oil
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NIDC Experts Build Batch Mixer
TEHRAN (Shana) – Iranian experts at the National Iranian Drilling Company (NIDC) have successfully designed and built batch mixers which are used in well acidizing operations on offshore platforms.
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Euro-5 Gasoil Output of PGSR at 20ml/d
TEHRAN (Shana) – The CEO of the Bandar Abbas Gas Condensate Refinery (also called the Persian Gulf Star Refinery-PGSR) said the facility supplied an average of 17 to 20 million liters per day of Euro-5 gasoil.
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Iran Wealthy in Oil Exploration Capacity
TEHRAN (Shana) -- An Iranian official says that the country is teeming in oil exploration potentialities.
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Iran Reports Oil Tanker Strike to UN: SPOX
TEHRAN (Shana) – The spokesman of the Iranian Ministry of Foreign Affairs said that last week’s attack on Iran’s oil tanker in the Red Sea was backed by a government, adding Iran had reported the incident to the United Nations.
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NIOC Seeking Novel Financing Methods to Fund Petroleum Projects
TEHRAN (Shana) – The National Iranian Oil Company (NIOC) CEO said his company was considering the use of a variety of securities and new methods of financing to attract public capitals to accelerate implementation of oil and gas projects.
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Iran Response to SABTI Strikers, Harsh
TEHRAN (Shana) -- “Iran will give a harsh response to those involved in Iranian oil tanker,” Secretary of Iran's Supreme National Security Council Rear Admiral Ali Shamkhani said.
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1st Int'l Downstream Showcase to be held in February
TEHRAN (Shana) – The first International Exhibition of Oil, Gas and Petrochemical Downstream Industries will be held in Tehran on February 2 to 5, 2020.
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Investigation into Iran Tanker Attack in Red Sea to Continue: Rouhani
TEHRAN (Shana) -- Iranian President Hassan Rouhani said investigations would continue to determine who were behind the Friday missile strike on an Iranian oil tanker in the Red Sea.
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Iran Self-Sufficient in Oil Exploration: Official
TEHRAN (Shana) -- The deputy NIOC director of development and engineering affairs said Iran was fully self-sufficient in exploration activities.
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Iran Firms Ready to Step in Exploration Projects
TEHRAN (Shana) -- The Managing Directors of OIEC and TEKNO companies has indicated their companies’ readiness to step in sophisticated exploration projects in Iran.
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Missile-Stricken Iran Oil Tanker Back Home in 10 Days
TEHRAN (Shana) -- The CEO of the National Iranian Tanker Company (NITC) said that SABITI, an NITC-owned oil tanker which was hit by two missiles on Friday morning, was en route home and would arrive in Iran within 9 or 10 days.
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Iran Oil Tanker Heading to Persian Gulf: NITC
TEHRAN (Shana) -- National Iranian Tanker Company (NITC) announced that SABITI Oil Tanker which was probably hit by missiles in the Red Sea was sailing towards the Persian Gulf.
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Spox Reacts to Iran Oil Tanker Blast
TEHRAN (Shana) – The spokesman of the Iranian Ministry of Foreign Affairs expressed concern over the environmental pollution caused by oil leakage of a blast-hit Iranian tanker in the Red Sea.
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NITC Says No Country has Helped Stricken Iran Tanker in Red Sea
TEHRAN (Shana) -- The CEO of the National Iranian Tanker Company (NITC) said no ship nor any authority had responded to distress messages of the blast-hit Iranian tanker in the Red Sea.
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Blast Rocks Iranian Oil Vessel in Red Sea
TEHRAN (Shana) -- An Iranian oil tanker was hit by two blasts at 5 and 5:20 a.m. local time 60 miles off Jeddah Port, Saudi Arabia on Friday.
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Iran Euro Petrol Output at 91ml/d
TEHRAN (Shana) – A senior Iranian energy official said that the country’s petrol output that meets Euro qualities stood at 91 million liters per day.
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Offshore Sections of 27 South Pars Phases Fully Developed in 2020
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said that the offshore sections of 27 South Pars phases would be fully developed in the first half of 2020.
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Phase I of Azar Oilfield Complete by March 20
TEHRAN (Shana) – The first phase development project of Azar Oilfield will be complete with 65,000 b/d of crude oil production capacity.
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Oil, Gas Not Weapons: Zangeneh
MOSCOW (Shana) – Iranian Minister of Petroleum Bijan Zangeneh told a specialized panel at the Russian Energy Week: “We believe that oil and gas are not weapons.”
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NISOC, PetroIran Ink Pump Production MOU
TEHRAN (Shana) – The National Iranian South Oil Company (NISOC) and PetroIran Co. have signed a contract for application of multi-phase pumps in oil fields.
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MOGPC H1 Output Beyond Expectations
TEHRAN (Shana) – The CEO of Maroon Oil and Gas Production Company (MOGPC) said the company’s oil production was 105.9 percent of its planned output during the first half of the current calendar year, which began on March 21.
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Progress Continuing in Oil Industry Despite Pressures: Zangeneh
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said the country would continue progressing in oil industry despite the current pressure on the country by its enemies.
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PEDEC Inks Deal with Iranian Partners for Building Electropumps
TEHRAN (Shana) – The Petroleum Engineering and Development Company (PEDEC) has signed a contract with three Iranian firms for manufacturing and maintaining electropumps for Goreh-Jusk Oil Pipeline Project.
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Iran, Syrian Private Sector Firms to Cooperate in Oil Projects
TEHRAN (Shana) -- The Syrian minister of petroleum and mineral resources visited Iran’s chamber of commerce, voicing the interests of his country’s private sector in joint economic activities with Iranian partners.
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US Using Oil as Weapon: Zangeneh
TEHRAN (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh stressed the non-political nature of oil, saying the US was using oil as a weapon which was not the right approach.
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Iran Welcomes Oil Buyers: Spox
TEHRAN (Shana) -- The spokesman of the Iranian Government said the country would welcome any country that wished to buy oil from Iran.
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CNPCI Practically Out of SP. 11 Project: Zangeneh
TEHRAN (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh said that China’s CNPC International had practically pulled out of the South Pars Phase 11 development project despite not having officially stated so.
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Market Survey Needed for Ensuring Effectiveness of Deeper Oil Output Cuts: Zangeneh
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said that the market’s reaction to deeper supply cuts by OPEC+ needed to be assessed in order to ensure the plan’s effectiveness.
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Startups, New Energy Business Sector
TEHRAN (Shana) -- A new business sector is emerging in Iran’s petroleum industry. Several years after the formation of knowledge-based companies in this vital sector, it is now oil startups’ turn. The startups are expected to develop creative ideas with a view to reducing production costs and boosting productivity in the petroleum industry.