oil
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NIOC to Raise Azadegan, Yadavaran Output
TEHRAN (Shana) -- The head of corporate planning of National Iranian Oil Company (NIOC), Karim Zobeidi, says Iran is now ready to produce 3.838 mb/d of oil. In an interview with “Iran Petroleum”, he says the giant South Azadegan oil field would see its output reach 220,000 b/d. He also says talks are under way with a foreign firm to develop the second phase of the Yadavaran field for its output to increase to 210,000 b/d from the current 110,000 b/d.
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Iran Oil Exports Well: Min.
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji described the status of sales of Iranian crude oil and petroleum products as favorable.
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Owji Meets with Kazakhstan Energy Minister
BAKU (Shana) – Iranian Minister of Petroleum, Javad Owji, met with Kazakhstan Energy Minister, Bulat Aqchulaqov, on Thursday on the sidelines of Baku Energy Forum.
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Iran Oil Sales in 13th Administration Acceptable
TEHRAN (Shana) – Iran’s 13th administration has sold an acceptable level of oil and the country managed to maintain its share in oil market, Iran’s government spokesman said on Wednesday.
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Iran, Tajikistan sign dozens of Cooperation Documents
TEHRAN (Shana) -- 17 cooperation documents in various fields including energy, economy, trade and tourism have been signed between Iran and Tajikistan.
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New Wells Raise Crude Production at Mansouri Field
TEHRAN (Shana) -- Wells No. 123 and 124 of the national project of Mansouri Fields have successfully commissioned which enhance the field’s crude oil output.
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CBI: Iran Receives $7.5b Oil Revenue in April, May
TEHRAN (Shana) -- The governor of the Central Bank of Iran (CBI) said in the first two months of the current calendar year, which began on March 21, over $7.5 billion has been received by Iran from the sale of crude oil and petrochemicals which is $3 billion higher than the same period last year.
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Arvand Petchem Plant Loads 1st Ethylene Dichloride Shipment
TEHRAN (Shana) -- The caretaker of Arvand Petrochemical Company said the first consignment of ethylene dichloride weighing 5,000 tons has been loaded for export.
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Annual investment in PSEEZ increases 46%
TEHRAN (Shana) -- Iran’s biggest energy hub, Pars Special Economic Energy Zone (PSEEZ), has managed to attract 70 trillion rials (about $270.1 million) as well as €500 million of investment in the previous Iranian calendar year (ended on March 20) to register a 46 percent growth, year on year.
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Iran Oil Revenue Collection 60% Y/Y: Official
TEHRAN (Shana) -- The Director General of Public Relations of the Iranian Ministry of Petroleum said the receipt of hard currency earnings of oil sales in the first two months of the current Iranian calendar year which began on March 21 saw a 60% year-on-year growth.
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Iran, Russia Start Talks to Boost Ties
SHANA (Tehran) – Iran and the high-ranking delegation of Russia here on Wednesday started their talks on the expansion of their relations.
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Iran, Russia Deputy Ministers Discuss Bilateral Ties
SHANA (Tehran) – Iran’s deputy petroleum minister for international affairs and trading here on Tuesday held talks on bilateral relations with the Russian deputy economic development minister.
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Iran, Oman to improve level of relations
TEHRAN (Shana) – Iranian President Ebrahim Raisi stated that the trip to Muscat was very important and in line with the development of the administration’s neighborhood policy, saying: "The decision and will of Iran and Oman is to improve the level of relations in the fields of trade, transportation, energy and tourism."
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NIOC CEO Meets with Deputy Prime Minister of Kazakhstan
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company (NIOC) met with Kazakhstan Deputy Prime Minister and Minister of Trade and Integration Bakhyt Sultanov to discuss cooperation capacities between the two countries in the field of energy.
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NIDC Drills 17 Oil, Gas Wells in 2 Months
TEHRAN (Shana) -- The National Iranian Drilling Company (NIDC) successfully drilled 17 oil and gas wells in the first two months of the current calendar year, which began on March 21.
