Experts at Research Institute of Petroleum Industry (RIPI), which is the main center of research and exploration for gas hydrates in Iran, say that each cubic meter…
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Oil Minister Javad Owji Friday said that Iran will set a new record in oil exports in the new Iranian calendar year starting Tuesday.
The recent agreement between Iran and Saudi Arabia on resumption of diplomatic relations will have positive impacts on energy, economic, and political sectors of West Asia, particularly…
Iran has achieved its highest level of oil exports for at least two years, surpassing the previous high of 1.3 million barrels a day despite US sanctions,…
Iran has joined the six countries possessing technical know-how to produce sponge coke. Sponge coke production has started in the Bandar Abbas oil refinery after upgrading the…
The National Petrochemical Company (NPC) managing director said Iran is a market for long-term investments.
Talking to Press TV, Morteza Shahmirzaei added that Iran…
Maroun Oil and Gas Production Company (MOGPC) is expected to see its oil and gas production grow 5% as new modifications are under way in its pipelines….
Iran counts on “huge volumes” of oil and gas swaps from Russia this year, Iranian Economy Minister Ehsan Khandouzi said in an interview with Russia’s RIA state…
Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has named the Persian New Year the year of “Inflation Control, and Growth in Production.”
The Iranian president, Ebrahim Raeisi, visited China at the head of a high-ranking delegation at the invitation of his Chinese counterpart Xi Jinping in mid-February. Minister of…
Iran’s Oil Ministry in a statement stressed the significance of new investments in energy sector, and welcomed new investments, especially by OPEC+ counties.
The…
Iran has increased its minimum monthly wage for the calendar year starting March 21, 2023 by 27% to more than 80 million rials.
According…
The completion and inauguration of the second phase of Abadan Refinery capacity development and stabilization project are the invaluable manifestation of “we can”, President Ebrahim Raeisi said…
Iran has become self-sufficient in constructing oil and gas refineries, said Oil Ministry Javad Owji here on Monday.
Delivering speech during a ceremony –…
President Ebrahim Raeisi on Monday inaugurated Phase 2 of Abadan Refinery in Khuzestan Province, southwestern Iran, concurrent with the anniversary of nationalization of oil industry.
Iran’s minister of petroleum, in a statement, on Sunday put great emphasis on bringing stability to the international energy and oil market.
Javad Owji…
President Ebrahim Raeisi and Minister of Petroleum Javad Owji oversaw inauguration of oil projects worth $3.4 billion in Assaluyeh. Chief among them were the refinery of Phase…
The value chain development unit of Persian Gulf Bidboland Gas Refining Company became operational.
Enjoying the international quality standard, the unit came on…
Iraq imported some $1.97 billion worth of natural gas from Iran last year despite continued American pressure on the country to reduce its reliance on Iranian energy.
Figures related to extraction of gas from reservoirs show a new record, with Iran’s gas production capacity expected to grow by 50% by 2029.