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 to Reciprocate If Its Interests Jeopardized by Enemies”

IFP Editorial Staff -
An IRGC commander says it will be “natural” for Iran to respond if the US tries to the bully the country and carry out its threat to cut down Tehran’s oil exports.
Media Wire

Saudi Arabia Suspends Oil Exports via Bab el-Mandeb Strait

IFP Media Wire -
Riyadh has temporarily suspended all oil shipments through the Bab el-Mandeb Strait after Yemen’s Houthi Ansarullah movement launched retaliatory attacks on a Saudi warship and a vessel operated by the Riyadh-led coalition waging war the Arabian Peninsula state.
IFP Exclusive

Iran Can Block Global Oil Exports Whenever It Wants: IRGC

IFP Editorial Staff -
IRGC Chief-Commander Major General Mohammad Ali Jafari has warned the US of the consequences of its efforts to cut Iran’s oil exports, saying that all oil transportation passageways are within Iran’s reach.
IFP Exclusive

US Sanctions on Iran; Big Test for Erdogan

IFP Editorial Staff -
The Trump administration is engaged in intensive talks to persuade its European, Asian, and Middle Eastern allies to go along with US sanctions on Iran in a bid to increase pressure on Tehran, but it has yet to convince Turkey, a very important player in the region, to comply with its decision.
IFP Exclusive

Iranian Refinery Signs Contract with German Firm

IFP Editorial Staff -
The Tabriz oil refinery has reached a deal with a consortium involving Iranian and German firms to renovate its sulphur recovery unit.
IFP Exclusive

Don’t Play with Lion’s Tail, Iran’s President Tells Trump

IFP Editorial Staff -
Iranian President Hassan Rouhani has advised his US counterpart not to play with fire by voicing frequent threats against the Iranian nation, amid an escalating war of words between Tehran and Washington.
IFP Exclusive

Europeans Make Ridiculous Offer on Buying Iran’s Oil: Report

IFP Editorial Staff -
The Europeans have reportedly put forward a ludicrous proposal on buying Iran’s crude oil as part of their efforts to save the Iran nuclear deal.
IFP Exclusive

“US Unlikely to Get Tough on Iran before November”

IFP Editorial Staff -
Analysts believe the US is unlikely to become strict with Iran before the by-elections of the US Congress in November given the dire consequences of a possible hike in oil prices.
IFP Exclusive

Iraq to Import Electricity from Saudi Arabia as Iran Stops Exports

IFP Editorial Staff -
Iraqi media say Prime Minister Haider al-Abadi has tasked the country’s Electricity Minister Qassem Al-Fahdawi to travel to Saudi Arabia to negotiate importing electricity from the Arab country.
IFP Exclusive

India Eager to Continue Buying Crude Oil from Iran: Official

IFP Editorial Staff -
Iran’s Deputy Foreign Minister for Political Affairs Seyyed Abbas Araqchi says Indian officials have expressed their interest in buying Iran’s crude oil despite the US sanctions.
IFP Exclusive

“Iran’s Power Cuts Not Linked with Paris Climate Agreement”

Alireza Hashemi -
An Energy Ministry official has rejected claims by opponents of the Rouhani administration that the recent power shortage across the country is a result of Iran’s fulfilment of its obligations under the Paris Climate Agreement.
IFP Exclusive

“Iran to Use All Its Tools, Resources to Foil US’ Oil Plot”

IFP Editorial Staff -
Iran’s Foreign Ministry Spokesman Bahram Qassemi says the United States’ claim that it will bring Iran’s oil exports to zero is just an exaggeration and empty rhetoric, and Tehran will do its utmost to thwart the plot.
IFP Exclusive

“Trump Trying to Save Saudi Economy by Stopping Iran’s Oil Exports”

IFP Editorial Staff -
An Arab news website says the US President’s bid to halt Iran’s oil exports are mainly aimed at salvaging Saudi Arabia’s sluggish economy.
IFP Exclusive

Putin Receives Messages from Iran’s Leader, President

IFP Editorial Staff -
A senior advisor to Ayatollah Seyyed Ali Khamenei, the Leader of Iran’s Islamic Revolution, has conveyed his message and that of Iranian President to Russian President Vladimir Putin.
IFP Exclusive

“Iran Must Form Consortium with Russia, China, India to Resist US Sanctions”

IFP Editorial Staff -
Conservative newspaper Kayhan has called on the Iranian government to stop relying on the West and form a consortium with Russia, India and China as an alternative to cope with the West’s economic pressure.
IFP Exclusive

South Korea Rejects Reports on Stopping Oil Imports from Iran

IFP Editorial Staff -
The South Korean embassy in Tehran has rejected the groundless reports on suspending its shipments of Iranian crude oil and gas condensates in July.
IFP Exclusive

World Powers Reaffirm Commitment to Continuation of Iran’s Oil Exports

IFP Editorial Staff -
Russia, China, Germany, France, and the UK have reaffirmed their commitment regarding a number of objectives including the continued export of Iran’s crude oil despite the US’ bid to cut the Islamic Republic’s oil revenues.
Media Wire

IRGC Prepared to Put into Action Rouhani’s Threat on US Oil Bans

IFP Media Wire -
Iran's Islamic Revolution Guards Corps (IRGC) says it stands ready to put in action President Hassan Rouhani's latest position that if Tehran were not able to export its crude oil through the Strait of Hormuz, no other country would be able to do so.
IFP Exclusive

Major Project Inaugurated to End Water Crisis in Southern Iran

IFP Editorial Staff -
A huge water transfer project named Ghadir II became operational in southern Iran on Wednesday night, ending the residents’ water problem after long time.
IFP Exclusive

General Soleimani Praises Rouhani’s “Timely, Wise” Remarks

IFP Editorial Staff -
IRGC Quds Force Commander Major General Qassem Soleimani has thanked Iranian President Hassan Rouhani for his recent remarks on the US’ bid to cut Iran's oil exports as well as his comments on the Zionist regime of Israel.
IFP Exclusive

Iran Nuclear Deal Key to Global Peace, Security: Rouhani

IFP Editorial Staff -
Iranian President Hassan Rouhani has described the Iran nuclear deal as a great diplomatic achievement whose survival is in the interests of the global peace and security.
IFP Exclusive

Rouhani Says It’s Impossible to Block Iran’s Oil Exports

IFP Editorial Staff -
Iranian President Hassan Rouhani says it is impossible to cut Iran’s oil exports while other regional states keep exporting their oil.
IFP Exclusive

Trump’s Bid to Bring Iran’s Oil Exports to Zero Impossible Dream

IFP Editorial Staff -
Iran’s First Vice-President Es’haq Jahangiri says Washington’s claim that it will reduce Iran’s oil sales to zero by November is impossible to come true.
IFP Exclusive

Iranian President Opens 2nd Phase of Persian Gulf Star Refinery

IFP Editorial Staff -
President Hassan Rouhani on Thursday launched the second phase of Persian Gulf Star refinery in southern province of Hormozgan.
IFP Exclusive

Iran Rejects Rumours of Exporting Water to Kuwait

IFP Editorial Staff -
Iran's energy minister says the country has no plan or decision to export water to other states amid the ongoing water tension.
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