Khorasan Petrochemical Complex in North Khorasan Province produced 257,000 tons of chemical products in the first quarter of the current Iranian year (started March 21), which was up 58%…
Energy
The construction and installation of six hydrocarbon storage tanks at the Persian Gulf Bidboland Gas Refinery in the southern Khuzestan Province is expected to become complete by fall.
Tabriz Petrochemical Company in East Azarbaijan Province has set a record in polyethylene production. The polyethylene unit of the company produced 35,194 tons of high-density and low-density…
A new export terminal was officially inaugurated at Jask Port, Hormozgan Province, on Thursday, allowing Iran to export its crude oil beyond the Strait of Hormuz, and the export of the first…
The first phase of a project is underway to transfer desalinated water from Parsian Special Economic Energy Zone in southern Hormozgan Province in the Persian Gulf to Lamard Special Economic…
US investment bank Goldman Sachs said the OPEC+ agreement to boost oil supplies supports its view on oil prices and expects a modest “upside” from its summer forecast for Brent to reach $80 a…
The Persian Gulf Bidboland Gas Refinery in southern Khuzestan Province is planning to produce jet fuel, managing director of the refinery said. “A pilot project is underway to desulfurize…
Oil prices are sending mixed signals about the production-consumption balance in the second half of 2021 and early 2022, implying the market is currently tight but likely to see significantly…
The National Iranian Oil Company is ready to export crude oil from its new terminal at Jask off the Sea of Oman, the head of NIOC said.
More than 98% of the population in Tehran Province have access to natural gas, managing director of the provincial gas company said. “In the last Iranian year [March 2020-21], Tehran Gas…
OPEC forecast a gradual recovery in demand for its crude this year and next, as the group closes in on a deal to revive the production still shuttered since the pandemic. The need for supplies…
Water stored in Khuzestan Province’s dams has dwindled by a massive 5 billion cubic meters compared to a year ago, the head of Provincial Water and Electricity Company said. “Karkheh and Dez…
Mojen Dam in Shahroud County, Semnan Province, which overflowed two years ago due to good rainfall in the region, is currently about half empty. The dam has a capacity to hold 4.8 million cubic…
Borujen Petrochemical Park will be constructed in Chaharmahal-Bakhtiari Province to develop downstream industries, create employment and boost the southwestern province’s economy. The facility…
Transforming traditional wells into smart wells in Zanjan Province has helped reduce the extraction of underground water, the head of the provincial water company said.
Close to 200 parts used in Ramin Power Plant in Ahvaz, Khuzestan Province, have been repaired by technicians of the power station in the spring, managing director of the plant said. “In the…
The power station of Damavand Petrochemical Utility Plant in Asalouyeh, Bushehr Province, has been connected to the national power grid so that it can send its surplus electricity to the grid…
Oil prices fell on Friday, heading for their biggest weekly drop since at least May as expectations of more supplies spooked investors, with OPEC likely to add output to meet a potential revival…
Thermal power stations are operating at full capacity and their output has grown by 14% in the first four months of the current fiscal year (started March 21) compared with the corresponding…
The first well of Nasr 5 satellite platform in Sivand Oilfield in the Persian Gulf has become operational to help increase oil production in the field, managing director of the Drilling Company…
Tapping into seawater and developing desalination plants to quench the thirst in parched areas, especially in southern regions which have long been suffering from acute water paucity, remain a…
Tehran is losing the battle against land subsidence, as the earth sinks in some plains of the province by about 30 centimeters every year, and conditions are more critical in Shahriar and…
The center for development of downstream petroleum industry at the Research Institute of Petroleum Industry is producing lubricants for wellhead valves, director of the research center said.
Big power users, including automakers, steel complexes and cement factories who say load shedding will sound the death knell of their industry, want the government to pass regulations to help…
The output of Nouri Petrochemical Company in southern Bushehr Province increased by about 527,000 tons in the last Iranian year (March 2020-21) compared to the preceding year, which resulted in…
