Iran said on Tuesday US President Donald Trump was mistaken to expect Saudi Arabia and other oil producers to compensate for supply losses caused by US sanctions on Iran, after OPEC production…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Kenya is cutting the retail price of electricity by 7% and removing fixed charges to cushion its 3.6 million low-income customers, the energy regulator said on Monday.
Getting rid of…
Japanese oil company, Inpex Corp, said on Monday it has begun producing gas at its giant Ichthys field off northern Australia, putting it a big step closer toward shipping its first liquefied…
Oil Minister Bijan Namdar Zanganeh is imposing four-year term limits on all top oil managers at state-run energy companies, with the rule taking effect in October. The new order applies to…
Iran's top engineering and energy enterprise MAPNA Group is ready to embark on the development of Mansouri Oilfield, a reservoir of 3.3 billion barrels of crude south of Iran, in case Indonesia'…
Developing electricity infrastructure and boosting power export can help minimize the country's dependence on oil sales that are vulnerable to political issues.
The statement was made on…
District 7 of Iran’s gas transmission operations, which encompasses eight central and western provinces, has provided natural gas for 94% of the region's cities, the director of the plan said.…
Oil prices rose on Monday with US benchmark WTI moving higher after four weeks of declines, but gains were limited as the fallout from trade tensions weighed on markets.
Brent crude…
Saudi Arabia has agreed to build a solar power plant and sell the electricity to Iraq at a steep discount compared to supplies the war-torn country previously bought from the kingdom’s regional…
Reliance Industries Limited, which operates the world's largest single-location refinery processing about 1.4 million barrels per day, said on Friday it will stop Iranian crude imports from…
Global discoveries of conventional oil and natural gas are seeing an exciting recovery, with discovered resources already surpassing 4.5 billion barrels of oil in H1…
Mexico’s president-elect has announced a $16 billion investment plan to boost flagging oil production, refinery capacity and electrical generation.
Iraqi Prime Minister Haider al-Abadi on Sunday sacked his minister of electricity, his office said, following weeks of protests against corruption and chronic power outages. Reuters quoted a…
Iran may revive a gasoline rationing system with two rates, which was eliminated by the current government in May 2015 to cut consumption, the spokesman of Majlis Energy Commission said. …
By ignoring the fact that the country's ominous water crisis is rooted in weak diplomatic relations with neighboring states, namely Afghanistan and Iraq, some still think dam construction is…
In tandem with the government's push to build petrochemical complexes in the southern coastal region, some under-construction complexes are also considering relocation of sites to that area.
Power distribution companies guarantee the purchase of renewable electricity as representatives of the Renewable Energy and Energy Efficiency Organization, also known as Satba.
Introducing the country's natural gas capacities by holding technical panels and exhibitions can be an effective way for attracting domestic and foreign investment in the lucrative industry.…
Indian truckers have called off their strike after eight days as the government agreed to consider their demands to cut levies on diesel fuel, an official of the protesting group said on…
Japanese utilities have restarted old crude oil- and fuel oil-fired power plants and raised the capacity of operating oil-powered facilities, as utilities struggle to cope with record demand…
Researchers in Ireland, Switzerland and the United Kingdom have shown how long-term weather patterns affect wind and solar renewable energy technologies across Europe.
Using 30 years of…
Total has started production at Kaombo, currently the biggest deep offshore development in Angola, located on Block 32, 260 km off the coast of Luanda.
Energy Minister Reza Ardakanian announced signing 30 deals on water treatment projects to tackle dwindling water resources.
"All the contracts are buyback agreements, of which 11 have so…
A 10-megawatt solar power plant was inaugurated in the city of Mehriz in Yazd Province in a ceremony attended by Energy Minister Reza Ardakanian.
According to Ardakanian, the…
Despite the many announcements for new electric vehicle models coming to the market and government initiatives to support EV adoption, UK motorists remain reluctant—if not stubborn—to make the…