oil

Talks Continue with China in South Pars Phase 11

TEHRAN (Shana) -- The CEO of the Pars Oil and Gas Company (POGC) said that talks were going on with Chinese developers in South Pars Phase 11 project.
2019-08-06 16:04
US Failed to Bring Iran Oil Exports to Zero: Speaker

TEHRAN (Shana) -- Iranian Parliament Speaker Ali Larijani said that the US had failed to achieve anything by imposing sanctions on Iran, adding, “They failed to bring Iran’s oil exports to zero.”
2019-08-06 15:35
Peace with Iran: Mother of all Peaces: Rouhani

TEHRAN (Shana) -- Iranian President Hassan Rouhani said that peace with Iran was the mother of all the peace in the world, adding, “No one can blemish our security and expect to remain secure.”
2019-08-06 15:05
New Generation of Exploration Activities to Begin in Northeast Iran: Official

TEHRAN (Shana) -- The Director of Exploration Department of the National Iranian Oil Company (NIOC) announced the start of a new generation of exploration activities in the northeast of the country.
2019-08-04 16:35
NIOC Inks Research Deals with Knowledge-based Firms

TEHRAN (Shana) – The Exploration Department of the National Iranian Oil Company (NIOC) has signed 4 research contracts with universities and knowledge-based firms.
2019-08-04 16:04
Smoke in Iranian Petroleum Ministry Removed

TEHRAN (Shana) -- The smoke which drifted inside the central building of the Iranian Ministry of Petroleum due to a power glitch on Sunday morning was eliminated immediately.
2019-08-04 11:16
KACH to Build Petro-refineries in Iran

TEHRAN (Shana) -- Khatam-al Anbiya Construction Headquarters (KACH) has agreed to cooperate with the Iranian Ministry of Petroleum in building petro-refineries in the country.
2019-07-31 15:04
Oil Revenues should be Handled in INSTEX: FM

TEHRAN (Shana) -- Iranian Foreign Minister Mohammad Javad Zarif said on Wednesday that Instrument in Support of Trade Exchanges (INSTEX) should also included oil revenues and transactions.
2019-07-31 14:44
PEDEC Pursuing Oil Project in Makran, West Karoon Regions

TEHRAN (Shana) – The National Iranian Oil Company (in line with the National Resilience Economy Plan) is pursuing enhancement of crude oil production capacity in West Karoon joint oilfields, construction of the Goreh-Jask Pipeline, building a crude oil export terminal in Jask Port, and bringing phases 13, 14 and 22 to 24 of South Pars to full production tilt. Since the first two priorities of these priorities fall into the realm of the Petroleum Engineering and Development Company (PEDEC) activities, we (Shana) talked with PEDEC CEO Touraj Dehghani about the company’s latest activities in West Karoon and Jast Port.
2019-07-29 11:55
NIDC Drills 41 Oil, Gas Wells in 4 Months

TEHRAN (Shana) -- The National Iranian Drilling Company (NIDC) has successfully spudded 41 oil and gas wells since March.
2019-07-28 16:22
Solar Monitoring System of Salman Platform’s Turbines Updated

TEHRAN (Shana) – The Solar Monitoring System of the turbines of Salman Offshore Platform have been updated by experts of the platform.
2019-07-28 15:08
MOGPC Output Exceeds Expectations

TEHRAN (Shana) – The CEO of Maroon Oil and Gas Production Company (MOGPC) said his company’s output had been more than expectations in the first three months of the current calendar year, which began on March 21.
2019-07-24 18:01
Iran to Continue Oil Exports However Possible: Official

TEHRAN (Shana) -- An Iranian deputy minister of foreign affairs said Iran would continue its crude oil exports under any circumstances.
2019-07-24 17:07
Biological Waste Management Could Halve Drilling Costs: CEO

TEHRAN (Shana) – The National Iranian South Oil Company (NISOC) CEO said biological waste management could halve drilling costs in oil projects, expressing optimism that all the country’s drilling fleet would be equipped with such systems.
2019-07-23 14:15
Infographic: Peak Oil

