Energy

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…

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. Brent futures for July fell…

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…

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…

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…

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-…

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…

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…

Iraq’s decision to file a lawsuit with the International Court of Justice against Iran over blocking the outflow of water from border rivers carries no legal weight, the head of the Energy…

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…

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. 

Ahvaz East Wastewater Treatment Plant, with a daily capacity of 112,000 cubic meters, became operational in Khuzestan Province on Sunday.

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.

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…

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…

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…

Iran and Armenia are to expand mutual ties, especially in the field of water and the environment.

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.

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…

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…

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…

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…

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.

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…

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…