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Former Iranian Oil Minister Mohsen Paknejad

POLITICS

Former minister rejects Trump claim, says Iran's oil production, exports continue

Paknejad rejected Trump’s claim that he resigned because Iran had “no economy” and “no oil,” saying Iranian oil production and exports continued despite sanctions.

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REPORTS

Redefining oil nationalization: Iran becomes 75% self-sufficient in oilfield equipment

Iran’s oil minister says 75 percent of oilfield equipment used in development projects is fully homegrown.

REPORTS

Iran marks 73rd anniversary of oil industry nationalization

Iran marks the 73rd anniversary of the nationalization of its oil industry.

ENERGY

Iran launching $1.43bn petrochemical plant in Gachsaran

Iran is launching a major petrochemical plant that heavily relies on home-made equipment.

gachsaran petrochemicals

ENERGY

Iran, Saudi ministers discuss joint investment in oil, gas industry

Iranian Oil Minister Javad Owji and Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman Al Saud have exchanged views about the possibility of joint investment in the oil and gas industry.

OPEC

INFOCLIPS

Nationalization of Iran’s oil industry

In March 1951, Iran’s parliament voted to nationalize the country’s oil industry.

ENERGY

Iran in talks to supply oil equipment to Belarus: Official

Iran is in talks to supply raw material, equipment and technology to Belarusian petroleum sector.

raeisi lukashenko

ENERGY

Home-made giant valves supplied to mega oil project in Iran

An Iranian firm is manufacturing technologically sophisticated valves for a mega oil project in the south.

iran oil industry

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