Measures are being taken to generate 7,500 megawatts from solar, wind, geothermal and biomass renewable power plants by 2030 so that Iran can meet its obligations under the Paris Agreement on…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Russia has been in talks over buying oil from Iran, Energy Minister Alexander Novak said on Monday, confirming earlier reports.
Oil prices rose on Monday as investors showed record confidence in prices rising further, though gains were capped by the prospect of faster growth in US oil production. Brent crude oil rose 52…
German companies can play a central role in Iran's water and wastewater projects, the managing director of National Water and Wastewater Engineering Company said.
The exact dollar value of Saudi Aramco may be up for debate, but the listing of the world’s biggest company will be priceless for the kingdom’s markets. The highly-anticipated share sale has…
In line with policies to curb air pollution, improve efficiency of power plants and reduce dependence on hydrocarbon resources, plans are underway to convert gas-powered power plants into combined…
Natural gas production from South Pars Gas Field in the first eleven months of the 2016-17 fiscal reached more than 132 billion cubic meters, of which 111 bcm were injected into the national gas…
Foreign companies should seize the opportunity for collaboration and investment in the country's petrochemical sector, Marzieh Shahdaei, head of the National Petrochemical Company, said on Sunday…
Oil prices fell about 1% on Friday as worries about rising US supplies outweighed OPEC pledges to boost compliance with output curbs.
But crude prices were on track for a weekly rise as…
UK production of crude oil and natural gas liquids increased by 4.8% on the year in 2016, the second annual rise in a row, the UK Department for Business, Energy and Industrial Strategy said in…
Parliament on Saturday ratified a law that allows the government to issue bonds in the next fiscal year for developing major oil and gas projects.
EU environment ministers are bracing for a tough debate on Tuesday to find a compromise on reforms to the carbon market, EU sources said, with nations split over how to balance climate ambitions…
The total value of power projects in the pipeline in (Persian) Gulf Cooperation Council states stands at more than $320 billion at present, of which over $100 billion are linked to the renewable…
Operations are underway to install Iran's first floating production, storage and offloading vessel, named FPSO Cyrus, at the offshore crude oil layer of South Pars, the giant gas field that is…
The National Iranian Oil Company exported 24 million barrels of gas condensates in January to Asian and European buyers -- the outbound volume being over and above the average figures seen during…
Four bombs went off on Saturday near a minor pipeline from an oilfield close to the northern Iraqi city of Kirkuk, security and oil industry sources said.
Iran said on Thursday an increase in oil prices to more than $55 per barrel was not in the interest of OPEC as it would lead to a rise in output by non-OPEC producers.
Capturing and recycling the waste heat in thermal power plants can raise Iran's electricity generation capacity from installed power stations by 3,500 megawatts, head of Iran's Energy Efficiency…
Germany's BASF, the world's largest chemical company, said it was in talks with Iran over a possible investment of its oil and gas division in the country but no decision was on the cards because…
Iran is hard at work gaining a foothold in the global energy market, and it is not letting US President Donald Trump’s confrontational tone stop it from trying.
Political rhetoric is…
Export of petroleum products rose to record levels in the first 10 months of the current fiscal year that ends in March, said the managing director of the National Iranian Oil Refining and…
President Hassan Rouhani in Khuzestan Province Thursday inspected a major environmental project, known as AMAK, which is designed to collect high volumes of associated petroleum gases (APG) that…
Producers and traders shipped out 1.21 million barrels of crude a day from the US in the week that ended February 17, the most in Energy Information Administration data going back to 1993.…
Constant government intervention in Britain's energy sector has led to a complex system of subsidies and an uncompetitive market that fails to deliver low-cost and secure electricity, a report by…
Saudi Arabian Oil Co., gearing up for what may be the world’s biggest initial public offering, is considering discounted shares for local investors, according to people with knowledge of the…
