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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December 21,2018Water is a heavily subsidized commodity in Iran and while urban consumers pay 43% of its real price, only 23% of the production cost is paid by consumers in rural regions, says the director of...
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December 21,2018The rise in ethane production in Iran over the last eight months has helped petrochemical plants raise their ethylene output by 420,000 tons – reaching about 7.7 million tons. According to Iran's... -
December 21,2018The United States has granted Iraq a 90-day extension to an exemption from reimposed sanctions on Iran to keep on importing energy, a government source said on Thursday.
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December 21,2018Installed power generation capacity has exceeded 82 gigawatts. According to Paven, The Energy Ministry news portal, thermal power plants account for 68,000 MW of the total. The website said gas-...
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December 19,2018Supplies of uranium, used to fire nuclear power plants, are becoming increasingly plentiful globally, threatening to make redundant Japan's long-standing policy of recycling spent nuclear fuel.
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December 19,2018The output of diesel compliant with Euro 4 and 5 standards has increased by 17 million liters per day, said the director of coordination and production supervision at the National Iranian Oil...
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December 19,2018Energy Minister Reza Ardakanian says smuggled air conditioners put an extra and unwanted burden on the electricity grid. "Close to one million air conditioners are imported [illegally] every year...
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December 19,2018Russian energy minister Alexander Novak expects his country's crude oil output in 2019 to be around 555-556 million tons (11.145-11.165 million barrel per day) but said this figure could be revised...
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December 18,2018A water conference opened on Tuesday at the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) to discuss ways and means for improving water productivity and management. The two-...
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December 18,2018Iranian Offshore Oil Company, a subsidiary of the National Iranian Oil Company, has signed contracts with three private companies to build six offshore vessels. "The ships, designed to serve...
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December 18,2018Head of exploration department of the National Iranian Oil Company said Monday cooperation with international companies on studying new oil and gas fields is underway and 13 fields were discovered...
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December 18,2018Global coal demand will edge higher until 2023 as growth in India and other Asian countries offsets a decline in Europe and the United States, the International Energy Agency said Tuesday.
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December 17,2018Iran's Persian Gulf Petrochemical Industries Company is undertaking nine petrochemical projects worth $8.5 billion, the company’s managing director said. "When completed in 2021, PGPIC output,...
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December 17,2018The number of new oil and gas projects will rise five-fold next year from a 2015 trough but overall spending is still unlikely to be enough to meet future demand, consultancy Wood Mackenzie said in...
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December 17,2018The cost of producing renewable energy in Iran, similar to many other parts in the world, has declined 2.5 times in two years, deputy energy minister, Seyed Muhammad Sadeqzadeh, said Sunday....
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December 17,2018The number of electricity meters in Iran has reached 35.5 million with 3.5 million new consumers having joined the national grid since 2015. According to ISNA, household, agriculture, and...
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December 16,2018Mexican President Andres Manuel Lopez Obrador detailed plans to “rescue” the national oil industry by boosting crude production at the state-owned oil company by 45% before 2025.
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December 16,2018Russia exported 36.65 million barrels less crude oil in the first ten months of the year, not least because of its participation in the OPEC+ pact to reduce global supply.
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December 16,2018After flooding the US market in recent months, Saudi Arabia plans to slash exports to the world’s largest oil market in the coming weeks in an effort to dampen visible build-ups in crude...
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December 15,2018Power consumption in Iran has risen by an average 5.5% per annum in the past 40 years – an increase over and above the population growth rate. The growing consumption has become a cause for concern...
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December 15,2018OPEC may be about to succeed by accident, again.
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December 15,2018Unipec, the trading arm of Chinese state oil major Sinopec and China’s largest buyer of US crude oil until recently, is set to resume purchases from the United States “very soon,” and volumes are...
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December 15,2018The National Petrochemical Company's revenues are estimated to exceed $12 billion by the end of the current fiscal in March, Behzad Mohammadi, the new head of NPC said Saturday. "NPC exported...
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December 15,2018Construction work on Hengam Combine Cycle Power Plant in southern Hormozgan Province is halfway through and its gas unit will come on stream next summer, director of the project Alireza Nasrollahi...
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December 14,2018Oman will cut oil output by 2% from January for an initial period of six months, according to a letter sent to customers of Omani oil by the country’s oil and gas ministry.
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