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November 19,2019
Close to 70% of catalysts for key items in Arvand Petrochemical Complex in southern Khuzestan Province is produced by the local firms, managing director of the company said.
“Long-term contracts...
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November 19,2019
Saudi Arabia’s crude oil exports dipped to a 22-month low of 6.67 million bpd in September when the kingdom’s oil infrastructure was attacked that knocked off 5% of global daily supply for weeks...
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November 18,2019
Dams in the southwestern and southern regions are ready to control possible floods forecast for the weekend.
According to the Energy Ministry’s news portal, storage capacity of dams in Khuzestan,...
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November 18,2019
The 10th meeting of board of governors of the Regional Centre for Urban Water Management will be held in Tehran on December 5.
Organized under the auspices of UNESCO, the meeting will be attended...
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November 18,2019
Several power and water projects were launched in the northern Semnan Province Monday. A 400 kV substation and 10 km of transmission line were inaugurated in Eyvanki District of Garmsar County, the...
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November 18,2019
Oil prices were little changed on Monday following steady gains in the previous week with investors awaiting fresh clues over prospects for a trade deal between the United States and China,...
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November 17,2019
Iranian Gas Transmission Company is set for stable supplies this winter, the managing director said.
“With the completion of all development projects and routine repairs in the national network,...
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November 17,2019
Compressed natural gas stations are ready to provide at least 40 million cubic meters of fuel a day, head of the Iran CNG Association said.
“Now that CNG is three times (30%) cheaper than gasoline...
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November 16,2019
A total of 75,000 diesel wells will be electrified in the next three years, the program manager for developing electricity network for agricultural wells said.
“The project will help save 750...
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November 16,2019
Four Iranians won awards at the 5th International Invention Fair, which was a part of the 2019 Bitgaram International Exposition of Electric Power Technology (BIXPO 2019), held in Gwangju, South...
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November 16,2019
Oil Minister Bijan Namdar Zanganeh says the latest rationing and doubling of gasoline that started on Friday (Nov. 15) will increase annual government revenues by $2.5 billion that will be used...
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November 15,2019
Oil prices gained on Friday after OPEC’s forecast for oil demand next year fueled hopes that the producer group and allies will maintain supply cuts when they meet to discuss policy on output next...
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November 15,2019
Construction of a 100-megawatt solar power plant started in Semnan on Wednesday.
Built on 15,000 hectares of land by the private sector, the first phase of Shahid Hamid Bakeri photovoltaic station...
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November 15,2019
The Organization of Petroleum Exporting Countries and its allies face stiffening competition in 2020, the International Energy Agency said Friday, adding urgency to the oil producer group’s policy...
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November 15,2019
The National Iranian Oil Products Distribution Company (NIOPDC) announced Friday that gasoline has been rationed and prices raised by at least 50%.
“Private car owners can buy 60 liters of...
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November 13,2019
Global oil demand will hit a plateau around 2030 as the use of more efficient cars and electric vehicles ends an expansion that dominated the past century, the International Energy Agency predicts...
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November 13,2019
Petrochemical revenues have risen notably in the last four decades -- from $200,000 in 1976 to $17 billion in 2018, head of the National Petrochemical Company said.
“Sale of petrochemicals, both...
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November 13,2019
To fast track gas production from South Pars Gas Field in the Persian Gulf, offshore platforms of phases 23 and 24 were installed on Wednesday.
Deck 23 and the satellite rig 24B, each weighing 2,...
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November 12,2019
Replacing old and outdated power plants, namely the Rey power station in south Tehran, is a compulsion.
Power plants with a combined production capacity of 3,000 megawatts have long outlived their...
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November 12,2019
In line with plans to attract investments for green energy projects, the private sector has been authorized to export electricity generated via renewables, head of Renewable Energy and Energy...
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November 12,2019
More than 220 major power and water projects worth $3 billion will come on stream by the end of the current fiscal (March 2020), the Energy Minister said Monday.
“Nine thermal power plants and 28...
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November 12,2019
Despite a marginal decline in overall crude oil exports, Iraq has boosted the sales of its crude to top Asian importers China and India since late September, as the confusion over the return of...
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November 11,2019
Renewable energy sources in Iran generated over 4.3 billion kilowatt hours of electricity since 2009.
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November 11,2019
Oil prices fell more than 1% on Monday amid concerns over the prospects of a trade deal between the United States and China, while worries about oversupply also weighed on the market.
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November 11,2019
Following the announcement of a huge oil field discovery in the southwest at the weekend, Oil Minister Bijan Namdar Zanganeh said Monday that the new oilfield in Khuzestan Province has been named ‘...