Energy

The United States' decision to end waivers that allowed a handful of countries to buy oil from Iran is more likely to have geopolitical implications than to affect Italy's energy supply,…

Many say that in the current economic conditions resuming the gasoline rationing system to better manage (curb) fuel consumption is inevitable, but may not help much in preventing smuggling.…

Despite the new US sanctions and bullying, and concerns expressed by Dutch banks, Dutch companies are still cooperating with Iran’s oil industry, said the head of the Dutch pavilion at the 24th…

Turkey will be unable to diversify oil imports quickly after the United States ended waivers on purchases from Iran, the Turkish foreign minister said on Thursday, a day after a US-imposed…

Saudi Arabia’s coast guard assisted an Iranian oil tanker with engine trouble off the coast of Jeddah in the Red Sea after Riyadh received a request for help from Iran. Iran confirmed that its…

A 1000-kilowatt solar power plant became operational in the northwestern Ardabil Province on Thursday, the head of provincial regional electricity company said. "Built over 3,000 square meters…

Unilateral measures to cut Iranian oil exports to zero will not produce the results desired by the Trump White House. 

The national gas grid will be completed in three years after which the entire country will have access to the network by 2023, managing director of Iran Gas Company said at the weekend.

Oil Minister Bijan Namdar Zanganeh has denied rumors that gasoline rationing would start from today (May 2). “What is being floated around regarding gasoline rationing is a lie,” he said…

President Hassan Rouhani on Wednesday inaugurated water projects in western Kermanshah Province completed at a total cost of $285 million.  

Oil prices fell on Wednesday after a report showed a rise in US crude inventories, but global markets remained tense amid an intensifying political crisis in Venezuela, tightening US sanctions…

OPEC oil supply hit a four-year low in April due to further involuntary declines in sanctions-hit Iran and Venezuela and output restraint by top exporter Saudi Arabia.

Gas units of the first phase of Khorramabad Combined Cycle Power Plant in Lorestan Province, have registered 70% progress and will come on stream in the fall, said the managing director of Saba…

Raising water tariffs will not necessarily lead to lower consumption, but can help if applied in tandem with other management measures, a water expert said.

Abundant gas deposits plus cost-effective production amply justify replacing gasoline with compressed natural gas, director of the CNG office of the National Iranian Oil Refining and…

Some 20 million barrels of Iranian oil sitting on China’s shores in the northeast port of Dalian for the past six months now appears stranded as the United States hardens its stance on importing…

Asia's crude oil imports from Iran rose to the highest in eight months in March as buyers rushed for more cargoes to take advantage of waivers to the sanctions the United States imposed, data…

Privately funded power plants will continue to struggle with low profit margins in the months ahead unless government-affiliated Power Generation, Distribution and Transmission Company (Tavanir…

Oil prices fell on Monday, extending a slump from Friday that ended weeks of rallying, after President Donald Trump demanded that producer club OPEC raise output to soften the impact of US…

The US sanctions on Iran’s oil sector has had no influence on petrochemical exports because the mechanism defined for exporting petrochemicals differs from crude oil export, the secretary…

Bushehr Nuclear Power Plant in the southern namesake city that was temporarily shut down for technical overhaul has restarted operation, head of the plant said. "The plant will operate for 298…

A 10 megawatt solar power plant opened in Abadeh County in southern Fars Province on Sunday. A private sector initiative, the plant is one of the largest of its kind in the south and cost $3.5…

Russian President Vladimir Putin said on Saturday he hoped Iranian oil exports would continue despite Washington’s efforts to stop them.  Washington has demanded that buyers of Iranian…

Work is in progress at the Miandoab Petrochemical Complex in West Azarbaijan Province and production is slated to begin in the second half of the current fiscal that started in March, head of…

The National Iranian Oil Company generated $8.6 billion from selling five petroleum products namely gasoline, diesel, mazut, kerosene and liquefied gas in the fiscal 2017-18, Fars news agency…