Crude oil futures were marginally lower during mid-morning trade in Asia Friday after an OPEC meeting on Thursday that saw no further cuts in crude production and bearish market reports on oil…
Energy
Supplying natural gas to Europe via a pipeline from Turkey is on the National Iranian Gas Company's agenda, the CEO said. "The infrastructure is in place and talks are underway with private…
As per law, vehicle owners should be charged an extra amount at pumps for filling up their tanks, head of Iran Gas Station Owners Union said. "According to the $37.6 billion budget for the…
The Energy Ministry is rewriting policy to increase the guaranteed purchase price of renewable power by 30% by next month, spokesman of Iran’s Renewable Energy and Energy Efficiency Organization…
Global oil demand will peak in three years, plateau until around 2030 and then decline sharply, energy adviser DNV GL— the world's leading classification society and a recognized advisor for the…
Since the beginning of the current water year (September 23, 2018) precipitation has risen 101%. While rainfall has surpassed 340 millimeters in the 12-month period, it barely reached 169…
Oil futures rose slightly on Tuesday to their highest levels in almost six weeks on optimism that OPEC and other producing countries may agree to extend output cuts to support prices. Brent was…
Total energy produced in Iran in 2016 was equal to energy that is produced by burning 3.4 billion barrels of crude oil, up 18% compared to 2015. Iran Fuel Conservation Company, a subsidiary of…
Annual petrochemical output in Iran will reach 100 million tons by 2022, managing director of the National Petrochemical Company said. “There are 56 petrochemical companies producing 66 million…
Iraq will struggle to generate enough electricity unless it continues to use Iranian gas for three to four more years, the electricity minister said on Tuesday, resisting US pressure to stop the…
A conference was held last week at the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) in Mashhad to discuss the root causes of rising water tensions, consequences and…
Russian gas exports to Turkey and eight other southeast European nations fell by more than a quarter in the first half of 2019 as cheaper liquefied natural gas and new Azeri supplies helped the…
Wastage in Tehran's power grid was reduced from 3.2% to 2% last February, managing director of Tehran Regional Electric Company said. “With effective measures we have been able to spend …
Major oil companies have approved $50 billion of projects since last year that will not be economically viable if governments implement the Paris Agreement on climate change, think-tank Carbon…
In line with declared government policy to provide less-developed regions with natural gas, a thousand kilometers of gas pipelines will be laid for cities in Sistan-Baluchestan Province by 2021…
Asia’s heavy and expanding reliance on coal power risks cancelling out global progress towards preventing catastrophic climate change, a top United Nations official warned Wednesday.
For the third consecutive year Iran won the WatSave Award in the Young Professionals category.
ARTA Energy Petrochemical Complex in Namin County, Ardabil Province, will start production in 2021. The plant will annually produce 132,000 tons of methanol and 283,000 tons of formaldehyde…
The Sixth Iran Gas Trunkline (IGAT-6)–a major element of the national gas grid – is to be inaugurated by President Hassan Rouhani soon, managing director of the National Iranian Gas Company said…
Iranian and Russian energy ministers have emphasized accelerating the implementation of bilateral projects including a 1,400 megawatt thermal power plant in Sirik County in southern Hormozgan…
The National Iranian Gas Company does not intend to file a lawsuit against Pakistan in the International Court of Arbitration for not completing the Iran-Pakistan (IP) Pipeline on its territory…
Despite the fact that in the past few years almost 50% of foreign direct investment in Iran’s power sector was in green energy, some 200 companies active in the renewable sector are facing…
Crude oil and the derivatives supply chain has extended by another 700 kilometers, managing director of the Iranian Oil Pipeline and Telecommunication Company's Tehran office said on Monday.
Oil prices weakened on Monday after new tariffs imposed by the United States and China came into force, raising concerns about a further hit to global growth and demand for crude. Brent…
The plains around Kerman City, capital of the namesake province, no longer have the capacity for more deep wells to reach groundwater resources, and water transfer is the only way to meet its…
