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 Should Boost Export of Oil Products Rather than Crude Oil: Rafsanjani

Chairman of Iran’s Expediency Council Ayatollah Akbar Hashemi Rafsanjani says the export of oil products should be increased.

Iran Eyes Broader Energy Ties with Armenia

Iran’s president expressed the country’s willingness to promote cooperation with neighboring Armenia in the energy industry.

After OPEC Deal, Iran Is Now Trying to Attract Foreign Investment

Energy experts believe that Iran need to increase its cooperation with major oil companies if it wants to take better advantage of its recent victory in the Organization of Petroleum Exporting Countries (OPEC) summit.

Iran to Stop Gasoline Imports in 2017

Iran’s deputy petroleum minister says the country will become self-sufficient in gasoline production next year as it eyes exporting the crucial fuel to other countries in the region and across the world.

Tehran, Moscow Sign Several Investment Deals: Russian Minister

Russia’s Minister of Energy Alexander Novak announced that Iran and Russia have signed a number of investment contracts in recent days.

Paris Climate Change Agreement Underlies New Anti-Iran Sanctions

In a letter to Iran’s Guardian Council, an Iranian think-tank has warned that Iran’s accession to Paris Agreement will lead to the imposition of new sanctions against the country.

Russia Looking for Constructive Talks in OPEC Meeting: Report

Russia will seek discussions at a planned meeting with OPEC on Saturday about how the group will fully comply with production cuts, following an increase in its November oil output, said a government official.

Iranian President Urges Closer Cooperation among OPEC Members

Iranian President Hassan Rouhani called for continued consultations and closer cooperation among the member states of the Organization of the Petroleum Exporting Countries (OPEC) to stabilise the oil market.
Iran NIOC and Shell

​Shell Deal with Iran Seen as Message to US

Iran on Wednesday awarded a basic agreement to global energy giant Royal Dutch Shell to study three mega oil and gas projects – an agreement that was hailed in Tehran for not only its technical and economic benefits for Iran but also the political message that it sent to the world and specifically the United States.
Iran Oil Museum

Iran’s 1st Oil Museum to Open Up in Abadan by December 20

An Iranian oil official says Iran's first Petroleum Museum will be opened in Abadan, southwest of Iran, by December 20.

Today Front Pages

Ads

Latest