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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.
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79 projects coming online this year, worth 16 billion dollars
SHANA (Tehran) - Iranian minister of petroleum, Javad Owji, says 79 semi-finished projects, worth 16 billion dollars, will come online during the current Iranian calendar year, ending on 20 March 2025.
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Iran’s LPG can meet Africa needs to the product
SHANA (Tehran) - Iran, as the third largest LPG producer in the world, is capable of exporting the product to African countries, acting head of international affairs at the National Iranian Gas Company (NIGC), Amirhoushang Karami, said.
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Iran; Most Reliable Source of Gas Supply in Coming Decades
SHANA (Tehran) – Iran which holds the second largest natural gas reserves in the world, can be one of the most reliable suppliers of natural gas over the next decades.
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Iran Eying Boosting Energy Cooperation with Africa
SHANA (Tehran)- Our estimates show that African countries enjoyed the highest rate of growth over the last Iranian calendar year, which ended on 20 March 2014, indicating there is a clear prospect for boosting energy cooperation with the continent over the next two decades.
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Oil Industry Driving Force Of Economic Growth, MP
SHANA (Tehran) – a member of Parliament’s committee of energy, Hosain Hosainzadeh, says the Petroleum Ministry approach on boosting energy cooperation with other countries, which is called as energy diplomacy, has been successful in view of economic growth and oil industry development.
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Directing Liquidity Toward Oil Industry Is A Win-Win Game
SHANA (Tehran)- Directing liquidity towards oil industry’s downstream activities not only leads to self-sufficiency but creates jobs along with profitability to the benefit of people.
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NPC To Accelerate Collecting Associated Gases
SHANA (Tehran) - The process of gathering associated gases will accelerate this year so that the majority of petrochemical complexes' gas flares will be turned off at the end of the current Iranian calendar year on March 20 2025.
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We Are Ready to Help Sri Lanka with Know-How, Raisie
SHANA (Tehran) - The Islamic Republic of Iran is ready to play a great role in Sri Lanka’s economic growth by making available its technical and engineering services.
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Oil Sector Leads Economic Growth
SHANA (Tehran) - Last year’s rising rate of economic growth was the result of considerable achievements in the oil sector.
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Iran’s High-Ranking Delegation Left Pakistan for Sri Lanka
SHANA (Tehran) – At the head of a high-ranking delegation, including the Minister of Petroleum Jawad Owji, the Iranian president headed toward Sri Lanka early this morning.
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Pakistan willing IP become operational very early, Owji
SHANA (Tehran) – Iranian Minister of Petroleum, Javad Owji, says Islamabad is willing that Iran’s gas export pipeline to Pakistan (IP) become operational as soon as possible.
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Iran And Pakistan Trade to Reach 10 B Dollars Annually
SHANA (Tehran) – Iran and Pakistan have decided to boost the level of their bilateral commercial exchange to as much as 10 billion dollars annually, Iranian President said.
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IP Revival High On the Agenda; Iranian President Visits Pakistan
SHANA (Tehran) – Iranian Minister of Petroleum, Javad Owji, embarked on his journey to Pakistan, accompanying the Islamic Republic of Iran’s president, Ebrahim Raisie, who left Tehran for a two-day visit to Pakistan today, 22 April.
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Petroleum Ministry And AEOI Sign MOU
SHANA (Tehran) – Petroleum Ministry and Atomic Energy Organization of Iran (AEOI) signed a memorandum of understanding (MOU) today, 22 April 22, to boost cooperation in a range of different issues including technology.
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Rising Oil Exports A Clear Sign Of Success, MP
SHANA (Tehran) – The 13th administration's performance in view of economic diplomacy has been successful, a member of Parliament said.
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NIOC Improving Fars Province Infrastructures
SHANA (Tehran) – The manager of NIOC’s Directorate Of Supervision On Southern Oil-Rich Regions Construction Projects, Babak Darabi, says as much as 40 thousand billion rials, Iranian currency, have been allocated to implementation of construction projects in Fars province.
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Oil Sector Attracts 41 Percent Of Total Foreign Investment
SHANA (Tehran): Since taking office in August 2021, the 13th administration has been able to attract 11.6 billion dollars of foreign investment of which 4.8 billion dollars have been allocated to the oil and gas mega projects.
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Collecting Seismic Data Contract Signed
SHANA (Tehran) – TENCO will implement 2-dimensional and 3-dimensional seismic operations in the north and northwestern of Iran over a two years period based on a contract signed on Tuesday, April 16.
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FT: Iran oil exports hit six-year high
Iran is exporting more oil than at any time for the past six years, giving its economy a $35bn-a-year boost.
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Iran’s petrochemical production capacity to top 100m tons by mid-March 2025: NPC CEO
SHANA (Tehran) – Iran’s petrochemical production capacity will exceed 100 million tons by the end of the current Iranian year (March 20, 2025), said the National Petrochemical Company (NPC) managing director.