Energy

Iran Energy News

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.

‘US Waivers for Iran Oil Imports Have No Credit’

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.

US to Announce End of Sanctions Waivers for Iran Oil Imports

The United States is to announce that all importers of Iranian oil will have to end their imports shortly or face US sanctions, a report says.

IRGC Seizes Oil Tanker Smuggling Biggest Haul of Fuel at Hormuz Strait

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.

US, Observers Surprised by Increase in Iran’s Oil Exports

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.

New Solar Cells Developed to Be Installed on Handbags

Researchers at Amir Kabir University of Technology in Tehran have managed to design laser-based polymeric solar cells that can be installed on handbags.

Iran Inaugurates Four New Phases of South Pars Gas Field

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.

‘Israel to Face Tough Response If Threatens Iranian Tankers’

Iran has vowed to give a crushing response to any move by the Israeli regime to block the Islamic Republic’s oil exports.
Solar Power Plant

Iran Produces Hybrid Solar Panels for Domestic Use

Scientists at an Iranian knowledge-based firm have managed to produce the country’s first hybrid solar panels used for domestic purpose.

Iran’s Bushehr Nuclear Power Plant Shut Down for Overhaul

An Iranian official said the country’s nuclear power plant near the southern port city of Bushehr has been shut down for periodic maintenance and fuel reloading, and will be reconnected to the national grid in a couple of weeks.

Tehran, Yerevan Sign Two MoUs to Boost Ties

Iran and Armenia have signed two memoranda of understanding in a Wednesday ceremony attended by President Hassan Rouhani and visiting Armenian Prime Minister Nikol Pashinyan.

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