Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
May 28, 2023 17:55
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May 05,2023Oil prices rose in Asian trade on Friday, but were poised for a third straight week of losses after markets witnessed dramatic drops on fears of a weakening US economy and slowing Chinese demand. -
May 05,2023Five domestically-made reactors have been delivered to Dena Petrochemical Company in Asalouyeh, southern Bushehr Province, and seven more will be supplied by domestic manufacturers by the end of...
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May 05,2023The long-awaited Yasouj water treatment plant in Kohgilouyeh-Boyerahmad Province has started the supply of good quality drinking water to around 60,000 residents of the county, the head of the...
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May 05,2023Majlis Research Center, the influential research arm of the Iranian Parliament, says in a new report that land subsidence caused by overextraction from deleting groundwater resources is pushing the...
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May 03,2023Oil prices extended losses on Wednesday after plunging 5% in the previous session, as investors fretted about the health of the US economy ahead of an expected Federal Reserve interest rate hike...
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May 03,2023Although the National Iranian Oil Company has boosted its natural gas and crude processing capacity over the last two years, both oil and gas sectors are in dire need of further investment to...
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May 03,2023Shahid Tondgouyan Petrochemical Complex in Khuzestan Province increased its output last Iranian year (March 2022-2023) compared to the previous year. The production of the company reached 1,216,...
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May 03,2023In line with plans to revitalize and balance groundwater resources in Semnan Province, 302 wells were equipped with smart meters last Iranian year (March 2022-2023), deputy of protection and...
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May 02,2023Negotiations with Afghan officials to release Iran’s fair share of joint water resources has been a dismal failure and a change of policy and a stronger political leverage is needed to force them...
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May 02,2023The National Iranian Drilling Company has drilled 158 onshore and offshore oil and gas wells across Iran in the past 20 months. The length of the drilling operations reached 132,000 meters in the...
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May 02,2023The construction of Golestan Petrochemical Plant in Golestan Province, which has been halted for several years due to financial constraints, will resume soon. The executive operations to build the...
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May 01,2023Oil fell on Monday as concern over the economic impact of the US Federal Reserve potentially raising interest rates and weaker Chinese manufacturing data outweighed support from new OPEC+ supply...
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May 01,2023Ilam Gas Refining Company reduced its gas flaring last year (March 2022-23) by 33% compared to the previous year, the managing director of the refinery said. Referring to the major repair and...
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May 01,2023A total of 50 billion liters of crude oil and petroleum products were transferred via pipelines from Tehran to northern regions, namely Gilan and Mazandaran provinces in the last fiscal year (March...
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May 01,2023The executive operations of Namin Petrochemical Complex in Namin County, Ardabil Province, is almost complete, but its launch will depend on meeting environmental standards, the director general of...
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April 30,2023South Pars Gas Complex in Bushehr Province supplies 10,000 tons of ethane on a daily basis to petrochemical plants located in the region, the managing director of the complex said. Calling it the...
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April 30,2023Electricity consumption nationwide jumped to 49,000 MW on Saturday, up 8,000 MW compared with the same period in 2022 and this is while the hot season has not started yet. According to data from...
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April 30,2023To encourage private power producers, the Renewable Energy and Energy Efficiency Organization (Satba) has changed the previous model that guaranteed electricity purchase for 20 years, managing...
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April 29,2023In line with policies to shoulder its corporate social responsibility (CSR), the Oil Ministry is undertaking projects worth $600 million in western and southern oil-rich provinces, the oil minister...
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April 29,2023The volume of gas transmission across the country in the last Iranian year (March 2022-23) increased by 2% compared to the previous year, the managing director of Iranian Gas Transmission Company...
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April 29,2023As per the Cabinet directive issued in 2022, all state-run offices are obliged to generate 20% of their power via renewable energies, especially solar photovoltaic panels, as of June. According to...
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April 28,2023Several petroleum, power and water projects in Khuzestan Province were inaugurated on the weekend in the presence of President Ebrahim Raisi. A total of 15 oil and gas projects worth $3 billion...
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April 28,2023Executive operations for the construction of two chlorine production units have started in Khuzestan Province, the minister of cooperatives, labor and social welfare said. “The initiatives,...
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April 28,2023Operations to complete three artificial groundwater recharge projects in the drought-stricken South Khorasan Province have made 50% progress, the managing director of the provincial water and...
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April 26,2023Ground resources, including water tables and aquifers, in Iran are suffering from tremendous pressure as their share in the country’s annual water supply has surpassed a massive 55% or 55 billion...
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