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. Managing Director of the Nationa...
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. With Indonesian Coordinating Minister for Economics Sofya...
Iran’s Minister of Petroleum Bijan Zangeneh says he may meet his Saudi counterpart Ali al-Naimi at the next OPEC meeting in Vienna. Zangeneh said the views of the two countries are identical in many areas and that Ira...
Iran is planning to bring three new petrochemical plants on-stream before the end of the current Iranian calendar year (ends March 20, 2016), an official says. Maryam Shahedaei, the official in charge of projects at t...
Iran has gone on a spree of negotiations with the Africans and the Europeans besides the Asians for sales of its liquefied petroleum gas (LPG), an official said on Monday. Mohammad Ali Barati, the managing director of...
Indonesian officials said on Saturday that Iran will construct a refinery in the country. Rudy Rajab, the president of Iran-Indonesia Trade Commission, has told a meeting of traders of the two countries in Tehran that...
ExxonMobil has rejected as “inaccurate” media reports that it is lobbying the US government on Iran sanctions . “ExxonMobil is not lobbying on Iran sanctions,” said Ken Cohen, vice president of Public and ...
Iran is likely to abolish subsidised fuel allowances for motorists, an Oil Ministry adviser said on Saturday, in a move that will cut state spending but could also drive inflation and cause protests. The government is...
An Iranian nuclear negotiator says the Islamic Republic seeks a “good” deal with the P5+1 countries over Iran’s nuclear program, stressing, however, that Tehran will not cave in to any excessive dema...
Iran’s deputy energy minister says Iran, Georgia and Armenia will soon start trilateral cooperation on electricity exchange. “Through Armenia, we can have energy exchange with Georgia,” Hooshang Falahatian said in a M...