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July 04,2020
OPEC slashed oil production to the lowest level since the Persian Gulf War in 1991, as it escalated efforts to revive global markets just as a resurgence of the coronavirus is threatening demand...
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July 04,2020
Demand growth for refined oil products will never return to the levels it reached before the coronavirus outbreak, Citigroup, an American multinational investment bank and financial services...
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July 04,2020
Routine maintenance of 84 thermal power plants has been completed with a 33-day delay, head of Technical Affairs Department of the Thermal Power Plants Holding Company said.
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July 04,2020
Iran has resumed gas exports to Turkey after Botas, the country's state oil and gas company, said it fixed the ruptured gas pipeline after 94 day, the head of National Iranian Gas Company's...
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July 03,2020
Crude prices fell on Friday as the resurgence of the coronavirus globally and in the United States, the world’s largest oil consumer, dimmed the prospects of fuel demand recovery.
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July 03,2020
Sharaf Shah Dam in Qasr-e-Shirin County, in Kermanshah Province, was launched Thursday.
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July 03,2020
To help boost renewables, close to 33 megawatts of electricity was added to green energy production, managing director of Renewable Energy and Energy Efficiency Organization (aka Satba) announced...
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July 03,2020
ExxonMobil may be set for its second consecutive loss in Q2 as the oil price collapse and weak refining margins will hit both the upstream and downstream divisions of the US supermajor.
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July 03,2020
To help stabilize power supply in the desert Yazd Province, a small-scale power plant with distributed generation system came online in Taft County, the head of small scale power projects in the...
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July 01,2020
To help address water shortages in Hormozgan Province, a water desalination unit is being completed in the village of Ziarat in the central district of Bandar Lengeh, managing director of the...
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July 01,2020
Royal Dutch Shell said it will write down between $15 billion and $22 billion in the second quarter, as the company gave investors a wider glimpse of just how severely the coronavirus crisis has...
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July 01,2020
Increasing the efficiency of power plants is one of the priorities of the Energy Ministry as construction of new power plants is much more expensive than raising the efficiency of the current...
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July 01,2020
Oil prices rose on Wednesday after an industry report showed crude inventories in the United States fell much more than expected, suggesting demand is improving even as the coronavirus outbreak...
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July 01,2020
Hydroelectric power plants generated over 10% of total electricity production in Iran as consumption continues to rise, said the deputy for operation affairs at Iran Water and Power Resources...
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June 30,2020
As OPEC and its allies make their deepest cuts yet to crude production, Norway’s giant Johan Sverdrup oil field is exporting more than ever before.
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June 30,2020
Studies are underway to redesign gas turbines in power plants so that gas condensate can be used as feedstock instead of natural gas, a deputy energy minister said.
“Our engineers and...
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June 30,2020
To reduce demand for fresh water in the arid province of Isfahan, an agreement was signed on Tuesday between the National Water and Wastewater Engineering Company of Iran (Abfa) and Isfahan Steel...
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June 30,2020
India, the third-biggest oil consumer, expects fuel demand to return to normal earlier than projections by the International Energy Agency and OPEC.
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June 29,2020
The International Court of Arbitration (ICA) announced its verdict over the Iran-Turkmenistan gas row.
IRNA said based on information from the Oil Ministry and the National Iranian Gas Company,...
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June 29,2020
Oil prices slid for a second straight session on Monday as coronavirus cases rose in the United States and other places, leading some countries to resume partial lockdowns that could hurt fuel...
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June 29,2020
Tehran Province Water and Wastewater Company plans to build wastewater treatment plants in some districts, the managing director said.
“A memorandum of understanding was signed with the Tehran...
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June 29,2020
A second wave of Covid-19 infections in China’s capital is threatening to depress the nation’s appetite for American oil just after a pick-up in purchases.
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June 28,2020
So long as electricity export is the exclusive premise of the Energy Ministry, the power industry will remain far on the periphery due to the obvious reluctance of private firms to get involved...
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June 28,2020
Construction of Jask Export Terminal has registered 40% progress, the oil minister said at the weekend.
“We hope the project will be completed by the end of the year (March 2021) so that exports...
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June 28,2020
Construction of Masjed Soleyman Petrochemical Company's ammonium and urea units in Khuzestan Province is almost over and will come online by the end of the current fiscal year (March 2021),...