A methanol production unit of Apadana Petrochemical Plant will come on line in 2021, the managing director told reporters on Monday. “Under license of the Swiss company Casale, the project has…
Energy
The Energy Ministry has paid $900 million of its debt to private contractors over the past nine months. Reza Ardakanian, the energy minister, made the statement in the opening ceremony of the…
The National Iranian Gas Company and Iran Power Generation, Distribution and Transmission Company (Tavanir) have been instructed in the next fiscal budget (March 2020-21) bill to install…
The government’s Economic Council has approved a proposal by the Oil Ministry based on which the state-owned National Iranian Oil Products Distribution Company has been tasked with helping…
President Hassan Rouhani said Sunday the country has become self-sufficient in the production of natural gas, gasoline and diesel and has started exporting the three fuels.
China’s crude oil imports hit a record high on a daily basis in November, as refiners operated at high run rates to use up annual import quotas. The world’s top oil buyer imported 45.74…
A 10 megawatt photovoltaic power plant built by GEP (a South African solar power developer) in the town of Khusf, South Khorasan Province was synchronized with the national power grid on…
Japan Cooperation Center for the Middle East will collaborate with Iran to hold training courses and seminars in the field of energy next year, the energy minister’s advisor for international…
Despite the drawbacks and mounting grievances about the sudden gasoline rationing plan, the new policy would help the National Iranian Oil Company not to import gasoline in the foreseeable…
OPEC and its allies (OPEC+ including Azerbaijan, Bahrain, Brunei, Kazakhstan, Malaysia, Mexico, Oman, South Sudan and Sudan) led by Russia agreed to cut output by an additional 500,000 barrels…
Oil gained on Wednesday ahead of meetings this week where OPEC and its allies are expected to extend production curbs to support the market, while industry data showing that US crude stockpiles…
Exports from South Pars Gas Field off the Persian Gulf in the eighth month of the fiscal year (Oct. 23-Nov. 23) increased by 39% in volume compared to the same period last year, head of the…
As per a government proposal, schools that use water and electricity within a certain limit will be exempt from paying bills in the next fiscal year (March 2020-21), the energy minister said…
Cooperation between Iran and Azerbaijan has improved in recent years, especially in the energy sector, First Deputy Prime Minister of Azerbaijan Shahin Mustafayev said Tuesday in a meeting in…
Tajikistan’s minister of energy and water resources has appreciated the presence of Iranian companies in power and water projects in his country, and invited Iranian private firms to participate…
Oil prices edged higher on rising expectations of deeper output cuts when OPEC and its allies meet this week, although skepticism about a deal among some analysts limited the gains. Brent…
Iran is exporting its oil despite the new US sanctions, the first vice president said Monday, adding that Washington’s “maximum pressure” on Tehran has failed.
Transferring water from the Caspian Sea to Semnan Province would destroy the pristine nature in the region and convert it to another industrial zone like Yazd and Isfahan that have been…
Ecuador may renege on its decision to quit its OPEC membership, according to anonymous sources cited by S&P Global Platts, which was supposed to take effect January 1, 2020.
OPEC and its allies plan to deepen oil cuts and have the deal in place so it runs at least until June 2020 as Saudi Arabia wants to deliver a positive surprise to the market before the listing…
Gas flaring in Forouzan Oilfield in the Persian Gulf will come to an end in December, managing director of Kharg Petrochemical Company said.
According to the sixth Five Year Economic Development Plan (2017-22), renewable energy should comprise 5% of the total power capacity; however, this share is hardly 1% indicating that expansion…
An estimated 3,000 energy-intensive agricultural units and households have been equipped with smart electricity meters (known as Faham in Persian) in the mountainous province of East Azarbaijan…
Sixty desalination plants produce 250,000 cubic meters of water per day in the coastal regions, namely Khuzestan, Hormozgan and Bushehr, deputy chief engineer with the National Water and…
The first phase of Darab Water Treatment Plant in Darab County, Fars Province, with production capacity of 150 liters per second was launched at the weekend. Costing $10 million, the…
