Indicating that there is still some confusion in India’s position on stopping oil imports from Iran in line with sanctions reimposed by the United States, the government said on Wednesday that…
Energy
The US Department of State is discussing allowing China to import oil from Iran as payment for a Chinese company’s investment in an Iranian oilfield.
Russian daily oil output rose in June to 11.15 million barrels per day, up from 11.11 million bpd in May, still below the amount agreed in a global deal to cut production, the country’s energy…
China is allowing additional crude oil import quotas to predominantly private oil refiners in the world’s top oil importer, Reuters reported on Tuesday, citing a document it has seen.
Petrochemicals exports have increased by 3% in the last seven years, Majlis Research Center said in a report. "The figure stood at 18.2 million tons in 2011 and surpassed 20.3 million tons in…
Amid US sanctions, Iran on Tuesday said it believes India will act in its national interest on the issue of oil imports and Tehran can act as a "protector" of India's energy security. Iran's…
An estimated $2 billion have been spent on Tehran’s wastewater network development plan since 1995, the head of provincial wastewater company said. "The venture has totally registered a work-in…
The third Iranian-Armenian power transmission line will be completed by the end of 2020, Iran’s energy minister said on Tuesday. Reza Ardakanian was speaking at the 16th session of the joint…
The Renewable Energy and Energy Efficiency Organization (Satba), affiliated to the Energy Ministry, has taken measures to encourage investors to export renewable energy, the head of the…
The production of polyethylene terephthalate (PET), a form of polyester used to manufacture plastic bottles, has surged by 10% in the last three months, the head of Shahid Tondgouyan…
The letter of association drawn up to clarify the terms of cooperation between OPEC and non-OPEC members is not binding and will not impact the half-a-century old organization. Oil Minister…
Norway’s Finance Ministry has asked the government’s $1 trillion fund—the world’s biggest sovereign wealth fund—to recommend a schedule for phasing out its investments in pure exploration…
While China remains the world's largest producer of carbon emissions—where air pollution is still responsible for more than 1 million premature deaths a year—the Asian power is also the biggest…
Members of the Organization of Petroleum Exporting Countries should hold consultations among themselves first on oil policy before striking deals with producers outside the bloc, Oil Minister…
When thermal and combined-cycle power plants cannot meet the high electricity demand during the peak hours of summer when the temperature and consumption both shoot up, renewables can help…
In a new directive issued by the National Iranian Oil Products Distribution Company, car and motorcycle owners have been advised to use their fuel cards at least once by July 22. According to…
A wastewater treatment plant in Mahmoudabad Nemouneh City in Qazvin Province was launched on Sunday in the presence of Energy Minister Reza Ardakanian. Completed at a cost of $7.2 million, the…
The production of a single unit of bitcoin withdraws about 200 million rials ($1,400) in state subsidies, the Energy Ministry’s spokesman for the power department said.
Russian President Vladimir Putin said he agreed with Saudi Crown Prince Mohammed bin Salman to extend the OPEC+ deal at current production levels for the rest of this year and potentially into…
Kermanshah Oil Refinery has taken several measures to reduce its environmental pollutants and become one of the leading Iranian refineries for promoting environmentally sound practices in recent…
Expanding national gas grid in small towns and villages can help increase the wave of "reverse migration"—from bigger cities to nearby smaller towns and suburban areas. Mazandaran’s Governor…
Iran has delivered the first crude oil to a Chinese refinery complex since the United States removed all sanction waivers for Iranian oil customers as of May. According to TankerTrackers, a…
Rehabilitation of qanats should be put on the agenda and the issue, unlike in the past, has drawn the attention of the Energy Ministry, the agriculture minister said Tuesday. “The government is…
Power and water projects were launched Wednesday in western Lorestan Province. One supplies water to 96 villages in Aligudarz County, the energy ministry news portal Paven reported.
Amir Kabir (Karaj) Hydroelectric Power Plant has been reconnected to the national grid after a full overhaul, director of the dam said. “The 90 MW power plant started operations in 1961. It was…
