Energy

Export of petrochemicals increased 5% in the first ten months of this year (March 2019-Feb 2020) compared to the same period last year, a spokesman of the Iranian Oil, Gas and Petrochemical…

OPEC could deliver a larger-than-expected production cut at its meeting later this week, according to MUFG Bank. Oil prices have been under pressure since the outbreak of the coronavirus in…

After torrential rains in Tehran last week, potable water in Karaj and Latyan Dams became terribly muddy and water treatment plants stopped working for 14 hours, managing director of Tehran…

Oil prices rebounded more than $1 a barrel after earlier hitting multi-year lows on Monday, as hopes of a deeper cut in output by OPEC and stimulus from central banks countered worries about…

With the viral outbreak spreading to more cities in Iran, the demand for gasoline has been dropping over the last two weeks, head of the Planning Department of the National Iranian Oil Refining…

Petrochemical companies and chemical manufactures in Iran have raised output of javel water, medical alcohol and antiseptic solutions to degrade and defeat the deadly coronavirus. Karoun…

Raising gas production at Aghar Gas Field by 20 million cubic meters per day is on the agenda of Iranian Central Oil Fields Company, a subsidiary of the National Iranian Oil Company, the…

The Smart Metering Program (known as Faham in Persian) aimed at digitizing the national power grid and  provide subscribers with detailed feedback regarding electricity use, helped save 1,…

Tehran Province Water and Wastewater Company (Abfa) said in a statement on Saturday that water consumption in the capital has increased dramatically in the past 10 days and appealed to Tehran…

Export of petroleum products including mazut, diesel and gasoline has hit a trough over the past few days, spokesman of the Petroleum Products Exporters Union said. “Domestic demand for oil…

South Khorasan governor says 10,000 solar panels will be distributed among nomads in the province. “South Khorasan nomads are a productive and influential community in the provincial economy.…

Higher precipitation in recent days has not defused Tehran’s water crisis that continues to worsen, head of the Base Studies Department in the provincial water company said. “Average rainfall…

Oil prices slumped to their lowest in more than a year on Friday and were set for their steepest weekly fall in more than four years as the spread of the coronavirus stokes fears of slowing…

Given the highly contentious policy of subsidizing fossil fuels, clean energy will not get the voice and space it deserves, a board member of Iran Renewable Energy Association (IrREA) said.

Crude oil prices gave up early gains and slid for a fourth day on Wednesday as fears of a coronavirus pandemic deepened as the outbreak spread in several countries outside China. Brent crude…

Gazprom Neft CEO Alexander Dyukov said Wednesday the OPEC+ group of oil producers should respond to the impact of the coronavirus outbreak but decide on quotas later on.

Power plants in Gilan Province generated 12.5 million megawatt hours of electricity since March 2019, of which 53% was diverted to the neighboring provinces, head of the provincial power company…

Heavy rains that began Monday have led to flash floods in the west and southwest of Iran, causing damage to infrastructure in some provinces. In western Lorestan Province, 37 villages are…

Global demand for LNG grew by 12.5% to 359 million tons in 2019, according to Royal Dutch Shell’s latest annual LNG Outlook, bolstering LNG’s growing role in the transition to a lower-carbon…

Gas delivery to thermal power plants has soared by 200% over the last few days, rising from 40 million cubic meters per day to 120 mcm/d, dispatching director of National Iranian Gas Company…

Restoration of the damaged facilities in Bu Ali Sina Petrochemical Complex in Mahshahr City, Khuzestan Province, which caught fire over three years ago, has started, the Managing Director…

The platform jacket for the Phase 11 of South Pars Gas Field is ready in Qeshm Island and will be installed on its location in the Persian Gulf before the current Iranian year is out (March 19…

Oil prices tumbled nearly 3% towards a one-week low on Monday as the rapid spread of the coronavirus in several countries outside China left investors fretting about a hit to demand. Global…

Diverting water from the Caspian Sea or Sea of Oman to the drought-stricken provinces cannot curb the growing menace of land subsidence so long as extraction from underground water resources…

Underground water resources are depleting at unprecedented speed in Yazd Province, head of the provincial company said. “Underground water level is falling by 45 centimeters per year,” Mohammad…