Oil

Iran oil exports up 0.76% to 2.65 mln bpd in February: IEA

Mar 29, 2023 02:46

Latest figures by the International Energy Agency (IEA) show that Iran continued to increase its oil exports in February despite the US sanctions.
Iran seeks $160 billion of investment to raise oil, gas production

Mar 27, 2023 11:57

Iran plans to increase its oil and gas production capacity by 50%, the head of the National Iranian Oil Company (NIOC) says.
President inaugurates expansion project in Abadan Refinery

Mar 20, 2023 10:06

President Seyyed Ebrahim Raeisi traveled to the country's southwest province of Khouzestan on Monday to inaugurate a new expansion project at the Abadan Refinery.
Iran self-sufficient in constructing oil, gas refineries

Mar 20, 2023 09:58

Iran has become self-sufficient in constructing oil and gas refineries, said Oil Minister Javad Owji on Monday.
Iran says ready for new investment in its oil sector

Mar 20, 2023 03:43

The Iranian Oil Ministry has issued a statement saying that it would welcome any offer for foreign investment in its oil and gas projects.
Iran’s largest refinery restoring output to pre-war years

Mar 16, 2023 14:13

Iran is to launch a new expansion phase in its flagship refinery in Abadan to restore output in the facility to levels seen before the Iran-Iraq war.
Iran’s Energy Exchange reports record sale of LPG shipments

Mar 15, 2023 03:19

Iran Energy Exchange (IRENEX) has reported a yearly record sale for three shipment of liquefied petroleum gas (LPG) amid reports suggesting Iran’s hard currency revenues from LPG exports have increased significantly in recent months.
Iran unveils plan to issue $6bn worth of oil bonds

Mar 13, 2023 02:59

Iran’s Oil Ministry has unveiled a plan to issue some $6 billion worth of oil bonds in a first such move in the history of the country which would allow supply of oil to domestic customers.
Iran’s oil exports to increase in coming months: Minister

Mar 06, 2023 08:55

Iranian Oil Minister Javad Owji says crude oil exports from the country will further increase in the upcoming months despite the growing pressure of the US sanctions on the Iranian energy sector.
US military tankers smuggle crude oil from Syria's Hasakah to bases in Iraq

Mar 04, 2023 14:19

The US military has reportedly used dozens of tanker trucks to smuggle crude oil from Syria’s northeastern province of Hasakah to bases in neighboring Iraq, as Washington continues to ferociously loot energy resources in the war-torn country.