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Category: Iran

Azerbaijan, Iran to speed up work related to HPPs

Azerbaijan and Iran discussed the issues arising from the implementation of the “Khudafarin” and “Giz Galasi” hydro junctions and hydroelectric power plants projects and the…

Baku and Tehran agreed to double gas supplies from Turkmenistan to Azerbaijan via Iran

Azerbaijani Economy Minister Mikayil Jabbarov and Iranian Oil Minister Javad Ouji signed a memorandum of understanding in Baku on Friday, according to which gas supplies…

Russia and Iran discuss swapping supplies for oil and gas, goods logistics

Russia and Iran have discussed swapping supplies for oil and gas as well as setting up a logistics hub, Russian Deputy Prime Minister Alexander Novak…

US confiscates in Greece the Iranian oil transported on Russian tanker

The US Department of Justice confiscated Iranian oil in Greece, transported on a Russian tanker According to Greek authorities, the 2003 Lana tanker, which sails…

Iran announced its readiness to increase oil exports as soon as possible

Iran is ready to increase oil exports as soon as possible in order to stabilize the market, the Minister of Oil of the Republic Javad…

Turkey has limited gas consumption for energy after the suspension of supplies from Iran

Turkey limits the volume of gas consumption for large power plants and industry due to the temporary cessation of supplies from Iran, the pipeline operator…

Iran-Backed Houthis Claim Drone Strikes on UAE

Iran-backed Yemeni fighters said they launched drone strikes on the United Arab Emirates that caused explosions and a fire on the outskirts of the capital…

Tehran, Moscow may sign strategic deal

Iran and Russia may sign a strategic agreement that would help Iran develop its gas sector, said President of Vienna Energy Research Group in Austria…

Gas swap continues under contract between Turkmenistan, Iran and Azerbaijan – minister

Currently, within the framework of the agreement on swap supplies signed between Iran, Azerbaijan and Turkmenistan, 4-4.5 mcm of gas per day are imported from…

Iran ready to supply Turkmen gas to Azerbaijan

Iran is ready to supply Turkmen gas to Azerbaijan, said the executive director of the Iranian gas transmission company Mehdi Jamshidi Dana. According to him, the…

Azerbaijan Delegation Meets Iran Petroleum Minister

Iranian Minister of Petroleum Javad Owji hosted a meeting with a delegation of the Republic of Azerbaijan headed by the CEO of SOCAR in Tehran…

Iran ready to connect electricity grid to Azerbaijan, Russia

Emphasizing readiness of Iran to develop and continue exchange of electricity between Iran and Azerbaijan, Iranian Energy Minister said that Iran is ready to connect…

Azerbaijan and Iran to sign another Memorandum of Understanding in the field of oil

In the coming weeks, a Memorandum of Understanding will be signed between Iran and Azerbaijan in the field of oil, gas and the development of…

Iran plans to finance oil projects through oil barter

The Iranian Oil Ministry is taking the necessary measures to exchange crude oil and gas condensate for raw materials, equipment or investments to complete the…

Iranian condensate to help PDVSA boost crude output at key projects, official says

Venezuelan state-run oil company PDVSA will use a cargo of Iranian condensate that arrived in the country last week to boost output at three key…

Iran to Boost Oil Output in Ilam Province

Iranian Minister of Petroleum Javad Owji said Iran’s oil production in the western province of Ilam is projected to increase by 100,000 barrels per day….

Turkmenistan and Iran agreed to settle the gas issue

On September 17, the President of Turkmenistan Gurbanguly Berdimuhamedov met with Iranian leader Seyed Ebrahim Raisi in Dushanbe.  The parties discussed the state of current…

Iran will continue to sell oil despite US sanctions

Despite the brutal sanctions imposed by Washington against Tehran, Iran can find buyers for its oil, said the country’s new oil minister, Javad Ovji. The…

Iran Petroleum industry book review

The present piece of writing reviews major books written on the history of Iran’s petroleum industry From Tehran to Caracas This two-volume book compiles memories…

Iran To Export First Oil Bypassing Strait Of Hormuz

Iran looks to export its first oil cargo from a terminal on the Sea of Oman without the need for tankers traveling through the Strait…

Iran has lost about $ 100 billion in oil revenues since 2018 due to US sanctions

Iran has lost about $ 100 billion in oil revenues since 2018 due to US sanctions that impeded sales, said the Iranian Oil Minister Bijan Namdar…

Ebrahim Raeisi Elected Iran’s New President

With more than 90% of the ballots in Iran’s presidential election counted, Seyed Ebrahim Raeisi has won over 17.8 million votes, becoming the winner and…

Iran starts electricity import from Azerbaijan

In order to reduce restrictions on electricity supply, electricity imports from Azerbaijan began on Thursday, said Iranian Energy Ministry’s Spokesman for Electricity Industry Mostafa Rajabi…

Celebrating 50th anniversary of joint operation of Aras and Mil-Mugan dams

On the occasion of the 50th anniversary of the joint operation of Aras and Mil-Mugan dams built along the Aras River, an anniversary ceremony was…

US imported oil from Iran for first time since 1991

Iran, for the first time since November 1991, exported oil to the US in the amount of 33,000 barrels per day, according to the Energy…

Iran’s veteran Oil Minister Zanganeh to retire, closing his career

Iran’s veteran oil minister, Bijan Namdar Zanganeh, will retire when President Hassan Rouhani’s term ends this year, closing a career that started with the birth…

Iran-Turkey gas pipeline to be stopped for scheduled repairs for three weeks

The gas pipeline from Iran to Turkey will stop for scheduled repairs from May 28 to June 20 (for 24 days),  Turkish pipeline operator Botas…

Iran increases oil production to highest in 2 years despite sanctions

Iran, the fourth biggest oil producer in OPEC, increased production by 110,000 barrels per day in March 2021, to 2.3 million barrels per day, Report informs referring to the International Energy…

China increasing Iranian oil imports despite US sanctions

China is building up oil imports from Iran while all other market participants are waiting for US President Joe Biden to lift sanctions on Tehran, Report…

Iran, Azerbaijan Resume Construction of Joint Hydropower Plants

The Iranian and Azerbaijani officials have agreed to move ahead with the construction of dams and hydropower plants on the border river of Araz, which…

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