The volume of water in Urmia Lake at the end of the previous water year (September 2020), according to the data released by the Iran Water Resources Management Company, has reached 2.73 billion…
Energy
The number and capacity of transformers and power substations have increased in proportion to the rise in electricity generation, a deputy manager at the state-affiliated Power Generation,…
Two of Big Oil’s biggest players dropped their long-term energy outlooks this week: French energy company TotalEnergies and the Organization of the Petroleum Exporting Countries.
The construction of Tang Sorkh Dam in Yasouj, capital city of Kohgilouyeh-Boyerahmad Province, is expected to be completed by the end of the next Iranian year (March 2023), the energy minister…
The construction of Gachsaran Petrochemical Complex in Kohgilouyeh-Boyerahmad Province has registered 87% progress, the oil minister said. “One of the advantages of the project is that 78% of…
Oil fell below $78 a barrel on Friday on the prospects of OPEC+ producers stepping up a planned increase in output to ease supply concerns, although crude remained in sight of a three-year high…
The National Iranian Gas Company is ready to renew its gas export contract with Iraq. …
Natural gas pipe-laying operations are underway nationwide to connect far-flung small towns to the national grid, managing director of the state-owned National Iranian Gas Company said.
The plan to overhaul thermal power plants and boost electricity production, which started in August, is on track and will be complete by May 2022, a spokesman for the Power Generation,…
OPEC sees oil demand continuing to grow to the middle of next decade, even as world leaders prepare for another attempt to avert catastrophic climate change. Global fuel consumption will fully…
Daily gasoline consumption in Iran has reached 85 million liters, which is 18% higher than the corresponding period of last year, the head of Gasoline Station Owners Association said. “However…
Arvand Petrochemical Company in Mahshahr, Khuzestan Province, registered a 289% increase in operating revenues in the first half of the current Iranian year (March 21-Sept. 22) compared with the…
The annual land subsidence in Tehran Province is reportedly 36 centimeters, especially in its southern plains, which is the result of excessive groundwater extraction from underground aquifers,…
The state-run National Iranian Gas Company has injected close to 126 billion cubic meters of gas into the Iran Gas Trunkline (IGAT) since the beginning of the current fiscal year (March 2021-22…
Oil markets climbed for a sixth day on Tuesday, reversing earlier losses, on fears over tight supply while surging prices of liquefied natural gas and coal also lent support. Brent crude…
Policymakers’ shortsightedness and the existence of a mafia-like syndicate that controls thermal power plants has caused Iran to remain fully dependent on fossil fuel-based power, a lecturer at…
The production of methylene diphenyl diisocyanate (MDI) at the Karoun Petrochemical Company during the sixth month of the current Iranian year (Aug. 23-Sept. 22) had a 17.1% increase compared…
Mobarakeh Steel Company, the largest steel company in Iran and the wider Middle East and North Africa region, is the first industrial complex that has replaced freshwater with reclaimed…
The construction of Konjancham Dam in Mehran County, Ilam Province, has registered 85% progress and the budget to complete the project will be allocated soon, Ali Akbar Mehrabian, the new energy…
Power supply restrictions on industries, including steel and cement factories, have been removed, a spokesperson for the Power Generation, Distribution and Transmission Company (Tavanir) said.…
Oil prices steadied on Friday near a two-month high of $77.50 a barrel and were headed for a third straight week of gains, supported by global output disruptions and inventory draws. The rally…
Iran's Oil Minister Bijan Namdar Zanganeh on Sunday appointed Ali Kardor as the new head of the state-run National Iranian Oil Company. Kardor, who previously served as NIOC's investment and…
The Oil Ministry has invested around $10 billion on the development of Azar joint oilfield in Ilam Province to increase the output from the field, which currently stands at 65,000 barrels per…
The construction of a thermal power plant near Zahedan, Sistan-Baluchestan Province, will start soon, director of gas power plants project at Thermal Power Plants Holding Company said. “Located…
The number of electricity meters nationwide has risen by 350,000 over the past 12 months to reach 38 million.
