Iranian Minister of Petroleum, Javad Owji, says that 23 mega oil and gas projects, worth 4.6 billion dollars, are ready to come online.
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The commander of Khatam-al Anbiya Central Headquarters has stated that 40 percent of the Arash gas field belongs to the Islamic Republic of Iran.
One of the most pressing issues in Iran’s energy industry is the widespread flaring of associated natural gas in oil fields, a practice that amounts to burning valuable resources and contributing to environmental degradation.
The trade between Iran and the European Union (EU)’s member states reached €1.276 billion in the first three months of 2024, registering an eight percent growth year on year, according to the data released by the European Union's statistics office Eurostat.
The Minister of Economic Affairs and Finance, Ehsan Khandouzi, commended the management and staff of Bank Melli Iran (BMI) for their achievements in the Iranian calendar year 1402.
Iranian petroleum minister Jawad Owji cites late president Ibrahim Raisi's demands for increased oil production, exports, investment in oil projects, economic growth, and environmental considerations.
Managing director of the South Pars Gas Complex, Ahmad Bahoush, says a project is underway at the complex which upon its completion, the volume of gases being burnt by gas stacks will be reduced by 1.2 thousand million cubic meters annually.
Ever since the late Iranian President Ebrahiam Raisi took power in August 2021, the country’s oil exports have been on an upward trajectory.
During the 13th administration under the leadership of Ayatollah Raisi, Iran’s oil revenues rose about 15 billion dollars annually when compare with last years of the previous administration in office.
Iran has approved a plan to raise its oil output to four million barrels per day, the country's Tasnim news agency said on Sunday, without providing a time frame.
Ted Cruiz, a Texas senator, criticizes the Biden administration's foreign policy as a disaster due to its failure to curb Iran's oil exports and ineffective sanctions.
India has secured its first overseas port, Chabahar Port, through a 10-year strategic agreement with Iran, marking a significant milestone in maritime history and strengthening regional connectivity and trade.
The World Bank, in its latest report on the economic situation in Iran, has examined the performance of the administration of late President Ebrahim Raisi, indicating its successful track record in the economic sphere.
Iranian President Ibrahim Raisi's funeral ceremony in Mashhad was attended by Iranian Minister of Petroleum, 13th administration cabinet members, and millions of people.
The production line of oil control valve used in cars equipped with CVVT system was launched in an Iranian knowledge-based company in the presence of Vice-President for Science, Technology and Knowledge-Based Economy Rouhollah Dehqani Firouzabadi.
The director general of the Mediterranean and Eastern Europe Department of Iran’s Ministry of Foreign Affairs said the Iran-Turkey Joint Economic Cooperation Committee meeting will be held in the coming days to bolster bilateral ties in trade and economy.
During a talk show on IRIB channel 1 on Tuesday evening, Iranian Minister of Petroleum, Javad Owji, explained how the late president, Ayatollah Ibrahim Raisi, was serious about developing oil industry projects.
During a phone call with the Iranian Minister of Petroleum on Tuesday; Alexandre Novak, deputy Prime Minister of the Government of the Russian Federation expressed his condolences on the tragic loss of the Iranian president Ayatollah Ibrahim Raisi.
The National Iranian Oil Refining and Distribution Company (NIORDC) has launched a monitoring center to oversee all the processes pertaining to production, transfer and distribution of oil products.
General Secretary of the Gas Exporting Countries Forum (GECF), Mohamad Hamel, sent a message to the Iranian Minister of Petroleum, Javad Owji, expressing heartfelt condolences on the sad incident.