Energy

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

  • Project to Supply Dez Dam Water to Abadan, Khorramshahr
    The executive operation of the project to supply water from Dez Dam to the cities of Abadan and Khorramshahr in Khuzestan Province will be completed by the end of August, managing director of...
  • Oil Prices Increase Amid Tight Supply 
    Oil prices climbed in Asia trading on Friday, rebounding from previous declines amid supply tightness and geopolitical tensions, even though weakened demand in the United States has cast a shadow...
  • CNG Stations Operating at 44% Capacity
    There are 2,600 compressed natural gas stations across Iran with a capacity of delivering 50 million cubic meters per day, although they are working at 44% of their capacity, a member of Iran's CNG...
  • Startups Help Upgrade NIORDC 
    The National Iranian Oil Refining and Distribution Company has signed contracts with knowledge-based firms in the fields of robotics and smart equipment in Tehran on Thursday, director of the state...
  • NIDC Releases 3-Month Report
    The National Iranian Drilling Company has drilled and repaired 30 onshore and offshore oil and gas wells since the beginning of the current fiscal year in March, up 25% compared to a year ago, the...
  • Oil Prices Edge Down 
    Oil prices ease on Wednesday, pressured by global central bank efforts to tame inflation, ahead of expected builds in US crude inventories as product demand weakens.
  • Ahvaz Sewage Collection Network to Become Operational Next Year
    Operations to complete Ahvaz sewage collection network in Khuzestan Province are on track and will become operational next year, the head of the provincial water and wastewater company said. “Upon...
  • South Pars Phase 11 Making Headway
    The drilling of wells at Phase 11 of South Pars Gas Field in the Persian Gulf is near completion and it is expected to start production in winter, managing director of the National Iranian Oil...
  • Gazprom’s $40 Billion Investment to Help Expand Iran’s Oil, Gas Output 
    Attracting foreign and domestic investments for the development of joint hydrocarbon fields is a top priority of the National Iranian Oil Company, as the key oil sector has long been the main...
  • Iranian Potential to Penetrate Iraqi Electricity Market Strong 
    Iran’s electricity sector has strong potential to grab a significant share of Iraq’s power market, but Iranian enterprises have not made their mark in the field, a member of the Iran Chamber of...
  • Tehran Refinery to Build 500-MW Solar Power Station 
    Plans are underway to build a 500-megawatt photovoltaic power station at Tehran’s Oil Refinery Company, the head of the company said. “The refinery is committed to working for a low-carbon future...
  • Energy Minister Breaks Ground on Damavand Wastewater Facility
    Energy Minister Ali Akbar Mehrabian on Saturday broke ground on a wastewater plant in Roudehen District in Damavand County, 60 kilometers northeast of Tehran.  The project entails the construction...
  • Thermal Power Generation Capacity Reaches 72 GW 
    Thermal power stations, with an installed generation capacity of 3,500 megawatts, have become operational in the last 12 months, deputy for projects development at the Thermal Power Plants Holding...
  • Oil Prices Jump 
    Oil prices extended gains on Monday, propped up by a weaker dollar and tight supplies that offset concerns about recession and the prospect of widespread Covid-19 lockdowns in China again reducing...
  • Khorasan Razavi Qanats Crying for Restoration
    The death of qanats (aqueducts) in Khorasan Razavi Province’s counties has accelerated due to the drilling of deep wells, both legal and illegal, the head of Gonabad Qasabeh Qanat World Heritage...
  • Khuzestan Water Supply Project Gains Momentum
    The third phase of a major water supply plan, dubbed Ghadir Water Supply Project, which is underway in Khuzestan Province, has gained momentum and progressed by 83% in less than nine months, the...
  • Energy Ministry Obliged to Install Smart Electricity Meters
    The parliament has ratified an article that obliges the Energy Ministry to provide electricity subscribers with smart meters. According to the decision taken on Monday, high-consuming subscribers...
  • National Petrochemical Company Output Higher Than Nat’l Average
    According to a report by the National Petrochemical Company, petrochemical complexes across the country average 85% of their production capacity, while Nouri Petrochemical Company’s output in the...
  • Oil Prices Climb Amid US Interest Hike Speculations
    Oil prices rose in early Asian trading on Friday amid uncertainty around how aggressive the US Federal Reserve will be in hiking interest rates to combat rampant inflation.  
  • Kamandan Dam 90% Complete 
    The construction of Kamandan Dam in Azna County, Lorestan Province, has registered 90% progress and its reservoir will be filled with water in winter, managing director of the provincial Regional...
  • Gov’t Determination Missing in Completing Water Initiatives 
    Although water and wastewater development projects help boost major industries, a large number of initiatives in the key sector have been delayed.  Reza Hajkarim, a member of Iran Water Industry...
  • Oil Prices Edge Higher
    Oil edged up on Wednesday, a day after prices fell through $100 a barrel for the first time since April, but gains were limited by caution ahead of US inflation data that could weaken the market.
  • US: OPEC Has Capacity to Increase Crude Production
    The White House believes the Organization of Petroleum Exporting Countries has room to raise oil production, should an upcoming visit by President Joe Biden to the Middle East yield any agreements...
  • Largest Transformer Helps Solve Voltage Drop in Mazandaran
    Iran's largest integrated three-phase transformer in Babol City, Mazandaran Province, has become operational, managing director of Mazandaran and Golestan Regional Electric Company said.  
  • UPC to Produce Chemical for Water Treatment
    The construction of the polyaluminum chloride (PAC) unit of the Urmia Petrochemical Company in West Azarbaijan Province has started and is expected to be completed by 2024, managing director of the...

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