TEHRAN (FNA)- Iran’s Energy Ministry has operationalized a scheme of swap mechanism allowing private owners of electricity farms across the country to export power through the national grid to all of the neighboring countries of Iran.

A new report on Tuesday said that electricity generated in solar and wind farms in any part of Iran can be swapped with the same amount of power from the national grid on the borders for delivery to foreign customers,"...

TEHRAN, Nov. 13 (MNA) – The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) said that the production and export of petrochemicals are continuing as scheduled in Iran.

Addressing a gathering of senior petrochemical executives in the northwestern city of Mashad on Tuesday, Jafar Rabiei said on Tuesday, “Fortunately, production and export of petrochemicals is in a sustainable manner.”

He"...

TEHRAN – Iranian deputy oil minister for engineering, research and technology affairs said the ministry has signed 26 major deals with the country’s universities, IRNA reported.

Speaking on the sidelines of a signing ceremony for a memorandum of understanding (MOU) between the Oil Ministry and Iranian Mining Engineering Organization (IMEO), Saeid Mohammadzadeh said five of the mentioned deals are in the field of exploration.

The"...

TEHRAN – Iranian President Hassan Rouhani announced on Sunday the discovery of a major oil field with an estimated in-place reserve of 53 billion barrels in southwestern Khuzestan province, Shana reported.

The oil field has a depth of 80 meters and extends over 2400 square kilometers between Bostan District in Dasht-e Azadegan County and Omidiyeh County in the oil-rich province.

President"...

TEHRAN, Nov. 11 (MNA) – Iranian Oil Bijan Namdar Zanganeh said the newly-discovered oilfield in Khuzesan, named Namavaran, has an estimated 53 billion barrels of in-place oil.

Addressing reporters on Monday, the minister said the new discovery had added 22 billion barrels of crude oil to previous estimates of the field, which stood at 31 billion barrels.

He said"...

TEHRAN - National Iranian Gas Company (NIGC)’s dispatching director said with the recent increases in South Pars gas field output and new lines and pressure boosting units going on stream along the national gas network, NIGC is ready for sustainable gas supply during the cold season.

As reported by Shana on Saturday, according to Mehdi Jamshidi Dana the annual overhaul program for the gas network’s refineries and transmission lines is"...

TEHRAN (FNA)- Iranian Ambassador and Permanent Representative to the International Organizations Kazzem Qaribabadi announced that his country has in a letter informed the International Atomic Energy Agency (IAEA) of its intention to inject UF6 gas into centrifuge machines at Fordo nuclear facility.

'It has been stated in the letter that the Islamic Republic of Iran will start injecting UF6 gas at Fordo installations on Wednesday and the Agency's"...

TEHRAN (FNA)- Tondgouyan Petrochemical Company, the largest supplier of PET in Iran, has recorded a superb performance in the first 7 months of the current local calendar year (March 21-October 22) with an output at 103% of its nameplate capacity.

CEO of the Tondgouyan Petrochemical plant Seyed Reza Qassemi Shahri said on Monday that the company had boosted its output and its output exceeded the plant’s nameplate capacity in the first 7 months"...

TEHRAN (FNA)- Iran’s Ministry of Energy announced that the country’s power generation from renewable sources is witnessing a significant rise, contributing to the curb in energy-related emissions.

Iran’s Ministry of Energy said on Monday that total power output from renewables in a period between March 21 and October 22, 2019 amounted to nearly 4.3 terawatt hours (TWh), saying the production led to a decrease of 2.974 million tons"...

TEHRAN, Nov. 05 (MNA) – The productivity of Tondgouyan Petrochemical Company, the largest supplier of PET in Iran, stood at 103% of its nameplate capacity in the first 7 months of the current calendar year, which began on March 21.

According to the plant’s CEO, Seyed Reza Ghasemi Shahri said on Monday that the company had boosted its output and its output exceeded the plant’s nameplate capacity in the first 7 months of the current"...