Shana

Oil supply won't be affected by stricter price cap enforcement, IEA says

The International Energy Agency (IEA) does not expect moves by the Group of Seven nations to counter the evasion of price caps on Russian energy will change the supply situation for crude oil and oil products, the IEA's Executive Director Fatih Birol said.

MP: All lawmakers support Oil Ministry approaches

SHANA (Tehran) – All lawmakers have the great admiration for Oil Minister Javad Owji and support his ministry’s approaches, said a member of Iran’s Parliament Sunday.

NIOC head says SPOL, Farzad B field development will boost oil, gas output

SHANA (Tehran) – The National Iranian Oil Company (NIOC) managing director on Saturday said development of South Pars Oil Layer (SPOL) and Farzad B field will help increase oil and gas production.

NPC head: Iran to add 12 new petchem complexes this year

SHANA (Tehran) -- Iran will add 12 new petrochemical complexes in the current Iranian calendar year (to end March 19, 2024), National Petrochemical Company (NPC) managing director said here on Saturday.

Owji: Oil Ministry's ‘umbrella open to protect knowledge-based, environmental plans’

SHANA (Tehran) – Iran’s oil minister on Saturday said his ministry’s “umbrella is open to fully protect domestic companies that present knowledge-based and environmental plans”.

Over 200 agreements, MoUs signed in Iran Oil Show 2023

SHANA (Tehran) -- More than 200 agreements and memorandums of understanding (MoUs) have been signed between Iranian and international companies during Iran Oil Show 2023, Iran's oil minister said here on Saturday.

Oil minister: Iranian manufacturers outnumber suppliers for first time

SHANA (Tehran) – Iran’s oil minister on Saturday announced that manufacturers on the Approved Vendor List (AVL) have for the first time in the country’s oil industry outnumbered suppliers.

Iran's NIGC official: Talks on gas imports from Turkmenistan held

SHANA (Tehran) – Iran has negotiated with Turkmenistan to import gas from the neighboring country, the director of the integrated planning at the National Iranian Gas Company (NIGC) said here on Friday.

Iran to increase gas transmission

SHANA (Tehran) – Iran gas transmission is expected to reach 280 billion cubic meters in current Iranian calendar year (to end March 19, 2024), head of the Iranian Gas Transmission Company said here on Friday.

MP: Stronger foreign presence in Iran Oil Show indicative of energy diplomacy promotion

SHANA (Tehran) – A lawmaker here on Friday said the Ministry of Petroleum’s energy diplomacy is certainly among the reasons behind the increase in number of foreign participants in Iran Oil Show 2023.

Iran says ready to carry out Iraq gas projects

SHANA (Tehran) – Deputy Oil Minister Majid Chegeni on Thursday announced Iran's readiness to carry out and complete Iraq’s gas projects.

Iran’s NPC invites investors to fund $9bn petrochemical projects

SHANA (Tehran) – Iran’s National Petrochemical Company (NPC) investment manager on Thursday invited domestic and foreign investors to fund 19 projects worth $9 billion.

MP: Iran Oil Show a symbol of neutralizing sanctions

SHANA (Tehran) -- The 27th International Oil, Gas, ‎Refining and ‎Petrochemical Exhibition, having the motto “Oil Industry; Technological Production, Optimal Consumption”, is a symbol of neutralizing sanctions, an Iranian lawmaker said here on Thursday.

Chegeni: Türkiye seeks to import more gas from Iran; Pakistan, Afghanistan, Oman in the queue

SHANA (Tehran) – Iran’s deputy oil minister on Thursday announced Türkiye’s demand for more gas from Iran.

Iran, Russia sign statement of cooperation

SHANA (Tehran) – Iran and Russia inked a statement of cooperation here on Wednesday in the presence of Iran’s First Vice President Mohammad ‎Mokhber and Russian Deputy Prime Minister Alexander Novak.

U.S. senator: Iran oil exports rising under sanctions

A senior U.S. Republican senator confirmed the rise in Iran’s oil revenues in recent months, confessing to the ineffectiveness of the sanctions that have been unilaterally imposed on the country.

