Construction of Eslamabad-e-Gharb Petrochemical Plant in Kermanshah Province started Saturday. It will be the first to produce polypropylene from natural gas. With an estimated cost of $545…
Energy
Iranian Investment Petrochemical Group is expanding operations and will contribute to the value chain of petrochemicals, the managing director, Rasoul Ashrafzadeh, said. Founded in 2011 in…
A second dry cooling tower will be launched in summer to save water at the Shahid Mofateh Power Plant in Hamedan Province, managing director of the plant said. The first dry tower of the plant…
Oil prices climbed on Friday to their highest levels in a year, extending a run of strong gains this week, boosted by the continued commitment of producers to hold back crude supply and positive…
Oil prices rose on Wednesday after hitting their highest in about a year in the previous session, supported by an unexpected draw in US crude stockpiles and an OPEC+ estimate of a global oil…
Overextraction from renewable and underground water resources in Mazandaran Province has become a new and serious challenge, managing director of the Regional Water Company said. “Close…
Iran and Afghanistan signed an agreement in Zabol in southeastern Sistan-Baluchestan Province on Tuesday to reconfirm Iran’s full share of water from Hirmand (aka Helmand) River after half a…
While officials say water transfer from the Caspian Sea to Semnan Province is the only solution to meet the growing demand of farmers and industries, environmentalists and economic experts…
OPEC boosted crude production as planned last month, but the increase was tempered by disruptions at long-troubled member nations. The Organization of Petroleum Exporting Countries raised…
Dams could collectively hold 13 billion cubic meters of water in the late 1970s, but capacity has now reached 53 bcm, the deputy energy minister for water and wastewater affairs said in Tehran…
Bandar Abbas Wastewater Treatment Plant and the Persian Gulf Supply and Development Company-- a subsidiary of the Iranian Mines & Mining Industries Development & Renovation Organization…
Oil prices edged higher on Monday after a weak start, holding on to the past three months of gains, although patchy coronavirus vaccine rollouts, new infections and the discovery of new variants…
At least 3% of petroleum revenues should be earmarked for expanding infrastructure in oil-producing provinces namely Khuzestan and Bushehr, but in practice much less has been allocated to these…
The third steam unit of Shirvan Combined Cycle Power Plant in Shirvan County, North Khorasan Province, was launched Sunday. Producing 160 megawatts, the unit cost $205 million and will supply…
If all goes well water from Koochari Dam in central Isfahan Province will be transferred to Saveh County in Markazi Province in two years, the representative of Saveh and Zarandieh counties in…
Water stored in dams across Iran has reached 26.63 billion cubic meters, which is 1% less than the same time last year, the Energy Ministry news portal Paven reported.
Crude oil prices will trade in a range between $45 a barrel and $80 a barrel in the period until 2035, under a set of scenarios developed by the Russian energy ministry in a draft general plan…
Methanol production capacity almost doubled in the past two years to 12 million tons in 2020 following the start of new petrochemical facilities in Assaluyeh in the southern province of Bushehr…
With completion of water transfer from the Persian Gulf to Kerman Province, plans are underway to supply water from the southeast region to South Khorasan Province, the representative of…
An estimated $50 billion is needed to develop and maintain gas fields across Iran over the next 20 years, managing director of Pars Oil and Gas Company, a subsidiary of the National Iranian Oil…
The Majis Research Center in a report said Iran will need 29,000 tons of catalysts annually by 2026 worth an estimated $692 million for the petrochemical, refining and gas sectors, head of the…
Oil prices were slightly lower in subdued trade on Friday, sticking to ranges seen over the past three weeks, as investors looked for signs of changing supply and demand fundamentals.
The Firouz Bahram Wastewater Treatment Plant at the southwestern tip of Tehran will raise yearly water reclamation capacity by nearly 76%, head of the provincial Water and Wastewater Company…
Twenty three water and electricity projects costing $34 million came on stream in four provinces on Tuesday including 11 in Qom Province, 10 in Zanjan, two in Isfahan and Semnan provinces, the…
Oil rose above $56 a barrel on Wednesday after industry data showed US crude inventories fell unexpectedly and as concerns eased about a resurgence in coronavirus cases in China, the world’s…
