Energy

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

  • 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...
  • Yazd Gas Grid Expanding to Mountain Regions
    Gas supply to Yazd Province has been expedited and almost 90% of its small towns and villages are now connected to the national gas grid, managing director of the provincial gas company said. “All...
  • Oil Tanker Released From Jeddah Port
    The Iranian oil tanker ‘Happiness 1’ that was held at Jeddah port in Saudi Arabia for over two months has been released.  
  • 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. “...
  • Smart Meter Program Making Headway
    Five million energy-intensive agricultural, households and commercial units will be equipped with smart electricity meters during the second phase of the National Smart Metering Program (known as...
  • Iran's PSEEZ Reports Higher Petrochemical Exports
    An estimated 1.5 million tons of petrochemicals were exported to Asia, Europe and Africa from Pars Special Economic Energy Zone, southeast of Bushehr Province, between May 22 and June 21, the head...
  • Sa’adatabad Oilfield Development Plan on Track
    Operations to increase output from Sa’adatabad Oilfield, in southern Fars Province, started Wednesday, with $18.7 million investment, managing director of the Central Iranian Oil Fields Company...
  • Plan to Use Debit Cards to Buy Fuel Suspended
    So long as gasoline is not rationed, the plan to use bank debit cards as fuel cards is pointless and will not be implemented for now, the National Iranian Oil Products Distribution Company...
  • Iran Willing to Invest in India Refinery
    Iran is willing and ready to invest in the development of Nagapattinam refinery in Southern Tamil Nadu state, a senior Iranian diplomat said in New Delhi on Wednesday.  
  • France May Shut Nuclear Power Plant
    French utility EDF could shut down production at its 2,600 megawatt capacity Golfech nuclear power plant in the south of France from July 23, due to the high temperature forecast on the Garonne...
  • Birol: IEA Concerned About Tensions in Hormuz Strait
    The International Energy Agency is "significantly" concerned about geopolitical tensions, including in the Strait of Hormuz, but oil markets are currently well supplied and unlikely to see "huge...
  • Export of Refined Products Can Help Skirt Sanctions
    Increasing crude oil refining capacity can be seen as a viable option to help evade US sanctions in the short term, says a senior consultant and manager for the Middle East oil research department...
  • Knowledge-Based Start-Ups Help Assuage Water Problems
    Iran has great potential for leading the water sector entrepreneurship in the region, co-director of Cewas, a Swiss non-profit association involved in improving business practices in water and...
  • PV Station for Khorasan Razavi Province
    A 5 megawatt photovoltaic power station was connected to the national power grid in Khorasan Razavi Province. Built over 11 hectares in the deprived border town Khaf, it is the 11th solar farm in...
  • Brent, WTI Regain Little Ground
    Oil prices on Wednesday regained little ground lost in the previous session, weighed down by industry data suggesting US crude inventories fell less than expected.   
  • Consumption Challenging Capacity
    Energy consumption and wastage have overtaken production and supply and Iran could become an energy importer despite its abundant energy resources, managing director of the Industrial Management...
  • Iran Oil Ministry Getting a Raw Deal
    The Oil Ministry is at the forefront of fighting the US sanctions, but some power circles criticize it under the name and banner of protecting national interest. Adding to the plight and pressure...
  • Fuel Prices May Rise Next Year
    The plan to resume the use of fuel cards by car owners will come into effect in August with the aim of curbing fuel smuggling that has taken a turn for the worse over the past months.  As per a...
  • Biggest Change in Oil Market 6 Months Away
    Tens of thousands of ships sailing the world’s oceans burn more than 3 million barrels of sludge-like high-sulfur fuel every single day. But, starting next year, the shipping industry will have to...
  • Crypto Mining Plus Side
    Legalizing cryptocurrency mining would help the power sector, head of the board of directors of the  Power Generation Companies Syndicate said Monday. "Unlike the common belief that cryptocurrency...
  • Oil Prices Lower as China GDP Growth Slows
    Oil prices slipped on Monday after China posted its slowest quarterly economic growth in at least 27 years, reinforcing concerns about demand in the world’s largest crude oil importer.  
  • A Long Way Ahead
    The Renewable Energy and Energy Efficiency Organization—a subsidiary of the Energy Ministry also known as Satba—was founded to help promote green energy but has failed in its mission, said an...
  • 2 Steam Units Added to Shirvan Power Plant
    Two steam units of Shirvan Combined Cycle Power Plant in Shirvan County, North Khorasan Province, were launched Sunday in the presence of President Hassan Rouhani.  
  • PET Market Stable
    The local PET market has stabilized as the supply has increased compared to last year, secretary general of the Association of Petrochemical Employers Unions said. Speaking about polyethylene...
  • Analyst: Censuring Oil Ministry Will Not Help
    So long as Tehran is grappling with the unending and hostile US economic sanctions, criticizing the government, especially the Oil Ministry and its subsidiaries, is not called for because it will...

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