Energy

New energy investment in emerging economies slipped last year to $133 billion, far from the 2017 record of $169 billion, mostly due to a slowdown in China, BloombergNEF said in its annual…

The first 310 megawatt gas unit of Dalahoo Combined Cycle Power Plant in Eslamabad-e-Gharb County, Kermanshah Province, started operation on Tuesday. With a total capacity of 910 MW, the power…

OPEC countries, which are meeting next week to discuss their level of oil output, should make the right decision for the global economy, which remains “very fragile”, the head of the…

Following the abrupt government decision to raise gasoline prices and sell it at two rates from November 15, consumption fell by at least 20% over a 10-day period, the National Iranian Oil…

Recent rainfall has by no means eased Tehran’s water crisis that has been a source of serious concern for years, managing director of Tehran Province Water and Wastewater Company said. “Water…

Natural gas production in the giant South Pars Gas Field in the Persian Gulf will increase by 70 million cubic meters per day before the calendar year is out, managing director of Pars Oil and…

So long as state-run automakers keep manufacturing low-quality vehicles, the people will be the main victims who have to face the economic burden stemming from the unprecedented rise in gasoline…

Oil prices rose on Monday as positive comments from the United States and China rekindled hopes in global markets that the world’s two largest economies could soon sign an interim deal to end…

In line with the expansion of renewable electricity, 20,000 small solar power installations will be set up to supply electricity to 20,000 rural and nomad families. Domestic companies…

The latest rationing and doubling of gasoline prices that started out of the blue last Friday (Nov. 15) will annually generate up to $5.5 billion in export revenue for the government, a board…

The semi-autonomous Iraqi region of Kurdistan may begin deliveries by early next year of around 250,000 barrels per day of crude oil to the federal government in Baghdad for exports, Iraqi Oil…

The decision to sell gasoline at two rates is a breeding ground for corruption, head of the Iran Gas Station Owners Union’s board of trustees said.

Following the government last week to raise gasoline prices by 200%, compressed natural gas consumption has risen by 2 million cubic meters a day since Nov. 15, head of CNG department at the…

Energy Minister Reza Ardakanian arrived in Moscow Thursday for talks with his Russian counterpart Alexander Novak and follow up on a planned $5 billion loan from the government in Russia. The…

The National Iranian Oil Products Distribution Company (NIOPDC) issued more than 4 million smart fuel cards during the last four months, head of the sate-run company said. “Now that gasoline…

Oil prices slipped for a third day on Wednesday as a surge in US stocks reinforced concerns about lackluster global economic growth, while hopes ebbed for any movement on the US-China trade war…

Iraq's crude production and exports continue at full throttle despite the recent violent demonstrations in the country, but analysts said the situation bears close watching as oil fields and…

Gasoline consumption should decline by at least 10% in the coming three months, head of the National Iranian Oil Products Distribution Company (NIOPDC) said. “Consumption is now at 95 million…

Domestic gas consumption jumped to new highs on  Tuesday reaching 693 million cubic meters per day,  dispatching director at the National Iranian Gas Company said. Mehdi Jamshidi Dana…

The Energy Ministry has signed agreements with knowledge-based firms and startups in the fields of robotics and industrial automation, deputy for research and human resources at the ministry…

Iran’s water deficit is about 130 billion cubic meters. In the best case scenario and even with higher rainfall this year, this huge shortage cannot be fixed. Thus, reducing consumption is a…

Saudi Arabia’s crude oil exports dipped to a 22-month low of 6.67 million bpd in September when the kingdom’s oil infrastructure was attacked that knocked off 5% of global daily supply for weeks…

Close to 70% of catalysts for key items in Arvand Petrochemical Complex in southern Khuzestan Province is produced by the local firms, managing director of the company said.

The 10th meeting of board of governors of the Regional Centre for Urban Water Management will be held in Tehran on December 5. Organized under the auspices of UNESCO, the meeting will be…

Several power and water projects were launched in the northern Semnan Province Monday. A 400 kV substation and 10 km of transmission line were inaugurated in Eyvanki District of Garmsar County,…