The rise in domestic gas consumption has been more noticeable than the increase in exports over the last 12 months. According to Oil Ministry data, although gas production has remained…
Energy
Installed electricity capacity generated with the help of cogeneration or combined heat and power plants has risen by 130% over the last eight months in Bakhtar Region (Markazi, Lorestan and…
Russia lowered its oil output to 11.23 million barrels per day last month from 11.25 million bpd in September, missing again its obligations under a global pact to curb production, energy…
Iranian and Iraqi power grids were synchronized Friday following closer collaboration between the two neighbors.
Compressed natural gas consumption has declined 15% since May when prices rose by 10%, head of the Iran CNG Association said. “Unlike previous years when CNG use increased by at least 10%, the…
Iranian companies’ capabilities in manufacturing parts and equipment for the thermal power industry have encouraged many countries to want to benefit from Iran’s experience, Deputy Energy…
Domestic manufacturers are in the process of constructing wind turbines with generator capacity up to 250 kilowatts, operator of the project said.
Oil has always been a function of the international market, so setting up local energy markets cannot help the National Iranian Oil Company sell crude on a long-term basis, a veteran financial…
The temporary rise in water levels behind dams cannot guarantee the sustainable supply of potable water in the long term unless water management and related issues gets top priority.…
The National Iranian South Oil Company seeks to further reduce flaring and burning of associated petroleum gases from oil and gas sites in the southern and southwestern regions it operates,…
Oil slipped toward $61 a barrel on Monday, falling for a second day, pressured by expectations for a rise in US crude inventories and fading optimism over a US-China trade deal. US crude…
Total power production in the two East and West Azarbaijan provinces is 3,150 megawatts, of which barely 20 MW comes from renewables, operator of green energy power generation and…
Global markets are “awash” in crude thanks to the surge in US oil output, and the boom looks set to continue, US Energy Secretary Rick Perry said in a Bloomberg TV interview. US shale…
Transforming traditional wells into smart wells in Sabzevar, Khorasan Razavi Province, has helped reduce extraction of underground water by 20%, head of the provincial water company said.
In line with its environmental policy, Bandar Imam Petrochemical Company in southwestern Khuzestan Province has started a project to collect and recycle all its wastewater in a single unit that…
Wastewater Treatment Plant Number 2 in Shiraz, Fars Province, will start operation in December, managing director of Shiraz Water and Wastewater Company said. “With a capacity to treat 100,000…
Oil prices steadied Friday and were on track for strong weekly gains as support from a surprise draw in US inventories and possible action from OPEC and its allies to extend output cuts…
The first small-scale power plant with distributed generation system operated by the Khuzestan Regional Electric Company has joined the national electricity grid, the managing director said.
Denmark on Friday approved the permit for construction in Danish waters of the planned 10 billion cubic meters per year Baltic Pipe, which is designed to bring Norwegian gas via Denmark to…
A Majlis Research Center survey has revealed that total energy produced in Iran annually is equal to energy produced by burning 1.8 billion barrels of crude oil, of which 25% is consumed in the…
China continued to import crude oil from the US, Iran and Venezuela in September, but Asia's biggest energy consumer kept shipments from the three producers minimal due to the tariff and…
Projects costing $20 million have been undertaken in Qom Province in the last 12 months, deputy minister of energy said Wednesday.
The Persian Gulf Petrochemical Industries Company was ranked second in terms of capital spending on the list of major chemical companies in 2018 issued by the Independent Chemical Information…
US oil production is likely to peak in the next few years as current petroleum prices are capping the pace of expansion, Russian Energy Minister Alexander Novak said on Tuesday. The brisk…
Renewable power capacity is forecast to increase by 50% between 2019 and 2024, the International Energy Agency said Monday. According to its “Renewables 2019” market report, the increase will…
