Decades of drought and steep decline in precipitation have caused water levels in Sistan-Baluchestan Province's seven dams to fall to 429 million cubic meters, almost 22% of the total capacity…
Energy
Ilam Gas Processing Company's power plant generated 67,000 megawatt hours of electricity in the last six months raising revenue and at the same time helping the national grid meet summer demand…
National Iranian Drilling Company has indigenized 5,000 more drilling parts in collaboration with domestic manufacturers and engineers over the past two decades, the head of NIDC's…
The global petrochemical industry is poised for solid growth over the next nine years, with nearly 1,158 planned and announced plants slated to come online primarily in Asia and the Middle…
Trade talks resuming Monday between the US and China could signal whether crude and LNG flows will pick up between the two countries this year or stay mired in the trade dispute. The US trade…
The largest solar farm, with a capacity to produce 1,000 megawatts of electricity, will be constructed in Markazi Province in central Iran, deputy governor for economic affairs said in the…
Subsea pipe laying of the second main pipeline of phases 22-24 of the South Pars Gas Field in the Persian Gulf hve been completed, the three phases’ development manager Farhad Izadjoo said. Now…
Iran and Afghanistan started a new round of talks on water sharing from the Hirmand (also known as Helmand) River and its tributary. Afghan deputy minister of water, Khan Mohammad Takal…
Annual water loss in urban areas (25%) is of epic proportions, director of the Consumption Management Office at the National Water and Wastewater Engineering Company said in Mashhad on Saturday…
The eight traditional customers that got a waiver from the US to continue importing specific quantities of Iranian oil are fully compliant with the sanctions, Iran's deputy oil minister for…
Turkey's crude oil import profile is set for major changes this year following the re-imposition of US sanctions against its main crude supplier, Iran, coupled with the commissioning of Socar's…
OPEC crude cargoes leaving for the United States in December dropped to the lowest level in at least five years, data from Refinitiv Eikon and market intelligence firm Kpler show.
Iraq vowed on Friday to adhere to the production cuts agreed to by OPEC and its allies that went into effect at the start of the year. OPEC’s number-two oil producer will hold its production at…
Oil rose towards $57 a barrel on Friday after China said it would hold talks with the United States to look for solutions to a trade dispute, while signs of lower crude supply also supported…
National Petrochemical Company output will increase 40% by 2021, Behzad Mohammadi, the new head of the company said Saturday. "The present annual production is 54 million tons and is programmed…
The National Iranian South Oil Company will finalize production, maintenance and enhancement contracts by the end of the current fiscal in March and contractors will start work on 14 major…
Two third-generation nuclear power reactors will begin operation this year in Finland and France, after years of delays and budget overruns, S&P Platts’ reported. The Finnish project is the…
The share of renewable energy in Mongolia's total electricity production has reached a record high in 2018, local media reported Monday. The share of renewable electricity generation rose to 16…
Talks to develop Farzad B gas field in the Persian Gulf are underway between Iran and India, but no decision has yet been taken, India’s outgoing ambassador to Tehran Saurabh Kumar said…
Households consumed a whopping 480 million cubic meters of natural gas in one day (Thursday) as the cold weather continued to sweep across the country, spokesman of the National Iranian Gas…
Installed capacity of power plants in Sistan and Baluchestan Province will double to reach 2,685 megawatts in two years, the Energy Minister said Tuesday at a meeting with officials in Zahedan,…
If OPEC does not follow through with its commitment to reduce oil production throughout this year, Brent crude prices could struggle to rise, according to J.P. Morgan’s head of Asia Pacific oil…
Iraq’s oil exports averaged 3.726 million barrels per day in December, a significant increase from the previous month, the oil ministry said on Wednesday. Exports from Iraq’s southern…
India’s biggest refiner Indian Oil Corp Ltd said Wednesday that Iran may still invest in a refinery expansion project at one of its subsidiaries. Indian Oil chairman Sanjiv Singh said Iran has…
Export from Khorasan Petrochemical Company increased by 12% in the first nine months of the current fiscal (March-December) compared to the corresponding period last year, the managing director…
