Petrochemical output reached 27.3 million tons in the first six months of the current fiscal ending on September 22 and generated $6.3 billion in export revenues.
According to Shana, the…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Russian energy minister Alexander Novak discussed bilateral and OPEC+ cooperation with Iranian Oil Minister Bijan Namdar Zanganeh in Moscow, according to a statement released by the Russian…
India’s oil demand is expected to rise by 5.8 million barrels per day by 2040, accounting for about 40% of the overall increase in global demand during the period, OPEC’s secretary general said…
Jam Petrochemical Company in the southern port city of Asalouyeh in Bushehr Province produced 250,000 tons of polymer products in the first five months of the current fiscal (March-Aug.), of…
The sole hydroelectric power plant in Isfahan Province was shut down at the weekend due to the acute water shortage that has left Zayandehrud Dam with very little water, said the director of the…
South Korea imported no Iranian crude in September -- for the first time since September 2012 -- ahead of the looming reimposition of US sanctions on Tehran, preliminary data released by Korea…
By the end of the Sixth Five-Year Economic Development Plan (2016-2021), 1,000 kilometers of dilapidated and rusted water pipelines in the suburbs of Tehran Province will be replaced to curb…
China is expected to become the world's biggest importer of natural gas for the first time in 2018, overtaking longtime leaders Japan and South Korea.
The increase in China's imports…
Two onshore natural gas sweetening trains in Phases 13 as well as 22-24 of South Pars Gas Field in the Persian Gulf are ready to inject gas into the national grid, said the managing director of…
Given the huge difference between fuel prices in Iran and the neighboring countries due to the dramatic rise in foreign exchange rates in recent months, fuel smuggling has increased tremendously…
The first small-scale liquefied natural gas plant will be built in Kerman Province, said the research and technology director of the National Iranian Gas Company.
NIGC announced a tender…
India hasn’t worked out yet a payment system for continued purchases of crude oil from Iran, Subhash Chandra Garg, economic affairs secretary at India’s finance ministry, said.
Oil…
New customers have been introduced for buying oil despite the fact that some former clients have stopped imports from Iran, Vice President Eshaq Jahangiri said on Sunday.
“America will…
The world is pumping out more oil and other petroleum liquids than ever before.
Global supply rose to 100.3 million barrels per day in the third quarter, the International Energy Agency…
The first trial-based electricity supplies from Russia to Iran via the Russia-Azerbaijan-Iran "North-South" energy corridor are expected to start in 2019, Russia’s Energy Ministry…
Big industries in Isfahan Province are increasing production that is seen as a major error in the central plateau suffering from acute water shortage, said a civil engineering professor at…
UAE has begun to increase oil production in the third quarter and expects further increases through this month and November in line with market requirements, according to a tweet by UAE Energy…
Lacking modern technology to increase production, it is highly likely that Iranian oil and gas fields will be exhausted in the future, says the head of Oil and Gas Recovery Research Center, a…
Iran has resumed supplying electricity to neighbors after meeting its domestic peak demand during the hot summer season.
Jam Petrochemical Company in Asalouyeh, Bushehr Province, has unveiled 13 indigenized products.
“The new polyethylene grades will annually earn $100 million in export revenues,” Seyyed…
Investments in the construction and development of power plants cannot meet the increasing nationwide demand if current consumption patterns persist, the energy minister said Thursday.
Oil markets look “adequately supplied for now” after a big production increase in the last six months, but the industry is coming under strain, the West’s energy watchdog said on Friday.
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The European Union uses unfair competition methods in regulating the gas market, said Gazprom’s deputy chairman of the management committee, Aleksandr Medvedev.
India imported 528,000 bpd of Iranian oil in September, up by 1% from August, due to delays of some August cargos until Indian refiners received the government nod to import Iran’s oil on…
Chinese refiners are buying more and more very cheap heavy Canadian crude oil to make up for the dwindling supply of Venezuela’s heavy grades as China’s road construction sector—a key consumer…
