Latest Energy News in Iran – 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’s Oil Minister Mohsen Paknejad says daily gas production from the Asalouyeh gas field, in the Persian Gulf, has reached a record of 725 million cubic meters.
Iran’s oil minister said the country continues to sell a strong volume of crude oil, with sales levels remaining stable despite a decline in international oil prices and US-led Western sanctions.
The Iranian foreign minister emphasized that the Islamic Republic is one of the most reliable energy suppliers for Turkey and expressed Iran’s readiness to extend the gas contract and expand cooperation in the electricity sector.
An informed source in London has told Iran's IRNA New Agency that the UK Court of Appeal has agreed to refer the Crescent case to the country's Supreme Court, effectively delaying the confiscation of a historic building owned by Iran’s Oil Industry Pension Fund.
The ancient Zahhak Castle in Hashtrood, East Azarbaijan Province, has been illuminated for the first time using solar power, marking a step toward eco-friendly heritage preservation in Iran.
Iran’s Oil Minister Mohsen Paknejad has announced the discovery of large natural gas and oil reserves in the Pazan field in the southern Province of Fars.
Iran’s Oil Minister, Mohsen Paknejad, stated that the potential reactivation of UN sanctions by the EU, or “snapback,” would not impact the country’s oil exports beyond existing US unilateral restrictions.
Iran has set a new record in solar power generation, with output from its solar plants reaching 800 megawatts on August 26, according to the Renewable Energy and Energy Efficiency Organization (SATBA).
Iran’s ambassador to Russia said Monday that the delivery of Russian gas to Iran through the Republic of Azerbaijan could begin “in the near future,” pending agreement on pricing terms.
Armenia has formally requested the import of liquefied petroleum gas (LPG) from Iran to meet its immediate domestic needs, the country’s Economy Minister announced on Thursday.
Iranian President Masoud Pezeshkian announced on his personal social media page that, thanks to the efforts of domestic engineers and specialists and with over 85% locally produced equipment, the first phase of the associated gas recovery project in southern Ilam province has been officially inaugurated.
Iran’s Oil Minister Mohsen Paknejad has strongly denied claims made by foreign media that over 40 million barrels of Iranian oil are currently sitting idle at sea due to lack of buyers.
Iran’s largest solar power plant was officially inaugurated in Kuhpayeh, Isfahan, during an online ceremony attended by President Massoud Pezeshkian and senior officials on Thursday.
Iran has officially begun exporting natural gas from the third sweetening train of the South Pars Phase 14 refinery, marking a new milestone in the country's energy development.
An Israeli micro-drone struck one of the refineries in Phase 14 of Iran’s South Pars gas field earlier Saturday, triggering a powerful explosion and subsequent fire in part of the facility.
Iran commemorated the 117th anniversary of the country’s first oil discovery in a ceremony held Monday, with Deputy Oil Minister Hamid Bourd stressing the pivotal role of exploration in the energy sector.
The head of Hormozgan Province's judiciary has revealed the discovery of more than 21.5 million liters of smuggled fuel stored in the southern Iranian port of Kolahi, equating the volume to the daily output of a refinery.
Iran’s Oil Minister Mohsen Paknejad announced that starting in June, a major oil or petrochemical project will be inaugurated each month in Iran until the end of the year.
Iran’s Oil Minister Mohsen Paknejad has announced a series of reforms aimed at facilitating private sector involvement and accelerating investment in the country’s oil and gas industry, as part of the administration’s broader energy development strategy.
Iran’s Minister of Petroleum, Mohsen Paknejad, announced the signing of four major contracts with Russian companies for the development of seven Iranian oilfields.
Iranian authorities have announced the definitive sentencing of those involved in a massive organized fuel smuggling case involving two foreign oil tankers.
