Seven processing units of Abadan Refinery, southern Iran, will be put into operation by the end of winter 2024, the National Iranian Oil Engineering and Construction Company (NIOEC) managing director said on Monday.
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Iran’s view on the Arash joint gas field has been already expressed, said Foreign Ministry spokesman Nasser Kanaani on Monday.
UK banks have provided bank accounts to holding companies linked to a state-backed Iranian petrochemicals company which has been under western sanctions since 2018, according to claims and reports.
Iranian Oil Minister Javad Owji held talks with Venezuela’s high-ranking officials on bilateral relations and ongoing projects in Caracas.
Iranian Energy Minister Ali-Akbar Mehrabian said Iranian contractors are currently implementing water and electricity projects in 50 different countries across the globe, IRNA reported.
The loading and unloading of oil products in the ports of Iran increased by four percent in the first ten months of the present Iranian calendar year, as compared to the same period in the past year, the country’s Ports and Maritime Organization (PMO) announced.
Iran asserts that the U.S. threat to re-impose sanctions on Venezuela’s oil industry is illegal under international law and the UN Charter.
Iran might be a superpower when it comes to the oil and fossil fuel industry but in terms of hydrogen fuel and other cleaner sources of energy, the country is struggling.
The U.S. Department of Justice (DOJ) on Friday announced terrorism and sanctions-evasion charges and seizures linked to a billion-dollar oil trafficking network that it claims finances Iran’s elite Islamic Revolutionary Guard Corps (IRGC).
A specialized working group was formed by the order of Oil Minister Javad Owji to redress energy imbalance.
The head of Iran’s National Petrochemical Company (NPC) has said 95 percent of the catalysts used in the country’s oil industry are produced by domestic companies, Mehr News Agency reported.
Iran’s President Seyyed Ebrahim Raeisi said on Thursday the completion of downstream industry and value chain enhances raw materials with added value.
Iranian Foreign Ministry spokesman Nasser Kanaani on Wednesday reacted to the joint statement of Saudi Arabia and Kuwait on the joint Arash gas field following a visit by the Kuwaiti emir to Riyadh.
Iranian Oil Minister Javad Owji departed for the Venezuelan capital Caracas on Wednesday.
Iran’s President Seyyed Ebrahim Raeisi on Wednesday assigned the oil and energy minister to form specialized working groups to redress energy imbalance.
The National Productivity Organization of Iran head said the country looks to the oil industry – the industry of work and efforts – for economic growth.
A member of Iran’s Parliament on Wednesday described the Oil Ministry’s performance in the energy diplomacy as “successful” and “transformational”.
Iran’s oil minister said contracts for implementing eight projects worth $14 billion in joint oil and gas fields will be signed during the Ten-Day Dawn (February 1-11, marking the 45th anniversary of the victory of the Islamic Revolution).
Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei said on Tuesday the upstream sectors of industries such as oil, gas, and steel, and professions like handicrafts provide plenty of opportunity for the participation of the private sector.
Iran’s Vice President for Science, Technology and Knowledge-Based Economy Rouhollah Dehqani Firouzabadi on Monday said a 500-million-euro contract has been signed with the National Iranian Gas Company (NIGC).