The diesel treatment unit of Isfahan Oil Refining Company in Isfahan Province will become operational within the next two months, the managing director of the company said. “Costing $600…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Bandar Imam Petrochemical Company in Mahshahr, Khuzestan Province, has raised its output in the first 80 days of the current Iranian year (March 21-June 8). BIPC produced more than 777,000 tons…
Interacting with neighbors within the framework of bilateral agreements and building technical and diplomatic cooperation are Iran's declared policy regarding trans-border rivers and shared…
The ninth refinery of the South Pars Gas Complex is almost self-sufficient in the manufacture of equipment and parts used in the refinery, the deputy director of the complex said.
Oil prices drifted higher on Wednesday, anticipating a report of low US oil stocks, while expectations of solid demand in the upcoming driving season also lent support. Brent crude futures for…
Power consumption in Iran was near 60 gigawatts on June 6, which is unprecedented for this time of the year, spokesman of the electricity sector said. “The figure reached 59,892 megawatts on…
With the completion of the second phase of Zanjan Wastewater Treatment Plant in October, it will cover 410,000 people in the northwestern city, the head of provincial water company said. …
Iraqi debts to Iran for electricity and natural gas imports has surpassed $5 billion, a board member of the Iranian Oil, Gas and Petrochemical Exporters Association said. “Iraqi officials claim…
Iran continued to export more than 1 million barrels of oil per day in the first two months of the current Iranian year (March 21-May 21), which is 40% higher than what Iran sold in the same…
As long as fossil fuels, such as natural gas, are heavily subsidized in Iran, clean energy will not get the space it deserves, a member of Iran Renewable Energy Association (IrREA) said. “…
Oil futures gained on Monday, with Brent rising above $120 a barrel after Saudi Arabia raised prices for its crude sales in July, signaling tight supply even after OPEC+ producers agreed to…
Karoun Petrochemical Company and the Boss Pool Company from Bosnia-Herzegovina have signed an agreement to collaborate in the field of petrochemicals.
Plans to change working hours in state-run offices during the hot season to avoid power outages have been implemented in southern provinces and northern parts will also join the scheme soon, the…
Natural gas supply to power plants has risen by 160% since March compared to January when it dropped under 100 million cubic meters per day, the head of the National Iranian Gas Company’s…
Tehran and Baku have signed a memorandum of understanding to increase the volume of gas swap from Turkmenistan to the Republic of Azerbaijan via Iran. Iranian Oil Minister Javad Owji signed the…
Iran has achieved self-sufficiency in the production of transformer oil and talks are underway to sell the product in international markets. Behzad Zahiri, managing director of Iran Transfo…
The Oil Ministry’s proposal to spike natural gas tariffs in the household sector is expected to be ratified by the Cabinet, based on which the vital commodity’ price will rise by 40%, the oil…
The executive operation of constructing the largest Iranian factory to manufacture solar cells has started in Mahan County, Kerman Province, the representative of Kerman and Ravar in the…
The OPEC+ coalition will likely hold firm to its oil production plans this week, even as the European Union moves to sanction group member Russia, delegates said. Global oil supply…
The first 183-megawatt gas unit of Aryan Power Plant in Zanjan Province was linked with the national power grid on Tuesday, the energy minister said. “Costing $300 million, close to 2.1 million…
The production of 1 ton of steel in Iran requires 800 kilowatt hours of electricity, which is 62% higher than the global average. Based on data from academic studies, the average power…
Oil prices extended gains on Tuesday after the EU agreed to slash oil imports from Russia, fueling worries of a tighter market already strained for supply amid rising demand ahead of peak US and…
The development of two wells at the Mansouri Oilfield in Khuzestan Province is complete, said the managing director of Oil Industries' Engineering and Construction Group, contractor of the…
Statistics show that since the beginning of the current water year (Sept. 2021) until May 28, the total volume of water stored in dams across Iran has reached 27.6 billion cubic meters, which…
Surveys conducted by foreign research centers in collaboration with domestic firms have shown that diverting water from the Caspian Sea in the north to Lake Urmia, Iran's largest salt lake in…
