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September 12,2020
Three petrochemical projects became operational in the past week and will help complete the value chain of the key industry as the country gradually moves away from an oil economy to exporting...
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September 12,2020
Despite the huge oil and gas resources in Asalouyeh County in Bushehr Province, local residents suffer from major problems, namely water shortages and air pollution.
For years water in summer is...
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September 11,2020
A study on the synchronization of Iran’s and Russian electricity networks is to be completed in the next few months and if all goes well executive operation will begin, the energy minister said...
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September 11,2020
Oil prices fell for a second day on Friday, pressured by a surprise rise in US stockpiles as the coronavirus pandemic continues to erode demand for fuels.
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September 11,2020
The first phase of a gas condensate loading and export facility became operational on Thursday in Dayrestan, a village in Shahab District, Qeshm Island in Hormozgan Province.
The terminal has six...
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September 09,2020
South Pars Gas Complex produces 650,000 barrels of gas condensates per day, a major part (500,000 barrels) of which is piped to the Persian Gulf Star Refinery in Hormozgan Province to be converted...
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September 09,2020
The first phase of a project to transfer water from the Persian Gulf to Kerman and Yazd provinces will be launched in October, thanks to the concerted efforts of private and state companies,...
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September 09,2020
Oil futures clawed back some of the losses they sustained in the previous session, but a rebound in Covid-19 cases in some countries undermined hopes for a steady recovery in global demand.
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September 08,2020
Iran's petrochemical industry is moving ahead as data show an upswing in production in recent months from last year's corresponding period, director of production control department at the National...
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September 08,2020
With piped gas supply to 116 villages in Isfahan Province in the last seven years, the majority of its rural population now have access to stable gas supplies.
More than 26,000 kilometers of gas...
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September 07,2020
Oil prices dropped more than 1% on Monday after earlier hitting their lowest since July as Saudi Arabia made the deepest monthly price cuts for supply to Asia in five months while optimism about...
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September 07,2020
Two solar farms and two small-scale power stations were inaugurated in Yazd Province on Monday.
A 5 megawatt farm came online in Nir, a town in Taft County, and a 10 MW photovoltaic power center...
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September 07,2020
Supplying natural gas, instead diesel and mazut, to power plants, has doubled to 200 million cubic meters per day since 2013, the National Iranian Gas Company chief said.
“Natural gas accounted...
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September 06,2020
Construction of Iran’s largest solar farm has begun in the north of Fars Province, the governor said.
“The project is being carried out by Merat International Group in cooperation with foreign...
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September 06,2020
Free or subsidized electricity cannot help tackle the array economic ills and challenges, but wrong policies will certainly lead to more complex issues, a veteran economist says.
Denouncing the...
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September 05,2020
The level of the hazardous elements in gasoline in Iran complies with quantity set by the European Union emission standards, spokesman of the National Iranian Oil Products Distribution Company said...
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September 05,2020
After gasoline was rationed last November and the price of non-subsidized fuel doubled, some motorists turned to using other types of fuels for their cars such as compressed natural gas and...
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September 04,2020
The largest solar panel manufacturing plant in Iran will be launched in Ardabil Province early next year (starts March 2021), the governor said Thursday.
“Built by a private company, the factory...
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September 04,2020
Oil held around $44 a barrel on Friday and was heading for its biggest weekly decline since June, as weak demand figures added to concerns of a slow recovery from the COVID-19 pandemic.
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September 04,2020
The second 310-megawatt gas unit of Dalahou Combined Cycle Power Plant in Eslamabad-e-Gharb County in Kermanshah Province, started operation Thursday as part of the government’s power...
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September 02,2020
Tehran Municipality takes out 180 million cubic meters of water from depleting underground resources in the sprawling capital per year, director of the National Water and Wastewater Engineering...
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September 02,2020
Gas supply to Sistan-Baluchestan, Iran’s second largest province, will be completed by 2023, head of the provincial gas company told a press conference.
Reza Panjabi said pipe laying and...
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September 02,2020
Iraq is seeking exemptions from OPEC+ cuts in Q1 of 2021 and has discussed the issue with key producers in the 23-member coalition during three consecutive meetings, state-owned al-Sabaah newspaper...
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September 01,2020
Furthering its commitment to decarbonizing the energy sector worldwide, Siemens Energy has been selected to provide its highly efficient gas turbine technology and long-term services to the planned...
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September 01,2020
As major oil companies prepare to spend billions on renewable energy assets to stay relevant in a low-carbon future, the industry’s patchy track record on takeovers is red flag for some investors...