The mercaptan unit of South Pars Phase 1 Refinery has produced 1,400 tons of the odorant and plans are underway to increase the yearly output, the manager of the refinery said. “The unit is the…
Energy
Unprecedented torrential rainfall in the past few days in several provinces, including Tehran, Alborz, Markazi, Isfahan, Fars, Hormozgan, Sistan-Baluchestan, Yazd and Chaharmahal-Bakhtiari, has…
The revival of abandoned oil and gas wells in Iran by tapping into cutting-edge knowledge of startups can help reduce production costs by 90%, the head of the Oil Industry Technology and…
Oil prices rose in European trading on Friday as attention turned to next week's OPEC+ meeting and expectations that it will dash US hopes for a supply boost. Brent crude futures for September…
The second dry cooling tower of Shahid Mofatteh Power Plant in Hamedan Province has made 60% progress and is expected to become operational in the current fiscal year (March 2022-23). Energy…
Iran’s gas export earned $4 billion in the first four months of the current Iranian year (March 21—July 22), which is equals to the revenues earned throughout last year, the oil minister said.…
Five government departments have signed a memorandum of understanding on Monday to build 550,000 small-scale solar generators in rural and across Iran within five years.
Oil prices held steady on Wednesday as concerns about weaker demand offset industry data that showed a larger-than-expected drawdown in US crude stockpiles. Brent crude futures were at $104.55…
Iranians used an average of 101 million liters per day of gasoline between March and June, up 16% compared with the corresponding period of last fiscal year, deputy manager for planning at the…
To help stabilize electricity supply in Ahvaz, Khuzestan Province, 36 transformers were installed throughout the city, managing director of the provincial power company said. "The equipment…
The Persian Gulf Petrochemical Industries Company is ready to cooperate with leading German companies in chemical and petrochemical industries, managing director of PGPIC said.
Power generation at Manjil Wind Farm in Gilan Province during the fourth month of the current Iranian year (June 22-July 22) increased by 2,800 megawatt hours compared to the previous month, a…
The oil and gas sectors are among the most lucrative industries for investment in Iran, considering the country’s potential, but pinning all hopes on Russian firms is not a wise policy, a…
Oil prices dropped on Monday, extending a recent losing streak on concerns that an expected rise in US interest rates would weaken fuel demand. Brent crude futures for September settlement fell…
Although the conversion of single-cycle power plants (gas-powered) into combined cycles can help significantly raise efficiency, the severity of water shortage in Iran will scuttle such plans, a…
Pars Oil and Gas Company is carrying out exploration in the Persian Gulf for new oil and gas fields. “Out of four exploratory operations planned till today, two have finished their…
The 16th Iran Plast International Exhibition will be held on Sept. 21-24 at the Tehran International Exhibition Center with the participation of local and foreign companies.
As long as electricity demand is not managed sustainably, other strategies on the supply side, namely construction of power stations and import of electricity, will be futile, a professor at the…
The construction of Mehr Persian Gulf Petro-Refinery in Hormozgan Province has registered 45% progress, the project manager said. “The petro-refinery, which has been under construction by…
Monthly sulfur output in Shahid Hasheminejad Gas Processing Company in Khorasan Razavi Province has exceeded 50,000 tons, the head of the firm said.
In a push toward achieving carbon neutrality, President Ebrahim Raisi officially inaugurated Iran’s first photovoltaic cell and panel manufacturing company in Khomein County, Markazi Province.…
The executive operation of the project to supply water from Dez Dam to the cities of Abadan and Khorramshahr in Khuzestan Province will be completed by the end of August, managing director of…
The National Iranian Oil Refining and Distribution Company has signed contracts with knowledge-based firms in the fields of robotics and smart equipment in Tehran on Thursday, director of the…
Oil prices climbed in Asia trading on Friday, rebounding from previous declines amid supply tightness and geopolitical tensions, even though weakened demand in the United States has cast a…
The National Iranian Drilling Company has drilled and repaired 30 onshore and offshore oil and gas wells since the beginning of the current fiscal year in March, up 25% compared to a year ago,…
