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.
Iranian Petroleum Minister Bijan Zangeneh says an OPEC meeting on Friday was one of the group’s “worst ever” after it failed to reach an agreement on more oil cuts.
An Iranian knowledge-based company has managed to produce energy metres that are on a par with European counterparts in terms of quality, but at a much lower price.
Iran Parliament Speaker Ali Larijani says the country’s Ministry of Energy has succeeded in producing 95% of the equipment required for the power industry inside the country.
Iranian Minister of Petroleum Bijan Zangeneh says the Iranian energy company Petropars is now developing the Phase 11 of South Pars Gas Field alone after China’s CNPC International and France’s Total fully abandoned the project.
Iran’s energy minister says the country plans to electrify motorcycles in metropolises as part of a technical-economic program to reduce air pollution.
Iranian President Hassan Rouhani has toured the country’s latest products, findings, technologies and achievements in the field of petro-chemistry in a visit to an exhibition held in Tehran.
Iran’s Minister of Energy Reza Ardakanian says 11 rubber dams are under construction across the country with the purpose of protecting the environment, particularly in the northern provinces.
Governor of Iran's central bank says as long as the Europeans do not buy Iran’s oil and Tehran does not receive the oil revenues, the European financial mechanism known as INSTEX will be of no use.
Iranian researchers at the University of Isfahan have conducted a study on removing sulfur from petroleum compounds, as a major step towards better automotive performance.
Minister of Transport and Roads of the Kyrgyz Republic has voiced his country’s willingness to import oil from Iran and export foodstuffs to the Islamic Republic.
One of the most fervent advocates of new regulations on fuel consumption in Iran says a series of public protests in the wake of a recent hike in the price of subsidized gasoline had other social reasons.
Iranian authorities say a major leak that has taken place off an oil rig in the Persian Gulf waters is being contained as they insist more work would be needed to stanch the expanding spill.
Iran says it has managed to foil the enemies' plot to blow up the country’s oil pipelines in Asalouyeh, apparently hatched in retaliation for Yemeni forces’ September attack on Saudi Arabia’s Aramco oil facilities.
A senior Iranian official says cash subsidies to improve the Iranian people’s livelihoods have been paid to some 60 million citizens in the past few days after gasoline prices were tripled.
The recent decision to triple the fuel prices, which has caused sporadic protests across the country, was discussed on Saturday in a meeting of the Supreme Council of Economic Coordination.
The Namavaran oilfield recently discovered in Khuzestan Province, south-west of Iran, is the country's second largest reservoir, Iranian Minister of Petroleum Bijan Namdar Zangeneh said.
The Oil Minister of the Islamic Republic of Iran and the Republic of Armenia’s Minister of Territorial Administration and Infrastructures discussed the exchange of natural gas and electricity between the two neighbors.
Iran’s energy minister says Tehran and Damascus are working on a framework for long-term cooperation in the electricity sector, including a plan to export Iran's power to the Arab country through Iraq.
