Energy

iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.

  • Oman's First Wind Farm Begins Generating Electricity
    Oman’s first wind farm, the 50-MW Dhofar Wind Farm, has produced its first kilowatt hour of electricity, marking a major milestone for the (Persian) Gulf Cooperation Council region’s first utility-...
  • Rural Electrification Noteworthy
    The number of rural areas linked to the national power grid has increased by 13 fold or 1.200% over the past four decades, the manager in charge of rural electricity expansion at the Power...
  • Iran's NIOC Reports on Crude Oil Recovery Rates
    Increasing crude recovery rate by 1% is equivalent to adding seven billion barrels to production, says the head of the department overseeing performance of reservoirs in the National Iranian Oil...
  • Domestic Firms Help Goureh-Jask Pipeline Project Make Headway
    Close to 60% of steel pipes to wrap up the construction of a 1,100km 42-inch diameter pipeline to transfer oil to the southeastern port of Jask in Hormozgan Province will be manufactured...
  • Crude Output Up at Iran's North Yaran Joint Oilfield
    The second electric submersible pump installed in a well in the North Yaran Oilfield in southern Khuzestan Province has reached a stable level, head of the field development project said. “At a...
  • World Energy Needs Can Be Powered by Farmland
    An Oregon State University study, published in the journal Scientific Reports, has found that if less than 1% of agricultural land was converted to solar panels, it would be sufficient to fulfill...
  • Use of Fuel Cards Starts in 4 Mega Cities
    After a 2-day delay, the first phase of using fuel cards at the filling stations commenced on Tuesday (August 13) in four mega cities, namely Tehran, Karaj, Isfahan and Tabriz.  Fatemeh Kahi, head...
  • India Crude Imports Lackluster
    India’s imports of crude oil have stalled in recent months, but the malaise in the country’s energy sector is deeper, with both coal and liquefied natural gas (LNG) also soft.   
  • 3 Petrochem Companies Report Growth Rates
    Shimibaft Petrochemical Plant in the southern city of Mahshahr, Khuzestan Province, has increased output and reported 7% growth in the first quarter of the current calendar year (began March)...
  • Iran Gas Output Capacity 810 mcm/d
    Natural gas production capacity has reached 810 million cubic meters per day, director of dispatching at the National Iranian Gas Company said. “This volume, which equals 5 million barrels of...
  • $859b Oil, Gas, Petrochem Projects Underway or Planned in MENA
    Oil, gas and petrochemical projects, valued at more than $859 billion, are either underway or planned in the Middle East and North Africa, MENA, of which $283 billion are being implemented, as the...
  • Small Solar Power Plants Open in Isfahan, Alborz
    The fifth solar power plant in Isfahan Province, with 1 megawatt capacity has been connected to the national power grid. Located in Shahreza County, the new photovoltaic station is built by a...
  • NISOC Signs 2 Deals to Manage APG in Khuzestan
    The National Iranian South Oil Company has signed contracts with Maroun Petrochemical Company in Mahshahr and Persian Gulf Petrochemical Industries Company (PGPIC) to capture flare gas from...
  • Oil Falls on Lower Demand Outlook
    Oil prices fell on Monday amid worries about an economic slowdown and the US-China trade war, which have led to a cut in the outlook for global oil demand.   
  • Yazd Playing Leading Role in Solar Power Output
    Solar power production in central Yazd Province will reach 100 megawatts by the end of this fiscal year in March, managing director of Yazd Regional Electricity Company said. “There are seven...
  • Iran's Energy Ties With Iraq Unimpeded
    The unilateral US sanctions on Iran have not affected relations between Iraq and Iran, as trade ties in key sectors between the two neighbors continue as usual, Iraq's ambassador to Tehran said. “...
  • Tariff Discounts Help Cut Power Consumption
    Although peak electricity demand hour growth soared by 5% on average between 2008 and 2018, the figure has barely risen by 1% in the past two months compared to the average of the last ten years,...
  • Turkey Continues Oil, Gas Drilling in E. Mediterranean
    Two Turkish drill ships are continuing operations in the eastern Mediterranean and another ship will join them this month, Energy Minister Fatih Donmez said, as a dispute over natural resources...
  • Gas Grid Expansion in Kurdistan Province
    Natural gas grid in western Kurdistan Province has expanded 300 kilometers over the past five months, managing director of the provincial gas company said. "Of the total extension, 120 kilometers...
  • Iraq Close to Pipeline Deal With BP, Eni
    Iraq is close to reaching a deal with oil majors BP and Eni for an export pipeline project that was initially planned as part of a mega-deal with US energy giant ExxonMobil, according to five...
  • Iran, 16 Nations Warned of Day When Taps Run Dry
    Followed by Qatar, Israel and Lebanon, Iran is ranked 4th on the list of countries with extremely high water risk.  The Tehran-based Persian-language economic newspaper Donya-e-Eqtesad, a sister...
  • IEA: Oil Demand Growth at Lowest Since 2008
    The International Energy Agency cut its global oil demand growth forecasts for this year and next on Friday, citing fears of an economic downturn as the US-China trade war casts a shadow over...
  • POGC Commissioned to Develop Iran's Kish Gas Field
    Studies are being undertaken for laying a pipeline to connect Kish Gas Field to refineries in South Pars Gas Field and Fajr Jam Gas Refinery in Bushehr Province, managing director of Pars Oil and...
  • Power Grid Covers Almost Entire Rural Areas
    An estimated 21 million people live in rural areas in Iran and less than 100,000 do not have access to electricity.   
  • Promising Water Projects for Rural Yazd
    Water supply infrastructure is expanding in Yazd Province and $5 million was invested in new projects, managing director of the provincial Water and Wastewater Company said Tuesday. "Thirty water...

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