Construction work is over on the first stage of the fourth phase of Persian Gulf Star Refinery in southern Hormozgan Province, chief executive officer of the National Iranian Oil Refining and…
Energy
Power consumption in Iran is among the highest in the world, but its growth has slowed down in the past two years, said the energy minister.
Providing 80 million people food has been made possible largely due to the existence of dams across the country, the energy minister says. In a talk with ILNA, Reza Ardakanian referred to the…
For the first time since the Industrial Revolution, Britain is obtaining more power from zero-carbon sources than fossil fuels. The milestone has been passed for the first five months of 2019.…
Water consumption in Tehran surged by 5% in the past three months (March 21 to June 21) compared to the corresponding period last year, the managing director of Tehran Province Water and…
Electricity consumption reached a peak of 55,000 megawatts on Sunday, the highest in the current fiscal year that started in March and close to the 55,500-MW mark registered in the 2017 fiscal…
International cooperation on crude production has helped stabilize oil markets and is more important now than ever, Russian Energy Minister Alexander Novak said Monday.
Water-intensive lifestyle, lack of long-term plans to efficiently use the limited water resources, inadequate investment to develop water infrastructure and sacrificing national interest at the…
Oil tanker owners are raising the prices they charge to export Middle East crude as tensions surge in a region that accounts for about a third of all seaborne petroleum shipments.
Canada’s Senate passed last week two controversial bills restricting the movement of oil tankers off the northern coast of British Columbia and overhauling the assessment process for oil…
Iran’s actual power generation is 59,000 megawatts and network load is projected to surpass 61 GW in summer. The 2,000 MW deficit will have to be compensated by load shedding and outages that…
Exporting crude under conditions when new US sanctions are intimidating traditional customers is a difficult undertaking and the National Iranian Oil Company should explore all alternatives to…
A memorandum of understanding (MoU) has been signed between the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) and Farassan Industrial Group to expedite the…
Russia is willing to step in to help Iran export its oil while the country is struggling to keep the oil flowing due to the new US sanctions. Iran’s budget counts on raking in around $30…
Crude and condensate in long-term floating storage hit its highest since August 2017 in May at 24 million barrels, as US sanctions against Venezuela and Iran hindered the ability of the OPEC…
Global methanol demand will grow by 6.5% in the next three years based on data from Methanex, the world’s largest producer and supplier of methanol. Regarding the increase of methanol…
The project to transfer wastewater from nine counties in Isfahan Province to Mobarakeh Steel Company -- Iran's biggest steelmaker located in the same province -- was launched on Friday.
Japanese refiners have started weighing alternative crude supply sources that would not need to transit through the Strait of Hormuz, including from the Red Sea side in Saudi Arabia, West Africa…
Several power and water projects in central Isfahan Province were launched in the weekend. One of the projects was Soffeh 230/63/20 kV gas-insulated substation in Isfahan City, constructed on…
Oil prices rallied towards $65 per barrel on fears of a US military attack on Iran that would disrupt flows from the Middle East, which provides more than 20% of the world’s oil output. Brent…
After being hit by the trade war and US sanctions on Iran, some Chinese buyers of liquefied petroleum gas from the Persian Gulf nation are finding it is too tough a habit to kick.
Iran and Azerbaijan held the second joint commission on the Aras River water sources on Thursday in Azerbaijan's Nakhchivan Autonomous Republic.
Emissions need to be halved by 2030 to limit warming to 1.5 degrees Celsius but temperatures are on track to reach double that by the end of the century even if countries’ current plans are…
Completing South Tehran Wastewater Treatment Complex will help save at least 300 million liters of water a year that is extracted from underground resources to water urban green spaces, the head…
OPEC and its allies have fixed the date of their upcoming meetings in Vienna for July 1-2, four sources have told S&P Global Platts, ending a protracted scheduling spat that the organization…
