oil

  • Iran, Russia Stepping up Oil Ties

    Iran, Russia Stepping up Oil Ties

    TEHRAN (Shana) -- The director of support for manufacturing and supply of goods at the National Iranian Oil Company (NIOC) announced the willingness of Iran and Russia to tap the existing capacities in manufacturing and supply of goods between the two sides.

  • Iran, Russia Building Strong Ties: Envoy

    Iran, Russia Building Strong Ties: Envoy

    TEHRAN (Shana) -- Iran's ambassador to Russia said Tehran and Moscow have established very good cooperation in the field of energy, and one of these areas is investment in oil and gas fields.

  • OPEC Sec. Gen. Sends Message of Condolences on Terrorist Attack in Shiraz

    OPEC Sec. Gen. Sends Message of Condolences on Terrorist Attack in Shiraz

    TEHRAN (Shana) -- Haitham Al Ghais, the Secretary General of the Organization of the Petroleum Exporting Countries (OPEC) sent a message expressing his condolences over the death of dozens of the visitors of Shahcheragh Holy Shrine in the southern city of Shiraz by a terrorist attack last week.

  • Iran, Russia Commission Influential in Mutual Business Process

    Iran, Russia Commission Influential in Mutual Business Process

    TEHRAN (Shana) -- The Deputy Minister of Commerce of the Minister of Agricultural Jihad considered the meeting of the joint commission of Iran and Russia to be one of the most important and influential meetings in the business process of the two countries, and said: “Joint memoranda is signed between Iran and Russia in the field of standardization of protocols governing the Plant Protection Organization, as well as the Veterinary Organization and other organizations that are decisive in the field of export of agricultural products.”

  • Iran, Russia in Close Oil Cooperation

    Iran, Russia in Close Oil Cooperation

    TEHRAN (Shana) -- A member of the Energy Committee of the Islamic Consultative Assembly said: “Russia is our friend and neighbor and the cooperation capacity between the two countries is very high, especially in the oil and gas industry.”

  • Working Groups Meeting of Iran-Russia Joint Economic Commission Begins

    Working Groups Meeting of Iran-Russia Joint Economic Commission Begins

    TEHRAN (Shana) -- The meeting of the working groups of the 16th Joint Economic Commission of Iran and Russia started in Russia in the presence of experts from different working groups to examine the capacities of cooperation.

  • Russia to host 16th Joint Economic Commission with Iran

    Russia to host 16th Joint Economic Commission with Iran

    TEHRAN (Shana) -- The 16th Iran-Russia Joint Economic Commission will be hosted by Russia from October 30 to November 1.

  • Reviving Low-Yield Oil Wells, NIOC’s Severe Concern

    Reviving Low-Yield Oil Wells, NIOC’s Severe Concern

    TEHRAN (Shana) -- Figures do indicate that Iran ranks first in the world in terms of the aggregate oil and gas reserves. Taking advantage of this huge wealth or preserving it for future generations has always been a challenge for policy makers. The arrival of renewable energies and the efforts of countries to ramp up energy security and non-dependence have caused oil-rich countries to seek to optimize production from hydrocarbon reservoirs in order to turn it into a capital for future generations. In the meantime, some countries, including Iran, have put on their agenda a written program to revive inactive wells as a short-term solution to improve their oil output. The following is an overview of Iran's plan to revive low-yield oil wells.

