Oil prices rose for a second session on Monday, as concerns over US output following damage from Hurricane Ida supported the market, along with expectations for higher demand. Brent crude rose…
Energy
The annual ethylene injection to West Ethylene Pipeline is expected to reach 3.5 million tons in four years, in which case petrochemical companies will have enough feedstock to produce value-…
Iranian specialists have indigenized two major catalysts used in the petrochemical industry, which will help save $70 million for the country as their domestic production is much cheaper than…
About 8,000 meters of drilling operations have been carried out at Phase 11 of South Pars Gas Field, managing director of Petropars Group said. “The first section of drilling operations in the…
Gasoline storage capacity in Iran has reached 3 billion liters. According to data from the National Iranian Oil Refining and Distribution Company, a subsidiary of the National Iranian Oil…
Annual water withdrawal from dwindling underground resources in drought-stricken Semnan Province has exceeded 150 million cubic meters and it is continuing unabated, managing director of the…
The installation of 3,000 smart electricity meters on agricultural wells in Tehran Province has helped curb annual water consumption by 35 million cubic meters, the provincial water company’s…
Raising the quality and output of oil refineries and building new refineries are on the agenda of the Oil Ministry to help increase Iran's oil refining capacity by 1.5 times in five years, the…
Water is closely linked with industrial development and economic growth. The director of the National Water and Wastewater Engineering Company of Iran (Abfa) added that water supply and…
Oil prices rose on Friday on growing signs of tightness in US markets after Hurricane Ida hit offshore output, although benchmarks were heading for weekly losses of nearly 1% after China…
Domestic companies and manufacturers are supplying about 80% of the parts and equipment required by Isfahan Oil Refining Company in central Isfahan Province, commercial director of the company…
The National Iranian Gas Company has carried out overhaul operations on 10 gas refineries since March, the head of production department at the state-run NIGC said.
The first small hydroelectric power plant in Khorasan Razavi Province was inaugurated on Wednesday, the head of the provincial water company said. “Ardak Hydropower Plant, located 70 km from…
Of the total 85 catalysts used in Iran’s petrochemical industry, 22 have been indigenized, the National Petrochemical Company’s director for investment said. “The domestically-produced…
Oil prices of $65-75 per barrel were "comfortable" for consumers and that the OPEC+ group of leading oil-producing nations was striving to maintain that price range by regulating output, the…
More than 115,000 tons of liquefied petroleum gas have been exported from the Siraf Pars Port on the Persian Gulf coast in the past seven months, the port operator said.
Oil prices were mixed on Tuesday, as some investors scooped up bargains following recent losses, while Saudi Arabia's sharp cuts in crude contract prices for Asia sparked fears over slower…
Urea production at Khorasan Petrochemical Company in North Khorasan Province has increased by 11,000 tons in the first five months of the current Iranian year (March 2021-22) compared with the…
While Qatar is meeting at least 30% of the global helium demand from the field adjoining the giant South Pars Gas Field off the Persian Gulf, Pars Oil and Gas Company, the operator of SP…
Projects are underway in two northwestern provinces of East Azarbaijan and Ardabil to help alleviate water shortage in the region. A project to build a new pipeline to transfer water from…
Iran's Thermal Power Plants Holding Company, a subsidiary of the Energy Ministry, is willing to cede the ownership of state power stations to major power users, including automakers, steel…
The first sweetening train of the Phase 14 refinery in the giant South Pars Gas Field will come on stream in the winter, the Oil Ministry’s news agency Shana reported.
Gilan Province’s annual water consumption tops 3.3 billion cubic meters, most of which is used in the agro sector, the head of provincial water company said.
The sales of Arvand Petrochemical Company in Mahshahr, Khuzestan Province, have increased in the first five months of the current Iranian year (March 21-Aug. 22). The petrochemical plant in…
A total of 800 projects worth $450 million are underway to help develop the sprawling capital Tehran’s water supply grid, managing director of Tehran Province’s Water and Wastewater Company said…
