Tag Archives: Iran

Iranian Oil Minister Javad Oji has stressed that the global energy market needs an increase in the supply of Iranian oil, saying: “As a major producer of oil and petroleum products, we are always ready to play our role in maintaining global energy security away from politics.” Speaking after an …

The managing director of National Iranian Gas Company (NIGC) has said the country’s gas revenues have increased by 64 percent since the current government took office last August, IRNA reported. “An 11 percent increase in gas exports to Turkey and the continuation of negotiations to increase exports, the collection of …

Statistics showed that Iran’s non-oil exports value from August 23, 2021 to June 21, 2022 topped $44 billion, showing a hike as compared to the same period of last year. Iran exported 104.452 million tons of non-oil goods, valued at $44.254 billion since the 13th government under President Raeisi took …

Pointing to the signing of a memorandum of understanding (MoU) between Iran an Nigeria on cooperation in variou fields including exports of technical and engineering services and petrochemical products (Urea), Iranian Oil Minister said, “The two countries have great capacities that can use them to expand bilateral relations in the …

Tehran is ready to increase its oil exports immediately after the sanctions are removed, Iranian Minister of Petroleum Javad Owji said on Friday, noting that in the first year of the 13th Iranian Government, over $100 billion of oil and gas agreements have been signed. Owji said on Friday on …

US and Iran remain at loggerheads over key details of an emerging deal to revive a landmark nuclear agreement and may need several weeks to resolve their differences, US media said quoting officials familiar with the talks. Expectations of an imminent breakthrough grew as Washington and Tehran responded to a …

Head of the Atomic Energy Organization of Iran (AEOI) Mohammad Eslami says the country should become a hub for the designing and building of nuclear power plants in the coming years. Eslami said on Thursday that an ongoing global fuel crisis had made the use of nuclear energy more relevant. …

Iran’s Oil Minister Javad Oji says the Islamic Republic has a good capacity to produce oil and gas and their commodities and is thus capable of partly relieving the energy shortage in the world. Oji said energy prices are out of control in the world and big petrochemical companies in …

Iranian Oil Minister Javad Owji said numerous projects have been defined in the southern province of Hormozgan to turn it into a refining hub within years. Speaking to reporters on the sidelines of a virtual ceremony to launch a major gas project in Kish Island on Monday, Owji said that …

National Iranian Oil Company (NIOC) is planning to boost the country’s oil production to 4.038 million barrels per day (bpd) in the current Iranian calendar year (ends on March 20, 2023), Shana reported on Monday, quoting an official with the company as saying. According to Hormoz Qalavand, NIOC’s director of …