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January 15,2022
The National Iranian Oil Refining and Distribution Company and Bank Mellat have signed a memorandum of understanding for the construction of a pipeline to supply petroleum products to the country’s...
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January 14,2022
A fire broke out in a distillate fuel storage tank at Charmshahr Petrochemicals Plant in Bouin-Zahra County, Qazvin Province, on Thursday, a spokesman of the Iranian Oil, Gas and Petrochemical...
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January 14,2022
Oil futures eased for a second session on Friday on expectations that Washington may soon act to cool prices that remain above $80 per barrel, while movement curbs in China to rein in a Covid-19...
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January 14,2022
President Ebrahim Raisi on Friday officially launched Phase 1 of Qeshm ultra-heavy crude oil refinery in southern Hormozgan Province.
Built by Pars Behin Palayesh Naft Qeshm Company, a subsidiary...
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January 12,2022
Two new steam units of Sabalan Combined Cycle Power Plant in Ardabil Province with a total capacity of 320 megawatts will be connected to the national electricity grid during the first half of the...
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January 12,2022
OPEC and its allies do not want crude prices to climb to $100 a barrel and are reviving production quickly enough to prevent global markets from “overheating”, Oman’s oil minister said.
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January 12,2022
Members of the parliament approved an article on Wednesday, based on which the Energy Ministry will attract investment for desalinating water from the Sea of Oman to transfer it to the...
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January 12,2022
Oil prices steadied on Wednesday after rising in the previous session on expectations that fuel demand will continue to strengthen as the US Federal Reserve is likely to raise interest rates more...
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January 12,2022
Drawing on the experience of Russian oil and gas giants is crucial to transform Iran into a major player in the global gas market, the former chief executive officer of National Iranian Oil Company...
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January 11,2022
Projects to supply water to rural areas are underway in Kerman Province and according to plans, 442 villages will get piped water by the end of May, the managing director of Kerman Water and...
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January 11,2022
With the help of development projects at the Fajr Jam Gas Refining Company in southern Iran, the production of liquefied petroleum gas has increased at the refinery, managing director of the...
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January 11,2022
Bushehr Nuclear Power Plant in the southern namesake city, which was temporarily shut down for technical overhaul and refueling, has resumed operation and added 1,000 megawatts to Iran’s...
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January 10,2022
Development operations to lay subsea pipelines and install the platforms of Phase 11 of the South Pars Gas Field in the Persian Gulf have gained momentum, the contractor of SP Phase 11 said.
"The...
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January 10,2022
The National Iranian Oil Company has substantially reduced its growing gas condensate stockpiles in recent months not only through exports but also due to higher local consumption, managing...
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January 10,2022
Oil prices edged up on Monday as supply disruptions in Kazakhstan and Libya offset worries stemming from the rapid global rise in Omicron infections.
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January 10,2022
Iran is exporting 110 megawatts of electricity to Afghanistan per day and this amount can be increased as the maximum export capacity to the neighboring nation is 175 MW, the energy minister’s...
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January 09,2022
Harmonizing Iran and Russia’s electricity grids is the most viable and inexpensive option to help ease frequent power cuts during hot summer days when power load maximizes in Iran, the energy...
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January 09,2022
Iran has the infrastructure for increasing gas import and swap with neighboring countries to 40 million cubic meters per day, or 15 billion cubic meters per year, the oil minister said.
Javad Owji...
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January 08,2022
Oil Minister Javad Owji says domestic companies manufacture 70% of equipment needed in the oil and gas industry.
“Local firms have the potential to manufacture 95% of equipment and parts required...
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January 08,2022
The number of electricity meters nationwide has soared by 700,000 over the past eight months to surpass 38 million, a spokesperson for the Power Generation, Distribution and Transmission Company (...
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January 08,2022
A desalination plant is expected to be launched in Abadan, Khuzestan Province, in the near future to help address the pressing water problems of the southwestern oil city, said the director of...
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January 07,2022
Oil prices edged up on Friday, heading for their biggest weekly gains since mid-December, fueled by supply worries amid escalating unrest in Kazakhstan and outages in Libya.
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January 07,2022
Exports of gasoline have been suspended since May not only due to heavy domestic consumption but also owing to the rise in fuel smuggling, a member of the Iranian Oil, Gas and Petrochemical...
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January 07,2022
In the past 16 years, a total of 7,635 unauthorized water wells have been sealed in Isfahan Province, which helped save over 215 million cubic meters of water a year in the dry region, deputy of...
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January 04,2022
Heavy rainfall in the southern provinces in the past few days has damaged houses, bridges and power/water infrastructure, flooded streets and displaced people.
In the past three days, Konarak,...