Energy

  • Work on a diesel treatment unit has made 85% progress and will help boost diesel production in compliance with Euro-5 standard at the Isfahan Oil Refining Company in central Isfahan Province…

  • Oil prices gained more than 2% on Monday, with Brent futures rising above $40 a barrel, after Joe Biden clinched the US presidency and buoyed risk appetites, offsetting worries about the impact…

  • The project to eliminate the volatile organic compounds emissions from a wastewater treatment unit at Tabriz Petrochemical Plant in East Azarbaijan Province has been launched as the company…

  • Key members of OPEC are wary that strains in the OPEC+ alliance could reemerge with Joe Biden as US president, sources close to the organization said, and would miss the outgoing president,…

  • The Caspian Sea has been shrinking since 1995 and the trend is not expected to end in the foreseeable future due to a variety of reasons, namely rising temperatures linked to global warming and…

  • Gasoline consumption in Iran in the first seven months of the current Persian calendar year (March 20-Oct 2020) declined 30% compared to the same period last year. While motorists used 97…

  • In the past five years desalination capacity in southern Hormozgan Province has increased six fold, managing director of the Hormozgan Water and Wastewater Company said. “The present annual…

  • Production of renewable energy in Iran has surpassed 5.47 billion kilowatt hours since 2009. If this volume was produced by thermal plants that consume gas as feedstock, more than 1.55 billion…

  • The first phase of a project to supply water from the Persian Gulf to Kerman Province went on stream on Thursday, head of the National Water and Wastewater Engineering Company of Iran (Abfa)…

  • Oil fell towards $40 a barrel on Friday as new lockdowns in Europe to halt surging Covid-19 infections sparked concern about the outlook for demand, while markets remained on edge over drawn-out…

  • Construction of nine wastewater treatment plants and sewage network in the counties of Tehran Province will start in the next Iranian calendar year (March 2021), managing director of Tehran…

  • Sabalan Petrochemical Company in Asalouyeh, southern Bushehr Province, has started using domestically-made hydrodesulphurization (HDS) catalysts for the first time in the country to support…

  • A water supply project in Sorkheh County, Semnan Province, became operational on Monday, Tehran Province Water and Wastewater Company (an Abfa subsidiary) managing director said. “The 80-km…

  • An estimated 110,000 cubic meters of treated wastewater produced in Bandar Abbas Wastewater Treatment Plant in Hormozgan Province will be piped to industries in the west of the key port city,…

  • Offshore drilling operations in the South Pars Gas Field Phase 11 off the Persian Gulf will start soon, the head of Mapna Drilling Company, a subsidiary of Mapna Group—Iran's top engineering and…

  • The National Iranian Drilling Company in collaboration with domestic manufactures indigenized 242 more equipment and parts, the director of research, technology and engineering department at…

  • The first 2.5 megawatt wind turbine of Mil-e-Nader Wind Farm in Sistan-Baluchestan Province has been installed, deputy governor for coordinating economic affairs said. “Manufactured by Mapna…

  • The first phase of the first geothermal power plant near the city of Meshkinshahr in Ardebil Province is scheduled to come online in March 2021; however, some experts in the power industry…

  • Two water projects were inaugurated Thursday in Tehran Province to enhance water quality and increase supply in the ever-expanding metropolis, director of the National Water and Wastewater…

  • The second gas unit of Qeshm Combined Cycle Power Plant in Qeshm Island, off the Persian Gulf, was inaugurated Thursday making the island self-sufficient in electricity generation. With a…

  • Global oil prices moved in and out of negative territory on Friday but remained on course for a second monthly fall as rising Covid-19 cases in Europe and the United States heighten concerns…

  • Farming communities and industries cut their power consumption (by turning off water pumps and machinery) in the hot season (June-August) by 2 billion kilowatt hours, the Energy Ministry…

  • Construction of Arg Petrochemical Complex in Mahshahr, Khuzestan Province, which was approved in 1996 to annually produce 100,000 tons of acrylonitrile, remains on hold. The national project,…

  • The National Iranian Oil Company supplies almost 55% of low-sulphur fuel to Iran's shipping fleet that complies with the International Maritime Organization’s new regulations demanding a 0.5%…

  • OPEC’s secretary general said an oil market recovery may take longer than hoped as coronavirus inflections rise around the world, and OPEC and its allies would “stay the course” in balancing the…