oil

$4.5b earmarked to Develop Upstream Gas Sector in Fars

FARS (Shana) – Iranian Minister of Petroleum Javad Owji said plans are underway to invest $4.5 billion for the development of the upstream gas sector in the southern province of Fars.
2021-10-14 13:44
NIDC, SeaLand Ink Drilling Agreement

TEHRAN (Shana) – The National Iranian Drilling Company (NIDC) and SeaLand Engineering & Well Services have signed an agreement for the supply of two heavy drilling rigs to be used in the development plan of Bibi Hakimeh Oilfield.
2021-10-14 12:41
CBI Full Support Needed for Oil Barter Deals: Ex-Official

TEHRAN (Shana) -- The former director of international affairs of the National Iranian Oil Company said that the success of selling oil through barter depends on the cooperation between the Ministry of Petroleum and the Central Bank of Iran.
2021-10-12 13:15
Good News on Oil Contracts, Barter Underway

TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said: "Soon, good news will be announced about the diversity of contracts for crude oil, gas condensate and oil barter."
2021-10-10 16:58
Crude Oil Sales being Pursued Seriously: Official

TEHRAN (Shana) -- The head of the Planning and Budget Organization said: "We have serious measures on the agenda in the field of energy; we are seriously pursuing the sale of crude oil and we hope to be able to establish the same relations as before following the negotiations we have started with neighboring countries, especially Turkmenistan."
2021-10-10 16:40
Plans Underway to Invest $22 b to Maintain Gas Production

TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said the country would need to invest $22 billion in the gas sector given the drop in gas pressure within the next 6 to 8 years.
2021-10-08 23:21
New AOGC Caretaker Appointed

TEHRAN (Shana) – The CEO of the National Iranian Oil Company (NIOC) issued a decree to appoint Abdullah Azari as the caretaker of Arvandan Oil and Gas Company (AOGC).
2021-10-05 09:08
New IOOC Caretaker Appointed

TEHRAN (Shana) – The CEO of the National Iranian Oil Company (NIOC) issued a decree to appoint Alireza Mehdizadeh as the caretaker of the Iranian Offshore Oil Company (IOOC).
2021-10-05 09:03
NIOC CEO Appoints NISOC Caretaker

TEHRAN (Shana) – The CEO of the National Iranian Oil Company (NIOC) issued a decree appointing Alireza Daneshi as the caretaker of the National Iranian South Oil Company (NISOC).
2021-10-05 08:57
OPEC+ Agrees to Increase 400,000 bpd in Oil Output in Nov.

TEHRAN (SHANA) -- The Organization of the Petroleum Exporting Countries and its allies reached an agreement on Monday to raise their total crude oil output by 400,000 bpd for November.
2021-10-04 17:36
21st OPEC+ Meeting Begins

TEHRAN (Shana) -- The 21st meeting of the oil and energy ministers of the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC countries began a few minutes ago via videoconference.
2021-10-04 16:50
Petchem Industry Could Revive Iran Economy: Official

TEHRAN (Shana) – The secretary general of Iran's Association of Petrochemical Industry Corporation (APIC) said the petrochemical industry can revive Iran's economy.
2021-10-03 15:55
Owji Appoints Assistant for Oil, Gas Condensate Sales

TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji issued a decree appointing Mohammad Javad Bavand as "Assistant Minister for Oil, Gas Condensate and Products Sales and Supervision of Naftiran Intertrade Company".
2021-10-03 11:08
Owji Visits Gachsaran Petchem Project

YASOUJ (Shana) -- Javad Owji, Minister of Petroleum of the 13th administration, arrived in Kohgiluyeh and Boyer-Ahmad Province this morning (Friday, October 1) along with President Seyed Ibrahim Raisi, on the sidelines of a one-day trip to start the Chamshir Dam construction project. He then visited the ongoing project of Gachsaran Petrochemical Plant and Sarbisheh Gachsaran Industrial Development.
2021-10-01 22:25
MOP to Launch 62 CSR Plans in Kohgiluyeh and Boyer-Ahmad

YASOUJ (Shana) – Iranian Minister of Petroleum Javad Owji said over 62 corporate social responsibility plans are scheduled to be implemented in the western province of Kohgiluyeh and Boyer-Ahmad.
2021-10-01 22:15
Completing Unfinished Projects, Main MOP Agenda: Min.

