The construction of a polyvinyl chloride (PVC) unit, with a production capacity of 300,000 tons a year, at the Arvand Petrochemical Company in Mahshahr, Khuzestan Province, is making headway,…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
The first power plant constructed with the investment of industries has been connected to the national power grid, a deputy managing director of Iran Power Generation, Distribution and…
Oil prices bounced higher from multi-month lows on Monday, as investors' appetite improved following data on US jobs and Chinese exports that eased recession concerns. Brent crude futures had…
Gachsaran Petrochemical Plant in Kohgilouyeh-Boyerahmad Province is in its final stages of construction by Iranian experts and engineers, with help from knowledge-based companies, managing…
More than 500 knowledge-based firms are active in oil, gas and petrochemical sectors, of which 50 are capable of competing with foreign brands and their goods and technical services are sold in…
Oil prices fell about 1% in early trade on Wednesday before paring some losses, ahead of a meeting of OPEC+ producers on fears of a slowdown in global growth hitting fuel demand and a firmer…
The National Iranian Oil Company’s gasoline export revenues reached $32 million between March 21 and April 20. According to the Islamic Republic of Iran Customs Administration's Statistics…
Over 911,000 cubic meters of Karkheh River in the southern Khuzestan Province have been dredged since the beginning of the current fiscal year (March 21) not only to help prevent potential…
Bidbland Gas Refining Company increased its gas processing during the first quarter of the current Iranian year (March 21-June 21) by 67% compared with the same period of last year, managing…
The first phase of a plan to transfer reclaimed sewage from Tabriz wastewater treatment plant to Urmia Lake has become operational, the governor general of East Azarbaijan Province said.
Isfahan Refinery’s net profit surpassed $433 million in the first quarter of the current Iranian year (March 21-June 21) compared with the same period of last year, the financial manager of…
A total of 95 water desalination plants with an aggregate capacity of 634,000 cubic meters per day are either operational or being built across the country, the head of the Department of…
To increase heavy crude processing capacity, the Oil Ministry and a group of banks and private sector firms have signed memoranda of understanding worth $17.8 billion to build two refining…
The project to supply piped water to 67,000 people in 169 villages of Kurdestan Province is expected to be completed in 30 months, managing director of Kurdestan Water and Wastewater Company…
Iranian experts and engineers have gained the knowhow of producing a special kind of drill bits used in the oil industry, said the director of Mechanical Engineering Research Group at the…
Operations to complete two storage tanks and a jetty for loading and exporting sulfur from Siraf Pars Port on the Persian Gulf coast are underway, the National Iranian Oil Company’s director for…
More than 28 industrial and production units in urban and rural areas of Ilam Province were supplied with natural gas during spring, the head of Ilam Gas Company said.
Cracks have appeared in a tunnel that was slated to transfer water from Kanisib Dam in Piranshahr, West Azarbaijan Province, to Urmia Lake, the head of Iran Water and Power Resources Development…
The mercaptan unit of South Pars Phase 1 Refinery has produced 1,400 tons of the odorant and plans are underway to increase the yearly output, the manager of the refinery said. “The unit is the…
Unprecedented torrential rainfall in the past few days in several provinces, including Tehran, Alborz, Markazi, Isfahan, Fars, Hormozgan, Sistan-Baluchestan, Yazd and Chaharmahal-Bakhtiari, has…
The revival of abandoned oil and gas wells in Iran by tapping into cutting-edge knowledge of startups can help reduce production costs by 90%, the head of the Oil Industry Technology and…
Oil prices rose in European trading on Friday as attention turned to next week's OPEC+ meeting and expectations that it will dash US hopes for a supply boost. Brent crude futures for September…
The second dry cooling tower of Shahid Mofatteh Power Plant in Hamedan Province has made 60% progress and is expected to become operational in the current fiscal year (March 2022-23). Energy…
Iran’s gas export earned $4 billion in the first four months of the current Iranian year (March 21—July 22), which is equals to the revenues earned throughout last year, the oil minister said.…
Five government departments have signed a memorandum of understanding on Monday to build 550,000 small-scale solar generators in rural and across Iran within five years.
