Energy

  • 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…

  • The Iranian Central Oil Fields Company has a project to collect and process associated petroleum gases from Dehloran oilfield on a daily basis, the managing director said. “The aim is to…

  • A new report on global energy developments shows how far wind and solar have come—and hints at how far they’ll go. More than $2.7 trillion has been invested in building up renewable energy…

  • It was too good to be true. Last weekend’s OPEC+ meeting took a decision in record time to extend deep output cuts that had halted a dramatic slide in prices — and members even agreed to abide…

  • Construction of a new wastewater treatment plant in Bandar Imam Petrochemical Company in southwestern Khuzestan Province is underway as the company has put environmental protection high on its…

  • The first phase of a long-awaited project to divert water from Karoun River to Gheyzaniyeh rural district in Ahvaz, Khuzestan Province has come on stream, a deputy head of the provincial Rural…

  • A multi-million pound fund has been set up to help the energy sector in Scotland recover from the dual economic impacts of coronavirus and the oil and gas price crash.

  • Roughly 6.5% of crude oil production in the US Gulf of Mexico remained offline on June 12 from Tropical Storm Cristobal's weekend saunter through the region, bringing the area's output closer to…

  • Exxon will postpone the start of expansion works at its Beaumont refinery in Texas because of still slow demand for fuels, Bloomberg reported, citing unnamed sources familiar with the situation…

  • The ammonia unit of Lordegan Petrochemical Company in western Chaharmahal and Bakhtiari Province has started production, the managing director said. “The unit can produce 677,000 tons of…

  • The National Iranian Gas Company can double the volumes it delivers to thermal power plants and supply at least 310 million cubic meters of natural gas a day to power stations at the peak of…

  • Oil prices fell on Friday, extending heavy overnight losses as a surge in US coronavirus cases this week raised the prospect of a second wave of the Covid-19 outbreak hitting demand in the world…

  • Ilam Petrochemical Complex, in the western Ilam Province, has plans to increase output and protect the environment, managing director of the company said. “The first olefin unit of the complex…