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Tehran, New Delhi discuss expanding energy cooperation
SHANA (Tehran) — Iranian Oil Minister Mohsen Paknejad met with Indian Minister of Power, Housing and Urban Affairs Manohar Lal Khattar in New Delhi on Wednesday, as both countries explored opportunities to strengthen cooperation in the energy sector on the sidelines of a BRICS ministerial gathering to start Thursday.
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Paknejad signals readiness to expand Iran-India energy ties ahead of BRICS meeting
SHANA (Tehran) — Iranian Oil Minister Mohsen Paknejad said Iran is prepared to expand economic relations with India as he arrived in the country to attend the 11th BRICS Energy Ministers’ Meeting, emphasizing the long-standing historical ties between the two nations.
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Minister Paknejad heads to India for BRICS energy meeting
SHANA (Tehran) —Oil Minister Mohsen Paknejad departed for India on Wednesday to attend the 11th BRICS Energy Ministers’ Meeting, where member states will discuss cooperation, sustainable energy development and shared priorities in the energy sector.
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Reshadat oil field set for 35,000-bpd production boost
SHANA (Tehran) — The chief executive of the Iranian Offshore Oil Company (IOOC) said the successful installation of the main platform for the Reshadat oil field development project will increase the field’s production capacity by 35,000 barrels per day while enabling the injection of 80,000 barrels of water per day to maintain reservoir pressure and support long-term recovery.
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Giant Persian Gulf oil platform installed
SHANA (Tehran) — Iran installed the P4 processing platform at the Reshadat oil field in the Persian Gulf, marking a major milestone in the development of one of the country’s most important offshore energy assets.
تیتر دو
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Iran, Pakistan push for stronger ties
SHANA (Tehran) — Iranian President Masoud Pezeshkian and Pakistani Prime Minister Shehbaz Sharif on Tuesday emphasized the need to strengthen bilateral relations, expand economic cooperation and promote unity among Muslim countries during talks on regional and international developments.
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Oil minister to hold energy talks With BRICS counterparts
SHANA (Tehran) – Iran’s oil minister will meet with energy officials from BRICS member countries during a visit to India for the 11th BRICS Energy Ministers’ Meeting, according to the head of public relations and spokesperson for the Oil Ministry.
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Oil exports poised for growth amid flexible strategies
SHANA (Tehran) – Oil Ministry said it is prepared to expand crude oil exports by leveraging a range of export mechanisms and opportunities created by the partial suspension of sanctions, while maintaining uninterrupted operations despite years of sanctions and recent military conflict.
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CNG’s untapped potential to curb gasoline demand
SHANA (Tehran) – Iran’s compressed natural gas (CNG) network has significant unused capacity that could help curb rising gasoline consumption and reduce fuel costs for households, according to data from the National Iranian Oil Products Distribution Company (NIOPDC).
Analysis
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Iran’s oil industry in the post-agreement era
SHANA (Tehran) – With the signing of the agreement between Iran and the United States, and under the guidance and strategic vision outlined by the Leader of the Islamic Revolution, Iran is entering a new era of work, development and progress while remaining vigilant against the designs of its adversaries. The reality is that Iran’s oil industry learned and practiced self-reliance through the teachings of the late founder of the Islamic Republic, relying on domestic expertise, innovation and the capabilities of Iranian professionals. Today, the Leader of the Revolution has once again emphasized that same belief and approach.
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OPEC: Obituary or reincarnation?
SHANA (Tehran) – OPEC started back in 1960. Legend has it that five oil ministers showed up in Baghdad because they were fed up. Saudi Arabia, Iran, Iraq, Kuwait and Venezuela were all watching foreign oil companies set prices that barely covered their costs. The story goes that the oil they were selling was worth less than the tea on the table during the meeting.
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Boosting Well Productivity by Innovative Strategies
SHANA (Tehran) - Iran sits atop the world’s largest hydrocarbon reserves, with its massive South Pars gas field alone holding an estimated 280 tcf of recoverable natural gas. Yet despite this abundance, maximizing well productivity remains a critical challenge for Iran’s oil and gas industry.
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Iran Oil Sector: A Paradox of Potential and Opportunity
SHANA (Tehran) - Iran, strategically located in the Middle East and Central Asia, holds a huge amount of oil and gas. We are talking about some of the world’s largest proven crude oil and natural gas reserves. This means the country’s energy sector is incredibly important on the global scene, with immense potential for investment and for really capitalizing on Iran’s substantial wealth.
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War on Iran Ignites Long-Term Global Oil Instability
SHANA (Tehran) – The recent air strikes by the Zionist regime on Iran’s industrial centers, oil and gas facilities, and civilians have sent shockwaves through the global oil markets. The attacks led to a significant but short-lived increase in prices.
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War of Aggression on Iran and Global Energy Security
SHANA (Tehran) – Ever since the Zionist regime launched its invasion of Iran, energy has become a pivotal issue in international fora. Two key issues, energy price and energy security, were focused upon by the media, political elite, and economists due to Iran’s prominent role in energy production and exports and its strategic position in the Strait of Hormuz.
Report
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$3.5bn Invested in Tehran Refinery Upgrading
SHANA (Tehran) - Tehran’s oil refinery is among the oldest and leading oil refining facilities in Iran. It is instrumental in producing vital fuels like gasoline, gasoil and jet fuel. With a refining capacity of 250,000 b/d of crude oil and enjoying a strategic location near Tehran, the facility has a major share in national energy supply. Upgrading the quality of petroleum products has been a priority of the Ministry of Petroleum under the 14th administration. That would require upgrading the refinery.
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Iran Oil Industry Unfazed by War
SHANA (Tehran) – Nearly four decades after the end of the imposed war on Iran, the Zionist regime, which has occupied Palestine, launched military strikes on Tehran and some other cities as well as Iran’s oil facilities in a flagrant violation of international law and national sovereignty of the Islamic Republic of Iran.