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.
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.
Iran and Iraq have connected their national electricity grids in a ceremony with the participation of the Islamic Republic’s energy minister and the Iraqi deputy minister of electricity.
Researchers at the University of Tehran have managed to identify and introduce native plants that can be used in refining the contaminated soil of oil-rich Gachsaran County in southern Iran.
Iran’s Vice Presidency for Science and Technology has signed a Memorandum of Understanding with the Ministry of Petroleum for the purpose of using nanotechnology-based products and services in the country’s petroleum industry in order to meet the needs of the industry.
Iran says that its oil tanker hit by two missiles on Friday morning in the Red Sea near the Saudi port city of Jeddah is on the way back home and would arrive in Iran within 9 or 10 days.
Iran’s top security official has slammed as “piracy” the recent attack on an Iranian oil tanker in the Red Sea, saying evil acts in international waters will not go unanswered.
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.
