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We Are Not Happy To See Sanctions Against Iran, OPEC Secretary General
SHANA (Tehran) - OPEC Secretary General, Haitham Al Ghais, has said that sanctions against Iran distorts the way that oil usually flows.
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IOPTC: 137 Billion Liters Of Crude And Oil Products Conveyed
SHANA (Tehran)- Managing director of the Iranian Oil Pipelines and Telecommunications Company (IOPTC) Arsalan Rahimi, says the company has managed to carry 137 billion liters of crude oil and oil products through pipeline over the last Iranian calendar year, ended on March 10 2024.
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IOOC Production Rises By 21 Percent
SHANA (Tehran) - Production manager at the Iranian Offshore Oil Company (IOOC), Amir Salari, says that the company succeeded in increasing offshore oil and gas condensate production by 21 percent over the last Iranian calendar year, 1402.
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Economic Growth Above 6 Percent Amid Oil Sector Contribution
SHANA (Tehran) - Executive vice president, Mohsen Mansouri, has said that Iran’s annual average economic growth has surpassed 6 percent amid oil sector’s magnificent contribution.
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Gas Production Rising By 127 mcm/d
SHANA (Tehran) - Gas production capacity of the country will rise by 127 million cubic meters per day by implementation of today’s signed memorandums of understanding, the National Iranian Oil Company’s (NIOC) managing director, Mohsen Khojastehmehr said.
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79 projects coming online this year, worth 16 billion dollars
SHANA (Tehran) - Iranian minister of petroleum, Javad Owji, says 79 semi-finished projects, worth 16 billion dollars, will come online during the current Iranian calendar year, ending on 20 March 2025.
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Jobs matter
Employment is never just about statistics. A job is never just a number on a spreadsheet. Behind every job is a person, a livelihood, a story. It is a man or a woman, a breadwinner, doing their best to provide for their families, putting food on tables and shelter above heads. Jobs are about enabling children’s education and saving for retirement. Jobs involve fulfilling individual potential, forging societies and fostering community spirit. There is a dignity to work.
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Iran’s LPG can meet Africa needs to the product
SHANA (Tehran) - Iran, as the third largest LPG producer in the world, is capable of exporting the product to African countries, acting head of international affairs at the National Iranian Gas Company (NIGC), Amirhoushang Karami, said.
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Iran; Most Reliable Source of Gas Supply in Coming Decades
SHANA (Tehran) – Iran which holds the second largest natural gas reserves in the world, can be one of the most reliable suppliers of natural gas over the next decades.
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Iran Eying Boosting Energy Cooperation with Africa
SHANA (Tehran)- Our estimates show that African countries enjoyed the highest rate of growth over the last Iranian calendar year, which ended on 20 March 2014, indicating there is a clear prospect for boosting energy cooperation with the continent over the next two decades.
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Oil Industry Driving Force Of Economic Growth, MP
SHANA (Tehran) – a member of Parliament’s committee of energy, Hosain Hosainzadeh, says the Petroleum Ministry approach on boosting energy cooperation with other countries, which is called as energy diplomacy, has been successful in view of economic growth and oil industry development.
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Directing Liquidity Toward Oil Industry Is A Win-Win Game
SHANA (Tehran)- Directing liquidity towards oil industry’s downstream activities not only leads to self-sufficiency but creates jobs along with profitability to the benefit of people.
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It’s About Reducing Emissions, Not Oil Demand
The pace at which global energy demand is growing means that alternatives cannot replace oil at the necessary scale writes OPEC Secretary General Haitham Al Ghais. Rather than calling for an end to oil, the focus should be on reducing emissions.
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NPC To Accelerate Collecting Associated Gases
SHANA (Tehran) - The process of gathering associated gases will accelerate this year so that the majority of petrochemical complexes' gas flares will be turned off at the end of the current Iranian calendar year on March 20 2025.
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We Are Ready to Help Sri Lanka with Know-How, Raisie
SHANA (Tehran) - The Islamic Republic of Iran is ready to play a great role in Sri Lanka’s economic growth by making available its technical and engineering services.
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Oil Sector Leads Economic Growth
SHANA (Tehran) - Last year’s rising rate of economic growth was the result of considerable achievements in the oil sector.
