Energy

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

  • Private Companies Expanding Footprint in Power Production
    Private companies account for 67% of Iran's total thermal power output.  Iranian firms in the private sector produce at least 44,000 megawatts of thermal power per annum, whereas state-run...
  • Brent, WTI Prices Drop
    Oil prices fell on Monday as investors fretted over the outlook for global economic growth, while weekend talks between Iran and major powers ended on a generally positive note, suggesting an...
  • 80% Industries Have Access to Piped Gas
    All industrial units are expected to be connected to the national gas grid by the end of 2021, head of the National Iranian Gas Company said Saturday. "There are close to 102,000 industrial units...
  • Completing Tehran Wastewater Treatment Plants Is a Priority
    Expediting the construction of wastewater treatment plants in Tehran is on the agenda of Tehran Province Water and Wastewater Company, the managing director said. Pipe-laying operations have been...
  • Call for Rewriting Oil Contracts
    New oil and gas projects cannot be developed under sanctions unless new contracts are designed, a senior energy analyst and former head of Iran's Petroleum Contracts Committee said. "Under the...
  • Iran 9th in Thermal Power Output
    With installed capacity of 65 gigawatts, Iran ranks ninth in terms of thermal power capacity in the world. According to a report by the Energy Ministry, the total power capacity in the world is 6,...
  • Iran Energy Minister, China Envoy Discuss Collaboration in Water, Power Sectors
    Despite the existing constraints and difficulties Beijing is making concerted efforts to maintain trade ties with Tehran. China’s new Ambassador to Iran Chang Hua, made the statement in Tehran in...
  • Gas Role in Global Energy Transition Prominent
    Gas has an important role to play in the global energy transition, according to the head of EMEA natural resources research at Goldman Sachs.   
  • Iran Desalination Capacity to Rise by 300,000 Cubic Meters Per Day by 2021
    In the past six years, 39 desalination units with a capacity of approximately 174,000 cubic meters per day (63.7 million cubic meters a year), are operating mostly in the southern coasts. Sixty...
  • US Renews Chevron License in Venezuela
    The Trump administration on Friday renewed Chevron Corp’s license for three months to drill for oil in Venezuela despite sanctions, a compromise between officials seeking maximum pressure to oust...
  • Iran Gas Company Wins 2019 National Energy Globe Award
    Private companies’ efforts in Iran are noteworthy in that they seek to develop global initiatives to help safeguard the environment. Christoph Grabmayr, the Austrian Embassy's commercial counselor...
  • China Taking Iran Oil
    China’s still importing oil from Iran weeks after the US imposed sanctions aimed at halting sales of crude from the Persian Gulf nation.  
  • Iranian MPs Differ Over Raising Fuel Prices
    Although the three branches of government (executive, legislative and judicial) have come to the conclusion that gasoline prices should increase, there is still no consensus among MPs about the...
  • Oil Prices Edge Up
    Oil prices nudged higher on Wednesday on rising tensions in the Persian Gulf, a sharp fall in US crude stocks and positive signs on Sino-US talks, although worries about weak demand kept a cap on...
  • Iran Has Some Hope for Gas Deal With Pakistan
    Following the contract signed between Iran and Pakistan in 1999 to complete a gas pipeline to help address Pakistan’s electricity problems, Tehran has fulfilled its commitments regarding...
  • Remote Regions in Lorestan Benefit From Green Energy
    Electricity demand in 12 remote towns in Khorramabad and Aligudarz counties in Lorestan Province is being met fully with the help of small-scale photovoltaic (PV) power stations, head of provincial...
  • Cogeneration Plant for Mazandaran
    A 7.12 megawatt combined heat and power (CHP) plant was inaugurated in Amol County, Mazandaran Province. According to the Energy Ministry news portal (Paven), Babakan Power Plant, built over 2,000...
  • Rise in Power Consumption Disturbing
    Power consumption hit a new record on Monday as it reached a peak of 57,681 megawatts, the Energy Ministry’s spokesman for the power department said in Tehran. “Electricity consumption has risen...
  • Japan Will Continue Importing Middle East Oil
    Japan will continue importing crude oil from the Middle East despite escalating tensions in the Strait of Hormuz, but will also make efforts to diversify supply sources, Minister of Economy, Trade...
  • Iran Dams Are Emptying, Again
    The amount of water stored in dams has dwindled by 9% between May 22 and June 22. Dams across the country held 40.6 billion cubic meters of water in May, but the level fell to 37.3 bcm in June,...
  • China, UAE Sign Exploration, Refining Agreement
    China National Offshore Oil Co (CNOOC) has signed an agreement with Abu Dhabi National Oil Co (ADNOC) on upstream exploration and development, oil refining and liquefied natural gas trade, ADNOC...
  • Connecting Baluchestan Cities, Power Plants to Gas Network
    Expanding the gas network in southeastern Sistan and Baluchestan Province is on the government agenda, the managing director of National Iranian Gas Company said. Work is underway to build and lay...
  • Brent, WTI Rise More Than 2%
    Oil prices rose more than 2% on Monday on concerns that Iran’s seizure of a British tanker last week may lead to supply disruptions in the energy-rich Persian Gulf.  
  • Gasoline Consumption at All Time High
    Gasoline consumption between 2011 and 2017 has shot up 50% that (regretfully) is big enough to be registered in the Guinness World Record, the National Iranian Oil Refining and Distribution Company...
  • Kerman Water Project Near Completion
    The project to transfer drinking water from Safa Rud Dam to Kerman City in southern Kerman Province will be completed in two weeks, managing director of Kerman Regional Water Company said. “...

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