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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.

Iranpress: Oil industry growing without JCPOA, says vice president

Oil industry growing without JCPOA, says vice president

Tuesday, 20 February 2024 18:49

Tehran (IP) – Iran’s vice president for legal affairs said the country’s oil industry has achieved steady growth without the revival of the Iran nuclear deal, officially known as the Joint Comprehensive Plan of Action (JCPOA), since the 13th administration took office in August 2021.

Iranpress: Oil slides as Saudi price cuts and incresing OPEC output

Oil slides as Saudi price cuts and incresing OPEC output

Monday, 08 January 2024 19:34

IP - Oil prices fell by more than 2% on Monday on sharp price cuts by top exporter Saudi Arabia and a rise in OPEC output, offsetting supply concerns generated by escalating geopolitical tension in the Middle East.

Iranpress: Brent oil slips toward $80 ahead of OPEC+ meeting

Brent oil slips toward $80 ahead of OPEC+ meeting

Monday, 27 November 2023 16:07

Oil prices slipped on Monday, with Brent falling toward $80 a barrel, as investors waited for an OPEC+ meeting later this week for an agreement expected to curb supplies into 2024.

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