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April 26, 2024
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April 26, 2024
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oil gas
Owji: Ethane extraction from South Pars Field to yield up to $300M profit Annually
Monday, 03 July 2023 15:45
IP- In a recent ceremony, Iran's oil minister, Javad Owji, announced that the extraction of ethane from nine refineries in the South Pars (SP) gas field would generate an impressive profit of $250-$300 million per year.
16% jump in Iran oil output capacity by end of 7th Development Plan
Saturday, 01 July 2023 12:59
Tehran (IP)- A 16 percent leap in Iran’s oil production capacity is the target set by the 7th National Development Plan (2023-2027).
Iran's oil, gas sectors attract $7.5 bn in capital within two years: Deputy FM
Wednesday, 28 June 2023 21:08
Tehran (IP) - Iran's deputy foreign minister for economic diplomacy announced on Wednesday that the country's oil and gas sector has successfully attracted foreign investment worth of $7.5 billion in the past two years.
Oil condensate prices offered in IRENEX same for Iranian, foreigners: Min
Sunday, 12 March 2023 21:54
Petroleum Minister on Sunday announced that the prices of crude oil and gas condensates sold to foreign clients in the Iran Energy Exchange (IRENEX) within a certain time are also offered to domestic purchasers.
Iran-Russia commission B2B to hold meetings in May
Sunday, 12 March 2023 13:57
Tehran (IP) - Iran-Russia Joint Economic Commission will hold business-to-business (B2B) meetings here in May.
China announces massive oil, gas discovery
Saturday, 04 March 2023 16:29
The Chinese state-owned oil and gas corporation CNOOC announced the discovery of a significant oilfield with 100 million tons of light crude reserves in the Bohai Sea, which spans along the country's northern coastline.
Iran opens oil office in Iraq
Tuesday, 29 November 2022 18:50
Tehran (IP) - Iran's Ministry of Oil opened its office in Baghdad, the capital city of Iraq.
Iran has no problems with oil sales, transferring money: Veep
Sunday, 06 November 2022 12:40
Hormozgan (IP) - Iran's first vice president says the country is selling oil well, and money transfers are done without problems and current expenses of the country are provided without borrowing and methods that lead to inflation.
Iran, Russia to expand bilateral cooperation on oil, gas exports
Monday, 31 October 2022 16:53
IP- Iranian Minister of Petroleum has traveled to Russia to attend the 16th meeting of the Joint Economic Commission of Iran and Russia in which the two countries are going to discuss new phase of cooperation on oil and gas exports.
Iran holds big industrial exhibition to develop domestic brands
Saturday, 29 October 2022 10:22
Arak (IP) – The 15th industry exhibition of Markazi Province was held as the biggest economic gathering of Iran in Arak (the industrial capital of Iran), with the attendance of some ambassadors of foreign countries as Iranian knowledge-based companies have displayed their latest industrial equipment.
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