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
  • CHP Plant Owners Say: Cogeneration Systems No More Viable
    Investing in combined heat and power (CHP) plants is no more economically feasible for the private sector, a board member of the CHP association said. “As per a new directive, the Energy Ministry...
  • Electrical Efficiency a Long Way Off
    An estimated 260 billion kilowatt hours of power is generated annually in Iran, of which 11% or 29 billion kWh is wasted during transmission to end-users and in power stations. From generation to...
  • Farmers Benefitting From Indigenized Drone Technology
    A private knowledge-based company has indigenized drones that assist farmers in a variety of ways, Energy Today website reported. Sabokbal Helia Aseman Company designs and manufactures...
  • Oil Slips Towards $65
    Oil slipped towards $65 a barrel on Friday as the threat of war in the Middle East receded and investors focused on rising US inventories and other signs of ample supply.   
  • UAE Says No Risk to Oil Flow
    The United Arab Emirates’ energy minister said on Wednesday he saw no immediate risk to oil passing through the vital gateway of the Strait of Hormuz after Iran attacked bases housing US forces in...
  • Hamedan Has a Functioning Wastewater Collection System
    Close to 95% of the population in Hamedan City is covered by the wastewater network and only a few suburban areas need to be linked to the network, the managing director of Hamedan Province Water...
  • 3 Key Sectors Cut Power Use in Summer
    Industries and the farming community helped curb power consumption (by turning off water pumps and machinery) in the hot season (June-August) by as much as 3,000 megawatts. As per a contract...
  • South Pars Output Up 7%
    To speed up gas production from South Pars Gas Field in the Persian Gulf, an offshore deck of phase 23 was linked to Iran Gas Trunkline (IGAT) on Tuesday, deputy operator of the phases said. “The...
  • Abfa Expanding Water Supply Network
    Iran’s water supply network stretches over 460,000 kilometers, but there still are 10,000 small towns and villages with no access to piped water, director of the National Water and Wastewater...
  • Maintenance and Repairs Add 620 Megawatts to Power Output
    Upgrading, repair and maintenance of thermal power plants added 620 megawatts to the total output since the beginning of the current fiscal (ends in March), an official at the Thermal Power Plant...
  • Local Firms Help in Completing 1,000km Oil Pipeline to Jask
    Manufacturing pumps to complete construction of the 1,000km pipeline to transfer oil from Goureh Oil Terminal in Bushehr Province to the port of Jask in Hormozgan Province is under way in PUMPIRAN...
  • Iran: 400km Gas Pipelines Laid in 8 Months
    Iranian Gas Engineering and Development Company, a subsidiary of National Iranian Gas Company, delivered  18 pressure stations and laid 400 kilometers of gas pipelines during the first 8 months of...
  • Oil Hits $70
    Oil prices rose a further 2% on Monday, pushing Brent above $70 a barrel, as rhetoric from the United States, Iran and Iraq fanned tensions in the Middle East after a US air strike which martyred a...
  • Asaluyeh Power Plant Steam Unit Ready by Spring
    Construction of the first steam unit of Asaluyeh Combined-Cycle Power Plant has made 90% progress and is planned to come online by March.  
  • Iran Catalyst Industry Focusing on Indigenization
    Isfahan Science and Technology Center has produced 20 catalysts used in oil, petrochemical and steel industries to help domestic manufactures reduce imports of such materials. Six catalysts are...
  • Private Power Producers in Iran Want a New Deal to Remain in Business
    Due to the near permanent fluctuations in currency rates in the last two years, power purchase contracts with private electricity producers need revision, says a board member of Rudshur Power Plant...
  • Water Desalination Taking Center Stage in Bandar Abbas
    The second development phase of Bandar Abbas water desalination unit in Hormozgan Province became operational on Thursday, managing director of the provincial Water and Wastewater Company said. "...
  • Shahroud Refinery Repaired
    Piroozi Oil and Gas Refinery in Shahroud County, 400 kilometers west of Tehran in Semnan Province, will resume operations next month after over three years of inactivity, the managing director said...
  • New Gas Boosting Pressure Stations for IGAT
    Eighteen gas boosting pressure stations in Fars, Lorestan, Semnan, Kurdestan and Bushehr have become operational since March 2019 to expand the Iran Gas Trunkline (IGAT), managing director of...
  • Oil Prices Could Make a Run at $80
    Oil prices could surge toward $80 a barrel if escalating geopolitical tensions disrupt Middle East crude supplies, analysts told CNBC on Friday, with energy market participants “on tenterhooks”...
  • Mahshahr Petrochem Plant Helping Tiremakers Reduce Polymer Import
    The second phase of Takht-e-Jamshid Petrochemical Plant in Mahshahr, Khuzestan Province, will be inaugurated in the coming days, managing director of National Petrochemical Company said. “The...
  • Oil Posts Biggest Yearly Rise Since 2016
    Oil prices fell 1% on Tuesday, the last trading day of the decade, but notched the biggest annual gain in three years, supported by a thaw in the prolonged US-China trade war and ongoing supply...
  • Liquid Fuel Export Comes to the Rescue
    Boosting output of petroleum products is a declared policy of the government and has generated $9 billion from exporting liquid fuels, managing director of National Iranian Gas Company said. This...
  • 3 Dams Open in Ardabil Province
    President Hassan Rouhani inaugurated three dams and an irrigation network in the northwestern Ardabil Province on Wednesday.
  • Household Gas Consumption in Iran Jumps 40%
    Household gas consumption reached 530 million cubic meters a day over the first 10 days (Dec. 22 – Dec. 31, 2019), dispatching director of National Iranian Gas Company said.  

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