The National Iranian Drilling Company drilled 11 gas and oil wells in the oil-rich regions of Iran during the first month of the current Iranian year (March 21-April 20), the deputy director of…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
The severe drought Iran experienced last year has continued in the current year (started March 21) and the two consecutive dry years have caused water levels in the dams to fall, said the…
The low density polyethylene unit of Bandar Imam Petrochemical Company in Khuzestan Province registered a production record in the last Iranian year (ended March 20, 2022). The LDPE unit of the…
Oil prices slumped to about two-week lows on Monday, extending losses from last week, as concerns grew that prolonged Covid-19 lockdowns in Shanghai and potential US rate hikes would hurt global…
Development plans at the Isfahan Oil Refining Company in central Isfahan Province are making headway to help the firm boost the production of crude oil derivatives compliant with Euro-5 emission…
The National Iranian Oil Company’s gasoline exports revenues decreased by 75% in 2021 compared to a year ago. The state-owned firm earned close to $3 billion in revenues by selling the fuel to…
Poor rainfall and growing population in recent decades have led to the reduction of Iran's groundwater reserves, such that the level of groundwater in alluvial aquifers has decreased by an…
Over 90% of the mechanical parts of Imam Khomeini Shazand Oil Refinery in Arak County, Markazi Province, have been indigenized, helping save $54 million since 2006, which would be needed to…
Although expansion of the privately-owned compressed natural gas industry can help curb gasoline consumption by 40 million liters per day, government negligence is pushing the CNG retail sector…
The National Water and Wastewater Engineering Company of Iran (Abfa) is willing to annually supply 50 million cubic meters of treated wastewater to Tehran Municipality for parks and green spaces…
The first well as a part of the development program of Forouzan offshore oilfield in the Persian Gulf has become operational, director of the field development project at the Iranian Offshore…
The construction of Iran’s first geothermal power plant in Meshkinshahr, Ardabil Province, has gained momentum as obstacles hampering the project, including financial disputes between the Energy…
The transformer of the first 162-megawatt gas unit of Mahtab Kavir Power Plant in Zarand County, Kerman Province, has become operational and the unit will be connected to the national…
Access to abundant oil and gas reserves is a unique advantage for the development of Iran’s petrochemical industry and Russian companies are welcome to use this opportunity and participate in…
Drilling operations to boost Jofeir and Sepehr oilfields’ production capacity in Khuzestan Province are being carried out by the private sector, deputy managing director of Pasargad Energy…
The National Iranian Oil Company generated $43 billion by selling oil and derivatives in international markets in 2021. Oil Minister Javad Owji made the statement on the sidelines of a ceremony…
To help meet growing power demand in summer, Iran Power Generation, Distribution and Transmission Company (Tavanir) is planning to import 600 megawatts of electricity per day from neighboring…
Water consumption in Tehran reached a peak of 3.2 billion liters per day between March 6 and April 16, up 90% compared with the same period of last year, the deputy for water and hydropower…
Iran has acquired the knowhow to repair different types and sizes of fully welded ball valves, managing director of the National Iranian Gas Company said. “The country is now among a few in the…
Hydropower plants are expected to generate more than 55,000 megawatt-hours of electricity on a daily basis between June and August that will be 20% more than last year’s output of 46,000 MW…
The number of electricity meters nationwide has soared by 1 million over the past 12 months to exceed 39 million, the energy minister said. “The total number of consumers in four sectors […
The new scheme for rationing gasoline based on the national code was carried out for two months without any problems on Kish Island in the Persian Gulf, secretary of the Supreme Council of Free…
The third phase of Ghadir Water Supply Project that is underway in Khuzestan Province has progressed by 53%, managing director of the National Water and Wastewater Engineering Company (Abfa)…
An estimated 359 billion kilowatt-hours of power have been produced over the last 12 months, of which 91% were generated in thermal power stations, director of planning at TPPHC said.
The new phase of a project to transfer desalinated seawater to central Iran for industrial use has registered 65% progress. The second phase of the project to divert water from the Persian Gulf…
