Over 70% of oil industry equipment localized: Iran
SHANA – A senior Iranian industrial official says the country has indigenized manufacturing of over 70% of the equipment used in the…
Tag Archives: Iran oil industry
Iranian builders supply 85% of oil industry equipment
SHANA — The chairmen of the board of directors of the Iranian Oil Industry Equipment Manufacturers Association said that the share of…
Iran wants to start oil & gas production in this disputed hotspot
OilPrice | Simon Watkins: Given the array of sweetener deals in the oil and gas sector promised to Russia by Iran in…
Why Namavaran discovery is a breakthrough
SHANA | Negar Sadeqi: Iran’s President Hassan Rouhani, during a provincial tour of Yazd in October, said the country’s second largest oil…
Purchase of quality items required in oil industry, guaranteed
SHANA – Iranian Ministry of Petroleum has set up a new initiative to support domestic manufacturers by guaranteeing purchase of their quality…
Efforts to block Iran’s oil industry failed, Zanganeh says
Tasnim – Iranian Oil Minister Bijan Namdar Zanganeh highlighted the ineffectiveness of US sanctions against the Islamic Republic’s oil sector and said…
Offshore sections of 27 South Pars phases fully developed in 2020
SHANA – Iranian Minister of Petroleum Bijan Zangeneh said that the offshore sections of 27 South Pars phases would be fully developed…
Oil minister cautions against cyber attacks on oil industry
IRNA – Iranian Oil Minister Bijan Zangeneh on Sunday emphasized that all companies and facilities of the oil industry should exercise full…
Iran oil industry developing despite sanctions: official
MNA – A senior Iranian oil official said that the industry is developing in the country despite the US’ economic sanctions. Speaking…
Iran’s leading petchem plant improves ICIS ranking despite sanctions
MNA – The ICIS has ranked Iran’s Persian Gulf Petrochemical Industries Company (PGPIC) 35th in ICIS Top 100 Chemical Companies for 2019.…
Sanctions failed to stop Iran’s oil industry: Zanganeh
MNA – Iranian Oil Minister Bijan Zanganeh said that US sanctions have failed to stop Iran’s oil industry. He made the remarks…
Iran’s oil product exports booming despite US sanctions: Shipping data
Tasnim – Despite US sanctions on Iran’s oil industry, oil product sales from the Islamic Republic remain strong at nearly $500 million…
Sinopec still negotiating to develop Iran’s Yadavaran oilfield
Tehran Times – Managing director of Iran’s Petroleum Engineering and Development Company (PEDEC) has said the company is still negotiating the second…
What role for oil in Iran’s private sector?
Financial Tribune – Private sector in Iran cannot make miracles happen in international oil business under the sanctions regime as it was…
NISOC to offer 3 new contracts for developing oil reservoirs
Tehran Times – National Iranian South Oil Company (NISOC) has finalized three new development packages worth 39 trillion rials (about $928.5 million)…
‘Major projects planned to prevent flare gas waste’
Tehran Times – Iranian Energy Ministry has major plans to make use of flare gas burnt or vented in oil and gas…
Daily gasoline output exceeds consumption by 15m liters: Zanganeh
Tehran Times – Iranian Oil Minister Bijan Namdar Zanganeh said on Tuesday that the country’s daily gasoline production is 15 million liters…
Iran to export petrol from Persian Gulf refinery
IRNA – Persian Gulf refinery in southern Iran has joined petrol export market selling its product in energy bourse, according to the…
1,100km pipeline to link Jask port to oil terminal in Bushehr
Financial Tribune – Construction of a 1,100km 42-inch diameter pipeline to transfer crude oil to the southeastern port of Jask in Hormozgan…
NIDC digs 41 oil, gas wells in 4 months
Tehran Times – National Iranian Drilling Company (NIDC) dug and completed digging operation of 41 oil and gas wells during the first…
‘NIGC moving toward complete self-sufficiency in face of sanctions’
Tehran Times – Saied Pakseresht, director of research and technology at National Iranian Gas Company (NIGC), said the company is nearly self-sufficient…
Oil to be swapped for revival of Rey power plant: official
MNA – Head of Thermal Power Plants Holding Company Mohsen Tarztalab announced that, according to a contract, some part of the required…
Iran produces 63 mcm gas condensates in joint field shared with Turkmenistan
MNA – Chief Executive of Iranian Central Oilfields Company (ICOC) Seyed Abolhassan Mohammadi revealed the daily production of 63 million cubic meters…
Uptrend in Iran’s petrochem exports, domestic sales
Financial Tribune – Petrochemicals exports have increased by 3% in the last seven years, Majlis Research Center said in a report. “The…
”Maximum pressure” campaign fails to kill off Iran’s oil exports
Oil Price | Nick Cunningham: U.S.-Iran tensions are once again heating up, even as Iran has so far managed to stabilize oil…
10 steps in purchasing oil at IRENEX: Report
MNA – Purchasing oil from Iran Energy Exchange (IRENEX) includes 10 steps, which are usually announced a week before offering oil at…
Expansion of Iran’s Persian Gulf Star refinery on track
Financial Tribune – Construction work is over on the first stage of the fourth phase of Persian Gulf Star Refinery in southern…
Gigantic offshore platform being shipped to Iran’s southern gas field
Tasnim – The third platform of Phase 14 of Iran’s South Pars gas field, which has been built by domestic experts, was…
Iran’s outstanding scientific knowhow outstrips oil, gas
MNA – Vice-President for Science and Technology Sorena Sattari said that formation of three major scientific waves in the country caused other…
All SP phases, except ph. 11, to come online by Mar. 2021
MNA – Iran’s Oil Minister Bijan Namdar Zanganeh announced on Saturday that by March 2021, all phases of the South Pars gas…
Iran has no intention of withdrawing from OPEC – Iranian oil minister
Sputnik – In May, Iranian authorities vowed to retaliate if their interests in the Organisation of Petroleum Exporting Countries (OPEC) are harmed.…
Iran’s gas production hits 7.4% growth
MNA – Statistics showed that gas production volume in the country hit a 7.4 percent hike in the last year (ended March…
NIDC drills 17 oil wells in 60 days
SHANA – The National Iranian Drilling Company (NIDC) spudded 17 oil and gas wells in the first two months of the current…
Arvand oil field and $135mn investment potential
SHANA – Until a couple of years ago, development of the oil and gas fields Iran shares with neighboring countries had been…
Iran to offer 13 oil, gas blocks
Financial Tribune – The National Iranian Oil Company is interested in working with local firms willing to take a reasonable amount of…
Iranian National Oil Company opens office in Iraq
Al-Monitor | Adnan Abu Zeed: The National Iranian Oil Company (NIOC) decided May 4 to open an economic representative office in Iraq.…
Iran Oil Show 2019: ‘Iran not alone in oil market’
MNA – European exhibitors participating in the 24th International Oil, Gas, Refining and Petrochemical Exhibition of Iran (Iran Oil Show 2019) believe…
Persian Gulf Star Refinery’s capacity to reach 540,000 bpd
Tehran Times – Daily processing capacity of Iran’s Persian Gulf Star Refinery is going to reach 540,000 barrels per day (bpd) by…
Nouri petchem plant sufficient to supply Iran’s total para-xylene demand
MNA – Nouri Petrochemical Plant in the southern Iranian Bushehr province can now supply all the para-xylene needed in the country, the…
Iran Oil Show 2019 slated for early May
MNA – The 24th Iran International Oil, Gas, Refining and Petrochemicals Exhibition (Oil Show 2019), as one of the most significant oil…