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 29,2018Forecasting the future of the oil market is crucial, especially for countries where oil export is the lifeblood of the economy and budgets are constructed, deconstructed and reconstructed depending... -
December 29,2018Kuwait's new oil minister, Khaled Al-Fadhel, has pledged an ongoing commitment to OPEC's production cuts in his first statement to the Kuwait News Agency after being appointed last week.
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December 29,2018The Iranian Oil Pipeline and Telecommunication Company's Tehran office annually supplies over 45 billion liters of crude and petroleum products to the northern provinces, the managing director of...
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December 29,2018Proposals for the development of the second and third phases of Kish gas field, the second largest in the Persian Gulf after South Pars, is being reviewed and the outcome will be announced in due...
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December 28,2018Imports of Iranian crude oil by major buyers in Asia hit their lowest in more than five years in November as US sanctions on Iran’s oil exports took effect last month, government and ship-tracking...
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December 28,2018Cold weather and China’s consistent gasification efforts pushed liquefied natural gas imports into Northeastern Asia to a record-high, Reuters reports.
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December 28,2018Stable supply of natural gas as feedstock to petrochemical plants will continue as schedule, production manager of the National Petrochemical Company said. "Unlike last winter when some...
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December 28,2018Iran and Iraq signed a memorandum of understanding for boosting energy collaboration and renovating Iraq’s power infrastructure. The agreement was reached after two days of talks between Iran’s...
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December 26,2018National Iranian Gas Company has met all its financial commitments to help the Education Ministry renovate schools in the deprived regions, the company's financial manager said. "NIGC paid $96...
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December 26,2018Experts say expanding the renewable energy sector in water-stressed regions is one viable alternative for farmers who have very little water and suffer due to crop losses and failures in recent...
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December 26,2018Russian Energy Minister Alexander Novak said on Wednesday that oil prices, which fell by more than a third this quarter, would become more stable in the first half of 2019.
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December 26,2018As per the 2019-20 fiscal budget bill, a barrel of crude is calculated at $54, Oil Minister Bijan Namdar Zanganeh told the ministry’s website Shana on Wednesday. “The government is doing its best...
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December 25,2018Oil prices plunged more than 6% to the lowest level in more than a year on Monday, pulling back sharply late in the session as fears of an economic slowdown rattled the market.
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December 25,2018Two Iranian and Chinese companies are moving ahead with the development of Abadan Oil Refinery, Iran's oldest crude processing facility in oil-rich Khuzestan Province, said the managing director of...
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December 25,2018With a population of 80 million Iran’s daily gas consumption at 700 million cubic meters exceeds that of the 28-nation European Union, which consumes a total of 500 mcm per day, National Iranian...
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December 24,2018There is no funding constraint to developing phases 13 and 22-24 in South Pars Gas Field in the Persian Gulf, managing director of Pars Oil and Gas Company said. "The Majlis has authorized the...
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December 24,2018Development of Tous gas field in northeastern Khorasan Razavi Province will help lift the regional economy and help stabilize energy supply to the northern and eastern areas, said Ramin Hatami,...
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December 24,2018OPEC and allied oil producers are ready to hold an extraordinary meeting and will do what is needed if the current cut in oil output by 1.2 million barrels per day does not balance the market next...
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December 24,2018Installed capacity of power substations, including transmission and distribution, has reached 107,000 megavolt ampere (MVA). According to Paven, the Energy Ministry's news portal, the national...
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December 23,2018Power wastage in Isfahan Province has fallen from 7.8% last year to 6.6%, said the managing director of Isfahan Province Electricity Distribution Company. Electricity supplied from production...
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December 23,2018OPEC and its allies have formalized their production quotas under their new supply deal, with Saudi Arabia, the world's largest crude exporter, committing to a 322,000 bpd cut from its October...
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December 23,2018Raising production from the South Azadegan Oilfield in Khuzestan Province with the help of skid-mounted processing units and mobile oil treaters is a priority of the Petroleum Engineering and...
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December 22,2018Bandar Abbas Wastewater Treatment Plant expansion and repairs will be over by the end of the current fiscal in March, said the managing director of Hormozgan Water and Wastewater Company. “First ...
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December 22,2018Contrary to initial reports that OPEC will not make public the country quotas in the new production cut deal, the organization now plans to publish a table of each OPEC and non-OPEC individual...
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December 22,2018The National Iranian Drilling Company, a subsidiary of National Iranian Oil Company, undertakes most drilling operations across the country and drilled 4,489 onshore and offshore oil and gas wells...
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