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Owji meets with Omani Foreign Minister
MUSCAT (Shana) -- On the eve of the Iranian President's state visit to Oman, Iranian Minister of Petroleum Javad Owji met with the Minister of Foreign Affairs of Oman in Muscat.
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No Limits in Talking with Foreign Investors: NIOC Official
TEHRAN (Shana) -- The director of investment and business of the National Iranian Oil Company (NIOC) said: "Negotiations with domestic and foreign investors in the oil industry are being pursued and there are no restrictions for this sector."
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Tehran, Muscat to Develop Hengam OilField Jointly
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji announced an agreement between Iran and Oman to form a technical committee for the joint development of Hengam offshore oilfield.
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Owji meets with Omani Counterpart
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji met with his Omani opposite number Mohammed bin Hamad al-Rumhi to discuss cooperation between the two countries in various energy sectors.
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Over 80% of Oil Revenues Received In Hard Currency
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said more than 80% of the country’s petrodollars is received in hard currency and the rest in bartering with medicine and staple commodities.
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Bu Ali Sina Petchem Plant Output, 120% of Capacity
TEHRAN (Shana) -- Production of Bu Ali Sina Petrochemical Company in the first 45 days of the current calendar year, which began on March 21 showed a 16 percent increase year-on-year to a new record of 120 percent of the nominal capacity of the complex.
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Iran Selling Crude Oil at “Good Price:” Min.
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji says the process of selling oil at a reasonable price will continue vigorously and new markets have been identified for Iranian crude oil, adding Tehran has struck agreements with Latin American countries for bartering oil with staple and agricultural commodities.
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NIOC Investing Rls. 70,000 billion in Poverty Eradication Projects: CEO
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company (NIOC), referring to the fulfillment of social responsibilities of the oil industry, said: “Rls. 70,000 billion have been approved by the board of directors of the National Oil Company for carrying out public benefit projects and eradication of deprivation.”
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OPEC Sec. Gen. Message to Iran Oil Show
VIENNA (Shana) – OPEC Secretary General Mohammad Sanusi Barkindo send a message to organizers of the 26th Iran International Oil, Gas, Refining and Petrochemical Exhibition which was held here in Tehran on 13-16 May 2022.
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Iran to Establish a Science Hub in Khuzestan Province
TEHRAN (Shana) – The CEO of the National Iranian South Oil Company (NISOC) on Sunday announced that a science hub will be established in Khuzestan Province.
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Reliance on Domestic Potentials Can Neutralize Sanctions
TEHRAN (Shana) -- The head of the Institute for International Energy Studies (IIES), Mohammad Sadegh Jokar, emphasized the need to market making in different countries, saying relying on domestic capabilities can help make sanctions ineffective.
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IOOC Signs 7 MoUs, Agreements
TEHRAN (Shana) -- The Iranian Offshore Oil Company (IOOC) on Sunday signed seven research agreements and Memoranda of Understanding (MoUs) with Research Institute of Petroleum Industry (RIPI) and Petroleum University of Technology as well as universities and knowledge-based companies.
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Armenian Minister Hails Iran’s ‘Astonishing’ Progress in Energy Sector
SHANA (Tehran) – Armenia’s minister of territorial administration and infrastructures visiting Iran Oil Show 2022 here on Sunday described the country’s progress in the energy sector as “astonishing”.
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Deputy FM: Synergy Between Foreign, Petroleum Ministries in Exports Foils Enemies’ Plots
SHANA (Tehran) – Iranian Deputy Foreign Minister for Political Affairs Ali Bagheri Kani here on Sunday said the positive synergy established between the foreign and petroleum ministries in exporting oil has caused the enemies’ “maximum pressure” on the country to end in failure.
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Deputy FM Visits 26th Iran Oil Show
TEHRAN (Shana) -- Iranian Deputy Foreign Minister for Political Affairs, Ali Bagheri Kani, on Sunday paid a visit to the 26th International Oil, Gas, Refining and Petrochemical Exhibition, also called Iran Oil Show.