A New Refinery to Open in Upcoming Days
Oil Minister reports about opening a new refinery in the coming days, which is capable of producing 21,000 barrels of petro-products per day.
Iran Oil Exports to Increase in Coming Months
Oil Minister Javad Owji says crude oil exports from the country will further increase in the upcoming months despite the growing pressure of the U.S. sanctions on the Iranian energy sector.
Iran Exporting Gasoline, Gas Oil to Africa, Eastern Europe
A member of Iranian Oil, Gas and Petrochemical Products Exporters' Union (OPEX) says Iran is currently exporting gasoline to West Africa and Eastern Europe and there is a huge potential in this field which should be noticed.
Germany’s Sanctions to Affect Iran Oil Equipment
Deputy Head of Commission for Facilitating Trade and Promoting Export of Tehran Chamber of Commerce, Industry, Mine and Agriculture Mr. Mehrad Ebad believes the new sanctions of Germany will affect Iran’s oil equipment and the country may face problem.
Iran’s Q3 average oil output rises 11,000 bpd: OPEC
Iran’s average oil production in the third quarter of 2022 stood at 2.566 million barrels per day (bpd), 11,000 bpd more than the figure for the second quarter of the year, according to OPEC’s latest monthly report published on Wednesday.
Iran, China Reach Good Agreement on Joint Oil, Gas Fields
Referring to the Chinese Deputy Prime Minister's visit to Tehran, the Iranian Oil Minister announced that good agreements were agreed upon with the Chinese side regarding the development of oil and gas fields.
Iran Discovers New Oil reserves in Hydrocarbon-Rich Southwest
Iran has discovered new oil reserves in the country’s southwest, the details of which will be announced by Minister of Petroleum Javad Owji in the near future, the National Iranian Oil Company (NIOC) says.
Iran in Oil Swap Deals With Russia, Kazakhstan
A top advisor to the Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei says Iran is in deals with Russia and Kazakhstan to swap crude oil produced by them with its own crude oil for the purpose of delivery to customers in the Persian Gulf.
Tehran to Boost Energy Ties With Friendly Nations
Oil Minister Javad Owji indicated that Tehran will boost energy relations with friendly nations, such as China and Russia, amid economic sanctions against the Middle Eastern country.
India’s Policy Is to Buy Cheap Oil
Former Iran’s Ambassador to India says that India is not ready to risk its economic interests for the sake of Iran or any country but in case sanctions against Iran are lifted, it will try to get closer to Iran and will resume its oil imports from Iran.