Energy

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…

Daily gas transmission capacity has reached 870 million cubic meters, managing director of the Iranian Gas Transmission Company said.

Iraqi Prime Minister Mustafa al-Kadhimi has appointed Mustafa Ghaleb as central bank governor and Salem Jawad Abdul Hadi Al-Jalabi as chairman of state-owned Trade Bank of Iraq. The…

So long as the Organization of the Petroleum Exporting Countries defends Iran’s legitimate interests alongside other members, Tehran will support the group, Iran's OPEC governor said.

President Hassan Rouhani on Wednesday declared victory against the United States ahead of Sept. 20, the date when the US claims international sanctions against Iran will be restored.

Completion of the second phase of a wastewater treatment plant in Tabriz, East Azarbaijan Province, will help supply four cubic meters of water per second to Lake Urmia or 125 million cubic…

While most power plants in Iran use gas to generate electricity, Bandar Abbas Thermal Power Station is among the few still using mazut as the main feedstock and is a major source of air…

The second gas unit of Qeshm Combined Cycle Power Plant in Qeshm Island, off the Persian Gulf, has come on stream. With a capacity of 170 megawatts, it was constructed by the private company…

It was meant to be the week when OPEC nations gathered in Baghdad to celebrate the organization’s six decades as a dominant force in global oil markets. Instead, OPEC and its allies will…

Oil prices rose on Monday as a tropical storm in the Gulf of Mexico forced companies to evacuate rigs and halt production, but gains were kept in check by wider concerns about excess supply and…

To help ease water shortages in southern Hormozgan Province, supply of desalinated water to small towns will increase by almost 30% or 40,000 cubic meters per day to reach 170,000 cm/d in…