NGL 3100, an under-development gas venture to collect and process associated petroleum gas from oilfields in Ilam and Dezful, will be fed with as much as 6 million cubic meters of gas per day,…
Energy
Petroleum Engineering and Development Company (PEDEC) is developing the infrastructure to increase crude output from South Azadegan Oilfield in the oil-rich Khuzestan Province.
Any disruption in oil exports flowing through the Strait of Hormuz will be a “major obstacle” for Iraq’s economy, Iraqi Prime Minister Adel Abdul Mahdi said on Tuesday, as tensions continue to…
Non-oil exports from South Pars Gas Field off the Persian Gulf in the third month of the fiscal year (May 22-June 21) showed a 23% increase in volume compared with the same period of last year,…
The first and second steam units of Shirvan Combined Cycle Power Plant in Shirvan County, North Khorasan Province, will be launched next week, the managing director of Thermal Power Plants…
The government is now confident that transferring water from the Caspian Sea to Semnan Province is the best alternative to help fight drought in the central plateau, the managing director of…
Russian oil production fell close to a three-year low in early July, to 10.79 million barrels per day, dragged down by declining output at Rosneft, the country’s largest oil producer, industry…
Profits from gasoline production have surged over 150% in Asia from June due to output cuts and refinery maintenance, industry sources said this week, but that may not last as a flood of new…
OPEC's compliance with its production quotas fell sharply in June, as output gains in the month by Saudi Arabia and Nigeria, along with Iraq's, continued to flout their cap and shrank the bloc's…
To maintain sustainable gas supply to northern regions, the state-owned East Oil and Gas Production Company, a subsidiary of Iranian Central Oil Fields Company, is producing close to 63 million…
Twelve power, water and wastewater projects (at a cost of $270 million) were launched during Energy Minister Reza Ardakanian’s visit to different cities of Fars Province.
Iran has never been a threat to energy security, nor will it ever pose a risk to it, as insecurity in the region is against its national interests. Oil Minister Bijan Namdar Zanganeh made the…
An oil tanker damaged in a bombing off the UAE port of Fujairah in May is back in business. The ship’s first destination: Iran. The Andrea Victory is sailing in the northern Persian Gulf and…
The first unit of Sardasht Hydroelectric Power Plant in Sardasht County, West Azarbaijan Province, will go on stream by the weekend, the managing director of Iran Water and Power Resources…
The expansion and construction of new units, especially for improving the quality of heavy oil products such as diesel, are on the agenda of Bandar Abbas Oil Refinery Company, its managing…
State organizations, which do not reduce their electricity consumption by 10%, will face outages over the next two months, the interior minister said Sunday. "Executive bodies that exceed…
A new 10-megawatt solar power plant in Baft County, Kerman Province, has now been connected to the national electricity grid. Established over 20 hectares of land in Baft, which has one of the…
Despite the fact that dams and Chah-Nimeh water reservoirs are full, residents in Sistan-Baluchestan Province are still suffering from the shortage of safe drinking water supply, the provincial…
The 7-megawatt solar power plant in Abhar City, Zanjan Province, has been connected to the national power grid. Built by the private sector on a 14-hectare land, the plant was completed in four…
In the first quarter of the current fiscal year (March 21-June 21), 93% of the fuel supplied to Shahid Rajaee Combined-Cycle Power Plant in Qazvin Province constituted natural gas, up from 88%…
OPEC oil output sank to a new five-year low in June as a rise in Saudi supply did not offset losses in Iran and Venezuela due to US sanctions and other outages elsewhere in the group, a Reuters…
The Foreign Ministry summoned Britain’s ambassador to Iran after British forces seized an Iranian oil tanker in the Strait of Gibraltar, bordered by Spain and Morocco. Rob Macaire was summoned…
Delinking current expenditures from oil revenues must be given high priority, the head of Energy Commission of Iran Chamber of Commerce, Industries, Mines and Agriculture said.
Crude oil prices fell on Friday on weak economic indicators from the United States and Germany, shrugging off tensions around Iran and this week’s decision by OPEC and its allies to extend a…
To help prevent power disruption in Saravan city in Sistan-Baluchestan Province, a mobile power plant was synchronized with the national grid on Wednesday, the project manager said. "The 25-…
