RIPI, Chinese firm sign coal-to-gas memorandum

SHANA (Tehran) – The Research Institute of Petroleum Industry (RIPI) and China’s Keyon Company signed a cooperation agreement to convert coal into natural gas.

Increased use of Iranian-made equipment in petchem projects

SHANA (Tehran) – The deputy oil minister for petrochemical affairs emphasized support for domestically manufactured equipment and prioritizing its procurement, stating that the use of local equipment in petrochemical development projects will rise from about 75% to approximately 80%.

Expanding oil export chain requires investment: IOTC

SHANA (Tehran) – The CEO of Iranian Oil Terminals Company (IOTC) emphasized the company's vital role in the oil export chain and invited domestic and foreign investors to participate in developing strategic infrastructure.

Outstanding performance made by Oil Ministry in contracts on first-time production

SHANA (Tehran) – The vice president for science, technology and knowledge-based economy said the Oil Ministry has had the most outstanding performance in first-time contracts, adding: "We urge other ministries to also utilize the potential of first-time contracts. Undoubtedly, this is a major development for the country and new technology-based firms (NTBFs)."

Technological cooperation of refinement industry will be further developed

SHANA (Tehran) – The National Iranian Oil Refining and Distribution Company (NIORDC) signed a memorandum of understanding with the Presidential Deputy for Science and Technology with the aim of synergy in the present capacities, meeting its major needs and developing knowledge-based economy.

Iran’s first digital refinery to open in Qeshm

SHANA (Tehran) – The vice president for science, technology, and knowledge-based economy announced that Iran’s first digital refinery will be launched in Qeshm by 1405, coinciding with Iran Oil Show 2026.

2,200 companies attending Middle East's largest oil industry gathering

SHANA (Tehran) – The 29th International Oil, Gas, Refining & Petrochemical Exhibition (Iran Oil Show 2025) officially opened Thursday, bringing together around 2,200 domestic and international companies in what is considered the Middle East's premier oil industry event.

President Pezeshkian visits Iran Oil Show 2025

SHANA (Tehran) – President Masoud Pezeshkian visited various sections of the 29th International Oil, Gas, Refining & Petrochemical Exhibition (Iran Oil Show 2025) on Thursday, shortly after its official opening by Oil Minister Mohsen Paknejad.

Oil minister inaugurates Iran Oil Show 2025

SHANA (Tehran) – The 29th International Oil, Gas, Refining & Petrochemical Exhibition (Iran Oil Show 2025) was officially inaugurated by Oil Minister Mohsen Paknejad, who unveiled the event’s official logo.

Crude exports continue at highest level despite sanctions

$10b investment transforms oil industry: Oil minister

SHANA (Tehran) – The oil minister announced increased oil and gas production capacity, plans for $10 billion in projects by the end of the current Iranian year 1404 (March 2026), and new measures by the Oil Ministry to facilitate contracts, attract investment, and support new technology-based firms (NTBFs).

Paknejad urges facilitating private sector participation in oil contracts

SHANA (Tehran) – Iran’s oil minister highlighted the potential of specialized oil and gas exhibitions and outlined measures by the Oil Ministry to streamline contract signings, attract investment, and increase private sector involvement under the 14th administration.

150 foreign companies to attend Iran Oil Show 2025

SHANA (Tehran) – The 29th International Oil, Gas, Refining & Petrochemical Exhibition (Iran Oil Show 2025) will kick off in Tehran on May 8, showcasing Iran’s pivotal role in the global energy supply chain. The event, which runs for four days, will draw participation from over 2,000 domestic and foreign companies, including 150 international firms from 14 countries.

Over 2,000 companies to participate in Iran Oil Show 2025

SHANA (Tehran) – More than 2,000 domestic and international companies will take part in the 29th International Oil, Gas, Refining & Petrochemical Exhibition (Iran Oil Show 2025)— a record high for the event’s attendance.

15th Khuzestan oil exhibition kicks off in Ahvaz

SHANA (Tehran) – The 15th Khuzestan Specialized Exhibition of Petroleum Industry, Equipment, Manufacturing opened in Ahvaz on Saturday.

