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Iran's Oil Sales not Banned by any Int'l Body: FM

TEHRAN (Shana) -- "Iran is not committed to EU decisions and Europe will not seek to impose its decisions on any country outside the EU," the Iranian foreign minister said, stressing that Iran's oil sales were not sanctioned by any international body.
PEDEC Carries out Environmental Project in Azar Oilfield

TEHRAN (Shana) – The operator of Azar Oil Field Development Project announced the completion and launching of a project to transmit the Changuleh river water by constructing a pond on the river.
Rouhani Signs off on Downstream Industries Support Act

TEHRAN (Shana) -- Iranian President Hassan Rouhani issued an executive decree to the Iranian Ministry of Petroleum and the Planning and Budget Organization on supporting downstream oil industries by tapping public capital.
Impaired Iran Oil Tanker Stable in the Red Sea: NITC

TEHRAN (Shana) -- The National Iranian Tanker Company (NITC) reported the technical defect of one of its vessels in the Red Sea, and said the tanker’s crew were fixing the problem and it was in stable and safe condition.

تیتر دو

88% of Associated Gases Gathered in Maroon

TEHRAN (Shana) -- The CEO of Maroon Oil and Gas Production Company said the company was currently gathering 88 percent of the associated petroleum gas in its operational districts.
IPMMA to Present Latest Achievements at Iran Plast

TEHRAN (Shana) -- Members of the Iranian Plastics Machinery Manufacturers Association have planned to put their latest technological achievements at the 13th international Iran Plast Exhibition.
Iran Warns against Re-Seizure of Adrian Darya 1

TEHRAN (Shana) -- Spokesman for the Iranian Foreign Ministry Abbas Mousavi said the UK’s July 4 seizure of a tanker carrying Iranian oil in Gibraltar was an illegal action, and warned against any acts regarding the detention of the tanker.
MOT Prevents Burning 1.4 mb of Crude Oil in Karoon

TEHRAN (Shana) -- Exploiting a Mobile Oil Treater (MOT) in Karoon Oil and Gas Production Company has prevented burning of 1.4 million barrels of crude oil in operational districts.

Analysis

US Oil Output Hike, Challenge to Mideast

TEHRAN (Shana) -- US President Donald Trump’s energy policy has had significant impacts on global markets. Under his administration, the United States has managed to increase its oil production to levels exceeding leading producers Russia and Saudi Arabia.
2019-07-16 12:13
SP14 Offshore Sector to Come Online

TEHRAN (Shana) -- The offshore section of Phase 14 of the giant offshore South Pars gas field is expected to come on stream late this year. Currently, the two platforms of SP14 are producing 28 mcm/d of gas. The third platform of this phase was loaded out in Bandar Abbas recently and moved to its location at 14B.
2019-07-15 16:14
MIS Oil Keeps Flowing

TEHRAN (Shana) -- After oil was discovered from the first well drilled in Masjed Soleiman (MIS), this area located in southern Iran turned into a city. MIS owed its future to oil. It became a very important area soon. The discovery of oil in MIS was the start of formation of a new identity in southern Iran. Iran became an oil-rich nation.
2019-06-15 16:11
Window for Abe!

TEHRAN (Shana) -- Shinzō Abe, Japan's Prime Minister, who just played golf with US President Donald Trump in Tokyo two weeks ago, is heading to Tehran this week to broker easing of strained relations between Tehran and Washington.
2019-06-09 12:29
Foreign Investors Wooed for West Karoun Development

TEHRAN (Shana) -- CEO of Iran’s Petroleum Engineering and Development Company (PEDEC) Touraj Dehqani has announced enhanced recovery from the South Azadegan oil field, saying foreign investment is welcome.
2019-05-28 15:03
Egypt Petroleum and Refining Industry

TEHRAN (Shana) -- Egypt sits atop 4.4 billion barrels of crude oil in place, and produces 650,000 b/d of crude oil and liquids.
2019-05-18 13:19

Report

Iran Gas Transmission Matures

TEHRAN (Shana) -- Iran's gas treatment capacity is set to exceed 1 bcm/d by the end of the current year. According to plans, gas supply to cities and villages is planned to hit 100% in three years. Every year, over 3,000 villages are connected to the natural gas network, a breakthrough experienced in no other country. Along with the development of its domestic network, Iran has been seriously working on gas export projects like the Iran Gas Trunkline 9 (IGAT9) and IGAT6. The country has a long-term plan to win an 18% share in global gas trading.
2019-08-10 13:17
PEDEC Pursuing Oil Project in Makran, West Karoon Regions

TEHRAN (Shana) – The National Iranian Oil Company (in line with the National Resilience Economy Plan) is pursuing enhancement of crude oil production capacity in West Karoon joint oilfields, construction of the Goreh-Jask Pipeline, building a crude oil export terminal in Jask Port, and bringing phases 13, 14 and 22 to 24 of South Pars to full production tilt. Since the first two priorities of these priorities fall into the realm of the Petroleum Engineering and Development Company (PEDEC) activities, we (Shana) talked with PEDEC CEO Touraj Dehghani about the company’s latest activities in West Karoon and Jast Port.
2019-07-29 11:55
Ferdowsi, Mideast Largest Heavy Oil Field

TEHRAN (Shana) -- The Ferdowsi oil field in the Persian Gulf is among the Middle East reservoirs with about 37 billion barrels of heavy crude oil.
2019-07-20 10:28
Changuleh Oil Field Up for Investment

TEHRAN (Shana) -- The Changuleh oil field, which is located in western Iran, is among fields envisaged by National Iranian Oil Company (NIOC) for development. After the new model of oil contracts, known as the Iran Petroleum Contract (IPC), was unveiled, Changuleh was among oil fields introduced for foreign investment. NIOC plans to develop Changuleh in two phases.
2019-07-20 10:16