The Iranian oil industry’s economy is projected to grow 15.2 percent this Iranian calendar year (starting March 21, 2023), said the country’s top banker.
IRAN Feed Atom
The US renewed the waiver to allow Iraq to pay Iran for electricity, renewing criticism of President Biden from Republican lawmakers
Iran’s MAPNA Group, which is West Asia’s leading company in executing thermal and renewable power plants, is offering its latest achievements in the 23rd Iran International Electricity Exhibition (IEE 2023), the company’s portal reported.
Iranian Oil Minister Javad Owji on Wednesday said the country’s liquefied petroleum gas (LPG) exports have increased around 20 percent in the current Iranian calendar year (starting March 21, 2023).
Iran’s Oil Minister Javad Owji and visiting Iraqi Minister of Electricity Ziyad Ali Fazel explored all avenues to develop the two neighboring states’ relations in the energy sector on Wednesday night.
Iran’s National Petrochemical Company (NPC) managing director on Thursday said $4.2 billion will be invested in domestic projects to attain self-sufficiency and complete the industry’s value chain.
Ariassol Polymer Company was introduced as an innovative knowledge-based company by the Vice President of Science and Technology.
Referring to the fact that 7 Iranian oil fields are currently being developed by Russian companies, the CEO of Iran's National Oil Company said: "In the development of these fields, the maximum capacity of Iran's domestic companies is used."
The CEO of National Iranian Oil Company said: "In the light of digital transformation and intelligentization, we will establish the control center of hydrocarbon fields for 15 oil and gas fields, and the memorandum was signed."
Iran’s Oil Ministry is the leading supporter of knowledge-based companies and first-time production, said the government spokesman.
Iran produced 3.115 million barrels per day (bpd) of crude oil in October, registering a 46,000-bpd increase compared to the previous month, according to OPEC’s latest monthly report.
Implementation of new projects in southern Iran has added some 30,000 barrels a day (b/d) to Iran’s oil production, according to an official with the knowledge of the matter.
Bushehr Petrochemical Complex with the prospect of being the largest petrochemical complex in the region for the production of olefinic, polyolefinic, methanol, sulfur, ethylene glycols and acid products is being completed and operated.
The Spokesperson of the Iranian Energy Ministry’s electricity sector has said that the necessary preparations have been made for the construction of renewable power plants with a total capacity of 6,900 megawatts (MW) across the country, IRNA reported.
According to the statistics of the US Department of Energy, the total stolen Iranian oil by this country has reached more than 4 million barrels since 2020 under the pretext of sanctions.
CEO of National Iranian Oil Company announced
The CEO of National Iranian Oil Company announced that the drilling of 35 infield wells in South Pars with a credit of one billion and 170 million dollars has been handed over to four Iranian drilling, exploration and production companies with the aim of increasing productivity and maintaining gas production.
The volume of trade exchanges between Iran and the Eurasian Economic Union (EAEU) member states in the first seven months of the current Iranian calendar year (started March 21, 2023) reached $4.2 billion.
The CEO of Dehdasht Petrochemical Industries announced the installation of butane storage tanks in this industrial unit.
The energy ministers of 5 countries Pakistan, Iraq, Uzbekistan, Tajikistan and Afghanistan are coming to Tehran this week to attend the opening of the Iran International Electricity Exhibition.
China's oil imports from Iran have hit record highs as Iran ramps up output despite the threat of further U.S. sanctions, Reuters reported.