The value of Iran’s non-oil export rose 19 percent from the beginning of the current Iranian calendar year (March 21,2022) up to December 31, as compared to the same period of time in the past year, data released by the Islamic Republic of Iran Customs Administration (IRICA) show. According to …
Read More »Oman Welcomes Investment in Iran’s Renewables Sector
Rashid Al-Ghilani, Oman’s Chargé d’affaires in Tehran, has said his country welcomes investment in Iran’s renewable energy sector. Al-Ghilani made the remarks in an Iran-Oman business forum in Tehran on Sunday, the portal of the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) reported. The forum, focusing on the …
Read More »Iranian Companies to Participate in Iraq’s Energy Projects
In coordination with the Iranian Oil Ministry’s representative office in Baghdad, the Iraqi Oil Ministry has notified all its affiliated entities about Iranian companies’ readiness for participation in the country’s energy projects, Shana reported. The oil ministries of Iran and Iraq have established a joint working group in order to …
Read More »EIA: Despite Sanctions, Iran Gets $34b of Oil Revenue in 7 Months: EIA
U.S. Energy Information Administration (EIA) in a recent report has put Iran’s oil revenues earned in the first seven months of 2022 at $34 billion, only five billion less than Iran’s total oil revenue in 2021. Based on the EIA report, Iran’s average monthly income from oil sales in January-July …
Read More »NIOC Launches Projects Worth €30 Million
The National Iranian Oil Company (NIOC) has launched 10 oil and gas projects with a total value of €30 million. “The projects will effectively contribute to job creation and technology development in the country,” NIOC official Mahdia Motahari said, Shana reported. He went on to say that a list of …
Read More »Iran Ramping up Gas Production Eying New Export Markets
Iran has been ramping up its natural gas production with the aim of increasing exports to global markets as the demand in Europe for natural gas is surging ahead of winter, an Oilprice.com report stated. “Iran last week made it clear that it is ramping up its gas production operations …
Read More »Over 17% of Iran’s Knowledge-Based Companies Work in Oil Industry
Head of Iranian Petroleum Industries Equipment Manufacturers Association (known as SIPIEM) has said over 17 percent of the country’s knowledge-based companies are active in the oil, gas, and petrochemical sectors, Shana reported. Speaking at a conference on the promotion of knowledge-based companies dubbed “Development of relations with knowledge-based and technological …
Read More »Iran’s Export to Armenia Increases 15% in H1 on Year
The value of Iran’s export to Armenia increased 15 percent in the first half of the current Iranian calendar year (March 21-October 22), from the first half of the previous year, an official with Iran’s Trade Promotion Organization (TPO) announced. Rahmatollah Khormali, the director-general of the TPO’s office of Central …
Read More »Non-Oil Exports Increase 5.6% in 7 Months yr/yr
The value of Iran’s non-oil export rose 5.6 percent during the first seven months of the current Iranian calendar year (March 21-October 22) as compared to the same period of time in the past year, the spokesman of the Islamic Republic of Iran Customs Administration (IRICA) said. According to Morteza …
Read More »Consortium of Iranian Banks, Firms to Invest $27b in Oil Industry
Head of Iran’s Planning and Budget Organization (PBO) Masoud Mirkazemi said a recently formed consortium of Iranian banks and companies is going to invest $27 billion in the country’s oil and gas sector, IRNA reported. “Recently, good cooperation has been established between the Planning and Budget Organization and the Oil …
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