Iran

Iran Petchem Industry Unsanctionable: Deputy Minister

TEHRAN (Shana) -- Iran is required to prepare itself for unilateral US sanctions, said a deputy petroleum minister, describing the country’s petrochemical sector as unsanctionable.
2019-05-03 12:33
Unilateral Decisions on Iran Ineffective

TEHRAN (Shana) -- OPEC Secretary General Mohammed Barkindo said Thursday "unilateral" decisions against Iran would not be effective.
2019-05-02 22:07
Iran Vows Response to Threats From Fellow OPEC Producers

TEHRAN (Shana) -- Iran's petroleum minister said Thursday that his country will respond to any threats by fellow OPEC member states.
2019-05-02 22:00
NIOC Awarding 8 Field Development Projects

TEHRAN (Shana) -- A deputy CEO of National Iranian Oil Company (NIOC) has said that the development of eight fields was to be awarded to mainly Iranian companies.
2019-05-02 17:57
PRTC Focused on Widely Used Catalysts

TEHRAN (Shana) -- The head of Petrochemical Research and Technology Company (PRTC) said the company was focused on producing widely consumed catalysts.
2019-05-02 16:46
NPC Chief: We Count on 45% Petchem Output Growth

TEHRAN (Shana) -- Iran's top petrochemical official has expressed hope for a 45% growth in petrochemical production sector.
2019-05-02 16:13
Italian Firms Seeking Presence in Iran despite Restrictions

TEHRAN (Shana) -- The trade commissioner of the Italian Trade Agency (ITA) said that Italian companies favored presence in Iran despite the sanctions and current US-forces restrictions.
2019-05-02 16:06
No Unilateral Decisions in OPEC

TEHRAN (Shana) -- The secretary general of the Organization of the Petroleum Exporting Countries (OPEC) said there were no unilateral decisions in the organization.
2019-05-02 15:09
Iranian Nation has Constantly Overcome Problems: Barkindo

TEHRAN (Shana) -- Mohammed S Barkindo, OPEC Secretary General, said no matter what comes next in the future, you, the Iranian people will overcome them.
2019-05-02 13:07
No Oil Leak in Red Sea by Iranian Tanker: NITC

TEHRAN (Shana) -- National Iranian Tanker Company (NITC) said Happiness 1 Vessel of the company had leaked no oil in the Red Sea despite “engine failure and loss of control”.
2019-05-02 11:03
Iran Oil Production to Continue Strongly: Dy. Min.

TEHRAN (Shana) -- An Iranian Deputy Petroleum Minister said the country’s oil production was ongoing strongly without any disruptions except for recent flash floods in certain oil-rich regions.
2019-05-01 19:11
Oil Never a Political Tool for Iran: UK Embassy Official

TEHRAN (Shana) -- An official with the British Embassy in Tehran said that oil had never been used as a political tool by Iran.
2019-05-01 18:45
US Statements Cannot Run Oil Market: Zangeneh

TEHRAN (Shana) – Iranian Minster of Petroleum Bijan Zangeneh said on Wednesday that the oil market could not be managed by mere US statements.
2019-05-01 15:36
Tehran to Host 1st Int’l Conference on New Technologies in Oil, Gas, Petrochemical Industries

TEHRAN (Shana) -- The first international conference on new technologies in the oil, gas and petrochemical industries will be held on May 14 and 15 at Tehran University.
2019-05-01 12:01
Iran Says Never Allows US to Drive Oil Exports to Zero

TEHRAN (Shana) -- Iranian President Hassan Rouhani said: “We do not allow the US decision on bringing Iran's oil exports to zero to be realized.”
2019-04-30 17:39
RIPI to Display Latest Achievements at Oil Show

TEHRAN (Shana) – The Research Institute of Petroleum Industry (RIPI) has planned to showcase the latest of its technological achievements at the 24th Iran International Oil, Gas, Refining and Petrochemicals Exhibition (Oil Show 2019).
2019-04-30 16:52
US Displayed “Schoolyard Bullying” by Re-Imposing Bans on Iran: Official

