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 Foreign Ministry Spokesman Seyyed Abbas Mousavi has described an attack on the Iranian oil tanker SABITI in the Red Sea as “a dangerous adventure”, warning that all the responsibilities fall on those behind it.
Iranian Oil Minister Bijan Namdar Zanganeh said the country plans to construct an LNG park with an annual capacity to produce three million tons of liquefied natural gas.
Iranian Minister of Petroleum Bijan Zangeneh says the Iranian company Petropars will develop the Phase 11 of giant gas field South Pars after the Chinese company CNPC International pulled out of the contract.
Iran’s oil minister says Tehran has no problem talking to Riyadh officials, and a meeting with his Saudi counterpart during an ongoing event in Moscow is not unlikely.
Researchers at a knowledge-based company have acquired the technical know-how of building solar unmanned aerial vehicles, which they say is capable of monitoring several hundred acres over an eight-hour sortie.
The cyberspace security centre of Iran president's office (AFTA) has in a statement rejected Western media reports that Iranian oil facilities and other vital infrastructure have been targeted by successful cyber-attacks.
Yemen's military has warned foreigners in Saudi Arabia to leave Aramco's oil processing plants, saying they are still a target and can be attacked "at any moment."
An informed Saudi source says the damages inflicted on the Aramco oil facilities in the recent Yemeni drone attacks are so massive that it is not clear when the country's oil output can return to normal.
Iran has launched a scheme to explore and use new undersea gas reserves in the Persian Gulf, considering an inevitable drop of pressure at the giant South Pars gas field, shared with Qatar.
Hawkish American Senator Lindsey Graham has says the US should mull bombing Iranian oil refineries if Tehran continues boosting its nuclear enrichment to higher grades.
Several drones flown by Yemen’s Ansarullah movement have set alight two major oil facilities run by the state-owned company Aramco in Saudi Arabia in retaliation for the Riyadh-led attacks on Yemen.
A top Iranian diplomat says the country’s implementation of its commitments under the 2015 nuclear deal is possible only if Iran’s oil sales and its access to the revenues are guaranteed by the European parties.
Iran’s Deputy Foreign Minister for Political Affairs Seyyed Abbas Araqchi says the US has shown some "flexibility" regarding the easing of Iran oil sanctions during a recent meeting with the French president.