Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
July 21, 2023 17:55
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November 02,2018The US has agreed to let eight countries -- including Japan, India and South Korea -- keep buying Iranian oil after it reimposes sanctions on the OPEC producer on Nov. 5, a senior administration... -
November 02,2018OPEC’s crude production climbed to the highest level since 2016 as increases by Saudi Arabia and Libya offset losses stemming from impending US sanctions on Iran.
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November 02,2018Diesel production in compliance with Euro-4 emission standards has doubled over the last seven months, the main oil refining company said. Alireza Sadeqabadi, chief executive officer of the...
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October 31,2018Proposals by Russia’s Zarubezhneft Company for developing three oil fields in western Iran have been studied by the National Iranian Oil Company's Reservoir Management Committee. Experts discussed...
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October 31,2018The current water year (started Sept. 23) began with scattered showers and total precipitation height in over a month shows a 56% increase compared to the corresponding period last year, bringing...
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October 31,2018High oil prices are hurting consumers and could also have adverse implications for producers, the executive director of the International Energy Agency said on Tuesday.
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October 31,2018Pipe laying work to connect South Pars Gasfield Phase 13 onshore refinery in Asalouyeh to the sixth and ninth Iran Gas Trunkline (IGAT 6 and 9) has been completed, the director of Phase 13...
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October 31,2018The Trump administration has cut down Iran's oil exports more quickly than many expected, but just days before a White House deadline, it is still a long way from achieving its stated goal of...
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October 30,2018Increasing gasoline prices would be subject to amending the 2018-19 budget law and the government so far does not intend to propose any such changes, says a lawmaker. Jahanbakhsh Mohebinia, a...
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October 30,2018Although the European Union has vowed to create a special purpose vehicle to continue trade with Iran after the US sanctions on Tehran’s oil return next week, the bloc is struggling with the set-up...
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October 30,2018The National Iranian Drilling Company has drilled 88 onshore and offshore wells over the last seven months, the company’s deputy managing director said. "By employing 70 offshore and onshore rigs...
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October 30,2018China will lead global refinery capacity expansion and investments with 3.12 million barrels per day additional refining capacity and $67.3 billion capital expenditure through 2022, data and...
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October 30,2018Pars Oil and Gas Company has launched butane storage tanks at phases 20 and 21 of the giant South Pars Gas Field in the Persian Gulf. According to Alireza Ebadi, operator of the project, two...
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October 30,2018Hyundai Engineering & Construction Company announced on Monday that it has scrapped a $520 million deal with Iran's Ahdaf Investment Company to build the second phase of Kangan Petro Refining...
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October 28,2018An integrated methanol consortium is of high importance in light of the looming US sanctions against Iran’s oil industry, said the National Petrochemical Company managing director, Reza Norouzzadeh...
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October 28,2018Shahid Hasheminejad Gas Refinery in Sarakhs County signed an agreement with Khorasan Razavi Agriculture Jihad to provide 100,000 tons of sulphur per annum for farming purposes.
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October 28,2018Russian Energy Minister Alexander Novak said on Saturday there was no reason for Russia to freeze or cut its oil production levels, noting that there were risks that global oil markets could be...
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October 28,2018Production of MTBE, a gasoline additive to raise the octane number, has increased in Iran's petrochemical industries. Two companies in Mahshahr, Khuzestan Province, are major producers of MTBE....
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October 28,2018The fourth 3.2 megawatt small-scale power plant was launched by the private sector in Shahid Salimi Industrial Town in Azarshahr – 33 kilometers away from Tabriz, said the managing director of East...
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October 28,2018The German government has authorized the use of strategic oil reserves in order to mitigate the consequences of a record drought that has hit the Rhine area in the last few weeks.
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October 27,2018The looming US sanctions against Iran’s oil industry does not mean the country will not be able to carry out projects in the key sector as domestic exploration and production (E&P) companies...
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October 27,2018Pars Oil and Gas Company has completed installing offshore platform 14C in the giant South Pars Gas Field in the Persian Gulf where sour gas extraction started on Saturday. According to Hamidreza...
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October 27,2018Iraq will stop trucking crude from its northern Kirkuk oilfield to Iran in November to comply with sanctions imposed on its neighbor by the United States, five sources familiar with Iraqi oil...
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October 27,2018Thermal power output grew 5% in the first six months of the current fiscal that started in March compared to the corresponding period last year, Mohsen Tarztalab, head of Thermal Power Plants...
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October 26,2018The 230-kilovolt double-circuit Seimare-Abdanan-Dehloran transmission line in western Ilam Province was launched Thursday in the presence of the Energy Minister Reza Ardakanian. Built over 113km,...
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