Two more wells in Danan Oilfield in Ilam Province have been drilled and with the successful completion of tests, they are now ready to start production, the manager of maintenance projects in…
Energy
Tehran dams currently have about 640 million cubic meters of water, which shows a 20% decline compared to this time last year, when the figure was 800 mcm, managing director of Tehran Water and…
To ensure stable natural gas supply, Iran Gas Engineering and Development Company is building seven gas storage facilities across the country, managing director of the state-run firm, a…
The construction of Dena Petrochemical Complex in Asalouyeh, southern Bushehr Province, has registered 75% progress and is expected to be completed in 2023, managing director of Dena…
To complete the value-added chain in Sadaf Petrochemical Company in Asalouyeh, Bushehr Province, an emulsion-styrene butadiene rubber (ESBR) unit is being constructed in the company, the…
The new US economic blockade on Iran’s petrochemical sector will neither impact exports nor its development plans, the head of Mehr Petrochemical Company, a subsidiary of the National…
Contracts for constructing power plants with a capacity of 5,000 megawatts have been signed, director of the Infrastructure Department at the Iranian Mines and Mining Industries Development and…
The production of ethane gas and liquefied petroleum gas at the Ilam Gas Refinery increased in the first two months of the current Iranian year (March 21-May 21), managing director of the…
Oil prices edged lower on Friday as demand concerns emerged following interest rate hikes in the week, although new sanctions on Iran capped the downside. Brent crude futures fell 47 cents, or…
Iran has received $1.6 billion for its gas export arrears from Iraq, Iran’s Oil Minister Javad Owji said on Wednesday. The repayment, which is related to 2020, has been done after months of…
Power outages in Khorasan Razavi Province have reduced cement output and doubled prices, deputy marketing and sales manager at Sharq Cement Company said.
The Power Generation, Distribution and Transmission Company (Tavanir) has no plans to restrict power supply to pharmaceutical firms, spokesman of the state-run firm said. “Tavanir has…
To help accelerate value chain completion in the petrochemical sector, the National Petrochemical Company is determined to indigenize all major catalysts used in the industry by 2024, managing…
OPEC expects the pace of oil demand growth to halve next year, as inflation and conflict grip the global economy. World oil consumption will expand by 1.8 million barrels a day, down from the 3…
The production of liquefied petroleum gas increased by 15% in the last seven months of the previous fiscal (Aug. 23, 2021-March 20) compared with the same period of the year before, managing…
Pakistani Foreign Minister Bilawal Bhutto Zardari and his Iranian counterpart Hossein Amir-Abdollahian met in Tehran on Tuesday to discuss bilateral relations and regional security. “It’s…
Pistachio exports account for 50% of water exported from Iran virtually, a member of Iran Water Industry Federation, a privately-owned organization, said. “Annually, close to 20 billion cubic…
Two new gas units will come on stream at Tehran’s Tarasht Power Plant, the oldest power station in Iran, in the summer, deputy for projects development at the Thermal Power Plants Holding…
The supply of desalinated water to Dargahan rural district on Qeshm Island has increased by 70%, Hormozgan Province, the head of the provincial Water and Wastewater Company said.
The first gas unit of Mahtab Kavir Power Plant in Zarand County, Kerman Province, has been connected to the national electricity network, director of the power project at the Thermal Power…
Oil prices dropped more than $2 on Monday as a flare-up in Covid-19 cases in Beijing dashed hopes for a rapid pick-up in China's fuel demand, while worries about global inflation and sluggish…
The water stored in Karkheh Dam in Khuzestan Province has had a drastic decline in the past few months, managing director of the dam said. “Due to the fall in precipitation in the past two…
The National Iranian Oil Refining and Distribution Company has no plans to import gasoline unless the current unsustainable consumption pattern changes for the worse, said the director of…
Iran delivered the second domestically manufactured Aframax oil tanker to Venezuela on Saturday at a ceremony held in Tehran in the presence of President Ebrahim Raisi and his Venezuelan…
Tehran Oil Refining Company has installed a stack emission monitoring system to monitor gas emissions in real time, the head of the refining company said.
