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May 22,2021
The global oil demand has already increased to 95 million barrels per day and the market is rebalancing, according to the chief executive of the Abu Dhabi National Oil Company, Sultan Ahmed Al...
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May 22,2021
Researchers at Amirkabir University of Technology in Tehran, in collaboration with Bu Ali Sina Petrochemical Company in Mahshahr, Khuzestan Province, have designed and produced a more efficient...
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May 21,2021
Iran's once rich ecosystem has become a victim of ill-advised and harmful decisions in the past four decades and those in charge must be held accountable for the devastation of natural resources,...
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May 21,2021
Oil prices fell more than 2% on Thursday, marking a third day of losses, after diplomats said progress was made toward a deal to lift US sanctions on Iran, which could boost crude supply.
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May 21,2021
Ten petrochemical projects are underway and expected to be completed by 2022 to boost output to 100 million tons a year from the current 90 million tons, the oil minister said.
Addressing a...
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May 19,2021
A $70 million contract was signed between Sonqor Chemical Industries Company and two local firms to build Iran’s first methylamine plant, director of the Iranian Investment Petrochemical Group said...
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May 19,2021
With the onset of summer and rising power consumption rise in the capital, sporadic power cuts have started in Tehran, Alborz and Qom provinces, the spokesman for the Iran Power Generation,...
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May 18,2021
Oil rose on Tuesday to hit $70 a barrel for the first time since March, as expectations of demand recovery following reopening of the European and US economies offset concern over spreading...
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May 18,2021
Ten private companies in Hamedan Province have got permits from the Renewable Energy and Energy Efficiency Organization (Satba) to construct solar power plants in the western province, managing...
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May 18,2021
Following completion of a key oil export pipeline that bypasses the Strait of Hormuz, the National Iranian Oil Company will start exporting crude oil from its new terminal at Jask off the Oman Sea...
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May 18,2021
The knowledge-based Ati Iranian Composite Company has started manufacturing composite oxygen cylinders that weigh less and withstand higher gas pressure compared to the usual metal cylinders.
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May 17,2021
Oil prices were little changed on Monday, trading in a tight range as European economic reopenings offset gloom from surging Covid-19 cases in Asia, fresh restrictions and underwhelming Chinese...
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May 17,2021
Gas production in Khangiran Gas Field in Khorasan Razavi Province will increase by 1.4 million cubic meters per day by next March, managing director of the East Oil and Gas Production Company said...
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May 17,2021
Two small-scale photovoltaic power stations (2 MW capacity) have been synchronized with the national grid in Isfahan Province.
Located in Talkhuncheh, a city in Mobarakeh County, the plants were...
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May 17,2021
The National Iranian Oil Company signed an agreement with the domestic oil company Petropars to develop the Farzad B Gas Field in the Persian Gulf that is shared with Saudi Arabia.
The $1.8...
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May 16,2021
The first phase of Ibn Sina Petrochemical Company in Mahshahr, Khuzestan Province, will be launched in the near future to complete the butane value chain, managing director of the company said.
“...
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May 16,2021
Challenges in the face of water shortages in Iran have been long dubbed as a major crisis but the reality is that the country now is on the verge of water bankruptcy, the chairman of the Technical...
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May 16,2021
Oil extraction from the shared West Karoun block in southern Khuzestan Province has reached 420 barrels per day – a six-fold increase compared to 2013.
Quoting Oil Ministry data, IRNA said the...
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May 15,2021
Construction of two petrochemical plants to produce ethylene oxide (EtO) and ethylene propylene diene monomer (EPDM) rubber will begin in Andimeshk, Khuzestan Province, director of Iranian...
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May 15,2021
A project to drill oil in the Moghan Plain, Ardabil Province, will start by July, the project manager said.
“An onshore drilling rig owned by the National Iranian Drilling Company is on the way...
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May 14,2021
Navidsahand Company, a knowledge-based company in Tabriz, East Azarbaijan Province, has indigenized two advanced multistage centrifugal pumps used in the oil and gas industry, the managing director...
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May 14,2021
Nomad families have taken delivery of 60,0000 portable solar power generators in the last three years, the deputy head of Nomadic Affairs Organization said.
“Of the total 250,000 nomad households...
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May 14,2021
Oil prices fell on Friday after dropping about 3% a day earlier as coronavirus cases remained high in major oil consumer India and as a key fuel pipeline in the United States resumed operations...
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May 11,2021
Researchers and engineers at Atieh Pardazan Sharif Company, a knowledge-based firm, have manufactured a seawater electrochlorination system that can treat and disinfect saline water and provide it...
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May 11,2021
Construction of Khorramrud Dam in Tuyserkan County, Hamedan Province, has made 40% physical progress, the managing director of Hamedan Regional Water Company said.
“Built on a namesake river,...