An oil tanker in the Strait of Hormuz, which had turned off its radar system, exploded after hitting a mine in the Strait of Hormuz.
IRAN Feed Atom
The pressure boosting plan for "Hub 1" of the joint South Pars gas field has entered the implementation phase with the aim of maintaining production capacity, preventing reservoir pressure drop, resolving the country's gas imbalance, and safeguarding Iran's share in this gas field.
Oil Ministry has made significant progress in strengthening the country's smart energy management system by expanding digital infrastructure and integrating key energy data platforms, according to the deputy head of Parliament's Energy Committee.
Iran’s oil minister announced the agreement between Iran and Armenia to form a joint specialized working group in the energy sector and said: Tehran has proposed that, by defining a new model for gas trade, the grounds for developing energy cooperation with Yerevan and even exporting gas through Armenia to other markets be examined.
The head of Iran's parliamentary Energy Committee said comprehensive support for rebuilding the country's refineries, petrochemical plants and power stations will be a top priority, pledging to remove obstacles and facilitate projects across the energy sector.
The Minister of Energy said: The Meshgin-Shahr geothermal power plant in Ardebil, with a capacity of five megawatts and an investment of 10 million euros, has been connected to the national electricity grid and has entered the cycle of electrical energy generation.
The caretaker of the National Petrochemical Company (NPC) said Wednesday the company must overhaul its structural model and improve internal processes as part of a broader push to strengthen its governance role.
A significant portion of Iraq's electricity supply depends on natural gas exported from Iran, Iran's oil minister said, highlighting deepening energy ties between the two neighbors.
Iran's main military command, Khatam al-Anbiya Central Headquarters, on Wednesday warned that if the United States attacks Iranian infrastructure, Iran will block all oil exports from West Asia and target oil, gas, electricity, and economic infrastructure across the region, according to media reports.
The CEO of South Pars Gas Complex called for the full use of technical, operational and management capabilities to ensure stable gas production ahead of the upcoming winter, describing the season as a critical and challenging period for Iran's gas industry.
Iran has set the official selling price for its light crude oil grade for Asian buyers at $4.35 a barrel below the Oman/Dubai average for August, the state-owned National Iranian Oil Company said on Wednesday.
Just weeks after a fragile ceasefire offered a glimmer of hope for stability in the Persian Gulf, the Trump administration has once again plunged the region—and the world—into a dangerous abyss.
Kuwaiti oil tanker that was passing through the US-Omani corridor in the Strait of Hormuz was stopped by Iranian armed forces.
President Masoud Pezeshkian said Tuesday that the government remains committed to ensuring a stable energy supply for the country's industrial sector while removing barriers to production and supporting economic activity.
The Minister of Economy announced the drafting of a reform package to eliminate laws that hinder business, as well as revising the tax system to reduce traditional audits and corruption.
Iran expects to restore 100 million cubic meters of gas production capacity within the next few months, according to Mohammad-Jafar Ghaempanah, the president's executive deputy.
Iran’s problems cannot be solved by the government alone, President Masoud Pezeshkian said on Monday, calling for broad public participation to tackle the country’s deep-rooted structural imbalances.
An official, announcing that the country's renewable power plant capacity has surpassed 5,400 MW, stated: If equipment, foreign currency, and financial resources are provided, the target of exceeding 7,000 MW by the end of summer will be achieved.
The Manager of Engineering and Development at the National Iranian Oil Company, referring to the meeting between Iran's Oil Minister and Russia's Minister of Energy, emphasized the continuation of cooperation between the two countries in developing oil and gas fields.
President Masoud Pezeshkian on Sunday called on Oil Ministry to align its operations with global standards, expand technical training and develop integrated management systems to improve the performance of engineers and specialists in the oil and gas sector.