Energy

  • Concurrent with the final construction phase of Azad Dam in Kurdistan Province, executive operations for transferring water from the dam to Sanandaj Water Treatment Plant will start by the end…

  • Construction of a loading pier for LPG export, at Tombak Port, approximately 50 kilometers north of the port of Asalouyeh in Bushehr Province, is almost complete, managing director of Pars Oil…

  • The gas unit of Hengam Power Plant in Bandar Abbas, southern  Hormozgan Province, the first of its kind in the country to have an indigenized F-class gas turbine, has started operation,…

  • With the completion of 40 rural water supply projects in Markazi Province, water problems in 74 villages with 300,000 people have been resolved, managing director of the provincial Water and…

  • In the first seven months of the Iranian calendar year (ends in March) more than $1.4 billion worth of gasoline was exported to Iraqi Kurdistan, Afghanistan, Pakistan, Armenia and some African…

  • Twenty six power and water projects were officially inaugurated in four provinces on Thursday. Costing over $100 million, four were in West Azarbaijan in the northwest, nine in Isfahan, 10 in…

  • The National Iranian Drilling Company, a subsidiary of National Iranian Oil Company, undertakes most drilling operations in the country and drilled 4,724 onshore and offshore oil and gas wells…

  • Oil gained ground on Wednesday on the back of a weaker dollar, a decline in US crude oil inventories and as Britain approved another coronavirus vaccine, but both benchmark contracts were set to…

  • According to the Climate Change Performance Index, Iran is third out of 61 countries that had the worst performance in fighting global warming in 2020. Placed 59th, Iran is among the worst…

  • The LNG market enters 2021 with reports of a South Korean company planning to use LNG-cooled warehouses for bulk storage of Covid-19 vaccines as conventional cold distribution chains could be…

  • Kavian Petrochemical Company in the Pars Special Economic Energy Zone in Asalouyeh, Bushehr Province, is the main injector of ethylene to the West Ethylene Pipeline and plays an important role…

  • Watershed management projects have been carried out for almost one million hectares in 10 flood producing provinces in 12 months, head of Flood Control and Watershed Management Department at the…

  • Energy Minister Reza Ardakanian held talks with Iraqi officials in Baghdad on Tuesday including the Minister of Electricity Majid Mahdi Hantoush. 

  • Oil prices edged higher on Monday after Donald Trump, the embattled outgoing US president, signed a $2.3 trillion coronavirus aid and spending package, although lingering worries about near-term…

  • The idea of a pipeline stretching from Iran's gas-rich southern regions to Pakistan was an imprudent decision from the outset as most gas-based industries in Pakistan are located in the east of…

  • The Ministry of Energy owes $80 million to combined heat and power plants this year, the head of Iran CHP Association said. Small-scale power plants are among the cheapest sources of…

  • Construction of two power plants with total 1,000 MW capacity is set to begin in Khuzestan and Khorasan Razavi provinces in February, the Energy Ministry news portal Paven reported. A 546 MW…

  • Petrochemical revenue from exports and domestic sales in seven years exceeded $110 billion, secretary general of Iran's Association of Petrochemical Industry Corporation (APIC) said.  “Of…

  • Iran and Armenia explored grounds to boost collaboration in energy projects in a meeting between Deputy Oil Minister Amir-Hussein Zamaninia and Deputy Minister of Territorial Administration and…

  • Russia expects to support an increase in oil production by the group, known as OPEC+, of another 500,000 barrels per day from February at next month’s summit of the leading global oil producers…

  • The coronavirus outbreak has forced some businesses to close and reduced working hours in many organizations and companies across the board.  Lockdowns have led to a reduction in traffic…

  • Water stored water in dams around the catchment area of Lake Urmia has decreased by 30% compared to last year, managing director of West Azarbaijan Regional Water Company said.

  • Three petrochemical plants costing $1.1 billion were launched in the western provinces on Thursday. The projects include olefin unit and sulfur recovery unit of Ilam Petrochemical Plant in Ilam…

  • Iran and Azerbaijan finalized an agreement to build a hydroelectric power plant on the joint Khoda-Afarin dam on the Aras River straddling the joint border.

  • The level of groundwater resources in Semnan Province on average drops annually by 60 centimeters posing an existential threat to the water resources of the province, managing director of the…