Iran
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Tehran to host 17th Iran-Russia Joint Economic Commission this month
SHANA (Tehran) – The 17th Iran-Russia Joint Economic Commission meeting will be held in the presence of its cochairmen, Iran’s Oil Minister Javad Owji and Russia’s Deputy Prime Minister Alexander Novak, in Tehran this month.
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Iran, Türkiye sign energy cooperation document
SHANA (Tehran) – Iran and Türkiye signed a document to cooperate in the energy sector in Ankara on Wednesday.
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IEA: Iran accounts for 12% of OPEC nine-month revenues
Iran’s oil revenues neared $34 billion in the first nine months (January-September) of 2023 despite brutal U.S. sanctions, accounting for 12 percent of OPEC member states’ total income.
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Iran says exporting gas to Iraq as planned
SHANA (Tehran) – The dispatching director of the National Iranian Gas Company (NIGC) on Saturday said gas export to Iraq is continuing according to the agreement.
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Iran ready to develop Iraq upstream, downstream sectors: Oil minister
SHANA (Tehran) – Iran is self-sufficient in all segments of the oil industry despite brutal sanctions and ready to develop Iraq’s upstream and downstream sectors, said Oil Minister Javad Owji on Wednesday.
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Iran, Iraq oil ministries sign educational MoU
SHANA (Tehran) – Iran and Iraq inked an educational memorandum of understanding (MoU) in the presence of Iranian Oil Minister Javad Owji and his Iraqi counterpart Hayan Abdel-Ghani here on Wednesday.
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Iran, Iraq oil ministers discuss cooperation
SHANA (Tehran) – Iranian Oil Minister Javad Owji and his Iraqi counterpart Hayan Abdel-Ghani hold talks on bilateral cooperation at the National Iranian Oil Company's Kushk Hall Center in Tehran on December 27, 2023.
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Iran and energy transmission
Iran’s geographical position has historically been a key factor in boosting the country’s standing. Iran has always been known to connect the West and the East as well as the North and the South. Historical records also show Iran’s important role in international trading in different periods, the most important of which has been the Silk Road.
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Iran oil output rise continues in Nov.: OPEC
SHANA (Tehran) – Iran’s crude oil production continued its rise in November, hitting 3.128 million barrels per day (bpd), the latest report of the Organization of the Petroleum Exporting Countries (OPEC) showed.
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Iran elected as OPEC conference alternate president in 2024
SHANA (Tehran) – Gabon and Iran were on Thursday elected as president and alternate president of the Conference of Ministers of the Organization of Petroleum Exporting Countries (OPEC) for 2024, respectively.
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Iran-Iraq energy talks
SHANA (Tehran) – Iran’s Oil Minister Javad Owji and Iraqi Minister of Electricity Ziyad Ali Fazel hold talks on the two neighboring states’ energy relations, particularly bilateral cooperation in the oil and gas industry in Tehran on November 15, 2023.
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OPEC: Iran’s oil output keeps rising
SHANA (Tehran) – Iran’s crude oil production continued its rise in October, the latest report of the Organization of the Petroleum Exporting Countries (OPEC) showed.
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OPEC+ October production rises 180,000 b/d, led by Iraq and Iran: Platts survey
OPEC+ crude oil output grew 180,000 b/d in October, the latest Platts survey by S&P Global Commodity Insights found, adding supply pressures to flagging market sentiment, as Iran and Iraq led the group's production higher.
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OPEC oil output rises for third month; Iran production hits new high: Reuters survey
OPEC oil output has risen for a third straight month in October, a Reuters survey found on Tuesday, led by increases in Nigeria and Angola and despite ongoing cuts by Saudi Arabia and other members of the wider OPEC+ alliance to support the market.
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Owji: Iran’s oil production hits 3.4m bpd
SHANA (Tehran) – Oil Minister Javad Owji on Wednesday announced that Iran’s oil production has reached 3.4 million barrels per day (bpd).
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Tehran, Bishkek agree on refining projects in Kyrgyzstan: Iran’s first VP
SHANA (Bishkek) – Iran’s first vice president on Wednesday said Tehran and Bishkek agree to implement refining projects in Kyrgyzstan.
