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.

Pour Mohammadi

Enemy cannot prolong its pump war

Justice Minister Mostafa Pourmohammadi has said that Iran has managed to undo the destructive effects of the Western-imposed sanctions.
Saudi Oil

Sliding crude prices at the expense of alternative energies

Mohsen Renani, a university professor, says he does not buy arguments that Saudi Arabia has refused to reduce its output only to undermine Russia, Syria and Iran.
Teyebnia

Tumbling oil prices have opened up an opportunity for Iran

Economy Minister Ali Tayyebnia has said that government is trying to turn the threat posed by falling oil prices into an opportunity for the country.
OPEC

Oil price manipulation, too risky a gamble

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.
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.