Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
July 21, 2023 17:55
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November 27,2019Friend and foe have been trying hard to figure out what happened and why in the eight days after the government decided to cut fuel subsidies, sending gasoline prices to levels unseen in Iran ever... -
November 27,2019A 50 megawatt wind farm in Aqkand City, Mianeh County, East Azarbaijan Province, was launched Wednesday. Aqkand wind farm can generate 175,000 megawatt-hours of electricity a year, enough to meet...
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November 26,2019The first 310 megawatt gas unit of Dalahoo Combined Cycle Power Plant in Eslamabad-e-Gharb County, Kermanshah Province, started operation on Tuesday. With a total capacity of 910 MW, the power...
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November 26,2019Following the abrupt government decision to raise gasoline prices and sell it at two rates from November 15, consumption fell by at least 20% over a 10-day period, the National Iranian Oil Products...
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November 26,2019New energy investment in emerging economies slipped last year to $133 billion, far from the 2017 record of $169 billion, mostly due to a slowdown in China, BloombergNEF said in its annual...
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November 26,2019OPEC countries, which are meeting next week to discuss their level of oil output, should make the right decision for the global economy, which remains “very fragile”, the head of the International...
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November 25,2019Natural gas production in the giant South Pars Gas Field in the Persian Gulf will increase by 70 million cubic meters per day before the calendar year is out, managing director of Pars Oil and Gas...
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November 25,2019Oil prices rose on Monday as positive comments from the United States and China rekindled hopes in global markets that the world’s two largest economies could soon sign an interim deal to end their...
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November 25,2019Recent rainfall has by no means eased Tehran’s water crisis that has been a source of serious concern for years, managing director of Tehran Province Water and Wastewater Company said. “Water...
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November 25,2019So long as state-run automakers keep manufacturing low-quality vehicles, the people will be the main victims who have to face the economic burden stemming from the unprecedented rise in gasoline...
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November 24,2019In line with the expansion of renewable electricity, 20,000 small solar power installations will be set up to supply electricity to 20,000 rural and nomad families. Domestic companies manufacture...
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November 24,2019The latest rationing and doubling of gasoline prices that started out of the blue last Friday (Nov. 15) will annually generate up to $5.5 billion in export revenue for the government, a board...
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November 23,2019The semi-autonomous Iraqi region of Kurdistan may begin deliveries by early next year of around 250,000 barrels per day of crude oil to the federal government in Baghdad for exports, Iraqi Oil...
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November 23,2019The decision to sell gasoline at two rates is a breeding ground for corruption, head of the Iran Gas Station Owners Union’s board of trustees said. “Although the National Iranian Oil Products...
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November 22,2019Energy Minister Reza Ardakanian arrived in Moscow Thursday for talks with his Russian counterpart Alexander Novak and follow up on a planned $5 billion loan from the government in Russia. The...
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November 22,2019Following the government last week to raise gasoline prices by 200%, compressed natural gas consumption has risen by 2 million cubic meters a day since Nov. 15, head of CNG department at the state-...
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November 22,2019Hedge-fund managers unwound bets that crude will fall at the fastest pace in 16 months as the prospects for a trade war truce and a slowdown in shale drilling helped futures rebound.
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November 22,2019The National Iranian Oil Products Distribution Company (NIOPDC) issued more than 4 million smart fuel cards during the last four months, head of the sate-run company said. “Now that gasoline has...
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November 22,2019OPEC and its Russia-led non-OPEC partners in the production cut deal may roll over in early December the current cuts into June 2020, as Russia will likely support the organization’s efforts to...
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November 20,2019Oil prices slipped for a third day on Wednesday as a surge in US stocks reinforced concerns about lackluster global economic growth, while hopes ebbed for any movement on the US-China trade war.
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November 20,2019Gasoline consumption should decline by at least 10% in the coming three months, head of the National Iranian Oil Products Distribution Company (NIOPDC) said. “Consumption is now at 95 million...
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November 20,2019The Energy Ministry has signed agreements with knowledge-based firms and startups in the fields of robotics and industrial automation, deputy for research and human resources at the ministry said...
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November 20,2019Iraq's crude production and exports continue at full throttle despite the recent violent demonstrations in the country, but analysts said the situation bears close watching as oil fields and ports...
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November 20,2019Domestic gas consumption jumped to new highs on Tuesday reaching 693 million cubic meters per day, dispatching director at the National Iranian Gas Company said. Mehdi Jamshidi Dana said...
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November 19,2019Close to 70% of catalysts for key items in Arvand Petrochemical Complex in southern Khuzestan Province is produced by the local firms, managing director of the company said. “Long-term contracts...
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