Energy

  • Power wastage in Tehran was 6.9% in 2018, but has now decreased to 6.5%. According to the Energy Ministry news portal, doing away with malfunctioning equipment, supply lines, utility poles,…

  • The volume of water in Lake Urmia has surpassed 4 billion cubic meters, up 39% compared to last year same time when it held 2.5 bcm of water, head of the provincial office of Urmia Lake…

  • Conventional water treatment methods (filtration and disinfection) used in drinking water networks across the country are functioning as designed and prevent all waterborne pathogens, head of…

  • Oil fell on Monday as an emergency rate cut by the US Federal Reserve failed to soothe global financial markets panicked by the rapid spread of the coronavirus, while a price war between top…

  • Oil’s rout may have been an unexpected boon for the biggest buyers of liquefied natural gas, but its knock-on effects may come back to bite them.

  • Natural gas consumption in the household sector fell by 61% over the last two weeks as many regions experienced a rise in temperature, head of the public relations office of the National Iranian…

  • Oil giant Saudi Aramco on Sunday posted a 21% decline in 2019 net profit due to a drop in oil prices and production, and said it plans to “rationalize” capital spending in the wake of the…

  • Despite regular warnings from the National Water and Wastewater Engineering Company of Iran (Abfa), high water consumption continues unabated across provinces.

  • The drilling rig of Phase 11 of South Pars Gas Field will be put on its jacket in a few months and drilling will begin in June. Phase 11 is scheduled to be developed in two integrated and…

  • Iran's engineering and energy giant, the Mapna Group, is manufacturing hydrogen-fueled gas turbines, which consume less gas to generate electricity and instead of hazardous emissions discharge…

  • Oil futures surged in aftermarket trading after Donald Trump said the US government will take advantage of low oil prices and buy "large quantities" of crude to fill the Strategic Petroleum…

  • Feeding thermal power stations with liquefied fuel (mazut) instead of natural gas from Dec 2019 to Feb 2020 is taking a toll on the plants’ overhaul operations, the Energy Ministry spokesman for…

  • The coronavirus pandemic has stoked concerns of a global economic recession as it spreads across the world, igniting one of the sharpest oil price plummets in the last 30 years and causing the…

  • The coronavirus outbreak has decreased the sale of gasoline at gas stations across Iran by a massive 50%, a board member of the Gasoline Station Owners' Association said. “Due to the noticeable…

  • Oil prices were set for their worst weekly drubbing since the 2008 financial crisis, despite eking out a 2% on Friday, as investors eyed evaporating demand from the coronavirus pandemic and a…

  • The project to collect associated petroleum gas at Amir Kabir Petrochemical Plant in Mahshahr, Khuzestan Province, is in the final stages. Upon completion by summer, the APG will be used as…

  • Russia stepped up its price war with Saudi Arabia by warning it can raise oil production, while also saying further cooperation with OPEC is possible. After the collapse of OPEC+ talks last…

  • Close to 630 megawatts of electricity was added to the national grid on Wednesday, raising overall installed capacity to 83,630 MW, head of Iran’s Thermal Power Plants Holding Company said.

  • Compressed natural gas consumption up until last week reached 24.4 million cubic meters per day, the deputy director of National Iranian Oil Refining and Distribution Company said.

  • Prices for spot liquefied natural gas cargoes imported into Japan, the world’s biggest buyer of the fuel, fell in February to the lowest since the country’s trade ministry started compiling data…

  • Water production in Tehran reached 17 million cubic meters per day between February 21 and March 1. According to ILNA, the figure shows a 3.5% rise (500,000 cubic meters/day) compared to same…

  • One of the important measures taken by petrochemical companies in the past several days to help fight the rapidly spreading coronavirus in Iran has been to increase production of javel water and…

  • Fuel cards that hold 360 liters of gasoline will not be charged from April, head of the Planning Department of the National Iranian Oil Refining and Distribution Company said. “Motorists can…

  • A small-scale power plant with distributed generation system in Marivan County, Kurdestan Province, will come online before the onset of the summer season, managing director of West Regional…

  • Iranian engineers have indigenized an important piece of equipment used in hydroelectric power plants, the deputy for operation affairs at Iran Water and Power Resources Development Company.