Energy

iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.

Oil Prices Tick Up
Oil Prices Tick Up
July 21, 2023 17:55
  • Sustainable Energy Must Be Added to School Curriculum
    Incorporating energy subjects in syllabuses and educating schoolchildren about the necessity of power and water conservation will go a long way compared to exempting schools from paying utility...
  • Asalouyeh Polluters Warned
    Energy companies in Asalouyeh, Bushehr Province, which store sulfur in open-air conditions have two months to build roofed warehouses and handle hazardous chemicals in enclosed areas, the...
  • Hedge Funds Bet on Oil's Big Comeback
    Hedge funds are turning bullish on oil once again, betting the pandemic and investors’ environmental focus has severely damaged companies’ ability to ramp up production.  
  • Petchemical Output at 100 Million Tons p.a. by 2022
    Petrochemical production will reach 100 million tons a year, worth $25 billion, by 2022, the oil minister told the 14th Iran Plast International Exhibition on Sunday. If projects proceed as...
  • Persian Gulf Water for 5 Provinces: Minister
    The second phase of a project to transfer water from the Persian Gulf to Kerman Province will be launched later this month and by the end of 2021 seawater is planned to reach Yazd, Isfahan, South...
  • Gasoline Contains Admissible Levels of Chemicals, Says INSO
    Studies carried out by the Iranian National Standards Organization on gasoline quality in 2020 indicates the fuel contained “acceptable levels” of sulfur and other chemicals, head of INSO said.  
  • 60-Km Pipeline Will Link Qeshm to Nat’l Gas Grid
    Pipe-laying operation has begun to connect the Persian Gulf’s largest Island (Qeshm) to the national gas grid, head of the state-run National Iranian Gas Company said. “The 60-km pipeline, from...
  • Oil Major Total Buys Texas Solar Projects
    France’s oil and gas supermajor Total is buying four large-scale solar power projects plus battery storage assets in Texas, with which it plans to meet the electricity demand of all its industrial...
  • Petrochem Plant to Convert Gas to Polypropylene in Kermanshah
    Construction of Eslamabad-e-Gharb Petrochemical Plant in Kermanshah Province started Saturday. It will be the first to produce polypropylene from natural gas. With an estimated cost of $545...
  • NPC Building 7 Plants to Raise Petrochem Output
    Iranian Investment Petrochemical Group is expanding operations and will contribute to the value chain of petrochemicals, the managing director, Rasoul Ashrafzadeh, said. Founded in 2011 in Tehran...
  • Oil Prices Rise to Highest in a Year
    Oil prices climbed on Friday to their highest levels in a year, extending a run of strong gains this week, boosted by the continued commitment of producers to hold back crude supply and positive...
  • Power Plant in Hamedan Improving Water Efficiency in Cooling Systems
    A second dry cooling tower will be launched in summer to save water at the Shahid Mofateh Power Plant in Hamedan Province, managing director of the plant said. The first dry tower of the plant has...
  • New Move to Secure Iran’s Share of Helmand Water
    Iran and Afghanistan signed an agreement in Zabol in southeastern Sistan-Baluchestan Province on Tuesday to reconfirm Iran’s full share of water from Hirmand (aka Helmand) River after half a...
  • Water Overuse Is a New Challenge in Mazandaran
    Overextraction from renewable and underground water resources in Mazandaran Province has become a new and serious challenge, managing director of the Regional Water Company said.  “Close to 180...
  • Oil Rises on Falling US Crude Stocks
    Oil prices rose on Wednesday after hitting their highest in about a year in the previous session, supported by an unexpected draw in US crude stockpiles and an OPEC+ estimate of a global oil market...
  • African Members’ Production Troubles Offset OPEC’s Planned Increase
    OPEC boosted crude production as planned last month, but the increase was tempered by disruptions at long-troubled member nations.  
  • Discerning the Caspian  Water Transfer Project
    While officials say water transfer from the Caspian Sea to Semnan Province is the only solution to meet the growing demand of farmers and industries, environmentalists and economic experts insist...
  • Capacity of Dams Increasing
    Dams could collectively hold 13 billion cubic meters of water in the late 1970s, but capacity has now reached 53 bcm, the deputy energy minister for water and wastewater affairs said in Tehran....
  • Reclaimed Water for Hormozgan Industries
    Bandar Abbas Wastewater Treatment Plant and the Persian Gulf Supply and Development Company-- a subsidiary of the Iranian Mines & Mining Industries Development & Renovation Organization (...
  • Bijan Namdar Zanganeh: Oil Regions Left in the Lurch
    At least 3% of petroleum revenues should be earmarked for expanding infrastructure in oil-producing provinces namely Khuzestan and Bushehr, but in practice much less has been allocated to these...
  • Oil Warily Higher Amid Patchy Vaccine Rollouts
    Oil prices edged higher on Monday after a weak start, holding on to the past three months of gains, although patchy coronavirus vaccine rollouts, new infections and the discovery of new variants...
  • Dams Half Full
    Water stored in dams across Iran has reached 26.63 billion cubic meters, which is 1% less than the same time last year, the Energy Ministry news portal Paven reported.  
  • Work Underway to Improve Water Supply to Saveh: MP
    If all goes well water from Koochari Dam in central Isfahan Province will be transferred to Saveh County in Markazi Province in two years, the representative of Saveh and Zarandieh counties in the...
  • Steam Units of Shirvan Combined Cycle Power Plant Operational
    The third steam unit of Shirvan Combined Cycle Power Plant in Shirvan County, North Khorasan Province, was launched Sunday. Producing 160 megawatts, the unit cost $205 million and will supply...
  • A Bright Future for Methanol
    Methanol production capacity almost doubled in the past two years to 12 million tons in 2020 following the start of new petrochemical facilities in Assaluyeh in the southern province of Bushehr,...

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