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August 09,2022
Goldman Sachs said the case for higher oil prices was still strong with current supply shortfalls well above its expectations in recent months, despite a recent retreat led by factors including...
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August 09,2022
Combined heat and power plants with a capacity of generating 1,145 megawatts are operational in industrial towns across Iran, the head of Iran Small Industries and Industrial Parks Organization...
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August 09,2022
The Iraqi Ministry of Electricity says it is in talks with Iran to increase natural gas imports from its eastern neighbor.
According to Ahmed al-Ebadi, a ministry spokesman, the volume of gas...
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August 09,2022
The construction of a polyvinyl chloride (PVC) unit, with a production capacity of 300,000 tons a year, at the Arvand Petrochemical Company in Mahshahr, Khuzestan Province, is making headway,...
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August 08,2022
Oil prices bounced higher from multi-month lows on Monday, as investors' appetite improved following data on US jobs and Chinese exports that eased recession concerns.
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August 08,2022
More than 500 knowledge-based firms are active in oil, gas and petrochemical sectors, of which 50 are capable of competing with foreign brands and their goods and technical services are sold in...
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August 08,2022
The first power plant constructed with the investment of industries has been connected to the national power grid, a deputy managing director of Iran Power Generation, Distribution and Transmission...
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August 08,2022
Gachsaran Petrochemical Plant in Kohgilouyeh-Boyerahmad Province is in its final stages of construction by Iranian experts and engineers, with help from knowledge-based companies, managing director...
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August 03,2022
The National Iranian Oil Company’s gasoline export revenues reached $32 million between March 21 and April 20.
According to the Islamic Republic of Iran Customs Administration's Statistics Office...
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August 03,2022
Bidbland Gas Refining Company increased its gas processing during the first quarter of the current Iranian year (March 21-June 21) by 67% compared with the same period of last year, managing...
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August 03,2022
Oil prices fell about 1% in early trade on Wednesday before paring some losses, ahead of a meeting of OPEC+ producers on fears of a slowdown in global growth hitting fuel demand and a firmer dollar...
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August 03,2022
Over 911,000 cubic meters of Karkheh River in the southern Khuzestan Province have been dredged since the beginning of the current fiscal year (March 21) not only to help prevent potential flooding...
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August 02,2022
A total of 95 water desalination plants with an aggregate capacity of 634,000 cubic meters per day are either operational or being built across the country, the head of the Department of Financial...
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August 02,2022
Isfahan Refinery’s net profit surpassed $433 million in the first quarter of the current Iranian year (March 21-June 21) compared with the same period of last year, the financial manager of Isfahan...
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August 02,2022
The first phase of a plan to transfer reclaimed sewage from Tabriz wastewater treatment plant to Urmia Lake has become operational, the governor general of East Azarbaijan Province said.
“The...
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August 02,2022
To increase heavy crude processing capacity, the Oil Ministry and a group of banks and private sector firms have signed memoranda of understanding worth $17.8 billion to build two refining...
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August 02,2022
Iranian experts and engineers have gained the knowhow of producing a special kind of drill bits used in the oil industry, said the director of Mechanical Engineering Research Group at the...
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August 02,2022
Oil prices dropped on Monday, as weak manufacturing data from China and Japan for July weighed on demand outlook, while investors braced for this week's meeting of officials from OPEC and other top...
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August 02,2022
The project to supply piped water to 67,000 people in 169 villages of Kurdestan Province is expected to be completed in 30 months, managing director of Kurdestan Water and Wastewater Company said...
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July 31,2022
More than 28 industrial and production units in urban and rural areas of Ilam Province were supplied with natural gas during spring, the head of Ilam Gas Company said.
“About 1,600 meters of gas...
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July 31,2022
Operations to complete two storage tanks and a jetty for loading and exporting sulfur from Siraf Pars Port on the Persian Gulf coast are underway, the National Iranian Oil Company’s director for...
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July 30,2022
Cracks have appeared in a tunnel that was slated to transfer water from Kanisib Dam in Piranshahr, West Azarbaijan Province, to Urmia Lake, the head of Iran Water and Power Resources Development...
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July 30,2022
Unprecedented torrential rainfall in the past few days in several provinces, including Tehran, Alborz, Markazi, Isfahan, Fars, Hormozgan, Sistan-Baluchestan, Yazd and Chaharmahal-Bakhtiari, has...
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July 30,2022
The mercaptan unit of South Pars Phase 1 Refinery has produced 1,400 tons of the odorant and plans are underway to increase the yearly output, the manager of the refinery said.
“The unit is the...
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July 29,2022
Oil prices rose in European trading on Friday as attention turned to next week's OPEC+ meeting and expectations that it will dash US hopes for a supply boost.