Energy

  • Operations to increase output from Sa’adatabad Oilfield, in southern Fars Province, started Wednesday, with $18.7 million investment, managing director of the Central Iranian Oil Fields Company…

  • Iran is willing and ready to invest in the development of Nagapattinam refinery in Southern Tamil Nadu state, a senior Iranian diplomat said in New Delhi on Wednesday. “We have announced our…

  • The International Energy Agency is "significantly" concerned about geopolitical tensions, including in the Strait of Hormuz, but oil markets are currently well supplied and unlikely to see "huge…

  • French utility EDF could shut down production at its 2,600 megawatt capacity Golfech nuclear power plant in the south of France from July 23, due to the high temperature forecast on the Garonne…

  • So long as gasoline is not rationed, the plan to use bank debit cards as fuel cards is pointless and will not be implemented for now, the National Iranian Oil Products Distribution Company…

  • Oil prices on Wednesday regained little ground lost in the previous session, weighed down by industry data suggesting US crude inventories fell less than expected.  West Texas Intermediate…

  • Iran has great potential for leading the water sector entrepreneurship in the region, co-director of Cewas, a Swiss non-profit association involved in improving business practices in water and…

  • Increasing crude oil refining capacity can be seen as a viable option to help evade US sanctions in the short term, says a senior consultant and manager for the Middle East oil research…

  • A 5 megawatt photovoltaic power station was connected to the national power grid in Khorasan Razavi Province. Built over 11 hectares in the deprived border town Khaf, it is the 11th solar farm…

  • Energy consumption and wastage have overtaken production and supply and Iran could become an energy importer despite its abundant energy resources, managing director of the Industrial Management…

  • The Oil Ministry is at the forefront of fighting the US sanctions, but some power circles criticize it under the name and banner of protecting national interest.

  • Tens of thousands of ships sailing the world’s oceans burn more than 3 million barrels of sludge-like high-sulfur fuel every single day. But, starting next year, the shipping industry will have…

  • Oil prices slipped on Monday after China posted its slowest quarterly economic growth in at least 27 years, reinforcing concerns about demand in the world’s largest crude oil importer. Brent…

  • The plan to resume the use of fuel cards by car owners will come into effect in August with the aim of curbing fuel smuggling that has taken a turn for the worse over the past months. 

  • Legalizing cryptocurrency mining would help the power sector, head of the board of directors of the  Power Generation Companies Syndicate said Monday.

  • Two steam units of Shirvan Combined Cycle Power Plant in Shirvan County, North Khorasan Province, were launched Sunday in the presence of President Hassan Rouhani. The two units, with a…

  • The Renewable Energy and Energy Efficiency Organization—a subsidiary of the Energy Ministry also known as Satba—was founded to help promote green energy but has failed in its mission, said an…

  • The local PET market has stabilized as the supply has increased compared to last year, secretary general of the Association of Petrochemical Employers Unions said.

  • The National Iranian Gas Company and its affiliates are capable of playing a role in Iraq's untapped natural gas market. Morteza Bahiyeh, head of Iraq's Babil Province Chamber of Commerce and…

  • Tehran recorded the highest daily water consumption in its history last Friday, the managing director of Tehran Province Water and Wastewater Company said. "Water consumption in the megacity…

  • To further boost output from South Pars Gas Field in the Persian Gulf, the third offshore deck of the field’s Phase 14 was installed on Saturday, the development manager of the phase said.

  • So long as Tehran is grappling with the unending and hostile US economic sanctions, criticizing the government, especially the Oil Ministry and its subsidiaries, is not called for because it…

  • Surging US oil output will outpace sluggish global demand and lead to a large stocks buildup around the world in the next nine months, the International Energy Agency said on Friday. 

  • China’s efforts to reduce some of the world’s worst air pollution are having a bonus positive effect, as they are improving the country’s potential to generate solar power by allowing more…

  • One major issue in water management in Iran is the exploitation of groundwater resources, and an important measure taken in this regard is the unending struggle against illegal water wells.…