Oil rose on Monday as easing US recession fears shifted market focus to tightening supplies, offering support after crude prices registered three straight weekly declines for the first time…
Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
Iran’s oil production has increased by 600,000 barrels per day in the past 20 months compared with the earlier corresponding figures and stands at 3.84 million barrels per day now, the managing…
Illegal cryptocurrency mining has stolen 1.8 billion kilowatt hours (KWh) of electricity in Iran, the spokesperson of the electricity industry said.
The head of the UN's nuclear power watchdog warned on Saturday that the situation around the Russian-held Zaporizhzhia nuclear station has become "potentially dangerous", as Moscow-installed…
Executive operations for the construction of Borujerd Combined-Cycle Power Plant has started in the namesake county, Lorestan Province, the head the Thermal Power Plant Holding Company said.
Although Iranian oil and gas equipment and machinery can compete with foreign brands, manufacturers still cannot have their fair share in international markets, head of the Iranian Oil Equipment…
Despite all completed and ongoing water projects in Ahvaz, Khuzestan Province, water quality in the southern oil city has not improved, the head of the Water Affairs Faculty at Shahid…
Iraq intends to use Iranian expertise in managing groundwater resources that are depleting rapidly in both countries and exacerbating water crisis.
The construction of Shahid Soleimani Petro-Refinery in Hormozgan Province will start by the end of spring with an investment of $10 billion, the director of the National Iranian Oil Refining and…
The second gas unit of Shahid Bakeri Power Plant in Semnan Province, with a capacity of 183 megawatts, was synchronized with the national power grid on Saturday, a deputy managing director of…
The long-awaited Yasouj water treatment plant in Kohgilouyeh-Boyerahmad Province has started the supply of good quality drinking water to around 60,000 residents of the county, the head of the…
Oil prices rose in Asian trade on Friday, but were poised for a third straight week of losses after markets witnessed dramatic drops on fears of a weakening US economy and slowing Chinese demand…
Majlis Research Center, the influential research arm of the Iranian Parliament, says in a new report that land subsidence caused by overextraction from deleting groundwater resources is pushing…
Five domestically-made reactors have been delivered to Dena Petrochemical Company in Asalouyeh, southern Bushehr Province, and seven more will be supplied by domestic manufacturers by the end of…
Shahid Tondgouyan Petrochemical Complex in Khuzestan Province increased its output last Iranian year (March 2022-2023) compared to the previous year. The production of the company reached 1,216…
Oil prices extended losses on Wednesday after plunging 5% in the previous session, as investors fretted about the health of the US economy ahead of an expected Federal Reserve interest rate hike…
In line with plans to revitalize and balance groundwater resources in Semnan Province, 302 wells were equipped with smart meters last Iranian year (March 2022-2023), deputy of protection and…
Although the National Iranian Oil Company has boosted its natural gas and crude processing capacity over the last two years, both oil and gas sectors are in dire need of further…
Negotiations with Afghan officials to release Iran’s fair share of joint water resources has been a dismal failure and a change of policy and a stronger political leverage is needed to force…
The construction of Golestan Petrochemical Plant in Golestan Province, which has been halted for several years due to financial constraints, will resume soon. The executive operations to build…
The National Iranian Drilling Company has drilled 158 onshore and offshore oil and gas wells across Iran in the past 20 months. The length of the drilling operations reached 132,000 meters in…
A total of 50 billion liters of crude oil and petroleum products were transferred via pipelines from Tehran to northern regions, namely Gilan and Mazandaran provinces in the last fiscal year (…
Oil fell on Monday as concern over the economic impact of the US Federal Reserve potentially raising interest rates and weaker Chinese manufacturing data outweighed support from new OPEC+ supply…
The executive operations of Namin Petrochemical Complex in Namin County, Ardabil Province, is almost complete, but its launch will depend on meeting environmental standards, the director general…
Ilam Gas Refining Company reduced its gas flaring last year (March 2022-23) by 33% compared to the previous year, the managing director of the refinery said.
