India’s imports of crude oil have stalled in recent months, but the malaise in the country’s energy sector is deeper, with both coal and liquefied natural gas (LNG) also soft. India, Asia…
Energy
Shimibaft Petrochemical Plant in the southern city of Mahshahr, Khuzestan Province, has increased output and reported 7% growth in the first quarter of the current calendar year (began March)…
After a 2-day delay, the first phase of using fuel cards at the filling stations commenced on Tuesday (August 13) in four mega cities, namely Tehran, Karaj, Isfahan and Tabriz. Fatemeh…
The fifth solar power plant in Isfahan Province, with 1 megawatt capacity has been connected to the national power grid. Located in Shahreza County, the new photovoltaic station is built by a…
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. International benchmark Brent…
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…
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…
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…
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.
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…
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…
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…
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…
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…
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…
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…
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…
An estimated 21 million people live in rural areas in Iran and less than 100,000 do not have access to electricity. The issue is being addressed by the government, the operator for rural…
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…
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.
Oil prices rose on Monday after Islamic State militants said they had seized control of the key city of Ramadi in western Iraq, raising fears of deeper turmoil in the oil-producing country. Front-…
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…
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…
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…
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.
