-
Oil minister: SP Phase 11 to generate up to $5b revenue per annum
SHANA (Tehran) – Phase 11 of Iran’s South Pars (SP) gas field will yield four to five billion dollars annually, said Oil Minister Javad Owji on Wednesday.
-
Owji: President to inaugurate SP Phase 11
SHANA (Tehran) – Iran’s Oil Minister Javad Owji here on Wednesday said Phase 11 of the South Pars (SP) gas field will become operational in the presence of President Seyyed Ebrahim Raeisi.
-
Iran’s South Pars Phase 11 platform installed; gas production to start soon
SHANA (Tehran) – The platform of Iran’s South Pars (SP) Phase 11 was installed in the Persian Gulf on Wednesday.
-
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.
-
VP: Energy cooperation can turn Iran, Qatar into region’s gas hubs
SHANA (Tehran) – Iran’s First Vice President Mohammad Mokhber on Monday said energy cooperation between Iran and Qatar can turn the two countries into gas hubs in the region.
-
APIC: Five-year petchem exports fetched Iran $61b despite sweeping sanctions
SHANA (Tehran) – Iran has earned $61 billion by exporting 120 million tons of petrochemical products from 2018 to 2022 amid growing sanctions, said the Association of Petrochemical Industry Corporation (APIC) deputy head on Monday.
-
NIGC head: Iraq pays all gas debt to Iran; talks with Türkiye, Turkmenistan underway
SHANA (Tehran) – The National Iranian Gas Company (NIGC) managing director here on Sunday said Iraq has paid its gas debt to Iran.
-
Owji: Iran oil exports on the rise despite ‘harsher’ sanctions
SHANA (Tehran) – Iran’s oil minister on Friday said his country’s oil products and exports have climbed in spite of “harsher” sanctions.
-
Owji: Iran, Venezuela use barter system to trade
SHANA (Tehran) – Iran’s Oil Minister Javad Owji here on Wednesday said his country and Venezuela conduct their trade through a barter system and there is no financial payment between the two states.
-
Lawmaker: Latam good energy market for exporting technical, engineering services
SHANA (Tehran) – Iran’s energy sector could create a good market for itself in Latin America by exporting technical and engineering services, said a lawmaker on Tuesday.
-
Iran, Uzbekistan agree on roadmap for cooperation in oil, gas, petrochemical industry
SHANA (Tehran) – A roadmap for cooperation between Iran and Uzbekistan in oil, gas, and petrochemical industry was outlined here on Monday.
-
MP hails Raeisi administration’s energy diplomacy as ‘strong point’
SHANA (Tehran) – Energy diplomacy is one of the “strong points” of the 13th (Raeisi) administration, said an Iranian lawmaker on Sunday.
-
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.
-
OPEC celebrates 60th anniversary in Baghdad
The Organization of Petroleum Exporting Countries (OPEC) commemorated its Diamond Anniversary (60 years) in Baghdad, Iraq.
-
Active diplomacy causes Iran-Venezuela oil trade to rise to $4b
SHANA (Tehran) – The active diplomacy of Iran’s Ministry of Petroleum and the effective measures carried out by the 13th (incumbent) administration have led to an exponential increase in Iran-Venezuela cooperation in the oil industry, causing the two countries’ oil trade in the past 20 months to hit $4 billion.
-
MP: Oil, tech export to Latin America is incumbent government’s zenith
SHANA (Tehran) – A member of Iran’s Parliament on Thursday said oil and technical know-how export to Latin America shows that the 13th (incumbent) administration’s power has reached its climax.
-
Iranian MPs commend Oil Ministry for reviving energy diplomacy
SHANA (Tehran) – A number of Iranian lawmakers have lauded the Oil Ministry for reviving energy diplomacy.
-
Iranian knowledge-based company to equip Venezuela gas compressor stations
SHANA (Caracas) – An Iranian knowledge-based company receiving support from the Ministry of Petroleum will equip Venezuela’s gas compressor stations.
-
Owji says Iran will help Venezuela restore 12 Mt/y petrochemical production capacity
SHANA (Tehran) – Iran will help Venezuela restore its 12-million-ton-per-year (Mt/y) petrochemical production capacity, said Oil Minister Javad Owji on Tuesday.
-
Iran, Venezuela sign several oil contracts
SHANA (Caracas) – Iran and Venezuela here on Monday signed several contracts to cooperate in the oil sector.
-
Raeisi: Strengthening economy most effective way to confront sanctions
SHANA (Caracas) – Iran’s president on Monday said the strengthening of the economic sector is the most effective way to confront sanctions.
-
Iran, Venezuela sign 19 cooperation documents
SHANA (Caracas) – Iran and Venezuela signed 19 cooperation documents and memorandums of understanding (MoUs) in Caracas on Monday.
-
Owji on Latin America tour to boost energy ties
SHANA (Tehran) – Iran’s Oil Minister Javad Owji on Monday began a tour of Latin America.
-
Raeisi begins three-legged tour, lauds Iran-Latam energy cooperation
SHANA (Tehran) – Iran’s President Seyyed Ebrahim Raeisi on Monday started his tour of Venezuela, Nicaragua, and Cuba.
-
Lawmaker hails Oil Ministry ‘successful’ energy diplomacy
SHANA (Tehran) – A member of Iran’s Parliament on Sunday praised the Oil Ministry’s economic and energy diplomacy.
-
Ambassador: Favorable opportunity created for Iran-Russia petrochemical cooperation
SHANA (Tehran) – Iran’s ambassador in Russia on Sunday said a favorable opportunity has been created for Tehran-Moscow cooperation in the petrochemical sector.
-
Oil minister: 64 projects to be inaugurated, 15 more to start this year
SHANA (Tehran) – Iran’s oil minister on Saturday said 64 semifinished and new projects worth $14.5 billion will become operational and the executive operations of 15 projects valued at $14.3 billion will begin this year.
-
Owji says Iran energy trade with neighbors will increase
SHANA (Tehran) – Iran’s oil minister on Wednesday said his ministry is seeking to increase the country’s share in energy trade with neighboring states.
-
Expert: Iran seeking greater role in gas trade with neighbors
SHANA (Tehran) – A senior energy expert said Iran is seeking to have a greater role in its gas trade with neighboring countries.
-
MP: Tehran-Ashgabat gas cooperation could turn Iran into region’s energy hub
SHANA (Tehran) – Tehran-Ashgabat cooperation in the gas sector could turn Iran into an energy hub in the region, said a lawmaker on Monday.