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
  • Gas Pressure Metering and  Regulating Units Indigenized
    Gas pressure regulating and metering stations have been indigenized by Iranian engineers at Azar Pajouhan Andish Company, a knowledge-based firm in Tehran, the managing director said. “Reducing...
  • Refiners in Iran Playing Bigger Role in Economy
    Refineries in Iran are operating at full capacity converting two million barrels of crude oil into petroleum products a day, the secretary-general of Oil Refining Industry Cooperative Association...
  • Power Efficiency Improving Gradually
    Power loss in transmission and distribution networks in Iran now is near 9.7% and should decline to 9.2% by the end of the current Persian calendar year (March 2021), the deputy energy minister for...
  • Iran’s Gas Industry Growth Noticeable
    Despite difficulties including geostrategic challenges and the recent coronavirus pandemic, Iran has made noticeable progress in its energy sector. 
  • Not a Panacea
    The first phase of an $800 million project to supply water from the Persian Gulf to Kerman and Yazd provinces went on stream last week.  Senior officials, namely the Minister of Industries Reza...
  • Water and Wastewater Plants Under Construction in Minab
    Construction of a water treatment plant in Minab County, Hormozgan Province, will be completed by spring, the acting governor of Minab said. “When the facility is operational we will have no...
  • Natural Gas Helping Move to Cleaner Energy: NIGC
    Higher natural gas production and supply to households in most parts of the century and power plants instead of diesel, mazut and kerosene, has helped curb the use of eco-unfriendly liquefied fuels...
  • Gas Refinery in South Iran Wins IPMA Award
    The Persian Gulf Bidboland Gas Treatment Plant project in southwestern Khuzestan Province has won the International Project Management Association (IPMA) Global Project Excellence Awards in the...
  • End of Mazut in Tehran Power Plants
    Use of mazut as feedstock in power plants in the capital has reached zero, head of Tehran Thermal Power Generation Company, a subsidiary of Iran's Thermal Power Plants Holding Company, said. "...
  • Brent Crude Tops $40 After Biden Win Lifts Risk-Takers
    Oil prices gained more than 2% on Monday, with Brent futures rising above $40 a barrel, after Joe Biden clinched the US presidency and buoyed risk appetites, offsetting worries about the impact on...
  • Euro-5 Diesel Production to Reach 20 million l/d in Isfahan Refinery
    Work on a diesel treatment unit has made 85% progress and will help boost diesel production in compliance with Euro-5 standard at the Isfahan Oil Refining Company in central Isfahan Province next...
  • Petrochemical Co in Tabriz Eliminates VOC Emissions
    The project to eliminate the volatile organic compounds emissions from a wastewater treatment unit at Tabriz Petrochemical Plant in East Azarbaijan Province has been launched as the company moves...
  • Shrinkage of Caspian Sea Is Not Slowing
    The Caspian Sea has been shrinking since 1995 and the trend is not expected to end in the foreseeable future due to a variety of reasons, namely rising temperatures linked to global warming and...
  • OPEC Would Wary of Strains Under Biden
    Key members of OPEC are wary that strains in the OPEC+ alliance could reemerge with Joe Biden as US president, sources close to the organization said, and would miss the outgoing president, Donald...
  • Hormozgan Desalination Capacity Is on Fast Track
    In the past five years desalination capacity in southern Hormozgan Province has increased six fold, managing director of the Hormozgan Water and Wastewater Company said. “The present annual...
  • Gasoline Use Down 30%
    Gasoline consumption in Iran in the first seven months of the current Persian calendar year (March 20-Oct 2020) declined 30% compared to the same period last year. While motorists used 97 million...
  • Oil Falls as Virus Cases Rise
    Oil fell towards $40 a barrel on Friday as new lockdowns in Europe to halt surging Covid-19 infections sparked concern about the outlook for demand, while markets remained on edge over drawn-out...
  • Persian Gulf Water Reaches Kerman
    The first phase of a project to supply water from the Persian Gulf to Kerman Province went on stream on Thursday, head of the National Water and Wastewater Engineering Company of Iran (Abfa) said...
  • Renewables Gain Momentum
    Production of renewable energy in Iran has surpassed 5.47 billion kilowatt hours since 2009. If this volume was produced by thermal plants that consume gas as feedstock, more than 1.55 billion...
  • Indigenized HDS Catalysts Used for 1st Time at Sabalan Petrochem Plant
    Sabalan Petrochemical Company in Asalouyeh, southern Bushehr Province, has started using domestically-made hydrodesulphurization (HDS) catalysts for the first time in the country to support...
  • Nine Wastewater Plants for Counties in Tehran Province
    Construction of nine wastewater treatment plants and sewage network in the counties of Tehran Province will start in the next Iranian calendar year (March 2021), managing director of Tehran...
  • Brent, WTI Prices Rise
    Oil prices rose nearly 3% on Wednesday after the embattled US president, Donald Trump, falsely claimed victory in a tight election with millions of votes still to be counted and the final result...
  • Tehran Supplying Water to Semnan’s Dry Rural Districts
    A water supply project in Sorkheh County, Semnan Province, became operational on Monday, Tehran Province Water and Wastewater Company (an Abfa subsidiary) managing director said. “The 80-km...
  • PGSEZ to Buy Reclaimed Wastewater
    An estimated 110,000 cubic meters of treated wastewater produced in Bandar Abbas Wastewater Treatment Plant in Hormozgan Province will be piped to industries in the west of the key port city,...
  • South Pars Phase Eleven Offshore Drilling to Start
    Offshore drilling operations in the South Pars Gas Field Phase 11 off the Persian Gulf will start soon, the head of Mapna Drilling Company, a subsidiary of Mapna Group—Iran's top engineering and...

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