Fifty research projects are underway at subsidiaries of the Persian Gulf Petrochemical Industries Company, director of planning and development said Wednesday. Mojtaba Taheri was speaking in…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Oil prices climbed on Friday, on track for a third consecutive weekly gain, pulled higher by major oil producers’ efforts to hold back output amid concerns about economic recovery from the…
Contracts worth $1.7 billion have been signed between Iranian oil and services companies to increase production from existing fields, the oil minister said Wednesday.
Hydropower production in Tehran Province is projected to decrease by 21% in the current fiscal that started in March compared to 2019, head of hydropower installations at the Tehran Regional…
By the end of the current fiscal year in March, on average, every three weeks one wastewater treatment plant will be launched in Iran and a water treatment plant will come online every month,…
Average daily natural gas has surpassed 700 million cubic meters, a spokesman for the National Iranian Gas Company said. Refineries produce 703 mcm of natural gas, which is about 11% more than…
Thermal power production reached 127 billion kilowatt hours from the beginning of the current fiscal year in late March, up 11% compared to the same period in 2019, head of Thermal Power Plants…
OPEC and its allies have achieved the oil-market equivalent of a high-wire act: increasing supply even as demand remains depleted, without crashing prices. Whether they can successfully…
Iran’s first small-scale floating solar farm became operational in Mahabad Petrochemical Plant in West Azarbaijan Province on Tuesday, head of the company said. “The floating photovoltaic plant…
Mil-e Nader 50 megawatt wind farm in Sistan-Baluchestan Province will come on stream by March. It cost $70 million, the deputy governor for coordinating economic affairs said. “The wind power…
To collect toxic emissions, the first stage of a plan to recover gasoline vapor has been completed in all (3,400) filling stations across the country, head of the National Iranian Oil Products…
Oil prices rose on Monday following news China plans to ship large volumes of US crude in August and September, which outweighed concerns over a slowdown in demand recovery after the coronavirus…
The National Iranian South Oil Company and Iran Central Oil Fields Company -- both subsidiaries of the National Iranian Oil Company -- signed contracts with 14 domestic oil and gas companies on…
Technology that can convert salty seawater or brackish water into safe, clean drinking water has the potential to transform millions of lives across the globe, which is why so many scientists…
A few dots near the bottom corner of the world map in the southern Atlantic, the Falkland Islands were once at the forefront of a new era for the oil industry as companies scoured the planet for…
The Majlis Research Center, the research arm of the parliament, says how average amount of water used to produce metals, namely gold and copper, in Iran is five times above international norms…
Karoon Petrochemical Company, in the southwestern port city of Mahshahr in Khuzestan Province, is the only producer of isocyanates in Iran. Half the output is for domestic use and the rest is…
Controlling the runoff in northern Mazandaran Province is essential and can have added economic benefit as water can be used for rice cultivation, managing director of the Regional Water Company…
Construction of steam units has started in several power plants and more will be added soon, a senior executive at the Thermal Power Plants Holding Company said. “With the construction of 46…
Oil slipped further below $45 a barrel on Friday, giving up this week’s gains, under pressure from doubts about demand recovery due to the coronavirus pandemic and rising supply. Brent crude…
President Hassan Rouhani on Thursday inaugurated water projects via video conference in western Kermanshah and Ilam provinces costing $150 million. "The government has drawn on the…
The International Energy Agency lowered its global oil demand forecasts for the first time in several months in its latest report, as the number of Covid-19 infections remains high and amid…
Construction of a 10 megawatt solar farm in Bafq County, Yazd Province, will start soon. To be built on 20 hectares in the central dry region, Ghadir Solar Power Plant is expected to come…
Tehran Oil Refinery will soon start producing gasoline compliant with Euro 5 emission standards, head of the refining company said.
The coronavirus pandemic has exposed some hard truths to the world’s largest oil and gas majors, energy analysts have told CNBC, with many reeling after historic second-quarter losses laid bare…
