-
September 16,2019
Oil prices surged on Monday, with Brent crude posting its biggest intra-day percentage gain since the Persian Gulf War in 1991, after an attack on Saudi oil facilities on Saturday shut over 5% of...
-
September 16,2019
Power consumption fell below 40,000 megawatts at the weekend after 127 days as temperatures dropped across the country.
Consumption had surpassed 40,000 MW in May and increased gradually until...
-
September 15,2019
Saudi Arabia shut down half its oil production Saturday after a series of drone strikes hit the world’s largest oil processing facility in an attack claimed by Yemen’s Houthi fighters.
-
September 15,2019
Iran’s largest mobile power plant will be linked to the national grid next month, the deputy for supervisory affairs at the National Water and Wastewater Engineering Company of Iran (Abfa) said.
-
September 15,2019
Domestic companies will start operations to develop Phase 11 of the South Pars Gas Field in the Persian Gulf in October, managing director of Pars Oil and Gas Company, a subsidiary of state-owned...
-
September 15,2019
Russia’s first-floating nuclear power plant has arrived at its permanent base near an isolated Russian town across the Bering Strait from Alaska, Russian state nuclear energy company Rosatom said...
-
September 15,2019
Isfahan Power Plant in the eponymous central province will soon get treated wastewater for its cooling towers, managing director of the provincial electric company said.
"The plant’s wastewater...
-
September 14,2019
In a renewed push to cut dependence on fossil fuels, the Indian government wants state-run companies to build massive clean energy parks at a cost of around $2 billion each.
-
September 14,2019
Pars Oil and Gas Company, a subsidiary of the National Iranian Oil Company, signed a $440m contract Saturday with domestic company Petropars to develop Belal Gas Field in the Persian Gulf.
The...
-
September 14,2019
Diverting water from the Oman Sea to alleviate the water crisis in Sistan-Baluchestan, South Khorasan and Khorasan Razavi provinces is on the agenda, but it should not be the last resort, deputy...
-
September 13,2019
Supplying natural gas to Europe via a pipeline from Turkey is on the National Iranian Gas Company's agenda, the CEO said.
"The infrastructure is in place and talks are underway with private...
-
September 13,2019
Crude oil futures were marginally lower during mid-morning trade in Asia Friday after an OPEC meeting on Thursday that saw no further cuts in crude production and bearish market reports on oil...
-
September 13,2019
As per law, vehicle owners should be charged an extra amount at pumps for filling up their tanks, head of Iran Gas Station Owners Union said.
"According to the $37.6 billion budget for the current...
-
September 13,2019
Several water and power projects were inaugurated in central Yazd Province on Thursday.
Twenty power distribution and transmission projects, completed at the weekend, include feeder development,...
-
September 11,2019
The Energy Ministry is rewriting policy to increase the guaranteed purchase price of renewable power by 30% by next month, spokesman of Iran’s Renewable Energy and Energy Efficiency Organization (...
-
September 11,2019
Since the beginning of the current water year (September 23, 2018) precipitation has risen 101%.
While rainfall has surpassed 340 millimeters in the 12-month period, it barely reached 169...
-
September 11,2019
Global oil demand will peak in three years, plateau until around 2030 and then decline sharply, energy adviser DNV GL— the world's leading classification society and a recognized advisor for the...
-
September 10,2019
Annual petrochemical output in Iran will reach 100 million tons by 2022, managing director of the National Petrochemical Company said.
“There are 56 petrochemical companies producing 66 million...
-
September 10,2019
Total energy produced in Iran in 2016 was equal to energy that is produced by burning 3.4 billion barrels of crude oil, up 18% compared to 2015.
Iran Fuel Conservation Company, a subsidiary of the...
-
September 10,2019
Iraq will struggle to generate enough electricity unless it continues to use Iranian gas for three to four more years, the electricity minister said on Tuesday, resisting US pressure to stop the...
-
September 10,2019
Oil futures rose slightly on Tuesday to their highest levels in almost six weeks on optimism that OPEC and other producing countries may agree to extend output cuts to support prices.
-
September 07,2019
A conference was held last week at the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) in Mashhad to discuss the root causes of rising water tensions, consequences and...
-
September 07,2019
Wastage in Tehran's power grid was reduced from 3.2% to 2% last February, managing director of Tehran Regional Electric Company said.
“With effective measures we have been able to spend peak...
-
September 07,2019
Russian gas exports to Turkey and eight other southeast European nations fell by more than a quarter in the first half of 2019 as cheaper liquefied natural gas and new Azeri supplies helped the...
-
September 06,2019
The Energy Minsitry and the United Nations Development Program office in Iran discussed cooperation to safeguard environment through building waste-to-energy (WtE) plants in the northern regions.