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August 25,2021
Despite the rise in gasoline production in recent years, promoting the use of environmentally-friendly compressed natural gas instead of eco-unfriendly gasoline is imperative to reduce fuel...
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August 25,2021
The National Iranian Drilling Company drilled 34 oil and gas wells in onshore and offshore fields during the first five months of the current Iranian year (March 21-Aug. 22), the deputy head of...
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August 24,2021
The construction of the second phase of Ilam Gas Refinery in the namesake western province will start in winter, managing director of the refinery said.
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August 24,2021
The electricity loss in transmission and distribution networks in Iran is about 40 terabyte hours per year, which is equivalent to 43% of the annual electricity consumption in the household sector...
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August 24,2021
National Iranian Gas Company, a subsidiary of the National Iranian Oil Company, has invested $4 billion to fast track the indigenization of 29 vital equipment in collaboration with domestic...
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August 23,2021
In the first five months of the current Iranian year (March 21-Aug. 20), 22 villages in Yazd Province have been connected to the national gas network.
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August 23,2021
Oil prices reversed out of a seven-day losing stretch on Monday as investors punted on crude at bargain levels, as lingering fears over how a surge in global Covid-19 cases might affect fuel demand...
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August 23,2021
Persian Gulf Bidboland Gas Refining Company has replaced its foreign-made antifoam with domestic counterpart to save time and expenses.
Antifoam is an important control substance in the process of...
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August 23,2021
President Ebrahim Raeisi said Iran is not concerned about finding customers for its oil and it has different options to continue the export of crude and oil derivatives.
"There are no worries...
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August 22,2021
The National Iranian Oil Company’s crude production has experienced a 37% increase in the first five months of the current fiscal year (March 21-Aug. 20) compared with the corresponding period of...
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August 22,2021
Over 30 projects have been planned to reduce the import of petrochemical products worth over $1 billion, the National Petrochemical Company’s director for planning and development said.
“Annually...
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August 22,2021
Power production from hydropower plants in Khuzestan Province has hit rock bottom, a deputy manager of the provincial power company said.
“Several hydroelectric power plants, including Karoun 1,...
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August 21,2021
Bu Ali Sina Petrochemical Company in Mahshahr, Khuzestan Province, plans to install a new distillation tower and when it is up and running, the company’s annual profits will increase by $50 million...
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August 21,2021
The drilling operations for four new wells as part of the development project to increase the production of Nargesi Oilfield in southern Iran has been completed.
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August 21,2021
The world’s largest sovereign wealth fund, Norway’s $1.4 trillion Government Pension Fund Global, should ask the companies it is invested in when it comes to reaching their 2050 net-zero emissions...
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August 21,2021
Oil prices closed out their biggest week of losses in more than nine months with another down day on Friday, as investors sold futures in anticipation of weakened fuel demand worldwide due to a...
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August 21,2021
The National Iranian Oil Company's gasoline exports to neighboring states in the first four months of the current fiscal year (March 21-July 22) dipped sharply compared with the corresponding...
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August 14,2021
Plans to supply desalinated water from the Persian Gulf and Caspian Sea to the arid and drought-hit plains of central Iran will only offer a temporary solution and cannot help fight drought in the...
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August 14,2021
As a part of the development program of Forouzan offshore oilfield in the Persian Gulf, the QB topside of FYA platform in the field has been installed on the QA topside.
The installation of the...
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August 14,2021
Consumption of mazut as feedstock in Tehran’s power plants is virtually zero, the Thermal Power Plants Holding Company’s deputy for renovation affairs said.
“Mazut, the eco-unfriendly fuel,...
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August 13,2021
Oil prices fell for a second day on Friday after the International Energy Agency warned that demand growth for crude and its products had slowed sharply, as surging cases of Covid-19 worldwide have...
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August 13,2021
Power sectors in Iraq, Pakistan and Afghanistan, the biggest customers of Iran's electricity, are monopolized by their governments and they are interested in concluding deals with the state-run...
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August 11,2021
Electricity consumption in Iran sets a record on Tuesday by exceeding 67,000 megawatts, spokesman of Iran Power Generation, Distribution and Transmission Company (Tavanir) said.
Power consumption...
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August 11,2021
A new 10-megawatt solar farm came on stream on Wednesday in Kushk Rural District in Khatam County of Yazd Province, managing director of Yazd Regional Electricity Company said.
“As an undertaking...
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August 10,2021
Babolsar County in Mazandaran Province will receive water from Alborz Dam, also known as Lafour Dam, by the end of August, managing director of the provincial regional water company said.
Water...