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oil gas

Iranpress: NIGC to invest up to $2b in knowledge-based sector: CEO

NIGC to invest up to $2b in knowledge-based sector: CEO

Sunday, 07 January 2024 21:28

Tehran (IP)– The National Iranian Gas Company managing director on Sunday said NIGC plans to invest up to $2 billion in the knowledge-based sector within the next few years.

Iranpress: Iran

Iran's oil, gas sector records 17.8% economic growth in summer 2023: CBI

Saturday, 23 December 2023 16:35

Tehran (IP) – A report released by the Central Bank of Iran (CBI) on Saturday showed that the oil and gas industry’s economic growth in summer 2023 reached 17.8 percent.

Iranpress: Oin Min. says gas flares being collected for optimization

Oin Min. says gas flares being collected for optimization

Wednesday, 13 September 2023 13:13

Tehran (IP) - Iran's Minister of Oil said the gases emitted from the west of Karoon oil fields were collected to be optimized.

Iranpress: Raisi: Iran

Raisi: Iran's oil industry no longer depends on foreign advisers

Monday, 28 August 2023 15:53

Bushehr (IP): Iran's President stressed during the opening ceremony of the Phase 11 of Iran’s South Pars Joint Gas Field, in Asaluyeh, Iran's oil industry is no longer dependent on the presence of foreign advisers.

Iranpress: Owji: Iran oil sale favorable; Iraq

Owji: Iran oil sale favorable; Iraq's gas debts collected

Wednesday, 26 July 2023 19:09

Tehran (IP)- Iran's oil minister, Javad Owji, described crude exports as "favorable" during talks with reporters on Wednesday. Despite facing "harsher" sanctions, Owji stated that oil products and exports were increasing.

Iranpress: IEA chief says oil demand projections depend on China

IEA chief says oil demand projections depend on China's growth

Sunday, 23 July 2023 17:28

IP- The International Energy Agency (IEA) will revise its global oil demand growth projections based on the economic growth prospects of China and some other countries, its executive director Fatih Birol said.

Iranpress: S. Arabia hikes most August oil prices to Asia after supply cuts

S. Arabia hikes most August oil prices to Asia after supply cuts

Saturday, 08 July 2023 21:20

IP- Top oil exporter Saudi Arabia raised the prices for most of its crude oil to Asian customers in August for a second month after its announcement of prolonging an extra output cut on top of a broader OPEC+ deal.

Iranpress: Owji: Ethane extraction from South Pars Field to yield up to $300M profit Annually

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.

Iranpress: 16% jump in Iran oil output capacity by end of 7th Development Plan

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).

Iranpress: Iran

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.

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