European oil majors are for the first time openly declaring interest in Iran in anticipation of a possible end to sanctions against the country over its nuclear program.
Azerbaijan's minister of energy says the Islamic Republic can join Trans-Anatolian Pipeline (TANAP) in order to export its natural gas to European countries.
Pirate attacks targeting commercial shipping, including oil cargo, have sharply increased, Managing Director of National Iranian Tanker Company (NITC) Ali Akbar Shafa’ie has said.
An Iranian deputy minister of petroleum says the country’s petrochemical production capacity will reach 180 million tonnes in next 10 years despite international sanctions imposed on Iran's energy and financial sectors.
A senior official of Russia’s State Corporation on Atomic Energy, Rosatom, has indicated his company’s interest in building new nuclear power plants in Iran.
Iran is to increase price of natural gas supplied to households, businesses, and state-run building by 15% compared to last year, while leaving natural gas price for industries intact.
Iran and Indonesia have reached a final agreement on building 48 power plants in the Southeast Asian country, Iranian Energy Minister Hamid Chitchian has said.