The national power distribution and transmission infrastructure is expanding in proportion to rising capacity and has reached 90 gigawatts.
Energy
The government has increased the guaranteed purchase prices for solar and wind power generated by private companies by 20-60% compared to 2021.
Oil prices jumped more than 2% on Friday after health authorities in China, the top global crude importer, eased some of the country's heavy Covid curbs. Brent crude futures rose $2.39, or 2.6…
Daily natural gas consumption in the household sector has risen by 100% and reached 500 million cubic meters over the last few days, the head of the state-run National Iranian Gas Company’s…
The development of the first phase of South Azadegan Oilfield in Khuzestan Province has been undertaken by the Petroleum Engineering and Development Company and is expected to be completed by…
Agriculture is by far the largest consumer of the limited water resources in Iran and the Energy Ministry’s data indicate that water consumption in Iran’s agro sector is at least 20% higher than…
Shahid Tondgouyan Petrochemical Company in Khuzestan Province set a record in the production of polyethylene terephthalate (PET) by producing 756,000 tons since the beginning of the current…
Oil prices edged lower as industry data showed US crude stockpiles rose more than expected and on worries a rebound in Covid-19 cases in top importer China would hurt fuel demand. Brent crude…
Gas supply to power plants and major industries, including steel, cement and petrochemical plants, has set a record in the first half of the fall this year. On average, 236 million cubic meters…
The construction of the South Pars Gas Field’s last onshore refinery in Asalouyeh, Bushehr Province, is complete. Mohsen Khojastehmehr, managing director of the National Iranian Oil Company,…
Sina Energy Gostar Holding is planning to build a pipeline for the transfer of petroleum products with the help of a Russian company, managing director of the holding said.
Iran has 60 hydroelectric power plants that account for 90% of renewable energy generated across the country. Based on Energy Ministry’s data, Iran’s renewable energy output capacity stands at…
Construction work for building water storage reservoirs with a capacity of 55,000 cubic meters has started in Alborz Province, the head of the provincial water and wastewater company said.
Oil prices slid on Wednesday to extend falls from the previous session, as a big increase in US crude inventories and a slump in Chinese demand implied that global oil markets remain oversupplied…
As October drew to a close, the White House saw another potential energy flashpoint on the horizon. Diesel and heating oil inventories in the US Northeast were getting worryingly low, Bloomberg…
Only power plants located outside cities will be allowed to use mazut, if necessary in winter, the head of the Thermal Power Plants Holding Company’s Fuel Planning Office said.
The first phase of a water pipeline to supply people of Chabahar County in Sistan-Baluchestan Province with drinking water from a new desalination plant has registered 43% progress, managing…
To collect toxic emissions, the first and second stages of a plan to recover gasoline vapor have been implemented at 450 filling stations across the country, the head of Engineering Department…
To expedite development plans at the Isfahan Oil Refining Company in the central Isfahan Province, Bank Melli Iran, the biggest state-owned lender, has signed a contract with the company to fund…
Ghadir Petrochemical Company in Mahshahr, Khuzestan Province, has registered a record by increasing the production of polyvinyl chloride (PVC) by 25% in the first half of the current Iranian…
Iran’s petrochemical sector has developed exponentially over the last 40 years and its speed of expansion has been twofold higher than the global average, managing director of the National…
A new 400-kilovolt gas-powered substation is expected to become operational in Ahvaz soon, Khuzestan Steel Company's deputy for planning said. “The facility will help provide the much-needed…
About 4,000 liters per second of treated wastewater in Isfahan Province are supplied to industrial and agricultural sectors, said the director of Wastewater Technical Studies and Investigations…
Two gas projects have been launched in Sistan-Baluchestan Province and executive operations for two others were started on Thursday. Iranshahr-Palizan-Khash-Mirjaveh gas pipeline, 256…
To help complete the sulfur value chain in Shahid Hasheminejad Gas Processing Company in Khorasan Razavi Province, the installation of acid gases condensation tower was completed on Friday,…
