Iran's oil and petroleum products pipeline network is set to surpass 15,000 kilometers after major transmission projects are completed and commissioned.
IRAN Feed Atom
The deputy speaker of Iran’s Parliament praised the operational teams at the Abadan Oil Refinery for containing the fire at Unit 70 of the facility.
Bilateral trade between Iran and Armenia has reached nearly $1.0 billion, reflecting deepening economic ties between the two neighbors, according to Iran’s ambassador to Yerevan.
Iran’s Renewable Energy and Energy Efficiency Organization (SATBA) has reported significant progress in the construction of 1,000 local solar power plants, each with a capacity of 3.0 megawatts, as part of a nationwide effort to expand clean energy infrastructure and enhance grid efficiency.
The head of the Iranian Parliament’s Environmental Caucus cited old vehicles as a key factor in the country’s fuel imbalance and said the caucus is reviewing the process of scrapping outdated cars and motorcycles under the Seventh Development Plan (2024-28).
manager of Refinery 10 at the South Pars Gas Complex announced that major maintenance operations have begun on July 16 and will continue until July 30.
Iran has increased crude oil production by 38,000 barrels per day (bpd) at its South Azadegan oilfield over the past 10 months, following the successful drilling and completion of 17 wells, the head of Petropars, the company developing the field, said.
Iran’s petrochemical industry remains committed to achieving its development goals for the current year, despite disruptions caused by a 12-day conflict triggered by Israeli airstrikes, a senior official said.
initial economic growth figures released on Wednesday showed that Iran’s gross domestic product (GDP) had increased to 78,443.8 trillion rials (over $301 billion) in the year to March 20.
The price of Iran’s heavy crude oil climbed by $5.88, or 9.2 percent, in June compared to May, reaching $69.13 per barrel, according to OPEC’s latest monthly report.
The planning and development director of the National Petrochemical Company (NPC) said the petrochemical sector remains firmly committed to its pre-approved goals and is seriously pursuing the implementation of its programs.
Iran’s oil minister said Wednesday the country’s crude production and exports are ongoing and stable, though he declined to provide specific figures.
Iran's exports to African countries increased by 85% in Q1 2021, while its trade surplus with the continent surged by 113 percent, according to a senior official at the Trade Promotion Organization.
Iran's Supreme Economic Coordination Council emphasized preparedness and dignified living conditions amid war efforts. They approved major investments, including a National Development Fund plan to boost crude oil production and construct solar power plants.
The deputy CEO of the National Iranian Drilling Company reported a 78% drilling fleet productivity and a 9.1% reduction in standby time in Q1 due to domestic capabilities and centralized management.
Solar power plants with the capacity of 11.5 megawatts (MW) were put into operation in Khorasan Razavi province, in the northeast of Iran, on Monday morning.
Iran consumed more than 4.2 billion cubic meters (bcm) of natural gas across three major sectors—power plants, large industries, and residential, commercial, and small industries—during the week ending July 11.
The National Iranian Drilling Company (NIDC) has developed a comprehensive annual plan to overhaul and modernize seven drilling rigs as part of a broader strategy to enhance technical and specialized services across the country’s onshore oil and gas fields, a senior official said.
Iran's Supreme Economic Coordination Council, led by President Masoud Pezeshkian, has approved new financial incentives to encourage private sector involvement in renewable energy development, specifically solar panel purchases and installation.
The managing director of the National Iranian Drilling Company (NIDC) referred to the company's move towards domestic production of the equipment, and said: "One of the strategic priorities of the National Iranian Drilling Company is to increase the share of domestic manufacturing.”