Iran will develop oil industry despite US sanctions – Zanganeh says
Reuters – Iran is determined to develop its oil industry in spite of U.S. sanctions imposed on the country, Iranian Oil Minister…
Tag Archives: Iran’s oil industry
President Rouhani: Iran’s oil industry not to be halted by sanctions
IRNA – Iranian President Hassan Rouhani announced that the US unilateral sanctions have failed to bring Iran’s energy projects to a halt.…
Fire in waste canal at Iran’s Abadan refinery under control – state media
Reuters – A fire in a canal carrying waste from Iran’s Abadan oil refinery was brought under control on Sunday, state media…
India, Iran explore new trade routes
Livement – Iran expects to conclude a preferential trade agreement with India this year that will allow the two countries to cut…
Iran Euro-4 petrol output at 76 ml/d in March 2019: Oil min.
MNA – Iranian Minister of Petroleum Bijan Zangeneh said the country was currently producing 76 million liters per day of Euro-4 petrol…
SZOGPC self-sufficient in manufacturing, repairing oil industry equipment
Tehran Times – South Zagros Oil and Gas Production Company, a subsidiary of the National Iranian Oil Company, has manufactured or repaired…
OPEC’s decisions no longer liable to outside pressure: Zangeneh
MNA – Iranian Oil Minister Zangeneh said “important changes” have been made to OPEC in a way that decisions made outside OPEC…
Iranian consortium inks MOU with NIOC to develop oilfield
Tehran Times – National Iranian Oil Company (NIOC) has signed a memorandum of understanding with a domestic consortium for developing Band-e-Karkheh oilfield…
Gas output in SPGF to increase by 60 mcm: CEO
MNA – Chief Executive of Pars Oil and Gas Company (POGC) Mohammad Meshkinfam said Sat. that gas output in South Pars Gas…
South Pars gas field phases 2, 3 producing at full capacity
MNA – The phases 2 and 3 of the South Pars are producing their products with their highest capacity using internal capabilities…
NIDC to expand drilling operations in South Azadegan Oilfield
MNA – The National Iranian Drilling Company (NIDC), will complete the projects on drilling 23 wells in the giant South Azadegan Oilfield…
Gasoline consumption in Nowruz holidays hits 2b liters
Tehran Times – Iran’s gasoline consumption during the peak demand of the Norouz (Persian New Year) holidays (March 17 – April 5)…
Optimism growing among oil traders on signs of a tightening market
Tehran Times – Despite the Q1 in which fears about weakening global oil demand was envisioning a gloomy future for the market,…
Iran, Iraq strike understanding for development of joint oilfields
SHANA – Iran and Iraq have reached an understanding for joint development of Naft Shahr and Khorramshahr joint oilfields, Iranian Minister of…
Trump decision on Iran waivers to impact oil prices
Gulf News | Fareed Rahman and Senior Reporter: Oil prices are expected to rise by at least $5 per barrel if the US…
Daily gasoline consumption at 88m liters
Tehran Times – Iranians consumed 88 million liters of gasoline per day on average since the beginning of current Iranian calendar month…
$6.5b oil investment under way by tapping domestic resources: Zangeneh
SHANA – Iranian Minister of Petroleum Bijan Zangeneh said the country was planning to invest 6.5 billion dollars in petroleum projects by…
Iran recoverable oil reserves at 160bn barrels: Zanganeh
MNA – Iran’s Minister of Petroleum Bijan Zanganeh said Tuesday the country’s recoverable oil stood at 160 billion barrels. “Although Iran’s crude…
SP Phase 13 project registers 93.4% progress
MNA – The caretaker of planning and control of South Pars Gas Field’s Phase 13 said the project has so far gained…
Sanctions ‘blessing in disguise’ for Iran to unlock potentials
MNA – Months have passed since US President Donald Trump started his hawkish game against the Islamic Republic, but Tehran is still…
Daily gas output from Iran’s South Pars hits 600mln cubic meters
Tasnim – The total volume of natural gas daily produced in Iran’s South Pars gas field has reached 600 million cubic meters…
South Korea resumes crude oil imports from Iran
IRNA – South Korean oil refining companies have resumed importing crude oil from Iran, wrote Korean media. ‘Iranian crude oil export to…
Photos: Iran’s oil ministry signs contracts with local firms for maintaining, enhancing oil production
Mizan | Mostafa Roudaki:The National Iranian Oil Company (NIOC) subsidiaries signed 9 contracts with local developers for maintaining and enhancing the production…
Iran firm localizes savvy to build strategic catalyst
SHANA – Sarv Oil & Gas Industries Development Company, assisted by Morvarid Petrochemicals Company (MPC), has developed the technical know-how of producing…
Developing Caspian region, NIOC priority: Official
SHANA – A senior official with the National Iranian Oil Company (NIOC) said the company viewed northern oil-rich regions as a priority…
Sinopec ready to pour $3 billion in Iran oil
Oil Price | Irina Slav: China’s largest crude oil refiner, Sinopec, has offered US$3 billion to Iran’s state oil company, NIOC, to…
US likely to cut number of Iran oil sanctions waivers in May: analysts
Reuters – The United States is likely to extend waivers from sanctions on Iranian oil imports in May but will reduce the…
Latest technical savvy needed for petchem development: Official
MNA – An official with the National Petrochemical Company (NPC) said the industry needed the state-of-the-art technologies for development. According to NPC,…
Iran to launch 2 petchem plants by March
MNA – Kaveh Petrochemicals Plant and the first phase of Bushehr petrochemicals facility are scheduled to come on-stream by the end of…
NIOC to offer 1mb of oil at IRENEX on Jan. 21
MNA – A senior official at the National Iranian Oil Company (NIOC) said the company is slated to supply a million barrels…
Iran natural gas output at 800 mcm/d
MNA – Iran’s natural gas output currently stands at 800 million cubic meters per day, a senior energy official said Saturday. The…
BPCL to import 1mn barrels of Iran crude in February and March
MNA – India’s second largest refiner by capacity, Bharat Petroleum Corporation Ltd. (BPCL), plans to import 1 million barrels of Iranian oil…
Weekly report: India will continue to import Iranian oil despite US sanctions
January 13, The Iran Project – Iran FM visit to New Delhi and meeting with senior officials; Zarif on Bolton pic: VR…
POGC to Install 3rd Phase 14 Platform by March
SHANA – Operator of South Pars Phase 14 Development project said Platform 14B of the project was being prepared for loading to…
Zarif welcomes India’s investment in Iran’s petchem industry
IRNA – Iranian Foreign Minister Mohammad Javad Zarif said that Tehran and New Delhi are discussing India’s investment in Iranian gas and…
Decrease in oil dependency most important point of budget bill: MP
IRNA – A member of the Iranian parliament has said the decline in oil dependency is one of the most important strengths…
Iran may still invest in Chennai Petroleum expansion: Indian Oil Corp.
MNA – India’s biggest refiner Indian Oil Corp Ltd said on Wednesday that Iran may still invest in a refinery expansion project…
Iran oil minister summoned to parliament over Total corruption case
Tasnim – Iranian Oil Minister Bijan Namdar Zanganeh has been summoned to the parliament to explain about several issues, including a recent…
NIDC drills 105 oil, gas wells in 9 months
SHANA – The National Iranian Drilling Company (NIDC) successfully spudded 105 oil and gas wells over the course of the first 9…
NPC focused on diversification of petchem output: CEO
SHANA – The CEO of the National Petrochemical Company (NPC) said the company, under his management, was mainly focused diversification of the…