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February 21, 2025 Languages

Oil Price

Iranpress: NIGC Chairman: Increasing demand for Iran

NIGC Chairman: Increasing demand for Iran's gas exports

Thursday, 18 May 2023 19:20

Tehran-IP: The chairman of the National Iranian Gas Company (NIGC) said that "there is a great demand for Iran's gas exports from Oman, Pakistan, Afghanistan, and other neighboring and European countries.

Iranpress: Iraq does not expect OPEC+ to make further oil production cuts

Iraq does not expect OPEC+ to make further oil production cuts

Saturday, 13 May 2023 14:09

Iraq anticipates that the upcoming OPEC+ meeting on June 4 will not reach a decision on extra oil production cuts, Iraqi oil minister told Reuters.

Iranpress: Iran indigenizes more than 75% of equipment needed in its oil industry: Minister

Iran indigenizes more than 75% of equipment needed in its oil industry: Minister

Tuesday, 09 May 2023 18:45

Tehran (IP)- More than 75 percent of equipment needed by the country’s oil industry is supplied by domestic manufacturers, said Iran's Petroleum Minister Javad Owji.

Iranpress: One-third of country

One-third of country's non-oil exports done via free, special economic zones

Monday, 08 May 2023 15:46

Tehran(IP)- The Secretary of the Supreme Council of Free Trade-Industrial and Special Economic Zones emphasized that last year, free and special economic zones accounted for one-third of the country's total non-oil exports.

Iranpress: Deputy PM: Russia sticking to its oil output cuts

Deputy PM: Russia sticking to its oil output cuts

Sunday, 07 May 2023 17:57

Deputy Prime Minister Alexander Novak said Russia was abiding by its voluntary pledge to cut oil output by 500,000 barrels per day (bpd) from February until the end of the year.

Iranpress: Iran’s oil output rises in 20 months, tops 3 mbd

Iran’s oil output rises in 20 months, tops 3 mbd

Tuesday, 02 May 2023 19:11

Tehran(IP)- Iran’s oil minister said the country’s oil production has risen to over 3 million barrels per day (mbd) in the past 20 months ago.

Iranpress: OPEC+ states to further cut oil production

OPEC+ states to further cut oil production

Monday, 01 May 2023 22:18

Several members of the OPEC+ group, including Saudi Arabia and Russia, the cartel’s two biggest oil producers, have begun reducing crude output.

Iranpress: Government spokesman emphasizes approval of establishing Trade Org.

Government spokesman emphasizes approval of establishing Trade Org.

Tuesday, 18 April 2023 16:00

Tehran(IP)- Iran's Government Spokesman emphasized that the government officially agrees with the parliament's proposal to establish the ministry or trade organization.

Iranpress: Saudi Arabia raises crude prices for Asia for third month

Saudi Arabia raises crude prices for Asia for third month

Sunday, 09 April 2023 18:03

IP- Saudi Arabia, the world's top oil exporter, has raised the prices of its flagship crude for Asian buyers for the third straight month.

Iranpress: OPEC +, showing power with energy card

OPEC +, showing power with energy card

Wednesday, 05 April 2023 13:14

Tehran (IP) - OPEC+ members decided to reduce their crude oil supply by another 1.6 million barrels per day from May 2023 until the end of this year.

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