Energy

A new report says Iran and Russia are in final talks over high-season electricity exchange.

Iran has not negatively impacted the oil market by doubling its crude oil exports, says Iranian Minister of Petroleum Bijan Zangeneh.

Iran has bankrolled $800m for the development of Sanandaj and Mahabad petrochemical plants, both located in the country's Kurdish regions, thus making Iran’s biggest state investment in the region's history.

Indonesia inked a deal with Iran for purchase of 80,000 metric tons of Liquefied Petroleum Gas (LPG) from Iran.

The Deputy Energy Minister announced that Iran has exported 10bn kWh of electricity to regional countries over the past Iranian calendar year, which ended March 19.

Tehran hosts the 11th International Energy Conference, one of the largest gatherings of managers and experts in the energy sector.

Iran kicked off construction of its 9th cross-country gas pipeline, a senior official affiliated to the National Iranian Gas Company (NIGC) said.

Iran’s Institute for International Energy Studies (IIES) and the Japan Cooperation Centre for the Middle East (JCCME) have agreed to cooperate on studying energy efficiency in Iran.

Iranian Minister of Petroleum Bijan Zangeneh will meet his Indonesian counterpart in Tehran on Monday to discuss fresh energy cooperation, Shana news agency says.

Iran has exported the first consignment of its gas oil to Iraq’s Kurdistan, a local official said.

Iranian Deputy Oil Minister Hamidreza Araqi announced a considerable rise in the country's gas production output on Wednesday May 25.

The head of the Iran Oil Terminals Company (IOTC) has said that the company will cooperate with a Dutch oil company to refurbish its oil terminals and facilities.

Iran’s Pertropars Company and the global energy giant Royal Dutch Shell are in talks to boost their investment strategies in the country's growing energy sector, following the removal of anti-Tehran sanctions, an Iranian official said.

In Bandar Abbas, Ramin Rajaei, an official from the National Iranian Tanker Company, said that the NITC will restart oil cargoes to Europe in the near future.

Iran opened the Corporate Social Responsibility Conference in the Petroleum Industry on Tuesday May 17.

Iran plans to increase its oil swap capacity in the Caspian Sea and other regions, Deputy Petroleum Minister for International Affairs Amir Hossein Zamani Nia said. He made the remarks at the first international conference on “Rail-Ports and Rail-Oil” in Tehran.

Deputy Administrator of China’s National Energy Administration (NEA) Zhang Yuqing said the country's firms are ready to purchase 50% of Iran’s oil exports.

Indian officials are reportedly trying to repay their oil debts to Iran before an upcoming visit by Indian Prime Minister Narendra Modi to Tehran, which is due to take place on May 22.

The National Energy Administration of China has signed a memorandum of understanding with the Iranian Ministry of Petroleum to support oil and gas projects in Iran, including the refurbishment of Abadan Refinery in south-western Iran.

Iran and Kazakhstan have struck a deal on the construction of a wind park in Kazakhstan to generate electricity there.

Iranian Energy Minister Hamid Chitchian and his Tunisian counterpart Mongi Marzouk on Saturday discussed expansion of mutual cooperation between the two countries in the field of energy.

An Iranian official expressed the hope that a joint credit line between Tehran and Tokyo would contribute to the implementation of joint projects on water management systems.

Iran started export of its Liquefied Petroleum Gas (LPG) to African countries by using ISO tank containers, an official affiliated to the National Iranian Oil Production and Distribution Company (NIOPDC) said.

A top Iranian oil official said on Friday that sanctions on Iranian shipping lines have been completely removed, adding that Iranian tankers presently have no problem to travel to ports around the world.

The International Energy Agency (IEA) announced on Thursday that Iran’s oil production has risen faster than expected, reaching levels not seen since before the Western sanctions against the country were tightened in 2011.