Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
July 21, 2023 17:55
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September 24,2019Apart from the slowdown in global oil demand resulting from slowing economies and the US-China trade war, another threat to oil demand may be lurking for oil markets over the next few months—China... -
September 23,2019The second phase of the National Smart Metering Program (known as Faham in Persian) is underway as planned and five million energy-intensive agricultural, housing and commercial units are due to...
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September 23,2019In less than two decades water demand in drought-stricken provinces, especially Sistan-Baluchestan, will surpass 220 million cubic meters, and this is while less than 60 mcm of water will be...
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September 23,2019Petrochemical plants in Iran annually use 33 million tons of feedstock from oil and gas refineries and NGL units, and with rise in the number of factories, feedstock will rise to 62 million tons by...
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September 23,2019Gasoline exports from Europe to the Middle East and Asia are set to surge this week after recent attacks on Saudi Arabia’s oil facilities crippled output at the kingdom’s refineries.
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September 23,2019Oil prices gained more than 1% to hit their highest levels in two sessions at the start of Monday’s trade as Middle East tensions remained elevated, supporting prices.
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September 22,2019Saudi state oil firm Aramco has told Japanese refiner JXTG Nippon Oil & Energy about a possible change in shipment, raising concern about the kingdom’s ability to supply crude oil a week after...
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September 22,2019Diesel consumption since the beginning of the current fiscal year in March has jumped to astonishing levels compared to last year, director of the CNG office of the National Iranian Oil Refining...
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September 22,2019China has around 80 days of oil in storage, including those in its strategic petroleum reserve (SPR), oil storage at oil firms and commercial stocks, a National Energy Administration (NEA) official...
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September 22,2019Twelve small and large dams are in different stages of construction in southern Bushehr Province with a total investment of $174 million, the caretaker of Bushehr Regional Water Company said. The...
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September 21,2019Expansion of Tehran’s wastewater network has registered 76% progress and is expected to be completed in five years, managing director of Tehran Province Water and Wastewater Company said. “The...
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September 21,2019Installed power generation capacity from small-scale power stations in northern Mazandaran Province has reached 220 megawatts. Managing director of the provincial electricity company, Hossein...
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September 21,2019Shell and Exxon are among the companies picked by the Pakistani government to build five LNG import terminals as part of efforts to boost natural gas imports to deal with supply shortages, Oil...
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September 21,2019While rural electrification rate in the world is 76% (based on United Nations data), the figure is almost 100% in Iran, Energy Minister Reza Ardakanian said. "An estimated 21 million people in...
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September 20,2019The Oil Ministry will support startups and knowledge-based firms in related industries, the Oil Minister said on the weekend. Visiting the construction site of a new technology park in Shahr-e Rey...
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September 20,2019Oil prices were on track to jump more than 7% this week, their biggest weekly rise in months, on rising Middle East tensions after a key Saudi Arabian supply hub was knocked out in an attack last...
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September 20,2019With almost 500 million cubic meters of water wasted in the industrial and farming sectors in Semnan Province, a plan to transfer water from the Caspian Sea in the north to the arid region would...
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September 18,2019Oil prices were little changed Wednesday, steadying after Saudi Arabia said it would restore by the end of the month production lost in weekend attacks on its facilities.
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September 18,2019Daily gas production capacity in Khangiran Gas Field in Khorasan Razavi Province will increase by 2.5 million cubic meters in three months, managing director of the East Oil and Gas Production...
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September 18,2019Investors managing $15 trillion in assets turned up the heat on the oil and gas sector on Wednesday ahead of a United Nations summit in New York aimed at accelerating efforts to fight climate...
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September 17,2019The latest attack on Saudi oil installations will push up the war risk insurance, thereby increasing the total cost of deliveries as freight rates also have an upside potential amid likely change...
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September 17,2019The pattern of deficits in underground water resources in Fars Province is approaching appalling levels and is closer to the one billion cubic meters, says the managing director of the provincial...
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September 17,2019Iran will invest $40 billion in the petrochemical sector to increase annual output from the current 66 million tons to 133 million tons over six years, managing director of the National...
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September 16,2019Oil prices surged on Monday, with Brent crude posting its biggest intra-day percentage gain since the Persian Gulf War in 1991, after an attack on Saudi oil facilities on Saturday shut over 5% of...
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September 16,2019Power consumption fell below 40,000 megawatts at the weekend after 127 days as temperatures dropped across the country. Consumption had surpassed 40,000 MW in May and increased gradually until...
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