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May 16,2022
The National Iranian Oil Company plans to sign a $7.5-billion contract on the development of joint fields with a consortium of domestic companies, managing director of NIOC said.
“The imminent...
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May 16,2022
Oil prices fell on Monday, paring early gains as investors took profit following a surge in the previous session, albeit in the shadow of supply fear as the European Union prepares an import ban on...
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May 15,2022
The National Iranian Oil Company has planned to increase the output of Azadegan Oilfield in Khuzestan Province to 570,000 barrels of oil per day, NIOC’s director of integrated planning said.
“...
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May 15,2022
Ahvaz East Wastewater Treatment Plant, with a daily capacity of 112,000 cubic meters, became operational in Khuzestan Province on Sunday.
“Completed at a cost of $32 million by the Energy Ministry...
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May 15,2022
Transferring reclaimed wastewater to Urmia Lake is a practical solution without environmental costs, which can help revive the troubled inland water body, the head of West Azarbaijan Water and...
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May 14,2022
The first phase of Jofeir and Sepehr oilfields’ development plans in Khuzestan Province will be completed in November, managing director of Pasargad Energy Development Company said.
“The fields’...
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May 14,2022
An estimated 128 billion liters of crude oil and petroleum byproducts were transported daily via pipelines in 2021, indicating a 65% rise over the last 40 years, managing director of the Iranian...
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May 14,2022
Iran and Armenia are to expand mutual ties, especially in the field of water and the environment.
A delegation headed by the Iranian Energy Minister Ali Akbar Mehrabian recently met with the...
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May 13,2022
The project to install gas pipeline to feed natural gas to Aryan Power Plant in Zanjan Province will be completed by the end of June, managing director of Zanjan Gas Company said.
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May 13,2022
The development of oil and gas fields shared with neighboring states, collection and processing of associated petroleum gas and optimization of hydrocarbon value chains with the help of knowledge-...
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May 13,2022
The Persian Gulf Petrochemical Industries Company has planned to produce 20.5 million tons of products by the end of the current Iranian year (March 2023), managing director of the company said.
“...
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May 11,2022
Tehran is totally opposed to any dam-building projects on shared water resources in border areas, especially large dam projects being carried out by Turkey.
Iran’s Foreign Minister Hossein Amir-...
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May 11,2022
Oil rose on Wednesday, following a 9% drop over the previous two sessions, on supply concerns, as the European Union worked on gaining support for a ban on Russian oil and major producers warned...
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May 11,2022
The total revenues of Iran’s petrochemical industry will increase by $4 billion compared to last Iranian year (March 2021-22) and reach $27 billion by the end of the current fiscal year (March 2023...
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May 10,2022
Gas refineries and petrochemical plants across Iran are operating at half their capacity due to lack of feedstock, deputy oil minister for planning and supervision of hydrocarbon resources said.
“...
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May 10,2022
A total of 275 small-scale power plants with a distributed generation system and a capacity 1,100 megawatts, are operational across the country, which show an 8% growth compared with the same time...
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May 10,2022
Crude oil production by OPEC and its partners fell to a six-month low of 41.58 million bpd in April, as Russian production took a battering from Western sanctions, the latest Platts survey by S...
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May 10,2022
The 26th International Oil, Gas, Refining and Petrochemical Exhibition, dubbed Iran Oil Show, will be held on May 13-16 at Tehran’s Permanent Fairground.
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May 09,2022
Over 1 million smart meters have been installed across Iran for high-consuming subscribers and the installation program is progressing, a spokesperson for Power Generation, Distribution and...
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May 09,2022
Oil prices slipped on Monday, along with stock markets in Asia, sparked by weak China data and fears a global recession could dampen oil demand, with investors eying European Union talks on a...
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May 09,2022
Iraq has reached new agreements with Iran to increase natural gas import, the spokesman of Iraq’s Ministry of Electricity said.
“Iran has agreed to increase gas supply to Iraq from 8 million cubic...
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May 08,2022
Two petrochemical companies in the southwest hit production records last Iranian year (March 2021-22).
Amir Kabir Petrochemical Company in Mahshahr, Khuzestan Province, set a record in recent...
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May 08,2022
Iran Gas Engineering and Development Company has completed pipe-laying operations to transfer natural gas from Zahedan to Zabol in southeastern Sistan-Baluchestan Province, managing director of the...
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May 08,2022
Oil derivatives, polymers and natural gas accounted for $25 billion of Iran’s non-oil export value in the last fiscal year that ended on March 20, the head of the Iranian Oil, Gas and Petrochemical...
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May 07,2022
Iran entered a period of dry spells 20 years ago and the long-term drought is expected to last at least for 10 more years, the head of Geological Survey and Mineral Exploration said.
“Under such...