Oil prices fell on Friday after dropping about 3% a day earlier as coronavirus cases remained high in major oil consumer India and as a key fuel pipeline in the United States resumed operations…
Energy
Nomad families have taken delivery of 60,0000 portable solar power generators in the last three years, the deputy head of Nomadic Affairs Organization said. “Of the total 250,000 nomad…
Researchers and engineers at Atieh Pardazan Sharif Company, a knowledge-based firm, have manufactured a seawater electrochlorination system that can treat and disinfect saline water and provide…
Natural gas condensates output is expected to double by the end of the calendar year next March, the state news agency reported. An estimated 650,000 barrels of gas condensates are…
Construction of Khorramrud Dam in Tuyserkan County, Hamedan Province, has made 40% physical progress, the managing director of Hamedan Regional Water Company said. “Built on a namesake river,…
Oil rose on Monday after major US fuel pipeline operator Colonial Pipeline had to shut fuel pipelines due to a cyberattack, raising concerns about supply disruption and pump price increases.
Iran’s state and private sector electricity producers are willing to help rehabilitate Iraq’s crumbling power infrastructure but the Baghdad government does not seem interested, the energy…
A resurgent Iran pumped its largest volume of crude in almost two years in April, while an increasingly compliance-challenged Russia also boosted its output yet again, bringing total production…
Desalination in the southern Bushehr Province increased 2.5 fold in the past three years but is not enough, head of the provincial Water and Wastewater Company said. “Two desalination units…
A number of unnamed petrochemical company managers in Mahshahr Special Petrochemical Economic Zone in Khuzestan Province have been charged with violating environmental standards and will be in…
Production of polyethylene terephthalate, better known as PET, at Shahid Tondgouyan Petrochemical Company topped 107,000 tons in the first month of the current Persian calendar year (March 21-…
If the state-run National Iranian Oil Refining and Distribution Company was not self-reliant in gasoline production, it would have to spend an estimated $20 billion to import the fuel in the…
Iranian companies will produce pipes for 28 oil reservoirs in the south and southwest, managing director of the National Iranian South Oil Company said. “The project includes laying 5,000 km of…
The National Iranian Gas Company's output stood near 260 billion cubic meters in 2020. As per data released by the state-run NIGC (a subsidiary of the National Iranian Oil Company), of…
Eleven petrochemical projects in the last fiscal year that ended in March contributed to the value chain and expanded the National Petrochemical Company’s annual production capacity by 15%, from…
Oil prices recovered after a 1% dip in the previous session on buoyant economic data from China and the United States, even as the surging Covid-19 pandemic in India capped prices. Brent crude…
Rural gas supply projects in Kermanshah Province continued in the last Persian calendar year (March 2020-2021) and 9,374 households in 219 villages were connected to the gas grid, managing…
The steam unit of the Qeshm Combined-Cycle Power Plant, aka combined cycle gas turbine (CCGT), in Qeshm Island in southern Hormozgan Province, will come on stream next year, the island’s…
Oil prices rose for a third day on Wednesday as easing of lockdowns in the United States and parts of Europe heralded a boost in fuel demand in summer season and offset concerns about the rise…
Pipe-laying work in Mahshahr Petrochemical Special Economic Zone (Petzone), Khuzestan Province, has been completed, operator of the project said.
More than 77% of the repair and maintenance of thermal power plants is over, director-general of the technical office at the Thermal Power Plants Holding Company said.
The era of high demand for oil and petroleum products will not be as before, most experts and analysts say. Nonetheless, Iran still has the opportunity to restore its lost market share if it…
Russian oil and gas condensate output rose 2% to 10.46 million barrels per day in April, from 10.25 million bpd in March, according to Reuters calculations based on an Interfax report on Sunday…
Forty million dollars have been earmarked for rehabilitating qanats this year, up 170% compared to the last fiscal year, head of the water affairs department of the Agricultural Jihad…
The first geothermal power plant near the city of Meshkinshahr in northwest Ardebil Province will come on stream by June, the Ardebil governor said. Costing $9 million, the plant has a capacity…
