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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July 02,2022Iran ranked third in terms of gas production last year, after the US and Russia, with 256.7 billion cubic meters, according to BP’s latest annual statistical review of world energy. The report... -
July 01,2022The government’s Economic Council has approved $4.4 billion worth of investment in three oil and gas development projects, the managing director of the National Iranian Oil Company said. “...
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July 01,2022A rise in Iranian oil supplies is what the global oil market needs now, as worsening energy security and market volatility will be a lose-lose game for all the sides involved, the oil minister said...
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July 01,2022Oil prices eased on Friday as lingering fears of a recession demand weighed on sentiment, putting the benchmarks on track for their third straight weekly losses.
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June 29,2022Urmia Lake’s water level is currently 1,270 meters, down 53 centimeters compared to last year’s level, the head of Integrated Water Resources Management Department at the Energy Ministry said. “...
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June 29,2022The executive work to transfer 200 million cubic meters of desalinated water per year from the Sea of Oman to Sistan-Baluchestan is underway, director general of the National Water Data said. “The...
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June 28,2022The urea and ammonia output of Lordegan Petrochemical Company in the southwestern Chaharmahal-Bakhtiari Province increased by 518% in the first three month of the current Iranian year (March 21-...
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June 28,2022The OPEC+ alliance of oil producers is running out of capacity to pump more crude, including its biggest member Saudi Arabia, according to Nigeria’s petroleum minister.
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June 28,2022The southern Hormozgan Province off the Persian Gulf accounts for 50% of desalinated water produced in Iran, the head of the provincial Water and Wastewater Company said. “Close to 41 desalination...
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June 28,2022Electricity consumption in Iran crossed 65,000 megawatts on Sunday, an alarming level for early summer, which is over 3,000 MW higher than on the same day (June 26) of last year. The power use has...
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June 27,2022Oil prices extended gains on Monday as investors stood on guard for any moves against Russian oil and gas exports that might come out of a meeting of leaders of the Group of Seven nations meeting...
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June 27,2022The state-run National Iranian Gas Company produced an estimated 232 billion cubic meters of natural gas in the last fiscal year (ended March 20, 2022), the head of NIGC said. “Of the output, 215...
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June 27,2022The development of Kharg Petrochemical Company, the only petrochemical producer on Kharg Island 25 kilometers off the Persian Gulf coast, is underway as planned, the head of the company said. “The...
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June 27,2022The sales of Bu Ali Sina Petrochemical Company in Mahshahr, Khuzestan Province, increased by 144% in the first three months of the current Iranian year (March 21-June 21) compared with the same...
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June 26,2022Iran Power Generation, Distribution and Transmission Company (Tavanir) is importing at least 700 megawatts of electricity per day from neighboring states, including Turkmenistan, Azerbaijan and...
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June 26,2022To help raise sulfur and food-grade carbon dioxide production at Shahid Hasheminejad Gas Processing Company in Khorasan Razavi Province, an acid gas enrichment (AGE) unit has come on stream in the...
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June 26,2022The production capacity of the high-density polyethylene unit at Ilam Petrochemical Plant in Ilam Province has increased by 10%, managing director of the company said. The HDPE unit, which was...
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June 25,2022The output of Ghadeer Petrochemical Company in Mahshahr, Khuzestan Province, increased by 46% in the first three months of the current Iranian year (March 21-June 21) compared with the same period...
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June 25,2022Natural gas will soon reach Chabahar Port in Sistan-Baluchestan Province, managing director of Iran Gas Engineering and Development Company said. Reza Noshadi added that the project to supply gas...
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June 25,2022A new 2.5-megawatt photovoltaic solar farm went on stream on Friday in Garizat rural district in Taft County, Yazd Province, raising PV capacity in the desert region to more than 60 megawatts,...
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June 25,2022Iran is ready to export technical and engineering services to Iraq and help the neighboring country develop its oil and gas industry, managing director of the National Iranian Oil Company said....
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June 25,2022The National Iranian Oil Company has boosted its crude oil refining capacity by 11 million liters per day in the last 12 months. According to IRNA and based on data from the Oil Ministry and the...
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June 22,2022The only incomplete phase of the South Pars Gas Field in the Persian Gulf, Phase 11, will start production in September, the oil minister said. Iranian experts and engineers are developing the...
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June 22,2022Oil prices dived more than $4 a barrel on Wednesday amid a push by US President Joe Biden to bring down soaring fuel costs, including pressure on the country's major energy firms to help ease the...
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June 22,2022The annual volume of natural gas loss in Iran's national grid caused by gas meter fraud is close to 2 billion cubic meters that can be easily avoided by replacing traditional meters with smart...
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