Oil prices were steady on Monday as US-China trade tensions continued to threaten demand for oil, but tight crude supply and the swift end to a trade dispute between Mexico and the United States…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
The Energy Ministry has announced plans to reduce power consumption in the summer season when demand outstrips supply and phased blackouts become inevitable, Deputy Energy Minister Homayoun…
Gas recovery rate has risen by 2.2 million cubic meters a day in South Pars Gas Field's Phase 4. According to Shana, the Oil Ministry's news portal, in order to ensure stable gas supply…
Oil Minister Bijan Namdar Zanganeh said the government has exempted households and industrial gas subscribers in flood-hit areas from paying gas bills for 47 days.
Threatening the security of the Strait of Hormuz, a crucial shipping route linking Middle East oil producers to international markets in Asia, Europe, North America and beyond, can translate…
Iranians have developed a peculiar culture of consumerism during the past decades and that is why the country has been vulnerable to the unending US animosity and economic sanctions, the energy…
Mandatory use of fuel cards that will come into effect in two months but cannot curb gasoline smuggling unless each car owner is obliged to use his/her own card to fill up, the former head of…
Iran will stay in the Organization of the Petroleum Exporting Countries despite some of the member states hostility, the Oil Minister said. According to the parliamentary news website ICANA,…
Every year 50 billion cubic meters of water is extracted from groundwater sources in Iran, a water expert said.
The world’s appetite for natural gas grew at the fastest pace since 2010 last year, but that blockbuster growth is shifting into lower gear, according to the International Energy Agency.
The Persian Gulf Petrochemical Industries Company will continue its functions despite the new US sanctions on the petrochemical sector. Jafar Rabiei, managing director of PGPIC made the…
A fire broke that broke out at a petroleum storing facility in Shahid Rajaee port in southern Hormozgan Province on Wednesday has been extinguished. The inferno set off huge explosions as the…
Analyzing the amount of sulfur in Euro-4 diesel taken from 364 filling stations in 2018 indicated that only 40% of the fuel sold in the country complies with international standards, director of…
The 25th small-scale power plant in Zanjan Province with distributed generation system has joined the national electricity grid. With a capacity of 24 megawatts, the facility was built by a…
Saudi Arabia’s top oil official said he was sure that OPEC+ will extend production cuts into the second half of the year after holding talks with Russia. Ministers from the countries voiced…
Gas exports rose by 622 million cubic meters in fiscal 2018-2019 compared to the corresponding period last year. Data released by the National Iranian Gas Company news portal shows 38.6 mcm of…
Preliminary data released by Japan’s Ministry of Finance show that the country’s crude oil imports from Iran dropped 42% month-on-month to 169,100 barrels per day in April.
The five dams supplying water to Tehran have more water compared to the previous years; however, as the capacity of surface water pipelines is limited due to seepage and rusting infrastructure,…
Russia’s average daily oil output in May fell below its OPEC+ target for the first time this year after buyers refused to take exports via Druzhba, the nation’s key pipeline to Europe, because…
Electricity consumption peaked to 47,400 megawatts on Saturday – up 8% compared to the corresponding period a year ago, planning and economic affairs deputy manager at the state-affiliated Power…
Despite major obstacles the United States has created for Iran's energy customers, Iraq continues to purchase gas and electricity from Iran and pay for it. US sanctions on Iran’s banking…
Although refiners in Asia are not left without choice for crude after the end of the US sanction waivers for Iranian oil, the higher price of alternative supplies, as well as soaring fuel…
So long as national interest is sacrificed at the altar of self-interest, water-related challenges cannot and will not be addressed, a deputy energy minister in the National Water and Wastewater…
In a meeting with Energy Minister Reza Ardakanian in Tehran, Tajikistan’s Foreign Minister Sirodjidin Mukhriddin called for strengthening cooperation between the two sides.
Oil slumped over 3% on Friday and posted its biggest monthly drop in six months, after US President Donald Trump stoked global trade tensions by threatening tariffs on Mexico, a key US trade…
