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April 23,2023
A substantial reduction in gas supply to petrochemical plants, the sale of more goods in Iran Mercantile Exchange and a price slump in international markets have reduced the petrochemical sector’s...
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April 19,2023
Arya Sasol Polymer Company plans to increase its output and sales in the current fiscal year (March 2023-24), the managing director of the company said.
“Last year, 1.084 million tons of products...
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April 19,2023
The Iranian Parliament’s unwise decision to abolish the law on implementing Daylight Saving Time (DST) in spring and fall is expected to raise electricity demand during peak hours by at least 2,000...
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April 19,2023
Oil dropped on Wednesday as the market weighed potential interest rate hikes from the US Federal Reserve that could slow growth and dampen oil consumption, offsetting falling US inventories and...
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April 19,2023
The last stage of the production test in Jofeir and Sepehr oilfields in Khuzestan Province was successfully completed on Tuesday, the managing director of Pasargad Energy Development Company said...
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April 18,2023
Bandar Imam Petrochemical Company in Mahshahr, Khuzestan Province, plans to invest in oil and gas fields for procuring sustainable feed to increase its output and profit in the next five years, the...
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April 18,2023
Bandar Abbas Oil Refinery in Hormozgan Province has launched development plans to turn into a petro-refinery, one of which is to become a major petroleum coke producer, the managing director of the...
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April 18,2023
A biogas power station for units 5 and 6 of South Wastewater Treatment Plant in Tehran was inaugurated on Tuesday.
It has two generators for the simultaneous production of electricity and heat...
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April 17,2023
Oil prices were steady on Monday as investors awaited Chinese economic data for signs of demand recovery in the world's second-largest oil consumer.
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April 17,2023
Several petrochemical and refining projects are underway in Gachsaran County in Kohgilouyeh-Boyerahmad Province to make the county an energy hub in western Iran, the provincial governor said.
“The...
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April 17,2023
Upon the completion of projects to supply gas to villages in Kermanshah Province last year (March 2022-23), about 90% of rural regions in the western province are now connected to the national gas...
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April 17,2023
To temporarily redress the growing imbalance between gasoline and diesel supply and demand, the government has started to import fuels, spokesman for the Majlis Energy Commission said.
"Although...
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April 16,2023
Iran and Venezuela have signed new memorandums of understanding to expand bilateral cooperation in oil and gas industry.
Iranian Oil Minister Javad Owji and his Venezuelan counterpart Pedro Rafael...
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April 16,2023
The volume of natural gas swapped between Iran and Turkmenistan soared by 385% in 2022 compared to the previous year, the managing director of the National Iranian Gas Company said.
“NIGC’s...
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April 16,2023
The second unit of Karaj Wastewater Treatment Plant in Alborz Province is near completion and will come on stream by September, the managing director of the provincial water and wastewater company...
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April 15,2023
More than 500 industrial units in Yazd Province were connected to the natural gas network last year (March 2022-23), the managing director of Yazd Gas Company said.
“Last year, gas was supplied to...
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April 15,2023
The construction of the second phase of Torbat-e Heydariyeh wastewater treatment plant in Khorasan Razavi Province has made 40% progress and will become operational in 2024, the managing director ...
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April 15,2023
Close to 1.5 billion liters of diesel are smuggled to neighboring countries by thermal power stations per year, spokesman for the Majlis Energy Commission said.
"Given the fact that each liter of...
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April 14,2023
Urmia Lake’s water level is currently 1,270 meters, down 49 centimeters compared to last year’s level, the head of Integrated Water Resources Management Department at the Energy Ministry said.
“...
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April 14,2023
Importing gasoline to plug fuel shortage is not feasible, as per capita gasoline consumption in Iran, with a population of 83 million, is above the global average, the head of the Energy Commission...
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April 14,2023
Sabalan Petrochemical Company in Asalouyeh, Bushehr Province, a subsidiary of Sepehr Energy Holding Company, produced 700,000 tons of grade AA methanol in the last Iranian year (March 2022-23), and...
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April 10,2023
Bushehr Nuclear Power Plant in the southern namesake city has injected close to 60 billion kilowatt hours of electricity to the national grid over the last decade, helping prevent power outages and...
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April 10,2023
More than 553 tons of mercaptan, a gas odorant, were produced at the first refinery of South Pars Gas Complex last year (March 2022-23) with the efforts of the specialists of the complex, the...
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April 10,2023
The polyethylene unit of Jam Petrochemical Company in the port city of Asalouyeh, Bushehr Province, has set a record in producing PE in the last Iranian year ended (March 20, 2023), the head of the...
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April 10,2023
Oil prices were roughly unchanged on Monday, as investors weighed the prospect of tighter supplies from OPEC+ producers as of May against concerns about weakening global growth that may dampen fuel...