Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
July 21, 2023 17:55
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November 14,2018US shale may be the darling of the oil industry now, but the boom is not going to last, according to the International Energy Agency. -
November 14,2018Iran pumped around 3.29 million barrels per day in October, down from 3.45 million bpd in September, OPEC data shows. According to OPEC secondary sources, Iran's average crude output in Q3 was 3...
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November 14,2018The Thermal Power Plants Holding Company says it will shut decrepit power plants producing 1,200 megawatts amid a push toward efficient electricity production and investments in renewables, head of...
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November 13,2018To improve stability in power supply in Khuzestan Province and reduce outages, 12 gas-insulated substations will become operational soon, Khuzestan's governor general said. "Installing GIS systems...
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November 13,2018A liquefied natural gas cargo from the United States has arrived in China, the first such cargo since Beijing imposed a tariff on US imports, shipping data from Refinitiv Eikon showed on Monday.
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November 13,2018The Organization of the Petroleum Exporting Countries hasn't been effective in stabilizing oil prices, which have been more dependent on US shale production than the actions of the...
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November 13,2018As the world's third largest natural gas producer, Iran can expand its footprint in international markets by investing in major liquefied natural gas projects and consuming the natural resource...
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November 13,2018The second phase of Ghadir Water Supply Project was launched in Abadan on Monday. Completed at a cost of $38 million, it provides water from Karkheh River to Ghadir Water Treatment Plant and...
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November 13,2018OPEC will not respond to US pressure to lower oil prices but will seek to maintain a balanced market, UAE energy minister Suhail al-Mazrouei said Tuesday, after President Donald Trump warned the...
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November 13,2018Natural gas is expected to overtake coal as the world’s second largest energy source after oil by 2030 due to a drive to cut air pollution and the rise in liquefied natural gas (LNG) use, the...
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November 12,2018Gazprom said a Swiss court has issued an injunction blocking payments from the operators of the Nord Stream gas pipeline as part of a legal dispute between the Russian gas producer and Ukraine’s...
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November 12,2018Saudi Arabia is not preparing for a break up of OPEC and believes the group will remain the global central bank for oil for a long time, Saudi Energy Minister Khalid al Falih said on Monday.
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November 12,2018Renewable energy capacity will increase by 3,000 megawatts up until 2021, the energy minister said in a meeting with a visiting German economic delegation. Reza Ardakanian met Sunday with Sigmar...
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November 12,2018JXTG Holdings, Japan’s biggest oil refinery operator, is considering whether to resume Iranian oil purchases after Japan was granted a waiver from US sanctions targeting Iran, Senior Vice President...
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November 12,2018Oil prices jumped more than 1.5 % on Monday after top exporter Saudi Arabia announced a supply cut in December and other producers also considered reductions heading into 2019.
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November 12,2018Close to 13,000 megawatts of electricity generation capacity has been added to Iran's national grid with the help of private companies over the past decade, director of private power plant projects...
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November 11,2018A majority of OPEC and allied oil exporters support a cut in the global supply of crude, Oman Oil Minister Mohammed bin Hamad al-Rumhi said on Sunday.
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November 11,2018Not purchasing any oil from Iran for four consecutive months was not Seoul’s choice, it was indeed part of a strategy “premised on sagacity” to be able to win waivers from the United States, Ryu...
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November 11,2018Forecasts of a more extended November cold snap across the US sent natural gas prices to a near two-year high, as investors worry about rising demand at a time when supplies are at the lowest level...
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November 11,2018Prior to implementing the much talked about gasoline rationing system, Iranian people will be informed about the details, a government official said. "Nobody should be kept in the dark about new...
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November 11,2018Tabriz Petrochemical Company in East Azarbaijan Province will be connected to the West Ethylene Pipeline, a 1,200km pipeline that runs from Asalouyeh in the south to West Azarbaijan Province in the...
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November 10,2018Gas supply to thermal power plants has risen by 6.6% over the past seven months compared to last year, a deputy manager at the Thermal Power Plants Holding Company said. "Almost all (95.5%)...
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November 10,2018Turkey has been granted a waiver of around 25 % on US oil sanctions against Iran, Turkish Energy Minister Fatih Donmez said Friday, amounting to around three million tons of oil annually.
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November 10,2018Russian energy majors are putting pressure on western oil buyers to use euros instead of dollars for payments and introducing penalty clauses in contracts as Moscow seeks protection against...
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November 10,2018China has recently overtaken Japan to become the world’s biggest importer of natural gas and will likely keep that crown as pipeline and liquefied natural gas infrastructure grow, according to an...
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