Energy Minister Reza Ardakanian said Wednesday 2,000 villages on the outskirts of urban and rural areas will be provided with potable water by the end of the current fiscal (started March 21…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
The second phase of Damavand Petrochemical Plant and the first phase of Bushehr Petrochemical Complex will come on stream by July in Pars Special Economic Energy Zone in Asalouyeh, Bushehr…
Venezuela is in chaos. Iran is grappling with US sanctions. And now there is a surge of violence in Libya. Trouble in these three OPEC nations has helped send US oil prices climbing back above $…
Kuwait will back an extension of OPEC-led production cuts beyond June if it's clear supply and demand factors warrant it, Haitham al-Ghais, Kuwait Petroleum Corp's manager for market research…
More than 1,500 kilometers of overhead and underground transmission lines and 1,043 power pylons in southwestern Khuzestan Province (except in the provincial capital Ahvaz) were damaged in the…
Recent rainfall increased the volume of water in dams and 80% of the dams are now full, while barely 40% were full last year, a deputy manager at Iran Power Generation, Distribution and…
Solar energy generates electricity for household consumption at lower prices, significantly reduces toxic gases and helps farmers with their excess products, says Davoud Fadaei, a member of the…
Indian refiners are holding back from ordering Iranian oil for loading in May pending clarity on whether Washington will extend a waiver from US sanctions against the OPEC-member, four sources…
Energy Minister Reza Ardakanian said dams played a key role in mitigating damage during the recent flooding in the western and southern regions. A staunch advocate of dams, Ardakanian…
One of the key Russian officials to foster a supply pact with OPEC, Kirill Dmitriev, signaled on Monday Russia wanted to raise oil output when it meets with OPEC in June because of improving…
Delays in paying private contractors have grounded many clean energy projects, a member of the Iran Renewable Energy Association (IrREA) said on Sunday. "Most private companies have…
Oil prices rose to their highest level since November 2018 on Monday, driven upwards by OPEC’s ongoing supply cuts, US sanctions against Iran and Venezuela, fighting in Libya as well as strong…
China’s natural gas demand is set to grow by 14% in 2019 amid a huge government push to spur consumption of the fuel, a senior industry executive said, requiring the nation to import huge…
The West Ethylene Gas Pipeline ruptured in western Kermanshah Province on Sunday, the governor said. "There are no reports on casualties or damage to property," Fazlollah Ranjbar was quoted as…
After Texas pushed the United States over the last decade to become the world’s biggest oil producer last year, the heart of the shale revolution is starting to show fatigue.
Flooding during the past three weeks in the west and southwest of the country has not disrupted crude oil production in joint oilfields with Iraq, managing director of Petroleum Engineering and…
Weeks after Norway’s government proposed that the country’s $1-trillion fund divest from pure exploration and production oil companies, the cabinet said that it will allow the world’s biggest…
Iraq will continue to import gas and electricity from Iran until power plants and gas fields in the country become self-reliance, the Iraqi Minister of Electricity Louay al-Khateeb said at the…
Gasoline consumption between March 20 and April 5 -- marking the Norouz (Persian New Year) holiday season -- hit a new record at 1.85 billion liters, showing a 1.9% rise compared to the same…
The US is overwhelmingly likely to fail in its attempt to completely halt Iran's oil exports, analysts told CNBC, with President Donald Trump eager to avoid rising gasoline prices ahead of…
The oil market has all but forgotten last year’s price crash. Money managers have not been this optimistic about US oil prices since early October, just before the crude market began a steep…
Oil Minister Bijan Namdar Zanganeh said on Saturday negotiations are underway with an Indian consortium led by ONGC Videsh Ltd, the foreign investment arm of India’s Oil and Natural Gas Corp. to…
A proposal by the Energy Ministry to raise water and electricity tariffs by 7% was ratified by the Cabinet. The new rates will go into effect on April 21, Barq News reported. According to the…
Installed power generation capacity will reach 85,000 megawatts by the end of the current fiscal (started March 21), head of Thermal Power Plants Holding Company said. "Almost 1,100 MW of new…
Japan's Tokyo Gas said on Friday it has signed a heads of agreement with Royal Dutch Shell for 500,000 tons per year of liquefied natural gas, with the purchase based partly on a coal-linked…
