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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April 07,2019Weeks after Norway’s government proposed that the country’s $1-trillion fund divest from pure exploration and production oil companies, the cabinet said that it will allow the world’s biggest... -
April 07,2019Gasoline consumption between March 20 and April 5 -- marking the Norouz (Persian New Year) holiday season -- hit a new record at 1.85 billion liters, showing a 1.9% rise compared to the same period...
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April 07,2019Flooding during the past three weeks in the west and southwest of the country has not disrupted crude oil production in joint oilfields with Iraq, managing director of Petroleum Engineering and...
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April 07,2019Iraq will continue to import gas and electricity from Iran until power plants and gas fields in the country become self-reliance, the Iraqi Minister of Electricity Louay al-Khateeb said at the...
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April 07,2019After Texas pushed the United States over the last decade to become the world’s biggest oil producer last year, the heart of the shale revolution is starting to show fatigue.
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April 06,2019The oil market has all but forgotten last year’s price crash.
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April 06,2019The US is overwhelmingly likely to fail in its attempt to completely halt Iran's oil exports, analysts told CNBC, with President Donald Trump eager to avoid rising gasoline prices ahead of...
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April 06,2019Oil Minister Bijan Namdar Zanganeh said on Saturday negotiations are underway with an Indian consortium led by ONGC Videsh Ltd, the foreign investment arm of India’s Oil and Natural Gas Corp. to...
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April 05,2019Installed power generation capacity will reach 85,000 megawatts by the end of the current fiscal (started March 21), head of Thermal Power Plants Holding Company said. "Almost 1,100 MW of new...
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April 05,2019Renewable energy demand and capacity are growing explosively.
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April 05,2019A proposal by the Energy Ministry to raise water and electricity tariffs by 7% was ratified by the Cabinet. The new rates will go into effect on April 21, Barq News reported.
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April 05,2019Japan's Tokyo Gas said on Friday it has signed a heads of agreement with Royal Dutch Shell for 500,000 tons per year of liquefied natural gas, with the purchase based partly on a coal-linked...
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January 26,2019Supplying water to Semnan Province from the Caspian Sea for drinking purposes is justified as long as it conforms to environmental regulations, says the head of the Department of Environment. "The...
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March 18,2019Iran’s petrochemical output in 2014 was 56 million tons and reached 64 million tons last year. Come 2021 production will surpass 94 million tons. Five years ago, petrochemical trade in domestic...
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March 18,2019Oil refiners are getting ready for a boom. The plants in Europe and the US are scaling back planned maintenance later this year in anticipation of a surge in demand and fatter margins as the...
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March 18,2019Pipe laying to expand crude oil and derivatives supply is expected to be completed soon, chief executive officer of the National Iranian Oil Refining and Distribution Company said. "The 400-km...
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March 18,2019OPEC is set to scrap its planned meeting in April and decide instead whether to extend oil output cuts in June, when the market will be able to assess the full impact of US sanctions on Iran and...
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March 18,2019Oil Minister Bijan Namdar Zanganeh said the National Iranian Oil Company will start exporting crude from the port of Jask in southern Hormozgan Province in 2021. "NIOC will start using Jask Oil...
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March 16,2019Total precipitation since Sept. 23, when the current water year started, shows a 122% rise compared to the corresponding period last year, reducing to some extent the huge water deficit throughout...
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March 17,2019The UK’s crude oil loadings remained below 800,000 barrels per day for the third month in a row in February, while authorities expect Britain’s crude production to decline through at least 2024,...
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March 17,2019Pipe laying work to connect South Pars Gasfield onshore refineries in Asalouyeh to the ninth Iran Gas Trunkline (IGAT-9) is almost complete. According to Shana, the Oil Ministry news portal, the...
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March 17,2019Energy Minister Reza Ardakanian on Sunday broke ground for three desalination units in Bushehr Province off the Persian Gulf as part of plans to provide the southern province with potable water. "...
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March 17,2019Investments needed to ensure stability in the global oil industry are returning after a downturn, but the pace is still slow, OPEC Secretary General Mohammed Barkindo said.
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March 17,2019Four phases of the giant South Pars Gas Field off the Persian Gulf were officially launched Sunday in the presence of President Hassan Rouhani and Oil Minister Bijan Namdar Zangeneh. Speaking at...
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March 16,2019The Petrochemical Research and Technology Company has started providing domestic petrochemical companies with SAC500 catalyst to augment production of value-added goods, the managing director said...
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