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Gov’t spox:
Iran will not yield its share in the global oil market
SHANA (Tehran) – A government spokesperson emphasized that the Ministry of Oil is one of the most critical ministries at the forefront of sanctions.
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Kharg oil terminal as hub of Iran’s oil exports meets global standards
SHANA (Tehran) – The CEO of Iran Oil Terminals Company emphasized the critical role of the Kharg oil terminal in the export of the country’s crude oil, stating that all stages of receiving, storing, and exporting oil at this terminal are carried out in strict compliance with international standards and under the supervision of advanced quality control laboratories.
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SPGC delivers 46,000 MW of electricity to national grid
SHANA (Tehran) – The acting head of joint operations at the South Pars Gas Complex (SPGC) announced that the Besat Power Plant, part of the South Pars Gas Complex, has delivered more than 46,000 megawatts of electricity to the national grid through significant efforts and the dedication of its staff.
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Foreign Ministry Spox condemns sanctions on oil minister
SHANA (Tehran) – The spokesperson for the Ministry of Foreign Affairs strongly condemned the US action to sanction several individuals, including the oil minister of the Islamic Republic of Iran, as well as multiple oil tankers and commercial companies.
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Energy imbalance requires public cooperation: President
SHANA (Tehran) – President Masoud Pezeshkian emphasized that resolving the country's energy imbalance requires public cooperation, noting that Iran's natural gas consumption exceeds that of wealthy European nations, despite their higher financial capacity and efficient energy management.
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NIDC urged to strengthen its regional position
SHANA (Tehran) - The CEO of the National Iranian Oil Company emphasized the pivotal role of the National Iranian Drilling Company (NIDC) in the country’s oil industry, stating that the company must solidify its position in regional markets by modernizing equipment, adopting advanced technologies, and streamlining processes.
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In latest round of measures against Iran’s oil industry
US Treasury sanctions Iranian oil minister
SHANA (Tehran) - The US Treasury Department has imposed sanctions on Iran’s oil minister as part of its ongoing maximum pressure campaign against the Islamic Republic.
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Iran anticipates positive news in oil production next year
SHANA (Tehran) - The CEO of the National Iranian Oil Company (NIOC) announced that necessary planning has been completed to meet oil production requirements for the upcoming year, stating, "Next year, we will have good news in the field of oil production."
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Iran no longer needs to import five polymer grades
SHANA (Tehran) - Arvand Petrochemical, the largest producer of PVC and chlorine chains in West Asia, has achieved a historic production record for EPVC this Iranian year, eliminating the need for the country to import five specialized grades.