The Persian Gulf Petrochemical Industries Company has planned to produce 20.5 million tons of products by the end of the current Iranian year (March 2023), managing director of the company said…
Energy
The development of oil and gas fields shared with neighboring states, collection and processing of associated petroleum gas and optimization of hydrocarbon value chains with the help of…
The total revenues of Iran’s petrochemical industry will increase by $4 billion compared to last Iranian year (March 2021-22) and reach $27 billion by the end of the current fiscal year (March…
Oil rose on Wednesday, following a 9% drop over the previous two sessions, on supply concerns, as the European Union worked on gaining support for a ban on Russian oil and major producers warned…
Tehran is totally opposed to any dam-building projects on shared water resources in border areas, especially large dam projects being carried out by Turkey.
Crude oil production by OPEC and its partners fell to a six-month low of 41.58 million bpd in April, as Russian production took a battering from Western sanctions, the latest Platts survey by S…
Gas refineries and petrochemical plants across Iran are operating at half their capacity due to lack of feedstock, deputy oil minister for planning and supervision of hydrocarbon resources said…
The 26th International Oil, Gas, Refining and Petrochemical Exhibition, dubbed Iran Oil Show, will be held on May 13-16 at Tehran’s Permanent Fairground. Iranian exhibitors will showcase…
A total of 275 small-scale power plants with a distributed generation system and a capacity 1,100 megawatts, are operational across the country, which show an 8% growth compared with the same…
Over 1 million smart meters have been installed across Iran for high-consuming subscribers and the installation program is progressing, a spokesperson for Power Generation, Distribution and…
Iraq has reached new agreements with Iran to increase natural gas import, the spokesman of Iraq’s Ministry of Electricity said. “Iran has agreed to increase gas supply to Iraq from 8 million…
Iran Gas Engineering and Development Company has completed pipe-laying operations to transfer natural gas from Zahedan to Zabol in southeastern Sistan-Baluchestan Province, managing director of…
Two petrochemical companies in the southwest hit production records last Iranian year (March 2021-22). Amir Kabir Petrochemical Company in Mahshahr, Khuzestan Province, set a record in recent…
Oil derivatives, polymers and natural gas accounted for $25 billion of Iran’s non-oil export value in the last fiscal year that ended on March 20, the head of the Iranian Oil, Gas and…
Iran entered a period of dry spells 20 years ago and the long-term drought is expected to last at least for 10 more years, the head of Geological Survey and Mineral Exploration said. “Under…
The gas unit of Qeshm Pasargad Combined-Cycle Power Plant on Qeshm Island, Hormozgan Province, has come on stream to help stabilize power supply in the Persian Gulf’s largest island. “An…
The Eslamabad-e-Gharb Petrochemical Plant, under construction in Kermanshah Province, will convert gas to methanol first and then methanol to propylene and finally propylene to polypropylene,…
An estimated 14 million cubic meters of natural gas per day will be extracted from Phase 11 of the South Pars Gas Field in the Persian Gulf by the end of the current Iranian year (March 2022-23…
Subsea pipe-laying operations are underway to connect the Persian Gulf’s largest island, Qeshm, to the national gas grid, managing director of Iran Gas Engineering and Development Company said…
Oil producer group OPEC+ on Thursday agreed to rubber-stamp another small production increase for June, amid persistent concerns over weaker Chinese demand and shortly after the world’s largest…
Iran has planned to increase crude oil production capacity to 5.7 million barrels per day in the next eight years, managing director of the National Iranian Oil Company said.
The total amount of water stored in the six large dams of Isfahan Province has reached 428 million cubic meters, director of operation and maintenance of water facilities at Isfahan Regional…
The main reason behind outbound diesel smuggling is the substantial gap between the fuel price in Iran and that of its neighboring nations, director of the National Iranian Oil Refining and…
Desalination projects worth $160 million are underway across the southern Bushehr Province with a total capacity of 160,000 cubic meters per day, of which 40% will soon go on stream, the head of…
About $7 million have been invested for the construction of Balakhanlou Dam in Buin-Zahra City, Qazvin Province, and it is expected to be completed by 2023, the energy minister said.
