Energy

  • Bandar Imam Petrochemical Company, a subsidiary of the Persian Gulf Petrochemical Industries Company, and Energy Industries Engineering and Design Company signed an agreement based on which the…

  • Knowledge-based companies will help enhance the production of 700 oil and gas wells in Iran, the oil minister said. “Using the capabilities of knowledge-based companies, we will be able to…

  • Currently, the level of non-revenue water in Iran is 25%, which means that a quarter of the 6 billion cubic meters of water annually supplied to the network is wasted, a water resource…

  • Oil prices were steady on Wednesday, with market players on the lookout for fuel demand pointers amid Covid-19 concerns after Singapore suspended quarantine-free travel and Australia renewed its…

  • Domestic companies need to become export-oriented to help develop the economy, the head of Iran Electricity Industry Syndicate said on Wednesday. “The quality of locally-manufactured products…

  • Iran’s total gas production capacity will increase by 130 million cubic meters per day in the next Iranian year (March 2022-23), managing director of the National Iranian Oil Company said.

  • A pilot scheme has been launched on the islands of Kish and Qeshm in the Persian Gulf for selling gasoline, whereby it will be allocated to people whether they have a car or not, a member of…

  • Of the total installed generating capacity of 70 gigawatts, 4,000 megawatts are wasted in dilapidated power stations, managing director of Thermal Power Plants Holding Company said.

  • The onstruction of the South Pars Gas Field’s Phase 14 Refinery in Asalouyeh, Bushehr Province, will be completed next Iranian year (March 2022-23), director of the Phase 14 development project…

  • Iran's recoverable oil reserves are estimated to be 100 billion barrels, of which 30% can be extracted, managing director of the National Iranian Oil Company said.

  • Over $33 million have been invested by the private sector in the water projects of Hamedan Province, managing director of the provincial Regional Water Company said.

  • The growing menace of soil erosion is more serious than water pollution, as soil plays a crucial life-support role that is often taken for granted, the chairman of the Technical Committee for…

  • The executive operations of the project to recover flare gas have been launched at Zagros Petrochemical Company in Asalouyeh, Bushehr Province, on Thursday. Estimated to cost $3.37 million, the…

  • The construction of Sirik Power Plant in Sirik County of Hormozgan Province, financed by Russia, is on track, as it completes excavation operations, the project manager said.

  • Iranian researchers have developed nanotechnology-based filters for removing varnish from turbine oil in power plants and reducing maintenance costs, managing director of Behin Palaye Sharif…

  • Two 162-megawatt gas units of the Zarand Combined-Cycle Power Plant in Kerman Province will be connected to the network by next summer, managing director of Thermal Power Plants Holding Company…

  • Engaging in political dialogues and pursuing a robust water diplomacy at the regional and international level top the Energy Ministry’s agenda to handle issues related to shared water resources…

  • Bandar Abbas Oil Refinery in Hormozgan Province has indigenized 6,900 parts and equipment via reverse engineering, the company’s commercial deputy said. “Annually, about 150 equipment are…

  • Oil prices dipped on Friday, putting the market on track for a weekly loss, as surging cases of the Omicron coronavirus variant raised fears new curbs may hit fuel demand, while a weaker dollar…

  • Oil prices fell for a third day straight on Wednesday on expectations that supply growth will outpace demand growth next year, even though the Omicron coronavirus variant is not seen curbing…

  • Polymer exports are projected to reach $3 billion by the end of the current fiscal year (March 2022) not only because of the rise in petrochemical product prices, but also due to the removal of…

  • The output of petroleum products has increased by 6% in Iranian refineries, said the director of coordination and production supervision at the National Iranian Oil Refining and Distribution…

  • Researchers at Amirkabir University of Technology have developed a nanotechnology-based method to eliminate heavy metals, including mercury, cadmium, arsenic, chromium, thallium and lead, from…

  • The Renewable Energy and Energy Efficiency Organization (Satba) plans to add 10 gigawatts to the current renewable electricity capacity of Iran in the next four years, the managing director of…

  • OPEC raised its world oil demand forecast for the first quarter of 2022 but left its full-year growth prediction steady, saying the Omicron coronavirus variant would have a mild impact as the…