Energy Market

The latest news and views about energy market

IFP Exclusive

Iran Calls for More Energy Cooperation with Afghanistan

IFP Editorial Staff -
Iran’s Energy Minister says all-out economic relations between Iran and Afghanistan must be developed, especially in the energy sector.
IFP Exclusive

Iran’s Gas Pipeline Network Unmatched in World: Rouhani

IFP Editorial Staff -
President of the Islamic Republic of Iran Hassan Rouhani has highlighted his administration’s major achievements in the oil, gas and petrochemical industries, saying the country’s natural gas delivery system is globally unique.
IFP Exclusive

Three Energy Megaprojects Come on Stream in Iran

IFP Editorial Staff -
Iranian President Hassan Rouhani on Monday inaugurated three national large projects in the oil, gas and petrochemical industries.
IFP Exclusive

Iran to Turn Jask Port into Oil Exports Hub: President

IFP Editorial Staff -
The Islamic Republic of Iran is to turn its Jask port in the south of the country into a major hub of oil exports.
IFP Exclusive

Iran Leading Regional State in Terms of Power Generation Capacity

IFP Editorial Staff -
Iranian Minister of Energy Reza Ardakanian says the Islamic Republic is the leading country in the region in terms of installed power generation capacity.
IFP Exclusive

Iran to Publicly Sell Shares of Four State-Owned Oil Refineries

IFP Editorial Staff -
Iran’s government spokesman says shares of four refineries will begin to be offered to the public soon.
IFP Exclusive

Time to Wean Global Economy Off Oil Earnings: Analyst

IFP Editorial Staff -
An analyst says recent developments indicate the world economy will no longer be dependent on oil revenues in the future.
IFP Exclusive

Resolving Oil Market Issues Requires Global Cooperation: Iran Minister

IFP Editorial Staff -
Iranian oil minister says the OPEC alone cannot solve the problem of the oil market, noting that resolution of the oil market issues requires global cooperation.
IFP Exclusive

Iran’s Largest Hydro Power Plant to Be Built in Yazd with Foreign Investment

IFP Editorial Staff -
Iran’s largest hydro power plant will be constructed in central Yazd province with foreign investment.
IFP Exclusive

Tehran, Doha Agree to Work Together in Energy, Investment Domains

IFP Editorial Staff -
Iran and Qatar have agreed to work together in the fields of energy and investment, and to seriously pursue mutual economic cooperation after the fallout from the coronavirus pandemic is over.
IFP Exclusive

President Inaugurates Major Energy Projects in Tehran Province

IFP Editorial Staff -
President of the Islamic Republic of Iran Hassan Rouhani has inaugurated a number of water and electricity projects in the province of Tehran, in which a total of 2.8 trillion tomans has been made in investment.
IFP Exclusive

US Imperialism More Perilous than Coronavirus: Rouhani

IFP Editorial Staff -
Iran’s president says the US imperialism is a more dangerous virus than the novel coronavirus for human society.
IFP Exclusive

Iran Exempted from OPEC+ Output Cut Deal: Minister

IFP Editorial Staff -
The Iranian petroleum minister says Iran, along with Libya and Venezuela, has been exempted from cutting oil output as they are under sanctions.
IFP Exclusive

Oil Price Falls Most since 1991 War, Plunges to $31

IFP Editorial Staff -
Oil prices crashed on Monday by around 30% in what analysts are calling the start of a price war.
IFP Exclusive

Iranian Firm Manufactures Smart Electricity Metres

IFP Editorial Staff -
An Iranian knowledge-based company has managed to produce energy metres that are on a par with European counterparts in terms of quality, but at a much lower price.
IFP Exclusive

Iran’s Petropars Developing South Pars Gas Field Alone

IFP Editorial Staff -
Iranian Minister of Petroleum Bijan Zangeneh says the Iranian energy company Petropars is now developing the Phase 11 of South Pars Gas Field alone after China’s CNPC International and France’s Total fully abandoned the project.
IFP Exclusive

Iran to Open Pavilion at Omani Energy Exhibition

IFP Editorial Staff -
The knowledge-based companies from the Islamic Republic of Iran are going to take part in the Oman Petroleum & Energy Show (OPES) in March 2020.
IFP Exclusive

Economist Explains Reasons for Advocating Fuel Rationing in Iran

IFP Editorial Staff -
One of the most fervent advocates of new regulations on fuel consumption in Iran says a series of public protests in the wake of a recent hike in the price of subsidized gasoline had other social reasons.
IFP Exclusive

Iran Foils Enemy’s Plot to Launch Major Attack on Its Oil Pipelines

IFP Editorial Staff -
Iran says it has managed to foil the enemies' plot to blow up the country’s oil pipelines in Asalouyeh, apparently hatched in retaliation for Yemeni forces’ September attack on Saudi Arabia’s Aramco oil facilities.
IFP Exclusive

Cash Subsidies Paid to 60m Iranians after Gas Price Hikes

IFP Editorial Staff -
A senior Iranian official says cash subsidies to improve the Iranian people’s livelihoods have been paid to some 60 million citizens in the past few days after gasoline prices were tripled.
Selected

Iran Leader Backs Government’s Gas Price Hike

IFP Media Wire -
Leader of Iran's Islamic Revolution Ayatollah Seyyed Ali Khamenei has strongly supported the government's recent decision to ration gasoline and increase its price despite the sporadic protests across the country.
IFP Exclusive

President, Speaker, Judiciary Chief Hold Meeting on Fuel Price Hikes

IFP Editorial Staff -
The recent decision to triple the fuel prices, which has caused sporadic protests across the country, was discussed on Saturday in a meeting of the Supreme Council of Economic Coordination.
IFP Exclusive

Demonstrators Take to Streets to Protest Fuel Price Hike in Iran

IFP Editorial Staff -
Sporadic protests have erupted in various Iranian cities on Saturday one day after gasoline prices were tripled without any earlier announcement.
Media Wire

Iran Substantially Raises Gasoline Prices

IFP Media Wire -
Iran has begun rationing on the purchase of gasoline and substantially increased the price of fuel in a move to assist the needy.
IFP Exclusive

Iran Oil Minister Gives Details of Newly-Discovered Oilfield

IFP Editorial Staff -
The Namavaran oilfield recently discovered in Khuzestan Province, south-west of Iran, is the country's second largest reservoir, Iranian Minister of Petroleum Bijan Namdar Zangeneh said.
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