Since the beginning of the current water year (Sept. 23), the level of water in dams across Iran has declined by 30% year-on-year, the head of Data and Information Department at Iran Water…
Energy
Oil prices rebounded on Monday as investors looked for bargains after Friday's slump and on speculation that OPEC+ may pause an output increase in response to the spread of Omicron, but the mood…
The Energy Ministry has planned to increase the country's current electricity production capacity of 85,000 megawatts by 6,000 MW by next summer, which is unprecedented in the country's…
Iran, Turkmenistan and Azerbaijan have concluded a natural gas swap agreement for up to 2 billion cubic meters per year, which will take effect on Dec. 22. According to Oil Minister Javad Owji…
The National Iranian Oil Company plans to increase oil and gas production in the next decade, the managing director of NIOC said.
Manjil Wind Farm in Gilan Province (with 171 wind turbines) has generated close to 75,000 megawatt-hours of electricity since the beginning of the current fiscal year on March 21, a deputy…
Tehran Oil Refining Company has started producing butane, chief of marketing and sales at the company said. “The company has succeeded in adding this valuable and widely used item to its…
Iran’s Energy Ministry ruled out the possibility of a cyber-strike on the data monitoring, collecting and analyzing systems of the country's dams where a series of technical glitches were…
Arvand Petrochemical Company in Mahshahr, Khuzestan Province, exports a part of its polyvinyl chloride (PVC) and caustic soda output to some Middle Eastern countries such as Turkey, in addition…
Bandar Imam Petrochemical Company in southwestern Khuzestan Province has increased its daily output of vinyl chloride monomer (VCM) by 70 tons after the successful overhaul of the VCM unit,…
Brent slid nearly 4% to below $80 a barrel on Friday as a new Covid-19 variant spooked investors, adding to concerns that a global supply surplus could swell in the first quarter following the…
Following plans to sustain natural gas supply to households in the winter, the National Iranian Gas Company has cut gas delivery to cement factories, the head of Cement Employers Association…
The Oil Ministry’s proposal to hike natural gas tariffs in the household sector has been ratified by the Cabinet, based on which the vital commodity’ price will rise on average by 40%, a…
The administration of US President Joe Biden announced on Tuesday it will release millions of barrels of oil from strategic reserves in coordination with China, India, South Korea, Japan and…
The National Iranian Drilling Company has drilled 46 oil and gas wells in the onshore and offshore oil-rich regions of the country in the current Iranian year’s first eight months (March 21-Nov…
Iranians burnt as much as 21 billion liters of gasoline between March 22 and Nov. 22, up 14% or 2.6 billion liters compared with the corresponding period of last year, the head of the National…
US pressure on OPEC+ to pump more oil and cool red-hot crude prices has shone a spotlight on a relatively new problem for the producer group, as it does not have much extra capacity to hike…
A memorandum of understanding for the construction of 150-megawatt small-scale power plants has been signed between the Khuzestan Regional Electricity Company and Safat Energy Yazd Company (…
The construction of Kamandan Dam in Azna County, Lorestan Province, has been completed and its reservoir is ready to be filled with water, the representative of Doroud and Azna in the parliament…
The first development phase of Abadan Refinery in Khuzestan Province, which is expected to be completed by March 2022, will not only help improve environmental conditions but also increase the…
Almost 70% of the thermal power plants' liquid fuel storage tanks have been filled so that they do not face shortage of feedstock during the cold season when there may not be enough gas to feed…
Oil prices came off seven-week lows on Monday but remained under pressure after Japan said it was weighing releasing oil reserves and as the Covid-19 situation in Europe worsened, raising…
To diversify its sources of electricity, the Energy Ministry is making concerted efforts to complete the construction of the first coal-fired power plant near the city of Tabas in South Khorasan…
Iran and Azerbaijan are expected to finalize a number of energy agreements, including the joint development of oilfields in the Caspian Sea. Oil Minister Javad Owji made the statement after…
Fertile lands of Varamin Plain, 40 km southeast of the capital, in the recent past were irrigated with water from Jajroud River, but with the construction of Latyan and Mamlou dams and the lack…
