Exploration Talks with 3 Countries

TEHRAN (Shana) -- The head of exploration at National Iranian Oil Company (NIOC) has said talks have been held with three countries for implementation of oil and gas exploration projects. 

Iran Ready for Energy Cooperation with Lebanon

TEHRAN (Shana) – Stating that Tehran will remain Beirut's friend during difficult times, the Iranian Minister of Foreign Affairs said Iran is ready to cooperate with Lebanon in economic, commercial and energy fields.

PUT Ranks First in Iran, ME, 7th in World

TEHRAN (Shana) -- According to the Scimago Ranking System, the Petroleum University of Technology (PUT) was ranked first in Iran, first in the Middle East, and seventh in the world in the field of geology.

Petchem exports Rise in Assaluyeh

TEHRAN (Shana) -- The CEO of Pars Special Economic Energy Zone Organization (PSEEZ) announced a 50% increase in the export of this region compared to the previous year.

Iran-made Gas Lift Equipment Unveiled

TEHRAN (Shana) -- Iranian-made gas lift equipment has been unveiled with the support of the National Iranian South Oil Company (NISOC).

National Conference on Diplomacy, Cross-border Environmental Challenges to be held

TEHRAN (Shana) -- The Center for Political and International Studies of the Ministry of Foreign Affairs, in cooperation with a number of executive and specialized agencies, including the Ministry of Petroleum, is organizing the first national conference on diplomacy and cross-border environmental challenges.

Iran Oil Sales, Steady, Growing: Spokesman

TEHRAN (Shana) -- The government spokesperson announced the continuous increase in the export of crude oil and gas condensate, and said: "Last month, we saw record exports since the beginning of the new round of sanctions, i.e. since 2018.”

First Vice President:

$200 b Earmarked for Iran Major Projects

TEHRAN (Shana) -- The first vice president said 200 billion dollars have been earmarked for the country's major projects in various sectors, including oil, industry, water, and electricity.

Iran 8-Month Petchem Output at 47 mt

TEHRAN (Shana) – Iran’s petrochemical output reached 47 million tons in the first 8 months of the current Iranian calendar year which began on March 21.

PUT, BSTU to sign MoU

TEHRAN (Shana) – Iran’s Petroleum University of Technology (PUT) and the Belarusian State Technological University (BSTU) will sign a memorandum of understanding for cooperation through video conference in the presence of the chancellors of the two universities.

IOTC at Forefront of Economic War: Official

TEHRAN (Shana) -- The Director of International Affairs of the National Iranian Oil Company (NIOC) stated: The Iranian Oil Terminals Company (IOTC) has been fully serving the country, and now that we are facing the most severe sanctions in history, it is at the forefront of the economic war.”

117 mcf APG Collected in Nargsi, Gachsaran Fields

TEHRAN (Shana) – The CEO of the National Iranian South Oil Company (NISOC) said about 329 million cubic feet (mcf) of associated petroleum gas (APG) is being flared in the fields operated by his company, adding the gas collection project of the Nargesi field with a daily capacity of 17 mcf and the Gachsaran 1 and 3 projects with a daily capacity of 100 mcf have come online.

Azar Oilfield ready to be Operated by Client

TEHRAN (Shana) -- The CEO of the Iranian Central Oil Fields Company (ICOFC) said Azar Oil Field is ready to be delivered to West Oil and Gas Production Company for operation.

45% Rise in Horizontal, Directional Drilling Efficiency of Oil, Gas Wells since March

TEHRAN (Shana) -- The efficiency of horizontal and directional drilling operations of the National Iranian Drilling Company (NIDC) grew by at least 45% in the first 8 months of the current Iranian calendar year which began on March 21 compared to the same period last year.

Good Things Happen in Iran Refineries: Min.

TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said the 13th administration has initiated sizable movements in the country's refining industry including quality improvement in Abadan Refinery and all the refineries across the country.

Pasargad Qeshm Refinery Supplies New Bitumen Grade

TEHRAN (Shana) -- Pars Behin Qeshm Oil Refinery has processed AH70 bitumen which is considered a new grade suitable for global markets for the first time in the country.

KBCs to Help Delay Natural Drop in Iran Oil Output

TEHRAN (Shana) -- The National Iranian South Oil Company (NISOC) is planning to ramp up its cooperation with domestic knowledge-based firms in order to delay the natural drop in oil output of Iran’s fields.

POGC to Invest $2m for Laboratory Modeling of Corrosion

TEHRAN (Shana) – Pars Oil and Gas Company (POGC) is planning to invest $2 million in a project for laboratory modeling of corrosion together with a knowledge-based company.

Iran Firms Ready to Join Iraqi Oil Projects

TEHRAN (Shana) -- The Iraqi Ministry of Oil has issued a circular to all Iraqi companies announcing the readiness of Iranian specialized companies to participate in Iraq's oil and gas projects.

Oil Storage Capacity to Increase in Khark Terminal

TEHRAN (Shana) – The CEO of Iran Oil Terminals Company announced plans to increase crude oil storage capacity by 4,200,000 barrels at Khark Oil Terminal.

Good Oil Agreement made with China: Owji

TEHRAN (Shana) -- The Iranian Minister of Petroleum said: During the visit of the Deputy Prime Minister of China and the accompanying delegation to Iran, good agreements and understandings were made regarding the development of oil and gas fields and joint fields in Iran.

MOP Inks Cooperation MoU with AEOI

TEHRAN (Shana) – The Iranian Ministry of Petroleum and the Iran Radiation Application Development Company signed a memorandum of understanding for technological cooperation and the utilization of radiation in the oil industry.

Iran ready to bolster Energy Ties with China: Veep

TEHRAN (Shana) -- The first vice president said: “Tehran is ready to expand its cooperation with Beijing in various sectors such as energy, transit and joint production.”

Iran, China Preparing for Oil, Energy Cooperation

TEHRAN (Shana) -- The Iranian Minister of Economy and Finance said executive measures have been placed on the agenda of the Iran-China Comprehensive Cooperation Program meeting in the field of oil and gas and investment.

$15b Petchem Market Waiting for KBCs

TEHRAN (Shana) -- The director of strategy and infrastructure of product development, technology and innovation of the Persian Gulf Petrochemical Industries Company (PGPIC) said the firm has about $15 billion of active plans up for grabs by knowledge-based startups.

IOOC Raises Gas Output 35 mcf/d

TEHRAN (Shana) -- Gas production of the Iranian Offshore Oil Company (IOOC) increased by 30 to 35 million cubic feet per day (mcf/d) by exploiting a project to enhance gas production capacity in Qeshm operational area and establishing flow from the fields of Gorzin Field.

Iran Petroleum Minister Hosts Meeting with Tajik Opposite Number

TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji hosted a meeting in his Tehran office on Tuesday evening with the visiting Tajik minister of energy.