Shiraz Petrochemical Company in the southern Fars Province generated an operating income of $200 million in the first half of the current Iranian year (March 21-Sept. 22), which was 106% more…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Lack of investment has severely impaired the National Iranian Oil Company’s ability to process crude, which explains the firm’s declining refining capacity over the past eight years.
More than $130 million will be allocated to the power and water projects in Ardabil Province within three years to address electricity and water issues in the province, the energy minister said…
Precipitation in Tehran Province has plummeted by a massive 97% since Sept. 23 (beginning of the current water year), which is unprecedented in the last 50 years, deputy for water and hydropower…
Oil prices climbed on Monday, extending pre-weekend gains to hit multi-year highs as global supply remained tight amid solid fuel demand in the United States and elsewhere in the world, as…
Per capita gasoline consumption in Iran, with a population of 83 million, is above the global average. According to IRNA and based on data from the Oil Ministry and the National Iranian Oil…
Construction work to channel water from Zab River along the western borders to the troubled Lake Urmia in the northwest has registered 90% progress and is expected to come on stream in February…
Nearly $80 billion have been invested in the upstream sector of South Pars Gas Field in the Persian Gulf so far, but more is needed to complete the unfinished phases in the huge field, managing…
South Pars Gas Field’s products, including gas condensates, natural gas and derivatives, accounted for 50% of government revenues in 2020, the managing director of South Pars Gas Complex said.…
More than 32 million tons of various petrochemical products were produced in the first half of the current fiscal year in Iran (March 21-Sept. 22), the production control manager of the National…
In line with Iran’s move toward sustainable energy, solar power can assist its adoption of technological innovation and help generate employment.
The volume of natural gas consumed by 67 petrochemical companies in Iran is negligible compared to the industry’s revenue-generating potential.
OPEC+ compliance with oil cuts fell slightly in September, sources said, indicating that as the alliance raises production targets, some members are still falling short as they face challenges…
The project to build Astara Rubber Dam in Astara County, Gilan Province, has registered 53% physical progress while its construction started four years ago and was supposed to be completed in 18…
Oil prices hit their highest level in years on Monday, as demand recovers from the Covid-19 pandemic, boosted by more customers turning away from expensive gas and coal to fuel oil and diesel.…
Karkheh hydroelectric power plant in Khuzestan Province has gone off the grid because of water shortage, the head of the power station said.
The Persian Gulf Petrochemical Industries Company earned $2.4 billion from petrochemical export in the first half of the current Iranian year (March 21-Sept. 22), managing director of the…
Iran’s largest biogas power plant in South Wastewater Treatment Plant in the capital generates 9 million kilowatts of power per year, a deputy of Tehran Province's Water and Wastewater Company…
Water transfer from the Persian Gulf to Fars Province will address shortages in the industrial and drinking sectors, the energy minister said. “According to plans, about 400 million cubic…
An Iran-flagged supertanker on Saturday was about to set sail from Venezuelan waters carrying 2 million barrels of heavy crude provided by state-run oil firm PDVSA, according to documents seen…
The Department of Environment is averse to the burning of Mazut, the eco-unfriendly fuel, in winter in thermal power plants, as its drawbacks outweigh its advantages, director of DOE’s…
Failure to fully enforce spatial planning in Iran has not only brought the country to the verge of water bankruptcy but also had an array of catastrophic results, including the depletion of…
A total of 1,100 portable solar power stations will be delivered to nomadic households in Kohgilouyeh-Boyerahmad Province by the end of the current Iranian year (March 2022), managing director…
Iran's liquefied petroleum gas shipments are set to reach 440,000-450,000 tons in October compared with 556,000 tons exported in September, largely to Asia, and are expected to rebound in…
Currently, 2,646 CNG filling stations are operating in Iran and the number of vehicles with hybrid CNG engines has surpassed 4.119 million.
