Iran's economy experienced a 4% growth in the first half of 2024, with a 2.6% growth excluding the oil sector, according to the Iranian Statistical Center.
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The CEO of the National Petrochemical Company (NPC), Hassan Abbaszadeh, outlined the petrochemical industry's performance during the first 100 days of the 14th government's activities.
Iranian President Masoud Pezeshkian congratulated Parliament members on Majlis Day, promising to overcome challenges through empathy, companionship, and exchange of views.
Iran prioritizes expanding cooperation with regional powers and international organizations such as the Shanghai Cooperation Organization (SCO) and BRICS, according to Kazem Jalali, Iran’s Ambassador to Russia.
The acting head of technical inspection at Arvandan Oil and Gas Company has announced a significant increase in production capacity at the South Azadegan oil field.
The CEO of the National Iranian Oil Company (NIOC) boasted of the 14th administration's oil industry achievements over the first 100 days in office, especially setting a new record concerning daily natural gas production.
Ebrahim Piramoun, the Managing Director of NISOC, has announced the completion of three major gas recovery projects by late March 2025.
Iranian Minister of Petroleum Mohsen Paknejad says imposing restrictions on gas delivery to the household sector is a red line.
The capacity of Iran's renewable power plants has reached 1,317 megawatts (MW), based on the latest data released by Iran's Renewable Energy and Energy Efficiency Organization (SATBA).
The 14th administration aims to boost Iran's oil industry, with Minister of Petroleum Mohsen Paknejad aiming to increase daily oil production by 400,000 barrels until March 2025.
Islamic Republic of Iran Customs Administration (IRICA) says the country's non-oil exports rose by 18% year on year in eight months of the current Iranian calendar year (started March 21, 2024).
Iran Petroleum's report examines the performance and future of the petrochemical sector, highlighting its significant role in job creation, economic growth, and foreign currency revenues.
The Iranian oil minister boasted about his ministry’s success in increasing the production of unprocessed natural gas after identifying the bottlenecks.
Iran's average daily gasoline consumption has increased by 7% from March 20 to November 27, according to the head of the National Iranian Oil Refining and Distribution Company.
The speaker of the Iranian parliament Mohammad Bagher Qalibaf has said that 25 to 30 million liters of oil products are smuggled out of the country daily, which is undoubtedly organized.
Iran's Finance and Economic Affairs Minister Abdolnasser Hemmati met with OPEC Fund President Abdulhamid Alkhalifa at the 28th WAIPA World Investment Conference, confirming the Fund's readiness to offer services to Iranian companies.
Iran aims to increase annual trade with Qatar to one billion dollars, hoping for increased economic cooperation during the Joint Economic Committee meeting between the two nations.
With the coming to power of a new president in the United States, measures have been taken to ensure that Iran's oil exports continue without or with minimal challenges.
Iran’s capital Tehran is going to host the next meeting of the Iran-Turkey Joint Economic Committee on December 9, an official with the Iranian Foreign Ministry said.
The head of Iran’s Trade Promotion Organization (TPO) has stressed the need for finding new and innovative ways to increase the share of the Islamic Republic in the African markets, IRNA reported.