Construction of a 100 kilowatt solar power plant has started in Qom Province, managing director of Qom Water and Wastewater Company said.
Energy
A gas unit of the Hormoz Combined Cycle Power Plant in southern Hormozgan Province has been connected to the national grid, said the director of private power plant projects at the Thermal Power…
Despite the promising autumn rain, total precipitation is still 48 millimeters below its long-term average, head of the National Drought Warning and Monitoring Center, a subsidiary of Iran…
Qatar is to leave OPEC next month in order for the Persian Gulf state to focus on gas production, the country’s new Energy Minister Saad al-Kaabi announced in a surprise move on Monday.
Russia and Saudi Arabia agreed to extend into 2019 their agreement to manage the oil market, known as OPEC+, although the two sides have yet to agree on any fresh output cuts. Russian President…
Despite waivers the US government granted to eight countries after imposing sanctions on Iran’s oil exports, the country’s crude sales will fluctuate between 1.1and 1.3 million barrels per day…
An estimated 2.6 billion kilowatt hours of electricity has been produced from renewable sources since March 2009. According to Paven, the Energy Ministry's news portal, the output helped save…
Construction work on the fourth phase of Persian Gulf Star Refinery in the southern Hormozgan Province has started and is expected to be completed in less than two years, director of planning…
OPEC coalition decisions on further global oil market cooperation will be taken next week amid uncertainty over many factors impacting the industry, including Iranian crude export volumes, but…
The new government in Pakistan under the leadership of Prime Minister Imran Khan intends to complete the long-delayed Iran-Pakistan gas pipeline, the country’s Minister of Petroleum Ghulam…
Financial disputes between the Energy Ministry and the contractor of the first geothermal power plant in Meshgin Shahr, Ardebil Province, has brought the project to a standstill, the governor of…
OPEC oil supply has fallen in November from a two-year high due to US sanctions on Iran, a Reuters survey found, although most of the output gap left by Iran was plugged by Saudi Arabia and the…
Japanese firms will continue buying crude oil from Iran with the maximum capacity possible before the end of the 180-day period during which it is exempt from new US sanctions on Iranian oil…
Italian major Eni is in talks to expand its footprint in Oman and the United Arab Emirates as part of plans to build its asset base in the oil-rich Persian Gulf and offset its reliance on Africa…
In the wake of a sharp spike in ethane production, polyethylene output in Kavian Petrochemical Complex in the Pars Special Economic Energy Zone in Asalouyeh, Bushehr Province, has witnessed a 40…
Oil’s on track for its worst month in a decade on growing fears over a global supply glut that’s been exacerbated by American waivers to Iranian crude buyers. Futures in New York are set to…
The National Iranian Drilling Company has drilled 98 onshore and offshore wells since March, the company’s deputy managing director for drilling operations said.
Two platforms of phases 22-24 in the South Pars Gas Field off the Persian Gulf will come on stream next January, operator of the two phases said. Farhad Izadjou said the two phases have made 92…
Imports of Iranian crude oil by major buyers in Asia hit a five-year low in October, as China, Japan and South Korea sharply cut purchases ahead of US sanctions on Tehran that took effect in…
The annual cost of maintenance and expansion of Tehran's power network is $22 million, the managing director of Tehran Province Electricity Distribution Company said Tuesday. Hossein Sabouri…
Iraq has finalized its 2019 crude oil term contracts, with 67% of its exports poised to go to Asia, an oil ministry spokesman said Tuesday. "The percentage of the total quantities planned for…
Close to 130 billion cubic meters of natural gas was consumed during the eight-month period to November 21. According to Saeed Momeni, the deputy manager at the National Iranian Gas…
South Korea's gasoline demand dropped 16% year on year in October, the sharpest decline in 20 years since October 1998 when the country was hit by the Asian financial crisis.
Japanese buyers are unlikely to load Iranian oil after April 1 without an extension of the country’s current waiver because of the difficulty in making payments before sanctions are reimposed in…
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Oil prices fell on Tuesday, depressed by record Saudi production even as the kingdom tried to persuade other exporters to agree output cuts ahead of an OPEC meeting next week. Brent crude oil…
