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NISOC head: Iran can overcome sanctions by relying on domestic capabilities
SHANA (Tehran) – The 13th administration proved that Iran can defeat sanctions by relying on domestic capabilities, said the National Iranian South Oil Company (NISOC) managing director.
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South Pars Phase 11 gas project launch a great achievement, says MP
SHANA (Tehran) – A member of Iran’s Parliament on Monday called the inauguration of Phase 11 of the South Pars (SP) gas field a great achievement of the 13th administration.
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Deputy minister says knowledge-based firms will help improve furnace oil quality
SHANA (Tehran) – Iran’s deputy oil minister and the National Iranian Oil Refining and Distribution Company managing director on Sunday said NIORDC will enjoy domestic knowledge-based cooperation to accelerate the implementation of a project for improving furnace oil.
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MP says energy diplomacy has increased oil exports
SHANA (Tehran) – The incumbent administration’s effective diplomacy has increased oil exports, said a member of Parliament on Sunday.
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Nigeria pumping 1.67 million barrels of oil and condensates per day
Nigeria is pumping 1.67 million barrels of oil and condensates per day, compared with just under a million barrels some months ago, due to security improvements in the producing Niger-Delta region, the head of the state-oil firm NNPC said.
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Great breakthroughs achieved in Iran oil exports over past two years: MP
SHANA (Tehran) – Great achievements have been achieved in selling Iran’s oil since two years ago, said a member of Parliament on Sunday.
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MP: Oil sales never tied to JCPOA revival, sanctions removal by incumbent administration
SHANA (Tehran) – Iran’s 13th (incumbent) administration has never tied oil sales to revival of the Joint Comprehensive Plan of Action (JCPOA) and removal of sanctions imposed on the country, said a member of Parliament on Saturday.
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Owji reports 40% rise in Iran oil production capacity after Leader urges output hike
SHANA (Tehran) – Iran’s oil production capacity has jumped 40 percent since two years ago, Oil Minister Javad Owji said on Saturday.
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OPEC oil output rises in August as Iran hits 2018 high: Reuters survey
OPEC oil output rose in August as Iranian supply rose to its highest since 2018, a Reuters survey found on Thursday, despite ongoing cuts by Saudi Arabia and other members of the wider OPEC+ alliance to support the market.
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Why the world needs more oil, not less
What do toothpaste, deodorant, soap, cameras, computers, gasoline, heating oil, jet fuel, car tires, contact lenses and artificial limbs have in common?
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Raeisi: Oil, gas output rise among important measures of 13th administration
SHANA (Tehran) – Iran’s President Seyyed Ebrahim Raeisi on Wednesday said increase in oil and gas output and full settlement of a problem caused by offshore storage of 87 million barrels and gas condensates have been among top measures carried out by the 13th administration.
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Leader lauds government performance, oil, gas, petrochemical achievements
SHANA (Tehran) – Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei on Wednesday praised the 13th (incumbent) administration’s performance and achievements in oil, gas and petrochemical sectors.
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MP says 13th administration has increased Iran’s oil revenues without any deal
SHANA (Tehran) – A member of Iran’s Parliament on Wednesday said the 13th (incumbent) administration has increased the country’s oil revenues without signing any agreement.
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Oil rises on U.S. stockpile draw and hurricane jitters
Oil prices extended gains on Wednesday after industry data showed a large draw in crude inventories in the U.S., the world's biggest fuel consumer, and as a hurricane in the Gulf of Mexico kept investors on edge.
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German firms fear the energy transition: Survey
German companies see the energy transition bringing more risks than opportunities for their competitiveness, the DIHK Chambers of Commerce and Industry said on Tuesday.
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President: SP Phase 11 inauguration proves work not left undone in Iran
SHANA (Tehran) – The inauguration of Phase 11 of the South Pars (SP) gas field showed that work is not left undone in Iran, said President Seyyed Ebrahim Raeisi on Tuesday.
