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May 28,2022
Oil prices hovered around a two-month high on Friday, with Brent crude on track for its biggest weekly jump in 1-1/2 months, supported by the prospect of a European Union ban on Russian oil and the...
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May 28,2022
Knowledge-based firms are helping Qeshm Star Bunkering Company to produce very low sulfur fuel oil (VLSFO), managing director of the firm said.
“The fuel conforms to the International Maritime...
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May 25,2022
The first phase of a 25-megawatt wind farm in Khaf County in Khorasan Razavi Province is to be completed by the private sector in summer, spokesman of Iran's Renewable Energy and Energy Efficiency...
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May 25,2022
Despite expanding Tehran's water supply network by at least 150 kilometers over the last five years, the plan to install emergency water supply tanks is behind schedule, the head of the state-owned...
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May 25,2022
Gas supply to urban areas across Iran is near completion while gas will be supplied to 7,000 villages in the next two years, the head of gas supply affairs at the National Iranian Gas Company said...
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May 24,2022
The Persian Gulf Petrochemical Industries Company and the Iranian Central Oil Fields Company have signed a memorandum of understanding to develop the second phase of the Tang-e-Bijar gas field to...
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May 24,2022
Isfahan Oil Refining Company has invested more than $1.4 billion in the past on environmental projects to make it a “green” enterprise in two years, managing director of the refinery said.
“With...
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May 24,2022
South Pars Gas Complex produced 253 million barrels of gas condensates in 2021, managing director of the major gas complex said.
"Output showed 7% or 16 million-barrel growth compared with the...
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May 23,2022
Oil prices gained on Monday with US fuel demand, tight supply and a slightly weaker US dollar supporting the market, as Shanghai prepares to reopen after a two-month lockdown fueled worries about a...
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May 23,2022
By using cutting-edge technologies of startups, it is possible to enhance oil and gas output capacity from hydrocarbon reserves in abandoned wells, the head of the Oil Industry Technology and...
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May 23,2022
Operations to extend an oil pipeline from Bandar Abbas in Hormozgan Province to Rafsanjan County in Kerman have registered a work-in-progress rate of 52%, the project operator at the National...
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May 23,2022
Iran and Turkmenistan have agreed on better management of water shared from Friendship Dam (also known as Doosti Dam), managing director of Mashhad Water and Wastewater Company said.
“As per the...
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May 22,2022
Close to 200,000 gasoline-powered public transportation and commercial vehicles have been converted into compressed natural gas hybrids over the past two years, a member of the Iran CNG Association...
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May 22,2022
Iran has agreed to revive a long-stalled project to lay an undersea pipeline to carry gas to Oman.
The country sits on one of the world’s largest gas reserves that Oman has been eying, as it hopes...
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May 21,2022
Arvand Petrochemical Company in Mahshahr, Khuzestan Province, plans to increase its annual production of polyvinyl chloride (PVC) to over 640,000 tons, which can help develop downstream industries...
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May 21,2022
Iran Water Industry Federation’s assessments rank the country among the top three with the highest land subsidence rate caused by the substantial decline in groundwater resources, a board member of...
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May 20,2022
Iran and Azerbaijan stressed the need to speed up the completion of ongoing projects, particularly the construction of Khoda-Afarin and Qiz-Qalasi hydroelectric power plants and synchronization of...
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May 20,2022
The first shipment of butane, a form of liquefied petroleum gas, produced in Phase 13 of South Pars Gas Field has been exported from Siraf Pars Port on the Persian Gulf coast, manager of South Pars...
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May 20,2022
Oil prices fell on Friday, as investors worried that weakening global economic growth and tighter central bank monetary policy could curb a recovery in fuel demand.
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May 18,2022
Oil prices rose more than $1 a barrel in early Asian trade on Wednesday on hopes of demand recovery in China, as the country gradually eases some of its strict Covid-19 containment measures.
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May 18,2022
Iran is ready to start gas swap with Turkmenistan to increase gas exports to Armenia, Oil Minister Javad Owji said.
In a meeting with Armenian Minister of Territorial Administration and...
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May 18,2022
The development project to implement the fourth phase of Persian Gulf Star Refinery in the southern Hormozgan Province will start soon, deputy for technical and engineering affairs at Khatam al-...
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May 17,2022
The National Iranian Oil Company and the Oil Turbo Compressor Company (OTC) will soon sign a contract for manufacturing 14 turbo compressors, which will help save $2.2 billion annually, the head of...
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May 17,2022
Latest data from the Water Research Institute, a subsidiary of the Energy Ministry, show the average water level in the Caspian Sea has dropped by 21 centimeters in 2021, up 19 centimeters compared...
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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...