All industrial units are expected to be connected to the national gas grid by the end of 2021, head of the National Iranian Gas Company said Saturday. "There are close to 102,000 industrial…
Energy
New oil and gas projects cannot be developed under sanctions unless new contracts are designed, a senior energy analyst and former head of Iran's Petroleum Contracts Committee said.
Gas has an important role to play in the global energy transition, according to the head of EMEA natural resources research at Goldman Sachs. Speaking to CNBC, Michele Della Vigna said…
The Trump administration on Friday renewed Chevron Corp’s license for three months to drill for oil in Venezuela despite sanctions, a compromise between officials seeking maximum pressure to…
With installed capacity of 65 gigawatts, Iran ranks ninth in terms of thermal power capacity in the world. According to a report by the Energy Ministry, the total power capacity in the world is…
In the past six years, 39 desalination units with a capacity of approximately 174,000 cubic meters per day (63.7 million cubic meters a year), are operating mostly in the southern coasts. Sixty…
Despite the existing constraints and difficulties Beijing is making concerted efforts to maintain trade ties with Tehran. China’s new Ambassador to Iran Chang Hua, made the statement in Tehran…
Although the three branches of government (executive, legislative and judicial) have come to the conclusion that gasoline prices should increase, there is still no consensus among MPs about the…
China’s still importing oil from Iran weeks after the US imposed sanctions aimed at halting sales of crude from the Persian Gulf nation. Official customs data on Friday showed China imported…
Private companies’ efforts in Iran are noteworthy in that they seek to develop global initiatives to help safeguard the environment. Christoph Grabmayr, the Austrian Embassy's commercial…
Electricity demand in 12 remote towns in Khorramabad and Aligudarz counties in Lorestan Province is being met fully with the help of small-scale photovoltaic (PV) power stations, head of…
Oil prices edged up for a second day on Friday on expectations that a weekend meeting of the world's top oil producers would demonstrate compliance to a global output cut deal, but a larger than…
Following the contract signed between Iran and Pakistan in 1999 to complete a gas pipeline to help address Pakistan’s electricity problems, Tehran has fulfilled its commitments regarding…
A 7.12 megawatt combined heat and power (CHP) plant was inaugurated in Amol County, Mazandaran Province. According to the Energy Ministry news portal (Paven), Babakan Power Plant, built over 2,…
Japan will continue importing crude oil from the Middle East despite escalating tensions in the Strait of Hormuz, but will also make efforts to diversify supply sources, Minister of Economy,…
Power consumption hit a new record on Monday as it reached a peak of 57,681 megawatts, the Energy Ministry’s spokesman for the power department said in Tehran. “Electricity consumption has…
The amount of water stored in dams has dwindled by 9% between May 22 and June 22. Dams across the country held 40.6 billion cubic meters of water in May, but the level fell to 37.3 bcm in June…
China National Offshore Oil Co (CNOOC) has signed an agreement with Abu Dhabi National Oil Co (ADNOC) on upstream exploration and development, oil refining and liquefied natural gas trade, ADNOC…
Expanding the gas network in southeastern Sistan and Baluchestan Province is on the government agenda, the managing director of National Iranian Gas Company said. Work is underway to build and…
Oil prices rose more than 2% on Monday on concerns that Iran’s seizure of a British tanker last week may lead to supply disruptions in the energy-rich Persian Gulf. Brent crude futures climbed…
Gasoline consumption between 2011 and 2017 has shot up 50% that (regretfully) is big enough to be registered in the Guinness World Record, the National Iranian Oil Refining and Distribution…
The Iranian oil tanker ‘Happiness 1’ that was held at Jeddah port in Saudi Arabia for over two months has been released.
Five million energy-intensive agricultural, households and commercial units will be equipped with smart electricity meters during the second phase of the National Smart Metering Program (known…
The project to transfer drinking water from Safa Rud Dam to Kerman City in southern Kerman Province will be completed in two weeks, managing director of Kerman Regional Water Company said.
Gas supply to Yazd Province has been expedited and almost 90% of its small towns and villages are now connected to the national gas grid, managing director of the provincial gas company said. “…
