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.
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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.
Head of the National Iranian Gas Company Dispatching Department Saeed Aghili has said gas supply to the country’s power plants increased by 11 percent in the previous Iranian calendar year compared to the year before.
The head of the National Petrochemical Company (NPC) Morteza Shahmirzaei says that over 97 petrochemical facilities are operating across Iran.
Following the martyrdom of the Islamic Republic of Iran’s president and his companions on Sunday, May 19, Minister of Petroleum, Javad Owji, issued a statement, offering his condolences on the sad occasion.
Iranian President Ebrahim Raeisi and the country's Foreign Minister Hossein Amir-Abdollahian were martyred in the helicopter crash that occurred on Sunday.
Since the 13th administration took office in August 2021, approximately 25 million cubic meters of associated gases have been collected, and the figure will reach 40 million cubic meters per day at the end of the current Iranian calendar year 1403.
Iran’s oil production rose by 50 thousand barrels a day reaching 3.3 million barrels per day in April, the International Energy Agency (IEA) announced in its latest monthly report.
The Petroleum Ministry has spent 5 billion dollars so far to stop burning associated gases, a move that I would like to appreciate, hoping the initiative to be continued especially in the West Karoon region.
The NIGC’s director for energy and carbon, Sajed Kashefi, says that trading of the natural gas saving certificates will be started in Iran’s Energy Exchange (IRENEX) in near future.
By relying on domestic capabilities, the National Iranian South Oil Company (NISOC) has succeeded in boosting oil production by 60 percent over the last two years.