Energy

Iran’s economy, while diversified, is still heavily influenced by the state of the oil and gas market. Read more about recent news and developments in the sector here.

Iran to Build Oil Refinery in Syria: Official

Iran to Build Oil Refinery in Syria: Official

An Iranian official says the Islamic Republic plans to construct an oil refinery in Syria as part of Tehran-Damascus cooperation for rebuilding the war-torn Arab state.
Britain Inks €500m Deal to Build Solar Farm in Central Iran

Britain Inks €500m Deal to Build Solar Farm in Central Iran

UK renewables investor Quercus has signed a deal worth over half a billion euros to build and operate a 600-megawatt (MW) solar farm in Iran, the company said on Wednesday.
Iran Appoints 1st Female Manager of Gas Field Development Project

Iran Appoints 1st Female Manager of Gas Field Development Project

An Iranian woman has been appointed for the first time as the manager of a major gas field development project in the country.
Farzad B

Iran in Talks with India, Russia on Gas Field Development

A top Iranian official says talks are underway with India and Russia’s Gazprom on the development of an Iranian gas field.
Power Plant and electricity

Iran Exporting Electricity to Eight Countries: Report

Iran is one of the energy hubs in the region, exporting electricity to eight countries including Iraq, Turkey, and Afghanistan.
bijan namdar zangeneh

Iran Calls for Foreign Investment in Oil Extraction from Caspian Sea

Iran’s petroleum minister has called on well-known foreign energy firms to make investment in projects to explore and extract oil resources in Caspian Sea, north of Iran.
Iran No Longer Needs Turkmenistan’s Natural Gas

Iran No Longer Needs Turkmenistan’s Natural Gas

An Iranian MP says the country will no longer need to import natural gas from its northern neighbour Turkmenistan.
Iran Starts Construction of Mideast's Biggest Solar Farm

Iran Starts Construction of Mideast’s Biggest Solar Farm

Iran’s energy minister on Thursday inaugurated a project to build the Middle East’s largest solar plant in the country’s southeastern province of Kerman.
Farzad B

‘Iran Not Obliged to Contract Out Oil Projects to India’

An Iranian legislator says Tehran has no commitment to contracting out the development of its oil fields to India.
Which Markets in Iran Are Most Profitable

Which Markets in Iran Are Most Profitable?

Which are the most profitable markets for investment in Iran? This is perhaps the main question lingering in the minds of all investors and even those who are seeking to launch a business in Iran with their savings.

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