Raising production from the South Azadegan Oilfield in Khuzestan Province with the help of skid-mounted processing units and mobile oil treaters is a priority of the Petroleum Engineering and…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Bandar Abbas Wastewater Treatment Plant expansion and repairs will be over by the end of the current fiscal in March, said the managing director of Hormozgan Water and Wastewater Company. “…
The National Iranian Drilling Company, a subsidiary of National Iranian Oil Company, undertakes most drilling operations across the country and drilled 4,489 onshore and offshore oil and gas…
Contrary to initial reports that OPEC will not make public the country quotas in the new production cut deal, the organization now plans to publish a table of each OPEC and non-OPEC individual…
Installed power generation capacity has exceeded 82 gigawatts. According to Paven, The Energy Ministry news portal, thermal power plants account for 68,000 MW of the total. The website said gas…
Water is a heavily subsidized commodity in Iran and while urban consumers pay 43% of its real price, only 23% of the production cost is paid by consumers in rural regions, says the director of…
The United States has granted Iraq a 90-day extension to an exemption from reimposed sanctions on Iran to keep on importing energy, a government source said on Thursday. President Donald Trump…
The rise in ethane production in Iran over the last eight months has helped petrochemical plants raise their ethylene output by 420,000 tons – reaching about 7.7 million tons. According…
Supplies of uranium, used to fire nuclear power plants, are becoming increasingly plentiful globally, threatening to make redundant Japan's long-standing policy of recycling spent nuclear fuel…
Energy Minister Reza Ardakanian says smuggled air conditioners put an extra and unwanted burden on the electricity grid. "Close to one million air conditioners are imported [illegally] every…
-
The output of diesel compliant with Euro 4 and 5 standards has increased by 17 million liters per day, said the director of coordination and production supervision at the National Iranian Oil…
Russian energy minister Alexander Novak expects his country's crude oil output in 2019 to be around 555-556 million tons (11.145-11.165 million barrel per day) but said this figure could be…
A water conference opened on Tuesday at the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) to discuss ways and means for improving water productivity and management.
Head of exploration department of the National Iranian Oil Company said Monday cooperation with international companies on studying new oil and gas fields is underway and 13 fields were…
Iranian Offshore Oil Company, a subsidiary of the National Iranian Oil Company, has signed contracts with three private companies to build six offshore vessels.
Global coal demand will edge higher until 2023 as growth in India and other Asian countries offsets a decline in Europe and the United States, the International Energy Agency said Tuesday.…
The cost of producing renewable energy in Iran, similar to many other parts in the world, has declined 2.5 times in two years, deputy energy minister, Seyed Muhammad Sadeqzadeh, said Sunday.…
The Persian Gulf Petrochemical Industries Company is undertaking nine petrochemical projects worth $8.5 billion, the company’s managing director said. "When completed in 2021, PGPIC output,…
The number of electricity meters nationwide has reached 35.5 million with 3.5 million new consumers having joined the national grid since 2015. According to ISNA, household, agriculture,…
The number of new oil and gas projects will rise five-fold next year from a 2015 trough but overall spending is still unlikely to be enough to meet future demand, consultancy Wood Mackenzie said…
Russia exported 36.65 million barrels less crude oil in the first ten months of the year, not least because of its participation in the OPEC+ pact to reduce global supply. This is what…
Mexican President Andres Manuel Lopez Obrador detailed plans to “rescue” the national oil industry by boosting crude production at the state-owned oil company by 45% before 2025. Lopez Obrador…
After flooding the US market in recent months, Saudi Arabia plans to slash exports to the world’s largest oil market in the coming weeks in an effort to dampen visible build-ups in crude…
Unipec, the trading arm of Chinese state oil major Sinopec and China’s largest buyer of US crude oil until recently, is set to resume purchases from the United States “very soon,” and volumes…
Power consumption in Iran has risen by an average 5.5% per annum in the past 40 years – an increase over and above the population growth rate. The growing consumption has become a cause for…
