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MP Says Petro-refineries Could Safeguard Iran Against Sanctions

TEHRAN (Shana) -- A member of the Energy Committee of the Islamic Assembly considered the construction of petro-refineries as one of the defense tools to fight the sanctions, and said: “Directing liquidity towards production is achieved by investing in national economic projects.”
Owji: West Should Adopt a Rational Approach to World Energy Security

TEHRAN (Shana) – Sustainable and constant cooperation in OPEC+ coalition could help consumers remarkably in the current conditions, Iranian Petroleum Minister said on Wednesday, expressing hope that major western governments understand the sensitivities properly and adopt a rational approach to achieve world energy security.
OPEC+ Agrees to Raise Output by 100,000 bpd for September

TEHRAN (Shana) – The Organization of the Petroleum Exporting Countries (OPEC) and its allies, OPEC+ coalition, agreed on Wednesday to increase crude oil output by 100,000 barrels per day in September.
Owji: Iran Will Continue Constructive Interactions with OPEC

TEHRAN (Shana) -- Iran, as a founding member of OPEC, would definitely continue its constructive interaction with the OPEC and would effectively support our new Secretary General as well as the OPEC Secretariat, Iranian Petroleum Minister said on Wednesday.

تیتر دو

31st OPEC+ Ministerial Meeting Concludes

TEHRAN (Shana) -- The 31st OPEC and non-OPEC Ministerial Meeting was held via video conference on Wednesday, August 3, 2022, under the chairmanship of Saudi Arabia’s Minister of Energy, Prince Abdulaziz bin Salman, and Co-Chair Deputy Prime Minister of the Russian Federation, Alexander Novak.
IRENEX, NIOC Cooperation could Boost Oil Exports: CEO

TEHRAN (Shana) – The CEO of Iran Energy Exchange (IRENEX) said with the development of cooperation between Iran Energy Exchange and the National Iranian Oil Company (NIOC), an increase in transparency in oil products transactions and an increase in the export of these products will be achieved.
Petrorefinery, Refinery Financing MoU Signed with Banks

TEHRAN (Shana) – A memorandum of understanding (MoU) has been signed for financing and participation in construction of the 300kb/d Shahid Qassem Soleimani Petrorefinery and 300kb/d Morvarid Makran Refinery with domestic banks and financing institutions.
Iran Bracing to become Regional hub for Russian Gas

TEHRAN (Shana) – A senior energy expert says following the Ukraine war, Iran has the chance to use Russia’s excess gas export capacity to become a regional hub for the item.

Analysis

Iran Bracing to become Regional hub for Russian Gas

TEHRAN (Shana) – A senior energy expert says following the Ukraine war, Iran has the chance to use Russia’s excess gas export capacity to become a regional hub for the item.
2022-07-31 10:10
Hot season Starts for Iran-Russia Relations

TEHRAN (Shana) -- The National Iranian Oil Company (NIOC) and Russia's Gazprom signed a memorandum of understanding worth about 40 billion dollars on Tuesday; a deal that has sparked much reaction from supporters and opponents.
2022-07-21 16:26
Once Upon a Time REPowerEU plan

TEHRAN (Shana) -- As tensions between Russia and Ukraine escalate, the world is worried about possible spillover of concomitant instability. Uncertainty after the covid-19-induced two-year damage on the global economy has confused the world. The natural gas market is a particular and the most important channel for transmitting these impacts.The disruption of Russian natural gas exports to Europe and the winter ahead is one of the concerns of the energy market in the short-term.Europe is seriously looking forward to replacing Russia natural gas imports withthe REPowerEU plan.
2022-07-17 09:56
Former Director of International Affairs at NIOC:

Return of Iran Oil to Market Prevents Deepening Global Economic Recession

TEHRAN (Shana) -- The former director of international affairs of the National Iranian Oil Company says the return of Iran’s crude oil to the market could prevent further deepening of the global economy.
2022-06-28 16:00
Constructive Interaction of Holders of 460 bb of World Oil Reserves

TEHRAN (Shana) -- The presidents of Iran and Venezuela, as holders of more than 460 billion barrels of crude oil reserves, formally held talks in Tehran on Saturday, June 11, and signed a 20-year cooperation document.
2022-06-13 15:14
Investment decline Biggest Risk to Gas Market

TEHRAN (Shana) – The Secretary General of the Gas Exporting Countries Forum believes that the biggest threat for the gas market is investment decline, saying: "Since 2014, we have seen a series of reasons including low natural gas prices, a misleading narrative about the incompatibility of natural gas with climate change and environmental pressures have reduced investment in the gas industry.”
2022-06-11 11:12

Report

Iran Gas Output to Jump 150mcm/d with Russian Support

TEHRAN (Shana) – A senior official with the National Iranian Oil Company (NIOC) says Iran’s natural gas production capacity would see a 150-mcm/d rise with the development of Kish and North Pars gas fields which have been covered in a recent memorandum of understanding between NIOC and Russia’s Gazprom.
2022-07-27 13:24