A contract has been signed between Iran and Russia, based on which 40 turbines manufactured domestically will be exported to Russia, managing director of Iranian Gas Engineering and Development…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Oil prices slid more than 1% on Monday after Chinese data showed that demand from the world's largest crude importer remained lackluster in September as strict Covid-19 policies and fuel export…
More than 2,300 billion cubic meters of natural gas have been processed in the refineries of the South Pars Gas Field since it became operational in 1998, managing director of South Pars Gas…
The National Iranian Oil Company will draw up contracts worth $500 million with knowledge-based firms to revive abandoned oil and gas wells, the oil minister said.
France is pulling out of a 1994 treaty that had the effect of protecting investment in fossil fuels as Europe retools toward a greener future, French President Emmanuel Macron said. “France has…
To improve water supply to rural areas, construction work has begun to build a desalination facility in Torgan District on Qeshm Island, Hormozgan Province, the head of the provincial Water and…
Economy Minister Ehsan Khandouzi on Saturday broke ground for a photovoltaic cell and panel manufacturing plant in Mahan County, Kerman Province. The initiative will be completed by the private…
All the urban and rural areas of Kermanshah Province will be connected to the national gas network by the end of the next Iranian year (March 2024), the head of the provincial gas company said…
Iran has more than 120 thermal power plants that account for about 0.1% of total annual water consumption, the head the Thermal Power Plant Holding Company said.
To complete the value chain in Jam Petrochemical Complex in the port city of Asalouyeh, Bushehr Province, the first phase of an ABS/rubber production unit has been launched, managing director of…
Only 12% of the water used in the northern Mazandaran Province is provided from surface water resources and 88% come from groundwater resources, which include 740 wells and 373 springs, managing…
The first phase of a project to build the Doroh Wind Power Plant in the central district of Sarbisheh County, South Khorasan Province, has registered a work-in-progress rate of 60%, but…
Since the beginning of the current Iranian year (March 21), the country's petrochemical companies have earned nearly $10 billion from the sale of their products to foreign countries, about 40%…
Oil slipped on Friday and was heading for a second weekly decline, as investors weighed the impact of sharp interest rate rises on energy consumption, offsetting hopes of higher Chinese demand…
Iran has traded 26 million tons of oil products worth $15 billion with other countries in the last six months, the head of the Board of Directors at the Iranian Oil, Gas and Petrochemical…
To bolster power supply, 100 development projects are underway to add 2,700 megawatts to the production capacity of distributed generation (DG) power stations. According to Energy Ministry data…
Measures have been taken to provide adequate fuel to different sectors in winter, the oil minister said.
About $13.7 billion have been invested in the construction of Mokran Petrochemical Complex in Chabahar, Sistan-Baluchestan Province, managing director of Negin Mokran Petrochemical Development…
Oil prices climbed on Wednesday, paring losses from the previous session, as investors jumped into riskier assets such as commodities amid gains in broader equity markets and on signs of renewed…
Tehran Municipality’s unwillingness to use treated wastewater for watering parks and green spaces is pushing the province over the edge, managing director of the provincial sewerage company said…
The sustainable supply of industrial and drinking water is one of the main goals of Khorasan Razavi Regional Water Company, which will be realized within four years, the company’s managing…
The National Iranian Oil Company has started swapping Russian petroleum products from Turkmenistan, managing director of the state-run firm said. "NIOC is receiving Russian oil byproduct…
Iran has started refining its crude oil in Venezuela, the oil minister announced on Sunday. “Iran has started processing nearly 100,000 barrels per day of its crude in Venezuela's El Palito…
Plans have been prepared to increase the power production capacity across the country until next summer when consumption will rise similar to previous years, director general of the planning…
OPEC+ member states lined up on to endorse a steep production cut agreed this month after the White House, stepping up a war of words with Riyadh, claimed Saudi Arabia had pushed some other…