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 Most Advanced Mideast Country inRenewable Energies: Forbes

Iran to Build Solar Power Plant with S. Korean Investment

Iran plans to build a new solar power plant in the Zarandieh town of Markazi Province as part of a project mainly funded by a South Korean company.  

Iran Energy Minister Welcomes IRGC’s Cooperation in Cloud Seeding

Iranian Energy Minister Reza Ardakanian says the ministry welcomes the idea of seeding clouds raised by the Aerospace Force of the Islamic Revolution Guards Corps (IRGC).

Iran Stops Export of Free Natural Gas to Turkey

Head of the National Iranian Gas Company (NIGC) says Iran has ended free gas exports to Turkey after clearing its debts to the country.

“Iran to Export 3m Barrels of Oil to Russia Monthly”

Iran's oil minister has spoken of the Islamic Republic’s contract with Russia to export 3 million barrels of crude oil to that country.
Iran Opens New Solar Power Plant in Yazd

Iran Opens New Solar Power Plant in Yazd

The first solar power plant in Iran’s Yazd province, jointly financed by Iran and Germany, was officially inaugurated on Saturday, February 3.

Pakistan Not Cooperating with Iran on Pipeline: Minister

Iran’s Minister of Petroleum Bijan Zangeneh says Pakistan is not cooperating on the construction of a much-delayed pipeline to pump natural gas to the country.

Iran to Complain to ICJ over Turkmenistan’s Overpriced Natural Gas Supplies

Tehran is to lodge complaints with the International Court of Justice over the quality and price of Turkmenistan's natural gas supplies to Iran.
US Smuggling Out Syria’s Oil Resources-Turkish Website

US Smuggling Out Syria’s Oil Resources: Turkish Website

A Turkish-language website has revealed that the US forces along with the Kurdistan Workers' Party (PKK) militants are smuggling at least 17,000 barrels of oil out of Syria on a daily basis.

OPEC to Renew Oil Freeze Pact: Iranian MP

An Iranian lawmaker says the member states of Organization of Petroleum Exporting Countries have decided to renew a deal to freeze their oil output with the aim of keeping their production at the current level.
Iran Says Trump’s Oil Embargo Violates Nuclear Deal

Iran Says Trump’s Oil Embargo Violates Nuclear Deal

A senior Iranian lawmaker says US President Donald Trump’s recent remarks about an embargo against Iran’s crude oil lack legal credibility and violate the nuclear deal between Tehran and world powers.

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