Energy

Oil fell below $19 per barrel in New York after a wave of gloomy demand forecasts and a cratering physical market outweighed an unprecedented deal to cut output. China’s economy suffered a…

An estimated 2,100 kilometers of rivers and canals have been dredged in deluge-prone regions since March 2019 to prevent and reduce floodwater damage. According to the Energy Ministry’s news…

A Saudi Arabian oil official on Saturday refuted the conclusion of an analytics firm that the country’s oil exports to the US dramatically increased in the last month.

OPEC expects demand for its crude will fall to the lowest in three decades as the coronavirus outbreak freezes the global economy, underscoring the urgency of its promised production cuts.

The third steam unit of Parand Combined-Cycle Power Plant in south Tehran was connected to the national power network on Thursday, raising total production capacity to 83,800 megawatts, deputy…

Hook up operations on offshore decks of phase 13 (SPD 13A and 13C) of South Pars Gas Field in the Persian Gulf have been delayed due to problems created by the coronavirus, managing director of…

There is currently no evidence that the coronavirus can penetrate and infect underground water resources, director of the Tehran-based National Water and Wastewater Engineering Company of Iran (…

President Hassan Rouhani will open three wastewater treatment plants in southwest and west of Tehran Province via video conference this week.  Built at a cost of $30 million, the projects…

Export of oil, gas and petrochemicals, which were suspended temporarily in March due to outbreak of the novel coronavirus, has resumed as before the respiratory illness struck, a spokesperson…

Oil prices rose more than 1% on Tuesday after the main US energy forecasting agency predicted shale output in the world’s biggest crude producer would fall by the most on record in April, adding…

Heavy rainfall since the beginning of the current water year last September and especially in the past several days has increased the volume of water stored in dams.

With the coronavirus choking fuel demand and the world awash in surplus crude, even the Middle East’s main oil-trading hub has run out of room to store unwanted barrels.

Routine overhaul of thermal power plants has not been impeded by the coronavirus outbreak and projects are on schedule, the Thermal Power Plants Holding Company deputy for renovation affairs…

Oil prices rose on Monday after major producers finally agreed their biggest-ever output cut, but gains were capped amid concern that it will not be enough to head off oversupply with the…

The Goureh-Jask crude oil pipeline project has not been hurt by the spread of the novel coronavirus and operations are ongoing, said the managing director of the Petroleum Engineering and…

Iran’s petrochemical industry is on the frontline of fighting the coronavirus since the past two months, taking measures to help prevent and control the novel virus.

Republican US senators from oil states who recently introduced legislation to remove American troops from Saudi Arabia said on Saturday they had spoken with three officials from the kingdom and…

The flow of Iranian natural gas to Turkey that was disrupted 14 day ago (due to a pipeline explosion) has not resumed, director of dispatching at the National Iranian Gas Company said.

The pace at which groundwater resources are depleting has become a serious source of concern and a preventive measure crucial in this regard should be battling illegal water wells. 

Raising electricity export is important because it helps ensure security (near the borders) and begets Iran higher bargaining power in negotiations in regional and international trade, vice…

The president of Mexico -- the lone holdout in an OPEC deal to cut crude production and shore up prices -- said Friday that he has reached a deal with the US president to reduce oil output.…

Protecting the environment is a priority for Shahid Tondgooyan Petrochemical Company in southwest Iran, the managing director said. Although increasing output is important, saving water and…

A historic production cut agreement between OPEC and its allies, known as OPEC+, hit a roadblock after Mexico refused to agree to its share of the cuts after a marathon meeting between the oil-…

Declining Caspian Sea levels (1.5 meters since 1995) has exacerbated loss of territorial waters in Iran, the operator of an international plan to monitor variations in the Caspian Sea water…

Saudi Arabia, Russia and other large oil producers are racing to negotiate a deal to stem the historic price crash as diplomats said some progress was made on Sunday.