Iranian lawmakers have approved a bill on joint construction of two hydropower plants with Azerbaijan Republic.
Head of the National Iranian Gas Company (NIGC) says Iran has ended free gas exports to Turkey after clearing its debts to the country.
An oil official has reported on the signing of seven oil sale agreements with Greek, Spanish, Italian, Swiss, French and Russian companies.
Two separate agreements have been signed for studies in the offshore and onshore sections.
The British Petroleum (BP) classed Iran, for the second consequent year, as the world’s top gas reserves holder with 33.8 trillion cubic meters, it was reported on Wednesday.
Iran says it is ready to increase its oil exports to Spain to levels that existed before the US-led sanctions were put into place.
An official at the National Iranian Oil Company (NIOC) says Iran will increase its crude oil exports by 500,000 barrels per day (bpd) during the current month.
Iranian Oil Minister Bijan Namdar Zanganeh announced that phase 12, the biggest development phase of the massive offshore South Pars gas field, south of Iran, will double gas production by the next month.
Iran’s Power Generation and Transmission Company (TAVANIR) and the Korea Electric Power Corporation (KEPCO) have sealed a deal over expansion of cooperation in power and energy industries.
Tehran is to lodge complaints with the International Court of Justice over the quality and price of Turkmenistan's natural gas supplies to Iran.