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OPEC's September report: Production surges with Iran's output surpassing 3m bpd
OPEC’s crude oil production witnessed a noticeable uptick in September as compared to August, as per the latest data released in the Monthly Oil Market Report (MOMR) published by the organization.
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Energy in Kenya; Iran opportunities
Kenya is at the crossroads of East Africa, which has in recent years developed its economic service sector and made significant progress in the use of modern technologies. Although more than one-third of the country’s 46 million people still live below the poverty line, the middle class that has emerged in recent years accounts for three-fourths of GDP growth. The middle class also represents the country’s major energy consumer. The remarkable point about Kenya’s energy sector is its investment in renewables. Currently, more than 75% of the energy consumed in Kenya is supplied by renewables, which mainly include geothermal energy and hydroelectricity. The Kenyan government plans to switch to 100% clean energy by 2030. Kenya’s goal in its Vision 2030 plan for the energy sector is to increase investment in renewables.
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OPEC oil output rises for second month on Nigeria, Iran – Reuters survey
OPEC oil output rose for a second straight month in September, a Reuters survey found on Monday, led by increases in Nigeria and Iran despite ongoing cuts by Saudi Arabia and other members of the wider OPEC+ alliance to support the market.
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China's 'teapot' refiners mop up swelling Iranian crude, defying U.S. curbs
Appetite for Iranian crude is growing in China, the world's biggest oil importer, after the extension of supply cuts by Saudi Arabia and Russia boosted global prices, while Tehran is stepping up output and exports despite U.S. sanctions.
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OPEC report: Iran regains position as third-largest oil producer with 3m bpd output
SHANA (Tehran) – The Monthly Oil Market Report (MOMR) of the Organization of the Petroleum Exporting Countries (OPEC) showed that Iran has regained its position as the third-largest crude oil producer in August.
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OPEC oil output rises in August as Iran hits 2018 high: Reuters survey
OPEC oil output rose in August as Iranian supply rose to its highest since 2018, a Reuters survey found on Thursday, despite ongoing cuts by Saudi Arabia and other members of the wider OPEC+ alliance to support the market.
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Iran, potential key player in oil market
Petroleum industry is a key sector in the Iranian economy. Iran has been trying its best to benefit from its giant hydrocarbon resources to realize its objectives set out in its development plans. Along with sustainable oil and gas production, Iran been instrumental in global energy supply. It may not be eliminated from global energy trading as it continues to play an effective role in this sector.
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EI report shows 4.6% rise in Iran oil output
SHANA (Tehran) – The Energy Institute (EI) Statistical Review of World Energy published on Monday showed a 4.6 percent increase in Iran’s oil production in 2022.
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Iran's oil exports hit five-year highs
Iran's crude exports and oil output have hit new highs in 2023 despite U.S. sanctions, according to consultants, shipping data and a source familiar with the matter, adding to global supply when other producers are limiting output.
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Over 200 agreements, MoUs signed in Iran Oil Show 2023
SHANA (Tehran) -- More than 200 agreements and memorandums of understanding (MoUs) have been signed between Iranian and international companies during Iran Oil Show 2023, Iran's oil minister said here on Saturday.
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Iran's NIGC official: Talks on gas imports from Turkmenistan held
SHANA (Tehran) – Iran has negotiated with Turkmenistan to import gas from the neighboring country, the director of the integrated planning at the National Iranian Gas Company (NIGC) said here on Friday.
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Iran says ready to carry out Iraq gas projects
SHANA (Tehran) – Deputy Oil Minister Majid Chegeni on Thursday announced Iran's readiness to carry out and complete Iraq’s gas projects.
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Iran, Iraq deputy oil ministers meet
SHANA (Tehran) – Iranian Deputy Oil Minister Majid Chegeni and his Iraqi counterpart Laith Al-Shaher meet on the second day of the 27th Iran International Oil, Gas, Refining and Petrochemical Exhibition on Thursday, May 18, 2023.
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Iran, Russia sign statement of cooperation
SHANA (Tehran) – Iran and Russia inked a statement of cooperation here on Wednesday in the presence of Iran’s First Vice President Mohammad Mokhber and Russian Deputy Prime Minister Alexander Novak.