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 says the US withdrawal from the 2015 nuclear deal in May 2018 deprived his country from exports of around two billion barrel of oil, worth some 120 billion dollars.
A number of shop owners at Aladdin and Charsou shopping malls in downtown Tehran have held a rally to protest power cuts at the renowned mobile markets.
Iranian President Hassan Rouhani has officially inaugurated the first phase of the 1,000-kilometre oil pipeline connecting Goreh in the west of Persian Gulf to Jask in its east, making Iran independent of the Strait of Hormuz for oil exports.
An explosion in an oil and gas pipeline station at Fath-ul-Mobin region of Shush County in Iran's Khuzestan province has killed three people and injured four others.
Iran's nuclear chief Ali Akbar Salehi says the Bushehr nuclear power plant, which was shut down temporarily last week, will be reconnected to the country's power grid in the coming days.
Iranian Foreign Minister Mohammad Javad Zarif and his Venezuelan counterpart Jorge Arreaza have discussed the latest status of bilateral ties as well as regional and international issues of mutual interest.
Iran’s Energy Minister Reza Ardakanian says the mining of cryptocurrencies must be regulated and punishment should be meted out to illegal miners, as the production of digital currencies consumes a lot of energy.
Iraq has received the green light to pay $125 million in its debts to Iran for the purchase of 16 million doses of COVAX vaccines, Iran's energy minister said.
The money has reportedly been transferred from Iraq's Trade Bank to a Swiss bank.
Iran’s Energy Ministry has blamed unlicensed cryptocurrency mining activities in the country for the recent power cuts, which have turned into a crisis for the Rouhani administration ahead of the June votes.
The Iranian president has warned that it will be forbidden to mine digital currencies until the end of summer as it puts a huge burden on the national power grid.
Iranian President Hassan Rouhani says a giant step has been taken in the country’s water and soil sectors during his tenure as president over the past eight years.
Ground was broken on Saturday for the construction of a new petrochemical complex in the western Iranian province of Kermanshah with a total budget of $550 million.
The governor of the Central Bank of Iran (CBI) says the country is much better off when it comes to the export of oil and oil products compared to the past.
Iranian President Hassan Rouhani has inaugurated 13 major national projects in the fields of water and electricity with an investment of over 4.7 trillion tomans.
Iran’s petroleum minister says the country's oil and natural gas industries have developed tremendously since the victory of the 1979 Islamic Revolution of Iran.
Iran’s First Vice-President Es’haq Jahangiri says the country’s achievements in the fields of oil, gas, and petrochemicals indicate the failure of cruel sanctions against the Islamic Republic.
Iran’s oil minister says the country’s oil exports reached a record high in the history of the nation’s oil industry during the time Iran was under sanctions.
