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Iran reports record in gasoline use amid queues at pumps
Aug 18, 2023 06:13Iran is experiencing record demand for gasoline these days as authorities deny rumors about a potential fuel price hike that has caused long queues at filling stations in large cities like Tehran.
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Iran’s hydrocarbon reserves equal to 340 bn barrels of oil: NIOC chief
Aug 14, 2023 07:20Iran’s total hydrocarbon reserves amount to the equivalent of 340 billion barrels of crude oil, making the country the largest holder of combined oil and gas reserves in the world, according to CEO of the National Iranian Oil Company (NIOC).
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Iran’s oil exports exceed budget target of 1.4 million bpd
Aug 14, 2023 06:37Iran’s crude oil exports has already hit a target set in the country’s annual budget law despite US sanctions as authorities expect even higher sales could boost government finances and help finish major infrastructure projects.
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Iran commends Oil Ministry measures to raise exports
Aug 04, 2023 08:51President Seyyed Ebrahim Raeisi has hailed Oil Minister Javad Owji and his staff for efforts that led to a major increase in Iran's oil exports in the year to late March.
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President lauds rise in Iran's oil output
Aug 03, 2023 06:00President Seyyed Ebrahim Raeisi admired the National Iranian Oil Company for increasing the oil production in the country.
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Tehran reaffirms resolve to pursue rights in gas field dispute
Jul 31, 2023 12:12Iran says it will not tolerate a violation of the nation’s rights over the Persian Gulf Arash Gas Field shared with Kuwait and Saudi Arabia.
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US military smuggles new batch of Syrian oil, crops to bases in Iraq
Jul 31, 2023 09:11The US military has separately used dozens of tankers and trucks to smuggle crude oil and crops from the country’s northeastern Province of Hasakah to bases in neighboring Iraq, amid Washington’s attempts to further plunder natural resources in war-ravaged Syria.
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Iran will not tolerate ‘loss of rights’ in disputed gas field: Owji
Jul 31, 2023 07:08Iranian Oil Minister Javad Owji says the country will not stand idle in the face of any move by Kuwait or by Saudi Arabia on a disputed gas field in the Persian Gulf that could lead to a loss of rights for Tehran.
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Iran to benefit from gas-for-oil barter deal with Iraq: Businessman
Jul 30, 2023 06:18A senior Iranian businessman says a recent deal between Iran and Iraq to swap Iranian gas and electricity for Iraqi crude oil and mazut will benefit Iran and will remove hurdles created by the United States in energy trade between the two neighboring countries.
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Iran ranks 3rd in oil reserves globally: OPEC
Jul 23, 2023 12:51Iran has the third largest proven oil reserves across the world, new figures by the Organization of Petroleum Exporting Countries (OPEC) show.