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July 04,2021
Close to 463 million kilowatt hours of electricity were generated from alternative energy sources in the first three months of the fiscal 2021-22, which help curb both water and fossil fuel...
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July 04,2021
The National Water and Wastewater Engineering Company of Iran will not allow Tehran Municipality to tap into underground resources in the sprawling capital for watering parks and greenspaces, the...
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July 04,2021
Imam Khomeini Shazand Oil Refinery and the Research Institute of Petroleum Industry signed a contract for the production of needle coke, which will render Iran self-sufficient in the production of...
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July 02,2021
Petrochemical plants use $275 million worth of catalysts annually, a majority of which is produced locally, managing director of the National Petrochemical Company said.
“The key industry needs 95...
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July 02,2021
Oil prices rose roughly 2% on Thursday on indications that OPEC+ producers could increase output more slowly than expected in coming months, while rising global fuel demand causes supply to tighten...
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July 02,2021
The next oil minister should help boost exports and restore Iran’s lost market share, which has been damaged by US sanctions, Oil Minister Bijan Namdar Zanganeh said after the 181st Meeting of the...
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June 30,2021
Oil prices on Wednesday extended the previous day's small gains after an industry report showed US crude stockpiles fell last week, overriding trader and investor concerns about transportation...
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June 30,2021
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...
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June 30,2021
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...
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June 30,2021
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...
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June 29,2021
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 water...
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June 29,2021
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, NPC’s...
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June 28,2021
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....
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June 28,2021
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 Energy Ministry had said the lake...
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June 28,2021
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...
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June 28,2021
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.
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June 27,2021
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...
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June 27,2021
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 Regional...
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June 27,2021
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%...
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June 26,2021
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 of...
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June 26,2021
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...
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June 25,2021
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...
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June 25,2021
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...
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June 25,2021
More than 95% of Iran’s population are linked to the gas supply network, the oil minister said.
Addressing a weekend ceremony to launch several national projects, Bijan Namdar Zanganeh added that...
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June 23,2021
OPEC+ is discussing whether to further boost production at next week’s meeting, as the oil market looks increasingly tight.