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September 24,2021
The Oil Ministry has invested around $10 billion on the development of Azar joint oilfield in Ilam Province to increase the output from the field, which currently stands at 65,000 barrels per day,...
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September 24,2021
Power supply restrictions on industries, including steel and cement factories, have been removed, a spokesperson for the Power Generation, Distribution and Transmission Company (Tavanir) said.
“...
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September 22,2021
The National Iranian Oil Company has prepared a long-term plan to attract foreign and domestic investments worth $145 billion over the next four years.
Oil Minister Javad Owji made the statement...
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September 22,2021
The number of electricity meters nationwide has risen by 350,000 over the past 12 months to reach 38 million.
According to IRNA and based on information from the Energy Ministry and Iran Power...
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September 22,2021
Soaring gas prices are the cost of the attempted shift to renewable energy sources, OPEC Secretary-General Mohammed Barkindo told CNBC.
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September 22,2021
The construction of a thermal power plant near Zahedan, Sistan-Baluchestan Province, will start soon, director of gas power plants project at Thermal Power Plants Holding Company said.
“Located 10...
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September 22,2021
The National Iranian Oil Company has prepared a long-term plan to attract foreign and domestic investments worth $145 billion over the next four years.
Oil Minister Javad Owji made the statement...
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September 21,2021
Oil prices rose on Tuesday as analysts pointed to signs of US supply tightness, ending days of losses as global markets remain haunted by the potential impact on China's economy of a crisis at...
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September 21,2021
Dena Petrochemical Complex in Asalouyeh, Bushehr Province, which is currently under construction, has signed a contract worth over $3.7 million with local manufacturers to support domestic...
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September 21,2021
As soon as mercaptan removal units in gas refineries of South Pars Gas Field in the southern Bushehr Province become operational, natural gas will be replaced with condensates in thermal power...
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September 20,2021
There are 67 petrochemical companies in Iran, which account for less than 0.5% of total annual water consumption.
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September 20,2021
Iran remained the single largest provider of energy subsidies across the globe in 2020.
According to IRNA and based on data from the International Energy Agency, Iran paid $29.7 billion in energy...
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September 20,2021
The sulfur output of Ilam Gas Refining Company in Ilam Province has grown by 25% in the first five months of the current Iranian year (March 21-Aug. 22) compared with the same period of last year,...
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September 19,2021
Oil Minister Javad Owji has appointed Majid Chegeni as the managing director of the National Iranian Gas Company on Sunday.
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September 19,2021
Dams across Iran has the capacity to hold 50.5 billion cubic meters of water, but currently only 39% of their total capacity is filled, which is due to lower precipitation in the past water year (...
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September 19,2021
The controversial policy of paying subsidies to the loss-making power sector that has kept electricity prices low for consumers is unsustainable and has put private power producers in danger of...
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September 18,2021
The development of oil and gas fields shared with neighboring states is a top priority, but unfortunately the Oil Ministry has long been grappling with financial constraints, a lawmaker from Fars...
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September 18,2021
Amir Kabir Petrochemical Plant in Mahshahr, Khuzestan Province, has increased its output and exports in the first five months of the current Iranian year (March 21-Aug. 22) compared with the same...
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September 18,2021
The construction of Emarat Dam in Germi County in northwestern Ardabil Province has registered 95% physical progress and will be launched in February 2022, Mehr News Agency reported.
Built on...
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September 17,2021
Oil prices fell on Friday as more supply came back on stream in the US Gulf of Mexico following two hurricanes, but both benchmark contracts were on track for weekly gains of more than 3% as...
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September 17,2021
The National Water and Wastewater Engineering Company of Iran (Abfa) is ready to supply at least 15 million cubic meters of treated wastewater to Tehran Municipality a year for watering parks and...
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September 17,2021
Iran’s Oil Ministry has planned to increase output in joint oilfields that contain more than 153 billion barrels of extractable oil.
Oil Ministry Javad Owji made the statement during a visit to...
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September 15,2021
Investors managing more than $10 trillion on Wednesday published an ambitious blueprint for energy companies, seeking to tackle climate change, including sharp cuts to greenhouse gas emissions and...
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September 15,2021
Despite the National Iranian Oil Refining and Distribution Company’s efforts to fill the thermal power plants’ inventories, they are still 25% empty and power cuts loom in winter, the spokesman of...
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September 15,2021
The Persian Gulf Petrochemical Industries Corporation has improved its position in the latest ranking released by the Independent Commodity Intelligence Services, which is the world’s largest...