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October 28,2022
The National Iranian Drilling Company has drilled 57 oil and gas wells in the onshore and offshore oil-rich regions of the country in the current Iranian year’s first seven months (March 21-Oct. 22...
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October 26,2022
Oil prices eased on Wednesday after industry data showed US crude stockpiles rose more than expected, but losses were capped by supply worries.
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October 26,2022
The government’s Economic Council has approved $120 million worth of investment in the second phase of Ilam Gas Refinery, which should be financed by the National Iranian Gas Company.
The...
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October 26,2022
As long as Iran does not establish good relations with the international community, increasing natural gas export capacity will remain a dream, a former deputy oil minister for international and...
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October 26,2022
Ten electricity projects with an investment of $33.3 million are underway in Gilan Province, managing director of Gilan Regional Power Company said.
“The projects are expected to be completed by...
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October 25,2022
Achieving global decarbonization to stabilize the climate depends not only on technical and scientific collaboration of all beneficiaries but also their genuine political will and investment in...
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October 25,2022
Tightening markets for liquefied natural gas worldwide and major oil producers cutting supply have put the world in the middle of the first truly international energy crisis, the head of the...
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October 25,2022
About 50 million cubic meters of freshwater are produced via desalination in the Middle East. While the share of Persian Gulf is about 24%, most of which pertains to Arab littoral states, Iran’s...
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October 25,2022
Since the beginning of the current water year (Sept. 23), only 3 millimeters of rainfall have been registered across Iran, which shows a 44% decrease compared with the same period of last year, the...
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October 24,2022
Oil prices slid more than 1% on Monday after Chinese data showed that demand from the world's largest crude importer remained lackluster in September as strict Covid-19 policies and fuel export...
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October 24,2022
The National Iranian Oil Company will draw up contracts worth $500 million with knowledge-based firms to revive abandoned oil and gas wells, the oil minister said.
“Some 54 startups have expressed...
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October 24,2022
A contract has been signed between Iran and Russia, based on which 40 turbines manufactured domestically will be exported to Russia, managing director of Iranian Gas Engineering and Development...
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October 24,2022
More than 2,300 billion cubic meters of natural gas have been processed in the refineries of the South Pars Gas Field since it became operational in 1998, managing director of South Pars Gas...
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October 24,2022
France is pulling out of a 1994 treaty that had the effect of protecting investment in fossil fuels as Europe retools toward a greener future, French President Emmanuel Macron said.
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October 23,2022
Economy Minister Ehsan Khandouzi on Saturday broke ground for a photovoltaic cell and panel manufacturing plant in Mahan County, Kerman Province.
The initiative will be completed by the private...
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October 23,2022
To improve water supply to rural areas, construction work has begun to build a desalination facility in Torgan District on Qeshm Island, Hormozgan Province, the head of the provincial Water and...
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October 23,2022
All the urban and rural areas of Kermanshah Province will be connected to the national gas network by the end of the next Iranian year (March 2024), the head of the provincial gas company said.
“...
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October 22,2022
Iran has more than 120 thermal power plants that account for about 0.1% of total annual water consumption, the head the Thermal Power Plant Holding Company said.
"Iran's annual water consumption [...
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October 22,2022
Only 12% of the water used in the northern Mazandaran Province is provided from surface water resources and 88% come from groundwater resources, which include 740 wells and 373 springs, managing...
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October 22,2022
To complete the value chain in Jam Petrochemical Complex in the port city of Asalouyeh, Bushehr Province, the first phase of an ABS/rubber production unit has been launched, managing director of...
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October 21,2022
Oil slipped on Friday and was heading for a second weekly decline, as investors weighed the impact of sharp interest rate rises on energy consumption, offsetting hopes of higher Chinese demand and...
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October 21,2022
Since the beginning of the current Iranian year (March 21), the country's petrochemical companies have earned nearly $10 billion from the sale of their products to foreign countries, about 40% of...
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October 21,2022
Iran has traded 26 million tons of oil products worth $15 billion with other countries in the last six months, the head of the Board of Directors at the Iranian Oil, Gas and Petrochemical Products...
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October 21,2022
The first phase of a project to build the Doroh Wind Power Plant in the central district of Sarbisheh County, South Khorasan Province, has registered a work-in-progress rate of 60%, but completing...
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October 19,2022
To bolster power supply, 100 development projects are underway to add 2,700 megawatts to the production capacity of distributed generation (DG) power stations.
According to Energy Ministry data,...