EghtesadOnline: Three fuel depots in the vicinity of Tehran are safe and there is no need for relocation, head of the National Iranian Oil Products Distribution Company (NIOPDC) said.
EghtesadOnline: With the launch of 13 petrochemical projects by March, Iran’s petrochemical production capacity will reach 90 million tons per year from the current 70 million tons.
EghtesadOnline: Construction of Nematabad Dam in Hamedan Province is almost complete and is scheduled to be launched in two months, managing director of Hamedan Regional Water Company said.
EghtesadOnline: Oil prices fell for the first time in four days on Wednesday, slipping from as much as five-month highs as mounting coronavirus cases worldwide and in the United States undercut market confidence about a potential pickup in fuel demand.
EghtesadOnline: National Iranian Gas Company’s annual gas output will increase by at least 22% by 2021, head of the state-run NIGC said.
EghtesadOnline: An estimated 90% of the renewable water resources in Markazi Province is consumed in the agriculture sector, managing director of Markazi Regional Water Company said.
EghtesadOnline: To help expand the value-added chain in the petrochemical industry, three projects that cost $1.6 billion will be inaugurated on Thursday, managing director of the state-run National Petrochemical Company said.
EghtesadOnline: Researchers at Sharif University of Technology (SUT) in Tehran have designed and manufactured a javel water making machine with an Iranian electrolyzer, Erfan Touraji, the project director, said.
EghtesadOnline: Oil prices fell on Monday on oversupply concerns as OPEC and its allies wind back production cuts in August and a rise in worldwide Covid-19 cases points to a slower pick-up in fuel demand.
EghtesadOnline: From quiet skies over Europe to sparse traffic in America’s biggest cities, a recovery in global oil demand is faltering amid the resurgence in coronavirus.