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.
Pakistani Prime Minister Imran Khan says his country is keen to complete the construction of a much-delayed pipeline designed for receiving Iran’s natural gas, weeks after he paid a visit to the neighboring state.
Iran’s Ambassador to London says the US will grant waivers to Iraq for economic cooperation with the Islamic Republic if Baghdad signs an oil deal with the US.
Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC) Mohammed Sanusi Barkindo says it is not possible to exclude Iran from the oil market.
Iranian Minister of Petroleum Bijan Zangeneh says a US bid to cut Iran’s oil exports to zero is a “pious hope,” warning countries using oil as a weapon about repercussions of further volatility in the global market.
Iran plans to construct a power plant in the central province of Markazi that would be the biggest in the Middle East in terms of generating electricity, a lawmaker announced.
A senior Iranian cleric says he believes it would be religiously not permissible to use oil revenues to meet “current and development expenses” in the country.
An Iranian analyst says Iraq is now faced with a difficult choice between Iran and the US because the power balance it had created over the past years to establish ties with both sides is no longer feasible.
The first phase of Iran’s biggest water and land resources development project will be launched soon by President Hassan Rouhani in Kurdistan and Kermanshah provinces, west of the country.
Chief of Staff of the Iranian president says US President Donald Trump’s hostile measures against the Islamic Republic and the “maximum pressure” he is exerting on Iran will just increase the national unity of Iranian people.
The Iranian Foreign Ministry spokesman has condemned the Saudi and Bahraini governments' support for the US sanctions imposed on Iran's oil exports, saying the Islamic Republic will not allow any country to replace it in the petroleum market.
Iran’s Defence Minister says the inhumane goal of the American regime to cut Iran’s oil exports down to zero is not feasible, and the Islamic Republic of Iran preserves all rights to use defensive measures against the US economic terrorism.
Iraq is set to maintain and even increase its natural gas and electricity imports from Iran to meet the extreme summer demand, defying the US’ move to stop issuing sanctions waivers for the countries that import energy from Iran.
Leader of Iran's Islamic Revolution Ayatollah Seyyed Ali Khamenei has downplayed the US’ refusal to renew sanctions waivers for the import of Iran’s crude oil, saying that the Islamic Republic will export petroleum as much as it wants.
Iranian Foreign Minister Mohammad Javad Zarif says the country’s military will make the final decision on the option of closing the Strait of Hormuz, a highly important strategic location for global energy trade, in reaction to the US’ ban on the country’s oil exports.
A senior Iranian lawmaker says despite the US decision to tighten its sanctions on Iran’s oil sector, the country’s oil exports will never decrease to less than one million barrels per day.
The Iranian foreign ministry has dismissed the White House’s latest statement regarding its decision to stop issuing sanctions waivers for the import of Iran’s crude oil.
The Islamic Revolution Guards Corps (IRGC) busted a major fuel smuggling ring in Iran’s southern waters after its naval forces confiscated an oil tanker containing a big haul of smuggled fuel at the Strait of Hormuz.
Iranian exports of crude oil and condensate have surged to levels near before sanctions, surprising market observers and affording the country an important victory in a US “economic war” on Tehran.
Researchers at Amir Kabir University of Technology in Tehran have managed to design laser-based polymeric solar cells that can be installed on handbags.
Iranian President Hassan Rouhani on Sunday officially launched four new phases of South Pars, the world’s largest gas field located in the Persian Gulf in southern Iran.
