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We Look Neither Negotiations nor Foreign Companies to Develop Oil Industry
SHANA (Tehran) - Since the 13th administration took office 2.5 years ago, we have waited neither for foreign companies nor negotiations to provide our needs to goods but have been looking for meeting our needs at home, Iranian Minister of Petroleum, Javad Owji said.
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Iran Offers Establishment of Energy Corridor From Russia to Persian Gulf
SHANA (Tehran) - Mojtaba Damirchilou, the secretary-general of the Eurasian Department at the Ministry of Foreign Affairs proposed the establishment of an energy corridor from Russia passing through Iran to the Persian Gulf on Saturday.
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Contracts Worth Over $1.1b Signed on Oil Industry Development
SHANA (Tehran) - The Ministry of Petroleum, the National Iranian Oil Company (NIOC) and the Iran Vice-Presidency for Science, Technology and Knowledge Based Economy Affairs signed 15 pacts with a total value of over $1.1 billion with Iranian companies in Tehran on Saturday.
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Iran, Turkmenistan Ready to Join Hands on Gas Industry
SHANA (Tehran) - Deputy Chairman of the Turkmengas State Concern Murad Archaev on Saturday highlighted the importance of bilateral cooperation with Iran in the gas industry, saying that the export of techno-engineering services as well as gas swap as two important topics in the field collaboration.
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IGEDC Registers a New Record
SHANA (Tehran) - Iranian Gas Engineering and Development Company (IGEDC) has set a new record by launching 6 gas pressure boosting stations in just one year.
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NTBFs Help Iranian Gas Industry to Become Self-Sufficient: NIGC
SHANA (Tehran) - With the efforts made by the new technology-based firms (NTBFs), the Iranian gas industry has gained self-sufficiency as all required products are now being produced at home, announced Managing Director of National Iranian Gas Company (NIGC) Majid Chegeni.
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Number of Exploration Drilling Rigs to Increase Fivefold
SHANA (Tehran) - Nine oil and gas fields were discovered in the tenure of the 13th Administration, announced Mehdi Fakour, director of exploration at National Iranian Oil Company (NIOC) on Friday, adding that the number of exploration drilling rigs of his company will increase to 10 from two rigs in August 2021.
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Investment Opportunities of $19b Up for Grabs in Iran’s Refining Industries
SHANA (Tehran) - The National Iranian Oil Refining and Distribution Company (NIORDC) managing director announced on Friday that investment opportunities valued at $19 billion are ready for investors in Iranian refining industries.
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Yemen Keen on Expansion of Energy Ties with Iran
SHANA (Tehran) - Yemen’s Ambassador to Tehran Ibrahim Mohammed al-Dailami called for expansion of energy cooperation between his country and Iran along with the exchange of scientific and technical oil data.
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Investment In South Pars Gas Field Vital, POGC Manager
SHANA (Tehran) - Managing director of the Pars Oil and Gas Company (POGC), Mohammadhosain Motejali, has said that giant South Pars gas field provides 70 percent of domestic needs to natural gas, which is the reason behind the importance of pouring money in development of the field.
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Iran Invests $6.5b in Oil Industry Upstream Sector
SHANA (Tehran) -- Some 6.5 billion dollars were invested in oil industry’s upstream sector on average per year under the incumbent administration, managing Director of National Iranian Oil Company (NIOC) said here on Friday.
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Crude Extraction of Iran Up by 70% in 2.5 Years: NIOC
SHANA (Tehran) - Iran’s crude oil production has increased by 70 percent in about 2.5 years in the 13th Administration which took office in August 2021, announced Mohsen Khojastehmehr, the CEO of the National Iranian Oil Company (NIOC) on Thursday.
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GECF Invites Iranian Gas Industry To Hold Workshop On Indigenous Production
SHANA (Tehran) - Secretary General of the Gas Exporting Countries Forum (GECF) Mohamed Hamel invited the experts of the National Iranian Gas Company (NIGC) to hold a specialized training workshop on the indigenous production as the company is experienced in the field.
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Iran Oil Industry Has Progressed Technologically Despite Sanctions: GECF Sec. Gen.
SHANA (Tehran) -- Iran’s oil industry has made advancements in technology despite sanctions, said the secretary general of the Gas Exporting Countries Forum (GECF) here on Wednesday.
