Replacing old and outdated power plants, namely the Rey power station in south Tehran, is a compulsion. Power plants with a combined production capacity of 3,000 megawatts have long outlived…
Energy
Despite a marginal decline in overall crude oil exports, Iraq has boosted the sales of its crude to top Asian importers China and India since late September, as the confusion over the return of…
In line with plans to attract investments for green energy projects, the private sector has been authorized to export electricity generated via renewables, head of Renewable Energy and Energy…
Renewable energy sources in Iran generated over 4.3 billion kilowatt hours of electricity since 2009. If the same amount was produced by thermal power plants that consume gas as feedstock, 1.23…
Following the announcement of a huge oil field discovery in the southwest at the weekend, Oil Minister Bijan Namdar Zanganeh said Monday that the new oilfield in Khuzestan Province has been…
Oil prices fell more than 1% on Monday amid concerns over the prospects of a trade deal between the United States and China, while worries about oversupply also weighed on the market. Brent…
The first phase of water transfer from the Persian Gulf to Kerman and Yazd provinces for industrial use will be completed in the next fiscal year, President Hassan Rouhani said in Kerman on…
Work for pouring concrete at the site of the second unit of Bushehr Nuclear Power Plant in south Iran started on Sunday. Construction of the first unit of the plant in Bushehr was carried out…
A new oil field was identified in southwest Iran that holds 53 billion barrels of crude oil, President Hassan Rouhani said in Yazd on Sunday. “Exploration department of the National Iranian Oil…
Close to 2,000 kilometers of high/mid/low-pressure gas pipes have been laid in Sistan-Baluchestan Province over the last two years, head of Iranian Gas Engineering and Development Company said.…
Despite installed power generation capacity surpassing 80 gigawatts and exports to some neighboring states, several industrial townships in East Azarbaijan Province are deprived of…
Iraq imports 7 gigawatts of electricity from Iran to make up for the shortfall between its output and actual need, an Iraqi power ministry official said. Abbas Jabber, electricity ministry…
A handful of protesters on the ground floor of the cavernous Cape Town International Convention Centre spread fake oil on the ground and chanted, demanding an end to fossil fuels. Two…
Despite higher precipitation in October, which was 33% more compared to last year same time, average rainfall was lower than the global average. However, rainfall can be increased by cloud…
Crude oil futures fell on Friday amid lingering uncertainty on whether, and when, the United States and China will agree a long-awaited deal to end their bitter trade dispute, the gloom…
Sardasht Hydroelectric Power Plant in Sardasht County, West Azarbaijan Province, was connected to the national grid on Tuesday. Adjacent to Sardasht Dam near the Iraqi border in the northwest,…
With completion of a project to boost output from the Poly-H unit at Shahid Tondgooyan Petrochemical Company, daily production capacity of the unit has increased to 480 tons, the managing…
Iranian LPG shipments to China were on track in November. Trader estimates for cargo loading from Iran bound for China in November generally range between seven and 10. Sources estimate Iran…
Oil Minister Bijan Namdar Zanganeh was quoted as saying Monday that he expects further production cuts to be announced at the next meeting of the Organization of the Petroleum Exporting…
Oil prices inched up slightly on Monday after rising expectations of a US-China trade deal boosted benchmarks in the previous session. Brent crude futures for January rose 15 cents to $61…
Iran’s natural gas export to Turkey declined by 70% in August compared to the corresponding month in the previous year. According to Energy Today, the latest report issued by Ankara-based…
Lack of a roadmap for long-term engineering services’ export has hurt domestic businesses in this sector over the past few years, vice president of Iran Electrical Industry Syndicate said.
Armenia can be a conduit for exporting Iran’s electricity to Eurasian countries, Armenian Minister of Territorial Administration and Infrastructure said in Tehran on Sunday.
Big oil companies need to cut oil production by 35% by 2040 in order to preserve shareholder value in a changing world, Carbon Tracker, a London-based think tank researching the impact of…
The number of electricity subscribers who adhere to the consumption patterns outlined by the government has increased by 10% compared to last year, managing director of Iran's Power Generation,…
