EghtesadOnline: Water consumption in Tehran surged by 5% in the past three months (March 21 to June 21) compared to the corresponding period last year, the managing director of Tehran Province Water and Wastewater Company said at the weekend.
EghtesadOnline: Electricity consumption reached a peak of 55,000 megawatts on Sunday, the highest in the current fiscal year that started in March and close to the 55,500-MW mark registered in the 2017 fiscal year.
EghtesadOnline: Water-intensive lifestyle, lack of long-term plans to efficiently use the limited water resources, inadequate investment to develop water infrastructure and sacrificing national interest at the altar of personal gain are among visible reasons why pleas, plans and proposals to use less water across all sectors have not produced the desired results.
EghtesadOnline: More than 183,000 tons of hydrocarbon products valued at 10 trillion rials ($74.34 million) were traded in the Iran Energy Exchange spot market in the last Persian month to June 20.
EghtesadOnline: Oil tanker owners are raising the prices they charge to export Middle East crude as tensions surge in a region that accounts for about a third of all seaborne petroleum shipments.
EghtesadOnline: Iran’s actual power generation is 59,000 megawatts and network load is projected to surpass 61 GW in summer. The 2,000 MW deficit will have to be compensated by load shedding and outages that will affect industries and households unless consumption declines in the hot season.
EghtesadOnline: Exporting crude under conditions when new US sanctions are intimidating traditional customers is a difficult undertaking and the National Iranian Oil Company should explore all alternatives to export oil, a lawmaker said.
EghtesadOnline: Global methanol demand will grow by 6.5% in the next three years based on data from Methanex, the world’s largest producer and supplier of methanol.
EghtesadOnline: The project to transfer wastewater from nine counties in Isfahan Province to Mobarakeh Steel Company -- Iran's biggest steelmaker located in the same province -- was launched on Friday.
EghtesadOnline: Russia on Monday scrapped the South Stream pipeline project to supply gas to southern Europe without crossing Ukraine, citing EU objections, and instead named Turkey as its preferred partner for an alternative pipeline, with a promise of hefty discounts, BBC reported.