Bu-Ali Sina and Arvand petrochemical companies in Mahshahr, Khuzestan Province, are moving ahead with projects to raise their production capacity. The former is building a paraxylene production…
Energy
The supply of gasoline, diesel and other oil derivatives across the country is continuing normally and there are no worries in this regard, the head of the National Iranian Oil Products…
Iran’s electricity consumption reached an unprecedented record of 64,046 megawatts on Tuesday, the highest since keeping records started nearly a century ago. The new record comes as high…
Although agriculture and industries account for more than 90% of water consumed in Iran, the two water-intensive sectors are still lagging way behind when it comes to wastewater recycling and…
The National Petrochemical Company plans to raise its production capacity to 133 million tons per year by 2025 and to do so, it has devised 48 projects that need an investment of $30 billion,…
Oil prices hit and then recoiled from highs last seen in October 2018 on Monday, as investors eyed the outcome of this week's OPEC+ as the United States and Iran wrangle over the revival of a…
To help meet rising power demand, electricity imports from neighboring states, including Turkmenistan, Azerbaijan and Armenia, have approached 700 megawatts per day in the last three weeks.
Petrochemical production in the first three months of the fiscal 2021-22 reached 16.5 million tons, director of Production Control Department at the National Petrochemical Company said.
The water level of Urmia Lake is currently 1,271.16 meters, which is 60 centimeters lower than last year’s level, the head of Urmia Lake Catchment Area said.
The project to build a new pipeline to transfer water from Nahand Dam to Tabriz, capital city of East Azarbaijan Province, has registered 95% progress, managing director of the provincial…
Tight natural gas supply and a rebound in electricity consumption have combined to push thermal coal prices to the highest in a decade and insufficient rainfall in China has contributed to the…
The replacement of dilapidated gas turbine in 52-year-old Besat Thermal Power Plant in southern Tehran with a domestically-manufactured F-class gas turbine will help curb water consumption by 95…
Sixteen petrochemical projects worth approximately $17 billion are being developed by the Persian Gulf Petrochemical Industries Company. The initiatives will help complete the value chain…
A development project to expand and renovate Abadan Refinery in Khuzestan Province has registered 80% progress and its completion is expected in 2022. Costing $3.2 billion, the venture includes…
Although water ownership has become one of the most critical problems in the world, especially in the Middle East, policy and decision makers in Iran are still preoccupied with raising crude oil…
Oil prices climbed for a third straight session on Friday, on track for a fifth consecutive weekly gain, as demand growth is expected to outstrip supply on bets that OPEC+ producers will be…
More than 95% of Iran’s population are linked to the gas supply network, the oil minister said.
OPEC+ is discussing whether to further boost production at next week’s meeting, as the oil market looks increasingly tight. Moscow is considering making a proposal that the group should ease a…
The first well drilled in the Asmari reservoir of Abuzar Oilfield in the Persian Gulf to increase crude oil production has now become operational, the head of petroleum engineering at the…
The share of nuclear power in Iran's power mix is expected to experience a 700% growth to reach 8 gigawatts by 2041. Energy Minister Reza Ardakanian made the statement in a parliamentary…
Arvand Petrochemical Company in Khuzestan Province has increased its chlorine output by 17% in the last Iranian year (ended March 20, 2020) compared to the previous year, helping increase the…
Oil prices rose on Monday, underpinned by strong demand during the summer driving season and a pause in talks to revive the Iran nuclear deal that could indicate a delay in resumption of…
Seismic surveys carried out by Khazar Exploration and Production Company, a subsidiary of the National Iranian Oil Company, have shown the likely presence of a massive hydrocarbon formation in…
Faravaresh Company, an affiliate of Bandar Imam Petrochemical Company, increased its benzene production in the last Iranian year (ended March 20, 2021) by 62% compared to the previous year.
Since the beginning of the current water year (September 2020), the level of water in dams across Iran has declined by 30% year-on-year. Currently, dams in the country have 28.01 billion cubic…
