Sanction-hit Russia's refined product exports to Africa have skyrocketed since the invasion of Ukraine, increasing 14-fold in just over a year, following a diplomatic onslaught on the continent…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
The Eighth OPEC International Seminar, themed ‘Towards a Sustainable and Inclusive Energy Transition’, opened in Vienna, Austria. The seminar is one of the premier events in the energy industry…
All the cities of Kermanshah Province will be connected to the gas grid before the end of the current Iranian year (March 2024), the head of the provincial gas company said.
The net profit of Fanavaran Petrochemical Company in Khuzestan Province increased by 53% in the last Iranian year (March 2022-023) compared to the previous year, the managing director of the…
Kuwait’s claims that it enjoys "full rights" along with Saudi Arabia to Arash Gas Field in the Persian Gulf, aka al-Durra field, by the two Arab countries, are totally unfounded, a senior energy…
Britain will require supermarkets and retailers to give drivers access to live fuel prices at every gas tation on their phones or satnavs after the country's antitrust regulator said competition…
Indian refiners have begun paying for some oil imports from Russia in Chinese yuan, sources with direct knowledge of the matter said, as Western sanctions force Moscow and its customers to find…
The climate agenda of US President Joe Biden’s administration is facing an unexpected challenge in drought-prone Corpus Christi, Texas, where a proposed clean hydrogen hub would require the…
The profit of Bu Ali Sina Petrochemical Company in Mahshahr, Khuzestan Province, doubled in the last Iranian year (March 2022-23) compared to the previous year, the managing director of the…
The third phase of the Urmia Wastewater Treatment Plant and the water transmission line to Urmia Lake were launched on Tuesday. Costing more than $4.4 million, the third phase treats 60,000…
Iran’s natural gas exports witnessed an 11% growth in the fiscal year 2022 compared to the corresponding period of 2021. According to the statistical review of world energy report issued by the…
Asian refiners expect Saudi Arabia to lower prices for crude supply to the region in August, a Reuters survey showed, even as the top oil exporter pledged to deepen production cuts in July as…
Oil slipped on Monday as concerns about a global economic slowdown and possible further interest rate hikes from the US Federal Reserve weighed on prices, offsetting forecasts of tighter…
Oil and gas companies have intensified the hunt for new deposits in a long-term bet on demand, as they reinvest some of the record profits from the fossil fuel price surge driven by the Ukraine…
The construction of Alay Mahestan Petrochemical Company in Asalouyeh has registered 30% progress, the head of the Board of Directors at the Oil Industry Pension Funds said.
Plans are underway in the refining industry to increase the daily production of petroleum products so that about 130 million liters per day of gasoline and diesel each will be produced by March…
Electricity supplies to steel mills have shot up by at least 30% over the last two months compared to the same period of a year ago. Energy Minister Ali Akbar Mehrabian made the statement while…
Smart fuel cards should be replaced with bank cards, as the electronic fuel card hardware system imposes high expenses on the government, while vehicle owners have to spend millions of dollars…
To help Chadormalu Mining and Industrial Company generate its own electricity, the company has signed a contract with the state-owned Renewable Energy and Energy Efficiency Organization,…
The United Nations Development Program has hailed its partnership with China in promoting the affordable renewable energy in the Global South, highlighting a project with Ethiopia that seeks to…
A French company called Airseas, formed in 2016, has created Seawing, a kite that can propel a cargo ship. The kite will fly 200 meters above sea level. This technology could assist cargo…
Novatek’s first floating transfer hub for liquefied natural gas, Saam FSU, has arrived in the narrow inlet of Ura Guba in the Russian Arctic after a four-month journey under tow from Okpo, South…
Since the beginning of summer and the rise in power consumption, electricity used by households has increased by 4% compared to last year and this trend is expected to continue with the rise in…
The Danish company Vestas has won an order for 151 MW for several wind farms in Spain. The contract includes the supply and installation of 26 V136-4.5 MW wind turbines, three V163-4.5 MW…
The production of equipment to generate electricity in thermal power plants has experienced a substantial growth in 2022, the head of Turbine and Electric Generators’ Manufacturing Association…
