Water consumption in Iran has increased by 11% since the beginning of the fiscal year (March 20) compared to the same period last year. Water stored in dams has decreased by 5% in comparison…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Iran is now self-reliant in repairing offshore drilling rigs, managing director of Sina Energy Development Company said. “In the past platforms were sent to other countries for repairs, but now…
A fire broke out at Shahid Medhaj thermal power plant (Zargan) in southwestern Khuzestan Province late Saturday, a spokesman for the Energy Ministry said.
Gas units of a new power plant in Qeshm Island, off the Persian Gulf in Hormozgan Province, will start production by the end of July, managing director of Ghadir Investment Company, one of the…
Routine maintenance of 84 thermal power plants has been completed with a 33-day delay, head of Technical Affairs Department of the Thermal Power Plants Holding Company said. “Overhaul that…
OPEC slashed oil production to the lowest level since the Persian Gulf War in 1991, as it escalated efforts to revive global markets just as a resurgence of the coronavirus is threatening demand…
Iran has resumed gas exports to Turkey after Botas, the country's state oil and gas company, said it fixed the ruptured gas pipeline after 94 day, the head of National Iranian Gas Company's…
Demand growth for refined oil products will never return to the levels it reached before the coronavirus outbreak, Citigroup, an American multinational investment bank and financial services…
To help stabilize power supply in the desert Yazd Province, a small-scale power plant with distributed generation system came online in Taft County, the head of small scale power projects in the…
To help boost renewables, close to 33 megawatts of electricity was added to green energy production, managing director of Renewable Energy and Energy Efficiency Organization (aka Satba)…
Crude prices fell on Friday as the resurgence of the coronavirus globally and in the United States, the world’s largest oil consumer, dimmed the prospects of fuel demand recovery. Brent crude…
ExxonMobil may be set for its second consecutive loss in Q2 as the oil price collapse and weak refining margins will hit both the upstream and downstream divisions of the US supermajor. In a…
Sharaf Shah Dam in Qasr-e-Shirin County, in Kermanshah Province, was launched Thursday. The dam has a storage capacity of 101 million cubic meters of water and seeks to provide clean water to…
Oil prices rose on Wednesday after an industry report showed crude inventories in the United States fell much more than expected, suggesting demand is improving even as the coronavirus outbreak…
Royal Dutch Shell said it will write down between $15 billion and $22 billion in the second quarter, as the company gave investors a wider glimpse of just how severely the coronavirus crisis has…
Hydroelectric power plants generated over 10% of total electricity production in Iran as consumption continues to rise, said the deputy for operation affairs at Iran Water and Power Resources…
Increasing the efficiency of power plants is one of the priorities of the Energy Ministry as construction of new power plants is much more expensive than raising the efficiency of the current…
To help address water shortages in Hormozgan Province, a water desalination unit is being completed in the village of Ziarat in the central district of Bandar Lengeh, managing director of the…
To reduce demand for fresh water in the arid province of Isfahan, an agreement was signed on Tuesday between the National Water and Wastewater Engineering Company of Iran (Abfa) and Isfahan…
As OPEC and its allies make their deepest cuts yet to crude production, Norway’s giant Johan Sverdrup oil field is exporting more than ever before. Crude loadings from the field are set at a…
India, the third-biggest oil consumer, expects fuel demand to return to normal earlier than projections by the International Energy Agency and OPEC.
Studies are underway to redesign gas turbines in power plants so that gas condensate can be used as feedstock instead of natural gas, a deputy energy minister said. “Our engineers and…
Tehran Province Water and Wastewater Company plans to build wastewater treatment plants in some districts, the managing director said. “A memorandum of understanding was signed with the Tehran…
The International Court of Arbitration (ICA) announced its verdict over the Iran-Turkmenistan gas row. IRNA said based on information from the Oil Ministry and the National Iranian Gas Company…
A second wave of Covid-19 infections in China’s capital is threatening to depress the nation’s appetite for American oil just after a pick-up in purchases. Signs of weakening demand from the…