Oil industry is driving force of Iran’s economy: PBO chief
TEHRAN, May 11 (DID) – The head of Iran’s Plan and Budget Organization (PBO) described the oil, gas, refining and petrochemical industries as the driving force of the country’s economy.
TEHRAN, May 11 (DID) – The head of Iran’s Plan and Budget Organization (PBO) described the oil, gas, refining and petrochemical industries as the driving force of the country’s economy.
TEHRAN, Mar. 24 (DID) – An official at Iran’s Oil Ministry responded to certain media claims regarding the country’s oil sales, emphasizing that Iran’s oil trade complies with all accepted standards and norms in oil transactions.
TEHRAN, Mar. 24 (DID) – An official at Iran’s Oil Ministry responded to certain media claims regarding the country’s oil sales, emphasizing that Iran’s oil trade complies with all accepted standards and norms in oil transactions.
TEHRAN, Mar. 19 (DID) – The nationalization of the oil industry in the Islamic Republic of Iran is the manifestation of a clear-cut victory over Western imperialism.
TEHRAN, Mar. 12 (DID) – Iran started gas production from its first infill well at South Pars, the country’s largest gas field in the Persian Gulf, increasing supply to meet growing energy demand.
TEHRAN, Mar. 05 (DID) – Iran’s Oil Minister Mohsen Paknejad and Iraq’s Minister of Electricity Ziad Ali Fadel met on Wednesday to discuss improving cooperation in energy sectors including oil, gas, petrochemicals, and electricity.
TEHRAN, Mar. 03 (DID) – National Iranian Oil Company (NIOC) has set official selling prices (OSP) for Iranian crude oil in March, so that Iran’s light crude oil will be priced $4.35 above the benchmark price (Oman/Dubai crude) for Asian customers.
TEHRAN, Feb. 27 (DID) – Moscow has suggested that Baghdad move to joint standards of oil and gas equipment, which is necessary for organizing supplies from Russia, Russian Energy Minister Sergey Tsivilyov told reporters.
TEHRAN, Feb. 23 (DID) – Secretary General of the Organization of Petroleum Exporting Countries (OPEC) Haitham Al Ghais says that the oil industry needs $17.4 trillion worth of investment.
TEHRAN, Feb. 22 (DID) – US President Donald Trump’s administration is piling pressure on Iraq to allow Kurdish oil exports, a report says.
TEHRAN, Feb. 22 (DID) – US President Donald Trump’s administration is piling pressure on Iraq to allow Kurdish oil exports, a report says.
TEHRAN, Feb. 20 (DID) – Iranian crude oil flows to China have rebounded this month after a US sanctions on shipments launched in late 2024 decimated them in January.