Energy

Kavian Petrochemical Company in the Pars Special Economic Energy Zone in Asalouyeh, Bushehr Province, is the main injector of ethylene to the West Ethylene Pipeline and plays an important role…

The LNG market enters 2021 with reports of a South Korean company planning to use LNG-cooled warehouses for bulk storage of Covid-19 vaccines as conventional cold distribution chains could be…

According to the Climate Change Performance Index, Iran is third out of 61 countries that had the worst performance in fighting global warming in 2020. Placed 59th, Iran is among the worst…

Oil gained ground on Wednesday on the back of a weaker dollar, a decline in US crude oil inventories and as Britain approved another coronavirus vaccine, but both benchmark contracts were set to…

The National Iranian Drilling Company, a subsidiary of National Iranian Oil Company, undertakes most drilling operations in the country and drilled 4,724 onshore and offshore oil and gas wells…

Twenty six power and water projects were officially inaugurated in four provinces on Thursday. Costing over $100 million, four were in West Azarbaijan in the northwest, nine in Isfahan, 10 in…

In the first seven months of the Iranian calendar year (ends in March) more than $1.4 billion worth of gasoline was exported to Iraqi Kurdistan, Afghanistan, Pakistan, Armenia and some African…

With the completion of 40 rural water supply projects in Markazi Province, water problems in 74 villages with 300,000 people have been resolved, managing director of the provincial Water and…

The gas unit of Hengam Power Plant in Bandar Abbas, southern  Hormozgan Province, the first of its kind in the country to have an indigenized F-class gas turbine, has started operation,…

Construction of a loading pier for LPG export, at Tombak Port, approximately 50 kilometers north of the port of Asalouyeh in Bushehr Province, is almost complete, managing director of Pars Oil…

Concurrent with the final construction phase of Azad Dam in Kurdistan Province, executive operations for transferring water from the dam to Sanandaj Water Treatment Plant will start by the end…

Fossil fuel is on its way out. Most countries, even oil-rich states are slowly but steadily shifting to green power as they grapple with the scale and scope of ecological disasters (climate…

The parliament cut the government's oil export forecast in the next fiscal budget from 2.3 million to 1.5 million barrels a day, head of the energy committee of the Majlis Budget Integration…

As one of the most tumultuous years in oil’s history ends, a delicate task now confronts OPEC+. The alliance of producers led by Saudi Arabia and Russia must decide whether it can continue to…

The National Petrochemical Company has plans to lift added value and help curb oil export, director of projects at the NPC said. Nineteen projects will come on stream by the end of the next…

The state-run Iran Power Generation, Distribution and Transmission Company (Tavanir) says the national grid cannot take loads higher than 40 gigawatts in winter. Mostafa Rajabi Mashhadi, a…

South Pars Gas Field Phase 14 onshore refinery will go on stream by mid-2021, project manager of the phase said. “Units including steam boilers and gas condensates storage facilities have…

So long as cars can run on compressed natural gas, liquefied petroleum gas (LPG) should be used for more useful purposes, head of the Iran CNG Association said. “Iran has some of the world’s…

Iraq is still waiting for Iran to resume supplying the country with sufficient amounts of gas for power generation, after the US granted Baghdad a 90-day waiver to continue to import electricity…

Oil prices rose on Wednesday to their highest since February 2020 after Saudi Arabia agreed to reduce output more than expected in a meeting with allied producers, while industry figures showed…

With the launch of water supply projects to 137 villages in Markazi and Fars provinces on Tuesday, the number villages with piped water has surpassed 12,100, the energy minister said.

Work on boosting output from Azar joint oilfield in western Ilam Province will be complete soon, managing director of the Oil Industries Engineering and Construction Group said.

Oil prices held near 11-month highs on Friday and were on track for a strong weekly gain as Saudi Arabia’s pledge to cut output continued to buoy market sentiment. Brent crude climbed 13 cents…

Tehran wastewater network is 90% compete and will come online in 2022 to enhance water quality and quantity in the capital, executive director of the project said. “Of the 9,000 km wastewater…

The National Petrochemical Company has plans to develop the downstream industry, one of which is construction of propylene from propane units (known as propane dehydrogenation or PDH units) in…