Iran has continued its push toward retaining the oil market share as the country added more barrels to its daily production in January compared to the previous month, data published by OPEC showed. Iran’s crude oil output averaged 2.08 million barrels per day last month, an increase of 62,000 bpd …
Read More »Iran’s Gas Refining Capacity up 28-Fold in 24 Years
Iran’s daily gas refining capacity stood at 36 million cubic meters before the victory of the Islamic Revolution, which experienced a 28-fold increase within 42 years. As the Iranian Oil Minister Bijan Namdar Zangeneh mentioned, the gas industry developed after the victory of the Islamic Revolution; so, the daily gas …
Read More »Iran Top Petrochemical Power in Region
Iranian Oil Minister Bijan Zangeneh underlined that the country’s petrochemical industry is among the most powerful ones in terms of technology, equipment and production rate. “We are one of the top petrochemical countries in region in terms of technology and the ability to build much-needed equipment, as well as the …
Read More »Iran Investigating Case of Seized Tanker
Iran’s Minister of Oil Bijan Zangeneh said that Iran is pursuing the case of an Iranian oil tanker seized in the Indonesian waters. Iran’s Foreign Ministry spokesman Saeed Khatibzadeh said in his weekly press conference earlier today that Iran is awaiting further details about the seized oil tanker, Trend reports …
Read More »Trump Failed to Decrease Iranian Oil Export to Zero
Bijan Namdar Zanganeh, Iran’s oil minister, said on Friday that the Islamic Republic did not allow the Trump administration to decrease Iranian oil export to zero. In separate remarks on Thursday, Zanganeh also said, “Trump thought we die due to the sanctions, but we did not, they are knocked down.” …
Read More »Iran has |Increased Oil Export
Iranian Petroleum Minister Bijan Namdar Zanganeh underlined on Friday that the volume of Iran’s oil export has witnessed a sharp increase in recent days. The minister told reporters on the sideline of the 25th Oil, Gas, Refining and Petrochemical Exhibition that the US-imposed sanctions regime against Iran’s oil industry failed …
Read More »25th Iran Oil Show Opens in Tehran
The 25th Iran Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show) opened at Tehran Permanent International Fairgrounds on Friday and will go through Monday January 25. The four-day exhibition was inaugurated by Oil Minister Bijan Namdar Zanganeh in a ceremony attended by private sector industrialists, representatives of the parliament …
Read More »Iran Petchem Revenues to Reach $25b in 2021
Iranian oil minister announced on Thurs. that the country’s petrochemical income is expected to reach $25 billion at the end of the next Iranian calendar year (March 20, 2022), Trend reports citing Mehr. According to Bijan Namdar Zanganeh, Iran could earn $11 billion of revenues in the first boom of …
Read More »Iran, Azerbaijan Discuss Oil Market Developments
Iranian Oil Minister Bijan Namdar Zanganeh met Azerbaijan’s Energy Minister Parviz Shahbazov in Tehran on Tuesday night to discuss the recent developments in the region and the global oil market, Shana reported. Speaking in the meeting, Zanganeh underlined Azerbaijan’s positive role as one of the members of the alliance between …
Read More »Iran Oil Minister Leaves Russia after Intensive Talks on Oil Market
Iranian Minister of Peroleum Bijan Namdar Zangeneh left Russian capital late on Monday after holding intensive talks on the situation of global oil market. In Moscow, Zangeneh held talks with Russian Minister of Energy Nikolai Shulginov, Deputy Prime Minister Alexander Novak and other oil officials in the host country. At …
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