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January 01,2020
Oil prices fell 1% on Tuesday, the last trading day of the decade, but notched the biggest annual gain in three years, supported by a thaw in the prolonged US-China trade war and ongoing supply...
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December 31,2019
Based on the March 2020-21 budget bill, close to $160 million will be allocated to dam construction in the next Iranian year.
This the amount, five times bigger than the Department of Environment'...
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December 30,2019
Annual petrochemical revenues are expected to reach $25 billion in 2021.
President Hassan Rouhani announced this on Monday addressing investors and businesses involved in the petrochemical...
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December 30,2019
Oil prices held on to three-month high on Monday, underpinned by optimism over an expected China-US trade deal and upbeat industrial data, while traders kept a close watch on the Middle East...
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December 30,2019
Construction of Bid Boland Gas Refinery in Khuzestan Province is almost complete and is expected to go on stream by the end of winter or early spring, the managing director said.
“The mega project...
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December 30,2019
Water is like a double-edged sword that can be a catalyst for peace, help countries build cordial ties and settle differences, but also can create conflicts leading to war.
Energy Minister Reza...
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December 29,2019
Iran has 37,000 kilometers of high-pressure gas pipelines and more than 2,000 trucks to transport CNG, a large part of which need renovation, the manager for operations coordination at the Iranian...
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December 29,2019
Iran's shipping fleet cannot get services (like bunkering) in international waters and ports from Jan 1 because the vessels have not been able to conform with the International Maritime...
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December 29,2019
The plan to supply water from the Oman Sea in south Iran to three eastern provinces will begin in February, deputy director of Khorasan Razavi Regional Water Company said.
“An estimated 750...
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December 28,2019
The plan to transfer water from the Caspian Sea to the drought-hit Semnan Province will not see the light of day in the near future, not due to ecological concerns but because it is economically...
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December 28,2019
Iran has enough potential to produce higher amounts of electricity from renewable sources while the current power output from it is less than 1,000 MW, vice president of Iran Electrical Industry...
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December 27,2019
In the framework of commitments to help protect the environment, an estimated 400,000 cubic meters of associated petroleum gas will be collected from Sa’adatabad Oil Field in Fars Province on a...
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December 27,2019
Oil prices rose on Friday, hitting three-month highs after data showed record online spending by US consumers even before the hoped-for end to the trade war between Washington and Beijing.
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December 27,2019
With less than a week to go before the implementation of global low sulfur regime for bunker fuels, a large number of ship owners in the race to be compliant are offloading the ineligible grades,...
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December 27,2019
Construction of 11 inflatable rubber dams is underway in the northern province of Gilan to help the region's agriculture, the Energy Minister said Thursday.
Speaking at the inauguration of Galesh...
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December 27,2019
To boost output from the South Pars Gas Field, the third offshore deck of Phase 14 started natural gas production on Friday, the development manager said.
“The new platform (14B) has added 14...
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December 27,2019
The Organization of the Petroleum Exporting Counters and its allies, known as OPEC+, may consider wrapping up their oil output reduction in 2020, Russian Energy Minister Alexander Novak said on...
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December 25,2019
Producing clean energy has helped reduce greenhouse gases by as much as 3,000 tons over the past eight months.
Renewable energy sources in Iran (solar and wind power plants) generated over 350...
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December 25,2019
The National Iranian Gas Company is to invest $1.5 billion to complete the national gas grid in Sistan-Baluchestan Province, the managing director said.
“Infrastructure is more than 76% complete...
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December 24,2019
Energy Minister Reza Ardakanian says enhancing water efficiency by 10% can go a long way in saving the rapidly shrinking precious resource.
“So long as old irrigation practices continue and...
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December 24,2019
The Energy Ministry has 46 power, water and wastewater projects in cities and villages of Khorasan Razavi Province, the minister said Monday.
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December 24,2019
Unprecedented volatility in the currency market over the last 15 months is adding financial pressure on private electricity producers and most are on the verge of bankruptcy, head of the board of...
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December 24,2019
Gasoline consumption in the eighth fiscal month that ended on December 22 was 75 million liters per day, data released by the National Iranian Oil Products Distribution Company show.
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December 23,2019
The Tehran government’s protestations about fuel smuggling from the eastern and southern borders have become a permanent feature. So has the inability and unwillingness of those in charge to put an...
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December 23,2019
Over 1,400 kilometers of rivers have been dredged since the beginning of the fiscal year in March to help prevent potential flooding, the managing director of Iran Water Resources Management...