YASOUJ (Shana) – Iranian Minister of Petroleum Javad Owji said completion of the petroleum industry’s half-finished projects is the main concern of the Raisi administration.
2021-10-01 22:04
Russian Ambassador meets with Owji

TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji received the Ambassador of the Russian Federation in Tehran, Levan Dzhagaryan, in his Tehran office on Tuesday, September 28, 2021.
2021-09-29 09:26
Owji Receives Sri Lankan Energy Minister

TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji met with Sri Lankan Energy Minister Udaya Gammanpila to discuss Tehran-Colombo energy cooperation.
2021-09-26 16:29
Sri Lankan Minister of Energy visits Tehran Oil Refining Company

TEHRAN (Shana) -- The Minister of Energy of Sri Lanka together with a group of technical and commercial officials of the country visited the Tehran Oil Refining Company.
2021-09-25 17:33
NIOC Bracing for Big Jobs: CEO

TEHRAN (Shana) – The newly-appointed CEO of the National Iranian Oil Company (NIOC) emphasized the need to adopt macro approaches based on comprehensive views and pay special attention to productivity, efficiency and scientific management, said: “NIOC, taking advantage of these characteristics and creating synergies between forces, will be ready to perform major tasks.”
2021-09-25 16:50
Minister Visits Azar Oilfield Development Project

ILAM (Shana) – Iranian Minister of Petroleum Javad Owji paid a visit to the Azar oil field development project in Ilam Province, western Iran.
2021-09-25 13:19
Iran to Boost Oil Output in Ilam Province

TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said Iran’s oil production in the western province of Ilam is projected to increase by 100,000 barrels per day.
2021-09-25 11:13
MOP Plans $4b Investment in Ilam Province

TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said his ministry is planning to invest 4 billion dollars in the western province of Ilam to develop oil and energy projects.
2021-09-24 14:26
Iran Firm Wins IPMA Award for Project Excellence

TEHRAN (Shana) -- The Iranian developer of Azar joint field development project won the IPMA Global Project Excellence Management Award in the mega projects section of the award.
2021-09-24 11:00
Owji Appoints NIOC CEO

TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji appointed Mohsen Khojasteh Mehr as his deputy and the CEO of the National Iranian Oil Company (NIOC).
2021-09-22 20:48
Iran Eyes $145b Investment in Oil Industry

TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said plans are under way to attract $145 billion from Iranian and foreign investors in the petroleum industry within the next 4 to 8 years.
2021-09-21 16:11
Minister of Petroleum Receives Sinopec Officials

TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji met with Zhong Guidong, President of Sinopec Iran Branch, in Tehran this morning (September 21).
2021-09-21 13:38
Owji Appoints Caretaker of Int'l Affairs

TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji issued a decree appointing Ahmad Asadzadeh as the caretaker of the Iranian Ministry of Petroleum’s department for international affairs and trading.
2021-09-20 13:05
Last Deck of Forouzan Residential Platform Installed

TEHRAN (Shana) -- The last deck (Heli Deck) of the FYA residential platform of Forouzan Joint Field was installed in its designated offshore spot.
2021-09-18 16:45
MOP Determined to Develop Joint Fields

TEHRAN (Shana) -- The Deputy Chairman of the Energy Commission of the Islamic Consultative Assembly said: "The determination of the Ministry of Petroleum under the 13th administration and the move towards increasing production in joint oil fields is commendable."
2021-09-18 16:41