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Category: Iran

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…

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