Energy

Although peak electricity demand hour growth soared by 5% on average between 2008 and 2018, the figure has barely risen by 1% in the past two months compared to the average of the last ten years…

The unilateral US sanctions on Iran have not affected relations between Iraq and Iran, as trade ties in key sectors between the two neighbors continue as usual, Iraq's ambassador to Tehran said…

Iraq is close to reaching a deal with oil majors BP and Eni for an export pipeline project that was initially planned as part of a mega-deal with US energy giant ExxonMobil, according to five…

The International Energy Agency cut its global oil demand growth forecasts for this year and next on Friday, citing fears of an economic downturn as the US-China trade war casts a shadow over…

Followed by Qatar, Israel and Lebanon, Iran is ranked 4th on the list of countries with extremely high water risk.  The Tehran-based Persian-language economic newspaper Donya-e-Eqtesad, a…

Natural gas grid in western Kurdistan Province has expanded 300 kilometers over the past five months, managing director of the provincial gas company said. "Of the total extension, 120…

Water supply infrastructure is expanding in Yazd Province and $5 million was invested in new projects, managing director of the provincial Water and Wastewater Company said Tuesday. "Thirty…

An estimated 21 million people live in rural areas in Iran and less than 100,000 do not have access to electricity.  The issue is being addressed by the government, the operator for rural…

Studies are being undertaken for laying a pipeline to connect Kish Gas Field to refineries in South Pars Gas Field and Fajr Jam Gas Refinery in Bushehr Province, managing director of Pars Oil…

Despite the fact that electricity consumption growth shot up by 2.5% in 2018 compared to the year earlier, it fell by 2.6% in comparison with the average of the last ten years.

Oil prices rose on Monday after Islamic State militants said they had seized control of the key city of Ramadi in western Iraq, raising fears of deeper turmoil in the oil-producing country. Front-…

To boost production in the giant South Pars Gas Field in the Persian Gulf, stability of the gas grid will be raised by the end of this fiscal year in March 2020), managing director of the…

The second development phase of Bandar Abbas water desalination unit will be completed in September, Bandar Abbas governor in Hormozgan Province said. "Its capacity will double and reach 40,000…

Petroleum Development Oman, the largest oil and condensate producer in the sultanate, is on track to increase its output capacity by more than 10% to top 670,000 bpd in five years as it ramps up…

The project to supply water to Kerman City, in southern Kerman Province, will be completed in two months, the managing director of the National Water and Wastewater Engineering Company said.

A water treatment plant with a capacity of 1,200 cubic meters opened in underdeveloped Sarfaryab District in Charam County, Kohkilouyeh-Boyer-Ahmad Province, managing director of the provincial…

An estimated 4,500 energy-intensive agricultural units and households have been equipped with smart electricity meters (known as Faham in Persian) in the mountainous province of Kordestan, head…

The National Iranian Oil Company Exploration Directorate signed four research contracts with universities and knowledge-based companies in Mashhad, Khorasan Razavi Province.  The weekend…

Power outages during peak hours declined by 98% since March to July compared to the same period last year, the Energy Ministry’s spokesman for the power department said.

The wildest dream of the National Iranian Oil Refining and Distribution Company of self-reliance in gasoline production and export has finally come true. The company's output now exceeds…

The world’s biggest oil companies have been steadily shifting investments toward natural gas, driven by an emerging globally traded market and environmental concerns. But right now they are…

Hydropower production in the first quarter (March 21-June 20) of the current fiscal year has increased 415% compared to the same period last year.

The National Iranian Gas Company filed a lawsuit against Turkmengaz, the national gas company of Turkmenistan, last year in the International Court of Arbitration. Despite rumors in sections of…

Thirty-five projects, worth of $1 billion were launched in East Azarbaijan Province Thursday. Power production capacity has reached 81,700 megawatts from 62,000 MW six years ago, President…

To complete development project in Phase 13 of South Pars Gas Field, loading operations for the field's tripod for flare stack 'A' to be transferred and installed in the Persian Gulf were…