An Iranian energy expert says Saudi Arabia’s deliberate manipulation of oil prices and its overproduction are to blame for the sharp pains the glutted market feels.
The Iranian government has devised special plans for the joint oil fields, trying to raise the country’s crude output in four years.
Production of nuclear energy is cheaper than wind and solar energies and is not tied to any specific climatic conditions.
Almost a dozen areas across Iran are suitable for generation of geothermal energy.
Consensus among all members will determine whether or not an extraordinary meeting of OPEC should be held in case global oil prices continue to drop, said the Iranian oil chief.
Shargh studies how the Iranian economy can effectively respond to an OPEC decision not to cut the production quotas of its members.
The Iranian Economy Council has agreed to allocate 1.5 billion dollars in finances to a project which will take natural gas to Sistan and Baluchestan Province.
The Iranian oil minister says countries that hold talks with Iran before the lifting of sanctions will have an edge over others that wait until after the sanctions are removed.
Iran's Oil Minister says the country has become self-sufficient in the production of diesel fuel.
Iran has defined a six-point plan for the gas sector under the country’s sixth five-year economic development plan which starts in March 2015, director for planning of National Iranian Gas Company (NIGC) said.