Iran's gross domestic product (GDP) including oil grew 3.2 percent in the first quarter of the current Iranian calendar year (March 20-June 21), compared to the first quarter of last year, according to the Central Bank of Iran (CB).
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Iranian president Masoud Pezeshkian says that deepening relations between Tehran and Moscow will blunt the biting effect of cruel sanctions against Iran and Russia.
Iranian Energy Minister Abbas Aliabadi has urged the country’s power plants to speed up overhaul operations and fuel storage to be prepared for the next peak consumption period, IRNA reported.
Iranian President Masoud Pezeshkian pledges to restore trust in society amid ongoing imbalances in electricity, natural gas, and gasoline, addressing the pressing issue of societal instability.
Iran’s Economic Council, in coordination with the Planning and Budget Organization (BPO), has notified the Oil Ministry to start implementing a plan to boost oil production in 34 oil fields.
Iranian Minister of Petroleum Mohsen Paknejad has appointed Majid Boujarzadeh as the director of the Public Relations Department of the Petroleum Ministry.
The value of non-oil trade between Iran and Tukey stood at $6.01 billion in the first five months of the current Iranian calendar year (March 20-August 21), the Islamic Republic of Iran Customs Administration reported.
The renewables Association of the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is going to hold the 6th edition of the National Renewable Energies Conference in early October, Mehr News Agency reported.
Gholamhossein Ramezanpour has been appointed as the new head of the Persian Gulf Star Oil Company with the approval of the company’s Board of Directors.
The Islamic Republic of Iran has outpaced Qatar in gas extraction from South Pars field which is shared between the two countries in the Persian Gulf, an official with the Pars Oil and Gas Company said.
Iranian renewable power plants generated 264 million kilowatt-hours (Kwh) of electricity in the previous Iranian calendar month of Mordad (July 22-August 22), registering a 23-percent growth compared to the same month in the previous year.
The Organization of Petroleum Exporting Countries (OPEC) in its latest report has said Iran produced 3.277 million barrels per day (bpd) of crude oil in August, registering a 4,000-bpd increase compared to the previous month.
The spokesperson for Trade Promotion Commission of Iran’s House of Industry, Mine and Trade said that Iran’s export of goods to Iraq has reached from $145 million in 20024 to $10.238 billion in 2022, showing a 71-fold growth.
The chief executive of the Iranian National Petrochemical Company said that more than 80 million tons of petrochemical products will be produced in the country by the end of the current Iranian calendar year.
The Masoud Pezeshkian administration's plan to increase gas prices divides Iranians, with some arguing it's necessary due to high consumption and smuggling.
A senior commander of the Islamic Revolution Guards Corps (IRGC) says that Iran will never forfeit its rights to a disputed gas field located in waters between the country and Kuwait.
Iranian Oil Minister Mohsen Paknejad has said the country can be a suitable gateway and crossroad for energy trade and transit in the region, given its geopolitical position.
Given its geopolitical position, Iran can be a suitable gateway and crossroad for energy trade and transit in the region.
Iranian Minister of Petroleum Mohsen Paknejad says that what keeps the oil industry stable is not oil and gas reserves, but its expert human resources.
Tehran Chamber of Commerce and Turkish Exporters Union discussed improving trade relations between private sectors during a meeting between TCCIMA and TiM directors.
