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Iran’s oil exports to rise 6.8% in 2021 if U.S. rejoins nuclear deal: report

1 March 2021 - 02:31
Fitch Solutions Incorporation, a subsidiary of Fitch Ratings, which is one of the U.S.’s three biggest credit rating agencies, has forecasted a 6.8-percent growth for Iranian oil exports in 2021 if the U.S comes back to the 2015 nuclear deal.

3 key pipelines launched to transfer oil products

23 February 2021 - 02:02
During a ceremony held via video conference, three major pipelines for the transfer of oil products were launched on Monday.

Jask oil terminal’s 2nd offshore line’s pipe laying completed

21 February 2021 - 02:32
The construction of the second 36-inch offshore oil pipeline of the Jask crude oil export terminal has been completed, the operator of Jask oil terminal project in southern Iran announced.

Oil production by Iran rises 62,000 bpd in January: OPEC

12 February 2021 - 21:52
Iran produced 2.084 million barrels per day (bpd) of crude oil in January, registering a 62,000-bpd increase compared to the last month of 2020, according to OPEC’s latest monthly report published on Thursday.

TEDPIX up 3.4% in a week

12 February 2021 - 21:49
TEDPIX, the main index of the Tehran Stock Exchange (TSE), rose 3.4 percent in the past Iranian calendar week.

NIDC digs 117 oil, gas wells in 10 months

9 February 2021 - 00:51
National Iranian Drilling Company (NIDC) dug and completed digging operation of 117 oil and gas wells during the first nine months of the current Iranian calendar year (March 20, 2020 – January 19, 2021), according to the managing director of the company.

Petchem industry is Iranian economy’s driving force: VP

6 February 2021 - 21:04
First Vice-President Es’haq Jahangiri has stressed the significance of the petrochemical industry for the Iranian economy, calling it one of the country’s major driving forces.

South Pars development nearly completed

6 February 2021 - 20:36
The managing director of Pars Oil and Gas Company (POGC), which is in charge of developing Iran’s giant South Pars gas field, has said that the development of the mentioned field is nearly completed and all phases of the field will be fully operational in near future.

India will resume Iran’s oil imports if sanctions eased

6 February 2021 - 20:33
The chairman of state-run Hindustan Petroleum Corp said that the Indian refiners will resume imports of Iranian oil if the United States eases sanctions against Tehran, Reuters reported.

Biden poised to freeze oil and coal leasing on federal land

29 January 2021 - 14:32
President Joe Biden is poised to suspend the sale of oil and gas leases on federal land, which accounts for about 10% of US supplies, according to four people familiar with the matter.
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