The construction of Persian Gulf Mehr Petro-Refinery, with a processing capacity of 120,000 barrels per day, is underway in Hormozgan Province to meet the rising demand for gasoline. Located…
Energy
Iran's annual water consumption in agriculture sector tops 90 billion cubic meters, of which a massive 60% go to waste due to unsustainable and wasteful farming practices, the head of…
Operations to develop the Farzad B Gas Field in the Persian Gulf have started, the managing director of the National Iranian Oil Company said. “The first phase of the development plan that…
A total of $740 million will be allocated to indigenize turbo compressors and turbines used in the oil industry, the managing director of the National Iranian Oil Company said.
To meet its demand for steel sheets, the state-run National Iranian Gas Company has signed an agreement with Iran’s largest rolling plant, Khuzestan Oxin Steel Company, the head of the steel…
The National Iranian Gas Company raised its natural gas exports in 2022 by 17%, the managing director of Iranian Gas Transmission Company said. “The state-run company’s exports reached 17…
Oil prices rebounded on Friday from losses of more than 1% the previous day, as investors turned cautiously optimistic over the fading risk of a US debt default. Brent futures rose 73 cents, or…
Persian Gulf Petrochemical Complementary Industries Development and Improvement Group, also named Petrol, is taking measures for completing the value chain in the petrochemical industry, the…
Afghanistan's Taliban-led administration is not allowed to trample upon Iranian people’s water rights in the drought-stricken Sistan-Baluchestan Province under lame excuses. President…
Operations to replace traditional natural gas meters with smart devices in household, commercial and industrial sectors have commenced, managing director of the state-run Iran Gas Engineering…
Peak power load is forecast to surpass 73,000 MW in the summer, a massive figure unseen in the history of power sector, the head of Iran Grid Management Company said.
In the last Iranian year (March 2022-23), $12 billion worth of oil, gas and petrochemical projects were launched and this year about $15 billion worth of oil and gas projects will be inaugurated…
To help tackle water shortage problems in Kurdestan Province, operations are underway to complete Saqqez Dam and the initial filling of Divandareh Dam reservoir will start soon, the province's…
The European Union should crack down on India reselling Russian oil into Europe as refined fuel, including diesel, EU foreign policy chief, Josep Borrell, said.
India has emerged in…
Pars Oil and Gas Company, as an employer, is close to finalizing an agreement with Nargan Company, as a contractor, to conduct feasibility studies on boosting pressure in the South Pars Gas…
Weeks of declining oil prices due to concerns over a possible recession clash with the outlook for scarce supply and robust demand later in the year, the International Energy Agency said on…
Sixteen exploration blocks have been unveiled by the managing director of the National Iranian Oil Company. “Taking into account the 10 exploration blocks that had earlier been offered, the…
Projects are underway to supply 4.2 billion cubic meters of desalinated water from the Sea of Oman to Iranian regions facing water scarcity, the spokesperson of the water industry, affiliated to…
Tehran and Baghdad have agreed to extend the contracts on Iran’s gas exports to Iraq, the Iranian oil minister said. “The two deals on exporting Iran’s gas to Baghdad and Basra power plants…
Operations to replace old steam units with new gas units in Tarasht Power Plant in Tehran are on track and expected to be completed by the end of the current Iranian year (March 2024), the plant…
The 27th International Oil, Gas, Refining and Petrochemical Exhibition, dubbed Iran Oil Show, will be held on May 17-20 at Tehran’s Permanent Fairground, an Oil Ministry spokesman said.
To help transfer more reclaimed wastewater to Urmia Lake, the third phase of the sewage treatment plant in Urmia, West Azarbaijan Province, will become operational in June, director of the…
The overpowering stench of gases emitted from processing facilities in Asalouyeh, Bushehr Province, has plagued the small town and become a nightmare for its inhabitants, the head of…
Executive operations to build the Anahita Petro-Refinery in Kermanshah Province will start within the next two months. With a processing capacity of 150,000 barrels per day of crude oil, the…
In line with policies to develop small-scale solar power stations in rural areas, 100 rooftop photovoltaic panels were linked to the national power grid in Chah-Nasar Village in Neyshabour …
