Energy

  • Natural gas supply to West Azarbaijan Province is expanding and 11 more small towns and villages are now linked to the national grid, managing director of the National Iranian Gas Company said…

  • France’s Total is seeking to sell part of its stake in Kazakhstan’s giant Kashagan oilfield to raise up to $4 billion, four banking sources said. Total holds a 16.8% stake in Kashagan, one of…

  • To help stabilize power supply in Khuzestan Province, six mega transformers are being installed in Ahvaz and Omidiyeh substations, managing director of the provincial power company said. "The…

  • The program to restart use of fuel cards without restarting the 2015 gasoline rationing system would be pointless, the former head of the gasoline rationing office said. "Reactivating old fuel…

  • New electricity tariffs for heavy consumers will start at the end of this Iranian month (June 21). After parliament rejected a government proposal to raise tariffs for subscribers across the…

  • India has officially ended all oil imports from Iran, India’s Ambassador to the United States Harsh Vardhan Shringla said on Wednesday, after Prime Minister Narendra Modi  managed to emerge…

  • Iraq can continue importing Iranian natural gas and power until June, said Joey Hood, charge d’affaires of the US mission in Iraq. 

  • In recent weeks, Iran has been storing more oil onshore and at tankers at sea as it looks to continue producing oil, but its crude exports are severely restricted by the US sanctions, Reuters…

  • Mapna Group opened Iran’s first electric vehicle charging station at Tehran's iconic Milad Tower on Wednesday.

  • Turkey has closed its ports to Iranian oil, fully complying with US sanctions against its main supplier, despite Ankara publicly criticizing the United States’ move to end import waivers and…

  • The United States is increasing its oil imports from Russia, according to a Bloomberg source, as US refineries clamor for more oil now that Venezuelan oil supplies have dried up. The amount of…

  • Second phase of the Tang Bijar Gas Field development project in western Ilam Province is good progress, the planning manager of state-owned Iranian Central Oil Fields Company said. "The second…

  • Export of petroleum products including mazut, diesel and gasoline to Afghanistan is continuing as planned, spokesman of the National Iranian Oil Products Distribution Company said Wednesday.…

  • 1. Ardeshir Dadras, the head of Iran’s CNG Association: Iran accounts for $38 billion of the $350 billion worth of energy subsidies paid in the world [annually]. (IRNA) 2. Deputy Industries…

  • From easing the limits to ending the extreme throttling-back that has seen some countries exceed original cutback targets, Russia sees a range of options that would allow OPEC+ to continue…

  • United States Energy Secretary Rick Perry said on Tuesday that a sanctions bill putting onerous restrictions on companies involved in the Nord Stream 2 project would come in the “not too distant…

  • Soil, water and electricity projects in West Azarbaijan Province were inaugurated Tuesday in the presence of President Hassan Rouhani and Energy Minister Reza Ardakanian. The development plans…

  • Oil prices rose on Tuesday on escalating US-Iran tensions and amid expectations that producer club OPEC will continue to withhold supply this year. But gains were checked by concerns that a…

  • Compressed natural gas prices rose by 10% today (May 22). Ardeshir Dadras, head of Iran's CNG Association made the announcement Tuesday on the sidelines of a conference on the "CNG Industry…

  • Production at the giant Kashagan oilfield in Kazakhstan's sector of the Caspian Sea restarted Sunday following the completion of scheduled maintenance, a source with a partner in the field's…

  • Close to 520 kilometers of high-pressure gas pipes are being laid in Zahedan, Sistan-Baluchestan Province, managing director of the Khorasan Razavi Province Gas Company said. "The project is…

  • Rehabilitation of Tehran's ageing power infrastructure is underway and several substations have been repaired or replaced, managing director of Tehran Regional Electricity Company said.

  • In a bid to improve energy efficiency and help protect the environment, Fanavaran Petrochemical Company off the Persian Gulf has reduced energy consumption in the methanol and ethanol units, the…

  • France’s Total has halted some of the units at its 230,000-barrel-per-day Leuna refinery in Germany to conduct technical checks after contaminated Russian crude oil was found to have flown via…

  • National Iranian Oil Company has employed new tactics and chosen new destinations in shipping oil following the re-imposition of US sanctions, maritime affairs deputy director at Iran’s Ports…