President Hassan Rouhani inaugurated three dams and an irrigation network in the northwestern Ardabil Province on Wednesday.
Built at a cost of $30 million, the dams (Ahmadbiglou in Meshgin Shahr, Befrajerd in Khalkhal and Tazehkand in Germi) can store up to 41 million cubic meters of water, IRNA reported.
The dams will supply surrounding counties with potable water.
Experts and independent observers say Iran’s push for economic development is taking a toll on the water resources in the mostly arid and semi-arid country as myopic projects take away scarce water to supply inefficient agriculture and rapidly expanding urban areas.
Without a pragmatic plan of action the country could likely face severe water stress, they have often warned .
Officials, including Energy Minister Reza Ardakanian, insist on building dams as an effective way to check and reverse water scarcity.
Oil slipped towards $65 a barrel on Friday as the threat of war in the Middle East receded and investors focused on rising US inventories and other signs of ample supply.
The United Arab Emirates’ energy minister said on Wednesday he saw no immediate risk to oil passing through the vital gateway of the Strait of Hormuz after Iran attacked bases housing US forces in Iraq.
Norwegian state-controlled Equinor will drill around 100 new wells at its North Sea Statfjord field in the next 10 years as part of a new plan to extend the field's life beyond 2035.
Managing Director of Iran’s Ports and Maritime Organization Mohammad Rastad announced on Wednesday that the commercial ships carrying cargo to the Iranian ports enjoy full safety in light of security provided by the country for its territorial waters.
Log9 Materials, a Bengaluru-based start-up, believes that the fundamental is to focus on the generation of energy, in place of energy storage. It says that a car powered by aluminium fuel cells can have a drive of 1000 km, post which the aluminium plates can be replaced within minutes.
Mexico's government will not relaunch upstream auction rounds this year but will unveil a series of new energy projects by mid-February, President Andres Manuel Lopez Obrador said.