Persian Gulf Bid Boland Gas Refinery in Khuzestan Province will be operational in August, the managing director said. “The refinery will start operation with 20 million cubic meters of gas or…
Energy
As the OPEC+ alliance sticks to its guns in trying to curb oil output to shore up prices, Asian buyers are increasingly looking to the US for a cheaper source of supply.
Hegmataneh Petrochemical Plant in Hamedan Province is set for launch in the second half of the current fiscal year, and when operational will produce one of the rarest petrochemicals in the…
The pattern of procrastination by automakers and the influence of their strong lobbies notwithstanding, the Department of Environment insists on its stance that car companies must start making…
A consortium of six global investors has entered into a $20.7 billion agreement with Abu Dhabi National Oil Company (ADNOC), the state-owned oil company said Tuesday. As part of the…
Bushehr Nuclear Power Plant in the southern namesake city that was temporarily shut down for technical overhaul and refueling outage has resumed operation, head of the facility said. "The plant…
Fifteen wet months helped eased the water tension to some extent, but the respite will not last long, director of the National Water and Wastewater Engineering Company of Iran (Abfa) said.
Oil prices slid on Monday as concern grew that a record rise in coronavirus infections worldwide could stall a recovery in fuel demand, outweighing tighter supplies from major producers. Brent…
Mehr Petrochemical Company in Asaluyeh, Bushehr Province, has set a new record in production of high-density polyethylene in the past six months. The company produced 190,000 tons of HDPE in…
Expansion of the national gas network in Sistan-Baluchestan Province is on track despite difficulties created by coronavirus in the southern regions, head of the provincial gas company said.
Oil exploration shrank for a 14th straight week in the US fields amid weak crude prices and skepticism about a recovery in energy demand.
A project to complete the value chain of butane is underway in Mahshahr, Khuzestan Province, and will be over before the year is out in March 2021. Construction of the Ibne Sina Petrochemical…
Daily water consumption in Tehran has reached 3.6 million cubic meters that is unprecedented in the history of the metropolis, managing director of Tehran Province Water and Wastewater Company…
Routine overhaul of power plants is over and there is no problem supplying electricity with the current rates of consumption. But if power use exceeds 60,000 megawatts, there is a possibility of…
Nearly all of the coal produced in the United States goes for electricity generation, but its share has eroded in recent years by growing natural gas-powered generation and rising share of…
Growth in energy demand was declining even before the coronavirus pandemic spread globally, keeping consumers under lockdown and sending prices to record lows, BP said. The oil major’s annual…
An inflatable rubber dam has been built in Kermanshah Province, Deputy Energy Minister Qassem Taqizadeh Khamesi said. “Built on Sirvan River, the dam has a capacity to hold 280,000 cubic meters…
The 55 petrochemical companies in Iran annually use 35 million tons of natural and liquefied gas as feedstock to produce 31 million tons of products, managing director of the National…
Oil prices rose more than 1% on Friday, adding to gains in the previous session, after OPEC producers and allies promised to meet commitments on cutting supply and two major oil traders said…
The International Energy Agency has laid out a $3 trillion green recovery plan, offering governments around the world a “once-in-a-lifetime” roadmap to sustainably rebuild their economies in the…
To assist power supply during the hot summer, production of distributed generation (DG) power plants has increased 21% compared to last year. Electricity production generated with the help of…
Average precipitation since the beginning of the current water year (Sept 23, 2019) until June 14, shows a 27-millimeter, or 8%, decline compared to the same period last year. Rainfall in 265…
Oil fell more than 2% on Monday, extending losses from last week, as new coronavirus infections hit China and the United States, raising the prospect that renewed outbreaks of the virus could…
By the end of next Iranian year (March 2022), the number of nomadic households using solar energy will double, head of Nomads Affairs Organization of Iran said. Now “25,000 nomad households…
Iraq has asked BP to cut crude production at the nation’s biggest field of Rumaila by 10% as part of a push to comply with OPEC+ quotas, according to a person familiar with the matter, who asked…
