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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February 15,2023OPEC expects a slightly tighter global oil market than previously forecast as the group nudged up its demand estimate and trimmed its supply outlook. -
February 15,2023The export of liquefied petroleum gas had a 120% growth during the first nine months of the current Iranian year (March-December 2022) compared with the same period of last year, a member of the...
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February 15,2023Oil prices extend losses on Wednesday as a much bigger-than-expected surge in the US crude inventories and expectations of further interest rate hikes sparked concerns over the prospect of weaker...
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February 15,2023The project to transfer treated wastewater from Bojnourd County in North Khorasan Province to Khorasan Petrochemical Company will be completed by the end of September. The petrochemical company...
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February 15,2023A group of researchers at Khajeh Nasir Toosi University of Technology in Tehran has indigenized electric submersible pumps (ESPs) that will help raise crude output in Iran’s oilfields, the head of...
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February 14,2023The first well in the development plan of Maroun 1 and 4 oilfields has started production, the head of the North Drilling Company of Iran said. “The well has a production capacity of 1,500 barrels...
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February 14,2023To help meet domestic power demand, electricity exports to neighboring states, including Iraq, Afghanistan, Pakistan and Azerbaijan, have been reduced by 40%, the spokesman of the power industry...
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February 14,2023Projects are underway to increase Iran’s gas production by 50% until 2028, the managing director of the National Iranian Oil Company said. “With the implementation of these projects, the country's...
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February 14,2023The development of the Yadavaran joint oilfield is expected to resume in the next Iranian year (March 2023-24) with a credit line of $400 million, the director of the development project said.
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February 14,2023In order to alleviate water stress in Isfahan Province, the project to transfer water from the Sea of Oman to the tourist province is in its preliminary stages, Isfahan’s governor general said. “...
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February 14,2023Oil prices eased around 1% on Monday after rising in the previous session, as investors focused on short-term demand concerns stemming from crucial upcoming US inflation data and refinery...
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February 14,2023Selling natural gas as feedstock to methanol companies at unreasonably high prices ($1.7 per cubic meter) has minimized their profit margin and pushed them to the brink of bankruptcy, the head of...
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February 12,2023The first gas-powered unit of Mobarakeh Steel Company’s combined-cycle power plant will be connected to the national grid in March, the head of power projects in the largest steel company of Iran...
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February 12,2023Urmia Lake holds 1 billion cubic meters of water, which is 32 bcm lower compared to 1996 when it stored 33 bcm, an environment and water expert said. “The lake is in its most deplorable condition...
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February 12,2023The executive operation of the carbon dioxide recycling project at Fanavaran Petrochemical Company in Khuzestan Province has started last weekend. Iran’s largest environmental project in the field...
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February 11,2023Two gas-powered units of Mahtab Kavir combined-cycle power plant in Zarand County, Kerman Province, were synchronized with the national grid on Thursday, the Thermal Power Plants Holding Company’s...
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February 11,2023The executive operation of a project to transfer water to Jiroft and Anbarabad cities in Kerman Province from the Jiroft Dam started on Feb. 9. The project is expected to be completed in three...
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February 11,2023The National Iranian South Oil Company (as the employer), the Oil Industry Pension Fund Investment Company (as the contractor) and Iran Liquefied Natural Gas Company (as the operator) have signed...
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February 08,2023The production capacity of South Pars fourth refinery will increase in the near future, the director of the refinery said. Noting that the rise in output has been planned to prevent gas shortage...
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February 08,2023Iran's gas export to Iraq, which was halted for about two weeks, has been resumed, the head of dispatching operations at the National Iranian Gas Company said. “The halt of export to the...
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February 08,2023Oil prices were little changed on Wednesday amid subdued movements in the dollar, and as investors waited for more inventory data for more clues on demand trends.
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February 08,2023Tapping into the huge offshore and onshore oil and gas reserves to ensure energy security requires not only massive investment, but also cutting-edge technology, neither of which is available in...
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February 07,2023About 60% of the drilling rigs of the National Iranian Drilling Company need to be upgraded, the vice president of NIDC said. “The NIDC has 73 drilling rigs that are operating in different regions...
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February 07,2023Snow cover in Iran’s six catchment areas has risen by 5% between January and February, compared with the same period of last year. According to data from the National Center for Drought and Crisis...
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February 07,2023OPEC’s top official said he sees a “more upbeat” economic outlook as China reopens after several years of virus restrictions.
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