Energy

  • Iran’s power industry has not developed as would have been expected in the last eight years, head of the Federation of Iranian Energy Exports Industries said. “Close to 4,000 megawatts were…

  • Demand for gasoline fell by 24% between May and August compared to the corresponding period last year, head of the Gasoline Station Owners' Association (GSOA) said. “Gasoline consumption…

  • The first steam unit of Urmia Power Plant in Urmia in West Azarbaijan Province is to come online on Tuesday. With a capacity of 160 megawatts, the unit was cost $150 million, the Energy…

  • Oil prices dipped on Monday as rising coronavirus cases upset hopes for a smooth recovery in fuel demand, with the main crude benchmarks on track for their first monthly falls in multiple months…

  • Covid-19 pandemic has raised natural gas consumption in the household sector by 30 million cubic meters per day over the past six months compared to a year ago, head of the National Iranian Gas…

  • Natural gas stored in the two underground storage facilities in Sarajeh and Shourijeh increased in the first half of the current year (March 20-Sep 21) compared to the same period last year,…

  • Power consumption of industries has increased by 12% since the beginning of the current fiscal in March compared to a year ago, but the rise has not transformed into decent productivity growth,…

  • Petrochemical Research and Technology Company has been granted a patent from the European Union for developing technology to convert methanol to propylene (MTP), the managing director said.

  • The widening gap between what consumers pay and the final cost of water treatment and supply has pushed the state-owned Tehran Province Water and Wastewater Company (Abfa) into the red to the…

  • The 11th virtual meeting of the Regional Centre for Urban Water Management governing board was held Sep 23 with 53 participants from 16 countries and 10 international organizations to discuss…

  • Petrochemical companies in Iran produced 30 million tons in the last fiscal that ended in March, of which 22 million tons were sold in global markets, managing director of National Petrochemical…

  • Oil prices edged higher on Friday but were set for a weekly decline due to mounting worries about the impact on fuel demand of a widespread resurgence in coronavirus infections, as well as some…

  • Potable water consumption in Tehran Province jumped to 626 million cubic meters in the last water year that ended on Sep 22, managing director of Tehran Regional Water Company said. “This was…

  • A deputy energy minister has expressed the hope that Iran and Afghanistan would expand cooperation in all areas of trade, transit, and electricity. Homayoun Haeri said this in a meeting with…

  • On average 50 billion cubic meters of water is extracted from almost 500,000 authorized wells per year, resulting in huge water deficits in most plains, director of the National Water and…

  • A new contractor has been appointed by Russia for the construction of a 1400-megawatt Power Plant in Sirik County, Hormozgan Province, the energy minister said in Tehran said Tuesday without…

  • The National Iranian Oil Company has signed contracts with 13 top universities for oil and gas discovery. The contracts were signed in the presence of Bijan Namdar Zanganeh, the oil minister,…

  • A nationwide plan for converting 1.4 million gasoline-powered public transport vehicles and private cars to CNG hybrids has gained impetus. Close to 200 conversion centers in 25 provinces are…

  • Chloran Chemical Company has indigenized one of the most widely used materials needed for water and wastewater treatment. "Calcium hypochlorite is widely used in the purification of water and…

  • Nematabad Dam in Hamedan Province was launched Sunday along with other water projects. The dam cost of $3.2 million and holds 4.6 million cubic meters of water that is to be used largely for…

  • Construction of the BZN2 catalyst unit in Kermanshah Polymer Complex in western Kermanshah Province started on Saturday. The unit is expected to be completed next year and produce 50 tons of…

  • The number of out-of-service fuel nozzles which cannot be repaired is increasing, head of Gasoline Station Owners' Association (GSOA) said. “Many filling stations are facing serious problems as…

  • The number of gas meters in the household sector grew by 45% (1 million) in the past eight years in Tehran Province alone, head of the provincial Gas Company said. “Household gas subscribers in…

  • Crude oil future prices ticked higher during the mid-morning trade in Asia Friday, as the markets continued to price in a commitment from the OPEC to ensure that the members adhere to the…

  • Low power tariffs and the volatile currency market have put private electricity producers under mounting financial pressure, head of the board of directors of the Power Generation Companies…