oil
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Oil Revenues Belong to Iranian Nation: Veep
TEHRAN (Shana) – First Vice President Eshaq Jahangiri said that oil belonged to the Iranian nation and its revenues would be spent on developing the country.
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Iran's Oil Sales not Banned by any Int'l Body: FM
TEHRAN (Shana) -- "Iran is not committed to EU decisions and Europe will not seek to impose its decisions on any country outside the EU," the Iranian foreign minister said, stressing that Iran's oil sales were not sanctioned by any international body.
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88% of Associated Gases Gathered in Maroon
TEHRAN (Shana) -- The CEO of Maroon Oil and Gas Production Company said the company was currently gathering 88 percent of the associated petroleum gas in its operational districts.
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Iran Warns against Re-Seizure of Adrian Darya 1
TEHRAN (Shana) -- Spokesman for the Iranian Foreign Ministry Abbas Mousavi said the UK’s July 4 seizure of a tanker carrying Iranian oil in Gibraltar was an illegal action, and warned against any acts regarding the detention of the tanker.
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Zero Gas Flare in Arvandan Soon
TEHRAN (Shana) -- The CEO of Arvandan Oil and Gas Company said his company had taken measures to bring to zero its gas flaring by gathering the associated gases by mobile processing machinery.
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NIOC to Offer Heavy Crude Oil at IRENEX on Aug. 21
TEHRAN (Shana) – The National Iranian Oil Company (NIOC) has planned to offer 2 million barrels of heavy crude oil on the international floor of the Iran Energy Exchange (IRENEX) on August 21 at $52.81 per barrel.
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NISOC to Ink New Deals on Oil Production Maintenance, Enhancement
TEHRAN (Shana) -- An official with the National Iranian South Oil Company (NISOC) said the company had planned to sign three contract packages for oil production maintenance and enhancement in 28 reserves operated by NISOC.
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Timely Implementation of Goreh-Jask Pipeline Project Necessary: CEO
TEHRAN (Shana) -- The CEO of the Petroleum Engineering and Development Company (PEDEC) stressed the necessity of completing the Goreh-Jask oil pipeline project on time.
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Iran Raises Crude Oil Production in North Yaran
TEHRAN (Shana) – Iran’s crude oi production from North Yaran Oilfield has increased by 1,000 b/d, an official with the developer of the field said.
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Some Middle Eastern Oil Countries Need US Support: Zangeneh
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said, "Some Middle Eastern oil countries need the United States more than the United States needs them.”
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Iran Could become Influential in World Propylene Production: Official
TEHRAN (Shana) – A senior adviser to the Social Security Investment Company (SSIC) said Iran could play an influential role in the global propylene production by investing heavily in the methanol industry.
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SZOGPC Manufactures, Repairs over 500 Oil Industry Items
TEHRAN (Shana) -- South Zagros Oil and Gas Production Company (SZOGPC) has manufactured or repaired the 521 items needed in the oil and gas industry domestically.
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NIOC to Offer 2 mb of Heavy Crude Oil at IRENEX on Aug. 13
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 August 13 at $57.98 per barrel.
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Oil Trade, Banking Ties, Basic Rights for Iran: Rouhani
TEHRAN (Shana) -- In a phone conversation with French President Emanuel Macron on Tuesday afternoon, President Hassan Rouhani of Iran said oil export and banking transactions are the “most important economic rights of Iran”.
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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.
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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.”
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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.”
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.