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…
IRAN Feed Atom
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.
The head of Iran’s Institute for International Energy Studies (IIES) put great emphasis on contribution of recent political and security agreement between Tehran and Riyadh to economic…
Based on the latest data released by International Fertilizer Association (IFA), Iran has exported $1.8 billion worth of chemical fertilizers in the 2021-2022 crop year to become…
The head of the National Iranian Drilling Company (NIDC) has declared the company’s infrastructure improvement in line with the programs of the Oil Ministry as the most…
Average daily gasoline consumption in Iran has reached 105 million liters in the current Iranian calendar year (ends on March 20) which is 20 percent more than…
The 30th edition of the Health, Medical and Medical Equipment Fair (Expomed Eurasia) and 16th Oil & Gas Trade Show that kicked off in the Turkish city…
Former OPEC affairs head of the the Iranian Ministry of Petroleum here on Saturday said Tehran and Riyadh are expected to seize the opportunity created after their…
Western sanctions on Russian and Iranian oil have channelled cheap fuel to Asia and in the process eroded a decades-long trend whereby the continent has paid more…
Iran is now among the exporters of petrochemical technologies, said the managing director of the country’s National Petrochemical Company (NPC).
Emphasizing that Iran has…
A senior expert in energy economics described the March 12 agreement between Iran and Saudi Arabia as the most important event…
Iran’s crude oil production increased 17,000 barrels per day (bpd) in February to reach 2.554 million bpd, according to OPEC’s latest monthly report.
As…
Cumulative natural gas production from Iran’s South Pars gas field has reached 241 billion cubic meters (bcm) in the current Iranian calendar year (ends on March 20),…
A petro-refinery in Abadan, southwestern Iran, having a production capacity of 210,000 barrels per day (bpd) will become operational within days, said Oil Minister Javad Owji here…
The second stage of reviving Iran’s low-yield wells got the go-ahead, as the Petroleum Industry Innotech Park head representing the National Iranian Oil Company and the representative…
The latest report of the Central Bank of Iran (CBI) showed that the country’s oil and sector witnessed the highest economic growth in autumn and the first…
Iran’s former OPEC governor is convinced that Iran-Saudi rapprochement will be to the advantage of crude oil importers and exporters of the Middle East and could stabilize…
The managing director of Iran Energy Exchange (IRENEX) here on Monday announced that the first-day transactions of certificates of deposit (CDs) of crude oil and gas condensates…