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August 04,2019
Power outages during peak hours declined by 98% since March to July compared to the same period last year, the Energy Ministry’s spokesman for the power department said.
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August 03,2019
Hydropower production in the first quarter (March 21-June 20) of the current fiscal year has increased 415% compared to the same period last year.
While hydroelectric power plants across the...
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August 03,2019
The world’s biggest oil companies have been steadily shifting investments toward natural gas, driven by an emerging globally traded market and environmental concerns. But right now they are taking...
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August 02,2019
Thirty-five projects, worth of $1 billion were launched in East Azarbaijan Province Thursday.
Power production capacity has reached 81,700 megawatts from 62,000 MW six years ago, President Hassan...
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August 02,2019
The National Iranian Gas Company filed a lawsuit against Turkmengaz, the national gas company of Turkmenistan, last year in the International Court of Arbitration.
Despite rumors in sections of...
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August 02,2019
To complete development project in Phase 13 of South Pars Gas Field, loading operations for the field's tripod for flare stack 'A' to be transferred and installed in the Persian Gulf were carried...
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July 31,2019
India imported in June the highest volume of Venezuelan crude in 21 months, more than double the amount from May and more than 50% higher than in June 2018, Reuters reported on Monday, citing data...
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July 31,2019
An estimated 1,260 villages in Sistan-Baluchistan Province lack piped water, director of the provincial regional water company said.
“Close to 251,000 rural people are being supplied with safe...
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July 31,2019
A sharp recovery in oil product margins over July may lead Saudi Aramco and Iraq's SOMO to tone down the extent of price cuts on crude oil headed to Asia in September, a survey of market...
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July 31,2019
Power wastage in the national electricity grid declined from 15.2% to 11.1% between 2013 and 2018. Nonetheless, Iran is still among countries in which massive amounts of power is wasted.
If the...
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July 31,2019
A new small-scale power plant with distributed generation system has joined the national grid in Abarkouh County, Yazd Province on Wednesday, managing director of the provincial electricity...
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July 30,2019
The National Iranian Drilling Company has drilled and repaired 51 onshore and offshore oil and gas wells since the beginning of the current fiscal in March, the company’s deputy managing director...
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July 30,2019
Iran has acquired the know-how to repair Siemens gas turbines and local engineers can now carry out all the maintenance work of the turbines, head of the National Iranian Gas Transmission Company...
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July 30,2019
Construction of a 1,100km 42-inch diameter pipeline to transfer crude oil to the southeastern port of Jask in Hormozgan Province is going ahead as planned, managing director of the Petroleum...
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July 30,2019
A new gas unit in Tarasht Thermal Power Plant west of Tehran came on line Monday, managing director of Iran's Thermal Power Plants Holding Company said.
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July 29,2019
To increase the share of value-added exports, the National Petrochemical Company’s propylene output is expected to increase by 3 million tons or 300% over the next five years, the head of the...
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July 29,2019
Iran's declared policy regarding trans-border rivers and shared water resources is to interact with neighbors within the framework of bilateral agreements and build technical and diplomatic...
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July 29,2019
Private companies account for 67% of Iran's total thermal power output.
Iranian firms in the private sector produce at least 44,000 megawatts of thermal power per annum, whereas state-run...
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July 29,2019
Oil prices fell on Monday as investors fretted over the outlook for global economic growth, while weekend talks between Iran and major powers ended on a generally positive note, suggesting an...
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July 28,2019
All industrial units are expected to be connected to the national gas grid by the end of 2021, head of the National Iranian Gas Company said Saturday.
"There are close to 102,000 industrial units...
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July 28,2019
Expediting the construction of wastewater treatment plants in Tehran is on the agenda of Tehran Province Water and Wastewater Company, the managing director said.
Pipe-laying operations have been...
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July 28,2019
New oil and gas projects cannot be developed under sanctions unless new contracts are designed, a senior energy analyst and former head of Iran's Petroleum Contracts Committee said.
"Under the...
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July 27,2019
The Trump administration on Friday renewed Chevron Corp’s license for three months to drill for oil in Venezuela despite sanctions, a compromise between officials seeking maximum pressure to oust...
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July 27,2019
In the past six years, 39 desalination units with a capacity of approximately 174,000 cubic meters per day (63.7 million cubic meters a year), are operating mostly in the southern coasts.
Sixty...
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July 27,2019
Gas has an important role to play in the global energy transition, according to the head of EMEA natural resources research at Goldman Sachs.