Power plants in Hormozgan Province are using indigenous parts and equipment made by domestic manufacturers, managing director of Bandar Abbas Power Generation Company said.
Energy
The National Iranian Drilling Company, a subsidiary of National Iranian Oil Company, has drilled 17 oil and gas wells in the West Karoun oil block since the beginning of the current Iranian year…
Kamandan Dam in Azna County, Lorestan Province, will be launched by the end of the current Iranian year (March 2022. With a water storage capacity of 28 million cubic meters, Kamandan Dam will…
The global oil demand has already increased to 95 million barrels per day and the market is rebalancing, according to the chief executive of the Abu Dhabi National Oil Company, Sultan Ahmed Al…
The guaranteed purchase price paid by the government for renewable power generated by private companies has, on average, increased by 40%.
Researchers at Amirkabir University of Technology in Tehran, in collaboration with Bu Ali Sina Petrochemical Company in Mahshahr, Khuzestan Province, have designed and produced a more efficient…
Iran's once rich ecosystem has become a victim of ill-advised and harmful decisions in the past four decades and those in charge must be held accountable for the devastation of natural resources…
Ten petrochemical projects are underway and expected to be completed by 2022 to boost output to 100 million tons a year from the current 90 million tons, the oil minister said.
Oil prices fell more than 2% on Thursday, marking a third day of losses, after diplomats said progress was made toward a deal to lift US sanctions on Iran, which could boost crude supply.
With the onset of summer and rising power consumption rise in the capital, sporadic power cuts have started in Tehran, Alborz and Qom provinces, the spokesman for the Iran Power Generation,…
A $70 million contract was signed between Sonqor Chemical Industries Company and two local firms to build Iran’s first methylamine plant, director of the Iranian Investment Petrochemical Group…
Oil rose on Tuesday to hit $70 a barrel for the first time since March, as expectations of demand recovery following reopening of the European and US economies offset concern over spreading…
Following completion of a key oil export pipeline that bypasses the Strait of Hormuz, the National Iranian Oil Company will start exporting crude oil from its new terminal at Jask off the Oman…
Ten private companies in Hamedan Province have got permits from the Renewable Energy and Energy Efficiency Organization (Satba) to construct solar power plants in the western province, managing…
The knowledge-based Ati Iranian Composite Company has started manufacturing composite oxygen cylinders that weigh less and withstand higher gas pressure compared to the usual metal cylinders.
Oil prices were little changed on Monday, trading in a tight range as European economic reopenings offset gloom from surging Covid-19 cases in Asia, fresh restrictions and underwhelming Chinese…
Two small-scale photovoltaic power stations (2 MW capacity) have been synchronized with the national grid in Isfahan Province. Located in Talkhuncheh, a city in Mobarakeh County, the plants…
Gas production in Khangiran Gas Field in Khorasan Razavi Province will increase by 1.4 million cubic meters per day by next March, managing director of the East Oil and Gas Production Company…
The National Iranian Oil Company signed an agreement with the domestic oil company Petropars to develop the Farzad B Gas Field in the Persian Gulf that is shared with Saudi Arabia. The $1.8…
Challenges in the face of water shortages in Iran have been long dubbed as a major crisis but the reality is that the country now is on the verge of water bankruptcy, the chairman of the…
The first phase of Ibn Sina Petrochemical Company in Mahshahr, Khuzestan Province, will be launched in the near future to complete the butane value chain, managing director of the company said…
Oil extraction from the shared West Karoun block in southern Khuzestan Province has reached 420 barrels per day – a six-fold increase compared to 2013. Quoting Oil Ministry data, IRNA said the…
Construction of two petrochemical plants to produce ethylene oxide (EtO) and ethylene propylene diene monomer (EPDM) rubber will begin in Andimeshk, Khuzestan Province, director of Iranian…
A project to drill oil in the Moghan Plain, Ardabil Province, will start by July, the project manager said. “An onshore drilling rig owned by the National Iranian Drilling Company is on the way…
Navidsahand Company, a knowledge-based company in Tabriz, East Azarbaijan Province, has indigenized two advanced multistage centrifugal pumps used in the oil and gas industry, the managing…
