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Category: Iran

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…

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