The National Iranian South Oil Company, the Iranian Offshore Oil Company and Iran Central Oil Fields Company -- all subsidiaries of the National Iranian Oil Company – signed contracts with…
Energy
Private investment in the loss-making power sector is almost zero, deputy head of the board of directors of the Power Generation Companies Syndicate said. “Lack of investment in the key…
Jam Petrochemical Company in Asalouyeh, Bushehr Province, is to increase sales by 33% compared to last year and will earn $800 million in sales by the end of the current calendar year in March,…
The process of installing smart meters on agricultural wells has slowed down due to rising prices, deputy CEO of the Iran Water Resources Management Company said.
The National Petrochemical Company has plans to develop the downstream industry, one of which is construction of propylene from propane units (known as propane dehydrogenation or PDH units) in…
Tehran wastewater network is 90% compete and will come online in 2022 to enhance water quality and quantity in the capital, executive director of the project said. “Of the 9,000 km wastewater…
Oil prices held near 11-month highs on Friday and were on track for a strong weekly gain as Saudi Arabia’s pledge to cut output continued to buoy market sentiment. Brent crude climbed 13 cents…
Work on boosting output from Azar joint oilfield in western Ilam Province will be complete soon, managing director of the Oil Industries Engineering and Construction Group said.
With the launch of water supply projects to 137 villages in Markazi and Fars provinces on Tuesday, the number villages with piped water has surpassed 12,100, the energy minister said.
Oil prices rose on Wednesday to their highest since February 2020 after Saudi Arabia agreed to reduce output more than expected in a meeting with allied producers, while industry figures showed…
Iraq is still waiting for Iran to resume supplying the country with sufficient amounts of gas for power generation, after the US granted Baghdad a 90-day waiver to continue to import electricity…
So long as cars can run on compressed natural gas, liquefied petroleum gas (LPG) should be used for more useful purposes, head of the Iran CNG Association said. “Iran has some of the world’s…
South Pars Gas Field Phase 14 onshore refinery will go on stream by mid-2021, project manager of the phase said. “Units including steam boilers and gas condensates storage facilities have…
The state-run Iran Power Generation, Distribution and Transmission Company (Tavanir) says the national grid cannot take loads higher than 40 gigawatts in winter. Mostafa Rajabi Mashhadi, a…
The National Petrochemical Company has plans to lift added value and help curb oil export, director of projects at the NPC said. Nineteen projects will come on stream by the end of the next…
As one of the most tumultuous years in oil’s history ends, a delicate task now confronts OPEC+. The alliance of producers led by Saudi Arabia and Russia must decide whether it can continue to…
The parliament cut the government's oil export forecast in the next fiscal budget from 2.3 million to 1.5 million barrels a day, head of the energy committee of the Majlis Budget Integration…
Fossil fuel is on its way out. Most countries, even oil-rich states are slowly but steadily shifting to green power as they grapple with the scale and scope of ecological disasters (climate…
Concurrent with the final construction phase of Azad Dam in Kurdistan Province, executive operations for transferring water from the dam to Sanandaj Water Treatment Plant will start by the end…
Construction of a loading pier for LPG export, at Tombak Port, approximately 50 kilometers north of the port of Asalouyeh in Bushehr Province, is almost complete, managing director of Pars Oil…
The gas unit of Hengam Power Plant in Bandar Abbas, southern Hormozgan Province, the first of its kind in the country to have an indigenized F-class gas turbine, has started operation,…
With the completion of 40 rural water supply projects in Markazi Province, water problems in 74 villages with 300,000 people have been resolved, managing director of the provincial Water and…
In the first seven months of the Iranian calendar year (ends in March) more than $1.4 billion worth of gasoline was exported to Iraqi Kurdistan, Afghanistan, Pakistan, Armenia and some African…
Twenty six power and water projects were officially inaugurated in four provinces on Thursday. Costing over $100 million, four were in West Azarbaijan in the northwest, nine in Isfahan, 10 in…
The National Iranian Drilling Company, a subsidiary of National Iranian Oil Company, undertakes most drilling operations in the country and drilled 4,724 onshore and offshore oil and gas wells…
