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July 10,2019
Any disruption in oil exports flowing through the Strait of Hormuz will be a “major obstacle” for Iraq’s economy, Iraqi Prime Minister Adel Abdul Mahdi said on Tuesday, as tensions continue to...
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July 10,2019
The first and second steam units of Shirvan Combined Cycle Power Plant in Shirvan County, North Khorasan Province, will be launched next week, the managing director of Thermal Power Plants Holding...
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July 09,2019
Profits from gasoline production have surged over 150% in Asia from June due to output cuts and refinery maintenance, industry sources said this week, but that may not last as a flood of new supply...
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July 09,2019
To maintain sustainable gas supply to northern regions, the state-owned East Oil and Gas Production Company, a subsidiary of Iranian Central Oil Fields Company, is producing close to 63 million...
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July 09,2019
Russian oil production fell close to a three-year low in early July, to 10.79 million barrels per day, dragged down by declining output at Rosneft, the country’s largest oil producer, industry...
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July 09,2019
OPEC's compliance with its production quotas fell sharply in June, as output gains in the month by Saudi Arabia and Nigeria, along with Iraq's, continued to flout their cap and shrank the bloc's...
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July 09,2019
Twelve power, water and wastewater projects (at a cost of $270 million) were launched during Energy Minister Reza Ardakanian’s visit to different cities of Fars Province.
“An additional 386...
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July 08,2019
An oil tanker damaged in a bombing off the UAE port of Fujairah in May is back in business. The ship’s first destination: Iran.
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July 08,2019
The expansion and construction of new units, especially for improving the quality of heavy oil products such as diesel, are on the agenda of Bandar Abbas Oil Refinery Company, its managing director...
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July 08,2019
Iran has never been a threat to energy security, nor will it ever pose a risk to it, as insecurity in the region is against its national interests.
Oil Minister Bijan Namdar Zanganeh made the...
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July 08,2019
The first unit of Sardasht Hydroelectric Power Plant in Sardasht County, West Azarbaijan Province, will go on stream by the weekend, the managing director of Iran Water and Power Resources...
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July 07,2019
A new 10-megawatt solar power plant in Baft County, Kerman Province, has now been connected to the national electricity grid.
Established over 20 hectares of land in Baft, which has one of the...
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July 07,2019
State organizations, which do not reduce their electricity consumption by 10%, will face outages over the next two months, the interior minister said Sunday.
"Executive bodies that exceed limits...
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July 07,2019
Despite the fact that dams and Chah-Nimeh water reservoirs are full, residents in Sistan-Baluchestan Province are still suffering from the shortage of safe drinking water supply, the provincial...
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July 06,2019
In the first quarter of the current fiscal year (March 21-June 21), 93% of the fuel supplied to Shahid Rajaee Combined-Cycle Power Plant in Qazvin Province constituted natural gas, up from 88% last...
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July 06,2019
Kaveh Methanol Complex in the Persian Gulf port city of Bandar Dayyer, Bushehr Province, is ready to be officially inaugurated soon, the head of National Petrochemical Company said on Saturday.
“...
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July 06,2019
The 7-megawatt solar power plant in Abhar City, Zanjan Province, has been connected to the national power grid.
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July 06,2019
OPEC oil output sank to a new five-year low in June as a rise in Saudi supply did not offset losses in Iran and Venezuela due to US sanctions and other outages elsewhere in the group, a Reuters...
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July 05,2019
Delinking current expenditures from oil revenues must be given high priority, the head of Energy Commission of Iran Chamber of Commerce, Industries, Mines and Agriculture said.
"It is regrettable...
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July 05,2019
To help prevent power disruption in Saravan city in Sistan-Baluchestan Province, a mobile power plant was synchronized with the national grid on Wednesday, the project manager said.
"The 25-...
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July 05,2019
The US Department of State is discussing allowing China to import oil from Iran as payment for a Chinese company’s investment in an Iranian oilfield.
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July 05,2019
The Foreign Ministry summoned Britain’s ambassador to Iran after British forces seized an Iranian oil tanker in the Strait of Gibraltar, bordered by Spain and Morocco.
Rob Macaire was summoned to...
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July 05,2019
Crude oil prices fell on Friday on weak economic indicators from the United States and Germany, shrugging off tensions around Iran and this week’s decision by OPEC and its allies to extend a supply...
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July 05,2019
Indicating that there is still some confusion in India’s position on stopping oil imports from Iran in line with sanctions reimposed by the United States, the government said on Wednesday that it...
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July 03,2019
Russian daily oil output rose in June to 11.15 million barrels per day, up from 11.11 million bpd in May, still below the amount agreed in a global deal to cut production, the country’s energy...