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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.

Iranpress: Oil condensate prices offered in IRENEX same for Iranian, foreigners: Min

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.

Iranpress: Iran-Russia commission B2B to hold meetings in May

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.

Iranpress: China announces massive oil, gas discovery

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.

Iranpress: Iran opens oil office in Iraq

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.

Iranpress: Iran has no problems with oil sales, transferring money: Veep

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.

Iranpress: Iran, Russia to expand bilateral cooperation on oil, gas exports

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.

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