$25 bln petchem output, indication of curbing sale of raw materials: Zangeneh
SHANA — Iranian Minister of Petroleum Bijan Zangeneh said preventing sale of raw materials including crude oil and gas was one of…
Tag Archives: Iran petroleum industry
China updates deal to invest $400 billion in Iran: Report
Press TV – Iran and China have updated a 25-year deal signed first in 2016 that foresees $400 billion of Chinese investment…
Can Iran combat corruption in petroleum sector?
Al-Monitor | Bijan Khajehpour: Iran’s anti-corruption campaign has gained a rare momentum. There is regular reporting about new arrests and court cases…
Doroud awaiting foreign investment
SHANA — Iran’s 2015 historic nuclear deal with the West is known as the biggest important event in the petroleum industry in…
Export of petchems, petroleum products satisfactory: Min.
SHANA — Iranian Minister of Petroleum Bijan Zangeneh described the current state of Iran’s export of petrochemicals and petroleum products as satisfactory.…
Petroleum industry key in Iran economy: MP
SHANA — A member of the Iranian parliament said that the petroleum industry played a key role in the country’s economy. Sekineh…
Iran petrol output at 76 ml/d
SHANA — Iran’s petrol production capacity stands at 76 million liters per day and its gasoil output is 44 ml/d on average,…
Iran kicks-off construction of petro-refinery on Oman coast
IRNA- Director of the projects of the National Iranian Petrochemical Company said that the construction of a large petro-refinery complex began in…
How to counter oil sanctions
SHANA — We view sanctions as the conditions or the scope of project, i.e. assessing every factor, which is likely to affect…
National petroleum; from beginning to end
SHANA — Born in 1908, Iran’s petroleum industry went through ups and downs during the first four decades of its life. Throughout…
Iranian petroleum revenues in H1 exceed expectations
MNA – Iranian Oil Minister Bijan Namdar Zanganeh said on Tuesday the country’s petroleum revenues had exceeded expectations by 25% in the…
Iran to launch 50k-ton POL jetty at Chabahar port
SHANA – Plans are under way to install a new petroleum oil jetty which will be able to berth vessels with up…
Partnership of private sector in swap, export of petroleum products
SHANA — The CEO of the National Iranian Oil Products Distribution Company (NIOPDC) said plans were under way to involve the domestic…
Petrol output of Persian Gulf Star Refinery hits 27.5ml/d
SHANA — The petrol output of Bandar Abbas Gas Condensate Refinery, also known as Persian Gulf Star Refinery, has reached 27.5 million…
Trump orders ‘significant reduction’ in petroleum purchased from Iran
Sputnik – A high-profile Iranian official has pointed out that the potential US sanctions that US President Donald Trump touched upon last…
Iran to launch $1b refinery in Syria
SHANA — Iran’s Research Center of Petroleum Industry (RIPI) is to launch a refinery in Syria, a RIPI official said. Addressing a…
Iran ready to implement gas, oil projects in Iraq: Minister
IRNA – Iran’s Minister of Petroleum said on Wednesday that Iranian companies are ready to implement gas and oil projects in Iraq.…
Veep lauds petroleum industry performance
Shana — First Vice President Eshaq Jahangiri honored Iranian Ministry of Petroleum’s achievements over the past 4 years, saying the ministry could…
Free gas export to Turkey sparks controversy in Iran
IFP- Iran’s free gas export to Turkey has given rise to a considerable controversy in the country with some calling it a…
Foreign oil firms presence conducive to Iran petroleum sector
Shana — Iranian Minister of Petroleum Bijan Zangeneh said presence of foreign developers in oil and gas projects in Iran would ensure…
Iran sells $8.2bn petroleum products
MNA – With replacement of petroleum products with natural gas in the country’s energy basket, Iran managed to export 165 million barrels…
Iran, Iraq mull 2 oil deals
SHANA- Tehran and Baghdad are in talks to strike deals regarding development of two joint oilfields, a senior Iranian petroleum official…
Export of petroleum products exceeds 61m liters a day
TEHRAN, Aug 10 (Shana) – Director of the National Iranian Oil Products Distribution Company (NIOPDC) Nasser Sajjadi said on Tuesday that daily…
Iran sustainable exporter of petroleum products: Official
TEHRAN, Aug 10 (Shana) — A senior petroleum official says for the first time in Iran’s oil history, the country became a…
Foreign companies keen to help Iran construct petroleum equipments
TEHRAN, June 7 (Shana) — Several foreign companies have declared interest in cooperation with Iran in construction of technical petroleum equipments, senior…
Iran ups energy diplomacy
TEHRAN, March 15 (Shana) – Undoubtedly, Iran’s petroleum industry is the most attractive sector for foreign investment after the January implementation…
Iran says US companies welcome to invest in petroleum sector
TEHRAN, Iran (AP) — U.S. companies are welcome to invest in Iran’s oil and gas industry, the Iranian oil minister said on…
Hellenic petroleum buys 60 kb/d crude oil from Iran
TEHRAN, Feb. 20 (Shana) – Greek’s Hellenic Petroleum will purchase 60 thousand barrels a day of crude oil from Iran which…
Petchem, petroleum companies most lucrative companies
TEHRAN, Jan. 27 (Shana) – Assessments by Industrial Management Institute of Iran indicated that petroleum and petrochemical companies have brought the country…
Iran expects rapid economic growth thru new oil contracts
TEHRAN Oct. 19 (Shana) – Iran is likely to see major economic development under the new oil contracts it is to present…
Iran petroleum, energy congress opens amid post-sanction setting
TEHRAN Oct. 19 (Shana) – Only one day after formal end to sanctions, the Iranian Petroleum and Energy Club 2015 Congress and…
No reformate in petrol output
TEHRAN July 29(Shana)–Head of the Department of the Environment (DOE) says the reformate content of all the petrol produced inside Iran is…
Iran petrol output at 63ml/d
TEHRAN July 26 (Shana)–9 Iranian refineries account for production of 63 million liters of gasoline every day, a top petroleum official said.…
Petroleum transit at Anzali port up 118%
TEHRAN June 30(Shana)–The volume of the petroleum goods transited from Anzali port, north of Iran, rose by 118% year-on-year during spring. Managing…
NIOC hits back at Iran MPs
TEHRAN June 20(Shana)–National Iranian Oil Company (NIOC) has struck back at a group of lawmakers who have complained about the marginalization of…
Iran to distribute 23ml euro-4 petrol
TEHRAN June 13(Shana)–Iran’s Ministry of Petroleum plans to distribute 23 million liters of euro-4 gasoline in the current calendar year to March…
Iran bracing for enhanced world petchem ties
TEHRAN April 29(Shana)–Iranian Deputy Petroleum Minister of Petrochemical Affairs has said the major progress in Iran’s nuclear talks with world powers has…
Iran oil sector needs $30b a year
TEHRAN Feb 28(Shana)–Iran’s petroleum industry needs $30 billion in investment annually for its development projects, a deputy petroleum minister said. “The petroleum…
India firms ready to invest in Iran petchem
TEHRAN Feb 18(Shana)–Indian companies have expressed their readiness to invest in Iran’s petrochemical sector, the head of National Petrochemical Company said. “Since…
Iran oil industry needs money
TEHRAN Feb 16(Shana)–Iran’s petroleum minister has said that the country’s petroleum industry needs finance. “The petroleum industry needs financial resources,” Bijan Namdar…