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.
Energy
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…
Turkey's natural gas import from Iran was halted for the tenth time on March 31 following an explosion in a pipeline 1.5 km inside Turkey near the border with Iran, director of dispatching at…
Power wastage in Tehran was 6.9% in 2018, but has now decreased to 6.5%. According to the Energy Ministry news portal, doing away with malfunctioning equipment, supply lines, utility poles,…
The volume of water in Lake Urmia has surpassed 4 billion cubic meters, up 39% compared to last year same time when it held 2.5 bcm of water, head of the provincial office of Urmia Lake…
Conventional water treatment methods (filtration and disinfection) used in drinking water networks across the country are functioning as designed and prevent all waterborne pathogens, head of…
Oil fell on Monday as an emergency rate cut by the US Federal Reserve failed to soothe global financial markets panicked by the rapid spread of the coronavirus, while a price war between top…
Oil’s rout may have been an unexpected boon for the biggest buyers of liquefied natural gas, but its knock-on effects may come back to bite them.
Natural gas consumption in the household sector fell by 61% over the last two weeks as many regions experienced a rise in temperature, head of the public relations office of the National Iranian…
Oil giant Saudi Aramco on Sunday posted a 21% decline in 2019 net profit due to a drop in oil prices and production, and said it plans to “rationalize” capital spending in the wake of the…
Despite regular warnings from the National Water and Wastewater Engineering Company of Iran (Abfa), high water consumption continues unabated across provinces.
The drilling rig of Phase 11 of South Pars Gas Field will be put on its jacket in a few months and drilling will begin in June. Phase 11 is scheduled to be developed in two integrated and…
Iran's engineering and energy giant, the Mapna Group, is manufacturing hydrogen-fueled gas turbines, which consume less gas to generate electricity and instead of hazardous emissions discharge…
Oil futures surged in aftermarket trading after Donald Trump said the US government will take advantage of low oil prices and buy "large quantities" of crude to fill the Strategic Petroleum…
Feeding thermal power stations with liquefied fuel (mazut) instead of natural gas from Dec 2019 to Feb 2020 is taking a toll on the plants’ overhaul operations, the Energy Ministry spokesman for…
The coronavirus pandemic has stoked concerns of a global economic recession as it spreads across the world, igniting one of the sharpest oil price plummets in the last 30 years and causing the…
The coronavirus outbreak has decreased the sale of gasoline at gas stations across Iran by a massive 50%, a board member of the Gasoline Station Owners' Association said. “Due to the noticeable…
Oil prices were set for their worst weekly drubbing since the 2008 financial crisis, despite eking out a 2% on Friday, as investors eyed evaporating demand from the coronavirus pandemic and a…
The project to collect associated petroleum gas at Amir Kabir Petrochemical Plant in Mahshahr, Khuzestan Province, is in the final stages. Upon completion by summer, the APG will be used as…
