On the eve of the second anniversary of the 13th administration, sanctions imposed on Iran have not been eased. However, Iran’s oil production has kept rising in the process. Furthermore, gas production and export capacity as well as petroleum products export has experienced growth.

Referring to the negotiations of the Ministry of Foreign Affairs regarding the development of the Arash field, the oil minister said: We expect to resolve the issues related to this field through negotiations with the Kuwaiti side. The Islamic Republic of Iran does not miss its share in Arash Square.

The US Department of Justice admitted to the seizure of a multi-million dollar shipment of crude oil related to the Islamic Revolutionary Guard Corps that was bound for another country.

After 36 hours of efforts, the severe leakage and eruption of oil and gas from Shadgan Well No. 1 was contained with the cooperation of the experts of the National Iranian Drilling Company and the National South Oil-bearing Regions Company. According to Energy Press report, quoted from National Iranian Drilling Company, Shahram Shamipour, deputy CEO

Oil prices fell on Tuesday amid concerns over the possibility of further interest rate hikes in the US, which could affect fuel demand, as well as a tropical storm approaching the US Gulf Coast region. According to Energy Press, oil prices fell on Tuesday (September 7th) due to concerns about the possibility of a further

Iran Oil Pipelines and Telecommunications Company intervened to help contain the fire of Gore-Jask crude oil pipeline.According to Energy Press, according to the Iranian Oil Pipeline and Telecommunications Company, the 42-inch Gore-Jask crude oil pipeline from the projects owned and implemented by the Oil Engineering and Development Company (Metan) caught fire this morning (Monday, September