If the state-run National Iranian Oil Refining and Distribution Company was not self-reliant in gasoline production, it would have to spend an estimated $20 billion to import the fuel in the…
Energy
Iranian companies will produce pipes for 28 oil reservoirs in the south and southwest, managing director of the National Iranian South Oil Company said. “The project includes laying 5,000 km of…
The National Iranian Gas Company's output stood near 260 billion cubic meters in 2020. As per data released by the state-run NIGC (a subsidiary of the National Iranian Oil Company), of…
Eleven petrochemical projects in the last fiscal year that ended in March contributed to the value chain and expanded the National Petrochemical Company’s annual production capacity by 15%, from…
Oil prices recovered after a 1% dip in the previous session on buoyant economic data from China and the United States, even as the surging Covid-19 pandemic in India capped prices. Brent crude…
Rural gas supply projects in Kermanshah Province continued in the last Persian calendar year (March 2020-2021) and 9,374 households in 219 villages were connected to the gas grid, managing…
The steam unit of the Qeshm Combined-Cycle Power Plant, aka combined cycle gas turbine (CCGT), in Qeshm Island in southern Hormozgan Province, will come on stream next year, the island’s…
Oil prices rose for a third day on Wednesday as easing of lockdowns in the United States and parts of Europe heralded a boost in fuel demand in summer season and offset concerns about the rise…
Pipe-laying work in Mahshahr Petrochemical Special Economic Zone (Petzone), Khuzestan Province, has been completed, operator of the project said.
More than 77% of the repair and maintenance of thermal power plants is over, director-general of the technical office at the Thermal Power Plants Holding Company said.
The era of high demand for oil and petroleum products will not be as before, most experts and analysts say. Nonetheless, Iran still has the opportunity to restore its lost market share if it…
Russian oil and gas condensate output rose 2% to 10.46 million barrels per day in April, from 10.25 million bpd in March, according to Reuters calculations based on an Interfax report on Sunday…
Forty million dollars have been earmarked for rehabilitating qanats this year, up 170% compared to the last fiscal year, head of the water affairs department of the Agricultural Jihad…
The first geothermal power plant near the city of Meshkinshahr in northwest Ardebil Province will come on stream by June, the Ardebil governor said. Costing $9 million, the plant has a capacity…
In an ongoing joint scientific study, hydrologists from Iran and the US have set new objectives to revive the troubled Urmia Lake straddling the provinces of East and West Azarbaijan -- one of…
Oil prices slipped on Friday, taking a breather after touching their highest in six weeks as concerns of wider lockdowns in India and Brazil to curb the Covid-19 pandemic offset a bullish…
The second phase of a wastewater development plan has become operational in the capital city Sari, Mazandaran Province, head of the provincial Water and Wastewater Company said. “Sewage…
Oil prices rose on Wednesday amid optimistic forecasts of global fuel demand recovery, while the rapid spread of Covid-19 infections in India and a bigger-than-expected build in US crude stocks…
Five million tons of polymers and plastics are produced in Iran annually half of which is exported generating $1.5 billion, Barmak Qanbarpour, a member of the board of directors of Iran National…
OPEC and its allies recommended proceeding with plans to gently revive oil production as global demand recovers from the pandemic, despite surging infections in India.
Petrochemical output in the first month of the new Iranian calendar year (March 21-April 20) increased by 7% compared to the same period last year, director of production control department at…
To ease water shortages in southern Hormozgan Province, supply of desalinated water to Salakh rural district on Qeshm Island has increased fourfold to reach 1,200 cubic meters per day, deputy…
An estimated 85% of the electricity distribution network in Alborz Province has been equipped with aerial bundled cables (ABC) prevent theft, head of the region’s Electric Power Distribution…
As per a government decree that came into effect today (April 27), heavy industries using an estimated five million kilowatt hours of power a year can buy electricity directly from private…
No new water contracts will be signed with farmers in the north of Khuzestan Province in the remaining spring season and in summer because of the worsening water crisis, director of Khuzestan…
