Energy

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

Oil Prices Tick Up
Oil Prices Tick Up
July 21, 2023 17:55
  • Plan to Use Debit Cards to Buy Fuel Suspended
    So long as gasoline is not rationed, the plan to use bank debit cards as fuel cards is pointless and will not be implemented for now, the National Iranian Oil Products Distribution Company...
  • PV Station for Khorasan Razavi Province
    A 5 megawatt photovoltaic power station was connected to the national power grid in Khorasan Razavi Province. Built over 11 hectares in the deprived border town Khaf, it is the 11th solar farm in...
  • Brent, WTI Regain Little Ground
    Oil prices on Wednesday regained little ground lost in the previous session, weighed down by industry data suggesting US crude inventories fell less than expected.   
  • Export of Refined Products Can Help Skirt Sanctions
    Increasing crude oil refining capacity can be seen as a viable option to help evade US sanctions in the short term, says a senior consultant and manager for the Middle East oil research department...
  • Knowledge-Based Start-Ups Help Assuage Water Problems
    Iran has great potential for leading the water sector entrepreneurship in the region, co-director of Cewas, a Swiss non-profit association involved in improving business practices in water and...
  • Iran Oil Ministry Getting a Raw Deal
    The Oil Ministry is at the forefront of fighting the US sanctions, but some power circles criticize it under the name and banner of protecting national interest. Adding to the plight and pressure...
  • Consumption Challenging Capacity
    Energy consumption and wastage have overtaken production and supply and Iran could become an energy importer despite its abundant energy resources, managing director of the Industrial Management...
  • Oil Prices Lower as China GDP Growth Slows
    Oil prices slipped on Monday after China posted its slowest quarterly economic growth in at least 27 years, reinforcing concerns about demand in the world’s largest crude oil importer.  
  • Crypto Mining Plus Side
    Legalizing cryptocurrency mining would help the power sector, head of the board of directors of the  Power Generation Companies Syndicate said Monday. "Unlike the common belief that cryptocurrency...
  • Biggest Change in Oil Market 6 Months Away
    Tens of thousands of ships sailing the world’s oceans burn more than 3 million barrels of sludge-like high-sulfur fuel every single day. But, starting next year, the shipping industry will have to...
  • Fuel Prices May Rise Next Year
    The plan to resume the use of fuel cards by car owners will come into effect in August with the aim of curbing fuel smuggling that has taken a turn for the worse over the past months.  As per a...
  • 2 Steam Units Added to Shirvan Power Plant
    Two steam units of Shirvan Combined Cycle Power Plant in Shirvan County, North Khorasan Province, were launched Sunday in the presence of President Hassan Rouhani.  
  • PET Market Stable
    The local PET market has stabilized as the supply has increased compared to last year, secretary general of the Association of Petrochemical Employers Unions said. Speaking about polyethylene...
  • A Long Way Ahead
    The Renewable Energy and Energy Efficiency Organization—a subsidiary of the Energy Ministry also known as Satba—was founded to help promote green energy but has failed in its mission, said an...
  • Tehran Water Consumption Breaks Record
    Tehran recorded the highest daily water consumption in its history last Friday, the managing director of Tehran Province Water and Wastewater Company said. "Water consumption in the megacity...
  • Analyst: Censuring Oil Ministry Will Not Help
    So long as Tehran is grappling with the unending and hostile US economic sanctions, criticizing the government, especially the Oil Ministry and its subsidiaries, is not called for because it will...
  • Iraq Private Sector Holds Energy Talks in Tehran
    The National Iranian Gas Company and its affiliates are capable of playing a role in Iraq's untapped natural gas market. Morteza Bahiyeh, head of Iraq's Babil Province Chamber of Commerce and...
  • South Pars Phase 14 Shares Progression Report
    To further boost output from South Pars Gas Field in the Persian Gulf, the third offshore deck of the field’s Phase 14 was installed on Saturday, the development manager of the phase said. “After...
  • Dilemma of Illegal Water Wells
    One major issue in water management in Iran is the exploitation of groundwater resources, and an important measure taken in this regard is the unending struggle against illegal water wells.  The...
  • Infrastructure Development to Boost Azadegan Crude Output
    Petroleum Engineering and Development Company (PEDEC) is developing the infrastructure to increase crude output from South Azadegan Oilfield in the oil-rich Khuzestan Province. According to IRNA,...
  • China’s Fight Against Pollution to Generate Billions in Solar Income
    China’s efforts to reduce some of the world’s worst air pollution are having a bonus positive effect, as they are improving the country’s potential to generate solar power by allowing more sunlight...
  • Dehloran Gas Processing Plant on Track
    NGL 3100, an under-development gas venture to collect and process associated petroleum gas from oilfields in Ilam and Dezful, will be fed with as much as 6 million cubic meters of gas per day, the...
  • IEA Sees Oil Market Oversupply in 2019
    Surging US oil output will outpace sluggish global demand and lead to a large stocks buildup around the world in the next nine months, the International Energy Agency said on Friday.   
  • Iran's South Pars Non-Oil Exports Rise 23%
    Non-oil exports from South Pars Gas Field off the Persian Gulf in the third month of the fiscal year (May 22-June 21) showed a 23% increase in volume compared with the same period of last year, the...
  • The government is now confident that transferring water from the Caspian Sea to Semnan Province is the best alternative to help fight drought in the central plateau, the managing director of Iran...

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