Energy

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

  • Nationwide Oil, Derivatives Supply at 100 Billion Liters
    The Iranian Oil Pipeline and Telecommunication Company has supplied close to 100 billion liters of crude and petroleum products nationwide since March 2019, managing director of the company said...
  • Oil Jumps 3% on Reports of Effective Coronavirus Drug
    Oil prices jumped by more than 3% on Wednesday on reports that scientists have developed an effective drug against the fast-spreading coronavirus that has weighed heavily on global economic...
  • Utility Struggles to Cut Non-Revenue Water
    It is estimated that 600 million cubic meters of water is wasted in the country every year. From this colossal malfunction the loss of 153 mcm (non-revenue water) cannot be avoided, head of the...
  • Water, Electricity and Economic Development of Iran
    Over 57,000 villages across Iran, comprising the total rural population, are connected to the national power grid. According to the Energy Ministry news portal Paven, while rural electrification...
  • Water Mismanagement
    From official reports it is apparent the water authorities have failed to manage consumption in the country over the past ten decades. The monstrous growth of cities and population explosion has...
  • Solar Rooftops Will Augment Income of Deprived Families
    A total of 2,000 rooftop photovoltaic panels, each with a capacity of 5 kilowatts, will be set up for underprivileged families in North Khorasan Province by the end of the next fiscal (March 2021...
  • Iran Firms Complete Overseas Power Projects Worth $4.6b
    Iranian companies involved in the water and power industries undertook 100 foreign projects in the last decade, overseas project manager in Iran's Water Resources Management Company (a subsidiary...
  • Brent, WTI Extend Decline
    Oil prices extended declines on Monday, dragged down by worries about lower demand in the world’s largest oil importer China following the coronavirus breakout.  
  • Amir Kabir Engineers Run Olefin Plant in Russia
    Amir Kabir Petrochemical Company has sent engineers to Sibur Holding in Russia to operate an olefin plant and train personnel. This is the first time Iranian petrochemical staff instruct their...
  • Electricity Consumption in Agriculture Sector Declines
    Power consumption data between March to December 2019 shows an increase of 3.2% compared to the corresponding period in the previous year. Subscribers used 195 billion kilo watt hours in the 9-...
  • Bushehr Wastewater Network 80% Complete
    So far $14 million have been spent on building the wastewater network in Bushehr, capital city of Bushehr Province and the project has made 80% progress, managing director of Bushehr Water and...
  • South Pars Output to Surpass 670 mcm/d by March
    The last offshore deck of Phase 14 (14D) was installed on Saturday to boost output from the South Pars Gas Field,  the development manager said. “As soon as hookup operations are over, the new...
  • OPEC+ Mulls Advancing Meeting Date
    A coronavirus-triggered 10% fall in crude oil prices over the last two weeks has shaken some OPEC countries --- including kingpin Saudi Arabia --- to the realization that waiting until March 5-6,...
  • Tehran Solar Power in Expansion Mode
    Two solar power plants in Rey and Damavand counties of Tehran Province were inaugurated Tuesday. A 12.7 megawatt solar power plant in Shahr-e-Rey City in the south and an 8.4 MW photovoltaic power...
  • Water Quality Improves Further in South Tehran
    The second phase of Tehran's seventh water treatment plant (Mamlou Treatment Plant) became operational, managing director of Tehran Province Water and Wastewater Company said. It will help improve...
  • Kish to Host Domestic Petrochem Expo
    Kish Island in the Persian Gulf will host a conference and exhibition on supporting domestic petrochemical industries and will focus on Persian Gulf Petrochemical Industries Company  The Feb 16-18...
  • Oil Drops Below $60 as China Virus Drives Demand Concern
    Crude prices extended declines on Monday, dropping below $60 for the first time in nearly three months as the death toll from China’s coronavirus rose and more businesses were forced to shut down,...
  • Contingency Plans Crucial in Flood Risk Management
    Timely and effective flood mitigation strategies help in saving precious lives and minimizing material loss, director of the National Water and Wastewater Engineering Company of Iran (Abfa) said “...
  • IMO 2020 Preparations Paid Off
    International Bunker Industry Association (IBIA) visited various shipping and bunker participants in Copenhagen earlier in January and said players reported "a surprisingly smooth transition" to...
  • NIGC Indigenizes 25 MW Gas Turbine
    The National Iranian Gas Company has indigenized a gas turbine for use in domestic gas pressure stations, head of the company’s research department said. "The 25 megawatt gas turbine was designed...
  • Iraq Buying Iran Gas, But Not Paying
    Oil Minister Bijan Namdar Zanganeh says Iraq does not pay for Iranian natural gas imports. “They (Iraqis) do not pay us (Oil Ministry) any money for the gas they import,” Zanganeh was quoted as...
  • Isfahan Refinery Opens Sulfur Granulation Unit
    Isfahan Oil Refining Company in central Isfahan Province has launched a sulfur granulation unit with a capacity of 300 tons a day. This is in line with policies to reduce environmental pollution...
  • Abfa Chief: Need for Avoiding Water Tensions
    From the foothills of the Taurus Mountains in Turkey where the Tigris and Euphrates rivers are fed to the desert Wadis on both sides of the Nile, the history of water conflicts provides a...
  • US Penalties ‘Have Not Deterred Much’ of Sino-Iran Oil Trade
    Newly announced US sanctions aimed at harming petroleum and petrochemical trade between Iran and China will not substantially impact China's status as the top importer of Iranian crude, analysts...
  • Top Oil Driller Reports on Nationwide Performance
    The National Iranian Drilling Company has drilled and repaired 96 onshore and offshore oil and gas wells since March 2019, the company’s deputy managing director for drilling affairs said. "With...

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