Iran

Oil & Gas Trade

Iran Preps New Oil Export Terminal Beyond Strait of Hormuz

Iran said it will soon export oil from a new port that allows it to bypass the Strait of Hormuz, as nuclear talks between Tehran and other world powers show sig…

Personnel Appointment

Iran’s Oil Minister Zanganeh to Retire After Election

Iran's veteran oil minister Bijan Namdar Zanganeh said that he will retire once a new president is inaugurated following next month's election, even if he is as…

Oil Field

Iran to Award $1.8 Billion Gas Field Contract to Local Company

Iran’s Petropars Ltd. will be awarded a $1.78 billion contract by the National Iranian Oil Co. to develop the giant Farzad-B gas field that was previously inte…

Nuclear Fuel

Iran has Enriched Uranium to up to 63% Purity, IAEA Says

"Fluctuations" at Iran's Natanz plant pushed the purity to which it enriched uranium to 63%, higher than the announced 60% that complicated talks to revive its …

Energy Investment

Iraq to Invest $3bn Over Five Years in the Basrah Gas Company

Baghdad has also looked at forming other alliances regionally, to wean its dependence off Iranian gas

Nuclear Power Plant

Iran Restores Power at Damaged Natanz Facility

Iran has restored power supply at the damaged Natanz nuclear enrichment facility, state news agency IRNA said on 20 April.

Oil & Gas Trade

Iran: Oil Exports Hit 500,000 Barrels per day

According to a Reuters statement that reveals predictions from tanker tracking firms that Iran’s crude oil exports since the beginning of the month have hit ab…

Thermal Plant

Combined Cycle Power Plants’ Output Reaches New Record High

The electricity generated by Iran’s combined cycle power plants increased by 20 percent in the previous Iranian calendar year compared to the preceding year, r…

Nuclear Policy

Iran Nuclear Talks Make Progress in Vienna

In moving on to the next stage of discussing sequencing of actions, the parties are signaling a willingness to reach an agreement.

Nuclear Power Plant

Iran Hit by 5.9-magnitude Quake in Nuclear Plant Province

A 5.9-magnitude earthquake Sunday hit Iran's southwestern Bushehr province, which houses a nuclear power plant, injuring five people but causing no major damage…

Nuclear Power Plant

Iran Says It will Enrich Uranium to 60%, Highest Level Ever

Iran will begin enriching uranium up to 60% purity after an attack on its Natanz nuclear facility, a negotiator said Tuesday, pushing its program to higher leve…

Energy Security

Video: Iran Reports Accident at Main Nuclear Facility

​Iran has reported an accident at its main nuclear facility at Natanz.

Nuclear Fuel

Iran boosts uranium enrichment capacity to 16,500 SWUs: atomic chief

Iran has increased its uranium enrichment capacity to 16,500 separative work units (SWUs), Ali Akbar Salehi, head of the Atomic Energy Organization of Iran (AEO…

Biden Administration To Enforce Trump-Era Sanctions On Iran Oil Shipments

A key tenet of the prior Trump administration's crackdown on China and Iran was to punish those Chinese companies caught transferring sanctioned Iranian oil,

Crude Oil

China Ramps Up Oil Imports From Iran

China appears to be becoming a major importer of Iranian oil, as Iran’s production levels look set to soar thanks to better relations with Biden’s U.S.