Oji outlines Raisi administration’s oil industry achievements

TEHRAN - In a talk show on national TV, Iranian OIl Minister Javad Oji, explained how the late president, Ibrahim Raisi, was serious about developing oil industry projects.

By Elham Abedini

Iran Endures Over 70 Years of Global Imperialism Sanctions

Iran has faced economic sanctions for decades, The decision to nationalize Iran's oil industry led to the first set of sanctions against the country. However, after the Islamic Revolution, the sanctions took on a new level.

Sanctions, sabotage acts failed to halt Iran’s oil industry progress: Oji

TEHRAN - Iran’s Oil Minister Javad Oji has said that sanctions and acts of sabotage have failed to stop the country’s progress in the oil industry, with the Islamic Republic now exporting its oil to any destination it wants.

Knowledge for manufacturing 80% of oil industry equipment indigenized, says official

TEHRAN - Iran’s deputy oil minister said the country has succeeded in manufacturing 80 percent of oil parts and equipment domestically despite being under sanctions, Mehr news agency reported.

Oil sector’s nine-month growth surges 292%

TEHRAN - Iran’s oil sector achieved significant growth in the first nine months of the current Iranian calendar year (March 21-December 21, 2023), registering a 292 percent rise year-on-year. As Shana reported, the sector’s growth soared to 22.4 percent from 5.7 percent in the mentioned nine months.

Iran’s oil sector annual growth doubles despite sanctions

TEHRAN - Iran’s oil sector has witnessed a twofold increase in its annual economic growth in autumn 2023, the country’s Finance and Economic Affairs said on Tuesday.

Tourism, country’s economy best alternative to oil, MP says

TEHRAN – The tourism industry in Iran is the most viable alternative to the oil industry in terms of economic growth, a member of the Iranian parliament has said.

$200b of investment in oil industry planned for this year

TEHRAN- Iran plans to make investment as much as $200 billion in the oil industry, relying on domestic capacities and international contracts, in the current [Iranian calendar] year (started on March 21), Oil Minister Javad Oji has said.

Ahvaz Oil Show hosting 210 exhibitors

TEHRAN- Ahvaz Specialized Oil Industry Exhibition (Ahvaz Oil Show) kicked off on Sunday at Ahvaz International Permanent Fair Campus, Shana reported.

Iran plans to attract $125b of investment in oil industry

TEHRAN – Iranian Oil Minister Javad Oji has said his ministry is making necessary arrangements and planning for attracting $125 billion of foreign and domestic investment in the country’s oil industry within the next four to eight years, Shana reported.