Shana

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.

Iran’s refining opportunities: 24 golden investment prospects up for grab

SHANA (Tehran) – The investment director of National Iranian Oil Refining and Distribution Company highlighted the company’s focus on increasing refining capacity, developing transfer infrastructure, and improving product quality, announcing 24 investment opportunities in the sector.

Moscow to host 18th Iran-Russia Economic Commission meeting

SHANA (Tehran) – The 18th meeting of the Iran-Russia Joint Economic Cooperation Commission will be held in Moscow from April 22 to 24.

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.

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.

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. 

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.

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.

Iran’s oil Opportunities: 15 energy optimization projects to be launched

SHANA (Tehran) – The National Iranian Oil Company has introduced 15 major energy optimization projects in the industrial, construction and transportation sectors to attract investment as part of its broader goal to reduce energy consumption. These projects present diverse opportunities for domestic and foreign private sector participation.

Iran to unveil new investment methods

Oil industry becoming more attractive to investors

SHANA (Tehran) – The deputy for international affairs and commerce at Iran’s Ministry of Oil said the oil and gas industry must become a secure and stable environment for domestic and international investors.

Iran’s oil opportunities: NIOC to introduces 23 oil, gas exploration blocks

SHANA (Tehran) – The National Iranian Oil Company (NIOC) is set to introduce 23 onshore and offshore exploration blocks to accelerate hydrocarbon resource exploration and attract investment. The estimated in-place reserves of these blocks total more than 193.8 billion barrels of oil and 783 trillion cubic feet of gas.

Red carpet for oil industry investors; Full investment security guaranteed

SHANA (Tehran) –The CEO of the National Iranian Oil Company (NIOC) announced the company’s comprehensive support for investors and economic stakeholders, stating: "NIOC is prepared to provide all necessary guarantees to ensure investment security in upstream oil projects."

Iran’s oil opportunities: Flare gas recovery

SHANA (Tehran) – A golden opportunity to capture 1 billion cubic feet per day of associated petroleum gas will be unveiled at the major national investment event. The initiative includes four opportunities for sweet gas recovery and 41 for sour gas recovery.

Iran’s oil opportunities: Onshore, offshore oil, gas fields development

SHANA (Tehran) - Iran’s oil industry is set to witness a major event on April 22, coinciding with progress in indirect talks between Iran and the US. 

Cooperation, awareness: Key to enhancing gas industry operations

SHANA (Tehran) - The deputy oil minister for gas affairs emphasized that mutual cooperation and awareness are two key factors in improving operational quality and advancing the gas industry.

President urges addressing energy imbalance challenge with diverse solutions

SHANA (Tehran) – The president outlined the government’s general framework for reducing energy consumption intensity, stating that past experiences have clearly shown the current state structure in this field is inadequate. "We must move toward a networked structure involving elites, community-based institutions, and reference groups," he said.

Iran ready to host investors in oil projects

SHANA (Tehran) – The caretaker of engineering and development at the National Iranian Oil Company (NIOC) announced the company’s readiness to host domestic and international investors in oil industry development projects, stating that diversification in upstream contracts has created favorable and secure conditions for investment.

Iran to unveil 200 oil Industry investment opportunities

SHANA (Tehran) - The investment and business director of the National Iranian Oil Company (NIOC) described the oil industry as an international sector, stating, “Iran is a paradise of opportunities for investors.”

Energy conservation is essential, says Leader

SHANA (Tehran) - Leader of the Islamic Republic Ayatollah Ali Khamenei stated that pressing issues such as excessive gasoline consumption, insufficient progress in educational equity and the struggles of disadvantaged groups can be resolved through persistent follow-up efforts.

Representatives from 30 countries to attend Iran’s Upstream Oil Investment Transformation Event

SHANA (Tehran) – Representatives from 30 countries across Europe, South America, Asia and Africa have expressed readiness to attend Iran’s Upstream Oil and Gas Investment Transformation event.

Convergence of oil and politics: From Muscat to Tehran

SHANA (Tehran) – As Iran’s foreign policy team negotiates to lift sanctions, the Ministry of Oil, tasked with energy diplomacy, has been actively preparing to attract both domestic and international investors.

Iran's oil production up by 12,000 bpd in March, OPEC reports

SHANA (Tehran) - According to OPEC's latest monthly report, Iran's crude oil production increased by 12,000 barrels per day (bpd) in March, reaching 3.335 million bpd. 

Paknejad:

Iraqi fields to supply feed for Iran’s NGL units

SHANA (Tehran) – Iran’s oil minister announced the signing of a memorandum of understanding to transfer feed for domestic natural gas liquids (NGL) units from fields near the Iran-Iraq border into the country.

Iran, Iraq ink MoUs to enhance joint cooperation

SHANA (Tehran) – Deputy Prime Minister for Energy Affairs and Minister of Oil, Hayan Abdul-Ghani Al-Sawad, received Iranian Oil Minister Mohsen Paknejad on Monday. During the meeting, prospects for joint cooperation between the two countries were discussed.

NIOPDC enjoys 16,000 road tankers in service; fleet stretches 176 kilometers

SHANA (Tehran) – The National Iranian Oil Products Distribution Company (NIOPDC) operates approximately 16,000 road tankers and 2,635 rail tankers. The company's road fleet, if lined up, would stretch about 176 kilometers—equivalent to the distance between Tehran and Amol or Chalus.

Iran’s oil minister arrives in Baghdad

SHANA (Tehran) – Iran’s Oil Minister Mohsen Paknejad arrived in Baghdad on a two-day visit to discuss expanding energy cooperation between Iran and Iraq.

Iran Oil Show: A golden opportunity for int’l cooperation

SHANA (Tehran) – The deputy minister of international affairs and commerce for Iran’s oil minister emphasized the importance of energy diplomacy, stating that the upcoming Tehran International Oil, Gas, Refining, and Petrochemical Exhibition (Iran Oil Show) offers unparalleled opportunities to expand global cooperation in the industry.

Triple proposal to attract oil giants: Reform, revision, diplomacy

SHANA (Tehran) – A former deputy international affairs minister at Iran’s Oil Ministry stated that domestic resources alone cannot meet the developmental needs of the oil industry, proposing three key measures: reforming decision-making structures, revising contractual models, and a strategic return to diplomatic engagement to facilitate the entry of major global oil companies into Iran’s energy sector.

ICOFC says investment opportunities worth $9b up for grab

SHANA (Tehran) – The CEO of the Iranian Central Oil Fields Company (ICOFC) said the company has prepared 11 investment packages worth approximately $9 billion to develop gas fields. Once operational, these projects will increase the country's daily gas production capacity by 100 to 140 million cubic meters.

Iranian oil minister to visit Iraq

SHANA (Tehran) - Iran’s Oil Minister Mohsen Paknejad announced he will travel to Iraq in the coming days, highlighting strong bilateral relations and cooperation in various fields, particularly in the oil industry and joint energy projects.