NISOC Achieves 60 Percent Growth in Oil Production

SHANA (Tehran) - By relying on domestic capabilities, the National Iranian South Oil Company (NISOC) has succeeded in boosting oil production by 60 percent over the last two years.

1000 Km of Pipeline Coming Online This Year, Owji

SHANA (Tehran) - To facilitate oil products transfer, one thousand kilometers of pipeline will come online this Iranian calendar year, ending on 20 March 2025, Iranian Minister of Petroleum, Javad Owji, said.

Petroleum University to Establish an Academic Center in Africa

SHANA (Tehran) - The Petroleum University of Technology plans to establish an international academic center in Africa amid boosting cooperation with Iraqi and Russian universities, chancellor of the university, Mohammad Chehardoli, said.

800 Million Euros Allocated To IOOC’s Installations Renovation, CEO

SHANA (Tehran) - With the assistance of NIOC’s board of directors and allocation of 800 million euros during the past 2.5 years of the 13th administration in office, the Iranian Offshore Oil Company (IOOC) has been able to take appropriate steps to renovate its installations.

Transit of Iranian Gas to Eastern Europe through Turkey Possible: Official

SHANA (Tehran) - Turkey is interested in buying more gas from Iran, said the director general of the Mediterranean and Eastern Europe department of the Foreign Ministry, adding that transit of Iranian gas to Eastern Europe through Turkey is possible.

We Look Neither Negotiations nor Foreign Companies to Develop Oil Industry

SHANA (Tehran) - Since the 13th administration took office 2.5 years ago, we have waited neither for foreign companies nor negotiations to provide our needs to goods but have been looking for meeting our needs at home, Iranian Minister of Petroleum, Javad Owji said.

Iran Offers Establishment of Energy Corridor From Russia to Persian Gulf

SHANA (Tehran) - Mojtaba Damirchilou, the secretary-general of the Eurasian Department at the Ministry of Foreign Affairs proposed the establishment of an energy corridor from Russia passing through Iran to the Persian Gulf on Saturday.

Contracts Worth Over $1.1b Signed on Oil Industry Development

SHANA (Tehran) - The Ministry of Petroleum, the National Iranian Oil Company (NIOC) and the Iran Vice-Presidency for Science, Technology and Knowledge Based Economy Affairs signed 15 pacts with a total value of over $1.1 billion with Iranian companies in Tehran on Saturday.

Iran, Turkmenistan Ready to Join Hands on Gas Industry

SHANA (Tehran) - Deputy Chairman of the Turkmengas State Concern Murad Archaev on Saturday highlighted the importance of bilateral cooperation with Iran in the gas industry, saying that the export of techno-engineering services as well as gas swap as two important topics in the field collaboration.

IGEDC Registers a New Record

SHANA (Tehran) - Iranian Gas Engineering and Development Company (IGEDC) has set a new record by launching 6 gas pressure boosting stations in just one year.

NTBFs Help Iranian Gas Industry to Become Self-Sufficient: NIGC

SHANA (Tehran) - With the efforts made by the new technology-based firms (NTBFs), the Iranian gas industry has gained self-sufficiency as all required products are now being produced at home, announced Managing Director of National Iranian Gas Company (NIGC) Majid Chegeni.

Number of Exploration Drilling Rigs to Increase Fivefold

SHANA (Tehran) - Nine oil and gas fields were discovered in the tenure of the 13th Administration, announced Mehdi Fakour, director of exploration at National Iranian Oil Company (NIOC) on Friday, adding that the number of exploration drilling rigs of his company will increase to 10 from two rigs in August 2021.

Investment Opportunities of $19b Up for Grabs in Iran’s Refining Industries

SHANA (Tehran) - The National Iranian Oil Refining and Distribution Company (NIORDC) managing director announced on Friday that investment opportunities valued at $19 billion are ready for investors in Iranian refining industries.

Yemen Keen on Expansion of Energy Ties with Iran

SHANA (Tehran) - Yemen’s Ambassador to Tehran Ibrahim Mohammed al-Dailami called for expansion of energy cooperation between his country and Iran along with the exchange of scientific and technical oil data.