New Zealanders lined up at gas stations this week to get the last pump of government fuel discount, as the subsidy ended on Friday after 15 months. The full fuel tax was reintroduced on…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Italy aims to generate nearly two-thirds of its electricity from renewable energy sources by the end of the decade, the energy ministry said on Friday, slightly improving targets made public…
The construction of Sarperi Dam in Kohgilouyeh-Boyerahmad Province has gained momentum after a gap of years, the provincial governor said. The project to build the dam in the southwestern…
Car manufacturers are the main culprit behind the wastage of precious gasoline in Iran, the deputy director of the National Iranian Oil Refining and Distribution Company said.
A 16-megawatt wind turbine – the world’s largest – is now in place off the southeastern coast of China. Developer China Three Gorges (CTG) Corporation and wind turbine maker Goldwind have…
Oil prices edged higher on Friday, with Brent poised for its first monthly gain this year, as a big drawdown in US oil stocks outweighed concerns that fuel demand will be dented further by more…
The head of the International Atomic Energy Agency will visit Japan on Tuesday to assess the country's plan to release treated radioactive water from the crippled Fukushima Daiichi nuclear power…
To address its ballooning budget deficit, the government has decided to raise petrochemical feedstock prices by at least 80%, the secretary-general of the Association of Petrochemical…
A total of 12 water and power projects worth more than $300 million were launched in Kerman Province on Friday. Among the inaugurated projects were the first phase of the water treatment plant…
Iran's Offshore Engineering and Construction Company has installed the first offshore platform for Phase 11 of South Pars Gas Field in the Persian Gulf, the managing director of Pars Oil and Gas…
Saudi Arabia’s state-owned oil giant Aramco is bullish on oil markets for the rest of 2023, as demand from major importers China and India is expected to be strong despite an expected global…
The drilling of 26 oil wells was completed by the National Iranian Drilling Company in the first quarter of the current Iranian year (March 21-June 21), NIDC’s deputy for drilling operations…
Malaysia's state energy firm Petronas sees its domestic oil and gas production peaking at about 2 million barrels of oil equivalent per day (boepd) by 2024, its exploration executive said on…
By the end of the current Iranian year (March 2024), 2 million high-consuming subscribers will be equipped with smart electricity meters, with priority given to commercial, household and…
Five activist groups have sued French oil major TotalEnergies for a second time over its projects in Uganda and Tanzania in a Paris civil court, they said on Tuesday, after an earlier fast-track…
Overpopulation in Tehran Province has already strained limited water resources and population growth will be a recipe for disaster, the head of the state-owned Tehran Province Water and…
Oil prices rose on Monday after a revolt by Russian mercenaries over the weekend raised concerns about political instability in Russia and the potential impact on oil supply from one of the…
Global oil market fundamentals are expected to remain sound for the rest of the year, underpinned by healthy demand in developing countries, especially in China and India, Saudi Aramco CEO Amin…
About 4.3 billion liters of liquid fuel have been stored in the storage tanks of power plants across the country for meeting the peak demand of electricity consumption in the summer, as well as…
Global energy demand rose 1% last year and record renewables growth did nothing to shift the dominance of fossil fuels, which still accounted for 82% of supply, the industry's Statistical Review…
Chronic water outages in and around the city of Kerman in Kerman Province, which has made life miserable in vast areas over the last few days, will end when deep-…
Attempts are underway to start the export of products by petrochemical companies based in Mokran Petrochemical Town in Chabahar County, Sistan-Baluchetan Province, to international markets…
A Sweden-based company that develops deepwater wind power projects has joined hands with a global renewable energy group to develop an offshore wind farm that could feature turbines as large as…
The thermal power plants across Iran produced more than 80 million megawatt/hours of electricity during the first quarter of the current Iranian year (March 21-June 21), said a deputy manager at…
Higher seaborne crude oil flows are up 8.5% during the first five months of 2023, with China, the EU and India, all posting higher imports. In its latest weekly report, shipbroker…
