Private power producers who built plants with loans from the National Development Fund of Iran (the sovereign wealth fund), are unable to repay their debts, managing director of Iran’s Thermal…
Energy
The second phase of a major pipeline project to supply water from Karoun River to rural districts in Ahvaz, Khuzestan Province, has progressed by 53%, the director of National Water and…
Majlis Research Center, the influential research arm of the parliament, expressed its strong objection to officially abolishing a law based on which Daylight Saving Time is practiced. According…
Close to 354 million liters of crude oil and its derivatives have been transported daily via pipelines in the last 12 months, indicating a 65% rise over the last 40 years, managing director of…
The steam unit of Chabahar Power Plant in Sistan-Baluchestan Province was linked with the national electricity grid on Saturday, the head of Saba Power and Energy Holding, a subsidiary of…
Bandar Abbas Power Plant in Hormozgan Province was built by the Italian company Franco Tosi and until recently 100% of its equipment were imported, managing director of the plant said. “However…
The National Iranian Tanker Company will soon sign a contract with Iran Shipbuilding and Offshore Industries Complex Company in southern Hormozgan Province, based on which the latter will build…
Oil prices stabilized on Friday and were on track for their biggest weekly drops since November after seesawing on fears of escalating bans on Russian oil versus efforts to bring more supply to…
Oil Minister Javad Owji said more than 45 contracts and memorandums of understanding worth $15.6 billion have been signed in the past six months.
As groundwater resources in Bandar Abbas, southern Hormozgan Province, are depleting, desalination capacity is expected to rise by 43,000 cubic meters per day by November, managing director of…
Oil prices rose on Wednesday as the US ban on Russian oil imports and Britain's plan to phase them out by yearend raised concerns of tighter global supply. Brent crude futures were up $2.17, or…
The Energy Ministry and the Japan International Cooperation Agency discussed ways of expanding cooperation in the fields of water and electricity based on memorandums of understanding signed in…
The total area of glaciers in Iran has reduced by 21% (about 9 square kilometers) compared to 10 years ago, a report by the Water Research Institute said. According to the latest studies,…
At least 60% of filling stations cannot meet their current expenses and are on the verge of insolvency due to high inflation, the head of Gasoline Station Owners Association said.
The first unit of the new Zarand Combined-Cycle Power Plant in Kerman Province with a capacity of 162 megawatts will be connected to the national grid in April, director of the power project at…
OPEC remains focused on being a reliable supplier of oil to global markets but cannot control the global events causing oil price surges, said Secretary-General Mohammad Sanusi Barkindo during…
Ilam Gas Refinery has significantly increased the output of byproducts in the current Iranian year’s first 11 months (March 21, 2021-Feb. 19), managing director of the refinery said. “The…
Large volumes of treated wastewater from Birjand Wastewater Treatment Plant in South Khorasan Province are piped to plains in and around Khosf County as neither industries nor the agriculture…
Abadan’s wastewater treatment plant will be launched by mid-July, managing director of Khuzestan Water and Wastewater Company said. “The project has registered 70% progress and 500 km of the…
Brent crude soared near $130 a barrel on Monday, its highest since 2008, as the United States and European allies mull a Russian oil import ban and delays in the potential return of Iranian…
Safeguarding the environment is key to long-term sustainable petrochemical development in dry southern provinces.
President Ebrahim Raisi on Saturday promulgated the law to transfer water from the Sea of Oman to Sistan-Baluchestan Province. The parliament authorized the start of construction work on a…
The National Iranian Oil Refining and Distribution Company and Tejarat Bank have signed a memorandum of understanding for building a pipeline to supply petroleum products to the country’s…
Although water transfer from the Persian Gulf to Sirjan in Kerman Province eased the water crisis in industries like Golgohar Mining and Industrial Complex, other parts of the region are still…
Close to $1 billion have been invested in the Petrochemical Special Economic Zone (Petzone) in Mahshahr, Khuzestan Province, on developing the infrastructure, which will boost petrochemical…
