energy

Iran Chamber of Commerce joins government efforts to address power imbalance

In a collaborative effort to tackle the ongoing electricity imbalance in Iran, the Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) has joined forces with the government to find sustainable solutions, with a specific focus on enhancing renewable energy production.

Energy

Iran targets 8,000 MW wind power capacity amid renewable energy push

Iran’s Ministry of Energy has announced plans to increase wind power generation capacity to 8,000 megawatts (MW) as part of a broader strategy to achieve 30,000 MW from renewable energy sources, including solar and wind.

Energy

Iran’s gasoline consumption increases by 7.4%

The head of the National Iranian Oil Products Distribution Company (NIOPDC) announced that the country’s daily gasoline consumption has risen by 7.4% year-on-year, reaching 124 million liters per day.

Energy

Iran’s renewable energy capacity to reach 4,800 MW next year

Iran’s deputy energy minister said that the capacity of generating electricity from renewable sources will reach 4,800 megawatts (MW) by the end of the next Iranian calendar year (March 20, 2026).

Energy

Iran holds international exhibition on renewable energies

The 14th Iran International Renewable Energy and Energy Efficiency Exhibition opened in Tehran on Thursday, January 2.

Energy

Iran achieves record gas output at South Pars

Iran has set a new record for natural gas production at the South Pars field, reaching 712 million cubic meters per day, according to the head of Pars Oil and Gas Company (POGC), which is in charge of the giant field development.

Energy

Iran Chamber of Commerce president backs "Two Degrees Lower" campaign

The president of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) has urged economic and industrial players to support the government’s “Two Degrees Lower” campaign, aimed at easing the country’s energy imbalance.

Iran Chamber

Iran’s diesel fuel production hits record high of 124mn liters per day

Iran’s average production of diesel fuel has surged by 13 million liters, reaching a new record of 124 million liters per day.

Energy

GECF meeting’s final statement highlights energy security, regional stability

The Gas Exporting Countries Forum (GECF) concluded its 26th Ministerial Meeting in Tehran with a final statement emphasizing the pivotal role of natural gas in energy security, economic development, and sustainability.

Energy

Natural gas to meet 26% of global energy needs by 2050: Iranian minister

Natural gas is projected to account for 26% of the global energy basket by 2050, Iranian Oil Minister Mohsen Paknejad said citing forecasts by the Secretariat of the Gas Exporting Countries Forum (GECF).

Energy