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Iran’s High-Ranking Delegation Left Pakistan for Sri Lanka
SHANA (Tehran) – At the head of a high-ranking delegation, including the Minister of Petroleum Jawad Owji, the Iranian president headed toward Sri Lanka early this morning.
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Oil Sector Attracts 41 Percent Of Total Foreign Investment
SHANA (Tehran): Since taking office in August 2021, the 13th administration has been able to attract 11.6 billion dollars of foreign investment of which 4.8 billion dollars have been allocated to the oil and gas mega projects.
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Collecting Seismic Data Contract Signed
SHANA (Tehran) – TENCO will implement 2-dimensional and 3-dimensional seismic operations in the north and northwestern of Iran over a two years period based on a contract signed on Tuesday, April 16.
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Oil minister: Iran to start importing Turkmen gas in June
SHANA (Tehran) – Iran’s oil minister on Tuesday said a gas contract will be signed with Turkmenistan soon and imports will begin in June.
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Al Ghais says OPEC will welcome back Iran’s full return to market when sanctions lifted
OPEC Secretary General, His Excellency Haitham Al Ghais, said that the OPEC family welcomes back the full return of Iran’s oil production to the oil market, once the sanctions against its oil sector are lifted, HE Al Ghais was talking in an exclusive interview with the Iranian SHANA news agency and Iran Petroleum monthly.
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Oil minister accompanying Raeisi arrives in Damascus
SHANA (Tehran) -- Iran's President Seyyed Ebrahim Raeisi accompanied by some ministers, including Oil Minister Javad Owji, arrived in Damascus on Wednesday.
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IIES head: Iran-Saudi rapprochement contribution to economic, energy sectors a must
SHANA (Tehran) – The head of Iran’s Institute for International Energy Studies (IIES) put great emphasis on contribution of recent political and security agreement between Tehran and Riyadh to economic and energy sectors.
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Iran’s former official at OPEC:
Tehran, Riyadh expected to seize opportunity to boost ties in oil, gas sectors
SHANA (Tehran) – Former OPEC affairs head of the the Iranian Ministry of Petroleum here on Saturday said Tehran and Riyadh are expected to seize the opportunity created after their rapprochement and develop their relations, particularly in oil and gas sectors.
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Senior expert in energy economics:
Iran-Saudi agreement most important geopolitical event in Middle East
SHANA (Tehran) – A senior expert in energy economics described the March 12 agreement between Iran and Saudi Arabia [on the restoration of diplomatic relations] as the most important event in the Middle East in recent years and the most effective development for OPEC and global oil market in 2023.
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Minister: Abadan petro-refinery with 210,000 bpd production capacity to come on stream within days
SHANA (Tehran) – A petro-refinery in Abadan, southwestern Iran, having a production capacity of 210,000 barrels per day (bpd) will become operational within days, said Oil Minister Javad Owji here on Wednesday.
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Second-stage contracts signed to revive Iran low-yield wells by using homegrown tech
SHANA (Tehran) – The second stage of reviving Iran’s low-yield wells got the go-ahead, as the Petroleum Industry Innotech Park head representing the National Iranian Oil Company and the representative of four knowledge-based companies inked the contracts here on Tuesday.
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CBI: Oil and gas sector posts highest industrial growth in autumn
SHANA (Tehran) – The latest report of the Central Bank of Iran (CBI) showed that the country’s oil and sector witnessed the highest economic growth in autumn and the first nine months of the current Iranian calendar year 1401, which started on March 21, 2022.
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Oil, condensate CDs worth $6m traded in IRENEX on first day
SHANA (Tehran) – The managing director of Iran Energy Exchange (IRENEX) here on Monday announced that the first-day transactions of certificates of deposit (CDs) of crude oil and gas condensates were valued at some six million dollars.
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Minister: Oil, condensate prices offered in IRENEX same for domestic, foreign purchasers
TEHRAN (Shana) – Oil Minister Javad Owji here on Sunday announced that the prices of crude oil and gas condensates sold to foreign clients in Iran Energy Exchange (IRENEX) within a certain time are also offered to domestic purchasers.