oil
-
24th Iran Oil Show Kicks off in Tehran
TEHRAN (Shana) -- The 24th Iran International Oil, Gas and Petrochemical Exhibition (Iran Oil Show) began in the permanent fairgrounds of the Iranian capital, Tehran.
-
NISOC Resists Bans at Full Capacity
TEHRAN (Shana) -- The CEO of the National Iranian South Oil Company (NISOC) said the company was fully withstanding the sanctions.
-
Tehran to Host 1st Int’l Conference on New Technologies in Oil, Gas, Petrochemical Industries
TEHRAN (Shana) -- The first international conference on new technologies in the oil, gas and petrochemical industries will be held on May 14 and 15 at Tehran University.
-
US Displayed “Schoolyard Bullying” by Re-Imposing Bans on Iran: Official
TEHRAN (Shana) -- A senior Iranian oil official said that the White House’s re-imposition of sanctions on Iran was US’s “schoolyard bullying” reaction to the new balance of power in the world.
-
Long-term Replacement of Iran Oil, Not Possible: MP
TEHRAN (Shana) -- A member of the Iranian parliament said offsetting the shortage caused by removal of Iranian oil from the market was not possible in the long run.
-
Production Boom Targeted by Iran Oil Show 2019
TEHRAN (Shana) -- The director of the 24th Iran International Oil, Gas, Refining and Petrochemicals Exhibition (Oil Show 2019) said the main theme of the event was production boom in the country.
-
Iran's Oil Exports to Continue: Official
TEHRAN (Shana) -- The head of the Iranian presidential office said: "The Islamic Republic of Iran will undoubtedly sell its oil and our oil revenue and exports will continue.”
-
Bringing Iran Oil Exports to Zero Impossible: Rouhani
TEHRAN (Shana) -- Iranian President Hassan Rouhani said, “Bringing Iran’s oil exports to zero was not possible and we will continue to sell our oil by various methods.”
-
Politicizing Oil, Big US Mistake: Zangeneh
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said the US had made a big mistake by politicizing oil, saying, “We will exert our maximum effort to break US sanctions.”
-
Oil Output Rises at Doroud Offshore Oilfield
TEHRAN (Shana) -- The Iranian Offshore Oil Company (IOOC) has increased oil production from Dorous offshore oilfield by launching Well D-6 in the field.
-
US Pressure on Iran Could Render Oil Market more Fragile: Zangeneh
TEHRAN (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh said the current crude oil market was in a fragile state, adding, “If the US decided to exert more pressure on Iran, the oil market would become unpredictably more fragile.”
-
How to Make Petrol or Gas from Crude Oil
How to Make Petrol or Gas from Crude Oil
-
Impact of Trump's Irrational Decisions on Oil Market
TEHRAN (Shana) -- The Brent crude oil, last night, for the first time in 2019, crossed the $71/barrel threshold, only hours after the US labelled Iran's elite Revolutionary Guard Corps a 'terror group', indicating that the US President, contrary to his tweets, not only was not concerned about stabilizing the oil market and helping cut fuel prices in the US, but also caused turmoil in the market with his illogical decisions.
-
Export of Petchems, Petroleum Products Satisfactory: Min.
TEHRAN (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh described the current state of Iran’s export of petrochemicals and petroleum products as satisfactory.
-
Iraq Oil Minister Lauds EIED Activities
TEHRAN (Shana) -- Thamer al-Ghadhban, Iraqi minister of oil, described the Energy Industries Engineering and Design (EIED, an affiliate to the Oil Industries' Engineering and Construction (OIEC)), as a strong and integrated complex.
-
Iran, Iraq Strike Understanding for Development of Joint Oilfields
TEHRAN (Shana) – Iran and Iraq have reached an understanding for joint development of Naft Shahr and Khorramshahr joint oilfields, Iranian Minister of Petroleum Bijan Zangeneh announced.
-
Oil Facilities not Preventing Water Flow to Hoor al-Azim Wetland
TEHRAN (Shana) -- An Iranian oil official said the facilities operating near Hoor al-Azim Wetland had not prevented the flow of water to the marshes.
-
Oil Market Supply/Demand Balance is Fragile--Iran
TEHRAN (Shana) -- The balance between supply and demand in the oil market is fragile, Iranian Minister of Petroleum Bijan Zangeneh said on Monday, as he called on crude producers to be wary of troubles caused by U.S. sanctions.
-
Zangeneh Appoints Deputy for Research, Technology
TEHRAN (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh issued a decree appointing Saeid Mohammad Zadeh as his deputy for engineering, research and technology affairs.
-
Iran Oil Export Terminals Up and Running
TEHRAN (Shana) -- Safety conditions have been established at Iran’s oil terminals to ensure there would be no interruptions in the country’s oil exports, said the CEO of the Iranian Oil Terminals Company (IOTC).
-
Iran's Crude Oil Pipelines Undamaged by Heavy Rain and Flooding
TEHRAN (Shana) -- Iran’s crude oil pipelines have not been damaged by recent flooding in various Iranian provinces, an official said, adding the transfer of oil was taking place normally.
-
Iran to Operate 27 South Pars Phases by March 2020
TEHRAN (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh said the country would be recovering natural gas and crude oil from 27 phases of the massive South Pars gas field by late March 2020.
-
IOOC Determines Fate of Iran Offshore Oilfields
TEHRAN (Shana) -- The Iranian Offshore Oil Company (IOOC) has signed deals with domestic companies for completion of production enhancement and maintenance projects for four offshore oil fields in Iran, IOOC CEO said.
-
PEDEC Priorities Outlined
TEHRAN (Shana) -- The CEO of Petroleum Engineering and Development Company (PEDEC) outlined the company’s priorities in the new Iranian calendar year which starts on March 21.
-
CEO of IOTC Appointed
TEHRAN (Shana) -- Masoud Karbasian, the National Iranian Oil Company (NIOC) CEO, has appointed Abbas Asadrouz as the new CEO of the Iranian Oil Terminals Company.
-
Iran Ready to Supply Gas to Iraq: Rouhani
TEHRAN (Shana) -- Iranian President Hassan Rouhani voiced Iran’s readiness to export natural gas to neighboring Iraq.
-
NIOC to Issue Fixed-Rate Bonds on March 13
TEHRAN (Shana) -- The National Iranian Oil Company (NIOC) will start offering Rls. 20,000 billion worth of fixed rate bonds (Manfa’at Bonds) on Wednesday, March 13, 2019, in order to provide financing for projects aimed at production enhancement and maintenance of oil fields.
-
Iran Sitting atop 200 Undeveloped Oil/Gas Reservoirs
TEHRAN (Shana) -- There are currently over 200 undeveloped oil and gas reservoirs in Iran, an official said.
-
Iran, Iraq Ink Oil Agreements
TEHRAN (Shana) -- Iran and Iraq signed five deals to promote cooperation in various fields on the first day of Iranian President Hassan Rouhani’s trip to Baghdad.