Energy

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

  • Europe’s natural gas market is the most bullish it has been in years, as higher-than-expected summer demand and a tighter market drive natural gas price futures to levels last seen during this…

  • South Sudan has resumed pumping 20,000 barrels per day of crude from the Toma South Oilfield, where production had been suspended since 2013, Sudanese Oil Minister Azhari Abdulqader said.

  • Oil prices fell on Monday on concerns the US-China trade dispute will erode global economic growth, although looming US sanctions against Iran’s oil sector kept crude from falling further,…

  • China Petroleum & Chemical Corp. raised its dividend payout after half-year earnings jumped to a record, fueled by improving refining profits and a rebound in crude prices that brought its…

  • Trinidad and Tobago will continue to ship super-chilled natural gas all over the world, with a little help from Venezuela.

  • Three gas refineries of South Pars Gas Field in the southern Bushehr Province will come on stream by the end of the current Iranian year (March 20, 2019), the managing director of South Pars Gas…

  • Iran’s largest wind farm, with a power generation capacity of 61.2 megawatts, was launched in Siyahpoosh region in Qazvin Province on Monday in a ceremony attended by Energy Minster Reza…

  • China Petroleum & Chemical Corp. (aka Sinopec) said its half-year earnings jumped to the highest level on record, as refining profits climbed and a rebound in crude prices brought its oil…

  • OPEC and other oil exporting producers are expected to agree on a mechanism to monitor their crude production before the end of the year, Kuwaiti Oil Minister Bakhit al-Rashidi said.

  • Iran’s fleet of tankers may provide a lifeline for its crude and condensate exports, which have been targeted by US sanctions against the Persian Gulf nation.

  • Russia’s state civil nuclear power corporation Rosatom has started to load nuclear fuel at the fourth power unit of the Tianwan Nuclear Power Plant in China, Rosatom said in a statement on…

  • Tabriz Oil Refinery in East Azarbaijan Province produces 5.3 million liters of gasoline per day, of which 50% meet Euro-4 standards, managing director of the refinery said.

  • Iran will find a way to circumvent US sanctions and develop the petrochemical industry under those limitations, the managing director of the National Petrochemical Company said.

  • Iran's top engineering and energy conglomerate MAPNA Group is considering the conversion of all its single-cycle power plants into combined cycles, the managing director of MAPNA said on Sunday…

  • Iran currently swaps as much as 47 million cubic meters of natural gas with its neighboring states per day.

    Hamidreza Araqi, managing director of National Iranian Gas Company, made the…

  • The combined capacity of Iran’s wastewater treatment plants showed a significant hike of 149% in the past 12 months to August 2018.

  • Iran’s Oil Ministry has banned the import of 84 oil equipment manufactured to support domestic parts makers, a ministry official said.

  • China’s Unipec will resume the purchase of US crude oil in October after a two-month halt due to the trade dispute between the world’s two largest economies, three sources with knowledge of the…

  • Iran's Oil Minister Bijan Namdar Zanganeh said some members of oil producer group OPEC were acting in accordance with US policies, Iran’s Khaneye Mellat news agency reported on Friday. “Some…

  • South Korea’s Hanwha Total Petrochemical Company has increased the imports of condensate from the United States and Australia and is seeking more European cargoes to replace Iranian supplies,…

  • Fossil fuel energy has understandably become the clay pigeon of environmentalists in the past decades—with oil and gas companies having lied too often about the impact of their activities on…

  • Talks between Total and the Unite union in a dispute over pay and shifts that has already seen five strikes over the past month, broke down on Thursday night, the workers’ union said on Friday,…

  • Iran’s total installed capacity of renewable energy production will surpass 1,000 megawatts, or 1 gigawatt, by the end of the current fiscal (March 2019), said the managing director of Renewable…

  • Iran said this week it had resumed the supply of electricity to Iraq and other neighboring states 10 days earlier, after shortages in Iraqi cities sparked unrest in July. Tehran stopped…

  • Oil exports from Iran have fallen steeply in the first half of August, according to preliminary tanker tracking data, as the threat of US sanctions is already beginning to curb demand from some…