Energy

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

Oil Prices Tick Up
Oil Prices Tick Up
July 21, 2023 17:55
  • Brent, WTI Prices Stumble
    Oil prices fell on Monday as a continued surge in coronavirus cases globally forced a series of renewed lockdowns, including strict new measures in Southern California in the United States, the...
  • Private Company Collects APG in Khuzestan Oilfield
    Tamkar Gas Equipment Company, a knowledge-based firm, has developed an associated petroleum gas (APG) or flare gas recovery system to reduce greenhouse gas emissions in Parsi Oilfield near Ahvaz in...
  • Power Plant in Ahvaz Using More Indigenized Equipment
    Iranian engineers indigenized some 1,000 parts used in Ramin Power Plant in Ahvaz, Khuzestan Province, during the first eight months of the current Persian calendar year (March 20-Nov. 20),...
  • Yazd Water Stress Worsens
    The rise in ground water salinity including from deep wells in Yazd has harmed the quality of drinking water in the arid region, managing director of the provincial water company said. “...
  • Kurdistan Dam Projects Slow
    Construction of two dams, Javeh and Azad, is underway in western Kurdistan Province and $90 million has already been spent on the two projects but work is slow due to funding constraints, managing...
  • Ferdowsi Power Plant Raising Efficiency
    The first 160 megawatt steam unit of Ferdowsi Power Plant in Mashhad, Khorasan Razavi Province, was launched at the weekend, as the first step to convert the conventional thermal station into a...
  • Oil Dependency in New Budget Is Unwarranted
    Return of normalcy to Iran’s oil export after US president-elect Joe Biden takes office in January and eases the economic siege is way off, a deputy head of the Iran Chamber of Commerce, Industries...
  • Large Pumps Used in Oil, Gas Industry Indigenized
    Large BB3 multistage centrifugal pumps used in the oil and gas industry have been indigenized, the managing director of Iran Industrial Pumps Company said. “The pumps are intricate in terms of...
  • Wind Power Reaches Sistan
    The first phase of a large wind farm in the Mil-e-Nader village in Zabol County, southeastern province of Sistan-Baluchistan, started partial operation on Thursday, deputy minister of energy said...
  • Oil Prices Jump After OPEC+ Inks Supply Compromise
    Oil prices jumped around 2% on Friday, heading for a fifth week of gains, as major producers agreed on a compromise to continue some cuts to production to cope with coronavirus-hit demand even...
  • The Unending Drought
    Large swathes in South Khorasan Province are affected by different levels of drought, head of the provincial Metrological Organization said. “Water paucity poses a serious threat to the livelihood...
  • First Refrigeration Compressor Installed by Iranians at SP Refinery
    Iranian engineers have set up and manage the refrigeration compressor at the 10th refinery of South Pars Gas Field Phase 19 for the first time in Pars Special Economic Energy Zone on the northern...
  • Gas Supply to Power Stations Up 5%
    Natural gas delivery to 123 thermal power plants reached 42 billion cubic meters from March to August -- up 5% compared to the same period last year, head of National Iranian Gas Company...
  • Oil Falls After OPEC+ Delays Talks
    Oil prices fell on Tuesday as concerns over mounting supply returned to the fore after leading producers delayed talks on 2021 output policy, while the coronavirus pandemic continues to sap fuel...
  • Surface Waters Inflict Loss in Ahvaz, Again
    Lack of efficient rainwater management in Ahvaz, southwestern Khuzestan Province, is the main culprit causing floods again in urban districts, director of the National Water and Wastewater...
  • Tehran Oil Refinery Is Eco-Friendly
    Tehran Oil Refining Company has been introduced by the National Iranian Oil Refining and Distribution Company as the top refiner in terms of measures taken to help preserve the environment. The...
  • 2 Dams in Borujerd Await Funding
    The government has earmarked $33.5 million to accelerate the completion of two long-delayed dams in Borujerd County, Lorestan Province, the county’s lawmaker said. Construction of Absardeh and...
  • Oil Prices Tumble 2%
    Crude oil prices tumbled Monday as investors waited for a decision by producer group OPEC+ whether to extend large output cuts to balance global markets, but vaccine hopes helped keep benchmarks on...
  • Afghan Dam Constructions Threaten Iran Water Share
    Construction of the Kamal Khan Dam on Helmand River now near completion will profoundly affect water supply to Iranian wetlands and aggravate environmental problems in east and southeastern Iran,...
  • Power Plant in Tehran to Be Decommissioned
    The 200-megawatt Besat Thermal Power Plant in south Tehran is dilapidated after 50 plus years in service. It is close to decommissioning and will be replaced with a modern combined-cycled power...
  • Isfahan Power Plant to Help Support Water Conservation
    Isfahan wastewater network will be linked via a 3000-meter pipeline to the sewage treatment unit of Isfahan Power Plant, in the eponymous central province, and save 5 million cubic meters of water...
  • Bid to Resolve Debt Problem of Private Power Producers
    Talks are being held to help address the financial problems of private power producers who built plants with forex loans from the National Development Fund of Iran (sovereign wealth fund) and are...
  • Oil Prices Set for Weekly Gain
    Oil prices were mixed on Friday but remained on course for a fourth straight week of gains ahead of an OPEC+ meeting early next week.  
  • New Petrochemical Plant to Raise Urea, Ammonia Output
    Lordegan Petrochemical Plant in western Chaharmahal-Bakhtiari Province was inaugurated on Thursday. The plant will produce 1.075 million tons of urea and 677,000 tons of ammonia and generate $240...
  • Qanats on UNESCO World Heritage List
    Eleven qantas in five provinces were registered on the World Heritage List of the United Nations Educational, Scientific, and Cultural Organization (UNESCO). Qasem Taqizadeh Khamesi, head of the...

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