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July 15,2023
Spot prices of Russia’s crude oil this week surpassed the $60-per-barrel threshold of the Group of Seven’s oil price cap scheme, as Moscow and Riyadh tighten supplies.
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July 15,2023
Evaporative coolers, also known as swamp coolers, account for a massive 43% of daily power consumption in Iran that has already surpassed 72 gigawatts, the head of Iran Grid Management Company, an...
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July 15,2023
A total of 250 projects worth $5 billion are underway to help expand water supply infrastructures across the nation, the head of Planning Department at the Iran Water Resources Management Company (...
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July 15,2023
US energy firms this week cut the number of oil and natural gas rigs operating for a 10th time in 11 weeks, energy services firm Baker Hughes said in its closely followed report on Friday.
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July 15,2023
OPEC oil producer Iraq intends to award a new project for the construction of a solar power plant with a generation capacity of 700 megawatts, the country’s Electricity Minister Ziyad Ali Fadel was...
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July 15,2023
The oil output of South Azadegan Oilfield has increased in the first quarter of the current Iranian year (March 21-June 21), the managing director of Arvandan Oil and Gas Company, as the operator...
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July 14,2023
The project to supply water to 10,000 villages without safe and sustainable drinking water across the country has registered about 30% progress in less than 15 months, according to the latest...
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July 14,2023
The latest industry analysis from Xeneta shows that CO2 emissions from the container industry fell during the first quarter of 2023 across 10 of the world’s busiest 13 ocean freight lanes.
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July 14,2023
Iran's Oil Pension Fund Investment Company will invest close to $2.5 billion in Dehloran Petrochemical Complex in the western Ilam Province to accelerate completion of value-chain projects in the...
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July 14,2023
Oil prices were set to register their third consecutive weekly gain for the first time since April, rising on Friday due to supply disruptions in Libya and Nigeria, and hopes of higher demand for...
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July 14,2023
The China Electricity Council predicted that the country’s power use, a key barometer of economic activity, will register stable growth in 2023 driven by the overall recovery of the country’s...
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July 14,2023
Iran’s current power demand of 72,000 megawatts will rise by 35,000 MW over the next five years, the head of the Planning Department in Iran's Thermal Power Plants Holding Company, a subsidiary of...
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July 12,2023
Top LNG traders Shell and BP have separately filed for arbitration against US exporter Venture Global LNG for failing to supply contracted cargoes, even as it sold to non-contract customers whens...
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July 12,2023
The average global land subsidence is two centimeters per year, but it is much higher in some parts of Iran, mainly due to the over-extraction of water from groundwater resources, especially in...
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July 12,2023
Shiraz Petrochemical Company in Fars Province is one of the frontrunners in implementing clean development mechanism (CDM) projects to reduce gas emissions, the managing director of the company...
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July 12,2023
Global demand for all forms of energy is forecast to rise by 23% through 2045, OPEC Secretary-General Haitham Al Ghais told a Nigerian oil and gas conference on Tuesday.
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July 12,2023
Hydrogen has the potential to decarbonize at least a third of the aviation sector, but is decades away from mass adoption, leaving the world dependent on sustainable aviation fuels to reach net-...
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July 12,2023
The executive operations of the second phase of the wastewater treatment plant of Babol and Amirkola cities in Mazandaran Province have started, the managing director of the provincial Water and...
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July 11,2023
Germany added a record 8 GW of solar and wind power capacity in the first six months of 2023, up around two-thirds year-on-year, think-tank IWR said, based on data from the BNEtzA registry.
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July 11,2023
In an effort to narrow down the growing gap between gasoline supply and demand, the National Iranian Oil Refining and Distribution Company and Iran’s major auto manufacturers Iran Khodro Company (...
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July 11,2023
Saudi Aramco has informed some clients in North Asia they will receive full nominated volumes of crude oil in August, several sources with knowledge of the matter said on Tuesday, while top buyer...
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July 11,2023
The electricity consumption record in Iran was broken once again this year, as different sectors on Monday used close to 72,500 megawatts, the spokesperson of the electricity industry said.
“Last...
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July 11,2023
Chinese cities have been raising residential gas prices in recent weeks, after Beijing launched a new mechanism linking retail residential gas prices with distributors' fuel purchasing costs, a...
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July 11,2023
The amount of precipitation in Iran from the beginning of the current water year (Sept. 23, 2022) to July 8 increased by 10% compared with the same period of the previous year.
In the nearly 10-...
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July 10,2023
The output of Bandar Abbas Power Plant in Hormozgan Province increased by 22% in the first 17 days of the summer season, managing director of the plant said.
“The power station generated 1,040...