Hydropower plants are expected to inject more than 15 million megawatt hours of electricity to the national power grid by the end of the current fiscal year (March 2023), the deputy head of…
Energy
Daily water consumption in Tehran has exceeded 3.6 million cubic meters, which is unprecedented for this time of the year, the deputy head of Operations Department at Tehran Province Water and…
About 70% of drilling rigs in Iran are produced domestically, the National Iranian Oil Company's deputy director for exploration affairs said. “This is while until 30 years ago, 90% of…
With the synchronization of 11 gas and steam units with the national grid in thermal power stations across the country, the capacity of Iran's thermal power plants has reached 71,000 megawatts,…
Hungarian Foreign Minister Peter Szijjarto has ruled out the prospect of a Russian gas ban in the European Union’s next package of sanctions, calling it “impossible”.
Desalination plants with a total capacity of 120,000 cubic meters per day are under construction across the southern Bushehr Province, the managing director of Bushehr Water and Wastewater…
Crude oil production from OPEC and its Russia-led allies rebounded modestly in May from a steep drop in April, but remains well short of its collective quotas, highlighting the group's…
The diesel treatment unit of Isfahan Oil Refining Company in Isfahan Province will become operational within the next two months, the managing director of the company said. “Costing $600…
Bandar Imam Petrochemical Company in Mahshahr, Khuzestan Province, has raised its output in the first 80 days of the current Iranian year (March 21-June 8). BIPC produced more than 777,000 tons…
Interacting with neighbors within the framework of bilateral agreements and building technical and diplomatic cooperation are Iran's declared policy regarding trans-border rivers and shared…
The ninth refinery of the South Pars Gas Complex is almost self-sufficient in the manufacture of equipment and parts used in the refinery, the deputy director of the complex said.
Oil prices drifted higher on Wednesday, anticipating a report of low US oil stocks, while expectations of solid demand in the upcoming driving season also lent support. Brent crude futures for…
Power consumption in Iran was near 60 gigawatts on June 6, which is unprecedented for this time of the year, spokesman of the electricity sector said. “The figure reached 59,892 megawatts on…
With the completion of the second phase of Zanjan Wastewater Treatment Plant in October, it will cover 410,000 people in the northwestern city, the head of provincial water company said. …
Iraqi debts to Iran for electricity and natural gas imports has surpassed $5 billion, a board member of the Iranian Oil, Gas and Petrochemical Exporters Association said. “Iraqi officials claim…
Iran continued to export more than 1 million barrels of oil per day in the first two months of the current Iranian year (March 21-May 21), which is 40% higher than what Iran sold in the same…
As long as fossil fuels, such as natural gas, are heavily subsidized in Iran, clean energy will not get the space it deserves, a member of Iran Renewable Energy Association (IrREA) said. “…
Oil futures gained on Monday, with Brent rising above $120 a barrel after Saudi Arabia raised prices for its crude sales in July, signaling tight supply even after OPEC+ producers agreed to…
Karoun Petrochemical Company and the Boss Pool Company from Bosnia-Herzegovina have signed an agreement to collaborate in the field of petrochemicals.
Plans to change working hours in state-run offices during the hot season to avoid power outages have been implemented in southern provinces and northern parts will also join the scheme soon, the…
Natural gas supply to power plants has risen by 160% since March compared to January when it dropped under 100 million cubic meters per day, the head of the National Iranian Gas Company’s…
Tehran and Baku have signed a memorandum of understanding to increase the volume of gas swap from Turkmenistan to the Republic of Azerbaijan via Iran. Iranian Oil Minister Javad Owji signed the…
Iran has achieved self-sufficiency in the production of transformer oil and talks are underway to sell the product in international markets. Behzad Zahiri, managing director of Iran Transfo…
The Oil Ministry’s proposal to spike natural gas tariffs in the household sector is expected to be ratified by the Cabinet, based on which the vital commodity’ price will rise by 40%, the oil…
The executive operation of constructing the largest Iranian factory to manufacture solar cells has started in Mahan County, Kerman Province, the representative of Kerman and Ravar in the…
