Iran

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
Iraqi Minister of Oil Hopes for Enhanced Energy Cooperation with Iran

TEHRAN (Shana) – Visiting Iraqi Oil Minister Thamer al-Ghadhban expressed optimism for furthering cooperation between Iran and Iraq for the benefit of the two countries’ nations.
2019-04-07 16:43
Iraq Oil Minister Lauds EIED Activities

TEHRAN (Shana) -- Thamer al-Ghadhban, Iraqi minister of oil, described the Energy Industries Engineering and Design (EIED, an affiliate to the Oil Industries' Engineering and Construction (OIEC)), as a strong and integrated complex.
2019-04-07 16:31
Damage to Key Ethylene Pipeline Contained

TEHRAN (Shana) -- The damage caused by recent flash floods in western Iran to the West Ethylene Pipeline has been contained, a petrochemical official said.
2019-04-07 14:59
Iran, Iraq Strike Understanding for Development of Joint Oilfields

TEHRAN (Shana) – Iran and Iraq have reached an understanding for joint development of Naft Shahr and Khorramshahr joint oilfields, Iranian Minister of Petroleum Bijan Zangeneh announced.
2019-04-07 11:36
Oil Facilities not Preventing Water Flow to Hoor al-Azim Wetland

TEHRAN (Shana) -- An Iranian oil official said the facilities operating near Hoor al-Azim Wetland had not prevented the flow of water to the marshes.
2019-04-06 18:26
1.85 bl of Petrol Consumed in Norouz

TEHRAN (Shana) -- Iranian motorists consumed a total of 1.85 billion liters of petrol during the New Day Holidays (Norouz).
2019-04-06 17:29
Iran Ready to Connect Gas Network to Iraq: Rouhani

TEHRAN (Shana) – Iranian President Hassan Rouhani voiced Iran’s readiness to link its power and gas networks to that of neighboring Iraq.
2019-04-06 17:07
Extending Global Oil Deal Easy: Zangeneh

TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said in Moscow that it should be straight-forward to extend the global oil output deal between OPEС and non-OPEC countries and that the deal was going well.
2019-04-04 23:37
Oil Market Supply/Demand Balance is Fragile--Iran

TEHRAN (Shana) -- The balance between supply and demand in the oil market is fragile, Iranian Minister of Petroleum Bijan Zangeneh said on Monday, as he called on crude producers to be wary of troubles caused by U.S. sanctions.
2019-04-02 02:33
Zangeneh Appoints Deputy for Research, Technology

TEHRAN (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh issued a decree appointing Saeid Mohammad Zadeh as his deputy for engineering, research and technology affairs.
2019-03-31 13:44
Iran to Launch 2 Petrochem Plants in H1

TEHRAN (Shana) -- Iran is to witness inauguration of two petrochemical projects in the first half of the current Iranian calendar year which began on March 21, a petrochemical official said.
2019-03-29 02:54