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Owji visits Ziyar gas field drilling rig in NE Iran
SHANA (Gorgan) – Iranian Oil Minister Javad Owji paid a visit to the drilling rig of the Ziyar gas field in Gomishan, a town in the northeastern province of Golestan, on Thursday.
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Owji says Golestan petchem plan will turn into largest project in NE province
SHANA (Gorgan) – The urea and ammonia plan in Golestan Province, northeastern Iran, will turn into the largest provincial construction project, said Oil Minister Javad Owji on Thursday.
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Owji orders resumption of Golestan urea and ammonia project after years-long hiatus
SHANA (Gorgan) – Iran’s Oil Minister Javad Owji on Thursday gave the order to resume executive operations of a urea and ammonia project in Golestan Province, northeastern Iran.
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Raeisi praises Oil Ministry for quick fix to disrupted smart fuel system
SHANA (Tehran) – Iran’s President Seyyed Ebrahim Raeisi on Wednesday lauded the Oil Ministry for fixing a disruption to the country’s smart fuel system.
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Iran says ready to promote cooperation with Turkmenistan in gas sector
SHANA (Tehran) – President Seyyed Ebrahim Raeisi voiced Iran’s readiness to promote cooperation with Turkmenistan in gas and electricity sectors.
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60% of Iran gas stations connected to smart fuel system one day after disruption: Official
SHANA (Tehran) – The managing director of the National Iranian Oil Products Distribution Company (NIOPDC) on Tuesday said 60 percent of the country’s gas stations have been so far connected to the smart fuel system one day after disruption.
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Sanctions-hit oil industry self-sufficiency possible by relying on knowledge-based firms: RIPI head
SHANA (Tehran) – The Research Institute of Petroleum Industry (RIPI) head on Tuesday said Iran’s oil industry has been targeted by arrogant powers and Western countries’ sanctions since the past and the only way to attain self-sufficiency is to rely on domestic knowledge-based companies and research centers.
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Owji: Petro Tech good opportunity for shaping future according to needs
SHANA (Tehran) – Iran’s oil minister, in a message addressing the 2nd Petro Tech conference and exhibition, wrote the event provides a good opportunity for exchanging views on technology and innovation ecosystem and shaping the future according to the needs.
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Second ‘Petro Tech’ conference, exhibition opens in Tehran
SHANA (Tehran) – The 2nd Exhibition and Conference of Technology Management and Increasing Knowledge-based Production in Value Chain of Petroleum Industry dubbed “Petro Tech” opened in Tehran on Tuesday.
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Iran’s disrupted gas stations back to normal offline; 40% supply fuel with cards
SHANA (Tehran) – The National Iranian Oil Products Distribution Company (NIOPDC) managing director on Tuesday said all gas stations have been fixed manually after a disruption hit them across the country.
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Over 4,000 gas stations fixed manually across Iran; online supply due on Tuesday morning: NIORDC chief
SHANA (Tehran) – The National Iranian Oil Refining and Distribution Company (NIORDC) managing director said more than 4,000 gas stations were fixed manually after a disruption hit the network.
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Officials: Fuel supplied offline in 2,750 gas stations across Iran; online supply pilot test done
SHANA (Tehran) – The National Iranian Oil Products Distribution Company (NIOPDC) managing director on Monday said 2,750 gas stations have been so far fixed manually across the country after a technical glitch caused by enemies’ conspiracy hit filling stations.
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Russia eyes additional oil export cuts of about 50,000 bpd in Dec.: Novak
Russia said on Sunday it would deepen oil export cuts in December by potentially 50,000 barrels per day or more, earlier than promised, as the world's biggest exporters try to support the global oil price.
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Owji visits Tehran gas stations following software problem, says services will be back to normal within hours
SHANA (Tehran) – Iran’s Oil Minister Javad Owji visited some gas stations in Tehran after a software problem disrupted services on Monday.
