The U.S. said on Tuesday it does not support a Pakistan-Iran gas pipeline project from going forward and cautioned about the risk of sanctions in doing business with Tehran.
IRAN Feed Atom
The National Iranian Oil Refining and Distribution Company (NIORDC) managing director said two refining projects will be inaugurated by mid-June.
Iran’s oil production increased by 50,000 barrels per day (bpd) in the first two months of 2024 to hit 3.2 million bpd, according to a recent report by the International Energy Agency (IEA).
The newly elected government has decided to seek exemption from potential US sanctions against Pakistani entities to be involved in the construction of Pak-Iran gas pipeline.
A member of the Iranian Parliament’s Energy Committee said the development of the oil and gas industry was the main factor in domestic economic growth in the previous Iranian calendar year of 1402 (March 21, 2023-March 19, 2024).
Iran’s Oil Minister Javad Owji put great emphasis on making use of people’s capacities.
A bright future is awaiting Iran’s oil industry, said the Parliament’s Energy Committee vice-chairman on Sunday.
Iran and China have agreed on boosting cooperation in areas related to the environment through forming a joint working group.
The Oil Ministry led other ministries in terms of applying the expertise of knowledge-based companies in the Iranian calendar year of 1402, which ended on March 19, said a member of the Parliament on Saturday.
The oil sector’s economic growth in the previous Iranian calendar year (ending March 19) shows that the sanctions imposed on the industry have failed, said a member of the Parliament.
Swap of Iraqi refined products for Iranian gas could help settle an $11 billion debt but also risks friction with U.S. over sanctions.
Russian President Vladimir Putin said the successful holding of the 17th Joint Economic Commission between the Islamic Republic of Iran and the Russian Federation in Tehran and the 77% growth in goods trade are positive signs of the promotion of bilateral cooperation.
The US Assistant Secretary of State for South and Central Asian Affairs has expressed his country’s opposition to the further advancement of a gas pipeline project between Iran and Pakistan, claiming Washington is in contact with Islamabad on the matter.
Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei on Wednesday urged mobilization of all resources and collective efforts by the entire nation to bolster economic growth.
Ayatollah Seyyed Ali Khamenei congratulated Iranians on Nowruz, naming the year 1403 as "Surge in Production through People's Participation."
Iran’s Oil Minister Javad Owji and Russian Deputy Prime Minister Alexander Novak hold phone talks on bilateral cooperation and oil market on Monday.
Iran’s government spokesman posted on X, formerly known as Twitter, that the contracts signed for the development of six oil fields will create job opportunities for 60,000 people.
Iran exported oil without a pause during the current Iranian calendar year (to end on March 19), said Oil Minister Javad Owji on Sunday.
The National Iranian Oil Company (NIOC) signed a contract with two domestic companies on Sunday for development of Soumar, Saman, and Delavaran oil fields.
The Iran-India Joint Chamber of Commerce is going to hold its annual general assembly in Tehran on April 15, the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) reported.