Energy

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

  • Almost 24% of Tehran's water network is over 40 years old while the useful life of water pipelines is an average 25 years, managing director of the National Water and Wastewater Engineering…

  • Oil slipped for a fourth day on Wednesday as concerns about weaker demand in Europe outweighed an industry report that showed US crude stockpiles unexpectedly fell last week.

  • Development projects are underway to increase output in two oil fields in southwest Iran. The projects are in Zilaei Field in Khuzestan Province and Siahmakan Field in Kohgilouyeh-Boyerahmad,…

  • The steam unit of Caspian Combined-Cycle Power Plant in northern Mazandaran Province became operational Tuesday with the help of Arian MahTaab Gostar Company, head of Iran's Thermal Power Plants…

  • A memorandum of understanding to transfer treated wastewater from Tabriz Wastewater Treatment Plant to Tabriz Petrochemical Company was signed between water companies of East Azarbaijan Province…

  • Four water and wastewater projects worth $495 million were inaugurated by President Hassan Rouhani via video conference on Tuesday in Tehran, Gilan and Qazvin provinces.

  • Oil prices rose on Monday, with Brent heading toward $70 a barrel, as data showed China’s economic recovery accelerated at the start of 2021, boosting the energy demand outlook at the world’s…

  • Iran's Thermal Power Plants Holding Company, a subsidiary of the Energy Ministry, concluded an agreement Sunday with the privately-owned Farab Company to convert Bampour (Iranshahr) simple-cycle…

  • The second construction phase of a project to divert water from the Persian Gulf to Kerman and Yazd provinces went on stream on Sunday, the minister of industries, mining and trade said. …

  • Iran's Thermal Power Plants Holding Company has signed a contract with Mapna, the engineering and energy giant, to decommission the 52-year old Besat Thermal Power Plant in south Tehran.

  • To develop the giant South Azadegan Oilfield in Khuzestan Province, Petropars company has completed the first phase of a central oil treatment plant under an engineering, procurement and…

  • Construction of two desalination plants in Qeshm Island, Hormozgan Province, has started to improve water supply to rural areas, managing director of the Hormozgan Water and Wastewater Company…

  • To help improve power supply in Ahvaz, Khuzestan Province, and reduce load shedding and frequent outages, three gas-insulated substations have been built and are being synchronized with the…

  • With programs to revive Urmia Lake moving ahead, seven billion cubic meters of water from dams flowed into the world famous lake in the past decade and is increasing, head of Urmia Lake…

  • Bandar Abbas Oil Refinery in Hormozgan Province has increased output by 30,000 barrels of crude oil per day, the managing director said.

  • Brent crude prices eased on Friday but hovered near $70 a barrel as production cuts by major oil producers constrained supply, with optimism about a recovery in demand for the resource in the…

  • Completing the value-added petrochemical production chain in petrochemical sector can help cut import of strategic commodities like propylene and also develop the key downstream sector, managing…

  • Construction of petrochemical storage tanks in Mokran (also Makran) Petro-Refinery Complex will start in the port city of Jask in southern Hormozgan Province next week.

  • The number desalination plants in southern Hormozgan Province has increased threefold in the past six years, but such development projects should be given higher priority as water scarcity looms…

  • Mapna Drilling Company completed drilling four wells in the South Pars Gas Field Phase 11 off the Persian Gulf in two months, managing director of Petropars Company said. Hamidreza Masoudi said…

  • Oil prices slipped on Monday after earlier climbing above $70 a barrel for the first time since the Covid-19 pandemic began after attacks on Saudi Arabian oil facilities. Yemen’s Houthi forces…

  • The five dams supplying water to Tehran hold 567 million cubic meters of water, which is 64 mcm less than the same time last year, deputy for water and hydropower affairs at the Tehran Regional…

  • The Majlis passed a bill last week based on which electricity tariffs for energy-intensive industries, namely cement factories, refineries and petrochemical and steel companies will increase…

  • Studies to transfer water from the Sea of Oman to three eastern provinces in Iran have been completed and Tabesh Company has started the executive work, head of the company said. 

  • Investing $1 billion in the compressed natural gas sector, as an alternative green fuel, will help replace 20 million liters of gasoline with 20 million cubic meters of CNG per day, a deputy oil…