Close to 28 million barrels of synthetic oil have been supplied by the National Iranian South Oil Company via pipelines to Abadan and Isfahan refineries as feedstock over the last 14 months, the…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Oil prices slipped on Tuesday amid issues that energy outages and flooding in Louisiana after Hurricane Ida will minimize crude demand from refineries just as world producers plan to lift output…
Power plants in Gilan Province generated 1.5 million megawatt-hours of electricity between July 23 and August 22, of which 35% were delivered to the neighboring provinces, a deputy manager of…
Supplying thermal power plants with liquefied fuels must be given the top priority, otherwise recurring power cuts will continue in fall and winter, the head of the Energy Ministry's Crisis…
More than 80 illegal water wells were sealed during the fifth month of the current Iranian year (July 23-Aug. 22) in Tehran Province, preventing the annual discharge of more than 2 million cubic…
The National Iranian Oil Company needs investment worth $10 billion to refurbish the petroleum industry’s dilapidated equipment, an energy analyst said. “It will be next to impossible to raise…
Suspending power supply to neighboring countries to help stabilize the grid during peak hours is a wrong approach, managing director of MAPNA, the engineering and energy giant, said.
The first phase of a 10-megawatt solar power plant in Damghan County, Semnan Province, is now connected to the national power grid, managing director of Semnan Regional Electricity Company said…
The National Iranian Oil Refining and Distribution Company, a subsidiary of the National Iranian Oil Company, sold 8.5 million tons of oil derivatives in 2020, of which 7 million tons were…
The first phase of a project to electrify 60,000 agricultural wells with renewable energy has got off the ground, director for rural electrification at Iran Power Generation, Distribution and…
Oil costs rose on Friday on worries about disruptions, as power corporations started shutting in production within the Gulf of Mexico in view of a possible hurricane forecast to hit by the…
Strengthening Iran's position in OPEC and retaking its share in the global oil market is among the Oil Ministry’s priorities, new oil minister, Javad Owji, said on Thursday, the first day of his…
The National Iranian Drilling Company drilled 34 oil and gas wells in onshore and offshore fields during the first five months of the current Iranian year (March 21-Aug. 22), the deputy head of…
Despite the rise in gasoline production in recent years, promoting the use of environmentally-friendly compressed natural gas instead of eco-unfriendly gasoline is imperative to reduce fuel…
Caspian Combined-Cycle Power Plant in northern Mazandaran Province has started commercial operation after a period of extensive testing and trial operation, the project director of private power…
The electricity loss in transmission and distribution networks in Iran is about 40 terabyte hours per year, which is equivalent to 43% of the annual electricity consumption in the household…
The construction of the second phase of Ilam Gas Refinery in the namesake western province will start in winter, managing director of the refinery said.
National Iranian Gas Company, a subsidiary of the National Iranian Oil Company, has invested $4 billion to fast track the indigenization of 29 vital equipment in collaboration with domestic…
In the first five months of the current Iranian year (March 21-Aug. 20), 22 villages in Yazd Province have been connected to the national gas network. Gas supply to 93 more villages in…
Persian Gulf Bidboland Gas Refining Company has replaced its foreign-made antifoam with domestic counterpart to save time and expenses. Antifoam is an important control substance in the process…
Oil prices reversed out of a seven-day losing stretch on Monday as investors punted on crude at bargain levels, as lingering fears over how a surge in global Covid-19 cases might affect…
President Ebrahim Raeisi said Iran is not concerned about finding customers for its oil and it has different options to continue the export of crude and oil derivatives.
Over 30 projects have been planned to reduce the import of petrochemical products worth over $1 billion, the National Petrochemical Company’s director for planning and development said. “…
The National Iranian Oil Company’s crude production has experienced a 37% increase in the first five months of the current fiscal year (March 21-Aug. 20) compared with the corresponding period…
Power production from hydropower plants in Khuzestan Province has hit rock bottom, a deputy manager of the provincial power company said. “Several hydroelectric power plants, including Karoun 1…