Iran has the infrastructure for increasing gas import and swap with neighboring countries to 40 million cubic meters per day, or 15 billion cubic meters per year, the oil minister said.
Energy
Harmonizing Iran and Russia’s electricity grids is the most viable and inexpensive option to help ease frequent power cuts during hot summer days when power load maximizes in Iran, the energy…
The number of electricity meters nationwide has soared by 700,000 over the past eight months to surpass 38 million, a spokesperson for the Power Generation, Distribution and Transmission Company…
Oil Minister Javad Owji says domestic companies manufacture 70% of equipment needed in the oil and gas industry. “Local firms have the potential to manufacture 95% of equipment and parts…
A desalination plant is expected to be launched in Abadan, Khuzestan Province, in the near future to help address the pressing water problems of the southwestern oil city, said the director of…
Oil prices edged up on Friday, heading for their biggest weekly gains since mid-December, fueled by supply worries amid escalating unrest in Kazakhstan and outages in Libya.
In the past 16 years, a total of 7,635 unauthorized water wells have been sealed in Isfahan Province, which helped save over 215 million cubic meters of water a year in the dry region, deputy of…
Exports of gasoline have been suspended since May not only due to heavy domestic consumption but also owing to the rise in fuel smuggling, a member of the Iranian Oil, Gas and Petrochemical…
Lavan Oil Refinery in southern Hormozgan Province has saved about $30 million by using indigenized parts and equipment manufactured by domestic companies instead of importing them, managing…
Gas supply to power plants has increased by 6 billion cubic meters since the beginning of the current Iranian year (March 21, 2021) compared to the same period of last year, the National Iranian…
Heavy rainfall in the southern provinces in the past few days has damaged houses, bridges and power/water infrastructure, flooded streets and displaced people.
Over $100 million have been earmarked in the budget bill approved for the next Iranian year (March 2022-23) for the expansion of renewable energy in Iran, the energy minister said.
The quality of piped water in Tehran is monitored with the help of 400 online systems, all of which comply with the World Health Organization standards, the head of Quality Control Department in…
Oil prices firmed on Monday as the market kicked off 2022 on a positive note with suppliers in focus ahead of Tuesday's OPEC+ meeting, although surging Covid-19 cases continued to dent demand…
Arvand Petrochemical Company in Mahshahr, Khuzestan Province, has increased its sales by 300% in the first nine months of the current Iranian year (March 2021-22) compared with the same period…
The natural gas swap deal between Iran and Turkmenistan has become operational. Iran’s Oil Ministry has announced that the gas swap agreement for up to 2 billion cubic meters per year took…
A gas leakage in the offshore pipeline that links the first deck of Phase 16 (SPD 16A) of South Pars Gas Field in the Persian Gulf to onshore gas refining facilities has caused operations in the…
The project to transfer water from Kouchari Dam in the central Isfahan Province to Saveh County in Markazi Province is expected to be completed within two years, the representative of Saveh and…
Importing water from neighboring states, such as Tajikistan and Afghanistan, is neither logical nor feasible to address the water shortage in drought-stricken regions of the central plateau,…
In the month since OPEC and its allies last met and affirmed plans to keep hiking oil production in January, Dated Brent has risen almost 10%.
The nationwide project to overhaul hydroelectric power plants and improve power output is on track and close to 5,000 megawatts of electricity have been added to the national grid, the head of…
Exports of Bu Ali Sina Petrochemical Company in Mahshahr, Khuzestan Province, are expected to reach $1 billion by the end of the current Iranian year (March 2022), managing director of the…
Power plants in Markazi and Semnan provinces are adding new units to increase their electricity generation capacity and a power station in under construction in Kerman Province, managing…
Petrochemical production capacity is expected to reach 130 million tons in four years, managing director of Iran's Petrochemical Special Economic Zone (Petzone) Organization said.
The 17th Kish International Energy Exhibition (Kish ENEX) will be held on Kish Island from Jan. 17-20, 2022.
