Twenty water and electricity projects costing $111 million were inaugurated Thursday in Hormozgan Province. These include a desalination plant with a capacity of 20,000 cubic meters in Bandar…
Energy
Oil prices slipped on Friday amid growing uncertainty about the global recovery in fuel demand as coronavirus cases surged in several countries, while major producers were set to ease output…
Some of the biggest oil companies in the world set their first joint target to cut their collective carbon emissions from upstream operations in a move that saw Saudi Aramco and ExxonMobil…
In May a website was introduced by the National Iranian Oil Products Distribution Company, where certain vehicles can register for free conversion of their vehicles into compressed natural gas…
The second mobile power plant will be synchronized with the national grid soon to help prevent power disruption in Saravan city in Sistan-Baluchestan Province, managing director of the…
Oil prices rose on Wednesday following a sharp drop in US crude inventories, with the market waiting for next steps from a meeting later in the day on the future level of output cuts by OPEC and…
Global oil demand will soar by a record 7 million barrels per day in 2021 as the global economy recovers from the coronavirus pandemic but will remain below 2019 levels, OPEC said in its monthly…
The olefin unit of Ilam Petrochemical Complex will start producing ethylene next week, the managing director said. “After launch, a part of the production will be supplied to the West Ethylene…
Export of 23 million tons of petrochemicals in the last fiscal (ended in March) helped offset at least 20% of lost oil revenues, a member of the board of directors of the National Petrochemical…
OPEC+ production cuts have brought oil prices back from the brink, but the group will have to tread carefully to avoid triggering a new price collapse when it begins to reverse those reductions…
Water shortage in Khoy County in West Azarbaijan Province has intensified with the depletion of groundwater aquifers, digging new wells and delays in building dams on rivers.
A water pipeline from Mamlou Treatment Plant in Pakdasht County (35 km southeast of Tehran) to Pishva County (45 km southeast of Tehran) was launched on Monday, managing director of Tehran…
Oil slipped nearly 1% on Monday as traders eyed an OPEC technical meeting this week which is expected to recommend an easing in supply cuts that have been propping up crude prices. Brent crude…
Supplying associated petroleum gases from oilfields in Sirri Island to thermal power plants in Kish Island over the decade has significantly cut the use of high levels of diesel, head of…
To make optimum use of the open space in holy shrines and associated property in South Khorasan Province, installation of 22 small-scale solar power farms has long been on the agenda and 12 are…
Data released by the Drought Management Center at Iran's Meteorological Organization shows almost 80% of Isfahan Province is suffering from dry and disturbing conditions to varying degrees.…
Iraq's oil production, including output from the semi-autonomous Kurdish region, fell 9% in June but was still above the amount it agreed to in the historic OPEC+ output cuts, official figures…
National Iranian Oil Company has signed a contract with Persia Oil and Gas Industry Development Company to develop Yaran joint oilfield in Khuzestan Province.
The fourth phase of Zahedan Water Desalination Plant in Sistan-Baluchestan Province will open soon, managing director of the provincial Water and Wastewater Company said. "Using reverse…
The oil demand crash in April, when most of America was under stay-at-home orders, resulted in the biggest monthly inventory jump in US commercial crude oil inventories in data going back to…
Over 80,000 kilometers of conventional bare conductors has been replaced with aerial bundled conductors in recent years, the head of Iran's Power Generation, Distribution and Transmission…
A 50-megawatt wind farm in Sistan-Baluchestan Province will start partial operation by fall, managing director of Iran Power Generation, Transmission and Distribution Management Company (Tavanir…
Oil prices fell on Friday, adding to steep losses from the previous session, and were headed for weekly declines on worries that renewed lockdowns following a surge in coronavirus cases in the…
The International Energy Agency bumped up its 2020 oil demand forecast on Friday but warned that the spread of COVID-19 posed a risk to the outlook. The Paris-based IEA raised its forecast to…
Compressed natural gas consumption rose by 10 million cubic meters per day in June compared to March, head of CNG department at the state-run National Iranian Oil Products Distribution Company…
