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.
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.
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.
Managing Director of the Persian Gulf Petrochemical Industry Company (PGPIC) Adel Nejad-Salim said that it plans to re-open its offices in Europe in the near future.
Asian imports of Iranian oil in March jumped 50% from a year earlier, as shipments to India and South Korea have risen since international sanctions were lifted on Iran.
Head of the Atomic Energy Organization of Iran (AEOI) Ali Akbar Salehi announced that his country is holding talks with the Russians to sell them 40 tons of its excess heavy water.
The export of gas to Iraq is Iran’s top priority, the Director of National Iranian Gas Company for Planning, Mohammad Reza Qodsizadeh, said on Monday May 9.
Surveys are being carried out all over Iran to explore new oil and gas reserves, the head of the National Iranian Oil Company’s Exploration Directorate announced.
Iran’s Research Institute of Petroleum Industry and the Norway's International Aker Solutions Company inked a Memorandum of Understanding to cooperate in the field of oil and gas, an official said on May 9.
There is no major obstacle to the sale of Iranian crude in international markets, an Iranian deputy oil minister for international affairs and marketing said.
Iran’s Oil Minister Bijan Namdar Zanganeh blamed Saudi Arabia for discouraging customers from buying Iranian crude and luring them away by offering lower prices.
The Petrochemical Research and Technology Company (PTRC) and the Supplying Petrochemical Industries Parts, Equipment & Chemicals Engineering Company (SPEC) have signed an agreement to...
A senior Petroleum Ministry official has called for the private sector to step in and help recover billions of dollars from going to waste in Iran’s natural gas flares.
A petroleum activist says that the implementation of the Joint Comprehensive Plan of Action (JCPOA) paves the way for investments in a ban-free Iran. Omani Minster of Oil and Gas Muhammad bin Hamad al-Rumhi says Iran and Oman are to join efforts in addressing falling prices in the oil market.
Iranian President Hassan Rouhani said the country’s exports of oil will be soon equal to the level of the pre-sanctions era, noting that part of the banking problems will be also fixed.
An Iranian official said here on Saturday that French oil giant Total has received preliminary information for studying the development of the South Azadegan oil field.