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Iran Is A Major Oil Producing Country Despite Sanctions: Mexican Ambassador
SHANA (Tehran) -- The United Mexican States' Ambassador to the Islamic Republic of Iran Guillermo Alejandro Puente Ordorica said on Wednesday that despite the sanctions, Iran is one of the important oil producing countries in the region.
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Iran Oil Show 2024 kicks off in Tehran
SHANA (Tehran) -- The 28th Iran International Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show 2024), kicked off on Wednesday (May 8, 2024) in Tehran, having the motto "Petroleum industry, production leap and technological optimization".
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Oil Sector Growth Hit 20 Percent Last Year, Minister of Petroleum
SHANA (Tehran) - Iranian minister of petroleum, Javad Owji, says oil and gas sectors could achieve 20 percent growth the last Iranian calendar year of 1402 by relying on domestic knowledge-based companies’ capabilities.
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Owji Announces 60% Rise in Crude Production in 2.5 Years
SHANA (Tehran) -- Iranian Minister of Petroleum Javad Owji said on Wednesday the 28th Iran International Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show 2024) is a good opportunity to showcase the great achievements of his ministry in recent 2.5 years in the 13th government which took office in August 2021.
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Updated Methods of Repair Is a Requirement
SHANA (Tehran) - We should distance ourselves from traditional repairing methods in gas processing plants and replace them with new and updated ones.
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Domestically-Manufacturing Rises By 85 Percent
SHANA (Tehran) - While the country is under sanctions, Petroleum Ministry has sought to support domestically-manufacturing in order to meet oil industry needs to equipment.
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Abadan Oil Refinery the Main Contributor to Removing Imbalances
SHANA (Tehran) - Managing director of Abadan oil refinery Hakim Ghayem, reported of 317 million dollars profit during the last Iranian calendar year due to acceptable performance of the refinery.
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710 Million Euros Of Equipment Exported
SHANA (Tehran) - The chairman of the board of directors of the Oil Industry Equipment Manufacturers Association, Ehsan Saghafi, says the worth of our country’s equipment exports has reached 710 million euros over the last two and a half years.
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Tehran Oil Show 2024 Kicks Off Tomorrow
SHANA (Tehran) - Despite all the propaganda against Iran oil industry's international successes and its energy diplomacy approach, the growing number of foreign oil companies’ presence at the 28th Oil Show is a clear sign of rising trust in Iran’s oil industry.
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Abadan Oil Refinery Now Profitable, Petroleum Minister
SHANA (Tehran) - Iranian minister of petroleum, Javad Owji, says that the Petroleum Ministry has managed to change Abadan Oil refinery into a profitable one.
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DOE Spends 5.5 Billion Dollars To Improve Fuel Quality
SHANA (Tehran) - Head of the Department of Environment (DOE), Ali Salajegheh, announced that the government had spent 5.5 billion dollars to reduce gas flaring to improve the air quality.
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We Are Not Happy To See Sanctions Against Iran, OPEC Secretary General
SHANA (Tehran) - OPEC Secretary General, Haitham Al Ghais, has said that sanctions against Iran distorts the way that oil usually flows.
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IOPTC: 137 Billion Liters Of Crude And Oil Products Conveyed
SHANA (Tehran)- Managing director of the Iranian Oil Pipelines and Telecommunications Company (IOPTC) Arsalan Rahimi, says the company has managed to carry 137 billion liters of crude oil and oil products through pipeline over the last Iranian calendar year, ended on March 10 2024.
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IOOC Production Rises By 21 Percent
SHANA (Tehran) - Production manager at the Iranian Offshore Oil Company (IOOC), Amir Salari, says that the company succeeded in increasing offshore oil and gas condensate production by 21 percent over the last Iranian calendar year, 1402.
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Economic Growth Above 6 Percent Amid Oil Sector Contribution
SHANA (Tehran) - Executive vice president, Mohsen Mansouri, has said that Iran’s annual average economic growth has surpassed 6 percent amid oil sector’s magnificent contribution.
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Gas Production Rising By 127 mcm/d
SHANA (Tehran) - Gas production capacity of the country will rise by 127 million cubic meters per day by implementation of today’s signed memorandums of understanding, the National Iranian Oil Company’s (NIOC) managing director, Mohsen Khojastehmehr said.