Arab states willing to invest in Iranian oil sector :IFCO CEO
Chief Executive of Iranian Fuel Conservation Organization (IFCO) Hossein Hosseinzadeh said the Arab governments have shown high interest in investing in the Iranian oil sector.
energy
Iran says it hit record daily gas production in South Pars
Iran’s state-run Pars Oil and Gas Company says daily output from the field reached an all-time high earlier this week amid growing demand for natural gas in the country’s electricity sector.
Iran not worried that Trump may toughen oil sanctions: min.
Iran is not concerned that an incoming US administration led by Donald Trump may decide to toughen sanctions on the country’s oil exports.
Energy min inaugurates Khuzestan’s largest desalination plant
Iran's Energy Minister Abbas Aliabadi has inaugurated a major desalination plant in the southwestern province of Khuzestan, with a daily capacity of 25,000 cubic meters.
States to line up for Russia gas when US stops exporting LNG
When the United States stops exporting liquefied natural gas (LNG) in the next few years due to its own increased needs, Western countries will line up to Moscow for Russian gas, Serbian President says.
Iran, Uzbekistan decide to jointly invest in petrochemicals
Iran and Uzbekistan have decided to make a joint investment in producing petrochemical products.
Iran ramps up gasoline output amid rising demand
Iran has increased its gasoline output by more than 7% in the past two and a half months to respond to a growing demand that has forced the country to resume imports after more than a decade of self-sufficiency.
OPEC+ countries extend oil production cuts
OPEC+ countries have decided to extend voluntary oil production cuts of 2.2 mln barrels per day until the end of December, according to a statement published on the group’s site.
Oil prices drop after Israel's limited strikes on Iran
Oil prices fell by more than 5%, below $73 per barrel, after Israel's Saturday strike against Iran spared the country's oil installations, media reports.
Abadan Refinery not affected by Israeli regime’s attacks: CEO
Managing Director of the Abadan Oil Refining Company Hakim Ghayyem emphasized that all units and employees at the company continue operating normally.
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