  • Iran Energy Diplomacy in the Land of the Rising Sun

    Iran Energy Diplomacy in the Land of the Rising Sun

    TEHRAN (Shana) -- Javad Owji, Iran’s Minister of Petroleum, who visited Tokyo from Saturday to Wednesday, September 24-28, heading a delegation to attend several meetings and consult with Japanese majors, represented the government of the Islamic Republic of Iran in the state memorial ceremony of Shinzo Abe, the late president of Japan. In the visit to Japan, in addition to meeting Nishimura Yasutoshi, the Minister of Economy, Trade and Industry of Japan, Yoshimasa Hayashi,  and the Minister of Foreign Affairs of Japan; HE Owji also met with the CEOs of major Japanese oil and gas companies, including Toshiaki Kitamura, the CEO of Inpex, Takeshi Saito, the president of Eneos, Yamamoto, the CEO of Fuji Oil, Tramura, a member of the board of directors of the Nippon Export Investment Insurance (NEXI), Haba, the CEO of Mitsubishi Oil and Gas, and the CEO of Marubani Company, to discuss investment opportunities in the upstream and downstream sectors of Iran's oil industry, cooperation, trade of energy carriers and technology.

  • IR Iran Becomes a Member of the Shanghai Cooperation Organization (SCO)

    IR Iran Becomes a Member of the Shanghai Cooperation Organization (SCO)

    TEHRAN (Shana) -- The President of Uzbekistan Shavkat Mirziyoyev, as the host of the 22nd SCO Summit, announced Iran's permanent membership in this organization in his speech on Friday 16 September 2022. The Islamic Republic of Iran became a permanent member of the SCO at its 21st Summit in the presence of 12 permanent and observer members.

  • Contracts worth $500mn to be signed with Knowledge-based Firms: Min.

    Contracts worth $500mn to be signed with Knowledge-based Firms: Min.

    TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said: “Seven contracts worth 500 million dollars will be signed with 54 knowledge-based companies to boost production from oil wells by using technological methods.”

  • 119% Growth in Pardis Petchem Revenue

    119% Growth in Pardis Petchem Revenue

    TEHRAN (Shana) -- Pardis Petrochemical Company achieved a whopping 119% increase in its revenue in the fiscal year of 1400 which ended on March 20, compared to the preceding year.

  • 16th Iran-Russia Joint Economic Commission to be held in November

    16th Iran-Russia Joint Economic Commission to be held in November

    TEHRAN (Shana) -- The 16th Joint Economic Commission of Iran and Russia will be held from October 29 to November 1 in Russia.

  • South Zagros H1 Output Beyond Plans

    South Zagros H1 Output Beyond Plans

    TEHRAN (Shana) -- The CEO of South Zagros Oil and Gas Production Company announced the cumulative production of 20.950 billion cubic meters of gas with an average daily production of 112.600 million cubic meters of gas in the first half of the current calendar year, which began on March 21, exceeding the gas production plan of the company.

  • Increased Energy Ties Key Topic in Caspian Talks

    Increased Energy Ties Key Topic in Caspian Talks

    TEHRAN (Shana) -- Iran and the four countries bordering the Caspian Sea, as the largest holders of gas resources in the world, gathered last week at the second Caspian Economic Conference in Moscow, while the hard winter of Europe is coming and the crisis of the war in Ukraine has exacerbated the troubles for gas consuming countries.

  • NIOC, Gazprom to Develop 8 Iran Oil, Gas Fields

    NIOC, Gazprom to Develop 8 Iran Oil, Gas Fields

    TEHRAN (Shana) – The Deputy Minister of Petroleum for International Affairs and Trade said that during the trip of the Minister of Petroleum to Moscow implementation of the comprehensive memorandum with Gazprom was followed up.

  • Iran Ready to Attract Russian Capital in Oil, Gas Projects

    Iran Ready to Attract Russian Capital in Oil, Gas Projects

    TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji announced the readiness of the Iranian administration to attract the capital of Russians in the oil and gas sector, participation in field development plans, swap of petroleum products and export of petrochemicals.

  • 33rd OPEC and non-OPEC Ministerial Meeting

    33rd OPEC and non-OPEC Ministerial Meeting

    TEHRAN (Shana) -- The 45th Meeting of the Joint Ministerial Monitoring Committee (JMMC) and the 33rd OPEC and non-OPEC Ministerial Meeting took place in person at the OPEC Secretariat in Vienna, Austria, on Wednesday, 5 October 2022.                     

