Energy

iran energy news, Read the latest news about Iran’s oil and gas sector, renewable energy, electricity, water, and drilling industries.

  • Oil Minister Bijan Namdar Zanganeh and his Iraqi counterpart Jabar al-Luaibi's will not attend informal talks between OPEC and non-OPEC producers in Turkey this week, sources familiar with the…

  • An international conference on renewable energies will be held in Tehran this month and is expected to attract big overseas delegations of officials, investors and experts to explore Iran’s…

  • Russia's oil company Tatneft and the National Iranian Oil Company signed a preliminary agreement to cooperate in development of the Dehloran oilfield in western Iran, the NIOC said in a statement…

  • The National Iranian Oil Company’s director for international affairs says the company is in talks with Poland's Lotos to finalize a long-term oil sales deal.

  • Iran expects to start producing electricity from the heat of the earth less than a year from now as it takes steps to slowly move away from fossil fuel power stations that account for more than 80…

  • Iran's Air Force says it has developed a fuel saving device that can help improve the fuel economy of both diesel and gasoline vehicles while simultaneously reducing exhaust emissions.

    The…

  • Iraq's oil minister has urged oil and natural gas producers operating in the country to continue increasing output next year, the oil ministry said in a statement on Sunday.

    Jabar al-Luaibi…

  • Asian nations are stepping up their purchases of Iranian oil, underscoring Tehran’s deepening energy ties with the region amid a slow rapprochement with European crude buyers.

    China, India…

  • The National Petrochemical Company of Iran on Saturday signed a memorandum of understanding with a Japanese corporation on production of propylene, a polymer used in a broad range of industries.…

  • Almost 1.2 million homes and businesses were without power late Friday as Hurricane Matthew blasted Florida, Georgia as well as North and South Carolina in the US, electric companies said. The…

  • Iran's top renewable body is planning to expand solar energy from photovoltaic power stations to solar panels on rooftops in a bid to increase the country's scant electricity output from renewable…

  • The number of rigs drilling for oil and gas in the North Sea, home of the Brent crude benchmark, plunged in September to the lowest in nearly 35 years as companies cut spending to weather low…

  • Pars Oil and Gas Company is in talks with domestic contractors including Iran Marine Industrial Company (SADRA) to speed up the development of South Pars Gas Field platforms in phases 13 and 22-24…

  • Based on meteorological surveys, Iran is not expected to receive much rainfall this fall and certain areas of the country will see between 10% and 20% decline in precipitation.

    In addition…

  • Almost 90% of Iran’s scarce water resources is consumed in the agriculture sector, Energy Minister Hamid Chitchian said, issuing a fresh warning that the country needs a master plan to tackle the…

  • Argentina expects investment of $1.8 billion from 17 renewable energy projects awarded in an auction to generate 1,109 megawatts of power, the government said on Friday, as it tries to lessen…

  • The 36 American energy firms on the Standard & Poor's 500 list have gained $316 billion in market value since West Texas Intermediate crude oil prices reached a record low of $26.21 last…

  • Phase 1 of Iran’s first polystyrene park will go on stream in two months in the southern city of Asalouyeh, Bushehr Province, National Petrochemical Company’s production control director said.

  • Wintershall, Germany's largest oil and gas company, is studying Iran's upstream oil projects as Tehran is expected to hold the first international tender in its oil and gas industry this month.…

  • Iran and South Korea on Thursday signed an agreement in Tehran on constructing a wind and a solar power plant, said Nematollah Torki, the head of the Tehran Provincial branch of the Management…

  • A blaze that erupted at a privately-owned refinery in central Iran was doused without fatalities. It was the latest in a string of incidents in energy industry.

  • The government will not raise gasoline and diesel prices for consumers in the current fiscal year that ends in March 2017, managing director of National Iranian Oil Refining and Distribution…

  • Energy ministers from Iran, Saudi Arabia and Iraq will be among representatives of key OPEC producers meeting Russian officials for informal talks on oil output in Istanbul next week, OPEC sources…

  • Belarus is in talks with Iran to buy oil, President Alexander Lukashenko said Friday.

    "We have been in talks with Iran, which is trying to find an oil market," Lukashenko told Belarusian…

  • Construction of an experimental nuclear fusion reactor in southern France is in full swing as the cost estimate has ballooned to nearly four times the original estimate, but the ITER project's new…