Since the beginning of the current water year (last September) Iran unlike previous years has been receiving its fair share of water from Hirmand (Helmand) River as per an agreement signed with…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Millions of barrels of oil refinery capacity might permanently close across the global energy complex after being lost when demand crashed during the coronavirus pandemic, US refiners said on…
Kimia Pars Middle East Petrochemical Complex in Asalouyeh, which started production at the end of spring, is trying to increase output for the export market, the managing director said.
Chevron Corporation reported on Friday a net loss of $8.3 billion for the second quarter on the back of impairment charges due to lower commodity price outlook and write-off its Venezuela…
The surface area of Iran’s largest inland body of water (Lake Urmia) has increased by 68% over the last six years, the Urmia Lake Restoration Project administrator and director of the Planning…
Oil prices rose on Friday, after touching three-week lows in the previous session, responding to a record decline in US growth as the coronavirus ravaged the world’s biggest economy and oil…
The third wastewater treatment plant in Lordegan, western Chaharmahal- Bakhtiari Province, was inaugurated, provincial head of the Water and Wastewater Company said. “The facility treats 6,000…
A leak in a subsea oil pipeline from Abouzar Oilfield (in the Persian Gulf) to Kharg Island and Bandar Genaveh in Bushehr Province has been fixed and the oil spill is being cleaned up. The…
Construction of a 230 kilovolt gas-insulated substation started Sunday at the site of Rey Power Plant in south Tehran as the first step to phase out the old station, head of the Thermal Power…
Oil prices rose on Wednesday after an industry report showed that crude inventories in the United States fell against expectations, giving the market a boost amid record increases of coronavirus…
The Iranian Central Oil Fields Company has spent $600 million to build pressure boosting stations in gas fields to help provide sustainable supplies to gas refineries, director of the company’s…
The stifling hot summer and recurring power outages in southern Khuzestan Province are creating discontent among residents forced to make do with 51 degrees Celsius, a lawmaker from the oil…
The coronavirus crisis may have triggered the long-anticipated tipping point in oil demand and it is focusing minds in OPEC.
In the next two years, 7,500 five-kilowatt rooftop photovoltaic panels will be installed for households in South Khorasan Province. The eastern province has great potential to produce clean…
Construction of a solar section of Yazd Integrated Solar Combined Cycle Power Plant started Saturday. Upon completion the plant will have generation capacity of 467 megawatts, the Energy…
One million old meters have been replaced with smart electricity meters across the nation in the past three years and the same number will be substituted by the end of the current fiscal that…
Schlumberger Ltd., the world's leading oilfield services provider, posted its weakest sales in 14 years and is cutting one-fifth of its workforce while warning that new waves of Covid-19 could…
Oil prices edged lower on Monday as rising coronavirus cases and tensions between the United States and China pushed investors toward safe-haven assets. Brent crude dipped 14 cents, or 0.3%, to…
There is no problem in the production and allocation of urea fertilizer quotas, director of Iran's Association of Petrochemical Industry Corporation said.
Ukraine’s state-held gas firm Naftogaz is reportedly opposed to the pricing formula for US liquefied natural gas it could receive under a long-term contract, while there isn’t enough…
The first phase of a project to transfer water from the Persian Gulf to Kerman Province is completed and will be inaugurated soon, the provincial governor said.
Over a tenth of gas flares in the Permian Basin, the large oil field in the southwest of the US, tend to malfunction and release unlit methane into the atmosphere, the Environmental Defense Fund…
Exporting electricity can be more profitable if private firms are also allowed to sell, without state interference, the power they generate, head of the Federation of Iranian Energy Exports…
An estimated $13.5 billion has been invested for the construction of Mokran (also Makran) Petrochemical Complex in Chabahar, Sistan-Baluchestan Province, managing director of Negin Mokran…
More turbines are being hauled to wrap up construction of the Sarbisheh Wind Power Plant in Doreh rural district in South Khorasan Province, the provincial governor said. “Of the total 20 wind…
