The third wastewater treatment plant in Lordegan, western Chaharmahal- Bakhtiari Province, was inaugurated, provincial head of the Water and Wastewater Company said.
“The facility treats 6,000 cubic meters of effluent a day and cost $4 million,” IRNA quoted Ahmadreza Mohammadi Dahcheshmeh as...
Oil prices rose on Friday, after touching three-week lows in the previous session, responding to a record decline in US growth as the coronavirus ravaged the world’s biggest economy and oil consumer.
Brent crude was up by 41 cents, or 1%, at $43.35 a barrel. On Thursday, Brent closed down 1.9%...
Oil prices rose on Wednesday after an industry report showed that crude inventories in the United States fell against expectations, giving the market a boost amid record increases of coronavirus infections in the US and elsewhere.
Brent crude futures were up by 14 cents, or 0.3%, at $43.36 a...
The coronavirus crisis may have triggered the long-anticipated tipping point in oil demand and it is focusing minds in OPEC.
According to Reuters, the pandemic drove down daily crude consumption by as much as a third earlier this year, at a time when the rise of electric vehicles and a shift to...
Oil prices edged lower on Monday as rising coronavirus cases and tensions between the United States and China pushed investors toward safe-haven assets.
Brent crude dipped 14 cents, or 0.3%, to $43.20 a barrel, while US West Texas Intermediate crude dropped to $41.19 a barrel, down 10 cents, or...
Schlumberger Ltd., the world's leading oilfield services provider, posted its weakest sales in 14 years and is cutting one-fifth of its workforce while warning that new waves of Covid-19 could derail the nascent recovery in global energy demand.
The second-quarter rout was so bad for...
Ukraine’s state-held gas firm Naftogaz is reportedly opposed to the pricing formula for US liquefied natural gas it could receive under a long-term contract, while there isn’t enough infrastructure ready to ship American LNG from Poland into Ukraine, analysts have said.
The US is eager to supply...
Over a tenth of gas flares in the Permian Basin, the large oil field in the southwest of the US, tend to malfunction and release unlit methane into the atmosphere, the Environmental Defense Fund has reported.
According to the fund, one in ten flares either didn’t burn the methane completely,...
Oil prices rose on Friday on the back of a weaker US dollar, although demand concerns stemming from rising coronavirus cases and escalating US-China tensions kept a cap on prices.
The dollar slid to 22-month lows against a basket of currencies.
A weaker dollar usually spurs buying of...
According to the World Bank, estimates from satellite data show global gas flaring increased to levels not seen in more than a decade, to 150 billion cubic meters, equivalent to the total annual gas consumption of Sub-Saharan Africa.
The 3% rise, from 145 billion cubic meters in 2018 to 150 bcm...