IRAN Feed Atom

Iran–EU trade reaches €3.1b in 10 months

8 months ago

28 December 2025

3:06 AM

Trade between Iran and the 27-member European Union reached €3.102 billion in the first 10 months of 2025, according to the latest data released by Eurostat, underscoring the resilience of limited commercial ties despite longstanding sanctions and political tensions.

Oil sale proceeds deposits overseen by CBI, minister says

8 months ago

28 December 2025

3:02 AM

Oil minister said the mechanism for depositing proceeds from oil sales is overseen, monitored and controlled by the Central Bank of Iran, stressing that the Oil Ministry has no role in banking operations related to those funds.

Pezeshkian: Controlling gas flaring is a priority

8 months ago

28 December 2025

3:00 AM

Iran’s President Masoud Pezeshkian said that controlling gas flaring is a priority.

Germany exports goods worth $1.1b to Iran in 8 months

8 months ago

27 December 2025

3:54 AM

Germany exported non-oil products worth $1.184 billion to Iran during the first eight months of the current Iranian calendar year (March 21-Novemebr 21), the Islamic Republic of Iran Customs Administration (IRICA) announced.

Iran aims to become regional energy trading hub

8 months ago

27 December 2025

3:51 AM

Iran will become a regional hub for energy trading by expanding its energy commerce, the country’s first vice president said.

South Azadegan production capacity hits 160,000 barrels a day

8 months ago

26 December 2025

12:03 PM

The chief executive of Petropars Group said the operational capacity of the South Azadegan joint oil field has increased to 160,000 barrels per day, citing the start-up of the second train of the central processing facility and the gradual return of wells to production.

Oil sales volume remains strong, minister says

8 months ago

26 December 2025

11:58 AM

Iran’s oil sales volume remains strong and continues at previous levels, Oil Minister Mohsen Paknejad said on Thursday.

HSE decisions must be made in an integrated manner

8 months ago

25 December 2025

6:52 AM

The CEO of the National Petrochemical Industries Company (NPC) described health, safety and environment (HSE) as an organizational value and said decisions in this area must be made in an integrated manner and aligned with national interests.

Paknejad says oil sale discounts have declined

8 months ago

25 December 2025

6:48 AM

Iran’s oil minister said discounts offered on Iranian crude sales have steadily declined over the past year, while early data from a new gasoline policy show lower fuel consumption, though he cautioned against drawing short-term conclusions.

Iran boosts renewable power capacity by 157% in 18 months

8 months ago

24 December 2025

2:10 AM

Iran has increased its installed renewable and clean power generation capacity by 157 percent over the past year and a half, reflecting a steady expansion of wind and solar projects and a rising share of clean energy in the national grid.

Ilam Gas Refinery moves toward zero flaring

8 months ago

24 December 2025

2:09 AM

The CEO of Ilam Gas Refining Company said extensive measures are underway to reduce gas flaring and protect the environment, noting that flaring at the complex has been cut by about 50% and is moving toward complete elimination.

Household, commercial gas use tops 655 mcm on Monday

8 months ago

24 December 2025

2:08 AM

Natural gas consumption in the household, commercial and small industrial sectors climbed above 655 million cubic meters on Monday as cold weather persisted across the country, according to data from the National Iranian Gas Company.

Over $24b to be invested in Iran’s petrochemical sector

8 months ago

23 December 2025

4:14 AM

Iran’s petrochemical industry has invested more than $95 billion to date in the sector, with a further $24 billion in new investment planned under the country’s seventh National Development Plan, the head of the National Petrochemical Company (NPC) said on Sunday.

PDA rolled out for oil industry

8 months ago

23 December 2025

4:11 AM

Iran’s oil minister issued a standardized Innovative Product Development Agreement, known as the PDA, to support the use of advanced products and expand domestic manufacturing by new technology-based firms (NTBFs) across the oil industry.

Iran, Vietnam explore joint investment, financial cooperation

8 months ago

22 December 2025

1:12 PM

Iranian and Vietnamese officials and private-sector representatives discussed ways to expand joint investment and financial cooperation, with a focus on building long-term economic ties and using Vietnam as a gateway to Southeast Asia.

Arvandan oil output rises with start-up of Darkhovin Well 35

8 months ago

22 December 2025

12:56 PM

The managing director of Arvandan Oil & Gas Company said production has increased following the start-up and flow of Well 35 at the Darkhovin oil field after years of inactivity, adding 4,000 barrels per day to the company’s oil output.

Oil Ministry pledges commitment to Seventh Development Plan

8 months ago

21 December 2025

5:25 AM

Iran’s oil minister said the Ministry of Petroleum will remain committed to meeting its targets through the end of the 14th administration and stressed the need to accelerate implementation of Clause (B) of Article 15 of the Seventh Five-Year Development Plan.

Sustained, uninterrupted gas production at South Pars refineries

8 months ago

20 December 2025

7:07 AM

The CEO of the South Pars Gas Complex said all 13 refineries at South Pars are on full alert and gas production is continuing steadily and without interruption, driven by the round-the-clock efforts of the complex’s skilled and committed workforce.

Tehran, Minsk explore co-op opportunities in oil, petchem sectors

8 months ago

19 December 2025

8:23 AM

Iran and Belarus held the third virtual meeting of their joint oil industry working group to review progress and explore new opportunities for cooperation, focusing on implementing the bilateral oil memorandum of understanding between Iran’s Oil Ministry and Belarus’ Belneftekhim petrochemical association.

Household gas consumption forecast to reach 650 mcm per day

8 months ago

19 December 2025

8:12 AM

Iran’s National Iranian Gas Company expects household, commercial and small industrial gas consumption to reach about 650 million cubic meters by the end of the week, an official said Thursday, citing colder-than-average weather.

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Latest News of Oil, Gas and Petrochemical industry

IRAN Feed Atom

Iran–EU trade reaches €3.1b in 10 months

Oil sale proceeds deposits overseen by CBI, minister says

Pezeshkian: Controlling gas flaring is a priority

Germany exports goods worth $1.1b to Iran in 8 months

Iran aims to become regional energy trading hub

South Azadegan production capacity hits 160,000 barrels a day

Oil sales volume remains strong, minister says

HSE decisions must be made in an integrated manner

Paknejad says oil sale discounts have declined

Iran boosts renewable power capacity by 157% in 18 months

Ilam Gas Refinery moves toward zero flaring

Household, commercial gas use tops 655 mcm on Monday

Over $24b to be invested in Iran’s petrochemical sector

PDA rolled out for oil industry

Iran, Vietnam explore joint investment, financial cooperation

Arvandan oil output rises with start-up of Darkhovin Well 35

Oil Ministry pledges commitment to Seventh Development Plan

Sustained, uninterrupted gas production at South Pars refineries

Tehran, Minsk explore co-op opportunities in oil, petchem sectors

Household gas consumption forecast to reach 650 mcm per day