Piroozi Oil and Gas Refinery in Shahroud County, 400 kilometers west of Tehran in Semnan Province, will resume operations next month after over three years of inactivity, the managing director…
Energy
The second development phase of Bandar Abbas water desalination unit in Hormozgan Province became operational on Thursday, managing director of the provincial Water and Wastewater Company said…
Eighteen gas boosting pressure stations in Fars, Lorestan, Semnan, Kurdestan and Bushehr have become operational since March 2019 to expand the Iran Gas Trunkline (IGAT), managing director of…
The second phase of Takht-e-Jamshid Petrochemical Plant in Mahshahr, Khuzestan Province, will be inaugurated in the coming days, managing director of National Petrochemical Company said. “The…
Oil prices could surge toward $80 a barrel if escalating geopolitical tensions disrupt Middle East crude supplies, analysts told CNBC on Friday, with energy market participants “on tenterhooks”…
President Hassan Rouhani inaugurated three dams and an irrigation network in the northwestern Ardabil Province on Wednesday. Built at a cost of $30 million, the dams (Ahmadbiglou in Meshgin…
Oil prices fell 1% on Tuesday, the last trading day of the decade, but notched the biggest annual gain in three years, supported by a thaw in the prolonged US-China trade war and ongoing supply…
Household gas consumption reached 530 million cubic meters a day over the first 10 days (Dec. 22 – Dec. 31, 2019), dispatching director of National Iranian Gas Company said. Mehdi Jamshidi Dana…
Boosting output of petroleum products is a declared policy of the government and has generated $9 billion from exporting liquid fuels, managing director of National Iranian Gas Company said.
Two small-scale power plants with distributed generation system joined the national grid in Rafsanjan County, Kerman Province on Tuesday, managing director of the provincial electricity…
Based on the March 2020-21 budget bill, close to $160 million will be allocated to dam construction in the next Iranian year. This the amount, five times bigger than the Department of…
Construction of Bid Boland Gas Refinery in Khuzestan Province is almost complete and is expected to go on stream by the end of winter or early spring, the managing director said. “The mega…
Annual petrochemical revenues are expected to reach $25 billion in 2021. President Hassan Rouhani announced this on Monday addressing investors and businesses involved in the petrochemical…
Water is like a double-edged sword that can be a catalyst for peace, help countries build cordial ties and settle differences, but also can create conflicts leading to war. Energy Minister Reza…
Oil prices held on to three-month high on Monday, underpinned by optimism over an expected China-US trade deal and upbeat industrial data, while traders kept a close watch on the Middle East…
The plan to supply water from the Oman Sea in south Iran to three eastern provinces will begin in February, deputy director of Khorasan Razavi Regional Water Company said.
Iran's shipping fleet cannot get services (like bunkering) in international waters and ports from Jan 1 because the vessels have not been able to conform with the International Maritime…
Iran has 37,000 kilometers of high-pressure gas pipelines and more than 2,000 trucks to transport CNG, a large part of which need renovation, the manager for operations coordination at the…
Iran has enough potential to produce higher amounts of electricity from renewable sources while the current power output from it is less than 1,000 MW, vice president of Iran Electrical Industry…
The plan to transfer water from the Caspian Sea to the drought-hit Semnan Province will not see the light of day in the near future, not due to ecological concerns but because it is economically…
To boost output from the South Pars Gas Field, the third offshore deck of Phase 14 started natural gas production on Friday, the development manager said. “The new platform (14B) has added…
Oil prices rose on Friday, hitting three-month highs after data showed record online spending by US consumers even before the hoped-for end to the trade war between Washington and Beijing.
The Organization of the Petroleum Exporting Counters and its allies, known as OPEC+, may consider wrapping up their oil output reduction in 2020, Russian Energy Minister Alexander Novak said on…
With less than a week to go before the implementation of global low sulfur regime for bunker fuels, a large number of ship owners in the race to be compliant are offloading the ineligible grades…
In the framework of commitments to help protect the environment, an estimated 400,000 cubic meters of associated petroleum gas will be collected from Sa’adatabad Oil Field in Fars Province on a…
