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.

arabs oil

Iran sets its sights on joint oil fields

The Iranian government has devised special plans for the joint oil fields, trying to raise the country’s crude output in four years.
Bousher power plant

By 2040 countries lacking nuclear-generated electricity will fall apart

Production of nuclear energy is cheaper than wind and solar energies and is not tied to any specific climatic conditions.
Iran -Earth Enegry

Iran becomes the ninth member of an exclusive club of nations tapping geothermal energy

Almost a dozen areas across Iran are suitable for generation of geothermal energy.
OPEC Zangeneh

With oil prices in free fall, an OPEC extraordinary meeting is likely: Iranian oil...

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.
OPEC-OIL

OPEC; the known unknowns

Shargh studies how the Iranian economy can effectively respond to an OPEC decision not to cut the production quotas of its members.
Gas sistan

Iran to take natural gas to the southeast to help local economy pick up

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.
Bijan Namdar Zangeneh

Iran’s oil industry needs $200 b. in investment: Minister

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.
diesel fuel

Iran Self-Sufficient in Diesel Fuel

Iran's Oil Minister says the country has become self-sufficient in the production of diesel fuel.
gas development

Iran Defines Six-Point Gas Development Plan

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.
Iranian hydroelectric power

Iranian Hydroelectric Power Plants’ Output Rises by 9%

The electricity produced by Iran’s hydroelectric power plants has witnessed over 9 percent increase since the beginning of the current Iranian year