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
  • Bushehr Wastewater Network 80% Complete
    So far $14 million have been spent on building the wastewater network in Bushehr, capital city of Bushehr Province and the project has made 80% progress, managing director of Bushehr Water and...
  • South Pars Output to Surpass 670 mcm/d by March
    The last offshore deck of Phase 14 (14D) was installed on Saturday to boost output from the South Pars Gas Field,  the development manager said. “As soon as hookup operations are over, the new...
  • Tehran Solar Power in Expansion Mode
    Two solar power plants in Rey and Damavand counties of Tehran Province were inaugurated Tuesday. A 12.7 megawatt solar power plant in Shahr-e-Rey City in the south and an 8.4 MW photovoltaic power...
  • Water Quality Improves Further in South Tehran
    The second phase of Tehran's seventh water treatment plant (Mamlou Treatment Plant) became operational, managing director of Tehran Province Water and Wastewater Company said. It will help improve...
  • OPEC+ Mulls Advancing Meeting Date
    A coronavirus-triggered 10% fall in crude oil prices over the last two weeks has shaken some OPEC countries --- including kingpin Saudi Arabia --- to the realization that waiting until March 5-6,...
  • Oil Drops Below $60 as China Virus Drives Demand Concern
    Crude prices extended declines on Monday, dropping below $60 for the first time in nearly three months as the death toll from China’s coronavirus rose and more businesses were forced to shut down,...
  • Kish to Host Domestic Petrochem Expo
    Kish Island in the Persian Gulf will host a conference and exhibition on supporting domestic petrochemical industries and will focus on Persian Gulf Petrochemical Industries Company  The Feb 16-18...
  • Contingency Plans Crucial in Flood Risk Management
    Timely and effective flood mitigation strategies help in saving precious lives and minimizing material loss, director of the National Water and Wastewater Engineering Company of Iran (Abfa) said “...
  • NIGC Indigenizes 25 MW Gas Turbine
    The National Iranian Gas Company has indigenized a gas turbine for use in domestic gas pressure stations, head of the company’s research department said. "The 25 megawatt gas turbine was designed...
  • Iraq Buying Iran Gas, But Not Paying
    Oil Minister Bijan Namdar Zanganeh says Iraq does not pay for Iranian natural gas imports. “They (Iraqis) do not pay us (Oil Ministry) any money for the gas they import,” Zanganeh was quoted as...
  • IMO 2020 Preparations Paid Off
    International Bunker Industry Association (IBIA) visited various shipping and bunker participants in Copenhagen earlier in January and said players reported "a surprisingly smooth transition" to...
  • Isfahan Refinery Opens Sulfur Granulation Unit
    Isfahan Oil Refining Company in central Isfahan Province has launched a sulfur granulation unit with a capacity of 300 tons a day. This is in line with policies to reduce environmental pollution...
  • Top Oil Driller Reports on Nationwide Performance
    The National Iranian Drilling Company has drilled and repaired 96 onshore and offshore oil and gas wells since March 2019, the company’s deputy managing director for drilling affairs said. "With...
  • US Penalties ‘Have Not Deterred Much’ of Sino-Iran Oil Trade
    Newly announced US sanctions aimed at harming petroleum and petrochemical trade between Iran and China will not substantially impact China's status as the top importer of Iranian crude, analysts...
  • Abfa Chief: Need for Avoiding Water Tensions
    From the foothills of the Taurus Mountains in Turkey where the Tigris and Euphrates rivers are fed to the desert Wadis on both sides of the Nile, the history of water conflicts provides a...
  • Iraq to Award Gas Exploration Contracts
    As it struggles with its energy needs, Iraq is set to hold a fifth bidding round for exploration and development of natural gas fields in an eastern province of the country.   
  • Hamedan Expanding Green Energy Footprint
    A new photovoltaic power station in Hamedan Province was synchronized with the national power grid on Thursday.  
  • Harnessing APG Helps Kish  Power Plants Cut Diesel Use
    With the aim of developing power generation, approximately 2.3 billion cubic meters of associate petroleum gas has been harnessed from Sirri Island oilfields in the Persian Gulf for power plants in...
  • BP Quits Iraq’s Kirkuk Oilfield
    UK-based supermajor BP has withdrawn from the Kirkuk oilfield in northern Iraq after its field study contract expired, and no deal was signed for a potential expansion, likely because of...
  • Iranian Refineries Prepare for Supplying IMO-Compliant Shipping Fuel
    To help improve the quality of low-sulphur fuels and its compliance with the International Maritime Organization’s new rules (sulphur content no more than 0.5%) took effect on Jan 1, a refinery...
  • NPC Says Domestic Market Is a Priority
    Petrochemical companies in Iran can export only after domestic needs are met, managing director of the National Petrochemical Company said. Referring to the NPC’s support for downstream industries...
  • Zanganeh Proposes Motorbike’s Fuel Conversion to CNG
    To curb air pollution and reliance on fossil fuels, Iran’s Oil Minister Bijan Namdar Zanganeh has set forth a plan to convert carbureted motorcycles into using compressed natural gas (CNG). There...
  • Oil Declines as Surplus Forecast Counters Libya Worries
    Oil prices eased on Wednesday, extending declines as the International Energy Agency forecast a market surplus in the first half, helping ease concerns about disruptions that have slashed Libya’s...
  • Hydropower Gets a Shot in the Arm
    Heavy rains from the beginning of the current water year in September have significantly boosted water levels in hydroelectric dams. Dams across Iran can hold a maximum of 50 billion cubic meters...
  • Gas Supplies in Iran at Record Highs
    Natural gas supply has increased by 75 million cubic meters a day since Nov 2019, dispatching director of the National Iranian Gas Company said. “NIGC is now delivering 850 mcm of gas per day...

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