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November 01,2019
Oil has always been a function of the international market, so setting up local energy markets cannot help the National Iranian Oil Company sell crude on a long-term basis, a veteran financial...
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November 01,2019
Domestic manufacturers are in the process of constructing wind turbines with generator capacity up to 250 kilowatts, operator of the project said.
“Manufacturing the medium-size turbine can help...
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October 30,2019
The National Iranian South Oil Company seeks to further reduce flaring and burning of associated petroleum gases from oil and gas sites in the southern and southwestern regions it operates,...
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October 30,2019
The temporary rise in water levels behind dams cannot guarantee the sustainable supply of potable water in the long term unless water management and related issues gets top priority.
Precipitation...
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October 29,2019
Oil slipped toward $61 a barrel on Monday, falling for a second day, pressured by expectations for a rise in US crude inventories and fading optimism over a US-China trade deal.
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October 29,2019
Total power production in the two East and West Azarbaijan provinces is 3,150 megawatts, of which barely 20 MW comes from renewables, operator of green energy power generation and distribution...
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October 27,2019
Global markets are “awash” in crude thanks to the surge in US oil output, and the boom looks set to continue, US Energy Secretary Rick Perry said in a Bloomberg TV interview.
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October 27,2019
In line with its environmental policy, Bandar Imam Petrochemical Company in southwestern Khuzestan Province has started a project to collect and recycle all its wastewater in a single unit that...
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October 27,2019
Transforming traditional wells into smart wells in Sabzevar, Khorasan Razavi Province, has helped reduce extraction of underground water by 20%, head of the provincial water company said.
“There...
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October 25,2019
A Majlis Research Center survey has revealed that total energy produced in Iran annually is equal to energy produced by burning 1.8 billion barrels of crude oil, of which 25% is consumed in the...
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October 25,2019
Oil prices steadied Friday and were on track for strong weekly gains as support from a surprise draw in US inventories and possible action from OPEC and its allies to extend output cuts outweighed...
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October 25,2019
Denmark on Friday approved the permit for construction in Danish waters of the planned 10 billion cubic meters per year Baltic Pipe, which is designed to bring Norwegian gas via Denmark to Poland...
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October 25,2019
China continued to import crude oil from the US, Iran and Venezuela in September, but Asia's biggest energy consumer kept shipments from the three producers minimal due to the tariff and sanctions...
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October 25,2019
Wastewater Treatment Plant Number 2 in Shiraz, Fars Province, will start operation in December, managing director of Shiraz Water and Wastewater Company said.
“With a capacity to treat 100,000...
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October 25,2019
The first small-scale power plant with distributed generation system operated by the Khuzestan Regional Electric Company has joined the national electricity grid, the managing director said.
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October 23,2019
Projects costing $20 million have been undertaken in Qom Province in the last 12 months, deputy minister of energy said Wednesday.
“As the number of industrial towns is on the rise in the province...
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October 23,2019
The Persian Gulf Petrochemical Industries Company was ranked second in terms of capital spending on the list of major chemical companies in 2018 issued by the Independent Chemical Information...
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October 22,2019
Export of oil derivatives from the Persian Gulf Star Refinery in the port city of Bandar Abbas topped $100 million in the past seven months, the managing director said.
“An estimated 250,000 tons...
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October 22,2019
US oil production is likely to peak in the next few years as current petroleum prices are capping the pace of expansion, Russian Energy Minister Alexander Novak said on Tuesday.
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October 22,2019
Despite the fact that the National Iranian Gas Company had pledged to supply households in Khash County with compressed natural gas (CNG) six months ago, nothing has happened, governor of the...
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October 22,2019
Energy (oil and natural gas) produced in Iran per day is 9.5 million barrels of oil equivalent, of which 65% is consumed domestically.
Ali Mobini Dehkordi, head of the Institute for International...
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October 22,2019
Renewable power capacity is forecast to increase by 50% between 2019 and 2024, the International Energy Agency said Monday.
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October 21,2019
Solar power generated by using domestically-made solar panels is purchased at higher prices, spokesman of the Renewable Energy and Energy Efficiency Organization (Satba) said.
The guaranteed...
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October 21,2019
Wastage of power in the national grid dropped from 15.2% to 11.1% between 2013 and 2018 and by extension cut natural gas consumption in power plants.
If the wastage was not cut (by 4.1%), the...
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October 21,2019
Oil fell on Monday as concerns about economic growth combined with signs of ample global supplies pressured prices, outweighing bullish signals from Europe, where fears of an economically damaging...