-
Iran And Russia Cooperate on Local Production of Catalysts
SHANA (Tehran) - The Iranian knowledge-based company of “Pishro Catalyst Almas” and the Russian company Antarx signed a memorandum of understanding on technology transfer and local production of the oil industry catalysts.
-
Iranian-Made Catalysts Ready to Enter Neighboring Countries Markets
SHANA (Tehran) - After successfully producing a great part of oil industry catalysts at home, the country now enjoys the potential to export the catalysts to meet the neighboring countries' needs.
-
Foreign Investment Quadrupled in Oil Industry
SHANA (Tehran) - The head of the parliament’s energy committee has said that foreign investment in Iran’s oil industry quadrupled during the 3 years of the 13th administration in office.
-
Mps Evaluate 3 Years of Petroleum Ministry Performance
SHANA (Tehran) - Following the tragic loss of Ibrahim Raisi during the incident of a chopper crash in May, Iran held a snap presidential election in which Masoud Pezeshkian, a reformist-supported candidate was elected as the 9th president of the Islamic Republic of Iran in the run-off election on July 5.
-
Monthly Price of OPEC Basket Rises
SHANA (Tehran) – The price of the OPEC basket of twelve crudes rose by 3.91 dollars month-on-month from 83.22 dollars on May 31 to 87.13 on June 30.
-
Petrochemicals Production Capacity Surpasses 95 mt
SHANA (Tehran) - Balanced development and completing the value chain are two main targets of the petrochemical industry which are expected to be attained over the next seven years.
-
Pezeshkian Wins Presidential Election
SHANA (Tehran) - Masoud Pezeshkian was elected as the new president of the Islamic Republic of Iran.
-
China’s Oil Imports from Iran Reach the Highest
SHANA (Tehran) - China’s independent refiners have increased their crude imports from Iran by 4.3 percent in June to an eight-month high of around 6.1 million metric tons.
-
Questioning Oil Selling Achievements Unfair
SHANA (Tehran) - While the enemy has announced clearly that it has failed to prevent Iran from selling its crude oil, some call it into doubt at home.
-
Energy Optimization Market Launched
SHANA (Tehran) - The managing director of the National Iranian Gas Company (NIGC) Majid Chegeni has said that the launch of the energy optimization market is one of the tools of people's participation.
-
Oil Exports Revenues Rose Considerably, Owji
SHANA (Tehran) - Iranian Minister of Petroleum Javad Owji says that Iran’s foreign exchange revenue from exporting crude, gas condensate, oil products, and petrochemicals rose 3.5 times during the 13th administration in office since August 2021.
-
Oil Sector Continues Growth in 1Q
SHANA (Tehran) - Oil sector growth was announced as positive over the first three months of the current Iranian calendar year of 1403, which began on March 21.
-
Lasting Energy Imbalance Could Be Dangerous
SHANA (Tehran) - We can overcome the energy imbalance in the country by cooperating with knowledge-based companies, collecting different ideas, and considering energy conservation as a priority, the deputy minister of petroleum for engineering, research, and technology said.
-
7 Gathering Associated Gases Projects Coming Online
SHANA (Tehran) - 7 gathering associated gases projects, worth 400 million dollars, will be completed over the first half of the current Iranian calendar year, which ends on March 20, 2025.
-
Iran Lifts Its Rank in OPEC
SHANA (Tehran) - Iran has overtaken Kuwait and Nigeria to be the fourth largest crude/condensate exporter of OPEC.
-
Iran-Russia Gas Deal to Strengthen Regional Energy Security
SHANA (Tehran) - The Iranian Minister of Petroleum says that signing the memorandum of understanding (MoU) for gas transfer from Russia to Iran will increase Iran’s share of the global gas trade, strengthening regional energy security considerably.
-
Weekly Price of OPEC Basket Rises
SHANA (Tehran) – The weekly price of the OPEC basket of twelve crudes rose by 13 cents during the week ending on June 27.
-
NIGC and Gazprom Sign Gas Trade Mou
SHANA (Tehran) - The Iranian National Gas Company (NIGC) and the Russian company Gazprom signed a memorandum of understanding today for gas transfer from Russia to Iran.
-
Oil Production Rose by 60 Percent, Owji
SHANA (Tehran) - Iranian Minister of Petroleum, Javad Owji, says that the country’s oil production has risen by 60 percent over the three past years of Ibrahim Raisi’s administration in office.
-
Oil Revenues Up By 300 Percent, NIOC Chief
SHANA (Tehran) - The managing director of the National Iranian Oil Company (NIOC) has said that Iran’s oil revenues rose by 300 percent during the 13th administration in office since August 2021.
-
Arian Methanol Petrochemical Launched
SHANA (Tehran) - Arian Methanol Petrochemical with annual production capacity of 1.650 million tons of products and an investment of 243 million dollars was put into operation.
-
NIDC Revives, Investing $800m in Drilling; NIOC Director
SHANA (Tehran) - Managing director of the National Iranian Oil Company (NIOC), Mohsen Khojastehmehr, says a license has been issued which allows the National Iranian Drilling Company (NIDC) to spend as much as 800 million dollars in purchasing drilling rigs as well as drilling related equipment and services.
-
NIORDC Director:
Fuel Conservation Income Equals To 80 Percent Of Oil Exports Earnings
SHANA (Tehran) - Fuel conservation solutions not only can make revenue equal to 80 percent of crude oil exports for the country but are the most available ones as well.
-
NIGC Achieves Its Development Plans Fully
SHANA (Tehran) - The National Iranian Gas Company’s (NIGC) director for coordination and supervision of production, Ahmad Zamani, says that NIGC has managed to realize the Petroleum Ministry’s programs by one hundred percent.
-
Iran Exports Oil To 15 Countries
SHANA (Tehran) - Iranian Minister of Petroleum Javad Owji says that currently Iran exports crude oil to 15 different countries across the world.
-
Mokber Hails 13th Administration Oil Selling Achievements
SHANA (Tehran) - While at the beginning of the 13th administration taking office, the country’s oil selling capacity stood at 300 thousand barrels per day it rose to 1.8 million barrels per day a year and a half later.
-
OPEC Weekly Price Rises for Two Weeks in A Row
SHANA (Tehran) – The weekly price of OPEC basket of twelve crudes rose by 2.04 dollars during the week ending on June 20.
-
Iran Registers Highest Rate of Growth in The Region
SHANA (Tehran) - Head of Central Bank of Iran (CBI), Mohammad Farzin, says that Iran has registered the highest rate of economic growth in the region.
-
No U.S Government Can Stop Iran’s Rising Oil Exports, Owji
SHANA (Tehran) - Iranian minister of petroleum, Javad Owji, says that Iran’s oil exports have risen by threefold since the 13th administration took office three years ago, adding no government in the U.S can stand in the way of Iran’s oil production and exports regardless of who takes power in Washington.
-
150 Projects Worth $34B Launched in Past 3 Years, Owji
SHANA (Tehran) - Iranian Minister of Petroleum, Javad Owji, has said that over the first three years of the 13th administration in office, 150 oil industry projects, worth 34 billion dollars, have become active.