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April 03,2022
Iran will start drilling operations at the Arash gas field in the Persian Gulf in the near future, Oil Minister Javad Owji said.
“Comprehensive studies on the joint Arash field have been completed...
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April 02,2022
Every drop should count in Iran not only due to the unequal distribution of water resources but also because of uncertainties about precipitation, and the tough challenge can be tackled through the...
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April 02,2022
Attracting domestic and foreign investments for the development of upstream oil and gas sectors tops the Oil Ministry’s priority list, as it is essential to ensure the security and supply of energy...
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March 16,2022
The National Iranian Oil Company has assigned Iran Marine Industrial Company (SADRA) the task of completing the third development phase of the South Pars Gas Field's oil layer, managing director of...
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March 16,2022
Russia’s invasion of Ukraine threatens to intensify the surge in global inflation, hurting oil demand and investment, the Organization of Petroleum Exporting Countries warned.
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March 16,2022
Hamedan, the capital of the namesake province, and Sanandaj, the capital of Kurdestan Province, are among Iranian cities that have been dealing with water issues for years.
Although executive...
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March 16,2022
Oil prices rose as much as $3 on Wednesday, bouncing back after earlier declines, as Russia's invasion of Ukraine continues to stoke volatile trading with ceasefire talks the latest market trigger...
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March 16,2022
Although daily gasoline consumption in Iran has exceeded 100 million liters since March 16, there are no worries regarding the fuel supply during the Norouz (Iranian New Year) holiday season when...
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March 15,2022
Water from four dams in West Azarbaijan Province has been released to shore up Lake Urmia, the provincial Regional Water Company’s deputy of protection and operation said.
“Based on the plan of...
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March 15,2022
The Research Institute of Petroleum Industry has completed a pilot scheme to convert mazut to higher value-added products, including petroleum coke that’s used in steel production, the head of RIPI...
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March 15,2022
To complete the propane value chain, Pars Petrochemical Company in Pars Special Economic Energy Zone in southern Bushehr Province, has planned to develop the downstream industry by building...
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March 14,2022
Private power producers who built plants with loans from the National Development Fund of Iran (the sovereign wealth fund), are unable to repay their debts, managing director of Iran’s Thermal...
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March 14,2022
Oil prices fell on Sunday at the start of the session, extending last week's decline, as a US official said Russia was showing signs it might be willing to have substantive negotiations over...
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March 14,2022
The second phase of a major pipeline project to supply water from Karoun River to rural districts in Ahvaz, Khuzestan Province, has progressed by 53%, the director of National Water and Wastewater...
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March 14,2022
Gas production at Shahid Hasheminejad Gas Processing Company in Khorasan Razavi Province has increased by 500,000 cubic meters per day this winter, the head of the refinery said.
“Our winter plan...
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March 13,2022
Majlis Research Center, the influential research arm of the parliament, expressed its strong objection to officially abolishing a law based on which Daylight Saving Time is practiced.
According to...
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March 13,2022
Close to 354 million liters of crude oil and its derivatives have been transported daily via pipelines in the last 12 months, indicating a 65% rise over the last 40 years, managing director of the...
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March 12,2022
The steam unit of Chabahar Power Plant in Sistan-Baluchestan Province was linked with the national electricity grid on Saturday, the head of Saba Power and Energy Holding, a subsidiary of...
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March 12,2022
The National Iranian Tanker Company will soon sign a contract with Iran Shipbuilding and Offshore Industries Complex Company in southern Hormozgan Province, based on which the latter will build the...
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March 12,2022
Bandar Abbas Power Plant in Hormozgan Province was built by the Italian company Franco Tosi and until recently 100% of its equipment were imported, managing director of the plant said.
“However,...
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March 12,2022
At least 60% of filling stations cannot meet their current expenses and are on the verge of insolvency due to high inflation, the head of Gasoline Station Owners Association said.
“Gas station...
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March 12,2022
Oil Minister Javad Owji said more than 45 contracts and memorandums of understanding worth $15.6 billion have been signed in the past six months.
“The contracts are in different fields, including...
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March 12,2022
As groundwater resources in Bandar Abbas, southern Hormozgan Province, are depleting, desalination capacity is expected to rise by 43,000 cubic meters per day by November, managing director of the...
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March 12,2022
Oil prices stabilized on Friday and were on track for their biggest weekly drops since November after seesawing on fears of escalating bans on Russian oil versus efforts to bring more supply to...
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March 09,2022
Oil prices rose on Wednesday as the US ban on Russian oil imports and Britain's plan to phase them out by yearend raised concerns of tighter global supply.