Shana

Over 80% of Oil Revenues Received In Hard Currency

TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said more than 80% of the country’s petrodollars is received in hard currency and the rest in bartering with medicine and staple commodities.

Iran Selling Crude Oil at “Good Price:” Min.

TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji says the process of selling oil at a reasonable price will continue vigorously and new markets have been identified for Iranian crude oil, adding Tehran has struck agreements with Latin American countries for bartering oil with staple and agricultural commodities.

NIOC Investing Rls. 70,000 billion in Poverty Eradication Projects: CEO

TEHRAN (Shana) -- The CEO of the National Iranian Oil Company (NIOC), referring to the fulfillment of social responsibilities of the oil industry, said: “Rls. 70,000 billion have been approved by the board of directors of the National Oil Company for carrying out public benefit projects and eradication of deprivation.”

OPEC Sec. Gen. Message to Iran Oil Show

VIENNA (Shana) – OPEC Secretary General Mohammad Sanusi Barkindo send a message to organizers of the 26th Iran International Oil, Gas, Refining and Petrochemical Exhibition which was held here in Tehran on 13-16 May 2022.

Iran Oil Show Sets Stage for Giving World Energy

Iran Oil Show 2022 set a stage for countries from four corners of the world to display their state-of-the-art technologies and boost their energy ties.

Kefayati: Russia, China, Qatar Eager to Invest in Innotech Sector; Turbo Compressor Contract Soon

TEHRAN (Shana) – The head of the Oil Industry Technology and Innovation Park here on Monday said that Russia, China, and Qatar have expressed their willingness to make investments in Iran.

VP Lauds Downstream, Upstream Industries’ ‘Great’ Innovations

TEHRAN (Shana) – The Iranian vice president for economic affairs on Monday praised the innovations developed by the country’s downstream and upstream industries.

Iran to Establish a Science Hub in Khuzestan Province

TEHRAN (Shana) – The CEO of the National Iranian South Oil Company (NISOC) on Sunday announced that a science hub will be established in Khuzestan Province.

Owji: Ministry of Petroleum to Launch Over 40 New Projects Worth $30bn This Year

TEHRAN (Shana) – Iran’s Minister of Petroleum Javad Owji here on Monday announced that his ministry will launch more than 40 projects worth $30 billion this year.

President visits 26th Iran Oil Show

TEHRAN (Shana) -- Iranian President Ebrahim Raisi paid a visit the 26th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also called Iran Oil Show, here in Tehran on Monday.

Reliance on Domestic Potentials Can Neutralize Sanctions

TEHRAN (Shana) -- The head of the Institute for International Energy Studies (IIES), Mohammad Sadegh Jokar, emphasized the need to market making in different countries, saying relying on domestic capabilities can help make sanctions ineffective.

IOOC Signs 7 MoUs, Agreements

TEHRAN (Shana) -- The Iranian Offshore Oil Company (IOOC) on Sunday signed seven research agreements and Memoranda of Understanding (MoUs) with Research Institute of Petroleum Industry (RIPI) and Petroleum University of Technology as well as universities and knowledge-based companies.

Armenian Minister Hails Iran’s ‘Astonishing’ Progress in Energy Sector

SHANA (Tehran) – Armenia’s minister of territorial administration and infrastructures visiting Iran Oil Show 2022 here on Sunday described the country’s progress in the energy sector as “astonishing”.

Deputy FM: Synergy Between Foreign, Petroleum Ministries in Exports Foils Enemies’ Plots

SHANA (Tehran) – Iranian Deputy Foreign Minister for Political Affairs Ali Bagheri Kani here on Sunday said the positive synergy established between the foreign and petroleum ministries in exporting oil has caused the enemies’ “maximum pressure” on the country to end in failure.

Oil Production to Increase in Azadegan Field

TEHRAN (Shana) -- The Director of Integrated Planning of the National Iranian Oil Company (NIOC) announced on Saturday that the company has planned to produce 570,000 barrels of oil from Azadegan field per day.