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NIGC CEO: SP phases 11, 14 inauguration outcome of reliance on Iranian experts
SHANA (Tehran) – The National Iranian Gas Company (NIGC) managing director on Tuesday said inauguration of phases 11 and 14 of the South Pars (SP) gas field, promotion of energy diplomacy, and increase in gas and condensate exports despite sanctions are indicative of the Oil Ministry’s reliance on Iranian experts and managers’ capabilities.
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NIORDC chief: Iran now has technical know-how to improve oil products quality
SHANA (Tehran) – The National Iranian Oil Refining and Distribution Company (NIORDC) managing director on Tuesday said Iran has now possessed the technical know-how to enhance quality of oil products.
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NIOC head calls SP Phase 11 development a symbol of Iran’s economic power
SHANA (Tehran) – The National Iranian Oil Company (NIOC) managing director said development of Phase 11 of the South Pars (SP) gas field is a symbol of the country’s power in the economic field.
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Iran unveils homegrown compressor, says it can rival U.S.-made type
SHANA (Tehran) – Iran on Monday unveiled its first exportable compressor manufactured by knowledge-based company Araz Sanat Asia (ASA).
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Spokesman: 20-year reliance on foreign promises about SP Phase 11 yielded no result
SHANA (Tehran) – Iran’s government spokesman on Monday wrote that 20-year reliance on foreigners’ promises about development of Phase 11 of the South Pars (SP) gas field in the Persian Gulf produced no result.
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Owji: $800m saved in SP Phase 11 gas project; sustainable production top on agenda
SHANA (Assaluyeh) – Iran’s Oil Minister Javad Owji on Monday said $800 million were saved in the development project of Phase 11 of the South Pars (SP) gas field.
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President Raeisi inaugurates Phase 11 of South Pars gas field
SHANA (Assaluyeh) – Iran’s President Seyyed Ebrahim Raeisi inaugurated Phase 11 of the South Pars (SP) gas field in the Persian Gulf on Monday.
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Raeisi visits SP Phase 11 platform in Persian Gulf ahead of gas project inauguration
SHANA (Assaluyeh) – Iran’s President Seyyed Ebrahim Raeisi paid a visit to the platform of Phase 11 of the South Pars (SP) gas field in the Persian Gulf on Monday.
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Raeisi to inaugurate SP Phase 11 gas project shortly
SHANA (Assaluyeh) – Iran’s President Seyyed Ebrahim Raeisi arrived in Assaluyeh, southern province of Bushehr, on Monday to officially inaugurate the project of Phase 11 of the South Pars (SP) gas field.
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SP Phase 11 development project implemented after two-decade hiatus
SHANA (Tehran) – The National Iranian Oil Company managing director on Sunday said the development project of Phase 11 of the South Pars (SP) gas field was implemented by NIOC under the 13th (incumbent) administration after a 20-year delay.
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BP urges more oil, gas investment while speeding energy transition
Global oil major BP said the world must invest in the production of oil and gas to avoid to sharp price spikes while accelerating the energy transition to combat greenhouse gas emissions.
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NIDC CEO says 195 oil, gas wells drilled, completed in past two years
SHANA (Tehran) – The National Iranian Drilling Company (NIDC) managing director on Sunday said 195 oil and gas wells, including exploration and development-appraisal wells have been drilled and completed along with workover operations since the 13th administration assumed office in August 2021.
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MP extols Oil Ministry’s ‘initiative’ to develop refineries overseas
SHANA (Tehran) – A member of Iran’s Parliament on Sunday said development of refineries in foreign countries was an “initiative” launched by the Oil Ministry under the 13th (incumbent) administration.
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Nigeria seeks to restart four state oil refineries by end 2024
Nigeria expects its four oil refineries to be operational by the end of next year, its new oil minister said on Friday, with the southern Port Harcourt plant seen starting as early as December.