Iran, Russia to complete International North-South Transport Corridor

SHANA (Tehran) – Iran and Russia signed an agreement to build Rasht-Astara railway in order to complete the International North-South Transport Corridor (INSTC), Russian Deputy Prime Minister Alexander Novak said on Wednesday.

NIOC, Gazprom discuss investment in oil, gas development projects

SHANA (Tehran) – The National Iranian Oil Company head and Russian state company Gazprom deputy chairman held talks on investment patterns for development of oil and gas fields.

Owji: OPEC+ decisions put oil market on right track

SHANA (Tehran) – Iran’s Oil Minister Javad Owji here on Wednesday said decisions made by OPEC+ have put the oil market on the right track.

Iran, Russia sign 10 MoUs, agreements on oil cooperation

SHANA (Tehran) – Iran and Russia on Wednesday signed 10 documents, comprising six memorandums of ‎‎understanding (MoUs), two contracts, one agreement and a roadmap, on cooperation in oil industry. ‎

28 Russian firms attend Iran Oil Show 2023

SHANA (Tehran) – Twenty-eight Russian companies have taken part in the 27th Iran International Oil, Gas, ‎Refining and ‎Petrochemical Exhibition, also ‎known as Iran Oil Show 2023, and will hold talks with Iranian exporters and economic experts on the development of trade and industrial ties.

First VP visits Iran Oil Show, underlines homegrown know-how

SHANA (Tehran) – Iran’s first vice president paid a visit to the 27th Iran ‎International Oil, Gas, ‎Refining and ‎Petrochemical Exhibition, aka Iran Oil Show ‎‎2023, on Wednesday.

Strong foreign presence in Iran Oil Show ‎‎2023 proof of govt. effective energy diplomacy: Minister ‎

SHANA (Tehran) – Iran’s oil minister said the participation of 200 foreign companies in the 27th Iran ‎International Oil, Gas, ‎Refining and ‎Petrochemical Exhibition, also known as Iran Oil Show ‎‎2023, is ‎indicative of the effective promotion of energy diplomacy by the incumbent administration. ‎

Raeisi says his administration has inherited widespread energy imbalances

SHANA (Tehran) – The 13th (incumbent) administration has inherited widespread imbalances in energy area including power, gas and gasoline sectors, Iran’s President Seyyed Ebrahim Raeisi said here on Tuesday.

Iran Oil Show 2023 kicks off in Tehran ‎

SHANA (Tehran) – The 27th Iran International Oil, Gas, ‎Refining and ‎Petrochemical Exhibition, also ‎known as Iran Oil Show 2023, kicked off in a ceremony in the ‎Iranian capital Tehran on Wednesday.‎

Iran’s IIES says meetings planned with Russian institution to develop oil cooperation roadmap ‎

SHANA (Tehran) – Iran's Institute of International Energy Studies (IIES) and the Roscongress Foundation ‎will hold three expert meetings on Wednesday to take the first step of conducting joint research and ‎studies for drawing up a roadmap for expanding oil cooperation between the two countries in line with ‎their common interests.‎

In the presence of Owji, Novak:

Iran, Russia delegations discuss cooperation in energy sector

SHANA (Tehran) – Tehran and Moscow discussed their cooperation in the energy sector in the presence of Iran’s Oil Minister Javad Owji and Russia’s Deputy Prime Minister Alexander Novak here on Tuesday.

Bashkortostan minister says Russian republic sends 20 firms to B2B meeting in Iran ‎

SHANA (Tehran) – The industry and energy minister of the Republic of Bashkortostan said 20 companies ‎from the Russian republic have taken part in the first business-to-business (B2B) meeting between Iranian ‎and Russian companies on cooperation in oil and gas sectors.‎

On the sidelines of Iran-Russia B2B meeting:

Iran’s North Drilling Company, Russia’s Traektoriya-Servis sign MoU

SHANA (Tehran) – Iran’s North Drilling Company and Russia’s Traektoriya-Servis LLC here on Tuesday inked a memorandum of understanding (MoU) on cooperation in drilling operations.

Russian trade envoy says Tehran, Moscow ready to expand oil, gas cooperation ‎

SHANA (Tehran) – Iranian and Russian heads of state are “completely” prepared for expanding trade and ‎economic cooperation in the oil and gas sectors, said the Russian trade representative in Iran.‎