2019-07-23 11:38
Iran Oil Tanker Returns from Saudi Port after 80 Days

TEHRAN (Shana) -- The National Iranian Tanker Company (NITC) announced that an Iranian oil tanker returned to the country from Saudi Arabia’s Jeddah Port after two months and 20 days due to technical failure.
2019-07-22 12:29
Iran Oil Exports not Impacted by Recent Tanker Incidents

TEHRAN (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh said the recent incidents concerning oil vessels had not impacted Iran’s oil exports yet.
2019-07-21 13:31
Mobile Oil Separator Launched in South Yaran Field

TEHRAN (Shana) – A Mobile Oil Separator (MOS) has been launched in South Yaran Oilfield.
2019-07-21 12:12
Ferdowsi, Mideast Largest Heavy Oil Field

TEHRAN (Shana) -- The Ferdowsi oil field in the Persian Gulf is among the Middle East reservoirs with about 37 billion barrels of heavy crude oil.
2019-07-20 10:28
Changuleh Oil Field Up for Investment

TEHRAN (Shana) -- The Changuleh oil field, which is located in western Iran, is among fields envisaged by National Iranian Oil Company (NIOC) for development. After the new model of oil contracts, known as the Iran Petroleum Contract (IPC), was unveiled, Changuleh was among oil fields introduced for foreign investment. NIOC plans to develop Changuleh in two phases.
2019-07-20 10:16
Project to Enhance Sa’adat Abad Oilfield Commences

TEHRAN (Shana) – A project to maintain and enhance oil production at Sa’adat Abad oil field has begun with the aim of increasing the field’s crude oil output by 3,000 b/d.
2019-07-17 16:27
US to Fail in Stopping Iran Oil Exports: Veep

TEHRAN (Shana) -- First Vice President Eshaq Jahangiri said: “Despite the fact that the country’s revenues and budget have been influenced by US sanctions, Washington’s efforts to bring Iran’s oil exports to zero will not be a success.”
2019-07-17 15:56
AOGPC Builds Key Turbine Item Domestically

TEHRAN (Shana) -- The CEO of Aghajari Oil and Gas Production Company (AOGPC) said his company had developed parts of a Solar Turbines turbine which had saved the country IRR 100 billion.
2019-07-17 15:23
US Oil Output Hike, Challenge to Mideast

TEHRAN (Shana) -- US President Donald Trump’s energy policy has had significant impacts on global markets. Under his administration, the United States has managed to increase its oil production to levels exceeding leading producers Russia and Saudi Arabia.
2019-07-16 12:13
Iran to Continue Oil Exports Under Any Conditions: FM

TEHRAN (Shana) – Iranian Minister of Foreign Affairs Javad Zarif said the country would continue its oil exports under any conditions.
2019-07-14 15:43
NIOC to Ink 10 Domestic Deals on Production Maintenance, Enhancement

TEHRAN (Shana) – An official with the National Iranian Oil Company (NIOC) said the company was planning to sign ten production maintenance and enhancement contracts with domestic firms within the next two months.
2019-07-13 16:33
Iran Oil Export Info, War Intelligence: Zangeneh

TEHRAN (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh said disclosing information about Iran’s current oil exports is tantamount to disclosing wartime intelligence as the country is now involved in an economic war.
2019-07-10 15:28
Iran NOCs Entrust Comprehensive Studies of Oil Reservoirs to Local Firms

TEHRAN (Shana) -- This May, during the International Tehran Oil Show, the National Iranian South Oil Company (NISOC), among other Iranian oil companies, signed a contract for comprehensive studies on six oil fields.
2019-07-10 10:44
Tehran Continues Legal, Political Measures until Release of Iranian Tanker: Spokesman

TEHRAN (Shana) – Spokesman of the Iranian Ministry of Foreign Affairs Abbas Mousavi said Tehran would continue legal and political measures until the release of the Iranian oil tanker seized by British Marines.
2019-07-08 14:40
No Law Supports Seizure of Iran Oil Tanker by British Navy: Official

TEHRAN (Shana) -- Iran's Deputy Foreign Minister Abbas Araghchi described the recent capture of an Iran-flagged vessel by British Royal Marines as “Piracy”, saying, “No law supports capture of the Iranian oil tanker.”
2019-07-07 16:26