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Owji: Over 1,600 gas stations supplying fuel offline after disruption
SHANA (Tehran) – Iran’s Oil Minister Javad Owji on Monday said 1,625 gas stations have been fixed manually and are supplying fuel offline after a disruption.
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Iran’s VP sees PSEEZ refineries as symbol of sanctions failure
SHANA (Tehran) – Iran’s vice president for legal affairs regards refineries in Pars Special Economic Energy Zone (PSEEZ) are symbol of failure of sanctions imposed on the country.
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India will buy Venezuelan oil, says minister
India will buy Venezuelan oil as some refiners in the country have the capability to process heavy crude oil, Oil Minister Hardeep Singh Puri said on Friday.
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World oil demand next year to rise faster than expected, IEA says
World oil demand will rise faster than expected next year, the International Energy Agency (IEA) said, a sign that the outlook for near-term oil use remains robust despite this week's COP28 agreement to transition away from fossil fuels.
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Iran oil output rise continues in Nov.: OPEC
SHANA (Tehran) – Iran’s crude oil production continued its rise in November, hitting 3.128 million barrels per day (bpd), the latest report of the Organization of the Petroleum Exporting Countries (OPEC) showed.
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Iran says ready for promoting technological cooperation in gas sector with Russia
SHANA (Tehran) – Iran is ready for promoting technological cooperation in gas industry with Russia, said the deputy oil minister for gas affairs on Friday.
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Oil prices on track for first weekly rise in two months
Oil prices rose on Friday, on track to notch their first weekly rise in two months after benefiting from a bullish forecast from the International Energy Agency (IEA) on oil demand for next year and a weaker dollar.
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Iran’s oil output up 60% under 13th administration: NIOC chief
SHANA (Tehran) – The National Iranian Oil Company (NIOC) managing director said the country’s oil production has jumped 60 percent since the 13th administration took office in August 2021.
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Nations strike deal at COP28 to transition away from fossil fuels
Representatives from nearly 200 countries agreed at the COP28 climate summit on Wednesday to begin reducing global consumption of fossil fuels to avert the worst of climate change, signalling the eventual end of the oil age.
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Owji: Operations for completing 50 new projects worth $47.5b start
SHANA (Tehran) – Iran’s Oil Minister Javad Owji said operations for completing 50 new projects worth $47.5 billion have started.
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Oil holds soft tone on oversupply worries ahead of Fed meeting
Oil prices extended losses on Wednesday in Asian trade, after falling by more than 3% to six-month lows in the previous session on oversupply and demand concerns.
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Kuwait refuses inclusion of fossil fuels phase-out call in COP28 draft deal: Oil minister
Kuwait reaffirmed its rejection for the inclusion of any call for phasing out fossil fuels consumption and production in the COP28 draft final climate deal, Oil Minister Saad Al Barrak said in statements to Kuwait News Agency (KUNA) on Monday.
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Iran joins world’s cryogenic cold box exchanger manufacturers
SHANA (Tehran) – Iran has become the sixth country possessing technical know-how to design and manufacture heat exchanger of seven-phase cryogenic cold box.
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Russia's Novak: OPEC+ stands ready to take action
Russian Deputy Prime Minister Alexander Novak said on Friday that OPEC+ group of leading oil producers will be ready to make a decision if market situation would require it.
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Raeisi: Russians praise Iran’s SP Phase 11 engineering feat
SHANA (Tehran) – Russians lauded engineering operations Iranian experts carried out in the development project of Phase 11 of the South Pars (SP) gas field, said President Seyyed Ebrahim Raeisi on Friday night.
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Raeisi meets Putin, says ground prepared for boosting Iran-Russia energy ties
SHANA (Tehran) – Iran’s President Seyyed Ebrahim Raeisi held talks with his Russian counterpart Vladimir Putin in Moscow on Thursday and said the ground is prepared for developing bilateral relations in energy, agricultural, and knowledge-based industries.