Energy

The letter of association drawn up to clarify the terms of cooperation between OPEC and non-OPEC members is not binding and will not impact the half-a-century old organization. Oil Minister…

Norway’s Finance Ministry has asked  the government’s $1 trillion fund—the world’s biggest sovereign wealth fund—to recommend a schedule for phasing out its investments in pure exploration…

While China remains the world's largest producer of carbon emissions—where air pollution is still responsible for more than 1 million premature deaths a year—the Asian power is also the biggest…

Members of the Organization of Petroleum Exporting Countries should hold consultations among themselves first on oil policy before striking deals with producers outside the bloc, Oil Minister…

When thermal and combined-cycle power plants cannot meet the high electricity demand during the peak hours of summer when the temperature and consumption both shoot up, renewables can help…

In a new directive issued by the National Iranian Oil Products Distribution Company, car and motorcycle owners have been advised to use their fuel cards at least once by July 22. According to…

A wastewater treatment plant in Mahmoudabad Nemouneh City in Qazvin Province was launched on Sunday in the presence of Energy Minister Reza Ardakanian. Completed at a cost of $7.2 million, the…

The production of a single unit of bitcoin withdraws about 200 million rials ($1,400) in state subsidies, the Energy Ministry’s spokesman for the power department said.

Russian President Vladimir Putin said he agreed with Saudi Crown Prince Mohammed bin Salman to extend the OPEC+ deal at current production levels for the rest of this year and potentially into…

Kermanshah Oil Refinery has taken several measures to reduce its environmental pollutants and become one of the leading Iranian refineries for promoting environmentally sound practices in recent…

Expanding national gas grid in small towns and villages can help increase the wave of "reverse migration"—from bigger cities to nearby smaller towns and suburban areas. Mazandaran’s Governor…

Iran has delivered the first crude oil to a Chinese refinery complex since the United States removed all sanction waivers for Iranian oil customers as of May. According to TankerTrackers, a…

Rehabilitation of qanats should be put on the agenda and the issue, unlike in the past, has drawn the attention of the Energy Ministry, the agriculture minister said Tuesday. “The government is…

Power and water projects were launched Wednesday in western Lorestan Province. One supplies water to 96 villages in Aligudarz County, the energy ministry news portal Paven reported.

Amir Kabir (Karaj) Hydroelectric Power Plant has been reconnected to the national grid after a full overhaul, director of the dam said. “The 90 MW power plant started operations in 1961. It was…

Construction work is over on the first stage of the fourth phase of Persian Gulf Star Refinery in southern Hormozgan Province, chief executive officer of the National Iranian Oil Refining and…

Power consumption in Iran is among the highest in the world, but its growth has slowed down in the past two years, said the energy minister.

Providing 80 million people food has been made possible largely due to the existence of dams across the country, the energy minister says. In a talk with ILNA, Reza Ardakanian referred to the…

For the first time since the Industrial Revolution, Britain is obtaining more power from zero-carbon sources than fossil fuels. The milestone has been passed for the first five months of 2019.…

Water consumption in Tehran surged by 5% in the past three months (March 21 to June 21) compared to the corresponding period last year, the managing director of Tehran Province Water and…

Electricity consumption reached a peak of 55,000 megawatts on Sunday, the highest in the current fiscal year that started in March and close to the 55,500-MW mark registered in the 2017 fiscal…

International cooperation on crude production has helped stabilize oil markets and is more important now than ever, Russian Energy Minister Alexander Novak said Monday.

Water-intensive lifestyle, lack of long-term plans to efficiently use the limited water resources, inadequate investment to develop water infrastructure and sacrificing national interest at the…

Oil tanker owners are raising the prices they charge to export Middle East crude as tensions surge in a region that accounts for about a third of all seaborne petroleum shipments.

Canada’s Senate passed last week two controversial bills restricting the movement of oil tankers off the northern coast of British Columbia and overhauling the assessment process for oil…