NIOC Chief: $7.5bn Contract with Iranian Consortium in the Offing

TEHRAN (Shana) – The CEO of the National Iranian Oil ‎Company (NIOC) here on Saturday announced that a 7.5-‎billion-dollar contract on the development of joint fields ‎will be soon signed with a domestic consortium.‎

Iran, GECF Review Bilateral, Multilateral Cooperation

TEHRAN (Shana) – Iranian Petroleum Minister Javad Owji and Secretary General of the Gas Exporting Countries Forum (GECF) Mohamed Hamel met on Saturday and reviewed bilateral and multilateral cooperation in energy and energy economics as well as the ways to expand collaboration.

IOEC Head: Iran Has Expertise to Build Pressure Booster Platforms

TEHRAN (Shana) – Iran has the technical know-how to build pressure booster platforms, said the managing director of the Iranian Offshore Engineering and Construction Company (IOEC), here on Saturday.

A Record in Iran’s Crude, Oil Products Transmission

TEHRAN (Shana) – Iran’s crude and oil products transmission hit the record high in the last Iranian calendar year (1400) reaching 128 billion liters, the CEO of the Iranian Oil Pipelines and Telecommunication Company (IOPTC) said on Saturday.

Iran Among World’s Energy Analysts

TEHRAN (Shana) -- The head of the Institute for International Energy Studies (IIES), Mohammad-Sadegh Jokar, announced on Friday that the world energy model of Iran (IWEM) has been implemented in this institute.

Investment in Information and Communications Technology Can Help Progress Projects

TEHRAN (Shana) -- The information and communications technology director of the National Iranian Oil Refining and Distribution Company (NIORDC) asked on Friday for making investments in information and communications technology field, saying the project’s progress will go through the investment in this area.

Minister of Petroleum on Sidelines of Iran Oil Show:

Knowledge-Based Firms Can Help Boost Oil, Gas Production

TEHRAN (Shana) – Iran can increase its oil and gas production in the current year by using knowledge-based firms, said the country’s minister of petroleum in Tehran on Friday.

Iran Oil Show, Demonstration of Iran’s Power

TEHRAN (Shana) -- The director of the 26th Iran Oil, Gas, Refining and Petrochemical Exhibition, Iran Oil Show, Majid Boujarzadeh, said the exhibition is an opportunity to display the achievements of domestic companies and demonstrate the country’s power and authority.

Parliament Speaker Qalibaf Visits Iran Oil Show

TEHRAN (Shana) – Iran’s Parliament Speaker Mohammad Baqer Qalibaf paid a visit to the 26th International Oil, Gas, Refining and Petrochemical Exhibition, dubbed Iran Oil Show, in Tehran on Friday.

Owji: Iran Welcomes Local, Int'l Investors to Participate in Oil Industry

TEHRAN (Shana) – Iranian Minister of Petroleum, Javad Owji, emphasized the need to invest in Iran’s oil industry, adding, "we welcome all domestic and foreign investors."

Iran Oil Show Opens with 1,244 Exhibitors

TEHRAN (Shana) – The 26th Iran International Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show) kicked off on Friday with 1,244 exhibitors from 11 countries at Tehran’s permanent fairgrounds.

New Chapter Opens in Tehran-Havana Relations

TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji and Cuban President Miguel Diaz-Canel signed memoranda of understanding to expand cooperation between the two countries in various economic sectors.

No Restrictions on Developing Economic Ties with Nicaragua: Owji

TEHRAN (Shana) – The Iranian Minister of Petroleum said: "There are no restrictions for Iran and Nicaragua in developing economic relations."

Owji Inks 8 Agreements in Latin America

TEHRAN (Shana) -- During the Minister of Petroleum's visit to Latin America, four memoranda of understanding, two agreements in the field of oil and two agreements in the field of agriculture were signed.

Iran Seeking Expanded Ties in Central America

TEHRAN (Shana) -- During his visit to South and Central America, the Minister of Petroleum met with Nicaraguan President Daniel Ortega and Speaker of the National Assembly of the country.