Impact of Current World Conditions on Future of Iran Oil Assessed at IPEC

TEHRAN (Shana) -- "The Impact of Global Conditions on the Future of Iran's Oil and Energy" was examined on the first day of the 6th Iran Petroleum and Energy Congress (IPEC).

OPEC Sec. Gen. Addresses Oil, Energy Congress

TEHRAN (Shana) -- Secretary General of the Organization of the Petroleum Exporting Countries (OPEC) addressed the 6th Iranian Petroleum and Energy Club Congress and Exhibition on Wednesday.

Integration of Energy, Petroleum Ministries Possible: Zangeneh

TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh says integration of the Iranian Ministry of Petroleum and the ministry of energy is possible.

Monitoring Systems Localized in Agar, Dalan Sites

TEHRAN (Shana) -- The Canada-built PMP radio surveillance system of Agar and Dalan operational sites have been localized, saving the country Rls. 1 billion.

Zangeneh Stresses Cooperation with Foreign Firms

TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh voiced his support for the cooperation of Iranian companies with foreign partners in oil and energy projects.

Foreign Firms Need Iranian Partners to Work in Iran: Zangeneh

TEHRAN (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh said for foreign companies to be able to work in Iran's oil industry, they need to partner with Iranian companies.

Khark Terminal Fully Ready for Maximum Crude Oil Exports

TEHRAN (Shana) -- The CEO of Iranian Oil Terminals Company announced the full readiness of Khark Oil Terminal to maximize Iran's crude oil exports.

Petropars signs €3.9 m Deal with Esfarayen Lulehgostar

TEHRAN (Shana) – Petropars Company has signed a 3.9 million euro deal with Esfarayen Lulehgostar Company for the supply of pipes in South Para Phase 11 development project.

Storage Tanks of Goreh-Jask Project Online by June

TEHRAN (Shana) -- The project manager of crude oil storage tanks in the Goreh-Jask pipeline project said four storage tanks of the project would come on stream by June.

ICOFC Ready for Resuming Pre-Sanctions Output

TEHRAN (Shana) -- The CEO of the Iranian Central Oil Fields Company (ICOFC) voiced his company's readiness to bring back its production capacity to the pre-sanctions era.

PEDEC CEO Satisfied with Azar Field Development

TEHRAN (Shana) -- The CEO of the Petroleum Engineering and Development Company (PEDEC) expressed satisfaction at completion of the first phase of Azar Field's development project despite all the difficulties and complexities of its reservoir.

Oil Show Reveals Futility of Sanctions: VEEP

TEHRAN (Shana) – First Vice President Eshaq Jahangiri said this year's Iran Oil Show literally proves the ineffectiveness of the sanctions on Iran.

NISOC Backs Building Seamless Pipes

TEHRAN (Shana) -- The National Iranian South Oil Company (NISOC) has supported production of seamless pipes in Iran for the first time.

RIPI Localizes 20 Drilling Additives

TEHRAN (Shana) -- The Research Institute of Petroleum Industry (RIPI) has manufactured and localized 20 key drilling additives.

Iran Able to Build 80% of Oil Equipment: Zangeneh

TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh says the country is able to supply 80% of the items and parts used in the petroleum industry.

Recovery Rate of Soroush Oil Field to Reach 10%

TEHRAN (Shana) -- The head of the Faculty of Oil and Gas Engineering of Sahand University of Technology said with the implementation of the technological development plan of Soroush field, the recovery rate of this field will increase from currently 6% to more than 10%.

Progress of South Pars Phase 14 Favorable

TEHRAN (Shana) -- The CEO of Pars Oil and Gas Company underlined the favorable progress of South Pars phase 14 project, and said: "According to forecasts, the project's first operational train will become operational early next [calendar] year."

Iranian Oil Industrialists Welcome Global Activities

TEHRAN (Shana) -- The Deputy CEO of the National Iranian Oil Company (NIOC) for Development and Engineering Affairs said: "We always welcome interaction with the world and Iranian companies welcome interaction and competition with foreign companies and regard it as a factor for growth and better performance."

Goreh-Jask Oil Pipeline Operational by March: NIOC

TEHRAN (Shana) -- The CEO of the National Iranian Oil Company underlined serious planning by the Iranian Ministry of Petroleum to materialize Goreh-Jask Oil Pipeline, expressing optimism that the projet would come online by the end of the current Iranian calendar year to March 20.

Zangeneh says Not Worried about Regaining Iran Oil Market Share

TEHRAN (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh said he did not worry about Iran regaining its oil market share in the wake of eased sanctions on Tehran.

25th Iran Oil Show Kicks off in Tehran

TEHRAN (Shana) -- The 25th Iran Oil, Gas, Refining and Petrochemical Exhibition started with the motto, "National Oil, Iranian Goods and Services," at the permanent Tehran fairgrounds on Friday morning.

President:

Part of Iran National Power Gained thru Energy

TEHRAN (Shana) – Iranian President Hassan Rouhani says: "Part of our national power has been gained in the shadow of our energy power and our position in this field.”

Zangeneh on Iran Oil Exports with Biden as US President:

Let's Wait a Few Days

KHUZESTAN (Shan) -- In response to whether the sale of Iranian oil will be facilitated with the beginning of Joe Biden's presidency, Iranian Minister of Petroleum Bijan Zangeneh said: "Let's wait a few days to see what happens."

Iran Gas Flaring Zero by March 2023: Zangeneh

TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh says the country would no longer flare associated petroleum gases by March 2023.

Tehran Preparing to Host Oil Show Next Week

TEHRAN (Shana) -- The director of the 25th Iran Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show) said that "domestic production" is the focus of the event, adding: “The 25th Oil Show will be held with the slogan National Oil, Iranian Goods and Services."

NISOC Voices Readiness to Resume Pre-Sanctions Oil Output Levels

TEHRAN (Shana) -- The CEO of the National Iranian South Oil Company (NISOC) announced the company's readiness to stop reducing its crude oil output and increase production to pre-sanctions’ levels.

Zangeneh Announces Creation of new Capacities for Oil Export, Money Transfer under Sanctions

TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh announced Iran's creation of new capacities in the field of oil sales as well as transmission and receiving oil money despite the sanctions on the country.