Energy

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

  • Kuwaiti National Petroleum Company (KNPC) announced on Saturday that a leak had been discovered in a water treatment unit tank at its Mina Abdullah refinery, the state news agency reported.…

  • A powerful and extremely deep earthquake struck near remote Japanese islands and shook most of the country Saturday evening, but officials said there was no threat of a tsunami, and no injuries or…

  • Work at an oilfield run by both Kuwait and Saudi Arabia was suspended on May 11, ostensibly for maintenance, but the project remains closed to allow the two countries to resolve a persistent…

  • Renewable Energy Organization of Iran (SUNA) is planning to capitalize on wind energy potentials across the country to turn it into a reliable resource of energy.

  • Mexico’s oil regulator voted late on Friday to relax rules on bidding terms and contracts that form the first step in a historic sector opening that kicks off this summer with the public auction…

  • The Iranian Commercial Gas Company (ICGC) plans to build liquefied petroleum gas (LPG) reservoirs overseas while funding and execution of the project is expected to be undertaken by the private…

  • Despite the increase in gasoline prices and the removal of subsidized gasoline quota, the price of gasoline in Iran is almost three times lower than the global average, according to the latest…

  • Outside the boardroom of BP Plc’s headquarters on London’s swanky St. James’s Square, a display case houses the geological data from Masjid-i-Solaiman, Iran’s first oil well.

  • Major overhaul and the corresponding fall in production notwithstanding, 260 million cubic meters of natural gas will be delivered to power plants everyday between June and August, the National…

  • Oil explorers idled rigs in US fields for the 25th straight week, drawing out an unprecedented retreat in drilling that has curbed the country’s shale oil boom and helped crude prices rally,…

  • Trilateral gas talks between Russia, Ukraine and the European Commission (EC) will be held next week in Belgium’s capital Brussels, Ukraine’s permanent representative to the European Union…

  • Asian imports of Iranian crude rose 12 percent in April from the previous month to a four-month high of almost 1.2 million barrels per day (bpd), Reuters reported.

  • The oldest Iranian floating oil storage unit (FSU) 'Sourena' was decommissioned after 14 years due to technical problems and dilapidated installations, head of Sourena at the Iranian Continental…

  • Water supply from the Talvar Dam in Hamedan, in west Iran, is among the most crucial projects to help meet the potable water needs of the city. It is scheduled to become operational by the yearend…

  • Gas extraction from the first platform of Phase 18 of South Pars gas field has commenced, director of phases 17 and 18 said, adding that the phase's output will be pumped to and processed in…

  • Energy Minister Hamid Chitchian will inaugurate eight water and electricity projects during his visit to the southern Khuzestan Province, Fars news agency reported.

    The first phase of…

  • Gas has been injected into Haftkel oilfield for the first time to enhance the field's recovery rate, managing director of Masjed Soleyman Oil & Gas Producing Company announced, IRNA…

  • Saudi Aramco may raise the number of its oil and gas drilling rigs to as high as 250 next year if oil prices continue to firm and as domestic demand for gas increases, industry sources said on…

  • Oman has committed to invest $7 billion to build oil storage facilities, a petrochemical plant and a refinery in Indonesia, an Indonesian minister said on Thursday, Reuters reported. Oman also…

  • Makran petrochemical complex will be Iran’s new petrochemical hub, currently being constructed with more than $12 billion in private investment, IRNA reported.

  • Apart from drinking and agricultural needs, the huge increase in water demand is now affecting key industries, namely power generation and experts have warned that the present situation coupled…

  • Billionaire Viktor Vekselberg is out to prove that solar has a place in Russia, the world’s largest exporter of oil and gas, Bloomberg reported.

    Hevel Solar, a venture between Vekselberg’s…

  • The first gas unit of Mahshahr Combined Cycle Power Plant in Khuzestan Province will be launched by October, managing director of the Khuzestan Regional Electricity Co. (KZREC) said, Shana…

  • France's lower house of parliament has approved a bill aimed at boosting renewable energy and reducing the country's reliance on nuclear power, among other environment-friendly measures, AP…

  • Investing in small-scale power plants and improving infrastructure to expand power generation are among opportunities now available to private enterprise, deputy managing director of the Iran…