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 Wastewater Company said.
“Out the total 1,113 villages in the province, 854 with a population of about...
Oil gained ground on Wednesday on the back of a weaker dollar, a decline in US crude oil inventories and as Britain approved another coronavirus vaccine, but both benchmark contracts were set to end the year about 20% lower. Brent crude futures rose 45 cents to $51.54 a barrel, having started the...
The LNG market enters 2021 with reports of a South Korean company planning to use LNG-cooled warehouses for bulk storage of Covid-19 vaccines as conventional cold distribution chains could be stretched.
This is emblematic of how LNG is finding new uses in Asia where gas exporters are looking to...
Oil prices edged higher on Monday after Donald Trump, the embattled outgoing US president, signed a $2.3 trillion coronavirus aid and spending package, although lingering worries about near-term demand weighed on the market.
Brent crude futures added 12 cents, or 0.2%, at $51.41 a barrel, having...
Russia expects to support an increase in oil production by the group, known as OPEC+, of another 500,000 barrels per day from February at next month’s summit of the leading global oil producers, Russian Deputy Prime Minister Alexander Novak said.
Oil prices are trading above $50 per barrel,...
Oil prices dropped on Wednesday after an industry report showed an unexpected rise in US crude oil inventories, and as President Donald Trump rattled markets by threatening not to sign a long-awaited US Covid-19 relief bill.
Brent crude futures were down 38 cents, or 0.8%, to $49.70 a barrel,...
Average rainfall since the beginning of the current water year in September slightly increased water stored in dams. According to data from the Iran Water Management Company, dams now hold 26.7 billion cubic meters of water up 1% compared to the same time a year ago, ISNA reported.
There are 193...
Oil prices dropped about 3% on Monday as a fast-spreading new coronavirus strain that has shut down much of the United Kingdom fueled worries over a slower recovery in fuel demand amid tighter restrictions in Europe.
Brent crude slid $1.54, or 3.0%, to $50.72 a barrel after rising 1.5% and...
Oil steadied near a nine-month high on Friday on track for a seventh weekly gain in a row as investors focused on the rollout of Covid-19 vaccines and looked past rising case numbers and tighter lockdowns in Europe.
Pfizer has applied for approval in Japan for its vaccine, which is being used in...
The president of OPEC reiterated that the oil producers’ organization shouldn’t rush to increase output early next year and said energy demand was still fragile with the coronavirus raging across parts of the world.
Algeria’s Energy Minister Abdelmajid Attar, who holds OPEC’s rotating presidency...