The Goureh-Jask crude oil pipeline project has not been hurt by the spread of the novel coronavirus and operations are ongoing, said the managing director of the Petroleum Engineering and…
Energy
Iran’s petrochemical industry is on the frontline of fighting the coronavirus since the past two months, taking measures to help prevent and control the novel virus.
Republican US senators from oil states who recently introduced legislation to remove American troops from Saudi Arabia said on Saturday they had spoken with three officials from the kingdom and…
The flow of Iranian natural gas to Turkey that was disrupted 14 day ago (due to a pipeline explosion) has not resumed, director of dispatching at the National Iranian Gas Company said.
The pace at which groundwater resources are depleting has become a serious source of concern and a preventive measure crucial in this regard should be battling illegal water wells.
Raising electricity export is important because it helps ensure security (near the borders) and begets Iran higher bargaining power in negotiations in regional and international trade, vice…
The president of Mexico -- the lone holdout in an OPEC deal to cut crude production and shore up prices -- said Friday that he has reached a deal with the US president to reduce oil output.…
Protecting the environment is a priority for Shahid Tondgooyan Petrochemical Company in southwest Iran, the managing director said. Although increasing output is important, saving water and…
A historic production cut agreement between OPEC and its allies, known as OPEC+, hit a roadblock after Mexico refused to agree to its share of the cuts after a marathon meeting between the oil-…
Declining Caspian Sea levels (1.5 meters since 1995) has exacerbated loss of territorial waters in Iran, the operator of an international plan to monitor variations in the Caspian Sea water…
Saudi Arabia, Russia and other large oil producers are racing to negotiate a deal to stem the historic price crash as diplomats said some progress was made on Sunday.
One of the programs of the Energy Ministry in the current fiscal year (started March 20) is to use gas condensates for gas turbines in power plants, Energy Minister Reza Ardakanian said in a…
Oil and gas companies including the National Iranian South Oil Company, a subsidiary of the National Iranian Oil Company, are doing their fair share in helping degrade and defeat the coronavirus…
China is poised to cut oil product exports in April as lockdowns across the world to limit the coronavirus pandemic sapped global demand, according to refiners, traders and analysts.
Snow cover in the mountain basins has declined by a massive 69% compared to last year, a report issued by the Iran Water Management Company shows. “Snow has covered almost 91,000 kilometers in…
Asian clean and dirty tankers have just had one of their best first quarters in years as traders rushed to store oil products on the water as the COVID-19 pandemic slashed oil demand globally,…
The International Energy Agency has predicted that the world will add 1,200 gigawatts of renewable energy by 2024, a 50% increase on what’s in place now. That would see renewables’ share of…
An estimated 267 billion cubic meters of natural gas was produced in the last fiscal year that ended in March, director of dispatching at the National Iranian Gas Company said.
OPEC and Russia have postponed a meeting set for Monday to discuss supply cuts and ending a brutal price war.
The Research Institute of Petroleum Industry signed a contract with Aran Energy Systems Company in Tehran Saturday for commercializing micro-CHP system parts, according to the Oil Ministry news…
Close to 3,000 megawatts of new electricity generation capacity was added to the national grid in the last fiscal year that ended in March, the Energy Ministry spokesman for the power department…
President Vladimir Putin’s government is rewriting its budget to prepare for oil prices at $20 a barrel this year despite US-led efforts to get major producers to rein in production.
Average rainfall in Iran since the beginning of the current water year (Sept 23, 2019) until April 1, 2020 shows a 38-millimeter decline compared to the same period last year. Rainfall in 192…
The oil price crash has hit the upstream sector hard. Deep cuts are being made across the board, but it will have a dramatic impact on the industry’s project pipeline. Global natural resources…
Gasoline sale in Iran during the Nowrouz (Persian New Year) holiday season fell significantly compared to the closing days of the last fiscal year (ended March 19), according to the National…
