Energy

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

Oil Prices Tick Up
Oil Prices Tick Up
July 21, 2023 17:55
  • Portable Gas Pressure Reducing Station for Tehran
    Tehran Province Gas Company (TPGC) has produced the first portable city gate station (a kind of pressure reducing station) in collaboration with Petro Gas Parsa Company,  head of the provincial...
  • US Again Gives Iraq Sanctions Waiver for Iran Gas Imports
    The United States has granted Iraq a 45-day sanctions waiver enabling the country to continue importing vital Iranian gas and electricity supplies.  
  • Freak Weather Cuts Off Water, Power, Gas in Several Regions
    Heavy snow in northern Gilan Province in the last few days has killed seven people, blocked roads and cut off electricity to 200,000 subscribers. About 200 villages have no power, many of them are...
  • Two Refineries to Produce Petroleum Coke
    Two petroleum coke production units will be built in Bandar Abbas and Imam Khomeini refineries where 700,000 tons per year of needle and sponge coke for the steel and aluminum industries will be...
  • CNG Conversion Plan for 1.4m Vehicles
    National Iranian Oil Refining and Distribution Company has launched an initiative to convert 1.4 million gasoline-powered vehicles (pickup trucks, taxis and vans) to compressed natural gas hybrids...
  • Work in Progress at South Pars Gas Field
    Decks 13A and 13C of South Pars Gas Field Phase 13 were loaded at the Iran Marine Industrial Company, also known as SADRA, in Bushehr Province on Monday.  
  • Isfahan Refinery Using Urban Sewage
    Isfahan Oil Refining Company's wastewater treatment unit has started operations to help address the water problems of the refinery, the managing director said. "The plant, with a capacity of 750...
  • Oil Rebounds Amid Broad Market Recovery
    Oil prices rose around 1% on Tuesday in sympathy with a rally in equity markets but investors remained jittery over the Wuhan virus that has now killed over 1,000 in China.   
  • CNG Use Expanding
    Domestic compressed natural gas consumption has reached 25 million cubic meters a day, indicating 31% rise compared to the 19 mcm/d before gasoline was rationed and pump prices increased in mid-...
  • $3b Invested in Khuzestan APG Treatment Plant
    A major plan for collecting and processing associated petroleum gas in the Bidboland Persian Gulf Gas Refinery, in Behbahan County, Khuzestan Province, will come on stream in spring. Over $3...
  • Power Outages Possible if Gas Use Not Cut
    Close to 51.5 million cubic meters of natural gas was consumed per day in thermal power plants between March and December 2019, the Energy Ministry spokesman for power department said. “Daily...
  • Gov’t Starts Selling Energy-Efficient ACs
    To stabilize power supply and avoid outages in the southern regions in summer, the Energy Ministry has started replacing one million old air conditioning systems with energy efficient machines, the...
  • Iran Oil Ministry Has No Plans to Boost LPG Output
    Despite the fact that liquefied petroleum gas is good for auto engines, Oil Minister Bijan Namdar Zanganeh says so long as cars can run on compressed natural gas, LPG should be used for other...
  • Waste-to-Energy Map Shows Slow, Steady Progress
    In the next budget bill, $74 million will be earmarked for generating energy from waste, lawmaker Qasem Ahmadi Lashaki said. “Annually, 21 million tons of household waste, 32 million tons...
  • Iran: NIOC, Mapna Sign $1.3b Oilfield Contract
    Iranian National Oil Company and Mapna Group-- Iran's top engineering and energy firm -- signed a contract to develop Parsi and Paranj Oilfields in Khuzestan Province. The deal was signed in...
  • Nationwide Oil, Derivatives Supply at 100 Billion Liters
    The Iranian Oil Pipeline and Telecommunication Company has supplied close to 100 billion liters of crude and petroleum products nationwide since March 2019, managing director of the company said...
  • Utility Struggles to Cut Non-Revenue Water
    It is estimated that 600 million cubic meters of water is wasted in the country every year. From this colossal malfunction the loss of 153 mcm (non-revenue water) cannot be avoided, head of the...
  • Oil Jumps 3% on Reports of Effective Coronavirus Drug
    Oil prices jumped by more than 3% on Wednesday on reports that scientists have developed an effective drug against the fast-spreading coronavirus that has weighed heavily on global economic...
  • Water, Electricity and Economic Development of Iran
    Over 57,000 villages across Iran, comprising the total rural population, are connected to the national power grid. According to the Energy Ministry news portal Paven, while rural electrification...
  • Water Mismanagement
    From official reports it is apparent the water authorities have failed to manage consumption in the country over the past ten decades. The monstrous growth of cities and population explosion has...
  • Iran Firms Complete Overseas Power Projects Worth $4.6b
    Iranian companies involved in the water and power industries undertook 100 foreign projects in the last decade, overseas project manager in Iran's Water Resources Management Company (a subsidiary...
  • Solar Rooftops Will Augment Income of Deprived Families
    A total of 2,000 rooftop photovoltaic panels, each with a capacity of 5 kilowatts, will be set up for underprivileged families in North Khorasan Province by the end of the next fiscal (March 2021...
  • Brent, WTI Extend Decline
    Oil prices extended declines on Monday, dragged down by worries about lower demand in the world’s largest oil importer China following the coronavirus breakout.  
  • Amir Kabir Engineers Run Olefin Plant in Russia
    Amir Kabir Petrochemical Company has sent engineers to Sibur Holding in Russia to operate an olefin plant and train personnel. This is the first time Iranian petrochemical staff instruct their...
  • Electricity Consumption in Agriculture Sector Declines
    Power consumption data between March to December 2019 shows an increase of 3.2% compared to the corresponding period in the previous year. Subscribers used 195 billion kilo watt hours in the 9-...

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