The relocation of Tehran Oil Refinery is a costly venture and the implementation of such a major project is next to impossible at least in the near future, deputy interior minister and head of…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Iran and Russia have agreed to improve collaboration in the development of energy sector in Iran.
At least 210 cities will encounter heightened water tension between June and September, director of the National Water and Wastewater Engineering Company of Iran (Abfa) said. “In 7,000 rural…
The development of petrochemical industry will help reduce crude sales, produce value-added products from hydrocarbon resources and generate higher revenues for the country, director of planning…
OPEC+ stuck to its plan to hike oil output in July, but Saudi Arabia’s energy minister kept the market guessing as to whether the group will add more supply later this year to keep pace with the…
The Iranian Central Oil Fields Company, a subsidiary of the National Iranian Oil Company, has launched operations to develop three gas fields in Fars Province, the managing director said.…
Iran exported more than $1 billion worth of polymer products in the last fiscal year (ended March 20, 2021), the head of Export Commission of the National Plastic and Polymer Industries…
A year after shuttering unprecedented volumes of crude, the OPEC+ alliance is expecting world oil markets to get acutely tight. The coalition led by Saudi Arabia and Russia believes that the…
Iran will have no difficulty finding customers for its oil. Oil Minister Bijan Namdar Zanganeh made the statement on Monday in Tehran in a ceremony to sign an agreement with five domestic…
Negotiations between the National Iranian Gas Company and Botas, Turkey's state oil and gas company, to renew a natural gas contract that expires in 2026, is underway, but no deal has been made…
Oil advanced in Asian trading with the market focused on an OPEC+ supply policy meeting early this week and any commentary around the prospect for returning Iranian supply.
Kermanshah Oil Refinery in the western namesake province is completing development plans in collaboration with the Research Institute of Petroleum Industry and using the institute’s indigenized…
Two large solar farms with a total capacity of 631 megawatts are under construction in Fars Province, the deputy governor of the province for Economic Affairs Coordination said. “The…
Straddling the joint border between Iran and Azerbaijan, Aras River has long been a source of livelihood for border dwellers and is a symbol of peace and friendship for the two countries.…
To help boost diesel production in compliance with Euro-5 emission standards at the Isfahan Oil Refining Company in central Isfahan Province, a diesel treatment unit was launched on Sunday,…
Petrofarhang Holding Company intends to increase methanol output capacity and complete methanol value chain to create added value by building new methanol units to produce polyolefins and…
The first phase of Khesht Oilfield development in Fars Province will go on stream in the summer, managing director of South Zagros Oil and Gas Production Company said on Sunday. "Phase 1…
Annual natural gas extraction from the giant South Pars Gas Field in the Persian Gulf has rocketed by a massive 2,000% over the last 18 years, the managing director of Pars Oil and Gas Company,…
Khorasan Petrochemical Company in North Khorasan Province plans to implement a development project for increasing output, managing director of the company said.
Oil prices pushed higher on Friday, taking Brent to near $70 a barrel as firm US economic data and expectations of a strong rebound in global fuel demand in the third quarter underpinned the…
Iran is cooperating with the member states of the Regional Center for Urban Water Management for upgrading urban water management, utilizing new technologies in water and wastewater fields and…
A total of 19 oil and gas fields, including 48 reservoirs, were discovered over the past eight years, said the head of Exploration Department at the National Iranian Oil Company.
While power consumption during peak hours rose by less than 5% between 2010 and 2020, Iran's peak demand jumped by 20% in the current fiscal year (started March 21), said a deputy manager at…
Iran may be holding as much as 69 million barrels of oil at sea, according to estimates from E.A. Gibson Shipbrokers Ltd., a London-based broker. It is hard to be sure exactly how big the…
A contract has been signed by Petropars Group and Dana Energy Company, based on which 10 new wells will be drilled in South Azadegan Oilfield in Khuzestan Province by Dana, the managing director…
