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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March 10,2019The National Iranian South Oil Company is to start production expansion and maintenance projects in areas where the Masjed Soleyman Oil and Gas Production Company is operating, the managing... -
March 09,2019Norway took a partial step in divesting oil and gas stocks in its massive $1-trillion wealth fund, approving the sale of smaller exploration companies while sparing the biggest producers such as...
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March 09,2019A key contributing factor to high water consumption and waste in Iran is that the precious commodity is sold inexpensively to households, industries and farmers, says the director of Natural...
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March 09,2019Brazil’s state-controlled oil company Petroleo Brasileiro SA, or Petrobras, announced plans to cut $8.1 billion from its operational costs in the period from 2019 through 2023, according to a...
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March 09,2019South Korea overtook China as the No. 2 destination for US crude behind Canada in 2018, as shipments to South Korea soared to a record high of 558,000 barrels per day in December while shipments to...
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March 09,2019Semnan Province Electric Power Distribution Company will set up 100 small-scale solar power systems for rural homes in the next calendar year (starts March 21), the managing director said Saturday...
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March 08,2019Gasoline inventory is at 1.6 billion liters, which is up 400 million liters compared to the same period last year. The National Iranian Oil Products Distribution Company had stored 1.2 billion ...
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March 08,2019The Persian Gulf Petrochemical Industries Company is looking closely at ways to add value to its output and is building petrochemical plants estimated to cost $8.5 billion, the managing director...
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March 08,2019Energy Ministry owes 3,000 billion rials ($22 million) to contractors involved in renewable energy projects, the head of Iran Electricity Industry Syndicate said. "As per last year's budget, the...
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March 08,2019Oil prices dropped by more than one % on Friday as clouds gathered over the global economy after the European Central Bank (ECB) warned of continued weakness and fresh data showed Chinese exports...
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March 06,2019An estimated $3 billion has been invested in almost 1,000 water and power projects in several cities in Khuzestan Province, the Energy Minister said on Tuesday. Reza Ardakanian was speaking at the...
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March 06,2019Feasibility studies to build the second desalination unit in the northern Golestan Province are over and construction work will start soon, managing director of the provincial Rural Water and...
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March 06,2019Production of gasoline compliant with Euro-5 emission standards started in Tabriz Oil Refining Company in East Azarbaijan Province on Wednesday, managing director of the company said. “The...
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March 06,2019China said it will form a national oil and pipeline company, the first public acknowledgment of the massive energy industry overhaul planned since at least 2014.
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March 06,2019Oil prices fell on Wednesday as bullish output forecasts by two big US producers and a build in weekly US crude stockpiles outweighed OPEC-led production cuts.
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March 05,2019OPEC and its allies will probably achieve their goal of draining oversupply from the oil market and boosting prices by next month, says Jeff Currie, global head of commodities research at Goldman...
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March 05,2019The amount of associated petroleum gas burning out from the 8th South Pars Refinery has reached zero, managing director of the refinery said Tuesday. "Optimization of sulfur recovery and ethane...
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March 05,2019Iraq is willing to boost technical cooperation with Iranian power engineering firms, the Arab country’s electricity minister said. Luay al-Khateeb made the statement at the opening ceremony of...
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March 04,2019Bushehr Nuclear Power Plant in the southern namesake city has temporarily been shut down for technical overhaul, head of the plant said. "This year's overhaul involves partial disassembly of...
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March 04,2019Developing Phase 14 of South Pars Gas Field along with the Kish Gas Field are among priorities of Pars Oil and Gas Company in the next fiscal (begins March 21), the managing director said Monday....
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March 04,2019Oil prices rose on Monday, buoyed by output cuts by producer club OPEC and reports that the United States and China are close to a deal to end a bitter tariff row that has slowed global economic...
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March 03,2019National Iranian Gas Company has started supplying compressed natural gas through pipelines to about 1,000 households in the city of Zabol in southeastern Sistan-Baluchestan Province, governor...
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March 03,2019Construction of a new ethylene oxide plant will begin soon in Andimeshk, Khuzestan Province, director of public relations of Persian Gulf Petrochemical Industries Company said Saturday.
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March 03,2019The sole hydroelectric power plant in Isfahan Province will restart operation next week, said the deputy of conservation and utilization at the Isfahan Regional Water Company. The power plant was...
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March 03,2019Energy Minister Reza Ardakanian says the Majlis has allowed his ministry to borrow €300 million from the National Development Fund of Iran for improve precautionary measures against dust storms...
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