Iran | Egypt Oil & Gas

Iran, Russia Sign MoU for Gas Supply Cooperation

Iran signed on Wednesday a memorandum of understanding (MoU) with Russia for the transfer of Russian gas to Iran, with the aim of strengthening and developing the countries cooperation in this field.

Iran Inaugurates Over 180 Trillion Rials Projects to Boost Energy Sector

Iran has inaugurated 17 major oil, refining, and petrochemical projects across seven provinces, aimed to boost the country’s energy infrastructure.

Iran to Invest $20B in Natural Gas Project

Iran has announced that it has awarded contract to local companies to increase the pressure in the South Pars/North Dome Gas-Condensate field with costs of $20 billion, according to IRNA agency.

Iran Establishes Petroleum Projects Worth $50B

The Deputy Chief for Development and Engineering Affairs at the National Iranian Oil Company (NIOC), Reza Dehqan said that the country is progressing oil and gas projects worth some $50 billion.

Iran, China Sign MoU in Petrochemicals

Iran announced that it has signed a memorandum of understanding (MoU) with China to provide technical know-how and implement a project of Fanavaran Petro Olefin Company.

Iranian Oil Production Increases to 3.3 mmbbl/d: Owji

Iran's Oil Minister Javad Owji has stated that the country's oil production has increased recording 3.3 million barrels per day (mmbbl/d), Shana reported.

Iran’s Oil Production Reached 2.87 mmbbl/d in May 2023

The International Energy Agency (IEA) has announced that Iran has recorded oil production reached 2.87 million barrels per day (mmbl/d) in May 2023.

Iran’s Natural Gas Exports Rose to 18.9 bcm in 2022

According to data released by the Energy Institute (EI), Iran's natural gas exports has reached 18.9 billion cubic meters (bcm) in 2022, increasing by 9% compared to 17.3 bcm in 2021, IRNA reported.

Iran’s South Pars Refinery to Come Online Soon

Iran’s South Pars Refinery should come online soon, said Mohsen Khojastehmehr in a televised interview, who added that the country's gas output capacity is anticipated to expand by 500 million cubic meters per day ...

Iran Announces It is Capable of Ramping Up Oil Production to 7.4 mmbbl/d

Iran has the capacity to produce 7.4 million barrels of crude oil per day, according to the head of the office of the Supreme Leader's economic division.

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