A well at the Esfand Oil Field in the Persian Gulf has become operational, managing director of Drilling Company International, the executive arm of PetroIran Development Company, said.
Energy
Due to unprecedented low precipitation last winter output from 60 hydroelectric power plants in Iran is projected to decline by at least 30% between June and September compared to a year ago.…
A 5.9-magnitude earthquake which hit the southern province of Bushehr on Sunday partially damaged facilities of Gachsaran Oil and Gas Company. Houshang Seidali, head of the company, the temblor…
South Khorasan Province has been suffering from low levels of precipitation for two consecutive decades and almost 91% of the eastern province is affected by drought, director general of the…
Iran and China signed a 25-year “Comprehensive Strategic Partnership” last month that is likely to result, among other things, in increased oil flow from Iran to the world’s second economic…
The price of oil could plunge to as little as $10 a barrel by 2050 if the world succeeds in electrifying the energy market and meeting Paris Agreement goals, a consultancy said.
The water level in Iran’s largest inland body of water (Lake Urmia) which was showed marked improvement in 2020, is falling, head of the Urmia Lake Restoration Project said. “The current…
Jam Petrochemical Company in Asalouyeh, Bushehr Province set a new record in production of olefin products last Persian calendar year (March 2020-2021), producing over 1.22 million tons of…
The Parsian Sepehr Gas Refinery became operational on Thursday in Fars Province, head of the company’s board of directors said.
In the past Iranian calendar year (March 2020-2021), 476 solar water heaters were installed gratis in Kohgiluyeh-Boyerahmad rural areas not linked to the gas grid, director general of the…
The second phase of Firouz Bahram Wastewater Treatment Plan in southwest Tehran is near completion and set to become operational in summer, head of the state-owned Tehran Province Water and…
Construction of the Sarbisheh Wind Power Plant in Doreh rural district in South Khorasan Province is to be completed by fall, head of the renewable energy department of the provincial power…
Wastewater treatment facilities in northern Gilan Province is lagging behind due to poor and underdeveloped infrastructure, especially in the rural areas. An estimated 90 million cubic meters…
The Oil Ministry will invest $80 million in startups and knowledge-based firms, the oil minister said.
The fourth unit of Zahedan Water Desalination Plant in Zahedan, Sistan-Baluchestan Province, was inaugurated Tuesday, managing director of the provincial Water and Wastewater Company said.…
Close to 1 billion kilowatt hours of electricity was generated from alternative energy sources in the last fiscal that ended on March 20. This volume of clean energy helped reduce emission of…
Oil prices edged higher in rangebound trade on Monday on optimism about a rebound in the US economy as vaccinations accelerate, but rising Covid-19 cases in other parts of the world kept a lid…
Isfahan Province has been suffering from drought for years. It is facing new problems this year due to decline in precipitation that has resulted in further reduction of surface water and…
The Energy Ministry is expected to settle its $100 million debt to owners of small-scale plants next month, spokesman for the state-run Iran Power Generation, Distribution and Transmission…
Projects to connect more urban and rural households plus industries to the national gas grid in Sistan-Baluchestan Province will be accelerated with new investments in the range of $800 million…
The efficiency of thermal power plants improved 2% in 2020 to reach 40% and cut natural gas consumption (feedstock) by two billion cubic meters, managing director of Iran's Thermal Power Plants…
Lack of sustainable and long-term planning to combat water shortage can lead to serious consequences, the UNICEF representative to Iran said.
A project to produce catalysts used in polypropylene and high-density polyethylene will be launched at the Arak Center of the Petrochemical Research and Technology Company, Markazi Province, in…
Construction of a wind farm in Mil-e-Nader Wind Farm zone in Zabol, Sistan-Baluchestan Province, has gained momentum as 10 more turbines each with a capacity of 2.5 MW have arrived at the site,…
Oil prices edged down on Friday as investors weighed rising supplies from major producers and the impact on fuel demand from the Covid-19 pandemic. Brent crude futures for June edged down 12…
