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May 31,2021
Oil advanced in Asian trading with the market focused on an OPEC+ supply policy meeting early this week and any commentary around the prospect for returning Iranian supply.
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May 31,2021
Two large solar farms with a total capacity of 631 megawatts are under construction in Fars Province, the deputy governor of the province for Economic Affairs Coordination said.
“The construction...
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May 31,2021
Kermanshah Oil Refinery in the western namesake province is completing development plans in collaboration with the Research Institute of Petroleum Industry and using the institute’s indigenized...
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May 31,2021
Straddling the joint border between Iran and Azerbaijan, Aras River has long been a source of livelihood for border dwellers and is a symbol of peace and friendship for the two countries.
And...
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May 30,2021
Petrofarhang Holding Company intends to increase methanol output capacity and complete methanol value chain to create added value by building new methanol units to produce polyolefins and...
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May 30,2021
To help boost diesel production in compliance with Euro-5 emission standards at the Isfahan Oil Refining Company in central Isfahan Province, a diesel treatment unit was launched on Sunday,...
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May 30,2021
The first phase of Khesht Oilfield development in Fars Province will go on stream in the summer, managing director of South Zagros Oil and Gas Production Company said on Sunday.
"Phase 1...
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May 30,2021
Annual natural gas extraction from the giant South Pars Gas Field in the Persian Gulf has rocketed by a massive 2,000% over the last 18 years, the managing director of Pars Oil and Gas Company, a...
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May 30,2021
Khorasan Petrochemical Company in North Khorasan Province plans to implement a development project for increasing output, managing director of the company said.
“Currently, about half a million...
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May 28,2021
Oil prices pushed higher on Friday, taking Brent to near $70 a barrel as firm US economic data and expectations of a strong rebound in global fuel demand in the third quarter underpinned the market...
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May 28,2021
A total of 19 oil and gas fields, including 48 reservoirs, were discovered over the past eight years, said the head of Exploration Department at the National Iranian Oil Company.
“As of 2014, 10...
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May 28,2021
Iran is cooperating with the member states of the Regional Center for Urban Water Management for upgrading urban water management, utilizing new technologies in water and wastewater fields and...
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May 26,2021
While power consumption during peak hours rose by less than 5% between 2010 and 2020, Iran's peak demand jumped by 20% in the current fiscal year (started March 21), said a deputy manager at Iran's...
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May 26,2021
A contract has been signed by Petropars Group and Dana Energy Company, based on which 10 new wells will be drilled in South Azadegan Oilfield in Khuzestan Province by Dana, the managing director of...
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May 26,2021
Iran may be holding as much as 69 million barrels of oil at sea, according to estimates from E.A. Gibson Shipbrokers Ltd., a London-based broker.
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May 25,2021
Oil futures edged higher during mid-morning trade in Asia on Tuesday, extending overnight gains, as some uncertainty emerged over the restoration of Iran’s Joint Comprehensive Plan of Action, and...
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May 25,2021
The first phase of a pilot plan to inject nanofluids into oil reservoirs started on Sunday in Belal Oilfield near Lavan Island in Hormozgan Province off the Persian Gulf, the plan’s manager said...
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May 25,2021
A water tunnel project became operational in Kurdestan Province on Tuesday to help raise agricultural output, deputy energy minister for water and wastewater affairs said.
“Approximately 90...
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May 25,2021
Iran was the third country with the highest volume of gas flaring in the world last year, accounting for 9.3% of the total global flaring.
Although the annual flaring in Iran dropped to 13.3...
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May 24,2021
Over 45 million cubic meters of drinking water in Hormozgan are supplied annually through desalination.
Currently, 26% of the province's water needs are met through the purification of seawater...
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May 24,2021
Oil prices rose on Monday as a storm formed in the Gulf of Mexico and Iran said a three-month nuclear monitoring deal had expired, raising doubts about the future of indirect talks that could end...
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May 23,2021
Power plants in Hormozgan Province are using indigenous parts and equipment made by domestic manufacturers, managing director of Bandar Abbas Power Generation Company said.
“The installed capacity...
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May 23,2021
Kamandan Dam in Azna County, Lorestan Province, will be launched by the end of the current Iranian year (March 2022.
With a water storage capacity of 28 million cubic meters, Kamandan Dam will...
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May 23,2021
The National Iranian Drilling Company, a subsidiary of National Iranian Oil Company, has drilled 17 oil and gas wells in the West Karoun oil block since the beginning of the current Iranian year (...
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May 22,2021
The guaranteed purchase price paid by the government for renewable power generated by private companies has, on average, increased by 40%.
A new directive to raise tariffs (for e private sector...