Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
July 21, 2023 17:55
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February 11,2019Oil exporters have not fully recovered from the dramatic oil price shock of 2014, the head of the International Monetary Fund said on Saturday, and she cautioned against spending money on "white... -
February 11,2019A committee from the US House of Representatives has approved a bill aimed at making OPEC members liable to US antitrust legislation, Reuters reported, adding the prospects of the bill ending up as...
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February 11,2019Indian refiners are increasingly optimistic on winning another round of waiver to continue buying Iranian oil, at reduced levels, as New Delhi has put forward a strong case to Washington that it...
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February 11,2019Iraq is interested in expanding technical and engineering collaboration with Iran, the country’s Electricity Minister Luay al-Khateeb said during a tour of MAPNA Industrial Group’s technical and...
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February 11,2019Gasoline inventories show a three-fold increase compared to last year, director of supply and distribution at the National Iranian Oil Products Distribution Company said Sunday. "Gasoline storage...
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February 11,2019Middle East oil benchmarks Dubai and DME Oman have nudged above prices for Brent crude, an unusual move as US sanctions on Venezuela and Iran along with output cuts by OPEC tighten supply of medium...
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February 06,2019To speed up production from oil fields shared with Iraq, drilling operations on seven wells in Azar Oilfield in Anaran block in Mehran, Ilam Province, are expected to end by March, operation...
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February 06,2019Oil Minister Bijan Namdar Zanganeh says Iran has turned to the sale of Islamic bonds to finance oil projects.
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February 06,2019Sixty-three petrochemical plants have come on stream over the past 40 years and production and export of a variety of petrochemicals have grown. According to National Petrochemical Company data,...
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February 06,2019Privatization of power plants has not been compatible with Article 44 of the Islamic Republic Constitution based on which a large part of executive responsibilities of the Energy Ministry ought to...
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February 06,2019Oil prices edged higher for the first time in three sessions on Wednesday, although concerns over the outlook for the global economy capped gains.
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February 06,2019Canadian company Pembina Pipeline Corp. says it is going ahead with a $4.5-billion joint venture with Kuwait's Petrochemical Industries Co. to build an integrated propane dehydrogenation plant and...
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February 06,2019India’s Hindustan Petroleum Corporation Limited could buy 0.9 million tons of Iran oil in its 2018/19 financial year, said Vinod S Shenoy, the company’s director of refineries.
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February 05,2019Iran recoverable crude oil and gas condensates reserves are estimated at 160 billion barrels. According to the Exploration Department of the National Iranian Oil Company, proven gas reserves are...
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February 05,2019Iran's oil refining capacity has reached 1.95 million barrels per day, indicating a 100% increase over the past four decades. According to Shana, crude processing capacity was 1.1 million bpd in...
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February 05,2019Russia is complying fully with its pledge to cut oil production gradually, Energy Minister Alexander Novak said on Monday.
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February 05,2019PDVSA began a partial rationing of gasoline at gas stations in certain areas of Venezuela, as many gas stations in Caracas ran out of fuel as customers nervously filled up their tanks in...
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February 05,2019Four new solar farms in cities and towns in western Hamedan Province were inaugurated on Tuesday. “The four farms, each with production capacity of 7 megawatts, supply 28 MW of electricity to the...
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February 05,2019Oil Minister Bijan Namdar Zanganeh on Tuesday made a rather positive review of the government's projected oil revenues in the proposed budget for the next fiscal that begins in March. As per the...
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February 04,2019Energy Minister Reza Ardakanian says the electricity export bill to Iraq over the past 15 years amounts to $6 billion. "The neighboring country has paid $5 billion of and the rest is being...
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February 04,2019Oil hit a two-month high above $63 a barrel on Monday as OPEC-led supply cuts and US sanctions against Venezuela’s petroleum industry offset forecasts of weaker demand and an economic slowdown.
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February 04,2019Japan's largest refiner JXTG Nippon Oil & Energy is set to resume loading of Iranian crude oil as early as Monday, almost three months after the US sanctions waiver was granted.
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February 03,2019To raise crude output in shared reservoirs with Iraq, Iran's Petroleum Engineering and Development Company is installing skid-mounted modular mini refining units in South Azadegan Oilfield in...
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February 03,2019Construction of a combined-cycle power plant in Sabzevar, Khorasan Razavi Province, started on Saturday. With 546 megawatt capacity, the plant will help develop regional power infrastructure,...
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February 03,2019US crude exports to Asia are set to swell over March and April as a drop in freight rates makes US cargoes more competitive against barrels from Asia or the Middle East, according to market...
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