oil
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Tehran Waiting for Realization of Europe Promises for Buying Iran Oil: SPOX
TEHRAN (Shana) -- Spokesman for the Iranian Administration Ali Rabiei said Tehran was waiting for Europe’s promises to buy oil from Iran and deliver its money to the country.
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Iran Could Resume JCPOA Commitment If Europe Buys Oil: Rouhani
TEHRAN (Shana) -- Iranian President Hassan Rouhani said that the country would resume its commitments to the Joint Comprehensive Plan of Action (JCPOA) if Europe could purchase or pre-purchase its oil.
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IOOC Saves €300m/Y in Operations: CEO
TEHRAN (Shana) -- The CEO of the Iranian Offshore Oil Company said that his company had been saving 300 million Euros in its annual expenses since 2016.
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Interaction with Iran Benefits Foreign Firms
TEHRAN (Shana) -- Iran sits atop the world’s largest hydrocarbon reserves and is located on the energy corridor route. However, in the aftermath of the 1979 Islamic Revolution, the United States has been using every tool at its disposal to keep Iran from becoming a key energy player.
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Modern Technologies, Oil Industry Development Pulse
TEHRAN (Shana) -- The Reservoir Management and Field Development Division of the Research Institute of Petroleum Industry (RIPI) is a dynamic specialized and scientific center seeking to bring about new changes in the upstream petroleum industry based on modern technologies and latest scientific achievements.
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Oil in Abadan and MIS
TEHRAN (Shana) -- Masjed Soleiman (MIS) and Abadan were the most known socio-engineering examples of the operation of a British company in Iran. These two cities were established in the Third World Iran in the form of modern colonies. The necessity of establishment of such cities following the discovery of oil in the region, their general shape and division of localities, form of houses and districts and the Anglo-Persian Oil Company (APOC)’s authority over these cities are among important points to be taken into consideration.
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Iran to Begin SP.11 Development before March 2020: Official
TEHRAN (Shana) -- An official with the National Iranian Oil Company (NIOC) said that the development project of South Pars Phase 11 would commence this calendar year, which ends on March 20.
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AOGPC Builds 1,500 Oil Industry Items
TEHRAN (Shana) – Aghajari Oil and Gas Production Company (AOGPC) has domestically manufactured 1,563 process equipment in oil industry in the first half of the current calendar year, which began on March 21.
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NIOC Ready to Maximize Iran Oil Output: Official
TEHRAN (Shana) -- A senior official with the National Iranian Oil Company (NIOC) said that the company was ready to resume the country’s maximum crude oil production.
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Oil Revenues Belong to Iranian Nation: Veep
TEHRAN (Shana) – First Vice President Eshaq Jahangiri said that oil belonged to the Iranian nation and its revenues would be spent on developing the country.
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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.
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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.
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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.
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Zero Gas Flare in Arvandan Soon
TEHRAN (Shana) -- The CEO of Arvandan Oil and Gas Company said his company had taken measures to bring to zero its gas flaring by gathering the associated gases by mobile processing machinery.
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NIOC to Offer Heavy Crude Oil at IRENEX on Aug. 21
TEHRAN (Shana) – The National Iranian Oil Company (NIOC) has planned to offer 2 million barrels of heavy crude oil on the international floor of the Iran Energy Exchange (IRENEX) on August 21 at $52.81 per barrel.
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NISOC to Ink New Deals on Oil Production Maintenance, Enhancement
TEHRAN (Shana) -- An official with the National Iranian South Oil Company (NISOC) said the company had planned to sign three contract packages for oil production maintenance and enhancement in 28 reserves operated by NISOC.
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Timely Implementation of Goreh-Jask Pipeline Project Necessary: CEO
TEHRAN (Shana) -- The CEO of the Petroleum Engineering and Development Company (PEDEC) stressed the necessity of completing the Goreh-Jask oil pipeline project on time.
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Iran Raises Crude Oil Production in North Yaran
TEHRAN (Shana) – Iran’s crude oi production from North Yaran Oilfield has increased by 1,000 b/d, an official with the developer of the field said.
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Some Middle Eastern Oil Countries Need US Support: Zangeneh
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said, "Some Middle Eastern oil countries need the United States more than the United States needs them.”
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Iran Could become Influential in World Propylene Production: Official
TEHRAN (Shana) – A senior adviser to the Social Security Investment Company (SSIC) said Iran could play an influential role in the global propylene production by investing heavily in the methanol industry.
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SZOGPC Manufactures, Repairs over 500 Oil Industry Items
TEHRAN (Shana) -- South Zagros Oil and Gas Production Company (SZOGPC) has manufactured or repaired the 521 items needed in the oil and gas industry domestically.
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NIOC to Offer 2 mb of Heavy Crude Oil at IRENEX on Aug. 13
TEHRAN (Shana) – The National Iranian Oil Company (NIOC) has planned to sell 2 million barrels of heavy crude oil on the Iran Energy Exchange (IRENEX) on August 13 at $57.98 per barrel.
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Oil Trade, Banking Ties, Basic Rights for Iran: Rouhani
TEHRAN (Shana) -- In a phone conversation with French President Emanuel Macron on Tuesday afternoon, President Hassan Rouhani of Iran said oil export and banking transactions are the “most important economic rights of Iran”.
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Talks Continue with China in South Pars Phase 11
TEHRAN (Shana) -- The CEO of the Pars Oil and Gas Company (POGC) said that talks were going on with Chinese developers in South Pars Phase 11 project.
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US Failed to Bring Iran Oil Exports to Zero: Speaker
TEHRAN (Shana) -- Iranian Parliament Speaker Ali Larijani said that the US had failed to achieve anything by imposing sanctions on Iran, adding, “They failed to bring Iran’s oil exports to zero.”
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Peace with Iran: Mother of all Peaces: Rouhani
TEHRAN (Shana) -- Iranian President Hassan Rouhani said that peace with Iran was the mother of all the peace in the world, adding, “No one can blemish our security and expect to remain secure.”
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New Generation of Exploration Activities to Begin in Northeast Iran: Official
TEHRAN (Shana) -- The Director of Exploration Department of the National Iranian Oil Company (NIOC) announced the start of a new generation of exploration activities in the northeast of the country.
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NIOC Inks Research Deals with Knowledge-based Firms
TEHRAN (Shana) – The Exploration Department of the National Iranian Oil Company (NIOC) has signed 4 research contracts with universities and knowledge-based firms.
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Smoke in Iranian Petroleum Ministry Removed
TEHRAN (Shana) -- The smoke which drifted inside the central building of the Iranian Ministry of Petroleum due to a power glitch on Sunday morning was eliminated immediately.