The synchronization of Iran and Russia’s electricity grids is a win-win collaboration that will have substantial benefits in the long run for the two countries, Iran’s energy minister said. “…
Energy
Oil prices slipped on Friday after two days of gains, as market participants weighed worries about a global economic slowdown, which would dampen fuel demand, against expectations of tighter…
More than 140 parts and equipment have been indigenized at the Neka Power Plant in Mazandaran Province since the beginning of the current Iranian year (March 21), the managing director of the…
The second phase of Abadan Refinery in Khuzestan Province, which has registered over 95% progress, is expected to be completed soon. The venture includes the installation of new units,…
To help conserve diminishing water resources and draw on unconventional means for industrial use in the arid province of Khuzestan, an agreement was signed between the National Water and…
The project to transfer water from the Talvar Dam in Kurdistan Province to regions in Hamedan is in the final stages and is expected to be completed before the end of summer. It will help meet…
Electricity consumption reached an historic high in Iran on Tuesday but no blackouts were reported across the country, the spokesman of the power industry said.
A last-ditch attempt by Europe to revive the Iranian nuclear deal has stoked speculation that millions of barrels of oil are set to flood world markets. The return could be swift if Tehran’s…
Kharg Natural Gas Liquid (NGL) project on Kharg Island in the Persian Gulf awaits funding to help curb gas flaring by nearly 8.5 million cubic meters a day at the Kharg and Bahregan fields,…
Oil prices fell on Tuesday as bleak economic data from top crude buyer China renewed fears of a global recession. Brent crude futures fell 73 cents, or 0.8%, to $94.37 a barrel. WTI crude…
The National Iranian Oil Company will need to import gasoline from next March if efficient alternative plans like CNG conversion plans fail to move forward, secretary-general of the Association…
Construction of a gas condensate demercaptanization (DMC) unit at the South Pars 2nd Refinery (belonging to phases 2 and 3) is near completion and when inaugurated next March will process 80,000…
Approximately 28.5 millimeters of rain fell in Tehran Province since July 23 increasing water inflow in five dams around capital, the deputy for water and hydropower affairs at Tehran Regional…
Almost 200 private companies producing renewable energy will have to either send some workers home or pull down shutters if the guaranteed purchase price paid by the government for renewable…
One million smart power meters have been installed across Iran for high-consuming subscribers in the last decade and the program is moving forward, head of the Power Transmission and…
Subsea pipe-laying operations to connect the offshore platform B of South Pars Phase 11 [SPD 11B] to onshore gas processing facilities are complete.
The first phase of the largest Iranian solar farm in Mahallat, Markazi Province, with a capacity of 120 megawatts of electricity, will become operational in September, Arak’s governor general…
Over 113,300 urban and rural subscribers in Sistan-Baluchestan Province are connected to the gas grid and projects are underway to increase the figure, managing director of Sistan-Baluchestan…
The production of each megawatt of electricity at thermal power plants needs about 700 liters of water while renewable power stations do not use water and, as a result, prevent the consumption…
The water transfer project from Nesa Dam in Kerman Province to rural areas in the cities of Bam and Baravat has progressed by 45%, the energy minister said. “The initiative, aimed at supplying…
The expansion of Changouleh Oilfield near the Iraqi border in Ilam Province has started and drilling operations will end in October, the head of Exploration Department at the National Iranian…
Oil prices increased on Friday, with benchmark contracts headed for a weekly climb as recession fears ease, though an uncertain demand outlook capped gains. Brent crude futures rose 23 cents,…
A total of 58,000 villages in Iran have access to electricity, which means 99.7% of rural regions are connected to the power grid, the head of Iran Power Generation, Distribution and…
Afghanistan’s officials have agreed to release Iran's fair water share from Hirmand (known as Helmand in Afghanistan) River, a joint water resource blocked by the neighboring state.
Heavy crude refining capacity in Arvandan Oil and Gas Company, a subsidiary of the National Iranian Oil Company, has reached 165,000 barrels per day, up 18% compared to 10 months ago, managing…
