A senior official from the National Iranian Oil Refining and Distribution Company (NIORDC) announces an increase of 15 million liters in the country's daily oil production over the four months of the new government's term.
The President of the Isfahan Chamber of Commerce, Industries, Mines, and Agriculture stated that today, industries and economic actors in this sector are facing challenges in production and energy supply, an issue that must be addressed urgently, as emphasized by the esteemed governor.
Mohsen Paknejd, the Iranian oil minister, was elected as the rotating president of the Organization of the Petroleum Exporting Countries (OPEC) on Tuesday.
An international oil industry executive says US sanctions on Iran have failed to remove the country’s oil supply from the markets.
Iran's Oil Minister says increasing the country's oil production capacity has no connection to potential restrictions or their increase, adding that boosting production capacity is a priority for the Ministry of Petroleum.
A spokesman of the US Department of State says that Washington has extended the sanctions wavers to Iraq for electricity imports from Iran.
The Iranian capital will host the 26th ministerial meeting of the Gas Exporting Countries Forum (GECF) on November 6-8, according to a senior official of the Iranian Oil Ministry.
Iran’s Minister of Economic Affairs and Finance Abdolnasser Hemmati, announced that Iran and the OPEC Fund have agreed to welcome Iranian private investors in joint projects.
The Iranian Oil Ministry says natural gas exports to neighboring Iraq have continued normally in recent days despite Iraqi government officials' statements that there has been a major reduction in the supplies.
The CEO of the National Iranian Oil Company (NIOC) has said that the country's daily oil production volume has increased by 60,000 barrels.
