To help prevent disruption in power transmission in Maragheh County in East Azerbaijan Province, a mobile substation will be synchronized with the national grid in June, deputy for…
Energy
Pakistan has expressed willingness to complete the long-delayed Iran-Pakistan gas pipeline project. According to IRNA, Pakistan's Prime Minister Imran Khan has instructed his foreign…
Salehabad village in Omidiyeh in southwestern Khuzestan Province was evacuated Monday after a fire broke out at a oil pipeline near the village, the governor said. The accident occurred when…
Iran's petrochemicals output will increase 70% in two years and revenues from the sector will rise by 46% by 2021, managing director of the National Petrochemical Company said. “Nominal…
Iranian Offshore Oil Company, a subsidiary of the National Iranian Oil Company, has not cut offshore crude output nor stopped loading oil for export, managing director of the company said Monday…
Iraq will remain committed to the OPEC+ deal struck in December 2018 to cut production by 1.2 million barrels per day, according to the nation's oil ministry.
Close to 240 billion cubic meters of natural gas -- average 655 million cubic meters/day -- was supplied via the national gas grid in the last fiscal that ended in March, head of the…
Since the beginning of the current water year last September, the volume of water flowing into the country's dams has reached 64.08 billion cubic meters, up 300% compared to 16.15 bcm last year…
Oil prices tumbled by more than 2 % on Monday after US President Donald Trump on Sunday said he would sharply hike tariffs on Chinese goods this week, risking derailing months of trade talks…
The world’s biggest oil buyers are being forced to go on the defensive once again. US President Donald Trump’s sanctions on Iran and Venezuela, the OPEC+ coalition’s output curbs, and…
The know-how to build liquefied petroleum gas (LPG) storage tanks has been indigenized by a private company, managing director of Panahsaz-e-Iran Engineering Company said Monday. "Manufacturing…
The first phase of a wastewater treatment plant in Paveh County in Kermanshah Province was inaugurated by Energy Minister Reza Ardakanian on Saturday. The $2 million facility has the capacity…
Iran's top engineering and energy company the Mapna Group, on Sunday unveiled an advanced gas turbine used in the power, oil, gas and petrochemical sectors. In a news briefing on Sunday, CEO…
Russia’s oil output will be cut by another 1 million barrels per day over the next week after its oil exports were restricted due to contamination issues. The contaminated crude oil was shipped…
Load on the national power load is expected to increase by 5% in the current fiscal that started in March, a deputy managing director of Iran Power Generation, Distribution and Transmission…
Iran’s oil exports will slide in May as the United States tightens the screws on Tehran’s main source of income, industry sources said, deepening global supply losses caused by US sanctions on…
The plan to ration gasoline and increase fuel price has been suspended for now, spokesman for the Majlis Presiding Board told reporters on Sunday. “The matter will be discussed at a joint…
China’s natural gas consumption grew steadily in the first quarter of the current year amid the country’s fight against air pollution.
The National Iranian Oil Company and Iraqi oil officials explored ways to boost cooperation in Tehran on Friday.
The United States' decision to end waivers that allowed a handful of countries to buy oil from Iran is more likely to have geopolitical implications than to affect Italy's energy supply,…
Many say that in the current economic conditions resuming the gasoline rationing system to better manage (curb) fuel consumption is inevitable, but may not help much in preventing smuggling.…
Despite the new US sanctions and bullying, and concerns expressed by Dutch banks, Dutch companies are still cooperating with Iran’s oil industry, said the head of the Dutch pavilion at the 24th…
Turkey will be unable to diversify oil imports quickly after the United States ended waivers on purchases from Iran, the Turkish foreign minister said on Thursday, a day after a US-imposed…
Saudi Arabia’s coast guard assisted an Iranian oil tanker with engine trouble off the coast of Jeddah in the Red Sea after Riyadh received a request for help from Iran. Iran confirmed that its…
A 1000-kilowatt solar power plant became operational in the northwestern Ardabil Province on Thursday, the head of provincial regional electricity company said. "Built over 3,000 square meters…
