The head of the U.N.’s atomic watchdog plans to visit Iran before the end of next month amid questions about whether Iran will return to negotiations. International Atomic Energy Agency chief Rafael Grossi said Tuesday he intends to visit Tehran “soon” to discuss and hopefully resolve specific concerns about Iran’s …
Read More »Iran Appeals to Chinese Companies for Billions in Oil Investments
Iran’s oil minister has said that his country intends to raise $145 billion in domestic and foreign investments to improve its oil industry in the next 4-8 years, underlining the importance of cooperation with Chinese companies. Javad Owji in a meeting with the head of China Petroleum and Chemical Corporation …
Read More »Iran’s Petrochemical Fuel Sales Increase as Sanctions Hit Crude Exports
Iranian fuel and petrochemical exports have boomed in recent years despite stringent U.S. sanctions, leaving Iran well placed to expand sales swiftly in Asia and Europe if Washington lifts its curbs, trading sources and officials said. The United States imposed sanctions on Iran’s oil and gas industry in 2018 to …
Read More »Sanctions Deprived Iran of $100b in Oil Revenues
New Oil Minister Javad Owji says the “tyrannical” U.S. sanctions have deprived Iran of 1.8 billion barrels of oil exports and more than $100 billion of revenues. Addressing the first OPEC Plus meeting in Vienna since being named to the new post, Owji also touched on the US embargo against …
Read More »Iran New Oil Minister: Iran to Regain Its Influential Position in OPEC
New Oil Minister Javad Owji says the country would move to regain its position as an influential member of the Organization of Petroleum Exporting Countries (OPEC). Owji said on his first day of work in the Oil Ministry that Iran would seek to increase its crude exports amid a recovery …
Read More »Iran Oil Minister Candidate Release Future Plans
Javad Owji, who is President Raisi’s suggested candidate for the Oil Ministry, has released a comprehensive program for the development of the country’s oil and gas industry during his tenure, Shana reported. The published plan is comprised of five separate sections including an introduction, some documents related to the oil …
Read More »Salehi: Iran’s Nuclear Achievements are Unique
The head of the Atomic Energy Organization of Iran (AEOI), Ali Akbar Salehi, stressed that the Iranian nuclear achievements are unique. Attending the opening of the Oil Ministry and the Atomic Energy Organization (AEOI) projects, Ali Akbar Salehi noted that the Atomic Energy Organization of Iran proved that it had …
Read More »Iran’s Foreign Trade Tops 47% in 4 Months
The value of Iran’s non-oil trade rose 47 percent during the first four months of the current Iranian calendar year (March 21-July 22), as compared to the same period of last year, the head of the Islamic Republic of Iran Customs Administration (IRICA) announced. According to the Head of the …
Read More »Minister: OPEC+ mustn’t Ignore Iran’s Oil Return to Market
Iranian Minister of Petroleum Bijan Zanganeh on Sunday said that OPEC+ cannot turn a blind eye to the return of Iranian oil production to global markets after the imposed sanctions are removed. The Iranian Minister stated that the 18th session was procrastinated due to the UAE opposition 20 days ago. …
Read More »Salehi: 60, 20 and %5 Enrichments still Going On
Head of the Atomic Energy Organization of Iran (AEOI) Ali Akbar Salehi said here on Monday that the %60, 20% and 5% enrichments still continue. He said the quantity of Iran’s stored %20 enriched uranium is now over 90 kilograms. About further extension of recording time for the IAEA cameras …
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