Low power tariffs and the volatile currency market have put private electricity producers under mounting financial pressure, head of the board of directors of the Power Generation Companies…
Energy
Daily gas transmission capacity has reached 870 million cubic meters, managing director of the Iranian Gas Transmission Company said.
Iraqi Prime Minister Mustafa al-Kadhimi has appointed Mustafa Ghaleb as central bank governor and Salem Jawad Abdul Hadi Al-Jalabi as chairman of state-owned Trade Bank of Iraq. The…
So long as the Organization of the Petroleum Exporting Countries defends Iran’s legitimate interests alongside other members, Tehran will support the group, Iran's OPEC governor said.
President Hassan Rouhani on Wednesday declared victory against the United States ahead of Sept. 20, the date when the US claims international sanctions against Iran will be restored.
Completion of the second phase of a wastewater treatment plant in Tabriz, East Azarbaijan Province, will help supply four cubic meters of water per second to Lake Urmia or 125 million cubic…
While most power plants in Iran use gas to generate electricity, Bandar Abbas Thermal Power Station is among the few still using mazut as the main feedstock and is a major source of air…
The second gas unit of Qeshm Combined Cycle Power Plant in Qeshm Island, off the Persian Gulf, has come on stream. With a capacity of 170 megawatts, it was constructed by the private company…
It was meant to be the week when OPEC nations gathered in Baghdad to celebrate the organization’s six decades as a dominant force in global oil markets. Instead, OPEC and its allies will…
Oil prices rose on Monday as a tropical storm in the Gulf of Mexico forced companies to evacuate rigs and halt production, but gains were kept in check by wider concerns about excess supply and…
To help ease water shortages in southern Hormozgan Province, supply of desalinated water to small towns will increase by almost 30% or 40,000 cubic meters per day to reach 170,000 cm/d in…
Since the beginning of the current water year last September the amount of water in dams around Tehran has plunged by 100 million cubic meters compared to the same period last year, head of…
The United Arab Emirates, currently OPEC’s third-largest producer, is estimated to have exported a lot more crude oil in August as it produced more than its quota under the OPEC+ deal,…
Work for pouring concrete at the site of the second unit of Bushehr Nuclear Power Plant in the southern namesake city shows 82% progress, the project manager said Sunday. “Ten domestic…
President Hassan Rouhani addressed universities in an online speech on Sunday, marking the start of a coronavirus-affected academic year. Classes will be mostly held online in a majority of…
Despite the huge oil and gas resources in Asalouyeh County in Bushehr Province, local residents suffer from major problems, namely water shortages and air pollution. For years water in summer…
Three petrochemical projects became operational in the past week and will help complete the value chain of the key industry as the country gradually moves away from an oil economy to exporting…
A study on the synchronization of Iran’s and Russian electricity networks is to be completed in the next few months and if all goes well executive operation will begin, the energy minister said…
The first phase of a gas condensate loading and export facility became operational on Thursday in Dayrestan, a village in Shahab District, Qeshm Island in Hormozgan Province. The terminal has…
Oil prices fell for a second day on Friday, pressured by a surprise rise in US stockpiles as the coronavirus pandemic continues to erode demand for fuels. Brent crude was down 18 cents, or 0.5…
The first phase of a project to transfer water from the Persian Gulf to Kerman and Yazd provinces will be launched in October, thanks to the concerted efforts of private and state companies,…
South Pars Gas Complex produces 650,000 barrels of gas condensates per day, a major part (500,000 barrels) of which is piped to the Persian Gulf Star Refinery in Hormozgan Province to be…
Oil futures clawed back some of the losses they sustained in the previous session, but a rebound in Covid-19 cases in some countries undermined hopes for a steady recovery in global demand.…
Iran's petrochemical industry is moving ahead as data show an upswing in production in recent months from last year's corresponding period, director of production control department at the…
With piped gas supply to 116 villages in Isfahan Province in the last seven years, the majority of its rural population now have access to stable gas supplies. More than 26,000 kilometers of…
