Iranian Energy Ministry's spokesman for the electricity sector Mostafa Rajabi Mashhadi has said three new power plant units are going to go on stream by the end of the current Iranian calendar year’s summer.
IRAN Feed Atom
Minister of Petroleum Javad Owji provided more details about the gas pipeline which is planned to be constructed to import gas from Russia.
The United States has granted Iraq another four-month sanctions waiver to purchase Iranian electricityو a State Department spokesperson has said to local American media.
The latest figures by the Statistical Center of Iran (SCI) puts the country’s jobless rate at 7.7 percent in the first three months of the current calendar year to late June.
Petroleum Minister Javad Owji views signing the Russian Gas Transfer to Iran Document as a significant step in the 13th administration's energy diplomacy, potentially fostering economic growth and ensuring Iran's energy security.
Specialists of an Iranian knowledge-based company succeeded in reverse engineering and indigenization of the sensors for level gauges, one of the key equipment needed in the oil and gas industry.
Iran's oil production will reach four million barrels per day (bpd) by the end of current Iranian year calendar (March 20, 2025), according to Iranian Oil Minister Javad Owji.
The capacity of Iran's renewable power plants has reached 1,199.71 megawatts (MW), based on the latest data released by Iran's Renewable Energy and Energy Efficiency Organization (SATBA).
Iranian Minister of Petroleum Javad Owji met with President-elect Masoud Pezeshkian and wished him success.
A senior Iranian lawmaker has said the Islamic Republic is prepared to supply BRICS member states with oil and gas to meet their growing energy demands.
Jalil Salari, managing director of NIORDC, reports an increase in fuel consumption from 32 billion liters three years ago to 46 billion liters this year, necessitating the need for smart fuel system updates.
Iran and Australia emphasized on the expansion of cooperation between the two countries in non-sanctions fields during a meeting held at the place of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA).
The World Bank (WB), in its latest report, predicted that Iran’s economy will grow 3.2 percent in 2024 and the inflation rate will decrease to 35.3 percent.
Quoting the OPEC data, MNA announced that “Iran’s crude oil price rose by $4.76 per barrel from January to June 2024 compared to last year’s corresponding period.”
Iranian Oil Minister Javad Oji says the country’s oil production has increased from 2.2 million barrels per day (bpd) in 2021, when the current government took office, to 3.6 million bpd in the current year, IRIB reported.
Pars Oil and Gas Company (POGC) has started a project to spud 35 new wells in the South Pars gas field to enhance and maintain gas production in the massive joint field.
A Chevron-chartered oil tanker that was seized by Iran more than a year ago was heading for international waters on Thursday, LSEG ship tracking data showed.
Russian President Vladimir Putin has told Iran’s Parliament Speaker Mohammad Baqer Qalibaf that cooperation between the two countries will continue to grow.
The oil industry is predicted to grow 8 percent over the five-year development plan to March 2028 amid rising oil production to 5.5 million barrels daily.
The Iranian Minister of Petroleum says every 100 100,000 barrels of oil production per day generates 2.8 billion dollars of revenues annually, so the more the country's oil production and refining capacity increases, the more the country's economic power and foreign exchange resources increase.