Iran and Romania have signed a memorandum of understanding, based on which Iran will export technical and engineering services to Romania’s gas sector. The MoU is the first of its kind for Iran…
Energy
Boosting the efficiency of thermal power plants by 5% can help reduce the consumption of liquefied fuel, including mazut and diesel, by 13 million liters per day, the export of which can help…
Equipment in most gas stations across the nation is in dire need of rehabilitation and renewal, the head of Iran Gas Station Owners Union said.
An estimated 280 billion kilowatt-hours of power were produced during March-December 2021, up 5% or 14 billion kWh compared to the same period of a year ago.
Bushehr Water and Wastewater Company is constructing several desalination plants across the southern province with a total capacity of 100,000 cubic meters per day, which are expected to…
Iran held 500 billion cubic meters of strategic underground water reserves or fossil water, of which 100 bcm were consumed between 2010 and 2021, a water expert said.
The project to connect Qeshm Island in the Persian Gulf to the national gas grid has registered 40% progress, the project manager said.
Drilling wells, both legal and illegal, in Markazi Province’s counties have accelerated the death of qanats (aqueducts) in the region, the head of the Soil and Water Office at the provincial…
The National Iranian Oil Refining and Distribution Company and Bank Mellat have signed a memorandum of understanding for the construction of a pipeline to supply petroleum products to the…
The construction of Ghadir Energy Combined Cycle Power Plant started in Lamerd Country, Fars Province. With a generation capacity of 913 megawatts, the gas-fired power station is estimated to…
President Ebrahim Raisi on Friday officially launched Phase 1 of Qeshm ultra-heavy crude oil refinery in southern Hormozgan Province. Built by Pars Behin Palayesh Naft Qeshm Company, a…
Oil futures eased for a second session on Friday on expectations that Washington may soon act to cool prices that remain above $80 per barrel, while movement curbs in China to rein in a Covid-19…
A fire broke out in a distillate fuel storage tank at Charmshahr Petrochemicals Plant in Bouin-Zahra County, Qazvin Province, on Thursday, a spokesman of the Iranian Oil, Gas and Petrochemical…
Members of the parliament approved an article on Wednesday, based on which the Energy Ministry will attract investment for desalinating water from the Sea of Oman to transfer it to the…
Two new steam units of Sabalan Combined Cycle Power Plant in Ardabil Province with a total capacity of 320 megawatts will be connected to the national electricity grid during the first half of…
Oil prices steadied on Wednesday after rising in the previous session on expectations that fuel demand will continue to strengthen as the US Federal Reserve is likely to raise interest rates…
OPEC and its allies do not want crude prices to climb to $100 a barrel and are reviving production quickly enough to prevent global markets from “overheating”, Oman’s oil minister said.
Drawing on the experience of Russian oil and gas giants is crucial to transform Iran into a major player in the global gas market, the former chief executive officer of National Iranian Oil…
With the help of development projects at the Fajr Jam Gas Refining Company in southern Iran, the production of liquefied petroleum gas has increased at the refinery, managing director of the…
Projects to supply water to rural areas are underway in Kerman Province and according to plans, 442 villages will get piped water by the end of May, the managing director of Kerman Water and…
Bushehr Nuclear Power Plant in the southern namesake city, which was temporarily shut down for technical overhaul and refueling, has resumed operation and added 1,000 megawatts to Iran’s…
Development operations to lay subsea pipelines and install the platforms of Phase 11 of the South Pars Gas Field in the Persian Gulf have gained momentum, the contractor of SP Phase 11 said.
Oil prices edged up on Monday as supply disruptions in Kazakhstan and Libya offset worries stemming from the rapid global rise in Omicron infections. Brent crude rose 24 cents, or 0.3%, to $81.…
The National Iranian Oil Company has substantially reduced its growing gas condensate stockpiles in recent months not only through exports but also due to higher local consumption, managing…
Iran is exporting 110 megawatts of electricity to Afghanistan per day and this amount can be increased as the maximum export capacity to the neighboring nation is 175 MW, the energy minister’s…
