Iraqi expert says no alternative for imported gas from Iran
An Iraqi energy expert says there is no alternative for gas imported from Iran after the US Trump administration refused to extend the sanctions waivers for Baghdad.
US maximum pressure campaign has failed
Iran’s Petroleum Minister Mohsen Paknejad says the US maximum pressure campaign against Iran has failed.
Turkey transits Russian gas to Slovakia
Slovakia on Thursday said the country is now receiving gas from Russia through Turkey, a month after Ukraine halted flows through its territory.
Pres. Pezeshkian:
OPEC member states’ unity to neutralize US sanctions impact
Iranian President Masoud Pezeshkian says that unity and amity between member states of the Organization of Petroleum Exporting Countries (OPEC) will neutralize the US sanctions.
Oil min. warns unilateral sanctions destabilize oil market
Iran’s Oil Minister Mohsen Paknejad met Secretary-General of Organization of Petroleum Exporting Countries (OPEC) Haitham al-Ghais on Wed., saying unilateral sanctions against major oil producers threaten global energy market.
Iran breaks 10-year oil export record in one month: Oil min.
Iran’s oil minister said on Wednesday that the country has broken a 10-year record in oil exports in the Iranian month of Dey (December 20, 2024 to January 20, 2025) thanks to the unflinching efforts of oil industry workers.
Iran’s gas industry witnesses salient progress since 1979
Since the victory of the Islamic Revolution in 1979, Iran has emerged as a global leader in natural gas production and distribution, with the gas industry playing a key role in the country's energy supply and economic growth.
Iran’s petrochemical output up 3.5% y/y in 9 months
Iran has increased its petrochemical output this year despite energy supply restrictions imposed on industries in the country.
SP pressure boost project contracts worth $17b to be signed
Engineering and Development Manager of the National Iranian Oil Company (NIOC) has said that seven executive contracts for the South Pars (SP) pressure boost project, valued at $17 billion, are ready to be signed soon.
Oil output to surge by 10,000 bpd with developing 3 oilfields
The development plan for three oilfields namely “Soumar”, “Saman”, and “Delavaran” in western Iran will increase the oil production volume by 10,000 barrel per day (bpd).