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April 18,2020
Oil fell below $19 per barrel in New York after a wave of gloomy demand forecasts and a cratering physical market outweighed an unprecedented deal to cut output.
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April 18,2020
A Saudi Arabian oil official on Saturday refuted the conclusion of an analytics firm that the country’s oil exports to the US dramatically increased in the last month.
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April 18,2020
While hydroelectric power plants in Tehran Province set a record last year, these are expected to have normal output this year, head of hydropower installations at Tehran Regional Electricity...
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April 17,2020
OPEC expects demand for its crude will fall to the lowest in three decades as the coronavirus outbreak freezes the global economy, underscoring the urgency of its promised production cuts.
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April 17,2020
The third steam unit of Parand Combined-Cycle Power Plant in south Tehran was connected to the national power network on Thursday, raising total production capacity to 83,800 megawatts, deputy...
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April 15,2020
Hook up operations on offshore decks of phase 13 (SPD 13A and 13C) of South Pars Gas Field in the Persian Gulf have been delayed due to problems created by the coronavirus, managing director of...
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April 15,2020
There is currently no evidence that the coronavirus can penetrate and infect underground water resources, director of the Tehran-based National Water and Wastewater Engineering Company of Iran (...
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April 14,2020
President Hassan Rouhani will open three wastewater treatment plants in southwest and west of Tehran Province via video conference this week.
Built at a cost of $30 million, the projects will...
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April 14,2020
Oil prices rose more than 1% on Tuesday after the main US energy forecasting agency predicted shale output in the world’s biggest crude producer would fall by the most on record in April, adding to...
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April 14,2020
Export of oil, gas and petrochemicals, which were suspended temporarily in March due to outbreak of the novel coronavirus, has resumed as before the respiratory illness struck, a spokesperson for...
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April 13,2020
Heavy rainfall since the beginning of the current water year last September and especially in the past several days has increased the volume of water stored in dams.
According to news data from...
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April 13,2020
Routine overhaul of thermal power plants has not been impeded by the coronavirus outbreak and projects are on schedule, the Thermal Power Plants Holding Company deputy for renovation affairs said...
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April 13,2020
With the coronavirus choking fuel demand and the world awash in surplus crude, even the Middle East’s main oil-trading hub has run out of room to store unwanted barrels.
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April 13,2020
Oil prices rose on Monday after major producers finally agreed their biggest-ever output cut, but gains were capped amid concern that it will not be enough to head off oversupply with the...
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April 12,2020
The flow of Iranian natural gas to Turkey that was disrupted 14 day ago (due to a pipeline explosion) has not resumed, director of dispatching at the National Iranian Gas Company said.
“Unlike...
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April 12,2020
The Goureh-Jask crude oil pipeline project has not been hurt by the spread of the novel coronavirus and operations are ongoing, said the managing director of the Petroleum Engineering and...
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April 12,2020
Republican US senators from oil states who recently introduced legislation to remove American troops from Saudi Arabia said on Saturday they had spoken with three officials from the kingdom and...
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April 12,2020
Iran’s petrochemical industry is on the frontline of fighting the coronavirus since the past two months, taking measures to help prevent and control the novel virus.
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April 11,2020
Raising electricity export is important because it helps ensure security (near the borders) and begets Iran higher bargaining power in negotiations in regional and international trade, vice...
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April 11,2020
The pace at which groundwater resources are depleting has become a serious source of concern and a preventive measure crucial in this regard should be battling illegal water wells.
Head of water...
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April 11,2020
The president of Mexico -- the lone holdout in an OPEC deal to cut crude production and shore up prices -- said Friday that he has reached a deal with the US president to reduce oil output.
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April 10,2020
Protecting the environment is a priority for Shahid Tondgooyan Petrochemical Company in southwest Iran, the managing director said.
Although increasing output is important, saving water and...
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April 10,2020
Declining Caspian Sea levels (1.5 meters since 1995) has exacerbated loss of territorial waters in Iran, the operator of an international plan to monitor variations in the Caspian Sea water level...
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April 10,2020
A historic production cut agreement between OPEC and its allies, known as OPEC+, hit a roadblock after Mexico refused to agree to its share of the cuts after a marathon meeting between the oil-...
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April 07,2020
Oil and gas companies including the National Iranian South Oil Company, a subsidiary of the National Iranian Oil Company, are doing their fair share in helping degrade and defeat the coronavirus,...