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August 12,2019
Oil, gas and petrochemical projects, valued at more than $859 billion, are either underway or planned in the Middle East and North Africa, MENA, of which $283 billion are being implemented, as the...
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August 12,2019
The National Iranian South Oil Company has signed contracts with Maroun Petrochemical Company in Mahshahr and Persian Gulf Petrochemical Industries Company (PGPIC) to capture flare gas from...
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August 12,2019
Oil prices fell on Monday amid worries about an economic slowdown and the US-China trade war, which have led to a cut in the outlook for global oil demand.
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August 12,2019
Natural gas production capacity has reached 810 million cubic meters per day, director of dispatching at the National Iranian Gas Company said.
“This volume, which equals 5 million barrels of...
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August 10,2019
Solar power production in central Yazd Province will reach 100 megawatts by the end of this fiscal year in March, managing director of Yazd Regional Electricity Company said.
“There are seven...
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August 10,2019
Although peak electricity demand hour growth soared by 5% on average between 2008 and 2018, the figure has barely risen by 1% in the past two months compared to the average of the last ten years,...
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August 10,2019
Two Turkish drill ships are continuing operations in the eastern Mediterranean and another ship will join them this month, Energy Minister Fatih Donmez said, as a dispute over natural resources...
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August 10,2019
The unilateral US sanctions on Iran have not affected relations between Iraq and Iran, as trade ties in key sectors between the two neighbors continue as usual, Iraq's ambassador to Tehran said.
“...
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August 09,2019
Iraq is close to reaching a deal with oil majors BP and Eni for an export pipeline project that was initially planned as part of a mega-deal with US energy giant ExxonMobil, according to five...
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August 09,2019
Followed by Qatar, Israel and Lebanon, Iran is ranked 4th on the list of countries with extremely high water risk.
The Tehran-based Persian-language economic newspaper Donya-e-Eqtesad, a sister...
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August 09,2019
The International Energy Agency cut its global oil demand growth forecasts for this year and next on Friday, citing fears of an economic downturn as the US-China trade war casts a shadow over...
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August 09,2019
Natural gas grid in western Kurdistan Province has expanded 300 kilometers over the past five months, managing director of the provincial gas company said.
"Of the total extension, 120 kilometers...
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August 07,2019
An estimated 21 million people live in rural areas in Iran and less than 100,000 do not have access to electricity.
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August 07,2019
Water supply infrastructure is expanding in Yazd Province and $5 million was invested in new projects, managing director of the provincial Water and Wastewater Company said Tuesday.
"Thirty water...
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August 07,2019
Studies are being undertaken for laying a pipeline to connect Kish Gas Field to refineries in South Pars Gas Field and Fajr Jam Gas Refinery in Bushehr Province, managing director of Pars Oil and...
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August 06,2019
Despite the fact that electricity consumption growth shot up by 2.5% in 2018 compared to the year earlier, it fell by 2.6% in comparison with the average of the last ten years.
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August 06,2019
To boost production in the giant South Pars Gas Field in the Persian Gulf, stability of the gas grid will be raised by the end of this fiscal year in March 2020), managing director of the National...
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August 06,2019
Brent crude rose on Tuesday, after earlier falling to its lowest since January, as traders betting on falling prices bought back contracts to lock in profits from recent declines caused by the...
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August 06,2019
The second development phase of Bandar Abbas water desalination unit will be completed in September, Bandar Abbas governor in Hormozgan Province said.
"Its capacity will double and reach 40,000...
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August 05,2019
The project to supply water to Kerman City, in southern Kerman Province, will be completed in two months, the managing director of the National Water and Wastewater Engineering Company said.
“...
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August 05,2019
An estimated 4,500 energy-intensive agricultural units and households have been equipped with smart electricity meters (known as Faham in Persian) in the mountainous province of Kordestan, head of...
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August 05,2019
Petroleum Development Oman, the largest oil and condensate producer in the sultanate, is on track to increase its output capacity by more than 10% to top 670,000 bpd in five years as it ramps up...
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August 05,2019
A water treatment plant with a capacity of 1,200 cubic meters opened in underdeveloped Sarfaryab District in Charam County, Kohkilouyeh-Boyer-Ahmad Province, managing director of the provincial...
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August 04,2019
Power outages during peak hours declined by 98% since March to July compared to the same period last year, the Energy Ministry’s spokesman for the power department said.
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August 04,2019
The National Iranian Oil Company Exploration Directorate signed four research contracts with universities and knowledge-based companies in Mashhad, Khorasan Razavi Province.
The weekend...