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October 30,2021
Iran’s natural gas production will reach 940 million cubic meters per day during winter when consumption of the domestic, commercial, industrial and power plants rises, managing director of the...
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October 29,2021
Shahid Tondgouyan Petrochemical Company in Khuzestan Province has set a record in the production of polyethylene terephthalate (PET) products during the first seven months of the current Iranian...
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October 29,2021
Oil prices edged up on Friday but were headed for their first weekly losses in at least eight weeks after US oil stocks rose more than expected and Iran flagged it was resuming talks with Western...
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October 29,2021
There is a direct link between economic growth and power consumption, such that economy cannot boom as long as electricity is not used efficiently.
Energy Minister Ali Akbar Mehrabian made the...
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October 29,2021
Fajr Jam Gas Refining Company processed 10.5 billion cubic meters of gas in the first half of the current Iranian year (started March 21), which is 6% higher compared with the same period of last...
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October 27,2021
The steam unit of Chabahar Power Plant in Sistan-Baluchestan Province will come on stream in winter.
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October 27,2021
Oil prices fell on Wednesday after industry data showed crude oil stockpiles rose more than expected and fuel inventories unexpectedly increased last week in the United States, the world's largest...
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October 27,2021
The 21st Iran International Electricity Exhibition that focuses exclusively on the electrical industry of the country will be held October 29-November 1 at Tehran International Permanent Fairground...
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October 27,2021
The operating revenues of Bu Ali Sina Petrochemical Company in Mahshahr, Khuzestan Province, tripled in the current Iranian year’s first six months (March 21-Sept. 22) compared with the same period...
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October 27,2021
Nearly 50% of gas stations across Iran have resumed normal operations and are selling unsubsidized fuel after cyberattacks severely disrupted the sale of subsidized gasoline on Tuesday, the head of...
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October 26,2021
Shiraz Petrochemical Company in the southern Fars Province generated an operating income of $200 million in the first half of the current Iranian year (March 21-Sept. 22), which was 106% more than...
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October 26,2021
More than $130 million will be allocated to the power and water projects in Ardabil Province within three years to address electricity and water issues in the province, the energy minister said.
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October 26,2021
Lack of investment has severely impaired the National Iranian Oil Company’s ability to process crude, which explains the firm’s declining refining capacity over the past eight years.
According to...
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October 25,2021
Per capita gasoline consumption in Iran, with a population of 83 million, is above the global average.
According to IRNA and based on data from the Oil Ministry and the National Iranian Oil...
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October 25,2021
Oil prices climbed on Monday, extending pre-weekend gains to hit multi-year highs as global supply remained tight amid solid fuel demand in the United States and elsewhere in the world, as...
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October 25,2021
Precipitation in Tehran Province has plummeted by a massive 97% since Sept. 23 (beginning of the current water year), which is unprecedented in the last 50 years, deputy for water and hydropower...
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October 24,2021
Nearly $80 billion have been invested in the upstream sector of South Pars Gas Field in the Persian Gulf so far, but more is needed to complete the unfinished phases in the huge field, managing...
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October 24,2021
Construction work to channel water from Zab River along the western borders to the troubled Lake Urmia in the northwest has registered 90% progress and is expected to come on stream in February...
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October 20,2021
More than 32 million tons of various petrochemical products were produced in the first half of the current fiscal year in Iran (March 21-Sept. 22), the production control manager of the National...
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October 20,2021
South Pars Gas Field’s products, including gas condensates, natural gas and derivatives, accounted for 50% of government revenues in 2020, the managing director of South Pars Gas Complex said.
"...
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October 19,2021
The volume of natural gas consumed by 67 petrochemical companies in Iran is negligible compared to the industry’s revenue-generating potential.
Rejecting claims of high consumption of natural gas...
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October 19,2021
The project to build Astara Rubber Dam in Astara County, Gilan Province, has registered 53% physical progress while its construction started four years ago and was supposed to be completed in 18...
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October 19,2021
In line with Iran’s move toward sustainable energy, solar power can assist its adoption of technological innovation and help generate employment.
Amir Abbas Hosseini, the head of Ghadir Energy...
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October 19,2021
OPEC+ compliance with oil cuts fell slightly in September, sources said, indicating that as the alliance raises production targets, some members are still falling short as they face challenges in...
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October 18,2021
Oil prices hit their highest level in years on Monday, as demand recovers from the Covid-19 pandemic, boosted by more customers turning away from expensive gas and coal to fuel oil and diesel.