The Head of the Islamic Republic of Iran Customs Administration (IRICA) Mohammad Rezvanifar has announced that petrochemical products increased by 12.8% during the five months of the current Iranian calendar year (Mar...
Iran has signed a major gas swap deal with Tukmenistan under which Iran will supply up to 10 billion cubic meters (bcm) of natural gas to Baghdad, Iraq in return for receiving the same volumes from Ashgabat, Tukmenist...
Iran has become the fourth largest oil exporter, accounting for 9% of OPEC’s total crude oil and gas condensate exports, according to IRNA news agency. Iran exported 1.56 million barrels of oil per day (mmbbl/d)...
Iran has signed 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. The MoU was signed during ...
Iran has inaugurated 17 major oil, refining, and petrochemical projects across seven provinces, aimed to boost the country’s energy infrastructure. The projects, valued over 180 trillion Iranian rials, include the con...
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. The contract was signe...
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, Shana news agency repo...
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. According to Shana, the MoU was signed between ...
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. This came during his talking to the reporters on t...
The International Energy Agency (IEA) announced that Iran has recorded oil production 2.87 million barrels per day (mmbl/d) in May 2023, IRNA reported. According to IEA’s report, Iran’s crude oil production inc...