Energy

iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.

  • Two petroleum coke production units will be built in Bandar Abbas and Imam Khomeini refineries where 700,000 tons per year of needle and sponge coke for the steel and aluminum industries will be…

  • Heavy snow in northern Gilan Province in the last few days has killed seven people, blocked roads and cut off electricity to 200,000 subscribers. About 200 villages have no power, many of them…

  • National Iranian Oil Refining and Distribution Company has launched an initiative to convert 1.4 million gasoline-powered vehicles (pickup trucks, taxis and vans) to compressed natural gas…

  • Decks 13A and 13C of South Pars Gas Field Phase 13 were loaded at the Iran Marine Industrial Company, also known as SADRA, in Bushehr Province on Monday. The rigs, each weighing 2,500 tons,…

  • Oil prices rose around 1% on Tuesday in sympathy with a rally in equity markets but investors remained jittery over the Wuhan virus that has now killed over 1,000 in China.  Brent crude…

  • Isfahan Oil Refining Company's wastewater treatment unit has started operations to help address the water problems of the refinery, the managing director said. "The plant, with a capacity of…

  • Domestic compressed natural gas consumption has reached 25 million cubic meters a day, indicating 31% rise compared to the 19 mcm/d before gasoline was rationed and pump prices increased in mid-…

  • Close to 51.5 million cubic meters of natural gas was consumed per day in thermal power plants between March and December 2019, the Energy Ministry spokesman for power department said.

  • A major plan for collecting and processing associated petroleum gas in the Bidboland Persian Gulf Gas Refinery, in Behbahan County, Khuzestan Province, will come on stream in spring. Over $3…

  • To stabilize power supply and avoid outages in the southern regions in summer, the Energy Ministry has started replacing one million old air conditioning systems with energy efficient machines,…

  • Iranian National Oil Company and Mapna Group-- Iran's top engineering and energy firm -- signed a contract to develop Parsi and Paranj Oilfields in Khuzestan Province. The deal was signed in…

  • In the next budget bill, $74 million will be earmarked for generating energy from waste, lawmaker Qasem Ahmadi Lashaki said. “Annually, 21 million tons of household waste, 32 million tons…

  • Despite the fact that liquefied petroleum gas is good for auto engines, Oil Minister Bijan Namdar Zanganeh says so long as cars can run on compressed natural gas, LPG should be used for other…

  • The Iranian Oil Pipeline and Telecommunication Company has supplied close to 100 billion liters of crude and petroleum products nationwide since March 2019, managing director of the company said…

  • It is estimated that 600 million cubic meters of water is wasted in the country every year. From this colossal malfunction the loss of 153 mcm (non-revenue water) cannot be avoided, head of the…

  • Over 57,000 villages across Iran, comprising the total rural population, are connected to the national power grid. According to the Energy Ministry news portal Paven, while rural…

  • Oil prices jumped by more than 3% on Wednesday on reports that scientists have developed an effective drug against the fast-spreading coronavirus that has weighed heavily on global economic…

  • From official reports it is apparent the water authorities have failed to manage consumption in the country over the past ten decades. The monstrous growth of cities and population explosion…

  • A total of 2,000 rooftop photovoltaic panels, each with a capacity of 5 kilowatts, will be set up for underprivileged families in North Khorasan Province by the end of the next fiscal (March…

  • Iranian companies involved in the water and power industries undertook 100 foreign projects in the last decade, overseas project manager in Iran's Water Resources Management Company (a…

  • Oil prices extended declines on Monday, dragged down by worries about lower demand in the world’s largest oil importer China following the coronavirus breakout. Brent and US West Texas…

  • Amir Kabir Petrochemical Company has sent engineers to Sibur Holding in Russia to operate an olefin plant and train personnel.

  • Power consumption data between March to December 2019 shows an increase of 3.2% compared to the corresponding period in the previous year. Subscribers used 195 billion kilo watt hours in the 9-…

  • The last offshore deck of Phase 14 (14D) was installed on Saturday to boost output from the South Pars Gas Field,  the development manager said.

  • So far $14 million have been spent on building the wastewater network in Bushehr, capital city of Bushehr Province and the project has made 80% progress, managing director of Bushehr Water and…