The United States is increasing its oil imports from Russia, according to a Bloomberg source, as US refineries clamor for more oil now that Venezuelan oil supplies have dried up. The amount of…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Second phase of the Tang Bijar Gas Field development project in western Ilam Province is good progress, the planning manager of state-owned Iranian Central Oil Fields Company said. "The second…
Export of petroleum products including mazut, diesel and gasoline to Afghanistan is continuing as planned, spokesman of the National Iranian Oil Products Distribution Company said Wednesday.…
1. Ardeshir Dadras, the head of Iran’s CNG Association: Iran accounts for $38 billion of the $350 billion worth of energy subsidies paid in the world [annually]. (IRNA) 2. Deputy Industries…
From easing the limits to ending the extreme throttling-back that has seen some countries exceed original cutback targets, Russia sees a range of options that would allow OPEC+ to continue…
United States Energy Secretary Rick Perry said on Tuesday that a sanctions bill putting onerous restrictions on companies involved in the Nord Stream 2 project would come in the “not too distant…
Soil, water and electricity projects in West Azarbaijan Province were inaugurated Tuesday in the presence of President Hassan Rouhani and Energy Minister Reza Ardakanian. The development plans…
Oil prices rose on Tuesday on escalating US-Iran tensions and amid expectations that producer club OPEC will continue to withhold supply this year. But gains were checked by concerns that a…
Compressed natural gas prices rose by 10% today (May 22). Ardeshir Dadras, head of Iran's CNG Association made the announcement Tuesday on the sidelines of a conference on the "CNG Industry…
Production at the giant Kashagan oilfield in Kazakhstan's sector of the Caspian Sea restarted Sunday following the completion of scheduled maintenance, a source with a partner in the field's…
Close to 520 kilometers of high-pressure gas pipes are being laid in Zahedan, Sistan-Baluchestan Province, managing director of the Khorasan Razavi Province Gas Company said. "The project is…
Rehabilitation of Tehran's ageing power infrastructure is underway and several substations have been repaired or replaced, managing director of Tehran Regional Electricity Company said.
In a bid to improve energy efficiency and help protect the environment, Fanavaran Petrochemical Company off the Persian Gulf has reduced energy consumption in the methanol and ethanol units, the…
France’s Total has halted some of the units at its 230,000-barrel-per-day Leuna refinery in Germany to conduct technical checks after contaminated Russian crude oil was found to have flown via…
National Iranian Oil Company has employed new tactics and chosen new destinations in shipping oil following the re-imposition of US sanctions, maritime affairs deputy director at Iran’s Ports…
Use of nano air filters in cars helps decrease fuel consumption by up to 15%, said Shahpour Pirouzi, the managing director of Fara Negar Shargh Company. As one of the largest manufacturers of…
The National Iranian Oil Company is interested in working with local firms willing to take a reasonable amount of risk, including uncertainty in international markets, tech issues, project-…
An estimated one million cubic meters of wastewater was transferred from the South Tehran Wastewater Treatment Complex to Tehran Oil Refinery in the last eight months, deputy operations manager…
The second phase of Ilam Gas Refinery in the western province of the same name will be constructed in the near future and will production by 50%, the managing director of the refinery said.…
Over 6,000 megawatts have been added to installed power capacity in the past two years, and hydroelectric power plants are in the best conditions due to the heavy rains in the past months.…
South Korea imported 353,000 barrel per day of Iranian crude last month, up 17% on March ahead of the removal of sanction waivers that granted South Korea and another seven countries to legally…
Shazand Refinery in the central city of Arak, Markazi Province, has cut production of mazut, an eco-unfriendly fuel, to less than 7% by optimizing its processing facilities, managing director of…
Oil prices rose again Friday and were on track for the first weekly gains this month, as rising tensions in the Middle East stoked fears of supply disruptions. Brent crude futures were at $73 a…
In summer electricity generation reaches its peak in all power plants across the country. However, after the hot season is over, hardly 30% of the power stations operate, the managing director…
Oil production from Azar Oilfield is projected to reach 65,000 barrels per day in the second half of current fiscal that started in March, said the director of projects at the Oil Industries…
