China National Offshore Oil Co (CNOOC) has signed an agreement with Abu Dhabi National Oil Co (ADNOC) on upstream exploration and development, oil refining and liquefied natural gas trade, ADNOC…
Energy
Expanding the gas network in southeastern Sistan and Baluchestan Province is on the government agenda, the managing director of National Iranian Gas Company said. Work is underway to build and…
Oil prices rose more than 2% on Monday on concerns that Iran’s seizure of a British tanker last week may lead to supply disruptions in the energy-rich Persian Gulf. Brent crude futures climbed…
Gasoline consumption between 2011 and 2017 has shot up 50% that (regretfully) is big enough to be registered in the Guinness World Record, the National Iranian Oil Refining and Distribution…
The Iranian oil tanker ‘Happiness 1’ that was held at Jeddah port in Saudi Arabia for over two months has been released.
Five million energy-intensive agricultural, households and commercial units will be equipped with smart electricity meters during the second phase of the National Smart Metering Program (known…
The project to transfer drinking water from Safa Rud Dam to Kerman City in southern Kerman Province will be completed in two weeks, managing director of Kerman Regional Water Company said.
Gas supply to Yazd Province has been expedited and almost 90% of its small towns and villages are now connected to the national gas grid, managing director of the provincial gas company said. “…
An estimated 1.5 million tons of petrochemicals were exported to Asia, Europe and Africa from Pars Special Economic Energy Zone, southeast of Bushehr Province, between May 22 and June 21, the…
Operations to increase output from Sa’adatabad Oilfield, in southern Fars Province, started Wednesday, with $18.7 million investment, managing director of the Central Iranian Oil Fields Company…
Iran is willing and ready to invest in the development of Nagapattinam refinery in Southern Tamil Nadu state, a senior Iranian diplomat said in New Delhi on Wednesday. “We have announced our…
The International Energy Agency is "significantly" concerned about geopolitical tensions, including in the Strait of Hormuz, but oil markets are currently well supplied and unlikely to see "huge…
French utility EDF could shut down production at its 2,600 megawatt capacity Golfech nuclear power plant in the south of France from July 23, due to the high temperature forecast on the Garonne…
So long as gasoline is not rationed, the plan to use bank debit cards as fuel cards is pointless and will not be implemented for now, the National Iranian Oil Products Distribution Company…
Oil prices on Wednesday regained little ground lost in the previous session, weighed down by industry data suggesting US crude inventories fell less than expected. West Texas Intermediate…
Iran has great potential for leading the water sector entrepreneurship in the region, co-director of Cewas, a Swiss non-profit association involved in improving business practices in water and…
Increasing crude oil refining capacity can be seen as a viable option to help evade US sanctions in the short term, says a senior consultant and manager for the Middle East oil research…
A 5 megawatt photovoltaic power station was connected to the national power grid in Khorasan Razavi Province. Built over 11 hectares in the deprived border town Khaf, it is the 11th solar farm…
Energy consumption and wastage have overtaken production and supply and Iran could become an energy importer despite its abundant energy resources, managing director of the Industrial Management…
The Oil Ministry is at the forefront of fighting the US sanctions, but some power circles criticize it under the name and banner of protecting national interest.
Tens of thousands of ships sailing the world’s oceans burn more than 3 million barrels of sludge-like high-sulfur fuel every single day. But, starting next year, the shipping industry will have…
Oil prices slipped on Monday after China posted its slowest quarterly economic growth in at least 27 years, reinforcing concerns about demand in the world’s largest crude oil importer. Brent…
The plan to resume the use of fuel cards by car owners will come into effect in August with the aim of curbing fuel smuggling that has taken a turn for the worse over the past months.
Legalizing cryptocurrency mining would help the power sector, head of the board of directors of the Power Generation Companies Syndicate said Monday.
Two steam units of Shirvan Combined Cycle Power Plant in Shirvan County, North Khorasan Province, were launched Sunday in the presence of President Hassan Rouhani. The two units, with a…
