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.
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iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
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…
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…
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.
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…
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…
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. “…
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…
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…
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…
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…
Construction of the first steam unit of Asaluyeh Combined-Cycle Power Plant has made 90% progress and is planned to come online by March.
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…
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…
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…
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…
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…
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 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”…
President Hassan Rouhani inaugurated three dams and an irrigation network in the northwestern Ardabil Province on Wednesday. Built at a cost of $30 million, the dams (Ahmadbiglou in Meshgin…
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…
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. Mehdi Jamshidi Dana…
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.
Two small-scale power plants with distributed generation system joined the national grid in Rafsanjan County, Kerman Province on Tuesday, managing director of the provincial electricity…
Based on the March 2020-21 budget bill, close to $160 million will be allocated to dam construction in the next Iranian year. This the amount, five times bigger than the Department of…
