OPEC and its allies have revised oil demand scenarios for 2021 with demand seen weaker than previously anticipated, a confidential document seen by Reuters shows, supporting the case for a…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Natural gas supply surpassed 710 million cubic meters on Monday as cold weather pushed into the northern and western regions, head of the National Iranian Gas Company Dispatching Department said…
The project to divert water from Zab River along the western borders to the distressed Lake Urmia in the northwest is almost complete and is expected to come on stream in December, director of…
Oil prices climbed on Monday, recouping some losses from the previous session as hopes that OPEC+ will hold current output curbs offset concerns over weaker fuel demand due to growing…
Gas condensates from South Pars Gas Field in the Persian Gulf accounts for 40% of total gasoline output in Iran, managing director of Pars Oil and Gas Company, a subsidiary of state-owned…
The coronavirus has pushed the pause button on industries around the world and helped in curbing pollution in all its manifestations. Scientists, climate experts and activists, conservationists…
Gas pressure regulating and metering stations have been indigenized by Iranian engineers at Azar Pajouhan Andish Company, a knowledge-based firm in Tehran, the managing director said.
Refineries in Iran are operating at full capacity converting two million barrels of crude oil into petroleum products a day, the secretary-general of Oil Refining Industry Cooperative…
Despite difficulties including geostrategic challenges and the recent coronavirus pandemic, Iran has made noticeable progress in its energy sector. Oil Minister Bijan Namdar Zanganeh said…
Power loss in transmission and distribution networks in Iran now is near 9.7% and should decline to 9.2% by the end of the current Persian calendar year (March 2021), the deputy energy minister…
The first phase of an $800 million project to supply water from the Persian Gulf to Kerman and Yazd provinces went on stream last week.
Construction of a water treatment plant in Minab County, Hormozgan Province, will be completed by spring, the acting governor of Minab said. “When the facility is operational we will have no…
Higher natural gas production and supply to households in most parts of the century and power plants instead of diesel, mazut and kerosene, has helped curb the use of eco-unfriendly liquefied…
The Persian Gulf Bidboland Gas Treatment Plant project in southwestern Khuzestan Province has won the International Project Management Association (IPMA) Global Project Excellence Awards in the…
Use of mazut as feedstock in power plants in the capital has reached zero, head of Tehran Thermal Power Generation Company, a subsidiary of Iran's Thermal Power Plants Holding Company, said.
Work on a diesel treatment unit has made 85% progress and will help boost diesel production in compliance with Euro-5 standard at the Isfahan Oil Refining Company in central Isfahan Province…
Oil prices gained more than 2% on Monday, with Brent futures rising above $40 a barrel, after Joe Biden clinched the US presidency and buoyed risk appetites, offsetting worries about the impact…
The project to eliminate the volatile organic compounds emissions from a wastewater treatment unit at Tabriz Petrochemical Plant in East Azarbaijan Province has been launched as the company…
Key members of OPEC are wary that strains in the OPEC+ alliance could reemerge with Joe Biden as US president, sources close to the organization said, and would miss the outgoing president,…
The Caspian Sea has been shrinking since 1995 and the trend is not expected to end in the foreseeable future due to a variety of reasons, namely rising temperatures linked to global warming and…
Gasoline consumption in Iran in the first seven months of the current Persian calendar year (March 20-Oct 2020) declined 30% compared to the same period last year. While motorists used 97…
In the past five years desalination capacity in southern Hormozgan Province has increased six fold, managing director of the Hormozgan Water and Wastewater Company said. “The present annual…
Production of renewable energy in Iran has surpassed 5.47 billion kilowatt hours since 2009. If this volume was produced by thermal plants that consume gas as feedstock, more than 1.55 billion…
The first phase of a project to supply water from the Persian Gulf to Kerman Province went on stream on Thursday, head of the National Water and Wastewater Engineering Company of Iran (Abfa)…
Oil fell towards $40 a barrel on Friday as new lockdowns in Europe to halt surging Covid-19 infections sparked concern about the outlook for demand, while markets remained on edge over drawn-out…
