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December 06,2019
OPEC and its allies (OPEC+ including Azerbaijan, Bahrain, Brunei, Kazakhstan, Malaysia, Mexico, Oman, South Sudan and Sudan) led by Russia agreed to cut output by an additional 500,000 barrels per...
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December 04,2019
Exports from South Pars Gas Field off the Persian Gulf in the eighth month of the fiscal year (Oct. 23-Nov. 23) increased by 39% in volume compared to the same period last year, head of the customs...
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December 04,2019
Cooperation between Iran and Azerbaijan has improved in recent years, especially in the energy sector, First Deputy Prime Minister of Azerbaijan Shahin Mustafayev said Tuesday in a meeting in...
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December 04,2019
Oil gained on Wednesday ahead of meetings this week where OPEC and its allies are expected to extend production curbs to support the market, while industry data showing that US crude stockpiles...
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December 04,2019
As per a government proposal, schools that use water and electricity within a certain limit will be exempt from paying bills in the next fiscal year (March 2020-21), the energy minister said...
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December 03,2019
Oil prices edged higher on rising expectations of deeper output cuts when OPEC and its allies meet this week, although skepticism about a deal among some analysts limited the gains.
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December 03,2019
Transferring water from the Caspian Sea to Semnan Province would destroy the pristine nature in the region and convert it to another industrial zone like Yazd and Isfahan that have been grappling...
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December 03,2019
Tajikistan’s minister of energy and water resources has appreciated the presence of Iranian companies in power and water projects in his country, and invited Iranian private firms to participate in...
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December 03,2019
Iran is exporting its oil despite the new US sanctions, the first vice president said Monday, adding that Washington’s “maximum pressure” on Tehran has failed.
“Despite America’s pressure ... and...
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December 03,2019
Ecuador may renege on its decision to quit its OPEC membership, according to anonymous sources cited by S&P Global Platts, which was supposed to take effect January 1, 2020.
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December 02,2019
Gas flaring in Forouzan Oilfield in the Persian Gulf will come to an end in December, managing director of Kharg Petrochemical Company said.
“The project to harness and transfer the associate...
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December 02,2019
OPEC and its allies plan to deepen oil cuts and have the deal in place so it runs at least until June 2020 as Saudi Arabia wants to deliver a positive surprise to the market before the listing of...
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December 01,2019
An estimated 3,000 energy-intensive agricultural units and households have been equipped with smart electricity meters (known as Faham in Persian) in the mountainous province of East Azarbaijan...
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December 01,2019
According to the sixth Five Year Economic Development Plan (2017-22), renewable energy should comprise 5% of the total power capacity; however, this share is hardly 1% indicating that expansion of...
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December 01,2019
Sixty desalination plants produce 250,000 cubic meters of water per day in the coastal regions, namely Khuzestan, Hormozgan and Bushehr, deputy chief engineer with the National Water and Wastewater...
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November 30,2019
Natural gas is an 'indispensable' part of the global energy mix needed to limit the impact of climate change and protect the environment, the Gas Exporting Countries' Forum (GECF) said Friday.
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November 30,2019
The first phase of Darab Water Treatment Plant in Darab County, Fars Province, with production capacity of 150 liters per second was launched at the weekend.
Costing $10 million, the plant...
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November 30,2019
To expand the Iran Gas Trunkline (IGAT) close to 400 kilometers of high-pressure pipelines have been laid across the country since March, managing director of Iranian Gas Engineering and...
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November 30,2019
Converting gasoline-powered vehicles, especially vans, to compressed natural gas hybrids can help reduce fuel costs for motorists by 100%, deputy managing director of the state-run National Iranian...
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November 30,2019
Russian energy minister Alexander Novak said Friday it is too early to talk about extending the OPEC+ crude production agreement and the producer group should take a decision closer to April, the...
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November 29,2019
For the last year, Saudi Arabia has largely turned a blind eye to cheaters within the OPEC+ alliance, cutting its own output more than agreed to offset over-production from the likes of Iraq and...
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November 29,2019
Iran’s former secretary general of the Gas Exporting Countries Forum stressed the need to halt unilateral sanctions against some GECF members.
Mohammad Hossein Adeli, who served as the secretary...
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November 29,2019
The quality of tap water in Tehran differs from one district to another, managing director of Tehran Regional Water Company said.
“So long as South Wastewater Treatment Plant in the capital is not...
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November 29,2019
Canada may have missed its chance to become an important player on the global liquefied natural gas market unless it changes its regulatory regime to make building LNG plants easier.
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November 27,2019
A 50 megawatt wind farm in Aqkand City, Mianeh County, East Azarbaijan Province, was launched Wednesday.
Aqkand wind farm can generate 175,000 megawatt-hours of electricity a year, enough to meet...