Rainfall in Iran's six main catchment areas has plunged 40% since the beginning of the current water year in Sept. 2020.
The Iran Water Resource Management Company said 157 millimeters of rain (155 billion cubic meters) fell in the last 147 days, down 40% compared to the same period last year,...
Twenty four water and electricity projects worth $50 million were inaugurated in five provinces on Tuesday. Nine were in Qazvin Province, five in Lorestan, and Chaharmahal-Bakhtiari each, four in North Khorasan and one in Alborz Province, the Energy Ministry reported.
Of the projects launched in...
In the present conditions allowing private companies to get involved electricity export will deprive the Energy Ministry of crucial forex revenue, the energy minister said.
“Selling power to neighbors is the only source of foreign currency revenue for the state-run Iran Power Generation,...
Eight dams are in different stages of construction in Lorestan Province, managing director of the provincial Regional Water Company said.
“The dams will supply drinking water to several counties including for farming and industrial use and control flooding,” Dariush Hasan-Nejad was quoted as...
Iran is exporting more oil even as sanctions remain in place, as it looks ahead to a full return to the global oil market as demand recovers from the pandemic.
Preliminary estimates suggest that Iran may have shipped somewhere between 800,000 barrels per day to 1 million bpd of crude and...
Two dams, Molla Sadra and Tang-e-Khomar, were inaugurated in southern Fars Province on Tuesday. Located 140 kilometers from the provincial capital Shiraz, the first dam will help expand farming in the region, a deputy energy minister said.
“With 92 million cubic meters capacity, the dam will...
Oil prices dropped for a second day on Friday, pulling further back from a one-year high after OPEC again lowered its demand forecast and the International Energy Agency said the market was still over-supplied.
Brent crude was down 39 cents, or 0.6% at $60.75 a barrel, having dropped half a...
An oil jetty in the Persian Gulf is near completion in Qeshm Island and will be launched in spring, head of economy and investment affairs at Qeshm Free Zone Organization said Monday.
“With completion of the jetty, Qeshm infrastructure will be ready for private investment in the refining and oil...
Oil prices rose on Monday to their highest in just over a year, with Brent futures nudging past $60 a barrel, boosted by supply cuts among key producers and hopes for further US economic stimulus measures to boost demand.
Brent crude for April touched an intraday high of $60.06 a barrel, the...
Oil prices rose on Monday to their highest in just over a year, with Brent futures nudging past $60 a barrel, boosted by supply cuts among key producers and hopes for further US economic stimulus measures to boost demand.
Brent crude for April touched an intraday high of $60.06 a barrel, the...