Energy

Managing consumption instead of building new power plants

Tavanir Co. has announced plans by the Ministry of Energy to control energy consumption in peak hours during summer. With the weather getting hot from June to September, the consumption of electricity increases significantly and […]

Climate

Water crisis affects listed companies

Water shortages have caused worry for companies in the Bourse. Almost half of the companies in the Bourse are located in the center of the country which is faced with severe water shortages. During the […]

Energy

The Oil Minister at the Parliament

The Minister of Oil, Bijan Zangeneh which had visited the parliament to answer the questions of a number of representatives, called the objection of some representatives towards increased cooperation with foreign companies a mistake and […]

Energy

Currency crisis threatens power plant projects

Members of the Electricity Syndicate have warned the Ministry of Power that recent currency fluctuations will lead to 100 power plant projects shutting down which can lead to outages. Shargh writes, an industry which used […]

Climate

Tabriz looking to resume its ties with Germany

In a meeting with a German Commercial Delegation visiting the city of Tabriz, the Chairman of the Tabriz Chamber of Commerce, Samad Hassanzadeh, mentioned Tabriz as the Capital of Tourism in Islamic Countries in the […]

Climate

An expensive solution to resurrect Lake Urmia

In spite of opposition from experts, the government plans to import water from Turkey’s Lake Van in order to resurrect Lake Urmia. Located in north-west of Iran, Urmia Lake was the largest salt-water lake in […]

Energy

Iran carries oil to India at no cost

Abrar Eqtesadi writes that by offering incentives to Indian refineries, Iran plans to increase its share of the Indian oil market. Four Indian refineries can receive their deliveries free of charge at the coast. Indian […]