Oil slipped toward $61 a barrel on Monday, falling for a second day, pressured by expectations for a rise in US crude inventories and fading optimism over a US-China trade deal. US crude…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Total power production in the two East and West Azarbaijan provinces is 3,150 megawatts, of which barely 20 MW comes from renewables, operator of green energy power generation and…
Global markets are “awash” in crude thanks to the surge in US oil output, and the boom looks set to continue, US Energy Secretary Rick Perry said in a Bloomberg TV interview. US shale…
Transforming traditional wells into smart wells in Sabzevar, Khorasan Razavi Province, has helped reduce extraction of underground water by 20%, head of the provincial water company said.
In line with its environmental policy, Bandar Imam Petrochemical Company in southwestern Khuzestan Province has started a project to collect and recycle all its wastewater in a single unit that…
Wastewater Treatment Plant Number 2 in Shiraz, Fars Province, will start operation in December, managing director of Shiraz Water and Wastewater Company said. “With a capacity to treat 100,000…
Oil prices steadied Friday and were on track for strong weekly gains as support from a surprise draw in US inventories and possible action from OPEC and its allies to extend output cuts…
The first small-scale power plant with distributed generation system operated by the Khuzestan Regional Electric Company has joined the national electricity grid, the managing director said.
Denmark on Friday approved the permit for construction in Danish waters of the planned 10 billion cubic meters per year Baltic Pipe, which is designed to bring Norwegian gas via Denmark to…
A Majlis Research Center survey has revealed that total energy produced in Iran annually is equal to energy produced by burning 1.8 billion barrels of crude oil, of which 25% is consumed in the…
China continued to import crude oil from the US, Iran and Venezuela in September, but Asia's biggest energy consumer kept shipments from the three producers minimal due to the tariff and…
Projects costing $20 million have been undertaken in Qom Province in the last 12 months, deputy minister of energy said Wednesday.
The Persian Gulf Petrochemical Industries Company was ranked second in terms of capital spending on the list of major chemical companies in 2018 issued by the Independent Chemical Information…
US oil production is likely to peak in the next few years as current petroleum prices are capping the pace of expansion, Russian Energy Minister Alexander Novak said on Tuesday. The brisk…
Renewable power capacity is forecast to increase by 50% between 2019 and 2024, the International Energy Agency said Monday. According to its “Renewables 2019” market report, the increase will…
Export of oil derivatives from the Persian Gulf Star Refinery in the port city of Bandar Abbas topped $100 million in the past seven months, the managing director said. “An estimated 250,000…
Energy (oil and natural gas) produced in Iran per day is 9.5 million barrels of oil equivalent, of which 65% is consumed domestically. Ali Mobini Dehkordi, head of the Institute for…
Solar power generated by using domestically-made solar panels is purchased at higher prices, spokesman of the Renewable Energy and Energy Efficiency Organization (Satba) said.
Oil fell on Monday as concerns about economic growth combined with signs of ample global supplies pressured prices, outweighing bullish signals from Europe, where fears of an economically…
Wastage of power in the national grid dropped from 15.2% to 11.1% between 2013 and 2018 and by extension cut natural gas consumption in power plants.
Public opposition has forced the Norwegian government to scrap plans for large-scale onshore wind power development, Recharge News, the world’s leading provider of business intelligence for the…
A fire in a canal carrying waste from the Abadan Oil Refinery was doused without fatalities on Sunday. The plant’s fire department contained the fire and prevented it from spreading to other…
Gas production at one of the platforms of the giant South Pars Gas Field off the Persian Gulf, which had been damaged, has been fully repaired, the operations manager of Pars Oil and Gas Company…
Energy Minister Reza Ardakanian says Iran is willing to increase power exports to Afghanistan and also send experienced engineers to help rehabilitate that country’s broken power infrastructure…
Drawing parallels between average annual income in Iran and the neighboring states, some energy experts insist, rather strongly but strangely, that gasoline is indeed cheap in the country. They…
