Petrochemical output is to rise by 14 million tons upon the completion of 12 major projects in the present Iranian year (started March 2015), Deputy Oil Minister Abbas Shari-Moghadam said, Mehr…
Energy
Iran's oil tanker fleet is among modern fleets in the world and "easily meets global standards," managing director of the National Iranian Tanker Company (NITC) said, Mizan News Agency reported…
Associated petroleum gas (APG) should be utilized to generate electricity, head of the parliament's energy committee said, referring to economic and environmental burdens that have been imposed on…
Close to 9 billion liters of petroleum products were produced, and nearly 90 million barrels of oil processed by Tehran Oil Refinery (TOR) in the previous Iranian year (ended March 21), Shana News…
Azerbaijan’s state energy company SOCAR plans to construct a new platform on the Darwin Bank field in the Azerbaijani sector of the Caspian Sea by late 2015, Azer News reported.
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An estimated $1 billion is invested annually to build dams and hydroelectric plants by the Iran Water and Power Resources Development Company (IWPC), the company's managing director stated.
Iranian oil officials are in Beijing this week to discuss oil sales and Chinese investments in Iran, just days after Tehran and world powers reached a framework nuclear deal, and with the…
The time for implementation of power plant overhaul has dropped by nearly 60 percent of its previous level, technical director of the Power Generation Transmission & Distribution…
The 4th steam unit of Shahid Salimi (Neka) Combined Cycle Power Plant in Mazandaran Province joined the national power grid after undergoing overhauls. The unit which halted operations last year…
Arctic-drilling protesters from the Greenpeace non-governmental environmental organization climbed aboard a Royal Dutch Shell oil rig Monday as it was transported across the Pacific Ocean…
Mexican state oil giant Pemex expects to meet its 2015 output target of 646,000 barrels per day (bpd) for the oil-producing region where a platform exploded last week, killing four people and…
Oil futures climbed more than $1 a barrel on Monday, after Saudi Arabia raised its prices for crude sales to Asia for the second month running, signaling improved demand in the region.
Plans are underway to accelerate the development of Phase 11 of South Pars gas field in the Persian Gulf in the near future, managing director of Pars Oil and Gas Company (POGC) said, Shana news…
Implementation of Jask Oil Terminal project has been given to the National Iran Oil Refining and Distribution Company (NIORDC), managing director of the Iranian Oil Terminals Company (IOTC) said…
Tidal and wave energy potentials were identified in the southern regions in Iran over the past year, based on which a pilot renewable energy scheme will go on stream soon, head of the…
The national gas network expanded by 1,000km in urban areas and number of gas subscribers increased by one million households in the previous Iranian year (ended March 20), Hamidreza Araghi,…
A price dispute between Turkey and Iran for gas imports taken to the international arbitration court is likely to be finalized by May, Turkey's energy minister said, Reuters reported.
Iran’s petrochemical output surpassed 44 million tons in the last Iranian calendar year (ended March 21), coordination and supervision director of the National Petrochemical Company (NPC) said.
Iran Power Generation and Transmission Company (Tavanir) called for 2,500-3,000 megawatts (MW) cut in power consumption during the summer, the company’s deputy for distribution affairs said.
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Iran will increase crude oil output to its pre-sanctions level once a final nuclear agreement is reached and the sanctions are lifted, Oil Minister Bijan Namdar Zanganeh said, ISNA said in a…
Iran aims to export $5 billion of petrochemicals annually to Europe after the economic sanctions are lifted, the Association of Petrochemical Industry Corporation (APIC) secretary general said,…
The budget allocated to water and electricity sector in this year's budget has seen a 31-percent increase compared to last year, deputy for planning and economic affairs at the energy ministry…
There are plans to produce Euro-4 quality diesel fuel from mazut at Esfahan Oil Refinery (EOR) in the near future, maintenance and repair director of at the EOR said, adding that mazut is now…
Libya’s biggest oil port could resume operations in two weeks as fighting in the area recedes amid increasing competition between the divided North African nation’s rival governments for the…
Simultaneous establishment of gas and electricity distribution networks to meet power demands of off-grid regions imposes high costs on the country, a report by Persian daily Forsat-e-Emruz…
