Oil prices rose for a second session on Friday as the prospect of lower exports from Russia offset rising inventories in the United States. Brent crude futures rose 66 cents, or 0.8%, to $82.87…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Since the beginning of the current Iranian year’s cold seasons (started Sept. 23, 2022), nearly 7 billion liters of liquid fuel have been delivered to power plants across Iran via tanker trucks…
The first filling of Chamshir Dam in Gachsaran County, Kohgilouyeh-Boyerahmad Province, has started, director of the project said. “We have made use of all the observations and suggestions in…
The third steam unit of Urmia Combined-Cycle Power Plant in West Azarbaijan Province has been connected to the country's national electricity network, increasing the total capacity of the plant…
Sabalan Petrochemical Company in Asalouyeh, Bushehr Province, has started using domestic methanol catalyst in the company's synthesis reactors, the managing director of the company said. …
Oil prices fell for a third trading session on Wednesday on expectations the US Federal Reserve will indicate later in the day that interest rates are set to rise more, stoking concerns of lower…
Iran's potential to harness renewable energy, including solar and wind power, can help curtail natural gas consumption by a massive 70 billion cubic meters annually, Iran Renewable Energy…
A total of 252 wastewater treatment plants with a capacity of 5.7 million cubic meters per day are operating in different parts of Iran, the deputy for supervision and planning at the National…
The European Union's sanctions against Russia, following its invasion of Ukraine, have turned out to be a blessing in disguise for Iranian gas turbine manufacturers not only to share their…
Decisions by OPEC+ are not politicized and are based on market fundamentals, Saudi Arabian Energy Minister Prince Abdulaziz bin Salman said on Monday, adding that the alliance of oil producers…
The large dams of Isfahan Province contain only 180 million cubic meters of water now, which is 74% less than the 50-year average, the director of operation and maintenance of water facilities…
The construction of phases 7 and 8 of Tehran’s South Wastewater Treatment Plant requires at least $700 million in investment, but the procrastination of agent banks in extending funds has…
Oil prices rose on Monday amid optimism over China's demand recovery, concerns that underinvestment will crimp future oil supply and as major producers keep output limits in place.
The Energy Ministry has launched several plans to increase Iran’s desalination capacity by at least 400,000 cubic meters per day in two years with the help of the private sector, the deputy for…
More than 85% of the chemicals and equipment used in Arvand Petrochemical Company in Mahshahr, Khuzestan Province, have been indigenized, the managing director of the company said. “The…
Water consumption in Tehran exceeded 46,000 liters per second on Thursday, which is equivalent to the consumption level in the hot days of summer. While water in Tehran dams is at its lowest…
The 13th governing board meeting of the UNESCO Regional Center on Urban Water Management for West and Central Asia will be held on Feb. 23 in Tehran, deputy director of RCUWM-Tehran said.
Although Iraq is in talks with international firms, such as Baker Hughes, Total Energies, Halliburton and Aramco, to implement oil and gas development projects in the west of the country, its…
Four petrochemical projects belonging to the Oil Industry Pension Funds in Asalouyeh, Bushehr Province, are underway and will be completed over the next two years, the head of the Board of…
The total capacity of renewable energy sources across Iran has increased by 1.29% in the first month of winter (Dec. 22, 2022-Jan. 20) compared to the previous month. With the launch of a…
A group of researchers at Khajeh Nasir Toosi University of Technology in Tehran has indigenized electric submersible pumps (ESPs) that will help raise crude output in Iran’s oilfields, the head…
Oil prices extend losses on Wednesday as a much bigger-than-expected surge in the US crude inventories and expectations of further interest rate hikes sparked concerns over the prospect of…
OPEC expects a slightly tighter global oil market than previously forecast as the group nudged up its demand estimate and trimmed its supply outlook. The Organization of Petroleum Exporting…
The project to transfer treated wastewater from Bojnourd County in North Khorasan Province to Khorasan Petrochemical Company will be completed by the end of September.
The export of liquefied petroleum gas had a 120% growth during the first nine months of the current Iranian year (March-December 2022) compared with the same period of last year, a member of the…
