Energy
iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.
February 26, 2020 18:57
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January 24,2020With the aim of developing power generation, approximately 2.3 billion cubic meters of associate petroleum gas has been harnessed from Sirri Island oilfields in the Persian Gulf for power plants in... -
January 24,2020As it struggles with its energy needs, Iraq is set to hold a fifth bidding round for exploration and development of natural gas fields in an eastern province of the country. -
January 24,2020A new photovoltaic power station in Hamedan Province was synchronized with the national power grid on Thursday. -
January 22,2020To help improve the quality of low-sulphur fuels and its compliance with the International Maritime Organization’s new rules (sulphur content no more than 0.5%) took effect on Jan 1, a refinery... -
January 22,2020Heavy rains from the beginning of the current water year in September have significantly boosted water levels in hydroelectric dams. Dams across Iran can hold a maximum of 50 billion cubic meters... -
January 22,2020UK-based supermajor BP has withdrawn from the Kirkuk oilfield in northern Iraq after its field study contract expired, and no deal was signed for a potential expansion, likely because of... -
January 22,2020To curb air pollution and reliance on fossil fuels, Iran’s Oil Minister Bijan Namdar Zanganeh has set forth a plan to convert carbureted motorcycles into using compressed natural gas (CNG). There... -
January 22,2020Petrochemical companies in Iran can export only after domestic needs are met, managing director of the National Petrochemical Company said. Referring to the NPC’s support for downstream industries... -
January 22,2020Oil prices eased on Wednesday, extending declines as the International Energy Agency forecast a market surplus in the first half, helping ease concerns about disruptions that have slashed Libya’s... -
January 21,2020Natural gas supply has increased by 75 million cubic meters a day since Nov 2019, dispatching director of the National Iranian Gas Company said. “NIGC is now delivering 850 mcm of gas per day... -
January 21,2020The second and third units of Daran Wastewater Treatment Plant in Faridan County, Isfahan Province, are near completion and will come online soon, managing director of the provincial Water and... -
January 20,2020Oil prices rose to their highest in more than week on Monday after two large crude production bases in Libya began shutting down amid a military blockade, setting the stage for crude flows from the... -
January 20,2020The first gas unit of Hengam Power Plant in Bandar Abbas, Hormozgan Province, with 307-megawatt capacity will come online in February, managing director of Iran's Thermal Power Plants Holding... -
January 19,2020The pattern of power exports over the past three years is worthy of appreciation because, among other things, it indicates judicious domestic electricity consumption. Consumption declined by an... -
January 19,2020Gas consumption in the household sector is expected to surpass 600 million cubic meters (per day) as cold spell is sweeping across many regions, head of the public relations office of the National... -
January 18,2020The sharp rise in household gas consumption due to the cold weather has resulted in cutting gas supply to other sectors, including cement factories and power plants. In the past week feedstock (... -
January 18,2020The start-up of the massive Johan Sverdrup oilfield sent Norway’s oil production rising to a nine-year high in December 2019, beating the authorities’ forecast by 12.7%, data from the Norwegian... -
January 18,2020A whopping 3 billion cubic meters of water evaporates annually from dams nationwide, head of water technology development workgroup at the Presidential Office for Science and Technology said. “As... -
January 18,2020Worldwide oil demand forecasts may be lower than in previous years, but OPEC Secretary-General Mohammed Barkindo said Friday to CNBC that demand growth is still “robust” and could surprise to the... -
January 17,2020Iran will have produced $215 million worth of catalysts for the petrochemical industry by 2022, managing director of the Petrochemical Research and Technology Company said. “PRTC is striving to... -
January 17,2020Oil prices edged higher on Friday but were set to end the week broadly steady as sluggish economic growth in China, the world’s biggest crude importer, raised concerns about fuel demand and... -
January 15,2020China’s crude oil imports in 2019 surged 9.5% from a year earlier, setting a record for a 17th straight year, as demand growth from new refineries built last year propelled purchases by the world’s... -
January 15,2020Reports on the progress of the huge petrochemical industry in Iran are regularly fed into by the media in and outside the country. There is no denying the fact that this sector and gas companies... -
January 14,2020Venezuela’s state-owned oil firm PDVSA is moving to market its crude oil overseas by enlisting its joint venture partners, including US supermajor Chevron, to sell cargoes to buyers in Asia and... -
January 14,2020The second phase of Takht-e-Jamshid Petrochemical Plant in Mahshahr, Khuzestan Province, was launched Tuesday. It will produce 73,000 tons of polybutadiene rubber (PBR) and 20,000 tons of latex a...
