to electricity, which means 99.7% of rural regions are connected to the power grid, the head of Iran Power Generation, Distribution and Transmission...
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August 10,2022A total of 5,000 five-kilowatt solar power plants will be installed in Sistan-Baluchestan Province by the end of the current Iranian year (March 2023), managing director of the provincial Electric...
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August 10,2022OPEC and its nine allies posted their highest monthly crude oil production rise in five months ending July, led by gains in Saudi Arabia and Kazakhstan, the latest Platts survey by S&P Global...
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August 10,2022Settling conflicts concerning cross-border resources with Turkey is only feasible through diplomatic channels, a member of Iran Water Industry Federation, a privately-owned organization, said. “...
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August 10,2022Oil prices eased on Wednesday after industry data showed US crude inventories unexpectedly rose last week, signaling a potential hiccup in demand, though concerns over supply kept losses in check...
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August 09,2022Combined heat and power plants with a capacity of generating 1,145 megawatts are operational in industrial towns across Iran, the head of Iran Small Industries and Industrial Parks Organization...
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August 09,2022The Iraqi Ministry of Electricity says it is in talks with Iran to increase natural gas imports from its eastern neighbor. According to Ahmed al-Ebadi, a ministry spokesman, the volume of gas...
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August 09,2022The construction of a polyvinyl chloride (PVC) unit, with a production capacity of 300,000 tons a year, at the Arvand Petrochemical Company in Mahshahr, Khuzestan Province, is making headway,...
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August 09,2022Goldman Sachs said the case for higher oil prices was still strong with current supply shortfalls well above its expectations in recent months, despite a recent retreat led by factors including...
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August 08,2022The first power plant constructed with the investment of industries has been connected to the national power grid, a deputy managing director of Iran Power Generation, Distribution and Transmission...
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August 08,2022Gachsaran Petrochemical Plant in Kohgilouyeh-Boyerahmad Province is in its final stages of construction by Iranian experts and engineers, with help from knowledge-based companies, managing director...
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August 08,2022Oil prices bounced higher from multi-month lows on Monday, as investors' appetite improved following data on US jobs and Chinese exports that eased recession concerns.
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August 08,2022More than 500 knowledge-based firms are active in oil, gas and petrochemical sectors, of which 50 are capable of competing with foreign brands and their goods and technical services are sold in...
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August 03,2022Bidbland Gas Refining Company increased its gas processing during the first quarter of the current Iranian year (March 21-June 21) by 67% compared with the same period of last year, managing...
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August 03,2022Oil prices fell about 1% in early trade on Wednesday before paring some losses, ahead of a meeting of OPEC+ producers on fears of a slowdown in global growth hitting fuel demand and a firmer dollar...
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August 03,2022Over 911,000 cubic meters of Karkheh River in the southern Khuzestan Province have been dredged since the beginning of the current fiscal year (March 21) not only to help prevent potential flooding...
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August 03,2022The National Iranian Oil Company’s gasoline export revenues reached $32 million between March 21 and April 20. According to the Islamic Republic of Iran Customs Administration's Statistics Office...
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August 02,2022Isfahan Refinery’s net profit surpassed $433 million in the first quarter of the current Iranian year (March 21-June 21) compared with the same period of last year, the financial manager of Isfahan...
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August 02,2022The first phase of a plan to transfer reclaimed sewage from Tabriz wastewater treatment plant to Urmia Lake has become operational, the governor general of East Azarbaijan Province said. “The...
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August 02,2022A total of 95 water desalination plants with an aggregate capacity of 634,000 cubic meters per day are either operational or being built across the country, the head of the Department of Financial...
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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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August 02,2022Oil prices dropped on Monday, as weak manufacturing data from China and Japan for July weighed on demand outlook, while investors braced for this week's meeting of officials from OPEC and other top...
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