EghtesadOnline: The world is going through tectonic change in the energy sector and the renewables revolution is compelling the energy industry to evolve, managing director of the Oil Industries Engineering and Construction Company (OIEC) said.
EghtesadOnline: Unlike previous years when some petrochemical plants had to be shut down due to lack of feedstock in winter, natural gas in sufficient volumes from South Pars Gas Field will keep all petrochemical complexes in full operational condition, head of the National Petrochemical Company said Saturday.
EghtesadOnline: Projects to decrease groundwater extraction in Yazd Province have helped reduce the rate of depletion of groundwater in plains and aquifers.
EghtesadOnline: The Ministry of Industries, Mining and Trade's review of 12 minerals during the first five months of the current Iranian year (March 21-Aug. 22) shows eight witnessed year-on-year growth while the other 4 saw declines.
EghtesadOnline: The last offshore platform of South Pars Gas Field phases 22-24 was successfully loaded at Iran Marine Industrial Company, also known as SADRA, in Bushehr Province Thursday.
EghtesadOnline: To comply with the International Maritime Organization (IMO) new regulations for a 0.5% global sulphur cap for marine fuels, refineries are making concerted efforts to lower sulphur content in mazut production, spokesman of the Iranian Oil, Gas and Petrochemical Products Exporters' Association said.
EghtesadOnline: Close to 1.2 quadrillion rials ($9.81 billion) worth of investments were made in industrial units for which establishment permits were issued, while projects with operating licenses received 175.25 trillion rials ($1.53 million) in the first five months of the current Iranian year (March 21-Aug. 22).
EghtesadOnline: The oil industry has been a driving force for local upstream and downstream companies including private enterprise working for or related to oil in some form or fashion.
EghtesadOnline: Lavan Oil Refinery has started producing gasoline compliant with Euro-5 standards, the managing director said.
EghtesadOnline: Consumption of environmentally-unfriendly liquid fuels like diesel and mazut in power plants and farming declined 31% over the past six years, the Oil Ministry's deputy for planning and economic affairs said.