The Iranian Central Oil Fields Company, a subsidiary of the National Iranian Oil Company, is carrying out projects worth $350 million to increase natural gas production in Homa, Varavi and…
Energy
To help stabilize power supply in Ahvaz, the capital of Khuzestan Province, a 230/33-kilovolt power substation and a 132/33-kilovolt mobile substation were synchronized with the national power…
Water consumption in Tehran has surpassed 40,000 liters per second or 3 billion liters per day, up 11% compared to the hot summer days when consumption peaks at 2.7 billion liters. The National…
Oil prices rebounded on Friday as fears of Western sanctions disrupted Russian oil exports, outweighing the possibility of more Iranian supplies, while reports of a nuclear plant fire in Ukraine…
Persian Gulf Bidboland Refining Company has signed eight contracts worth about $520 million on Thursday with Iranian companies to collect the associated petroleum gas in East Karoun fields,…
Gas supply across Iran had an increase of 2.8% in the first 10 months of the current Iranian year (March 21, 2021-Jan. 20) compared with the same period of last year, managing director of…
Oil prices surged on Wednesday as supply disruption fears mounted following hefty sanctions on Russian banks amid the intensifying Ukraine conflict, while traders scrambled to seek alternative…
Iran is an energy-rich country possessing 11% of global oil reserves and 15% of the world’s natural gas reserves. Ranked 11th in the world in terms of oil processing capacity, it is the…
Three 42-MW units of Zahedan medium-sized power plant in Sistan-Baluchestan Province will become operational by mid-June, director of planning at the Thermal Power Plants Holding Company said.…
To help accelerate the synchronization of Iran’s power grid with those of Azerbaijan and Russia, the three neighboring nations discussed the details of an ongoing project via videoconference on…
The 55 Iranian petrochemical companies use 1.1 million barrels of crude as feedstock daily and this will reach 2.6 million barrels over the next decade, managing director of the National…
An estimated 261 billion kilowatt-hours of power were consumed between March 2021 and January 2022, up 8% or 18 billion kWh compared with the same period of a year ago, the head of Iran Grid…
The US administration will not sanction Russian crude oil because that would harm US consumers and not Vladimir Putin, a US State Department official said on Friday. “The sanctions will not…
Iran Chamber of Commerce, Industries, Mines and Agriculture’s Research Center has criticized a controversial policy based on which private electricity producers are obliged to sell power to the…
The Iranian petrochemical industry's revenue-generating potential notwithstanding, the 60-year-old sector has long been grappling with problems that have slowed down its development, the head of…
The water stored in Karkheh Dam in Khuzestan Province is 1.3 billion cubic meters less than the amount in the dam at this time of last year and Karoun Dam water storage has declined by 1 billion…
The energy ministers of Iran, Russia and Azerbaijan stressed the need to develop regional cooperation in the energy sector.
Population explosion, massive urban expansion, agriculture issues, rising consumption, waste and climate change have pushed rivalry for sustainable water resources to alarming levels. …
Subsidiaries of the Persian Gulf Petrochemical Industries Company signed 200 memorandum of understanding worth $600 million with domestic manufacturers at the third exhibition and convention to…
About 500,000 smart meters have been installed across Iran for high-consuming subscribers and the installation program will continue until next summer, a spokesperson for Power Generation,…
Oil Minister Javad Owji left Tehran on Sunday to accompany President Ebrahim Raisi to attend the Sixth Summit of Gas Exporting Countries Forum planned in Doha, Qatar, on 22 February. Russia,…
A new small-scale power plant with distributed generation system operated by the Khuzestan Regional Electricity Company joined the national electricity grid on Sunday, the head of provincial…
The Energy Ministry has announced that plans are underway to supply water to 1,219 villages in the next three months. Villages to get piped water are located in Sistan-Baluchestan, Khuzestan,…
Shiraz Petrochemical Company in the southern Fars Province exported a significant amount of its urea fertilizer to Brazil in 2021, managing director of the company said, without providing…
Completing the second phase of a plan to recover gasoline vapor at pumps has been delayed for the last two years due to financial constraints, the head of Gas Stations’ Guild Union said.
