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Iran reports major surge in petchem, oil products exports
Feb 15, 2023 03:37Iran has reported major increases in exports of certain petrochemicals and oil products in the calendar year that started in late March 2022.
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Iranian city of Ahvaz hosts major oil firms to boost crude output
Feb 10, 2023 05:23Iran's oil rich city of Ahvaz is hosting 270 local firms active in the production of petroleum equipment as well as contractors of mega oil projects to take part in the second Ahvaz Oil Show.
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Rebuffing Western pressure, India says it will buy oil from ‘wherever is beneficial’
Feb 08, 2023 11:56Indian minister of petroleum and natural gas says New Delhi will buy the oil it needs from wherever it is beneficial and not give in to Western pressure.
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Iran's international achievements after Islamic Revolution
Feb 03, 2023 09:38Iranians are celebrating the 44th anniversary of the 1979 Islamic Revolution. The country has made significant international achievements after the Revolution despite Western sanctions and pressure campaigns.
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Iran’s oil, gas incomes rise 40%: Minister
Jan 31, 2023 11:01Iran’s income from the sale of oil and gas during the first ten months of the current Iranian year has grown by around 40 percent year on year, Oil Minister Javad Owji said.
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NIOC to issue oil bonds to finance Iran’s upstream projects
Jan 26, 2023 09:19CEO of Iran’s state oil company the NIOC says the government will soon begin to sell oil bonds to secure the investment needed in large-scale oil and gas projects in the country.
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G7 postpones review of price cap for Russian oil to weather energy crisis
Jan 21, 2023 11:22The Group of Seven (G7) countries have agreed to postpone reviewing the level of the price cap on Russian oil exports for further appraisal of the global market, the US Treasury says, in what is viewed as a last-ditch effort to scrape through the chilly winter and offset repercussions of the world energy crisis in the aftermath of anti-Moscow sanctions.
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At 2.2 million bpd, Iran’s oil exports return to pre-sanction levels
Jan 16, 2023 08:50Iran’s overall exports of crude oil, petroleum products, gas, condensates, liquids and LPG have reached 2.23 million barrels of crude oil per day (bpd), which is the same figure as before the sanctions, local media report.
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US occupation forces, SDF militants steal 53 tankers of oil from Syria to Iraqi bases
Jan 15, 2023 04:45US occupation forces and their allied militants have deployed scores of tanker trucks to smuggle crude oil from Syria’s northeastern Province of Hasakah to bases in neighboring Iraq as part of their ferocious attempts to further plunder natural resources in war-torn Syria.
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Iran plans $80 billion of oil, gas investment in 10 years
Jan 10, 2023 09:19Iran plans to carry out 20 oil and gas projects worth about $80 billion in a 10-year period, deputy head of investment at the National Development Fund of Iran (NDFI) has said.