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Oil prices face big volatility as spare capacity dries up

After more than a year of pressure from the United States and other top oil consuming countries, OPEC+ finally agreed to accelerate oil supply increases last week to tame runaway fuel prices and slow inflation.

Iran to roll out 10GW of new renewables capacity in four years

Iran’s Energy Ministry plans to roll out some 10 gigawatts (GW) of new capacity for electricity generation from renewable sources.

Iran’s envoys instructed to use full capacity for importing reliable COVID jabs

National Desk

Efforts to expand Iran-Russia tourism ties underway

Minister: Iran’s tourism capacity unique in world

Iranica Desk Iran's tourism capacity is unique in the world, said the Iranian Minister of Cultural Heritage, Handicraft and Tourism.

Iran’s port capacity up nearly 40% in seven years: Ports authority

Iran’s Ports and Maritime Organization (PMO) said cargo handling capacity at ports south and north of the country rose by nearly 40% in seven years to reach a total of 250 million metric tons in the year to late March.

Iran has 20-40% annual growth capacity in trade with other countries

Chairman of Exports Commission of Iran's Chamber of Commerce, Industries, Mines and Agriculture Jamshid Nafar said that Iran has the capacity for a 20 to 40 percent growth per year on trade with world countries.

Minister: Iranian ports capacity to reach 500m tons per year in five years

Iran will increase the capacity of its ports from current 285 million tons per year to 500 million tons under a five-year plan, said the minister of roads and urban development on Sunday.

Minister: Power plant capacity grew 12-fold in 42 years

Domestic Economy Desk

Global CCS capacity grew by a third, but much more needed: Report

Global carbon capture and storage (CCS) capacity grew by a third in the past year, but it was far too slow to meet global climate targets, the Global CCS Institute said.

Iran petchem plant operates at 104% of capacity

Iran’ Martyr Tondgouyan Petrochemical Plant has operated beyond expectations by producing 107,000 tons of petrochemicals; i.e., 104 percent of its installed capacity in the period between October 21 and November 20, 2020.

New US government should use Iran’s capacity to ensure peace, security: MP

By Sadeq Dehqan & Farzam Vanaki

Iran aims to expand port capacity to 630mt by 2025

Iranian authorities said they have plans to expand the country’s port capacity to 630 million metric tons per year by 2025.

Governor: Movie theaters outside New York City to reopen at limited capacity

Cinemas outside of New York City will be allowed reopen at limited capacity on Oct. 23, Governor Andrew Cuomo announced.

Iran’s power plant capacity to increase by 1,000MW

The chief executive of Thermal Power Plants Holding Company said that 1,000 megawatts of electricity will be added to the installed capacity of Iran’s power plants by the end of the current Iranian year.

Iran’s renewable energy capacity hits 825 MW

Iran’s capacity of renewable power production reached 825 megawatts, according to the data released by Renewable Energy and Energy Efficiency Organization.