Energy

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

4th SP Refinery to Boost Output
4th SP Refinery to Boost Output
February 08, 2023 18:21
  • Sulfur Dioxide Removal in Power Plants Unfeasible 
    Removing sulfur dioxide from exhaust gases produced in thermal power plants is not an environment-friendly practice that is why none of these stations in Iran are equipped with special devices that...
  • Russian Petrochem Firms Using Iranian Catalysts
    One ton of Iranian catalyst is being used in Russian petrochemical complexes that have also placed new orders to purchase more domestically-made catalysts, the managing director of the National...
  • Higher Gas Tariffs for Heavy Consumers
    The government has approved the Oil Ministry’s proposal to hike natural gas tariffs in the household sector, based on which the vital commodity’ price will rise on average by 50% for heavy...
  • Brent, WTI Prices Edge Up 
    Oil futures edged slightly higher on Wednesday on hopes for improved Chinese demand while uncertainty about how a Western cap on Russian oil prices would play out kept markets on edge after a sharp...
  • IOOC Assures Qeshm Gas Supply Will Continue in Cold Season
    Iranian Offshore Oil Company has assured that an adequate supply of gas to Qeshm Island will continue during winter, the director for Qeshm operational area at IOOC said. Referring to the launch...
  • Abadan Oil Refinery to Use Reclaimed Wastewater 
    To draw on unconventional water resources for industrial use in the arid province of Khuzestan, Abadan’s wastewater treatment plant’s output will be sold to Abadan Oil Refinery, the head of the...
  • Yalda Field May Have Both Oil and Gas
    The second exploration well in Yalda field is being drilled, the National Iranian Oil Company’s exploration director said. The well drilling is in line with NIOC’s exploration plans in the Persian...
  • South Pars Phase 11 to Start Production Soon
    The development of the giant South Pars Gas Field’s Phase 11 is underway and the phase will soon become operational, managing director of the National Iranian Oil Company said. “The drilling of...
  • Gas Delivery to Gilan Power Plants Increases
    Gas delivery to the power plants in Gilan Province have increased by 26%, reaching 252 million cubic meters in the second month of the fall (Oct. 23-Nov. 21), compared with the same period of last...
  • Oil Prices Rise as Cap on Russian Crude Kicks In
    Oil rebounded on Tuesday after plunging by more than 3% in the previous session, as the implementation of sanctions on Russian seaborne crude oil eased concerns about oversupply while the relaxing...
  • NIOC Discovers Hydrocarbon Reserves With Aeromagnetic Surveys
    The National Iranian Oil Company has discovered hydrocarbon reserves in the southwest with the help of aeromagnetic surveys (AMS) conducted by domestic knowledge-based firms, the head of NIOC’s...
  • Khuzestan Power Demand Higher Than Production
    Khuzestan Regional Electricity Company has generated close to 30,000 megawatt hours of power between March and November, a deputy manager at the provincial power company said. “Power consumption...
  • OPEC+ Keeps Policy Unchanged
    OPEC+ agreed to stick to its oil output targets at a meeting on Sunday, as oil markets struggle to assess the impact of a slowing Chinese economy on demand and a G7 price cap on Russian oil supply.
  • Tehran, Dushanbe to Develop Economic, Energy Cooperation
    Trade and economic exchanges between Iran and Tajikistan have registered a 300% growth in the first 11 months of 2022 compared to the same period of a year ago, Iran’s energy minister said at the...
  • 3 Petrochem Projects to Become Operational Soon in Asalouyeh 
    Three petrochemical projects belonging to the Persian Gulf Petrochemical Industries Company in Asalouyeh, Bushehr Province, are underway and will be completed soon.  In a visit to the projects,...
  • Cold Spell Boosting Gas Use
    Following a decline in temperature, natural gas consumption in the household sector has reached 600 million cubic meters per day, up 20% compared to last month when the figure was 500 mcm/d, the...
  • Petrochemical Projects Worth $3 Billion Underway in Ilam
    Petrochemical development projects worth $3 billion are underway in the western Ilam Province, managing director of the National Petrochemical Company said. “The ongoing initiatives will help...
  • 2nd Phase of Abadan Refinery Development Ready for Launch
    The second phase of the development plan at the Abadan Refinery in Khuzestan Province has registered 97% progress and a part of the phase is ready for launch, director of the development plan said...
  • Work on Karoun Nuclear Power Plant in Khuzestan Commences
    The construction operation of Karoun Nuclear Power Plant in Shadegan County in Khuzestan Province has started, the head of the Atomic Energy Organization of Iran said on Saturday. “The 300-...
  • Tavanir to Install 3m Smart Meters
    About 3 million smart meters are expected to be installed across Iran for high-consuming subscribers in agricultural, industrial and household sectors by next fall, the head of Iran Power...
  • Iran Increases Gas Exports to Iraq After Payment Settlement
    Iraq has settled all payments related to purchases from the National Iranian Gas Company, the Iranian oil minister said. 
  • Tavanir to Install 3m Smart Meters
    About 3 million smart meters are expected to be installed across Iran for high-consuming subscribers in agricultural, industrial and household sectors by next fall, the head of Iran Power...
  • OPEC+ to Likely Consider Deeper Oil Output Cuts
    OPEC and non-OPEC oil producers could impose deeper oil output cuts on Sunday, energy analysts said, as the influential energy alliance weighs the impact of a pending ban on Russia’s crude exports...
  • Tehran, Ashgabat Agree to Expand Power Trade
    Iran and Turkmenistan have agreed to boost power exchange by laying a new transmission line and renewing power trade agreement in 2023. Energy Minister Ali Akbar Mehrabian made the statement on...
  • Kurdestan Water Project Operational 
    To help improve the quality of drinking water in Kurdestan Province, President Ebrahim Raisi inaugurated a project to pump water from Azad Dam to Sanandaj water treatment plant on Thursday, the...

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