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A review on govt. plan to barter oil for dues to private sector

22 July 2019 - 21:18
The regulatory body of the government has been recently preparing the draft for a bartering system which is set to settle the government dues to the private power plant owners and electricity contractors.

Birol: IEA Concerned About Tensions in Hormuz Strait

20 July 2019 - 07:24
The International Energy Agency is "significantly" concerned about geopolitical tensions, including in the Strait of Hormuz, but oil markets are currently well supplied and unlikely to see "huge price increases for now," the head of the agency said Friday.

Iran to Earn $5bln by March from Energy Exports to Iraq

17 July 2019 - 19:58
Tehran will raise $5 billion revenues for its gas and electricity exports to neighboring Iraq by the end of the current local calendar year on March 20, 2020, said Secretary General of Iran-Iraq Joint Chamber of Commerce Seyed Hamid Hosseini on Tuesday.

Liberty Ostrava increases steel prices by €20/t

16 July 2019 - 15:30
UK-based steelmaker Liberty Steel has boosted offers by €20/t ($22.46/t) at its recently acquired Ostrava steelworks in the Czech Republic to offset raw material and energy cost increases, as it implements a 20pc production cut.

Iran to Earn $5bln by March from Energy Exports to Iraq

16 July 2019 - 15:25
Tehran will raise $5 billion revenues for its gas and electricity exports to neighboring Iraq by the end of the current local calendar year on March 20, 2020, said Secretary General of Iran-Iraq Joint Chamber of Commerce Seyed Hamid Hosseini on Tuesday.

Rouhani inaugurates development projects worth over $1b

15 July 2019 - 23:22
President Hassan Rouhani put 132 major development projects worth 14.79 trillion rials (about $352.14 million) plus €594 million (nearly $670 million) into operation in North Khorasan province, northeast of Iran, on Monday, IRNA reported.

Researchers get A$1m to develop solar power system that works at night

15 July 2019 - 18:01
Researchers at Curtin University are working on a thermal battery that is part of the Concentrated Solar Power system being developed by United Sun Systems, which requires a battery to store and release energy to enable non-stop solar power generation.

2 Steam Units Added to Shirvan Power Plant

15 July 2019 - 12:45
Two steam units of Shirvan Combined Cycle Power Plant in Shirvan County, North Khorasan Province, were launched Sunday in the presence of President Hassan Rouhani.

Iran to Increase Annual Pet-Chem Output by 50%

12 July 2019 - 22:05
Iranian First Vice-President Eshaq Jahangiri said that Iran’s petrochemical production capacity is expected to reach 90 million tons per year in 2020, saying that the industry’s annual output will witness an almost 50% rise from the current yearly production of 64 million tons.

Iranian H1 hydropower output seen to be quadrupled

10 July 2019 - 01:27
The electricity output of Iran’s hydroelectric power plants is expected to reach 20,000 gigawatt hours (GWh) in the first half of the current Iranian calendar year (to end on September 22), four times more than the figure for last year’s same period, IRIB reported on Monday.
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