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February 23,2020
Underground water resources are depleting at unprecedented speed in Yazd Province, head of the provincial company said.
“Underground water level is falling by 45 centimeters per year,” Mohammad...
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February 23,2020
Encouraging policies to promote prudent power consumption helped the Energy Ministry to export more electricity in 2019, head of Iran Power Generation, Distribution and Transmission Company (...
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February 23,2020
An online oil pollution monitoring system has been installed at the oil dock of Shahid Rajaee Port in southern Hormozgan Province, director general of Hormozgan Ports and Maritime Organization said...
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February 22,2020
Gas consumption in thermal power plants shot up 24% between 2014 and 2019 as the National Iranian Oil Company substantially raised gas output during the period, especially in the South Pars Gas...
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February 22,2020
The Persian Gulf Petrochemical Industries Company is carrying out projects that are in different stages of construction, the company’s managing director said.
“PGPIC does not take projects that...
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February 21,2020
Gas-powered power plants generate over 80% of Iran’s electricity and if there are problems with natural gas supplies to these units there will be power outages.
This issue can and should be...
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February 21,2020
Oil prices fell around 1% on Friday, pressured by growing worries about fuel demand as a coronavirus epidemic spread further beyond China, and as major crude producers appeared to be in no rush to...
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February 21,2020
Crude refining capacity in Iran, including gas condensates, is 2.3 million barrels a day, director of the National Iranian Oil Refining and Distribution Company said.
“The capacity shows 43% rise...
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February 19,2020
Goureh-Jask oil transfer project has registered 25% progress and is expected to be completed by 2022, managing director of the Petroleum Engineering and Development Co., a subsidiary of the...
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February 19,2020
A study undertaken by the Iranian National Standards Organization on gasoline quality between November 2019 and January 2020 indicates the fuel contains acceptable levels of sulfur and other...
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February 19,2020
Goureh-Jask oil transfer project has registered 25% progress and is expected to be completed by 2022, managing director of the Petroleum Engineering and Development Co., a subsidiary of the...
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February 19,2020
Oman, the biggest Middle East oil producer outside OPEC, awarded France's Total and Thailand's PTTEP rights to explore and develop non-associated gas deposits in the sultanate, which is ramping up...
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February 18,2020
Equipped with advanced equipment, the National Iranian Drilling Company is able and willing to expand the scale and scope of its activity in offshore and onshore oilfields.
The company’s managing...
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February 18,2020
In the past dams were built with the aim of ensuring irrigation, power generation and supplying potable water. But now the attitude towards mega-dams has changed significantly, managing director of...
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February 18,2020
Iran's shipping fleet requires at least 40,000 tons of low-sulphur fuels per month to comply with the International Maritime Organization’s new regulations demanding a 0.5% global sulphur cap for...
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February 17,2020
Decline in electricity output due to high gas consumption in the household sector will have adverse effects on the power export, vice president of Iran Electrical Industry Syndicate said.
“Power...
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February 17,2020
Oil prices changed little Monday as concerns of falling fuel demand caused by the economic fallout from the coronavirus outbreak in China were offset by expectations that output cuts from major...
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February 17,2020
Gas condensate output from the South Pars Gas Field in the first 10 months (March-Dec 2019) of the currency fiscal year increased by 5% compared to the corresponding period a year ago, managing...
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February 16,2020
Close to 90,000 kilometers of pipelines in the national water grid are old and dilapidated and must be replaced.
The national water network in cities stretches over 155,000 kilometers, of which...
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February 16,2020
Due to the big increase in liquefied fuel consumption over the last few weeks, the National Iranian Oil Company has stopped selling diesel and mazut on the Iran Energy Exchange, the company’s...
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February 15,2020
South Zagros Oil and Gas Production Company, a subsidiary of the National Iranian Oil Company, has manufactured and repaired 1,500 parts used in the oil and gas industry with the help of domestic...
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February 15,2020
LNG producers are encouraged to cut supply amid the global glut that is helping drive down prices in Asia, or push more volumes to markets beyond Europe, perhaps Latin America.
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February 15,2020
Iran holds the world's second biggest natural gas reserves after Russia.
Gas production has surpassed 870 million cubic meters per day and a large number of city and village dwellers are supplied...
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February 14,2020
The project to connect Tabriz Petrochemical Company to the West Ethylene Pipeline was officially inaugurated on Thursday in the last and final phase of the major pipeline.
This pipeline is 1,200...
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February 14,2020
Power consumption in Yazd Province with a population of around 1.2 million has risen 57 times over the last four decades, managing director of Yazd Regional Electricity Company said.
“Consumption...