China Starts World's Biggest Floating Solar Power Project
madaresharghi A unit of China Three Gorges Corp. is building a floating solar power plant, the world’s biggest, at a cost of 1 billion yuan ($151 million) in the nation’s ...
Iran's Average Oil Prices Rise $12 on Year
madaresharghi Average prices of Iranian crude oil have soared by around $12 per barrel in 2017 from the previous year, the Oil Ministry said, reflecting an upward trajectory in global ...
OPEC to Discuss Supply Cut Deal's Exit Plan Before June
madaresharghi Kuwait’s Oil Minister Essam al-Marzouq said on Sunday OPEC and other oil producers will study before June the possibility of an exit strategy from the global oil supply-cut agreement. ...
Sri Lanka Sets Sight on Iranian Oil Derivatives
madaresharghi Sri Lanka is willing to source its demand for oil derivatives from Iran, Sri Lankan ambassador in Tehran said on Sunday. "There is a lucrative market for oil products ...
China Turns to Nuclear Power for Winter Heating
madaresharghi With its smog-prone north desperate to slash coal consumption, China is looking to deploy nuclear power to provide reliable winter heating. This has raised public safety concerns, although developers ...
Iran, Iraq Sign Oil Swap Agreement
madaresharghi Iraqi Oil Minister Jabar al-Luaibi said on Sunday a deal signed with Tehran to swap up to 60,000 barrels per day of crude produced from northern Iraq's Kirkuk Oilfield ...
Egypt's Pilot Gas Production
madaresharghi A pilot production at Egypt’s Eni SpA-operated Zohr natural gas field will begin “in the coming few days”, the oil ministry said, as the country nears its goal of ...
CO2 Capture Initiative Underway in Mahshahr
madaresharghi An initiative is underway to collect carbon dioxide emissions in petrochemical plants in the southern port city of Mahshahr, Iran's second largest petrochemical hub in Khuzestan Province. Iran's Razi ...
Iran Power Export to Pakistan Up 5%
madaresharghi Iran's electricity supply to Pakistan increased by around 5% in fiscal 2016-17 (ended on March 20) compared to the previous fiscal. "A total of 482 million kilowatt-hours of electricity ...
Iran, Iraq Sign Kirkuk Oil Deal
madaresharghi Iraq has signed an agreement with Iran to export crude from its Kirkuk Oilfield at a rate of between 30,000 and 60,000 barrels per day, an Iraqi oil official ...