oil
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Iran has no restrictions on cooperation with foreign investors
SHANA (Tehran) – Iran’s oil minister emphasized that the country has no restrictions on working with foreign investors, stating that achieving the goals of Iran’s oil industry requires investment.
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Non-governmental Oil Industry Guarantee Fund unveiled
SHANA (Tehran) – The Non-Governmental Oil Industry Guarantee Fund was unveiled Tuesday with a registered capital of €300 million in the presence of Oil Minister Mohsen Paknejad.
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Launch of financing framework for upstream oil, gas contracts
SHANA (Tehran) – The financing framework for upstream oil and gas contracts and the first payment commitment certificate in this sector were unveiled in a ceremony attended by the oil minister.
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Targeted 6.5 mbd of oil production capacity is realistic, official says
SHANA (Tehran) – Head of Economic Department of the Leader's Office Ali Aqa-Mohammadi emphasized that Iran’s 6.5 million-barrel oil production capacity is realistic, stating that it is the result of three years of field and technical studies on oil reserves. With the government’s executive determination, this capacity has now been incorporated into an action plan.
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Iran ready to attract major oil, gas investors with innovative models
SHANA (Tehran) – First Vice President Mohammadreza Aref announced that the Islamic Republic of Iran is prepared to offer attractive investment packages and innovative partnership models to facilitate the entry of major investors into large-scale oil and gas projects.
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'Beta' financing package in Iran’s oil industry unveiled
SHANA (Tehran) – The "Beta" financing package ("Be Tavan-e Iran" or "With Iran's Power") was unveiled Tuesday, April 22, at an event focused on investment and development in Iran's upstream oil and gas sector. The ceremony was attended by First Vice President Mohammadreza Aref and Oil Minister Mohsen Paknejad.
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Paknejad:
Oil Ministry ready to discuss contract terms with private sector
SHANA (Tehran) – Oil Minister Mohsen Paknejad emphasized the need for national synergy to achieve the year’s economic goals, announcing over 200 investment opportunities, new incentive packages, financing solutions, and the launch of an Oil Guarantee Fund to support investors in the strategic oil industry. He stated: "We are ready to negotiate with the private sector on various contract models."
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Performance of approved joint field development plans reviewed
SHANA (Tehran) – The first meeting of the Economic Council in 1404 reviewed the implementation of approved measures and solutions to operational challenges in developing joint oil and gas fields in southern and western Iran.
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Iran’s oil opportunities: Targeting a 7.7-million-barrel increase in oil storage capacity
SHANA (Tehran) – The National Iranian Oil Company (NIOC) has plans to boost the country’s crude oil storage capacity by 7.7 million barrels by introducing five projects at the "Transformation in Investment and Development in Iran’s Upstream Oil and Gas" event.
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Iran’s oil opportunities: Power generation, transmission
SHANA (Tehran) – Iran faces growing energy imbalances, with natural gas shortages in winter and electricity shortages in summer.
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Iran’s oil opportunities: Water desalination projects
SHANA (Tehran) – Water desalination in the oil industry serves two main purposes: meeting the sector's water needs and fulfilling social responsibilities. Now, three new desalination projects with a total daily capacity of 13,600 cubic meters will be introduced to investors at Iran’s Upstream Oil and Gas Investment and Development Transformation Event.
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Iran’s oil opportunities: Natural gas liquids
SHANA (Tehran) – Natural gas liquids (NGLs) have recently become one of Iran’s top non-oil exports, according to official statistics. However, the country has far greater potential in this sector, and with new investments, it can secure a larger share of the global NGL market.
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Movement toward sustainable development in oil industry relies on investors’ role
SHANA (Tehran) – A member of Iranian Parliament called the "Transformation in Investment and Upstream Oil & Gas Development" event a significant step toward economic growth and sustainable development in Iran.
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Iran’s oil opportunities: Gas refinery development
SHANA (Tehran) – Iranian Central Oil Fields Company (ICOFC) has plans to introduce an investment opportunity in gas refinery development with a daily refining capacity of 20 million cubic meters at the "Transformation in Investment and Development in Iran’s Oil and Gas Upstream" event.
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Iran Oil Show 2025 to focus on investment
SHANA (Tehran) – The poster for the 29th International Oil, Gas, Refining, and Petrochemical Exhibition (Iran Oil Show 2025) was unveiled with the slogan "Investment in the Oil Industry Ensures Economic Growth and Development."
