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.

Iranian, Qatari Special Envoys Hold Talks on Afghanistan

Iran Warns US against Interference with Its Fuel Transfer to Venezuela

Iran has warned the United States against any interference with the transfer of fuel by Iranian tankers to Venezuela.
Iran Trade with Venezuela Has Nothing to Do with Anyone Else

Iran’s Trade with Venezuela Has Nothing to Do with Anyone Else: Spokesman

Iran's government spokesman Ali Rabiei says the country's trade ties with Venezuela have nothing to do with any other country.
US Sends 4 Warships to Caribbean for Possible Encounter with Iran Tankers

‘US Sends 4 Warships to Caribbean for Possible Encounter with Iran Tankers’

The US Navy has sent its P8-Poseidon patrol aircraft from the VP-26 Tridents as well as four warships to the Caribbean region for possible encounter with a group of Iranian super-tankers moving fuel to Venezuela, a report says.
250 Major Energy Projects to Be Launched across Iran by Year-End

250 Major Energy Projects to Be Launched across Iran by Year-End

Iranian Energy Minister says 250 key water and electricity projects worth about $12 billion will get under way this year.
Iran to Publicly Sell Shares of Four State-Owned Oil Refineries

Iran to Publicly Sell Shares of Four State-Owned Oil Refineries

Iran’s government spokesman says shares of four refineries will begin to be offered to the public soon.
COVID-19 Punishes Those Who Sanctioned Iran’s Oil: First VP

COVID-19 Punishes Those Who Sanctioned Iran’s Oil: First VP

Iran’s First Vice President says the coronavirus took severe revenge on the countries that sought to harm the Islamic Republic by imposing sanctions on the Iranian oil.
Time to Wean Global Economy Off Oil Earnings

Time to Wean Global Economy Off Oil Earnings: Analyst

An analyst says recent developments indicate the world economy will no longer be dependent on oil revenues in the future.
Resolving Oil Market Issues Requires Global Cooperation: Iran Minister

Resolving Oil Market Issues Requires Global Cooperation: Iran Minister

Iranian oil minister says the OPEC alone cannot solve the problem of the oil market, noting that resolution of the oil market issues requires global cooperation.
Iran’s Largest Hydro Power Plant to Be Built in Yazd with Foreign Investment

Iran’s Largest Hydro Power Plant to Be Built in Yazd with Foreign Investment

Iran’s largest hydro power plant will be constructed in central Yazd province with foreign investment.
US Push for Economic Collapse of Iran Has Gone Nowhere: VP

Sanctions Kept Iran Fit for Oil Price Drop, VP Says

The dramatic plunge in oil prices would not have a huge impact on Iran’s economy, since the country was already prepared for such conditions under the pressure of American sanctions, First Vice President Es’haq Jahangiri says.