Energy

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.

IFP Exclusive

Too Soon to Talk about Iran’s Return to Oil Market: Minister

IFP Editorial Staff -
Iranian Petroleum Minister Bijan Namdar Zangeneh, who is visiting Moscow to discuss the latest developments in the global oil market, says it is still too early to talk about Tehran’s return to the market.
IFP Exclusive

Iranian Minister to Visit Russia for Talks on Oil Market

IFP Editorial Staff -
Iran’s Minister of Petroleum Bijan Namdar Zangeneh will travel to Moscow on Sunday, December 20, for talks on the latest developments in the international oil market.
IFP Exclusive

Iran Needs No Permission to Return to Oil Market: Minister

IFP Editorial Staff -
Iran Needs No Permission to Return to Oil Market: Minister
IFP Exclusive

Iran’s Oil Sale to Hit 2.9 Million bpd If Sanctions Lifted: President

IFP Editorial Staff -
President Hassan Rouhani says Tehran will be selling up to 2.9 million barrels per day of oil in the next Iranian year if the sanctions are lifted, noting that the minimum daily crude sales will stand at 2.3 million barrels even if the sanctions remain in place.
IFP Exclusive

Iran Starts Mass Producing Gate Valves in Defiance of Sanctions

IFP Editorial Staff -
Iran has put into service the production line for gate valves used in crude oil transfer pipelines despite the sanctions imposed on the country.
IFP Exclusive

Iran to Sell 2.3 Barrels per Day of Oil Next Year: President

IFP Editorial Staff -
Iran’s president says the world should know that the country will sell its oil next year.
IFP Exclusive

Iran Inaugurates 25 Electricity Projects in Single Day

IFP Editorial Staff -
Iran’s energy minister has inaugurated more than two dozen electricity projects worth nearly IRR 60 trillion in several Iranian provinces in a single day.
IFP Exclusive

Iran Puts into Service 3 Petrochemical Projects Worth $1bn

IFP Editorial Staff -
Iran has inaugurated several major petrochemical projects, taking yet another step toward meeting domestic needs.
IFP Exclusive

Iran to Commercialize Top Inventions in Water Sector

IFP Editorial Staff -
Iran is to hold the National Hydraulics and Water Inventions Festival with the aim of commercializing a whole range of products in the domain of water and hydraulics.
IFP Exclusive

Iran, Qatar to Work Closely on Renewable Energy Sources

IFP Editorial Staff -
Visiting Iranian Energy Minister Reza Ardakanian and Qatar’s Minister of Commerce and Industry Ali bin Ahmed Al Kuwari have, in a meeting, underlined the need to further promote mutual cooperation in the area of renewable energy sources.
IFP Exclusive

Iran Puts into Service Phase One of Major Desalination Project

IFP Editorial Staff -
Iran has inaugurated a project to transfer water from the Persian Gulf to desert areas on the country’s central plateau, supply the arid areas with desalinated water.
IFP Exclusive

Iran to Start Transferring Persian Gulf Water to Desert Areas

IFP Editorial Staff -
The Iranian president says a project will come on line on Thursday to desalinate sea water from Persian Gulf and supply it to arid areas across the country, especially in the central Iran.
Americas

New Sanctions Result of US Failure to Zero Out Iran’s Oil Exports: Minister

IFP Media Wire -
Iranian Oil Minister Bijan Namdar Zanganeh, who has been blacklisted by the US Treasury Department, brushed off the new sanctions as a testimony to Washington’s failure to drive Iranian oil exports down to zero.
Selected

Iran’s Oil Production Didn’t Stop Even a Single Day: Minister

Emad Askarieh -
The Iranian petroleum minister says the country’s crude production did not halt even a single day despite the coronavirus outbreak and the sanctions.
Energy

Another Iranian Tanker Delivers Fuel to Venezuela in Defiance of US Bans

IFP Media Wire -
The first tanker of a three-vessel Iranian flotilla carrying much-needed fuel for Venezuela has entered waters of the South American country in clear defiance of sanctions imposed on both countries by the US.
IFP Exclusive

Iran, Syria to Form Strategic Committee of Water Cooperation

IFP Editorial Staff -
Ministers from Iran and Syria have made arrangements to establish a strategic committee on cooperation in the water management industry under an agreement the two countries have signed last year.
IFP Exclusive

Iran Says Welcomes Barter Oil Trade amid Sanctions

IFP Editorial Staff -
The Iranian petroleum minister says Tehran welcomes barter trade in the oil sector now that the country is under the harshest sanctions ever.
Energy

Iran’s Power Plants Allowed to Mine Cryptocurrencies

IFP Media Wire -
Iran has recently announced that it is now going to allow power plants within the country to mine Bitcoins on an industrial scale. However, they must take care not to use any subsidized fuel.
IFP Exclusive

Iran Calls for More Energy Cooperation with Afghanistan

IFP Editorial Staff -
Iran’s Energy Minister says all-out economic relations between Iran and Afghanistan must be developed, especially in the energy sector.
IFP Exclusive

Iran Inaugurates Three Major Power, Water Projects

IFP Editorial Staff -
President Hassan Rouhani has launched three major power and water projects in Kermanshah, Ardabil, and East Azarbaijan provinces in western and north-western Iran.
IFP Exclusive

Iran’s Gas Pipeline Network Unmatched in World: Rouhani

IFP Editorial Staff -
President of the Islamic Republic of Iran Hassan Rouhani has highlighted his administration’s major achievements in the oil, gas and petrochemical industries, saying the country’s natural gas delivery system is globally unique.
IFP Exclusive

Three Energy Megaprojects Come on Stream in Iran

IFP Editorial Staff -
Iranian President Hassan Rouhani on Monday inaugurated three national large projects in the oil, gas and petrochemical industries.
IFP Exclusive

‘Neither Tankers Nor Oil Cargo Seized by US Belong to Iran’

IFP Editorial Staff -
The Iranian president’s chief of staff says none of the oil tankers that have been recently confiscated by the US belongs to Iran, noting that their cargo had been already sold.
IFP Exclusive

Oil Shipment Seized by US Already Sold, Paid for: Iran

IFP Editorial Staff -
The Iranian oil minister says the shipment that the United States claims has seized contained Iranian petrol sold to customers.
IFP Exclusive

Oil Tankers Seized by US Had Nothing to Do with Iran: Envoy

IFP Editorial Staff -
Iran's ambassador to Venezuela has denied media reports that the US has seized Venezuela-bound oil tankers belonging to the Islamic Republic.
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