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, Pakistan to Hold Technical Talks on Peace Pipeline

IFP Editorial Staff -
Iranian Foreign Minister Mohammad Javad Zarif and Pakistani Prime Minister Shahid Khaqan Abbasi have held talks on the controversial issue of Iran-Pakistan gas pipeline.
IFP Exclusive

Iran to Run Project to Utilize Deep Underground Water

IFP Editorial Staff -
An Iranian legislator says drilling operations get underway in April, 2018 in southeastern Sistan region to extract deep subterranean waters.
IFP Exclusive

Iran Playing ‘Very Important’ Role in Iraq’s Economy: Minister

IFP Editorial Staff -
Iraqi Minister of Electricity Qasim Al Fahdawi has hailed Iran's crucial role in Iraq’s economy, calling on the Iranian companies to play a more active role in reconstruction of the Arab country.
IFP Exclusive

Tehran, Rome Seal Deal on Building Solar Power Station

IFP Editorial Staff -
The Islamic Republic of Iran and Italy have clinched a contract on the construction of a solar power station.
Media Wire

Iran to Ink Three Oil Deals This Month

IFP Media Wire -
Iran will sign three oil deals before the end of the current Persian year this month which will include operation of the fields for 20 years, Managing Director of the National Iranian Oil Company (NIOC) said on Saturday.
IFP Exclusive

Iran Reliable Source of Energy for Croatia: Zarif

IFP Editorial Staff -
Iran’s Foreign Minister Mohammad Javad Zarif, in a meeting with Croatian President Kolinda Grabar-Kitarović in Zagreb, said Tehran is prepared to meet the Eastern European country’s oil and gas needs.
IFP Exclusive

Iran, Armenia Discuss Enhancing Energy Cooperation

IFP Editorial Staff -
Iran and Armenia have held the 15th meeting of their Joint Economic Commission to explore ways for further cooperation between the two sides in energy as well as other fields.
Media Wire

Oil Swap Deal between Iran, Iraq Delayed over Safety Issues

IFP Media Wire -
An oil swap plan between Iran and Iraq is facing delays due to safety problems, secretary of the Iran-Iraq Chamber of Commerce says.
IFP Exclusive

Mobile App to Let Iranians Buy Car Fuel Online

IFP Editorial Staff -
A new car fueling system has been launched in Iran based on which the car owners order fuel using a mobile application and receive it wherever they are.
IFP Exclusive

Iran to Build Solar Power Plant with S. Korean Investment

IFP Editorial Staff -
Iran plans to build a new solar power plant in the Zarandieh town of Markazi Province as part of a project mainly funded by a South Korean company.  
IFP Exclusive

Iran Energy Minister Welcomes IRGC’s Cooperation in Cloud Seeding

IFP Editorial Staff -
Iranian Energy Minister Reza Ardakanian says the ministry welcomes the idea of seeding clouds raised by the Aerospace Force of the Islamic Revolution Guards Corps (IRGC).
IFP Exclusive

Iran Stops Export of Free Natural Gas to Turkey

IFP Editorial Staff -
Head of the National Iranian Gas Company (NIGC) says Iran has ended free gas exports to Turkey after clearing its debts to the country.
IFP Exclusive

“Iran to Export 3m Barrels of Oil to Russia Monthly”

IFP Editorial Staff -
Iran's oil minister has spoken of the Islamic Republic’s contract with Russia to export 3 million barrels of crude oil to that country.
IFP Exclusive

Iran Opens New Solar Power Plant in Yazd

Fatemeh Askarieh -
The first solar power plant in Iran’s Yazd province, jointly financed by Iran and Germany, was officially inaugurated on Saturday, February 3.
Media Wire

Pakistan Not Cooperating with Iran on Pipeline: Minister

IFP Media Wire -
Iran’s Minister of Petroleum Bijan Zangeneh says Pakistan is not cooperating on the construction of a much-delayed pipeline to pump natural gas to the country.
IFP Exclusive

Iran to Complain to ICJ over Turkmenistan’s Overpriced Natural Gas Supplies

IFP Editorial Staff -
Tehran is to lodge complaints with the International Court of Justice over the quality and price of Turkmenistan's natural gas supplies to Iran.
IFP Exclusive

US Smuggling Out Syria’s Oil Resources: Turkish Website

Fatemeh Askarieh -
A Turkish-language website has revealed that the US forces along with the Kurdistan Workers' Party (PKK) militants are smuggling at least 17,000 barrels of oil out of Syria on a daily basis.
IFP Exclusive

OPEC to Renew Oil Freeze Pact: Iranian MP

IFP Editorial Staff -
An Iranian lawmaker says the member states of Organization of Petroleum Exporting Countries have decided to renew a deal to freeze their oil output with the aim of keeping their production at the current level.
IFP Exclusive

Iran Says Trump’s Oil Embargo Violates Nuclear Deal

IFP Editorial Staff -
A senior Iranian lawmaker says US President Donald Trump’s recent remarks about an embargo against Iran’s crude oil lack legal credibility and violate the nuclear deal between Tehran and world powers.
IFP Exclusive

Iran Receives €20m Aid from EU for Safe Nuclear Energy

IFP Editorial Staff -
The European Union has provided Iran with a €20 million donation to help it develop safe nuclear energy, said the spokesperson of Atomic Energy Organization of Iran (AEOI).
IFP Exclusive

US Pressuring Iran’s Oil Customers

IFP Editorial Staff -
The US keeps pressuring the customers of Iran’s oil to prevent them from purchasing petroleum from the Islamic Republic.
IFP Exclusive

“Iran’s Oil Ministry Showing Tolerance towards France’s Total”

IFP Editorial Staff -
An Iranian lawmaker says the Oil Ministry is showing tolerance vis-à-vis the French oil giant Total given the firm’s indicating that it might rethink its agreement with the ministry.
IFP Exclusive

Singapore to Conduct Field Studies on Iranian Oilfield

IFP Editorial Staff -
Singapore's Berlanga have signed a Memorandum of Understanding (MoU) with the National Iranian Oil Company (NIOC) to conduct field studies on development of Iran's Dalpari Oilfield.
IFP Exclusive

Japan Increases Energy Imports from Iran by 94%

IFP Editorial Staff -
Japan used to be a major customer of Iran’s energy market but the country drastically reduced its energy imports during the years that Tehran was under international sanctions. However, with the removal of the sanctions, Japan has once again joined the main importers of Iran’s energy.
IFP Exclusive

Iran, Russia to Boost Cooperation in Developing Oil, Gas Fields

IFP Editorial Staff -
A senior Iranian oil and gas official say Russia is in talks with the Islamic Republic for development of 10 oil and gas fields in Iran.
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