Iraq declares discovery of huge oil field
The state-owned Iraqi Midland Oil Company said that it has discovered huge oil reserves in the East Baghdad oil field.
energy
Tehran, Moscow agree on gas pipeline route via Azerbaijan
Russia and Iran have agreed on a gas pipeline route to the Islamic republic through Azerbaijan, negotiations are in the final stage of agreeing on the price of supplies, Russian Energy Minister Sergey Tsivilyov told reporters.
Gas output increases 1.7 mcm at South Pars Phase 13: official
The deputy chief executive of Pars Oil and Gas Company (POGC) for development affairs announces gas production capacity at South Pars Phase 13 has increased by 1.7 million cubic meters (mcm) per day.
SP produces 220,000 barrels of gas condensate in 9 months
Iran's South Pars Gas Field Refinery 4 director said on Monday that the facility produced over 220,000 barrels of gas condensate in the first nine months of the current Iranian year (started March 21, 2024).
Iran exports $10 bn petrochemicals in 9 months: NPC chief
Iranian Minister of Road and Urban Development Farzaneh Sadegh and Russian Minister of Transport Roman Vladimirovich Starovoyt have evaluated agreements and understandings between the two countries.
Iran’s energy minister visits Iraq to discuss bilateral coop.
Iran's Minister of Energy, Abbas Aliabadi, has arrived in Baghdad to discuss bilateral cooperation with Iraqi officials, especially in the field of energy.
Sweet gas output surpasses target by 22 mcm: NIGC
The CEO of the National Iranian Gas Company (NIGC) has announced that the company exceeded its target for injecting sweet gas into the national grid this winter, with daily records reaching 872 million cubic meters (mcm).
Iran's oil exports continue despite sanctions
Iran's oil exports continue in spite of the ongoing and intensifying US sanctions targeting the country's oil industry and speculation about a decline in Iran's oil exports is entirely unfounded and baseless.
Iran’s official oil prices for January released
The National Iranian Oil Company (NIOC) released the official selling prices for Iranian crude oil in January 2025.
world price of oil; Brent was 76 dollars and 43 cents
The price of a barrel of Brent North Sea oil today decreased by 8 cents equal to 0.10% to 76 dollars and 43 cents.
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