As many as 24 water and electricity facilities will be put into operation in 5 provinces of Iran today on February 16, Trend reports citing the Ministry of Energy of Iran. According to the report, in total, 9.75 trillion rials (about $232 million) have been spent on facilities put into …
Read More »UN Reacts to Iran’s Plan to Limit IAEA Inspection
A UN spokesman has reacted to Iran’s decision to limit the International Atomic Energy Agency’s inspection of country’s nuclear facilities. The United Nations is calling on Iran to fully cooperate with the International Atomic Energy Agency (IAEA), UN spokesman Farhan Haq said, commenting on Tehran’s plan to limit IAEA inspections …
Read More »Iran Calls US Attempt to Seize Oil Act of Piracy
Iran said an attempt by the U.S. government to seize 2 million barrels of oil aboard a Greek-owned tanker was “an act of piracy,” as tensions between Washington and the Islamic Republic show little sign of easing under Joe Biden’s presidency. Washington claims the crude on the Achilleas ship was …
Read More »Iran Calls on IAEA to Guarantee Information Confidentiality
Iran’s Permanent Ambassador to the Vienna-based International Organizations Kazzem Qaribabadi said his country has urged the International Atomic Energy Agency to ensure that the information of its nuclear program would not be leaked. “The Islamic Republic of Iran has officially informed the IAEA of its concerns regarding the principle of …
Read More »NIOC Outlines HSE Priorities for Major Subsidiaries
Managing Director of the National Iranian Oil Company (NIOC) has outlined the main Health, Safety and Environment (HSE)-related priorities of the company to its major subsidiaries namely Iranian Offshore Oil Company (IOOC), National Iranian South Oil Company (NISOC), and Iranian Oil Terminal Company (IOTC). In a directive addressed to the …
Read More »OPEC: Iran’s Crude Oil Output Grows in January
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 Crude oil Output Grows in January
Iran continues its march 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 from …
Read More »Iran, Turkey Negotiating to Renew Gas Accord
The deputy petroleum minister for international and commercial affairs said on Monday that the present agreement for gas export to Turkey is valid until 2026 and the talks for extending the accord has started by National Iranian Gas Company, Trend reports citing IRNA. Speaking in the 3rd Specialized Summit on …
Read More »Iran’s Natural Gas Output Hits Record High Even as US Sanctions Curb Investment
Iran’s natural gas production has reached a record high even as US sanctions caused major international exploration companies to scale back their activities in the Islamic Republic. Production has hit a record of 1.04 Bcm/d, Iran’s oil minister Bijan Zanganeh said Feb. 7 on the sidelines of a petrochemicals conference …
Read More »Iran’s Non-Oil Export Hits 80% in 4 Decades
Iran’s Deputy Economy Minister said on Saturday that Iran’s non-oil export was 5% in 1979 while it has reached 80 percent in the past 42 years. Speaking in a conference of exporters at the Chamber of Commerce of Kashan, central Iran, Abbas Memarnejad said that although the volume of export …
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