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oil

Iranpress: Iran Seeks Mining to Cut Oil Reliance, Slams Western Green Rhetoric

Iran Seeks Mining to Cut Oil Reliance, Slams Western Green Rhetoric

Friday, 06 June 2025 18:09

Iran’s First Vice President Mohammad Reza Aref announced plans to pivot the economy toward the mining sector to reduce dependence on oil, during a meeting with the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) on June 5.

Iranpress: OPEC+ Convenes to Set Future Oil Production Strategy

OPEC+ Convenes to Set Future Oil Production Strategy

Thursday, 29 May 2025 09:46

The Organization of the Petroleum Exporting Countries (OPEC) convened its 191st Ministerial Meeting via video conference, bringing together ministers and senior representatives from 12 member nations to discuss the maximum sustainable production capacity.

Iranpress: Nigeria

Nigeria's President Declares State of Emergency in Southern State

Wednesday, 19 March 2025 09:34

In a nationwide broadcast on Tuesday night, President Bola Ahmad Tinubu of Nigeria has declared State of Emergency in Rivers, a state in the Southern part of the country after several oil pipelines had been blown up by militants.

Iranpress: Iran Marks 74th Anniversary of Oil Industry Nationalization

Iran Marks 74th Anniversary of Oil Industry Nationalization

Tuesday, 18 March 2025 16:28

Iran commemorates the 74th anniversary of the nationalization of its oil industry, a pivotal moment in reclaiming national resources from foreign control and shaping its political and economic landscape.

Iranpress: Iran to Sign a Significant Oil Contract Soon: Oil Minister

Iran to Sign a Significant Oil Contract Soon: Oil Minister

Wednesday, 05 February 2025 14:12

Tehran (IP) - Iran Oil Minister, Mohsen Paknejad told reporters on the sideline of the Cabinet weekly meeting that a significant oil contract, described as one of the largest in the country's history, will be signed soon by President Masoud Pezeshkian.

Iranpress: Oil Minister: Export Will Continue, No Problem

Oil Minister: Export Will Continue, No Problem

Wednesday, 13 November 2024 17:06

Tehran (IP) - The Iranian Oil Minister said that with regard to the sustainable production and export of oil, the due measures have been taken and the process would continue without concern.

Iranpress: Algeria Secures Fuel for Lebanon Power Plants

Algeria Secures Fuel for Lebanon Power Plants

Monday, 19 August 2024 08:58

IP - Algeria will supply fuel for the Lebanon power plants as the country went through a nationwide power outage. Algeria Secures Fuel for Lebanon Power Plants

Iranpress: Iran Exports Oil to 15 Countries, Petrochemical Production to Increase

Iran Exports Oil to 15 Countries, Petrochemical Production to Increase

Saturday, 22 June 2024 17:10

TEHRAN (IP) - Iranian Minister of Petroleum, Javad Owji in a joint press conference with Iran's Government's spokesman on Saturday said that Iran currently exports crude oil to 15 countries worldwide.

Iranpress: Iran

Iran's Minister of Finance: Iran experiences 7% increase in non-oil revenues

Tuesday, 16 April 2024 15:36

Tehran (IP): During a press conference on Tuesday morning, Seyyed Ehsan Khandozi, Minister of Economy and Finance and the economic spokesman of the government, announced that the ratio of stable incomes, including customs, company dividends, and non-oil incomes and taxes, has increased from 45% to 52% over the past three years. He expressed optimism that this ratio could reach 60% in the current year.

Iranpress: Oil prices fall on China demand worries

Oil prices fall on China demand worries

Monday, 11 March 2024 15:52

Oil prices extended last week's losses on Monday on concern about slow demand in China, although lingering geopolitical risk surrounding Western Asia and Russia limited the decline.

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