About 4.3 billion liters of liquid fuel have been stored in the storage tanks of power plants across the country for meeting the peak demand of electricity consumption in the summer, as well as…
Energy
Global energy demand rose 1% last year and record renewables growth did nothing to shift the dominance of fossil fuels, which still accounted for 82% of supply, the industry's Statistical Review…
Chronic water outages in and around the city of Kerman in Kerman Province, which has made life miserable in vast areas over the last few days, will end when deep-…
Attempts are underway to start the export of products by petrochemical companies based in Mokran Petrochemical Town in Chabahar County, Sistan-Baluchetan Province, to international markets…
A Sweden-based company that develops deepwater wind power projects has joined hands with a global renewable energy group to develop an offshore wind farm that could feature turbines as large as…
The thermal power plants across Iran produced more than 80 million megawatt/hours of electricity during the first quarter of the current Iranian year (March 21-June 21), said a deputy manager at…
Higher seaborne crude oil flows are up 8.5% during the first five months of 2023, with China, the EU and India, all posting higher imports. In its latest weekly report, shipbroker…
A recent report is raising the alarm on gas emissions, which hit “an all-time high” and are causing global warming at an unprecedented rate over the past decade. This increase adds to evidence…
Botas, Turkey's state oil and gas company, has expressed willingness to renew a natural gas contract with the National Iranian Gas Company that expires in 2026, the head of state-run NIGC…
The National Iranian Oil Company’s procrastination in developing joint hydrocarbon fields in the Persian Gulf has helped Arab neighbors to extract as much as they can from the shared…
The European Commission formally adopted its latest sanctions against Russia on June 23, which include measures to clamp down on offshore tanker transfers of Russian oil and a ban on crude flows…
Australia has green-lit plans to build a $34 million renewable hydrogen plant in Victoria state, the country’s Energy Minister Chris Bowen said on Saturday, as the country moves to cut carbon…
Siemens Energy shares plunged over 37% on Friday after the company scrapped its profit forecast and warned that costly problems at its wind turbine unit could last for years.
Solar power production in the central Yazd Province has reached 100 megawatts, the managing director of Yazd Regional Electricity Company said.
The government has invested about $10 million on the construction of Haraz Dam in Mazandaran Province in the past two years, helping the long-awaited project gain momentum, the provincial…
The National Iranian Oil Company’s crude and gas condensates exports have experienced a massive 430% growth between 2020 and 2022, a senior oil analyst at Kepler International Company, a leading…
Tehran’s floating solar farm injected more than 1,000 megawatt hours of electricity to the national power grid in 2022, the deputy head of operations at the National Water and…
China's oil product exports rose sharply in May with the resumption of gasoil sales to Europe and several rare gasoline shipments made within the Asian market amid growing need for some…
In the first volume of the World Energy Transitions Outlook 2023, the International Renewable Energy Agency calls for annual renewable power additions of 1,000 GW by 2030 to keep the 1.5°C…
Oil dropped for a second day on Friday and was heading for a weekly decline, as a UK interest rate hike added to concern over economic growth that outweighed lower US crude stocks and other…
Abadan Petrochemical Complex in Khuzestan Province has planned projects to increase its profitability, the managing director of the company said.
To bolster gas supply to eastern provinces, operations to extend a gas pipeline from Dashtak County in Sistan-Baluchestan to Nehbandan and Sarbisheh counties in South Khorasan…
German energy prices are so high that some companies are considering leaving the country altogether, according to Siegfried Russwurm, the head of the German Industry Federation. Asked whether…
Australia's most populous state will be ready for 100% renewable energy within a decade under a $11.20 billion infrastructure investment plan announced by a major grid operator on Wednesday.
The construction of Ibn Sina Petrochemical Company in Andimeshk, Khuzestan Province, which was started recently, could be completed in three years if the required budget is allocated on time,…
