Search Result for "Iran"

Using Oil Bargaining Chip on Iran Nuclear Deal Negotiation Table

As the Ukraine crisis is increasing the West’s need for energy from other sources than Russia. Many experts refer to Iranian energy resources as a potential solution to the current energy crisis and a factor that can stabilize the fluctuated oil markets.

Saudi-Iranian Rapprochement Reshapes Regional Geopolitical Scene

After years of tension that involved suspected attacks and proxy wars in several parts of the region, the archrivals, Saudi Arabia and Iran, decided to reestablish diplomatic relations. The China-brokered Saudi-Iran rapprochement is seen as a major diplomatic breakthrough that may alter the regional geopolitical scene.

Iran to Restart a Gas Pipeline to Oman

During his visit to Oman, Iranian Petroleum Minister Javad Owji agreed to revive a pipeline project to pump gas from Iran to the country.

Iran Expands Oil Trade with Top Buyer China

China's oil imports from Iran have hit a record high as Iran ramps up output despite the threat of further US sanctions.

Iran Oil, Gas Production on Rise Despite Economic Challenges

Iran has stated that its crude oil production increased to 3.2 million barrels per day (mmbbl/d) according to Iranian Minister of Oil Javad Owji.

Iraq to Pay $2.76B in Gas, Electricity Debt to Iran

After securing a sanctions waiver from the United States, Iraq agreed to pay Iran $2.76 billion in gas and electricity debt, a senior official in the Iraqi foreign ministry said, Reuters added.

Iran Strives to Increase Gas Production

The Pars Oil and Gas Company (POGC) announced on Monday that Iran's gas production capacity in the South Pars gas field will exceed 730 million cubic meters per day (mcm/d) during the winter of the upcoming Iranian calendar year, which begins on March 21, 2024.

Iran to Increase Oil Production to 3.6 mmbbl/d

Iran plans to increase its oil production to reach 3.6 million barrels per day (mmbbl/d) by the end of the current Iranian calendar year, which concludes on March 20, 2024, said Iran’s oil minister Javad Owji.

Iran, China Sign MoU in Petrochemicals

Iran announced that it has signed a memorandum of understanding (MoU) with China to provide technical know-how and implement a project of Fanavaran Petro Olefin Company.

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