Energy

iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.

  • Construction of Bid Boland Gas Refinery in Khuzestan Province is almost complete and is expected to go on stream by the end of winter or early spring, the managing director said. “The mega…

  • Annual petrochemical revenues are expected to reach $25 billion in 2021. President Hassan Rouhani announced this on Monday addressing investors and businesses involved in the petrochemical…

  • Water is like a double-edged sword that can be a catalyst for peace, help countries build cordial ties and settle differences, but also can create conflicts leading to war. Energy Minister Reza…

  • Oil prices held on to three-month high on Monday, underpinned by optimism over an expected China-US trade deal and upbeat industrial data, while traders kept a close watch on the Middle East…

  • The plan to supply water from the Oman Sea in south  Iran to three eastern provinces will begin in February,  deputy director of Khorasan Razavi Regional Water Company said.

  • Iran's shipping fleet cannot get services (like bunkering) in international waters and ports from Jan 1 because the vessels have not been able to conform with the International Maritime…

  • Iran has 37,000 kilometers of high-pressure gas pipelines and more than 2,000 trucks to transport CNG, a large part of which need renovation, the manager for operations coordination at the…

  • Iran has enough potential to produce higher amounts of electricity from renewable sources while the current power output from it is less than 1,000 MW, vice president of Iran Electrical Industry…

  • The plan to transfer water from the Caspian Sea to the drought-hit Semnan Province will not see the light of day in the near future, not due to ecological concerns but because it is economically…

  • To boost output from the South Pars Gas Field, the third offshore deck of Phase 14 started natural gas production on Friday, the development manager said. “The new platform (14B) has added…

  • Oil prices rose on Friday, hitting three-month highs after data showed record online spending by US consumers even before the hoped-for end to the trade war between Washington and Beijing.

  • The Organization of the Petroleum Exporting Counters and its allies, known as OPEC+, may consider wrapping up their oil output reduction in 2020, Russian Energy Minister Alexander Novak said on…

  • With less than a week to go before the implementation of global low sulfur regime for bunker fuels, a large number of ship owners in the race to be compliant are offloading the ineligible grades…

  • In the framework of commitments to help protect the environment, an estimated 400,000 cubic meters of associated petroleum gas will be collected from Sa’adatabad Oil Field in Fars Province on a…

  • Construction of 11 inflatable rubber dams is underway in the northern province of Gilan to help the region's agriculture, the Energy Minister said Thursday.

  • Producing clean energy has helped reduce greenhouse gases by as much as 3,000 tons over the past eight months. Renewable energy sources in Iran (solar and wind power plants) generated over 350…

  • The National Iranian Gas Company is to invest $1.5 billion to complete the national gas grid in Sistan-Baluchestan Province, the managing director said. “Infrastructure is more than 76%…

  • Energy Minister Reza Ardakanian says enhancing water efficiency by 10% can go a long way in saving the rapidly shrinking precious resource.

  • Unprecedented volatility in the currency market over the last 15 months is adding financial pressure on private electricity producers and most are on the verge of bankruptcy, head of the board…

  • The Energy Ministry has 46 power, water and wastewater projects in cities and villages of Khorasan Razavi Province, the minister said Monday. “With $1.5 billion investment, the projects have…

  • Gasoline consumption in the eighth fiscal month that ended on December 22 was 75 million liters per day, data released by the National Iranian Oil Products Distribution Company show. …

  • Over 1,400 kilometers of rivers have been dredged since the beginning of the fiscal year in March to help prevent potential flooding, the managing director of Iran Water Resources Management…

  • The Tehran government’s protestations about fuel smuggling from the eastern and southern borders have become a permanent feature. So has the inability and unwillingness of those in charge to put…

  • The Energy Ministry can withdraw $280 million from the National Development Fund of Iran, the country's sovereign wealth fund, to finish incomplete water and power projects, the ministry's…

  • The deficit of groundwater reserves has surpassed 130 billion cubic meters, director of the National Water and Wastewater Engineering Company of Iran (Abfa) said. “Annual precipitation is in…