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

Iran, Iraq Agree on Two Electricity Contracts

IFP Editorial Staff -
Iran and Iraq have finalized two agreements on cooperation in the electricity industry during the Iraqi prime minister’s visit to Tehran.
IFP Exclusive

Iran to Turn Jask Port into Oil Exports Hub: President

IFP Editorial Staff -
The Islamic Republic of Iran is to turn its Jask port in the south of the country into a major hub of oil exports.
IFP Exclusive

China Only Country Officially Buying Oil from Iran: Deputy FM

IFP Editorial Staff -
An Iranian official says China is the only country which officially buys oil from the Islamic Republic of Iran despite the US sanctions.
IFP Exclusive

Iran to Use Seawater to Supply Water for 17 Provinces

IFP Editorial Staff -
Iran’s Energy Minister Reza Ardakanian says feasibility studies have been launched to supply 17 provinces across the country with desalinated water from the sea.
IFP Exclusive

VP Urges Boost to Iran’s Non-Oil Exports

IFP Editorial Staff -
Iran’s First Vice President Es’haq Jahangiri has described a surge in the export of non-oil products as a top priority in the administration’s economic policy, calling on all governmental and private sectors to contribute to the promotion of non-oil exports.
IFP Exclusive

Venezuela’s Special Envoy Lauds Iran for Fuel Shipments

IFP Editorial Staff -
A special envoy of president of Venezuela has visited Tehran to express his country’s gratitude to Iran for freighting several consignments of gasoline and supporting the Latin American nation in the struggle with the US imperialism.
IFP Exclusive

Iran Says Not Supposed to Pay Damages to Turkmenistan for Overdue Debts

IFP Editorial Staff -
An Iranian official says the country is not supposed to pay any damages to Turkmenistan because of overdue payments for the latter’s natural gas exports to the Islamic Republic.
IFP Exclusive

Iran Making Progress in Energy Sector Despite US Bans, Pandemic: President

IFP Editorial Staff -
President Hassan Rouhani has highlighted Iran’s major advances in the water treatment and electricity industries, saying the administration takes pride in launching new projects under the pressure of the US sanctions and the outbreak of coronavirus pandemic.
IFP Exclusive

US Bans Iran Captains after Failure to Bribe Them: Minister

IFP Editorial Staff -
Iran’s oil minister says the US imposed sanctions on the captains of Iranian ships delivering petrol to Venezuela after failing to bribe them.
IFP Exclusive

Iran Starts Building Major Pipeline as Safe Way for Oil Exports

IFP Editorial Staff -
The Iranian president says the national pipeline project launched on Thursday to carry oil as an alternative route for the Strait of Hormuz serves as an important message to those that have imposed sanctions on the country.
IFP Exclusive

Iran to Cut Dependence on Hormuz Strait for Oil Exports via 1,000-km Pipeline

IFP Editorial Staff -
The Iranian president says Iran is building a major pipeline to transferring oil from west of the Persian Gulf to its east, cutting dependence on Hormuz Strait for oil exports.
IFP Exclusive

Iran’s Bushehr Nuclear Power Plant Reconnected to National Grid

IFP Editorial Staff -
The Bushehr Nuclear Power Station in southern Iran has been reconnected to the national grid.
IFP Exclusive

Ministers Weigh Plans for Iran-Iraq Oil Cooperation

IFP Editorial Staff -
Iranian Petroleum Minister Bijan Namdar Zangeneh and his Iraqi counterpart Ihsan Abdul Jabbar have discussed the ways to promote cooperation between the two neighbours in the oil industry.
IFP Exclusive

Iran Urges Resumption of Gas Exports to Turkey

IFP Editorial Staff -
Iranian Foreign Minister Mohammad Javad Zarif has called for efforts to restart the export of natural gas to Turkey after carrying out necessary repairs to the pipeline transferring gas to the neighboring country.
IFP Exclusive

No One Can Stop Iran-Venezuela Trade Ties: Tehran

IFP Editorial Staff -
Iran says as long as Tehran and Caracas are determined to do business with each other, the mutual exchanges will definitely continue, and those who seek to disrupt the trade ties must know troubles can be created for them too.
Foreign Policy

Iran Displayed Its Power by Shipping Fuel to Venezuela: IRGC

IFP Media Wire -
TEHRAN (Tasnim) – Commander of the Islamic Revolution Guards Corps (IRGC) Major General Hossein Salami said Iran has exhibited its power by sending oil tankers to Venezuela.
IFP Exclusive

Iran Leading Regional State in Terms of Power Generation Capacity

IFP Editorial Staff -
Iranian Minister of Energy Reza Ardakanian says the Islamic Republic is the leading country in the region in terms of installed power generation capacity.
IFP Exclusive

Iran Leader Praises Crew of Tankers That Delivered Fuel to Venezuela

IFP Editorial Staff -
Iran’s Leader Ayatollah Seyyed Ali Khamenei has admired the crew of five Iranian oil tankers that carried gasoline to the fuel-starving Venezuela for their “great job”.
IFP Exclusive

Ties with All Neighbours of Great Importance to Iran: Rouhani

IFP Editorial Staff -
Iran’s President Hassan Rouhani says Tehran attaches great significance to ties with its neighbours and is after establishing good and close relations with them.
IFP Exclusive

Iran to Export Electricity to Iraq for Two More Years

IFP Editorial Staff -
Iranian Energy Minister Reza Ardakanian says the country will continue to export electricity to Iraq for two more years in defiance of the US sanctions. 
IFP Exclusive

Iran to Exclude Oil Revenues from Its Income Basket

IFP Editorial Staff -
Iran says the country’s top priority is to put aside the oil and just depend on non-oil revenues to handle the country’s economic issues.
IFP Exclusive

Iran to Fund Major Railway Project Using Russian Loan

IFP Editorial Staff -
Iranian Minister of Energy Reza Ardakanian says a loan of $5 billion that Russia has agreed to give Tehran will be used to fund a major railway project in eastern Iran.
IFP Exclusive

Fourth Iranian Tanker Sails into Venezuela Waters

IFP Editorial Staff -
The fourth Iranian tanker, named Faxon, has entered the Venezuelan waters to deliver much-needed gasoline to the fuel-starved country.
IFP Exclusive

Villagers in Southern Iran to Get Potable Water after Years of Protest

IFP Editorial Staff -
Villagers in the southern Iranian province of Khuzestan province will finally be supplied with drinking water after years of protest, which turned violent in recent days.
IFP Exclusive

Iran Denies Receiving Tonnes of Gold from Venezuela in Exchange for Gasoline

IFP Editorial Staff -
As Iran’s third oil tanker sails into the Venezuelan waters to deliver its much-needed gasoline cargo, the Iranian envoy to the South American country dismisses the claims that Tehran has received nine tonnes of gold from Caracas in exchange for the fuel.
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