The state-run Iran Power Generation, Distribution and Transmission Company (Tavanir) says the national grid cannot take a load higher than 60 gigawatts. According to Bargh News website, if…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Construction of the first coal-fired power plant in Iran has registered 70% progress, the Energy Ministry news website Paven reported. Located near the city of Tabas in South Khorasan Province…
The 55 petrochemical companies in Iran produced 31 million tons of products in the last fiscal (ended in March) and exports generated $9.5 billion, managing director of National Petrochemical…
Not even a full month into OPEC’s deep production cut agreement, rumors have already surfaced that there is a difference of opinion over a possible extension of the oil production cuts—as usual…
Close to 80,000 cubic meters of industrial and municipal effluent flows into the world famous Karoun River in Ahvaz, Khuzestan Province, every day, head of the provincial branch of Department of…
The National Iranian Gas Company has officially notified Turkey's Botas, the gas importing company, about its lack of cooperation regarding resumption of natural gas import from Iran that was…
Tehran hydroelectric power plants are willing and able to support the national electricity grid if needed in the peak of summer when electricity consumption jumps, head of hydropower…
Working from home has become the norm, and if the trend continues even after the pandemic abates, it could pose a big risk for oil, analysts are warning.
Higher precipitation in recent weeks has filled 70% of the capacity of dams in Iran, the Energy Minister said. Dams collectively can hold over 50 billion cubic meters of water. Now 35 bcm is…
Power consumption exceeded 50,000 megawatts on May 27, up 2,200 MW from the day before and about 3,000 MW higher compared to the same day of last year, the Energy Ministry’s spokesman for the…
Crude oil futures traded lower in mid-morning trade in Asia Wednesday, stepping back from a 10-week high hit overnight, on growing geopolitical tensions between the US and China. Brent July…
Global energy investment is expected to plunge by around 20% or $400 billion in 2020, its biggest fall on record, because of the new coronavirus outbreak, the International Energy Agency said on…
Iran Power Generation, Distribution and Transmission Company (Tavanir) says a plan to replace one million old (gas-powered) air conditioners with energy efficient ACs will be carried out in…
As the Covid-19 pandemic spreads death and destruction across the planet, it has had a positive effect on the marine ecosystem in the Caspian Sea, head of the Department of Environment branch in…
President Hassan Rouhani urged Switzerland to improve the efficiency of a financial mechanism it has established for trade with Iran so that Tehran can unlock part of its frozen overseas assets…
Construction of a 50-kilometer pipeline from Karoun River to Gheyzaniyeh district in Ahvaz, Khuzestan Province, will end in June, a deputy head of provincial Rural Water and Wastewater Company…
An estimated $1 billon is invested in power sector per annum, but to meet growing demand in coming years this should at the least double, the Energy Ministry spokesman for the power department…
Global oil consumption has not peaked, the head of the International Energy Agency warned, throwing cold water on hopes the coronavirus will cap demand and reduce climate-changing emissions.
The Oil Ministry will suspend exporting gas condensates and instead refine it domestically in petrochemical plants and refineries to produce value-added goods including gasoline and naphtha, the…
An Iranian tanker carrying gasoline has arrived over the weekend in Venezuelan territorial waters as the country deals with severe fuel shortages and US sanctions. The clean tanker Fortune --…
A private knowledge-based company has indigenized the know-how to produce special ceramic used in gas turbine combustion chambers (combustor), IRNA reported. Atlas Ceram Kavir Company has…
The government has banned the transit of gasoline, diesel and other petroleum products to neighboring countries until the end of the current year (March 2021). “The decision is in the interest…
Russian President Vladimir Putin gave his government until June 15 to come up with a plan to support the country’s oil industry while output is slashed under an agreement among the world’s main…
Oil fell over 5% on Friday towards $34 a barrel as tensions rose between the United States and China, and doubts grew about the pace of demand recovery from the coronavirus crisis.
Installation work on the first wellhead jacket of South Pars Gas Field Phase 11 in the Persian Gulf started Thursday. The jacket of Platform B of Phase 11, which was hauled from Qeshm Island on…
