Uncertainty surrounding Iran’s oil industry ahead of forthcoming US sanctions could prompt “extreme volatility” for oil prices, BP’s chief executive told CNBC Wednesday.
“I think…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Construction of five petrochemical complexes in Qeshm Island off the Persian Gulf will commence soon.
"The ventures, worth $4.2 billion, are aimed at producing more value-added products…
An ambitious project to supply water from the Persian Gulf to Hormozgan, Kerman and Yazd provinces suffering from chronic shortages is halfway through and the installation of the first pipeline…
Energy companies are betting demand for natural gas will rise at break-neck pace for decades, undermining warnings that tackling climate change would require a rapid switch to renewable energy…
Oil prices slipped on Wednesday after the IMF lowered its global growth forecasts, but markets were supported as Hurricane Michael moved toward Florida causing the shutdown of nearly 40% of US…
Carbon emissions in Iran rose drastically between 1990 and 2012, increasing from 283 million tons to 730 million tons.
Isa Kalantari, head of the Department of Environment, revealed the…
Working relations will expand between Iran's North Drilling Company and Oman’s Ministry of Oil and Gas regarding investment by Omani companies in the upstream energy sectors and…
Government debt to the Energy Ministry related to the disparity between real water and electricity rates, which include distribution, transmission and generation costs, and what consumers…
BP and Serica Energy received a conditional license from US authorities to continue operating a North Sea gas field partly owned by a subsidiary of Iran's state-owned National Iranian Oil…
Oil prices rose on Tuesday as more evidence emerged that crude exports from Iran, OPEC’s third-largest producer, are declining in the run-up to the re-imposition of US sanctions and as a…
A vessel carrying 2 million barrels of Iranian oil discharged the crude into a bonded storage tank at the port of Dalian in northeast China on Monday, according to Refinitiv Eikon data and a shipping…
Iran's capital city Tehran has reached a point of saturation in terms of construction of new houses due to a highly faulty pattern pursued in the past few years, the deputy for planning, urban…
Despite other alternative routes, Turkey is still keen on importing more natural gas from Iran as it is economically viable, a senior energy security analyst said.
Tehran wastewater network will be completed by 2023, managing director of Tehran Water and Wastewater Company said at the weekend.
“So far 65% of the sewage network is complete,”…
Following efforts to produce quality gasoline in compliance with Euro standards, the National Iranian Oil Refining and Distribution Company has started a new refining unit—naphtha hydrotreater—…
Two Indian oil companies have placed orders to import Iranian crude next month, Oil Minister Dharmendra Pradhan said Monday, defying a call from President Donald Trump's administration for…
Oil Minister Bijan Zanganeh on Monday dismissed claims by Saudi Crown Prince Mohammed bin Salman that the kingdom is prepared to make up for any oil market shortfall caused by US sanctions on…
Bioenergy from liquid biofuels and biogas will lead growth in renewable energy consumption to 2023, due to its rising use in the heating and transport sectors, according to the International…
Iran Gas condensate exports from the South Pars Gas Field in the Persian Gulf during the first six months of the current fiscal to September 21 declined by almost half to reach 4.6 million tons…
Three projects to connect 101 underprivileged areas in rural South Khorasan to the national gas grid have been completed, said the managing director of South Khorasan Gas Company.
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Hormoz Combined Cycle Power Plant in the Persian Gulf Mining and Metal Industries Special Economic Zone in southern Hormozgan Province, went on stream on Saturday increasing the number of power…
Plastics and other petrochemical products will drive global oil demand to 2050, offsetting slower consumption of motor fuel, the International Energy Agency said.
The managing director of Iran Water Resources Management said Friday 109 dams are under construction across the country, 43 of which will provide water for household purposes and are expected to…
Petrochemical export earnings during the first six months of the current fiscal reached $ 7.4 billion showing a 24% increase compared to the corresponding period last year.
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There has never been reliable data on the amount of fuel smuggled out of Iran to neighboring countries during the past few decades, but estimates put the number in the region of 10 million…
