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 IRNA News Agency says under the country’s budget bill for the next fiscal year starting March 21, 2022, oil exports will be estimated at 1.2 million barrels per day.
A member of the Presiding Board of the Iranian Parliament’s Energy Commission said Iran's oil exports have increased significantly, citing reports from international institutions and oil tanker tracking companies.
Iran’s President Ebrahim Raisi has described relations with Venezuela as strategic during a phone conversation with the country’s president Nicolas Maduro.
The Iranian negotiating team led by Ali Bagheri Kani is in Vienna where talks are scheduled to be held on November 29, 2021 with the remaining signatories to the 2015 Iran nuclear deal known as the Joint Comprehensive Plan of Action (JCPOA).
The CEO of the National Iranian Oil Company has said efforts are under way to restore Iran’s daily crude output to the pre-sanctions level, that is, 4 million barrels per day.
The 6th edition of Iran's International Renewable Energy Conference and Exhibition (Iran REC 2021) is scheduled to be held on November 20-21 in Tehran.
Iran has become the world’s third-largest producer of natural gas after the United States and Russia despite the harsh US sanctions. Iran has grown steadily over the past two decades in natural gas production, according to the US Energy Information Administration.
Iranian Vice President for Scientific Affairs Sorena Sattari on Friday announced the country will soon unveil more technological and scientific achievements in the near future among them electric cars. Sattari added that people will see that the cars are beautiful.
All gas stations across Iran have re-entered service after their operation was disrupted nationwide following what was described has a “hacking attack.”
The National Iranian Oil Company (NIOC) will focus on developing oilfields near the Iraqi border. Tehran needs $11 billion to develop four oilfields which will add some 1 million barrels per day to the country’s total crude output.
The CEO of South Pars Gas Complex Company says investments made in South Pars are close to $80 billion. Hadi Hashemzadeh Farhang said all the investments, done amid US sanctions, have been turned into assets for the National Iranian Gas Company and the necessary resources have been provided for the proper maintenance of these facilities.
