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April 26,2023
Following the implementation of development plans last year (March 2022-2023), Karoun Oil and Gas Production Company increased its oil output by 340,000 barrels per day.
The company’s oil output,...
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April 26,2023
Oil rose on Wednesday after plunging more than 2% in the previous session, as reports of falling US crude oil and fuel inventories refocused investors on robust demand in the world's top oil...
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April 26,2023
Three aviation fuel stations are under construction in Kalaleh in Golestan Province, Parsabad in Ardabil Province and on Abu Musa Island in Hormozgan Province, the head of the Airplane Refueling...
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April 25,2023
To help collect associated petroleum gases from western oil and gas fields, Iran’s first natural gas liquid plant, named NGL 3200, has been completed and will be launched soon in Khuzestan Province...
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April 25,2023
In the current fiscal 2023-24, one petrochemical project on average will be launched across the country per month, the managing director of the National Petrochemical Company said on Monday.
“With...
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April 25,2023
Iran’s Oil Minister Javad Owji and Russian Deputy Prime Minister Alexander Novak, as the heads of Iran-Russia Economic Commission, held phone talks on Monday and discussed bilateral cooperation in...
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April 24,2023
Plans are underway to build 24 thermal units by September to meet rising demand during the upcoming summer.
The construction of new units will help add over 7,000 megawatts to the current thermal...
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April 24,2023
Oil prices fell more than 1% on Monday as concerns about rising interest rates, the global economy and the outlook for fuel demand outweighed support from the prospect of tighter supplies on OPEC+...
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April 24,2023
Takhte Jamshid Petrochemical Company in Mahshahr, Khuzestan Province, has registered an impressive rise in output in the first six months of the fiscal year ending Sept. 22.
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April 24,2023
Executive operations for the construction of an arsenic removal facility in the northwestern province of Ardabil have started, deputy director of Planning and Development Department at the...
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April 23,2023
A substantial reduction in gas supply to petrochemical plants, the sale of more goods in Iran Mercantile Exchange and a price slump in international markets have reduced the petrochemical sector’s...
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April 23,2023
An 8-megawatt combined heat and power (CHP) plant was inaugurated in Rouyparvar Industrial Town in Zanjan Province, managing director of the provincial power company said.
“The cogeneration plant...
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April 23,2023
The maintenance and modernization of the Dez Hydroelectric Power Plant located near Dez Dam in Khuzestan Province is underway to increase its capacity and prepare for the hot summer when power...
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April 19,2023
Oil dropped on Wednesday as the market weighed potential interest rate hikes from the US Federal Reserve that could slow growth and dampen oil consumption, offsetting falling US inventories and...
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April 19,2023
The last stage of the production test in Jofeir and Sepehr oilfields in Khuzestan Province was successfully completed on Tuesday, the managing director of Pasargad Energy Development Company said...
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April 19,2023
Arya Sasol Polymer Company plans to increase its output and sales in the current fiscal year (March 2023-24), the managing director of the company said.
“Last year, 1.084 million tons of products...
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April 19,2023
The Iranian Parliament’s unwise decision to abolish the law on implementing Daylight Saving Time (DST) in spring and fall is expected to raise electricity demand during peak hours by at least 2,000...
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April 18,2023
A biogas power station for units 5 and 6 of South Wastewater Treatment Plant in Tehran was inaugurated on Tuesday.
It has two generators for the simultaneous production of electricity and heat...
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April 18,2023
Bandar Imam Petrochemical Company in Mahshahr, Khuzestan Province, plans to invest in oil and gas fields for procuring sustainable feed to increase its output and profit in the next five years, the...
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April 18,2023
Bandar Abbas Oil Refinery in Hormozgan Province has launched development plans to turn into a petro-refinery, one of which is to become a major petroleum coke producer, the managing director of the...
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April 17,2023
Upon the completion of projects to supply gas to villages in Kermanshah Province last year (March 2022-23), about 90% of rural regions in the western province are now connected to the national gas...
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April 17,2023
To temporarily redress the growing imbalance between gasoline and diesel supply and demand, the government has started to import fuels, spokesman for the Majlis Energy Commission said.
"Although...
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April 17,2023
Oil prices were steady on Monday as investors awaited Chinese economic data for signs of demand recovery in the world's second-largest oil consumer.
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April 17,2023
Several petrochemical and refining projects are underway in Gachsaran County in Kohgilouyeh-Boyerahmad Province to make the county an energy hub in western Iran, the provincial governor said.
“The...
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April 16,2023
The second unit of Karaj Wastewater Treatment Plant in Alborz Province is near completion and will come on stream by September, the managing director of the provincial water and wastewater company...