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April 15,2019
Oil Minister Bijan Namdar Zanganeh said Monday US sanctions on Iran and Venezuela plus the renewed military conflict in Libya are contributing to instability in the international oil markets.
"Oil...
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April 14,2019
South Pars Gas Complex produced 250 million barrels of gas condensates in 2018, managing director of the major gas complex said Saturday.
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April 14,2019
Snow cover in the western and northwest mountain basins has witnessed a 20% rise compared to last year.
According to ISNA, snow has covered almost 275,000 kilometers in Iran and when it starts...
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April 14,2019
The administration of President Jair Bolsonaro plans to auction seven offshore oil fields in the northeast despite contrary advice from analysts of Brazil's main environmental body, according to...
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April 13,2019
Crude oil and gas condensate loading from Iranian oil terminals, namely Kharg in the Persian Gulf, increased 12% to 1.70 million barrels per day in March, the highest since last October.
"Major...
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April 13,2019
China will give priority to the construction of wind and solar projects that can operate without subsidies this year, and will cap new subsidized capacity, the energy regulator said, part of...
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April 13,2019
Associated petroleum gas burning out of 10 gas refineries operational at the giant South Pars Gas Field off the Persian Gulf decreased by 21.6% last year compared to the year before.
According to...
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April 13,2019
The finance department of government-affiliated Power Generation, Distribution and Transmission Company (Tavanir) said the company settled $750 million of its debt to private power companies,...
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April 12,2019
Flash floods during the past three weeks in the west and southwest are taking a toll on oil production in oil-rich Khuzestan Province, the National Iranian Oil Company's deputy managing director...
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April 12,2019
Energy Minister Reza Ardakanian said Wednesday 2,000 villages on the outskirts of urban and rural areas will be provided with potable water by the end of the current fiscal (started March 21).
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April 12,2019
First phase of the first geothermal power plant will be launched in winter, the managing director of Thermal Power Plants Holding Company said at the weekend.
Located near the city of Meshkin...
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April 12,2019
The global oil market is tightening due to sharp production falls in Saudi Arabia and Venezuela, the International Energy Agency said Friday, but cautioned there are still "mixed signals" over the...
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April 10,2019
Kuwait will back an extension of OPEC-led production cuts beyond June if it's clear supply and demand factors warrant it, Haitham al-Ghais, Kuwait Petroleum Corp's manager for market research and...
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April 10,2019
Recent rainfall increased the volume of water in dams and 80% of the dams are now full, while barely 40% were full last year, a deputy manager at Iran Power Generation, Distribution and...
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April 10,2019
Venezuela is in chaos. Iran is grappling with US sanctions. And now there is a surge of violence in Libya. Trouble in these three OPEC nations has helped send US oil prices climbing back above $64...
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April 10,2019
More than 1,500 kilometers of overhead and underground transmission lines and 1,043 power pylons in southwestern Khuzestan Province (except in the provincial capital Ahvaz) were damaged in the...
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April 10,2019
The second phase of Damavand Petrochemical Plant and the first phase of Bushehr Petrochemical Complex will come on stream by July in Pars Special Economic Energy Zone in Asalouyeh, Bushehr Province...
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April 09,2019
Indian refiners are holding back from ordering Iranian oil for loading in May pending clarity on whether Washington will extend a waiver from US sanctions against the OPEC-member, four sources said...
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April 09,2019
Solar energy generates electricity for household consumption at lower prices, significantly reduces toxic gases and helps farmers with their excess products, says Davoud Fadaei, a member of the...
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April 09,2019
Energy Minister Reza Ardakanian said dams played a key role in mitigating damage during the recent flooding in the western and southern regions.
A staunch advocate of dams, Ardakanian added, "...
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April 08,2019
Delays in paying private contractors have grounded many clean energy projects, a member of the Iran Renewable Energy Association (IrREA) said on Sunday.
"Most private companies have not been...
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April 08,2019
China’s natural gas demand is set to grow by 14% in 2019 amid a huge government push to spur consumption of the fuel, a senior industry executive said, requiring the nation to import huge amounts...
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April 08,2019
One of the key Russian officials to foster a supply pact with OPEC, Kirill Dmitriev, signaled on Monday Russia wanted to raise oil output when it meets with OPEC in June because of improving market...
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April 08,2019
Oil prices rose to their highest level since November 2018 on Monday, driven upwards by OPEC’s ongoing supply cuts, US sanctions against Iran and Venezuela, fighting in Libya as well as strong US...
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April 08,2019
The West Ethylene Gas Pipeline ruptured in western Kermanshah Province on Sunday, the governor said.