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Iran among world’s leading countries in development of oil pipelines despite sanctions: Report
May 14, 2023 05:58A US research institute said Iran has ranked first in the world in terms of development of oil pipelines in spite of the sanctions imposed against the country.
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Iran, Iraq sign petroleum deal that puts gas first
May 12, 2023 04:39Iran and Iraq have signed a major petroleum cooperation agreement amid expanding ties between the two energy-rich neighbors.
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Iran’s petrchem output to rise by 14.2% until March
May 03, 2023 05:40Iran has plans to increase its total annual production of petrochemicals by some 14.2% in the calendar year to late March, according to a senior official in the state-run National Petrochemical Company (NPC).
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Iran seeks oil partnerships to boost investment: Leader's aide
May 03, 2023 05:16Iran is seeking partnerships with other countries to boost investment in its oil sector, according to a senior aide to Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei.
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Iran losing $4 bn a year to fuel smuggling: Report
May 01, 2023 05:03Extensive fuel smuggling across Iranian borders is leading to an estimated loss of $4 billion per year for the country, according to findings of a report in the local media.
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Iran raises natural gas supply to Iraq by 3-4 times: Report
Apr 30, 2023 04:46Iranian exports of natural gas to Iraq increased significantly in April compared to earlier this year, according to regional oil and gas analytics firm.
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EU facing potential energy supply catastrophe
Apr 26, 2023 08:33The EU's industry and economy were built thanks to decades of cheap gas supply from Russia. Now the bloc has shut that supply off due to the war in Ukraine.
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Omani minister: Iran gas pipeline project progressing
Apr 18, 2023 13:36Oman's Energy Minister Salim al-Aufi has said a long-stalled project to lay an undersea pipeline to carry Iranian gas to Oman is finally progressing.
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Iran denies it has any plan to raise fuel prices
Apr 06, 2023 05:30Iranian Oil Minister Javad Owji has rejected reports about an imminent fuel price hike in the country as he insists that the government will continue to provide gasoline and diesel at heavily subsidized prices at least until March 2024.
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Iran seeks $160 billion of investment to raise oil, gas production
Mar 27, 2023 15:27Iran plans to increase its oil and gas production capacity by 50%, the head of the National Iranian Oil Company (NIOC) says.