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January 04,2022
Lavan Oil Refinery in southern Hormozgan Province has saved about $30 million by using indigenized parts and equipment manufactured by domestic companies instead of importing them, managing...
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January 04,2022
Heavy rainfall in the southern provinces in the past few days has damaged houses, bridges and power/water infrastructure, flooded streets and displaced people.
In the past three days, Konarak,...
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January 03,2022
Arvand Petrochemical Company in Mahshahr, Khuzestan Province, has increased its sales by 300% in the first nine months of the current Iranian year (March 2021-22) compared with the same period of...
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January 03,2022
Over $100 million have been earmarked in the budget bill approved for the next Iranian year (March 2022-23) for the expansion of renewable energy in Iran, the energy minister said.
“This is an...
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January 03,2022
Oil prices firmed on Monday as the market kicked off 2022 on a positive note with suppliers in focus ahead of Tuesday's OPEC+ meeting, although surging Covid-19 cases continued to dent demand...
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January 03,2022
The quality of piped water in Tehran is monitored with the help of 400 online systems, all of which comply with the World Health Organization standards, the head of Quality Control Department in...
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January 03,2022
A gas leakage in the offshore pipeline that links the first deck of Phase 16 (SPD 16A) of South Pars Gas Field in the Persian Gulf to onshore gas refining facilities has caused operations in the...
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January 03,2022
The natural gas swap deal between Iran and Turkmenistan has become operational.
Iran’s Oil Ministry has announced that the gas swap agreement for up to 2 billion cubic meters per year took effect...
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January 03,2022
The project to transfer water from Kouchari Dam in the central Isfahan Province to Saveh County in Markazi Province is expected to be completed within two years, the representative of Saveh and...
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January 01,2022
Exports of Bu Ali Sina Petrochemical Company in Mahshahr, Khuzestan Province, are expected to reach $1 billion by the end of the current Iranian year (March 2022), managing director of the company...
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January 01,2022
Importing water from neighboring states, such as Tajikistan and Afghanistan, is neither logical nor feasible to address the water shortage in drought-stricken regions of the central plateau,...
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January 01,2022
The nationwide project to overhaul hydroelectric power plants and improve power output is on track and close to 5,000 megawatts of electricity have been added to the national grid, the head of...
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January 01,2022
In the month since OPEC and its allies last met and affirmed plans to keep hiking oil production in January, Dated Brent has risen almost 10%.
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December 31,2021
Petrochemical production capacity is expected to reach 130 million tons in four years, managing director of Iran's Petrochemical Special Economic Zone (Petzone) Organization said.
Emphasizing that...
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December 31,2021
Power plants in Markazi and Semnan provinces are adding new units to increase their electricity generation capacity and a power station in under construction in Kerman Province, managing director...
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December 31,2021
The 17th Kish International Energy Exhibition (Kish ENEX) will be held on Kish Island from Jan. 17-20, 2022.
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December 29,2021
The transfer of desalinated water from the Persian Gulf to drought-stricken Kerman and Yazd provinces will cost 150,000 rials (50 cents) per cubic meter, a senior consultant of the Energy Ministry...
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December 29,2021
Oil prices edged higher on Wednesday after rallying overnight as industry data showed a decline in US inventories, boosting demand sentiment.
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December 29,2021
With the synchronization of the second steam unit of the Urmia Combined Cycle Power Station with the grid, the capacity of Iran's thermal power plants has reached 70,000 megawatts, the head of Iran...
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December 29,2021
Tapping into the huge helium reserves in the giant South Pars Gas Field off the Persian Gulf is on the Oil Ministry’s agenda and operations will start in the near future.
Mohsen Khojastehmehr,...
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December 28,2021
The development of South Azadegan Oilfield in Khuzestan Province is expected to be completed in 2023, managing director of the National Iranian Oil Company said.
“Upon the project’s completion,...
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December 28,2021
The second steam unit of Urmia Power Plant in West Azarbaijan Province was connected to the national power grid on Tuesday, Thermal Power Plants Holding Company’s director for planning said.
“The...
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December 28,2021
A project to collect 405 million cubic meters of associated petroleum gas per year from Maroun 3, Maroun 6 and Mansouri oilfields was unveiled on Sunday.
The project will be carried out with a...
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December 27,2021
The government pays $200 million annually in hidden subsidies to water subscribers nationwide, managing director of the state-owned Water and Wastewater Engineering Company of Iran (Abfa) said.
“...
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December 27,2021
A project to recover valuable products from refinery off-gases emitted in the process of gasoline production is being implemented at the Isfahan Oil Refining Company in the namesake province, the...