  • 33rd OPEC+ Meeting Begins in Vienna

    33rd OPEC+ Meeting Begins in Vienna

    TEHRAN (Shana) -- The 33rd meeting of the Organization of the Petroleum Exporting Countries (OPEC) and its allies (OPEC+) started a few minutes ago at the headquarters of the OPEC Secretariat in Vienna.

  • Iran Oil Exports Underway Uninterrupted: Min.

    Iran Oil Exports Underway Uninterrupted: Min.

    TEHRAN (Shana) – The Iranian Minister of Petroleum said: “Iran's crude oil exports are being carried out without any problems to the target markets.”

  • Self-sufficiency Center of Petchem Industry Launched

    Self-sufficiency Center of Petchem Industry Launched

    TEHRAN (Shana) -- "Petrochemical Industry Self-Sufficiency Center" was launched with the aim of making maximum use of all scientific and research capacities of the country in the development of the petrochemical industry.

  • Iran, Japan Senior Officials Keen on Development of Cooperation

    Iran, Japan Senior Officials Keen on Development of Cooperation

    TOKYO (Shana) -- In his meeting with the Minister of Foreign Affairs of Japan, the Iranian Minister of Petroleum emphasized the development of cooperation between the two countries.

  • Iran Ready to Play Important Part in Supplying Energy to Japan

    Iran Ready to Play Important Part in Supplying Energy to Japan

    TOKOY (Shana) – Iranian Minister of Petroleum Javad Owji voiced Iran’s preparedness to cooperate with Japanese companies in the field on energy, and said: “Iran can play an important role in providing the energy needed by Japan.”

  • Iran Oil Minister Visits Japan on Energy Grounds

    Iran Oil Minister Visits Japan on Energy Grounds

    TEHRAN (Shana) -- Iranian Minister of Petroleum Javad Owji held meetings with the executives of top Japanese oil and gas firms in Tokyo, in continuation of the 13th administration’s active energy diplomacy.

  • Owji Conveys Iran Message of Condolence to Japan Premier

    Owji Conveys Iran Message of Condolence to Japan Premier

    TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji conveyed the message of condolence of the Islamic Republic of Iran to Fumio Kishida, the Prime Minister of Japan, and Aki Abe, Shinzo Abe's wife.

  • 66% Growth in Petchem Exports to Uzbekistan: Official

    66% Growth in Petchem Exports to Uzbekistan: Official

    TEHRAN (Shana) -- The head of international affairs of the National Petrochemical Company (NPC) announced a 66% rise in the export of Iranian petrochemicals to Uzbekistan in 2021 compared to the previous year.

  • Deputy Petroleum Minister meets with Belarusian Envoy

    Deputy Petroleum Minister meets with Belarusian Envoy

    TEHRAN (Shana) -- The deputy Petroleum Minister for International Affairs and Trade had a meeting with the ambassador of the Republic of Belarus in the Islamic Republic of Iran with the aim of expanding the level of cooperation.

  • Owji Meets Major Japanese Oil, Gas Firms

    Owji Meets Major Japanese Oil, Gas Firms

    TOKYO (Shana) – Iranian Minister of Petroleum Javad Owji held meetings with the executives of top Japanese oil and gas firms in Tokyo, in continuation of the 13th administration’s active energy diplomacy.

  • Iran Petroleum Minister Attends State Funeral of Japan Ex-Premier

    Iran Petroleum Minister Attends State Funeral of Japan Ex-Premier

    TEHRAN (Shana) -- Iranian Minister of Petroleum Javad Owji attended the state funeral ceremony of late Japanese Prime Minister Shinzo Abe.

  • Petroleum Minister Addresses AGGPM in Japan

    Petroleum Minister Addresses AGGPM in Japan

    TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji addressed the Third Asia Green Growth Partnership Ministerial Meeting (AGGPM) in Japan.