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June 20,2020
Routine overhaul of power plants is over and there is no problem supplying electricity with the current rates of consumption. But if power use exceeds 60,000 megawatts, there is a possibility of...
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June 20,2020
Growth in energy demand was declining even before the coronavirus pandemic spread globally, keeping consumers under lockdown and sending prices to record lows, BP said.
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June 19,2020
The 55 petrochemical companies in Iran annually use 35 million tons of natural and liquefied gas as feedstock to produce 31 million tons of products, managing director of the National Petrochemical...
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June 19,2020
The International Energy Agency has laid out a $3 trillion green recovery plan, offering governments around the world a “once-in-a-lifetime” roadmap to sustainably rebuild their economies in the...
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June 19,2020
An inflatable rubber dam has been built in Kermanshah Province, Deputy Energy Minister Qassem Taqizadeh Khamesi said.
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June 19,2020
Oil prices rose more than 1% on Friday, adding to gains in the previous session, after OPEC producers and allies promised to meet commitments on cutting supply and two major oil traders said demand...
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June 19,2020
To assist power supply during the hot summer, production of distributed generation (DG) power plants has increased 21% compared to last year.
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June 15,2020
A new report on global energy developments shows how far wind and solar have come—and hints at how far they’ll go.
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June 15,2020
Construction of a new wastewater treatment plant in Bandar Imam Petrochemical Company in southwestern Khuzestan Province is underway as the company has put environmental protection high on its...
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June 15,2020
Average precipitation since the beginning of the current water year (Sept 23, 2019) until June 14, shows a 27-millimeter, or 8%, decline compared to the same period last year.
Rainfall in 265 days...
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June 15,2020
By the end of next Iranian year (March 2022), the number of nomadic households using solar energy will double, head of Nomads Affairs Organization of Iran said.
Now “25,000 nomad households have...
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June 15,2020
The Iranian Central Oil Fields Company has a project to collect and process associated petroleum gases from Dehloran oilfield on a daily basis, the managing director said.
“The aim is to collect 2...
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June 15,2020
It was too good to be true. Last weekend’s OPEC+ meeting took a decision in record time to extend deep output cuts that had halted a dramatic slide in prices — and members even agreed to abide by...
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June 15,2020
Oil fell more than 2% on Monday, extending losses from last week, as new coronavirus infections hit China and the United States, raising the prospect that renewed outbreaks of the virus could weigh...
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June 15,2020
Iraq has asked BP to cut crude production at the nation’s biggest field of Rumaila by 10% as part of a push to comply with OPEC+ quotas, according to a person familiar with the matter, who asked...
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June 15,2020
The first phase of a long-awaited project to divert water from Karoun River to Gheyzaniyeh rural district in Ahvaz, Khuzestan Province has come on stream, a deputy head of the provincial Rural...
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June 13,2020
A multi-million pound fund has been set up to help the energy sector in Scotland recover from the dual economic impacts of coronavirus and the oil and gas price crash.
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June 13,2020
Exxon will postpone the start of expansion works at its Beaumont refinery in Texas because of still slow demand for fuels, Bloomberg reported, citing unnamed sources familiar with the situation.
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June 13,2020
The National Iranian Gas Company can double the volumes it delivers to thermal power plants and supply at least 310 million cubic meters of natural gas a day to power stations at the peak of...
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June 13,2020
Roughly 6.5% of crude oil production in the US Gulf of Mexico remained offline on June 12 from Tropical Storm Cristobal's weekend saunter through the region, bringing the area's output closer to...
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June 13,2020
The ammonia unit of Lordegan Petrochemical Company in western Chaharmahal and Bakhtiari Province has started production, the managing director said.
“The unit can produce 677,000 tons of ammonia...
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June 12,2020
Oil prices fell on Friday, extending heavy overnight losses as a surge in US coronavirus cases this week raised the prospect of a second wave of the Covid-19 outbreak hitting demand in the world’s...
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June 12,2020
Estimates show Iran holds 500 billion cubic meters of fossil water, of which 300 bcm is fresh water.
Of the total volume of fresh water (300 bcm), close to 170 bcm has been consumed (the rest is...
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June 12,2020
Ilam Petrochemical Complex, in the western Ilam Province, has plans to increase output and protect the environment, managing director of the company said.
“The first olefin unit of the complex...
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June 10,2020
OPEC and its allies slashed almost one-fifth of their crude oil production in May, the first month of their landmark supply accord, according to the latest S&P Global Platts survey of the group...