TEHRAN (Shana) -- A senior Iranian oil official said that the White House’s re-imposition of sanctions on Iran was US’s “schoolyard bullying” reaction to the new balance of power in the world.
2019-04-29 14:38
Production Boom Targeted by Iran Oil Show 2019

TEHRAN (Shana) -- The director of the 24th Iran International Oil, Gas, Refining and Petrochemicals Exhibition (Oil Show 2019) said the main theme of the event was production boom in the country.
2019-04-27 16:59
Iran's Oil Exports to Continue: Official

TEHRAN (Shana) -- The head of the Iranian presidential office said: "The Islamic Republic of Iran will undoubtedly sell its oil and our oil revenue and exports will continue.”
2019-04-24 18:28
Persian Gulf Star Refinery to Supply Sweet Naphtha

TEHRAN (Shana) – Phase IV development of Bandar Abbas Gas Condensate Refinery (also called the Persian Gulf Star Refinery) is to supply sweet naphtha, the facility’s CEO said.
2019-04-24 18:21
We will Export Oil as Much as We Intend: Ayatollah Khamenei

TEHRAN (Shana) -- On the occasion of the National Week of Labor and Laborers, a group of laborers from across the nation met with Ayatollah Khamenei—the Supreme Leader of the Islamic Revolution— at the Hussayniyeh of Imam Khomeini (r.a), this morning April 24, 2019.
2019-04-24 17:45
Politicizing Oil, Big US Mistake: Zangeneh

TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said the US had made a big mistake by politicizing oil, saying, “We will exert our maximum effort to break US sanctions.”
2019-04-23 17:10
Iran Ready to Supply Oil, Gas Needs of Pakistan

TEHRAN (Shana) -- Iranian President Hassan Rouhani said the country was ready to supply the oil and gas needed by neighboring Pakistan.
2019-04-22 23:44
Iran Pegs No Value to US Sanctions Waivers: Spokesman

TEHRAN (Shana) – The spokesman of the Iranian Ministry of Foreign Affairs said: “Regarding the unlawful nature of [US] sanctions, Iran has not given and does not put any value on the sanctions waivers.”
2019-04-22 22:48
NIDC Drills 7 Oil Wells in March/April

TEHRAN (Shana) -- The National Iranian Drilling Company (NIDC) has drilled 7 oil and gas wells over the course of the first month in the Iranian calendar from March 21 to April 20.
2019-04-22 16:23
Iran Cuts Oil Output in West Karoon to Address Environmental Concerns

TEHRAN (Shana) -- An Iranian oil official said the country had curtailed oil production at the joint oil fields in West Karoon region, Khuzestan Province, southwestern Iran, as a precautionary step to prevent environmental damage in the area.
2019-04-17 17:29
Ethylene Pipeline to Resume Operation Soon

TEHRAN (Shana) -- A petrochemical official said that the West Ethylene Pipeline would resume delivery of feedstock to petrochemical plants in western Iran soon.
2019-04-13 18:53
Petchem Plant Revved up by Int'l Certificates

TEHRAN (Shana) – Iran’s Karoon Petrochemical Plants has obtained several international certificates since 2016 which have accelerated processes and activities in the facility dramatically, an official with the company says.
2019-04-13 18:04
Impact of Trump's Irrational Decisions on Oil Market

TEHRAN (Shana) -- The Brent crude oil, last night, for the first time in 2019, crossed the $71/barrel threshold, only hours after the US labelled Iran's elite Revolutionary Guard Corps a 'terror group', indicating that the US President, contrary to his tweets, not only was not concerned about stabilizing the oil market and helping cut fuel prices in the US, but also caused turmoil in the market with his illogical decisions.
2019-04-09 18:37
Export of Petchems, Petroleum Products Satisfactory: Min.

TEHRAN (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh described the current state of Iran’s export of petrochemicals and petroleum products as satisfactory.
2019-04-07 17:12