A new gas unit in Tarasht Thermal Power Plant west of Tehran came on line Monday, managing director of Iran's Thermal Power Plants Holding Company said. “The unit, which cost $11 million, adds…
Energy
Construction of a 1,100km 42-inch diameter pipeline to transfer crude oil to the southeastern port of Jask in Hormozgan Province is going ahead as planned, managing director of the Petroleum…
The National Iranian Drilling Company has drilled and repaired 51 onshore and offshore oil and gas wells since the beginning of the current fiscal in March, the company’s deputy managing…
Private companies account for 67% of Iran's total thermal power output. Iranian firms in the private sector produce at least 44,000 megawatts of thermal power per annum, whereas state-run…
To increase the share of value-added exports, the National Petrochemical Company’s propylene output is expected to increase by 3 million tons or 300% over the next five years, the head of the…
Oil prices fell on Monday as investors fretted over the outlook for global economic growth, while weekend talks between Iran and major powers ended on a generally positive note, suggesting an…
Iran's declared policy regarding trans-border rivers and shared water resources is to interact with neighbors within the framework of bilateral agreements and build technical and diplomatic…
Expediting the construction of wastewater treatment plants in Tehran is on the agenda of Tehran Province Water and Wastewater Company, the managing director said. Pipe-laying operations have…
All industrial units are expected to be connected to the national gas grid by the end of 2021, head of the National Iranian Gas Company said Saturday. "There are close to 102,000 industrial…
New oil and gas projects cannot be developed under sanctions unless new contracts are designed, a senior energy analyst and former head of Iran's Petroleum Contracts Committee said.
Gas has an important role to play in the global energy transition, according to the head of EMEA natural resources research at Goldman Sachs. Speaking to CNBC, Michele Della Vigna said…
The Trump administration on Friday renewed Chevron Corp’s license for three months to drill for oil in Venezuela despite sanctions, a compromise between officials seeking maximum pressure to…
With installed capacity of 65 gigawatts, Iran ranks ninth in terms of thermal power capacity in the world. According to a report by the Energy Ministry, the total power capacity in the world is…
In the past six years, 39 desalination units with a capacity of approximately 174,000 cubic meters per day (63.7 million cubic meters a year), are operating mostly in the southern coasts. Sixty…
Despite the existing constraints and difficulties Beijing is making concerted efforts to maintain trade ties with Tehran. China’s new Ambassador to Iran Chang Hua, made the statement in Tehran…
Although the three branches of government (executive, legislative and judicial) have come to the conclusion that gasoline prices should increase, there is still no consensus among MPs about the…
China’s still importing oil from Iran weeks after the US imposed sanctions aimed at halting sales of crude from the Persian Gulf nation. Official customs data on Friday showed China imported…
Private companies’ efforts in Iran are noteworthy in that they seek to develop global initiatives to help safeguard the environment. Christoph Grabmayr, the Austrian Embassy's commercial…
Electricity demand in 12 remote towns in Khorramabad and Aligudarz counties in Lorestan Province is being met fully with the help of small-scale photovoltaic (PV) power stations, head of…
Oil prices edged up for a second day on Friday on expectations that a weekend meeting of the world's top oil producers would demonstrate compliance to a global output cut deal, but a larger than…
Following the contract signed between Iran and Pakistan in 1999 to complete a gas pipeline to help address Pakistan’s electricity problems, Tehran has fulfilled its commitments regarding…
A 7.12 megawatt combined heat and power (CHP) plant was inaugurated in Amol County, Mazandaran Province. According to the Energy Ministry news portal (Paven), Babakan Power Plant, built over 2,…
Japan will continue importing crude oil from the Middle East despite escalating tensions in the Strait of Hormuz, but will also make efforts to diversify supply sources, Minister of Economy,…
Power consumption hit a new record on Monday as it reached a peak of 57,681 megawatts, the Energy Ministry’s spokesman for the power department said in Tehran. “Electricity consumption has…
The amount of water stored in dams has dwindled by 9% between May 22 and June 22. Dams across the country held 40.6 billion cubic meters of water in May, but the level fell to 37.3 bcm in June…
