Energy

Despite the pattern of decline in water discharged into the Hamoun Wetlands from Helmand River in Afghanistan, recovery efforts have helped partially revive the imperiled wetlands in Sistan-…

Iran’s Thermal Power Plants Holding Company said it has  plans to phase out power plants with low efficiency (20%), and two ageing power stations in Tehran, namely Tarasht and Rey, could be…

Geological studies show water shortages in Iran will get worse due to waste and rising consumption. How to manage the rapidly dwindling resource has become a nightmare for policymakers and…

Installed capacity of renewable energy in Iran had a 4-fold increase in the past five years. In 2015, the capacity of new energy sources was 200 megawatts. It reached 800 MW in 2019, the Energy…

Renewable installations are set to fall this year due to the impact of the coronavirus pandemic, the International Energy Agency said Wednesday. The IEA’s Renewable Market Update report…

Oil prices rose slightly on Tuesday amid signs that producers are cutting output as promised just as demand picks up, stoked by more countries easing out of curbs imposed to counter the…

Gas supply projects are underway in the southeast regions, managing director of Iranian Gas Engineering and Development Company, a subsidiary of National Iranian Gas Company said.

Crude oil production in the seven major US shale basins will fall by a record 197,000 barrels per day next month, the Energy Information Administration said. Production in the seven most…

Water loss in the earth's largest inland body of water has worsened substantially since 1995 and is expected to continue in the foreseeable future due to rising temperatures associated with…

Oil rose above $30 a barrel on Monday for the first time in two months as producers in the US and elsewhere continued to cut output. Futures in New York climbed about 5.6%, rallying ahead of an…

Electricity export from Iran s to neighboring countries shot up by 27.6% last year (March 2019-2020) compared to the year before, reaching more than 8 billion kilowatt hours – almost six times…

Crude oil and byproducts supply chain has expanded by 512 kilometers in the last 12 months. The 26-inch 292-km Arak-Qom-Tehran pipeline plus the 14-inch 220-km Tabriz-Urmia are now operational…

Pressure reduction has gradually started in South Pars Gas Field Phase 12 and could extend other phases within five years, managing director of Pars Oil and Gas Company said Sunday.

The value of oil, gas and petrochemical exports has declined due to upheavals in the international oil market caused by the coronavirus. The massive quarantines and market closures worldwide…

Oil markets are rebalancing after a collapse in demand following the coronavirus outbreak but the pathway to “the next normal” is still very uncertain, the CEO of Abu Dhabi’s National Oil…

Work on a pipeline to supply recycled wastewater to industries in Yazd Province will be completed by next March, managing director of Yazd Regional Water Company said.

Close to 1,800 megawatts will be added to the national grid next month to help meet rising demand in summer, managing director of Iran's Thermal Power Plants Holding Company said. “Thermal…

OPEC is cautiously optimistic that the worst of the oil crisis triggered by the coronavirus pandemic is over, said the group’s top official.

Projects are underway in Tehran to help get out of the critical conditions it is facing due to land subsidence,  director of Tehran Regional Water Company said.

Oil rose as Saudi Aramco slashed its sales to key buyers and the IEA said that the market is showing signs of improving. Futures in New York added as much as 4.4%. Saudi Aramco cut sales to the…

A strong wave of coronavirus resurgence in the southern oil province of Khuzestan has not hampered crude production, the National Iranian Oil Company's deputy managing director for planning…

Gasoline inventories are full and the National Iranian Oil Refining and Distribution Company needs to export the fuel, a spokesman of the Petroleum Products Exporters Union said. “Gasoline…

Electricity prices in Japan are hitting the lowest possible, effectively zero, with increasing regularity as the coronavirus pandemic slows industrial activity and renewable energy supplies such…

Power outages during peak hours almost ended in 2019 and a similar trend is forecast this year, managing director of Iran's Thermal Power Plants Holding Company said.

While the global oil market remains in a dire situation, it is starting to look like the nightmare scenario envisioned for the past month might just be averted. The industry feared a flood of…