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Energy

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.

Lights Out at Milad Tower to Commemorate Earth Hour (+Video)

The iconic Milad Tower in Tehran went dark for an hour on Saturday night, as the Earth Hour campaign kicked off across the globe to raise public awareness about climate change and energy consumption.

Iran, Pakistan to Hold Technical Talks on Peace Pipeline

Iranian Foreign Minister Mohammad Javad Zarif and Pakistani Prime Minister Shahid Khaqan Abbasi have held talks on the controversial issue of Iran-Pakistan gas pipeline.

Iran to Run Project to Utilize Deep Underground Water

An Iranian legislator says drilling operations get underway in April, 2018 in southeastern Sistan region to extract deep subterranean waters.

Iran Playing ‘Very Important’ Role in Iraq’s Economy: Minister

Iraqi Minister of Electricity Qasim Al Fahdawi has hailed Iran's crucial role in Iraq’s economy, calling on the Iranian companies to play a more active role in reconstruction of the Arab country.

Tehran, Rome Seal Deal on Building Solar Power Station

The Islamic Republic of Iran and Italy have clinched a contract on the construction of a solar power station.

Iran to Ink Three Oil Deals This Month

Iran will sign three oil deals before the end of the current Persian year this month which will include operation of the fields for 20 years, Managing Director of the National Iranian Oil Company (NIOC) said on Saturday.

Iran Reliable Source of Energy for Croatia: Zarif

Iran’s Foreign Minister Mohammad Javad Zarif, in a meeting with Croatian President Kolinda Grabar-Kitarović in Zagreb, said Tehran is prepared to meet the Eastern European country’s oil and gas needs.

Iran, Armenia Discuss Enhancing Energy Cooperation

Iran and Armenia have held the 15th meeting of their Joint Economic Commission to explore ways for further cooperation between the two sides in energy as well as other fields.
Oil Swap Deal between Iran, Iraq Delayed over Safety Issues

Oil Swap Deal between Iran, Iraq Delayed over Safety Issues

An oil swap plan between Iran and Iraq is facing delays due to safety problems, secretary of the Iran-Iraq Chamber of Commerce says.

Mobile App to Let Iranians Buy Car Fuel Online

A new car fueling system has been launched in Iran based on which the car owners order fuel using a mobile application and receive it wherever they are.