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January 06,2021
Oil prices rose on Wednesday to their highest since February 2020 after Saudi Arabia agreed to reduce output more than expected in a meeting with allied producers, while industry figures showed US...
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January 06,2021
So long as cars can run on compressed natural gas, liquefied petroleum gas (LPG) should be used for more useful purposes, head of the Iran CNG Association said.
“Iran has some of the world’s...
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January 06,2021
With the launch of water supply projects to 137 villages in Markazi and Fars provinces on Tuesday, the number villages with piped water has surpassed 12,100, the energy minister said.
In the past...
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January 05,2021
South Pars Gas Field Phase 14 onshore refinery will go on stream by mid-2021, project manager of the phase said.
“Units including steam boilers and gas condensates storage facilities have become...
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January 05,2021
The state-run Iran Power Generation, Distribution and Transmission Company (Tavanir) says the national grid cannot take loads higher than 40 gigawatts in winter.
Mostafa Rajabi Mashhadi, a company...
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January 04,2021
Fossil fuel is on its way out. Most countries, even oil-rich states are slowly but steadily shifting to green power as they grapple with the scale and scope of ecological disasters (climate change...
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January 04,2021
The National Petrochemical Company has plans to lift added value and help curb oil export, director of projects at the NPC said.
Nineteen projects will come on stream by the end of the next...
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January 04,2021
The parliament cut the government's oil export forecast in the next fiscal budget from 2.3 million to 1.5 million barrels a day, head of the energy committee of the Majlis Budget Integration...
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January 04,2021
As one of the most tumultuous years in oil’s history ends, a delicate task now confronts OPEC+.
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January 03,2021
Construction of a loading pier for LPG export, at Tombak Port, approximately 50 kilometers north of the port of Asalouyeh in Bushehr Province, is almost complete, managing director of Pars Oil and...
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January 03,2021
Concurrent with the final construction phase of Azad Dam in Kurdistan Province, executive operations for transferring water from the dam to Sanandaj Water Treatment Plant will start by the end of...
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January 02,2021
With the completion of 40 rural water supply projects in Markazi Province, water problems in 74 villages with 300,000 people have been resolved, managing director of the provincial Water and...
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January 02,2021
The gas unit of Hengam Power Plant in Bandar Abbas, southern Hormozgan Province, the first of its kind in the country to have an indigenized F-class gas turbine, has started operation, director of...
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January 02,2021
In the first seven months of the Iranian calendar year (ends in March) more than $1.4 billion worth of gasoline was exported to Iraqi Kurdistan, Afghanistan, Pakistan, Armenia and some African...
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January 01,2021
Twenty six power and water projects were officially inaugurated in four provinces on Thursday. Costing over $100 million, four were in West Azarbaijan in the northwest, nine in Isfahan, 10 in...
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January 01,2021
The National Iranian Drilling Company, a subsidiary of National Iranian Oil Company, undertakes most drilling operations in the country and drilled 4,724 onshore and offshore oil and gas wells in...
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December 30,2020
According to the Climate Change Performance Index, Iran is third out of 61 countries that had the worst performance in fighting global warming in 2020.
Placed 59th, Iran is among the worst...
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December 30,2020
Kavian Petrochemical Company in the Pars Special Economic Energy Zone in Asalouyeh, Bushehr Province, is the main injector of ethylene to the West Ethylene Pipeline and plays an important role in...
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December 30,2020
Oil gained ground on Wednesday on the back of a weaker dollar, a decline in US crude oil inventories and as Britain approved another coronavirus vaccine, but both benchmark contracts were set to...
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December 30,2020
The LNG market enters 2021 with reports of a South Korean company planning to use LNG-cooled warehouses for bulk storage of Covid-19 vaccines as conventional cold distribution chains could be...
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December 29,2020
Energy Minister Reza Ardakanian held talks with Iraqi officials in Baghdad on Tuesday including the Minister of Electricity Majid Mahdi Hantoush.
The two sides discussed issues of mutual interest...
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December 29,2020
Watershed management projects have been carried out for almost one million hectares in 10 flood producing provinces in 12 months, head of Flood Control and Watershed Management Department at the...
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December 28,2020
The Ministry of Energy owes $80 million to combined heat and power plants this year, the head of Iran CHP Association said.
Small-scale power plants are among the cheapest sources of electricity...
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December 28,2020
The idea of a pipeline stretching from Iran's gas-rich southern regions to Pakistan was an imprudent decision from the outset as most gas-based industries in Pakistan are located in the east of...
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December 28,2020
Oil prices edged higher on Monday after Donald Trump, the embattled outgoing US president, signed a $2.3 trillion coronavirus aid and spending package, although lingering worries about near-term...