The amount of gasoline and diesel consumption in Iran during the summer (June 22-Sept. 22) increased by 20% and 9% respectively compared with the same period of last year, the National Iranian…
Energy
Gas supply to the major industries of Iran, including steel, cement and petrochemicals plants, increased by 13% in the first five months of the current Iranian year (March 22-Aug. 22) compared…
Russia is likely to propose that OPEC+ reduce oil output by around 1 million barrels per day at its next meeting in October, a source familiar with the Russian viewpoint said.
Jam Petrochemical Company in the port city of Asalouyeh, Bushehr Province, will increase production with the launch of an ABS/rubber production unit, the marketing and sales manager of the…
In the pathway toward transformation of the global energy sector from fossil-based to zero-carbon, better known as energy transition, natural gas remains vital not only to ensure affordable…
Due to consecutive years of drought and low precipitation in the last water year (ended Sept. 23, 2022), the province’s dire water situation is worrisome, managing director of Tehran Regional…
Iran's gas exports have increased by 19% in the first five months of the current Iranian year (March 21-Aug. 22), compared with the same period of last year, managing director of the National…
The emissions of Iran’s petrochemical industry in Iran have decreased by 44% in the past decade, advisor to the managing director of the National Petrochemical Company said. “Petrochemical…
A 60,000-barrel gas condensate refinery will be constructed on Qeshm Island within the next three years to help increase gasoline and other petroleum products output in the country, managing…
The National Petrochemical Company has started exporting domestically-produced catalysts to Russian private petrochem companies, the managing director of NPC said. “NPC has signed deals with…
Iran and Turkey have agreed on setting up a permanent committee to explore and settle issues related to Aras River, a transboundary water resource that starts in Turkey and flows…
The second steam unit of Ferdowsi Combined-Cycle Power Plant in Mashhad, Khorasan Razavi Province, came on stream on Wednesday, managing director of the plant said. “The new unit added 160…
OPEC+ is now producing below its targets by a record 3.58 million barrels per day - about 3.5% of global demand - highlighting underlying tight supply in the oil market, even as recession fears…
The project to transfer desalinated Persian Gulf water to Isfahan Province’s industries and mines will be completed in 30 months. The executive operation of the project started in summer and is…
There are seven waste-to-energy power plants in Iran with a capacity of 14 megawatts, most of which are either closed or working at half capacity due to technical, economic or legal hurdles,…
The Rey Power Plant in southern Tehran has increased its electricity generation capacity by 5% during summer, the managing director of the plant said.
Domestically-manufactured electric submersible pumps in Petro Faraz Avar Sahel Tadbir Company will help raise crude output in Iran’s 22 oilfields by at least 700,000 barrels per day.
The National Iranian Drilling Company plans to strengthen its presence in the Persian Gulf waters in the near future by renovating three offshore drilling rigs, managing director of the National…
Operations to replace the first Iran Gas Trunkline (IGAT-1) with a new pipeline has registered 80% progress, managing director of the state-run Iran Gas Engineering and Development Company, a…
The use of indigenized technical knowhow, especially in the field of catalysts, reduces cost in the petrochemical industry by 30%, managing director of Petrochemical Research and Technology…
The second 42-megawatt unit of Zahedan medium-scale power plant in Sistan-Baluchestan Province has been connected to the country's national electricity grid, director of power plant projects at…
To complete the second phase of the National Smart Metering Program, a contract has been signed between government-affiliated Power Generation, Distribution and Transmission Company (Tavanir)…
Each year, a massive 6 billion cubic meters of water are withdrawn from the drought-stricken Kerman Province’s aquifers, which is 60% over and above global standards, a deputy manager at the…
Gas supply to power plants increased by 6% in the first two months of this summer (June 22-Aug. 22) compared with the same period of last year, the head of the National Iranian Gas Company’s…
Oil prices rose slightly on Friday as a spill at Iraq's Basra terminal appeared likely to constrain crude supply, but remained down on the week on fears that hefty interest rate increases will…
