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NIOC Discovers New Oil Reservoirs in Southwest Iran
TEHRAN (Shana) -- The director of exploration of the National Iranian Oil Company (NIOC) announced the discovery of new oil reservoirs in the southwest of Iran, and said: “There are 14 oil and gas exploration blocks in the country.”
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South Pars Phase 11 Online Soon
TEHRAN (Shana) – The CEO of the National Iranian Oil Company (NIOC) said phase 11 of the massive South Pars gas field would start production in the near future.
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Statement of 34th OPEC and non-OPEC Ministerial Meeting
TEHRAN (Shana) -- The 34th OPEC and non-OPEC Ministerial Meeting took place by videoconference on Sunday, 4 December 2022.
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Oil Market Concerned about Glut in Coming Months: Owji
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji underlined concerns about the possible consequences of the spread of coronavirus in some regions, especially China, for the economic growth of the world and the possible demand destruction, saying: “There are concerns about the possibility of a glut in the oil market in the coming months.”
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34th OPEC+ Ministerial Meeting Starts Virtually
TEHRAN (Shana) -- The 34th ministerial meeting of the Organization of the Petroleum Exporting Countries (OPEC) and their non-OPEC allies began a few minutes ago via video conference.
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OPEC+ Sticks to 2mbd Output Cut
TEHRAN (Shana) -- The 23 member countries of the Organization of the Petroleum Exporting Countries (OPEC) and its allies (OPEC+) did not change the goal of reducing daily production by 2 million barrels per day until the end of 2023.
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185th OPEC Meeting Held Online
TEHRAN (Shana) -- The presidency of the Organization of the Petroleum Exporting Countries (OPEC) and its board of governors were entrusted to Equatorial Guinea and Kuwait, respectively.
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Iran, Iraq Form Joint Oil Working Group
TEHRAN (Shana) -- The oil ministries of the Islamic Republic of Iran and Iraq announced their agreement to establish a joint oil working group.
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Iran, Venezuela Discuss Deeper Energy Ties
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji had a telephone conversation with Tareck El Aissami, Vice President and Minister of Oil of Venezuela, regarding the development of cooperation between the two countries in the field of energy and the latest developments in the global oil market.
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MOP Lists Iranian E&P Firms
TEHRAN (Shana) -- The Iranian Ministry of Petroleum has released a list of the companies applying for activities in the field of exploration and production (E&P).
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MOP Launches Office in Iraq
TEHRAN (Shana) -- The Iranian Ministry of Petroleum (MOP) has launched its office in Baghdad, Iraq.
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Iran Acquires Savvy to Lighten Heavy Oil Atomically
TEHRAN (Shana) -- The Deputy Director of the Atomic Energy Organization of Iran (AEOI) said: “This technical know-how of lightening heavy crude oil with atomic radiation will be unveiled at the first knowledge-based conference of the oil industry.”
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Russian Firm to Develop Shadegan Field
TEHRAN (Shana) -- The deputy CEO of Khatam Oil, Gas and Petrochemical Holding affiliated with Khatam al-Anbia Construction Headquarters has announced that a Russian company has agreed to develop the Shadegan oil field based on a new model of oil contracts. In an interview with “Iran Petroleum”, Omid Asakereh also said that talks were under way with Russian companies for other oil projects in Iran, including talks with Gazprom to develop the Kish gas field.
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Multilateralism, Iran’s Winning Card
TEHRAN (Shana) -- Iran’s geopolitical position in the world and specifically its convenient geographical location in the Persian Gulf and the Caspian Sea on the one hand, and its long experience in the field of energy on the other, have made it one of the important and decisive countries in the field of energy supply in the world. The position of Iran in terms of energy transmission routes and the country's vital role in global energy security is very important because Iran, with its special geographical and geopolitical position for the landlocked region of Central Asia, is a desirable transit country and can bring the oil and gas of these countries to high seas in the best way and even to Europe through Turkey.
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Golden Age in Iran-Russia Ties
TEHRAN (Shana) -- During the 16th Iranian-Russian Business Council, hosted by Moscow, four documents were signed for cooperation between the two nations by Iranian Minister of Petroleum Javad Owji and Russia’s Deputy Prime Minister Alexander Novak. Owji has said that Iran-Russia ties had entered a “golden age”. Novak also said that Iran-Russia trade grew 45% in 2022 year-on-year.
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Owji Discusses Deepening Ties with Russian Deputy Premier, Pakistani Counterpart
TEHRAN (Shana) -- Iranian Minister of Petroleum Javad Owji had a telephone conversation with the Deputy Prime Minister of Russia Alexander Novak and Pakistan's Minister of Petroleum Musadik Masood Malik.
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Refinery Registers Innovative Project
TEHRAN (Shana) -- The CEO of Shahid Hasheminejad Gas Refining Company announced registration of a new innovation by the refinery by relying on knowledge-based activities.
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Iran Breaks Oil, Petchem Export
TEHRAN (Shana) -- The Iranian Minister of Petroleum announced smashing the record of Iran's export of crude oil, gas condensate and petrochemicals in the month of Aban (October 23-November 21) since at least 2018.
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Fundamental Changes in Gas Saving, a Must: Veep
TEHRAN (Shana) -- The first vice president said: “We need to make a fundamental change both in the investment sector and in the saving of the country's gas resources.”
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NIGC Curbs 164 mt Emissions by Developing Gas Supply Network
TEHRAN (Shana) – The Head of Health, Safety and Environment Department (HSE) of the National Iranian Gas Company (NIGC) said that with the development of gas supply network in the country, emission of 164 million tons of air pollutants and greenhouse gases has been prevented
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NIOC Mulling €30mn Oil Megaprojects
TEHRAN (Shana) -- The Director of Research and Technology of the National Iranian Oil Company (NIOC) said the company has defined 10 oil and gas megaprojects with a total value of €30 million and Rls. 1,500 billion.
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Active Presence of Oil Firms in Iran Exclusive Turkmenistan Fair
TEHRAN (Shana) -- Oil companies will actively participate in Iran's exclusive exhibition in Turkmenistan, which is to be held in December.
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Exploration Activities of NIOC to Go beyond Iran Borders
TEHRAN (Shana) -- The Director of Exploration of the National Iranian Oil Company (NIOC) announced the development of the activities of the Ministry of Petroleum in the overseas sector, focusing on exploration activities and providing equipment.
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Iran Crude Price up for Asian Market
TEHRAN (Shana) – The National Iranian Oil Company (NIOC) has raised the official crude oil selling price for Asian customers in December.
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GOGPC Recovers 225kb Oil by Skid-Mounted Processing Devices
TEHRAN (Shana) -- The CEO of Gachsaran Oil and Gas Production Company (GOGPC) said the company managed to recover 225,000 barrels of crude oil by using skid-mounted crude oil processing devices.
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Era of Crude Oil not Over: Official
TEHRAN (Shana) -- The Director of Development and Engineering Affairs of the National Iranian Oil Company (NIOC) emphasized that the era of crude oil has not ended and that this energy carrier is still well received in the world.
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IOOC to Entrust Drilling of 21 Wells to KBCs
TEHRAN (Shana) – The CEO of the Iranian Offshore Oil Company (IOOC) said his company is in talks with several knowledge-based companies (KBCs) to entrust them with the drilling operations of 21 offshore wells.
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POGC to Drill 35 new Wells in South Pars
TEHRAN (Shana) -- Pars Oil and Gas Company (POGC) is planning to spud 35 new wells in the supergiant South Pars gas field to enhance and maintain gas production in the massive joint field.