Oil Industry
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Economy & Politico
Iran oil nationalization victory over Western imperialism
The Iranian oil industry was nationalized due to a movement within the Iranian parliament to take control of the oil industry which was dominated by foreign interests…
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Economy & Politico
Iran, Belarus sign oil cooperation document
The memorandum of understanding (MoU) was inked by Iranian Oil Minister Javad Owji and Belarus’s Belneftekhim Chairman Andrei Rybakov on…
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Society & Culture
Iran’s Ahvaz; Land of water and sun
Located in the southwest of Iran, Ahvaz is the capital of Khuzestan province. It is situated on the banks of…
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Economy & Politico
Iran ranks 3rd in oil reserves globally: OPEC
According to the data, Iran is in possession of a total of 208,600 billion barrels of oil, which remained unchanged…
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Economy & Politico
Iran, Egypt oil ministers discuss energy market, trade
In a meeting on the sidelines of the 8th OPEC International Seminar, the two ministers exchanged views on the energy…
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Economy & Politico
Iran signed deals worth $40b in 20 months
Speaking at the second ministerial session of the 8th OPEC International Seminar entitled “Investments, finance and inclusive petroleum growth strategies”…
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Economy & Politico
Iran’s crude output up by 350k barrels per day in 2023
“Despite tough financial restrictions, Iran managed to increase crude oil output by about 130 kb/d in 2022 to an average…
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Economy & Politico
Iran inked ‘very good’ oil deals with Latin American states
Speaking to reporters after a cabinet session on Wednesday, Owji said the Iranian administration of President Ebrahim Raeisi resumed cooperation…
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Economy & Politico
Iran to continue to increase trade with neighbors
Iran has the second rank of gas reserves in the world, Owji told the reporters on the sidelines of the…
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Economy & Politico
SA pledges oil cuts in July as OPEC+ extends deal into 2024
Saudi’s energy ministry said the country’s output would drop to 9 million barrels per day (bpd) in July from around…
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