Energy

Oil prices edged lower as industry data showed US crude stockpiles rose more than expected and on worries a rebound in Covid-19 cases in top importer China would hurt fuel demand. Brent crude…

Gas supply to power plants and major industries, including steel, cement and petrochemical plants, has set a record in the first half of the fall this year. On average, 236 million cubic meters…

The construction of the South Pars Gas Field’s last onshore refinery in Asalouyeh, Bushehr Province, is complete. Mohsen Khojastehmehr, managing director of the National Iranian Oil Company,…

Sina Energy Gostar Holding is planning to build a pipeline for the transfer of petroleum products with the help of a Russian company, managing director of the holding said.

Iran has 60 hydroelectric power plants that account for 90% of renewable energy generated across the country. Based on Energy Ministry’s data, Iran’s renewable energy output capacity stands at…

Construction work for building water storage reservoirs with a capacity of 55,000 cubic meters has started in Alborz Province, the head of the provincial water and wastewater company said.

Oil prices slid on Wednesday to extend falls from the previous session, as a big increase in US crude inventories and a slump in Chinese demand implied that global oil markets remain oversupplied…

As October drew to a close, the White House saw another potential energy flashpoint on the horizon. Diesel and heating oil inventories in the US Northeast were getting worryingly low, Bloomberg…

Only power plants located outside cities will be allowed to use mazut, if necessary in winter, the head of the Thermal Power Plants Holding Company’s Fuel Planning Office said.

The first phase of a water pipeline to supply people of Chabahar County in Sistan-Baluchestan Province with drinking water from a new desalination plant has registered 43% progress, managing…

To collect toxic emissions, the first and second stages of a plan to recover gasoline vapor have been implemented at 450 filling stations across the country, the head of Engineering Department…

To expedite development plans at the Isfahan Oil Refining Company in the central Isfahan Province, Bank Melli Iran, the biggest state-owned lender, has signed a contract with the company to fund…

Ghadir Petrochemical Company in Mahshahr, Khuzestan Province, has registered a record by increasing the production of polyvinyl chloride (PVC) by 25% in the first half of the current Iranian…

Iran’s petrochemical sector has developed exponentially over the last 40 years and its speed of expansion has been twofold higher than the global average, managing director of the National…

A new 400-kilovolt gas-powered substation is expected to become operational in Ahvaz soon, Khuzestan Steel Company's deputy for planning said. “The facility will help provide the much-needed…

About 4,000 liters per second of treated wastewater in Isfahan Province are supplied to industrial and agricultural sectors, said the director of Wastewater Technical Studies and Investigations…

Two gas projects have been launched in Sistan-Baluchestan Province and executive operations for two others were started on Thursday. Iranshahr-Palizan-Khash-Mirjaveh gas pipeline, 256…

To help complete the sulfur value chain in Shahid Hasheminejad Gas Processing Company in Khorasan Razavi Province, the installation of acid gases condensation tower was completed on Friday,…

Oil climbed on Friday as the dollar eased and supply risks lingered, while recession fears and China’s Covid outbreaks kept a check on prices. Brent crude futures were up $1.84, or 1.9%, to $96…

To help cut natural gas consumption as feedstock in power stations and fight the menace of air pollution, the efficiency of thermal power plants has been boosted by 3% over the last three years…

Water shortage is definitely Iran’s number one challenge and some parts of the country will face limited habitability unless adaptability measures are implemented without delay, the head of Iran…

The second refinery of South Pars Gas Complex (belonging to phases 2 and 3) increased its sweet gas and sulfur output in the first half of the current Iranian year (March-September) compared…

Oil prices rose more than 1% on Wednesday after industry data showed a surprise drop in US crude inventories, suggesting demand is holding up despite steep interest rate hikes dampening global…

Iran and Armenia signed a memorandum of understanding on Tuesday to extend a gas-for-power barter agreement until 2030. The MoU was signed in Tehran between Armenian Prime Minister Nikol…

An excess of supply in the oil market was the main reason for OPEC+ opting to cut production earlier this month, according to the group’s secretary-general. “We see a surplus in the fourth…