oil industry

Oil industry can play ‘pivotal role’ to promote Iran-Saudi interests

Iran’s oil minister says the oil industry can play a key role in promoting the mutual economic interests of Iran and…

Iran’s oil exports hit 4-year high

Iran's crude exports of about 1.5 million barrels per day (bpd) stand at their highest in more than four years, with…

Iran’s oil prices rose by $6 per barrel in August

Latest figures by the Organization of Petroleum Exporting Countries (OPEC) show Iranian oil prices rose by an average…

Fifteen precent surge reported in Iran's gasoline output

As the largest gasoline supplier, Iran has ramped up output by 15% this year compared to levels seen in 2022 amid a…

sixty seven oil, gas projects will be operational by mid-March 2024

Iran’s first vice president on Tuesday announced that 67 oil and gas projects will be put into operation by the end of…