Projects to connect more urban and rural households plus industries to the national gas grid in Sistan-Baluchestan Province will be accelerated with new investments in the range of $800 million…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
The efficiency of thermal power plants improved 2% in 2020 to reach 40% and cut natural gas consumption (feedstock) by two billion cubic meters, managing director of Iran's Thermal Power Plants…
Lack of sustainable and long-term planning to combat water shortage can lead to serious consequences, the UNICEF representative to Iran said.
A project to produce catalysts used in polypropylene and high-density polyethylene will be launched at the Arak Center of the Petrochemical Research and Technology Company, Markazi Province, in…
Construction of a wind farm in Mil-e-Nader Wind Farm zone in Zabol, Sistan-Baluchestan Province, has gained momentum as 10 more turbines each with a capacity of 2.5 MW have arrived at the site,…
Oil prices edged down on Friday as investors weighed rising supplies from major producers and the impact on fuel demand from the Covid-19 pandemic. Brent crude futures for June edged down 12…
Power plants in Gilan Province generated ten million megawatt hours of electricity in 2020 of which only 500,000 MW hours was from renewables, head of the marketing office of the provincial…
Iran is among the countries facing extreme water stress and the situation is very likely to deteriorate this summer due to low rainfall since the current water year (began Sept 2020), the…
Oil prices edged higher on Wednesday on the prospects for stronger global economic growth amid a report that crude inventories in the United States, the world’s biggest fuel consumer, fell. But…
The Goureh-Jask crude oil pipe-laying operation has been completed and welding is in the final stages, managing director of the Petroleum Engineering and Development Co., a subsidiary of the…
Electricity projects were launched in North Khorasan Province on Tuesday. The projects include construction of 60 km of electricity distribution network, installation of 99 substations, as well…
Piped gas was supplied to 2,913 rural areas and 23 cities in the last Persian calendar year (March 2020-2021), managing director of National Iranian Gas Company said. Almost 95% of the urban…
To increase the collection and processing of associated petroleum gas from the southern oilfields, two contracts were signed between the Persian Gulf Bidboland Gas Refinery and three domestic…
An estimated 340 billion kilowatt hours of power was produced in 2020, up 13% or 40 billion kWh compared to a year ago. According to data released by the sate-run Tavanir (Iran Power Generation…
Oil slipped to around $64 a barrel on Monday as rising supply from OPEC+ and higher Iranian output countered signs of a strong economic rebound in the United States and hopes for a wider demand…
A water treatment plant in Kermanshah City, capital of Kermanshah Province, is scheduled to come on line by summer, managing director of the provincial regional water company said. Construction…
Repair and maintenance of aging power plants cannot improve their low efficiency as expected and there is a critical need for modern equipment, head of Tehran’s Besat Power Plant said.
The state-run National Iranian Gas Company injected close to 262 billion cubic meters of gas into the Iran Gas Trunkline (IGAT) in the last fiscal year that ended on March 20, up 6% or 16 bcm…
Dwindling snow reserves in east Tehran Province are causing renewed concern, managing director of Tehran Province Water and Wastewater Company said.
As demand for electricity keeps rising in Mazandaran Province, a new combined cycle unit is under construction at Shahid Salimi (Neka) Power Plant in the region, managing director of the plant…
The Bushehr Nuclear Power Plant in the southern namesake city is in danger of being shut down because the US economic blockade on Iran's key sectors, namely banking, has made it hard to transfer…
Iran's annual petrochemical production capacity increased by 13.5 million tons in the last fiscal year that ended on March 20. The National Petrochemical Company’s annual output was 70 million…
The Organization of the Petroleum Exporting Countries and allied producers have agreed to gradually increase their output over the next three months. The move follows a sharp increase in oil…
Low rainfall and excessive withdrawal from wells in Bushehr Province have almost wiped out groundwater resources in the southern region, deputy for conservation affairs at the Bushehr Regional…
Thirteen wastewater treatment plants came online in the Persian calendar year that ends on March 20 adding 300 million cubic meters to recycled capacity a year, deputy chief engineer at the…
