Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
May 31, 2023 18:01
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January 24,2023The National Iranian Oil Company is projected to sell 1.4 million barrels per day of crude oil at $85 as per the budget law of next Iranian year (March 2023-24), partly by using a barter system.... -
January 21,2023Adopting a floating pricing mechanism for feedstock delivered to the petrochemical sector is necessary to help sustain production and guarantee long-term profit, the head of Masjed Soleyman...
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January 17,2023Despite freezing temperatures and heavy snowfalls in different parts of Iran, which have led to a record high gas consumption, the gas grid is stable throughout the country, although a slight...
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January 16,2023The Energy Ministry has approved the transfer of 50 million cubic meters of water from the Shahriar Dam in Mianeh County, East Azarbaijan Province, to Ardabil Province, the representative of...
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January 16,2023The National Iranian Gas Company has restricted compressed natural gas delivery to pumps across the nation, especially in northern provinces namely North Khorasan, Golestan, South Khorasan,...
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January 16,2023As long as the Financial Action Task Force, the global anti-money laundering watchdog, does not remove Iran from its blacklist, the country cannot have a say in the global oil and gas markets, an...
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January 13,2023Gas consumption in the commercial and household sectors reached 700 million cubic meters per day on Jan. 12, the managing director of the National Iranian Gas Company said. “The high consumption...
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January 13,2023President Ebrahim Raisi inaugurated 11 power transmission and distribution projects in the central Yazd Province on Thursday. Costing $50 million, the projects are aimed at network construction in...
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January 13,2023Executive operations to build a Polyvinyl Chloride Suspension Resin (SPVC) unit, with a production capacity of 300,000 tons a year, are expected to start in March at the Arvand Petrochemical...
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January 13,2023The construction of 4,000 solar systems, each with a capacity of 5 kilowatts, for supporting organizations supplying power to households will start in Yazd Province at the weekend, the spokesman of...
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January 13,2023Oil prices fell on Wednesday as an unexpected build in crude and fuel inventories in the United States, the world's biggest oil consumer, and economic uncertainty reignited demand worries.
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January 13,2023Petrochemical plants’ foreign exchange revenues have reduced and they are losing market share to rivals because their access to natural gas as feedstock has either been totally cut or severely...
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January 13,2023With the completion of restoration operations on a well in the Nar Gas Field, the production capacity of the field has increased by 10% or 300,000 cubic meters per day, Hassan Nematollahi, the head...
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January 10,2023Ilam Gas Refining Company in Ilam Province has started using domestically manufactured molecular sieves and catalysts, which were previously imported from European companies, to support knowledge-...
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January 10,2023Water shortage in Iran has reached a critical level and replacing old strategies with workable methods like integrated water resources management [IWRM], especially in the agro sector, is now a...
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January 10,2023The current production capacity of small-scale power plants with distributed generation systems in Tehran, Alborz and Qom provinces is 270 megawatts and plans are underway to increase the capacity...
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January 09,2023Executive operations of the second phase of the project to transfer Persian Gulf water to Yazd Province in central Iran will start soon. Yazd has faced a great deal of tensions regarding water...
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January 09,2023The most important reason behind the downtrend in compressed natural gas demand lies in the government’s wrong policies due to which the number of CNG-hybrid vehicles is dwindling, a member of Iran...
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January 09,2023Continuous drought in recent years has caused serious challenges regarding water supply to Mashhad, the capital city of Khorasan Razavi Province, because of which about 25% of the city’s water...
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January 09,2023Oil prices climbed on Monday as the borders reopened in China, the world's top crude importer, boosting the outlook for fuel demand growth and offsetting global recession concerns.
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January 08,2023A total of 20 desalination projects with a processing capacity of 200,000 cubic meters of saline water will become operational by 2025, the deputy for supervision and planning at the National Water...
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January 08,2023Power plants’ debts to Iran's sovereign wealth fund, known as the National Development Fund of Iran, have surpassed $950 million, the fund’s deputy for banking and credit affairs said. “The $950-...
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January 08,2023The project to supply gas to Chabahar County, Sistan-Baluchestan Province, was launched on Saturday, the gas supply coordination director of the National Iranian Gas Company said. “The project...
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January 07,2023Several unfinished petroleum projects worth $8 billion are scheduled to be completed by the end of the current Iranian year (March 20, 2023), the 0il minister said. “The projects are aimed at...
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January 07,2023Refining companies should be obliged to enhance the quality of their substandard products, namely gasoline, diesel and mazut, the head of the Board of Directors at the Iranian Oil, Gas and...
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