A new photovoltaic power station in Hamedan Province was synchronized with the national power grid on Thursday. Located in Kabudarahang County, the 7 MW unit was built by a private company at a…
Energy
UK-based supermajor BP has withdrawn from the Kirkuk oilfield in northern Iraq after its field study contract expired, and no deal was signed for a potential expansion, likely because of…
To curb air pollution and reliance on fossil fuels, Iran’s Oil Minister Bijan Namdar Zanganeh has set forth a plan to convert carbureted motorcycles into using compressed natural gas (CNG).
Oil prices eased on Wednesday, extending declines as the International Energy Agency forecast a market surplus in the first half, helping ease concerns about disruptions that have slashed Libya’…
To help improve the quality of low-sulphur fuels and its compliance with the International Maritime Organization’s new rules (sulphur content no more than 0.5%) took effect on Jan 1, a refinery…
Petrochemical companies in Iran can export only after domestic needs are met, managing director of the National Petrochemical Company said.
Heavy rains from the beginning of the current water year in September have significantly boosted water levels in hydroelectric dams. Dams across Iran can hold a maximum of 50 billion cubic…
The second and third units of Daran Wastewater Treatment Plant in Faridan County, Isfahan Province, are near completion and will come online soon, managing director of the provincial Water and…
Natural gas supply has increased by 75 million cubic meters a day since Nov 2019, dispatching director of the National Iranian Gas Company said. “NIGC is now delivering 850 mcm of gas per day…
The first gas unit of Hengam Power Plant in Bandar Abbas, Hormozgan Province, with 307-megawatt capacity will come online in February, managing director of Iran's Thermal Power Plants Holding…
Oil prices rose to their highest in more than week on Monday after two large crude production bases in Libya began shutting down amid a military blockade, setting the stage for crude flows from…
The pattern of power exports over the past three years is worthy of appreciation because, among other things, it indicates judicious domestic electricity consumption. Consumption declined by an…
Gas consumption in the household sector is expected to surpass 600 million cubic meters (per day) as cold spell is sweeping across many regions, head of the public relations office of the…
Worldwide oil demand forecasts may be lower than in previous years, but OPEC Secretary-General Mohammed Barkindo said Friday to CNBC that demand growth is still “robust” and could surprise to…
The start-up of the massive Johan Sverdrup oilfield sent Norway’s oil production rising to a nine-year high in December 2019, beating the authorities’ forecast by 12.7%, data from the Norwegian…
The sharp rise in household gas consumption due to the cold weather has resulted in cutting gas supply to other sectors, including cement factories and power plants. In the past week feedstock (…
A whopping 3 billion cubic meters of water evaporates annually from dams nationwide, head of water technology development workgroup at the Presidential Office for Science and Technology said.
Oil prices edged higher on Friday but were set to end the week broadly steady as sluggish economic growth in China, the world’s biggest crude importer, raised concerns about fuel demand and…
Iran will have produced $215 million worth of catalysts for the petrochemical industry by 2022, managing director of the Petrochemical Research and Technology Company said. “PRTC is striving to…
Reports on the progress of the huge petrochemical industry in Iran are regularly fed into by the media in and outside the country.
China’s crude oil imports in 2019 surged 9.5% from a year earlier, setting a record for a 17th straight year, as demand growth from new refineries built last year propelled purchases by the…
Venezuela’s state-owned oil firm PDVSA is moving to market its crude oil overseas by enlisting its joint venture partners, including US supermajor Chevron, to sell cargoes to buyers in Asia and…
The second phase of Takht-e-Jamshid Petrochemical Plant in Mahshahr, Khuzestan Province, was launched Tuesday. It will produce 73,000 tons of polybutadiene rubber (PBR) and 20,000 tons of latex…
Electricity generated in Manjil wind farm in Gilan Province (with an installed capacity of 90 megawatts), surged 80% in 2019 compared to the year before, head of the provincial power company…
An estimated 1.5 billion cubic meters of water is consumed in Tehran Province annually, of which 25% or 30 million cubic meters/year is used by households that illegally tap into the water mains…
