Energy

  • Launch of six petrochemical projects since the beginning of the current Persian fiscal year (March) has increased annual production capacity by 10 million tons -- from 66 million tons last year…

  • Global demand for road fuels hit a two-month high last week, recovering from the slowdown in October and November when many countries in Europe imposed lockdowns for a second time this year,…

  • Ethane production in the first seven months of the current Persian year (started in March) increased 38.5% compared to the same period last year, manager of the third refinery of South Pars Gas…

  • One of the two 30 megawatt units of Zarand Thermal Power Plant in the namesake county, Kerman Province, is out of service due to lack of fuel since October, managing director of Zarand Power…

  • A water supply tunnel project in southern Kerman Province has been halted by judicial order, the provincial governor general said. “The project to transfer drinking water from Safaroud Dam in…

  • Global oil demand will rise in 2021, but not enough to surpass 2019 levels as the coronavirus pandemic continues to weigh on transportation fuel demand, especially jet fuel, according to S&P…

  • Bu-Ali Sina Petrochemical Company in Mahshahr, Khuzestan Province, is moving ahead with two projects to produce higher value-added products, the managing director said.

  • Oil prices eased on Friday but were set for a sixth week of gains, as the rollout of novel coronavirus vaccination programs fed hopes that demand for fuel would rebound next year.

  • Compressed natural gas sales reached 21 million cubic meters per day in the first half of the current Iranian calendar year (March to Sept.). The figure shows 10% growth compared to the same…

  • Dams are built to help protect against the potential loss of life and properties that can be caused by flooding. There are 200 dams in Iran half of which are in southern regions like Khuzestan…

  • Catalysts used for dry reforming of methane at Khuzestan Petrochemical Company has been indigenized with the help of two domestic companies. Petrochemical Research and Technology Company has…

  • Despite good rains in Markazi Province the water deficit of underground sources has not been compensated, head of the provincial Water Resources Planning Department said.

  • Seventeen power and water projects worth $23 million were inaugurated in three provinces on Tuesday. One is in Tehran, eight in the northeastern Golestan Province and eight in Ilam in the west,…

  • Private firms have invested $86 million to expand wastewater networks in three cities in Kerman Province and the southeastern province now holds the record for the highest private investment in…

  • Oil prices fell on Monday as a continued surge in coronavirus cases globally forced a series of renewed lockdowns, including strict new measures in Southern California in the United States, the…

  • Residential gas consumption rises in the cold seasons and as a result gas supply to power plants declines, an Energy Ministry spokesman said. “If homes do not reduce gas consumption there will…

  • Tamkar Gas Equipment Company, a knowledge-based firm, has developed an associated petroleum gas (APG) or flare gas recovery system to reduce greenhouse gas emissions in Parsi Oilfield near Ahvaz…

  • The OPEC+ decision Dec. 3 to ease its output cut by an initial 500,000 bpd in January is unlikely to unbalance oil markets amid hopes for oil demand recovery from the early introduction of…

  • The rise in ground water salinity including from deep wells in Yazd has harmed the quality of drinking water in the arid region, managing director of the provincial water company said.

  • Iranian engineers indigenized some 1,000 parts used in Ramin Power Plant in Ahvaz, Khuzestan Province, during the first eight months of the current Persian calendar year (March 20-Nov. 20),…

  • Construction of two dams, Javeh and Azad, is underway in western Kurdistan Province and $90 million has already been spent on the two projects but work is slow due to funding constraints,…

  • Return of normalcy to Iran’s oil export after US president-elect Joe Biden takes office in January and eases the economic siege is way off, a deputy head of the Iran Chamber of Commerce,…

  • The first 160 megawatt steam unit of Ferdowsi Power Plant in Mashhad, Khorasan Razavi Province, was launched at the weekend, as the first step to convert the conventional thermal station into a…

  • The first phase of a large wind farm in the Mil-e-Nader village in Zabol County, southeastern province of Sistan-Baluchistan, started partial operation on Thursday, deputy minister of energy…

  • Large BB3 multistage centrifugal pumps used in the oil and gas industry have been indigenized, the managing director of Iran Industrial Pumps Company said.