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September 30,2022
The installed capacity for polymer production is expected to reach 20 million tons per year in the seventh five-year development plan (2022-27).
Based on data from the Oil Ministry and the...
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September 30,2022
The amount of gasoline and diesel consumption in Iran during the summer (June 22-Sept. 22) increased by 20% and 9% respectively compared with the same period of last year, the National Iranian Oil...
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September 30,2022
Several countries and major automakers have agreed to set up a goal for going all-electric by 2040, such that the number of electric vehicles will exceed 1.1 billion by 2050, making the automotive...
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September 28,2022
Gas supply to the major industries of Iran, including steel, cement and petrochemicals plants, increased by 13% in the first five months of the current Iranian year (March 22-Aug. 22) compared with...
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September 28,2022
Jam Petrochemical Company in the port city of Asalouyeh, Bushehr Province, will increase production with the launch of an ABS/rubber production unit, the marketing and sales manager of the company...
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September 28,2022
Russia is likely to propose that OPEC+ reduce oil output by around 1 million barrels per day at its next meeting in October, a source familiar with the Russian viewpoint said.
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September 28,2022
In the pathway toward transformation of the global energy sector from fossil-based to zero-carbon, better known as energy transition, natural gas remains vital not only to ensure affordable energy...
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September 27,2022
Due to consecutive years of drought and low precipitation in the last water year (ended Sept. 23, 2022), the province’s dire water situation is worrisome, managing director of Tehran Regional Water...
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September 27,2022
The emissions of Iran’s petrochemical industry in Iran have decreased by 44% in the past decade, advisor to the managing director of the National Petrochemical Company said.
“Petrochemical...
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September 27,2022
Iran's gas exports have increased by 19% in the first five months of the current Iranian year (March 21-Aug. 22), compared with the same period of last year, managing director of the National...
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September 25,2022
Iran and Turkey have agreed on setting up a permanent committee to explore and settle issues related to Aras River, a transboundary water resource that starts in Turkey and flows through Iran...
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September 25,2022
The National Petrochemical Company has started exporting domestically-produced catalysts to Russian private petrochem companies, the managing director of NPC said.
“NPC has signed deals with...
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September 25,2022
A 60,000-barrel gas condensate refinery will be constructed on Qeshm Island within the next three years to help increase gasoline and other petroleum products output in the country, managing...
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September 21,2022
OPEC+ is now producing below its targets by a record 3.58 million barrels per day - about 3.5% of global demand - highlighting underlying tight supply in the oil market, even as recession fears...
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September 21,2022
There are seven waste-to-energy power plants in Iran with a capacity of 14 megawatts, most of which are either closed or working at half capacity due to technical, economic or legal hurdles, says...
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September 21,2022
The second steam unit of Ferdowsi Combined-Cycle Power Plant in Mashhad, Khorasan Razavi Province, came on stream on Wednesday, managing director of the plant said.
“The new unit added 160...
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September 21,2022
The project to transfer desalinated Persian Gulf water to Isfahan Province’s industries and mines will be completed in 30 months.
The executive operation of the project started in summer and is...
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September 20,2022
The National Iranian Drilling Company plans to strengthen its presence in the Persian Gulf waters in the near future by renovating three offshore drilling rigs, managing director of the National...
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September 20,2022
Domestically-manufactured electric submersible pumps in Petro Faraz Avar Sahel Tadbir Company will help raise crude output in Iran’s 22 oilfields by at least 700,000 barrels per day.
Yaser...
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September 20,2022
The Rey Power Plant in southern Tehran has increased its electricity generation capacity by 5% during summer, the managing director of the plant said.
“One of the units of the power plant, which...
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September 19,2022
Operations to replace the first Iran Gas Trunkline (IGAT-1) with a new pipeline has registered 80% progress, managing director of the state-run Iran Gas Engineering and Development Company, a...
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September 19,2022
Oil prices climbed on Monday as a weaker dollar and supply concerns ahead of the European Union embargo on Russian oil in December offset fears of a global recession that could dampen fuel demand.
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September 19,2022
The use of indigenized technical knowhow, especially in the field of catalysts, reduces cost in the petrochemical industry by 30%, managing director of Petrochemical Research and Technology Company...
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September 18,2022
The second 42-megawatt unit of Zahedan medium-scale power plant in Sistan-Baluchestan Province has been connected to the country's national electricity grid, director of power plant projects at the...
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September 18,2022
Each year, a massive 6 billion cubic meters of water are withdrawn from the drought-stricken Kerman Province’s aquifers, which is 60% over and above global standards, a deputy manager at the...