Tag Archives: Tehran Times

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 …

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 …

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 …

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 …

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 …

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 …

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 …

The value of Iran’s oil products export increased 40 percent in the first half of the present Iranian calendar year (March 21-September 22), as compared to the same period of time in the past year, the boar director of Iranian Oil, Gas and Petrochemical Products Exporters Union (OPEX) announced. Hamid …

The 16th meeting of Iran-Russia Joint Economic Committee will be held in Russia during October 29-November 1. Iranian Oil Minister Javad Oji and Russian Deputy Prime Minister Alexander Novak will co-chair the meeting. Under the joint economic committee meeting, 19 working groups have been defined, which include a diverse range …

Oil Minister Javad Oji has said 260 trillion rials (about $902.9 million) has been allocated for the implementation of the National Iranian Gas Company (NIGC)’s priority projects in the current Iranian calendar year (started on March 21). Oji made the remarks in an Oil Ministry committee meeting held on Sunday …