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Iran’s oil opportunities: Gas sweetening
SHANA (Tehran) – One of the most attractive investment opportunities in Iran’s oil and gas industry is gas sweetening, which offers significant benefits, including: - Boosting GDP and foreign currency earnings - Reducing emissions and environmental impact - Helping address gas supply shortages
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Developing growth-oriented approach in oil, gas industry
SHANA (Tehran) – The CEO of Pasargad Exploration, Development and Production Company emphasized the importance of fostering a growth-oriented approach in oil and gas field operations, stating that institutionalizing this mindset across government bodies and industry players would optimize resource use, improve critical infrastructure, and boost economic prosperity.
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Foreign Ministry spokesman responds to Kuwait’s renewed claims
Iran hopes Kuwait will agree to talks on Arash gas field
SHANA (Tehran) – Foreign Ministry spokesperson Esmaeil Baqaei on Monday reiterated that the dispute over the shared Arash gas field must be resolved through negotiations and mutual agreement, taking into account the historical and customary rights of both parties.
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MP:
Investment in oil key to turning potential into national wealth
SHANA (Tehran) – A member of Iran's Parliamentary Industries and Mines Committee said the country’s oil and gas sector holds immense potential, which – if managed properly – could generate significant added value for the nation.
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Iran’s oil opportunities: Rapid-deployment skid-mounted units for crude processing
SHANA (Tehran) – Projects using skid-mounted equipment to speed up crude oil processing will be introduced at the "Transformation in Investment and Upstream Oil Industry Development" event, highlighting the efforts of the National Iranian South Oil Company.
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Iran’s oil opportunities: Gas pressure boosting stations
SHANA (Tehran) – Five sour gas pressure boosting station projects, aimed at collecting, pressurizing and transferring up to 108 million cubic meters per day of associated gas, will be introduced to investors at the Transformation in Investment and Development in Iran’s Upstream Oil and Gas event.
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16 specialized sessions to be held at Oil Industry Investment Transformation Event
SHANA (Tehran) – Amir Moqiseh, investment and business development manager at the National Iranian Oil Company (NIOC), said 16 specialized sessions will be held at the Investment and Development Transformation Event in Iran’s upstream oil and gas sector.
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Iran's oil opportunities: Smart pigging as a step toward safety, sustainability
SHANA (Tehran) - The National Iranian Oil Company (NIOC) has plans to introduce a new project to develop smart pigging technology, creating fresh opportunities for domestic and foreign investors in the oil and gas sector.
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Support for investors 'will transform Iranian oil industry'
SHANA (Tehran) – The former CEO of the National Iranian Tanker Company (NITC) emphasized the need to support Iranian investors in the oil and gas sector, stating that ensuring the welfare of the public is only possible through effective backing of investors, particularly domestic investors and Iranians living abroad.
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MP:
Oil, gas: Path to sustainable development
SHANA (Tehran) – The deputy chairman of the Iranian Parliament’s Energy Committee stated that oil and gas are central to achieving sustainable development, emphasizing that Iran, as one of the world’s largest holders of oil and gas reserves, has unparalleled potential to generate wealth and advance sustainable development.
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Lawmaker:
Investment in oil, gas upstream sector key to sustainable energy development
SHANA (Tehran) – The head of the Entrepreneurship and Removing Production and Employment Barriers faction in Parliament said that in a year designated for boosting production as the country’s central goal, focusing on the oil and gas upstream sector has become even more critical.
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MP:
Building trust for investment key to sustainable development in oil, gas
SHANA (Tehran) – A member of the Iranian Parliament’s Energy Committee said that as this year has been designated the "Year of Investment for Production," one of the main challenges in achieving this goal is building public trust in investment processes.
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Iran oil opportunities: Support projects in strategic regions
SHANA (Tehran) – The National Iranian Oil Company (NIOC) will unveil a comprehensive plan to invest in support projects aimed at developing oil industry infrastructure and bolstering related operations. These projects involve activities by the Caspian Oil Company, Iran Offshore Oil Co., Iranian Oil Terminals Company, and the Pars and Lavan special economic zones.
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Redefining oil contracts: An endless battle amid sanctions
SHANA (Tehran) – Iran’s oil industry, grappling with sanctions and regional competition, is redefining its contracts to boost appeal and attract investors—a shift that could free the sector from constraints and open new avenues for international cooperation.
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China to Let US Down over Iran Oil Ban
SHANA (Tehran) - US President Donald Trump has reiterated his determination to squeeze Iranian oil production to zero. But Iranian Minister of Petroleum Mohsen Paknejad has said the Americans would never see their dream come true.