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.

Iran, Tunisia Discuss Development of Energy Cooperation

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.

Joint Credit Line to Help Boost Iran-Japan Cooperation in Water Projects

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 Exports LPG to Africa by Using ISO Tank Containers

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.

Iran Tankers Now Free to Dock at Any Port

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.

IEA says Iran’s Oil Output Rose Faster than Expected

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.

PGPIC to Re-open European Offices

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.

Tehran Cuts Crude Price amid Riyadh’s Surge Push

Tehran is reportedly cutting the price of Iranian crude in the Asian trade amid Saudi Arabia’s efforts to flood the already brimming world oil market.

Iran Announces Major Jump in Asian Oil Exports

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.

AEOI Chief: Iran in Talks with Russia on Exports of Heavy Water

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.

Top Priority is Exporting Gas to Iraq: NIGC Official

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.