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Iran-Turkmenistan Gas Case Still Open

TEHRAN (Shana) -- The National Iranian Gas Company (NIGC) said that the gas case between NIGC and Türkmengaz Company was still being considered in the International Court of Arbitration.
2019-07-30 12:40
Veep Calls on Allies to be more “Active” in Buying Iran Oil

TEHRAN (Shana) -- First Vice President Eshaq Jahanigiri called on China and other friendly countries to be more active in buying crude oil from Iran.
2019-07-30 10:26
Seizure of Iran Oil Tanker by UK against JCPOA: Spokesman

TEHRAN (Shana) – Spokesman of the Iranian Ministry of Foreign Affairs Abbas Mousavi said that seizure of the tanker that carried Iranian oil by the British marines was a violation of the Joint Comprehensive Plan of Action (JCPOA).
2019-07-29 16:31
Iran to Launch Projects to Add 3 mt to Annual Propylene Output

TEHRAN (Shana) – 7 propylene production projects have been devised to add 3 million tons of propylene to Iran’s annual production capacity of the item.
2019-07-29 16:28
12 Downstream Petchem Projects Under way in PETZONE

TEHRAN (Shana) -- The CEO of the Petrochemical Special Economic Zone Organization (PETZONE) said that appraisal studies were being carried out for construction of 12 downstream petrochemical projects in the PETZONE.
2019-07-29 12:03
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
LPG storage Tanks Launched in South Pars Phase 19

TEHRAN (Shana) -- The simultaneous storage of four propane and butane (LPG) reservoirs belonging to Phase 19 of South Pars Gas Field has begun by Petropars Company.
2019-07-28 16:16
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
97% Self-Sufficiency of Equipment Supply in Hasheminejad Gas Refinery

TEHRAN (Shana) – Iran has attained 97 percent self-sufficiency in equipment supply for Shahid Hasheminejad Gas Refining Company, an official with the refinery said.
2019-07-28 15:00
RIPI Hosts 1st Iran-Russia Seminar on Catalysts

TEHRAN (Shana) -- The first joint Russian-Iranian seminar on catalysts and laboratory equipment was held at the Research Institute of Petroleum Industry (RIPI).
2019-07-27 16:12
NIOC to Offer 2 mb of Heavy Crude Oil at IRENEX on July 30

TEHRAN (Shana) – The National Iranian Oil Company (NIOC) has planned to sell 2 million barrels of heavy crude oil on the Iran Energy Exchange (IRENEX) on July 30 at $58.81/b.
2019-07-27 16:01
Installing Offshore Platform in South Part Phase 14

2019-07-27 09:09
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 Plast to Highlight Knowledge-based Firms in Polymer Industry

TEHRAN (Shana) – Tehran is hosting the 13th International Exhibition of Iran Plast in September which will set the ground for introduction of knowledge-based companies active in the field of polymer technologies.
2019-07-24 17:39
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
Gas Project Wins Energy Globe Award

TEHRAN (Shana) -- The project to gather associated gas in Iran’s Parsi field has been awarded the Energy Globe for preventing the burning of associated gases and preventing environmental pollution in Aghajari Oil and Gas Operational District.
2019-07-24 16:43
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
1st Refinery of Phase 14 Online by November

TEHRAN (Shana) -- The CEO of Pars Oil and Gas Company (POGC) said the onshore refining unit of Phase 14 of supergiant South Pars gas field would become operational by November 2019.
2019-07-20 15:03
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
Iran Crude Oil Refining Capacity Growing

TEHRAN (Shana) -- The CEO of National Iranian Oil Refining and Distribution Company (NIORDC) has said Iran’s crude oil and gas condensate refining capacity has increased from 1.55 mb/d in 2017 to 2.15 mb/d.
2019-07-20 10:11
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
Karoon Petchem Plant Eyes 40% Output Growth

TEHRAN (Shana) – Karoon Petrochemical Plant has devised a plan which would enhance its output by 40 percent once completed.
2019-07-17 13:52