Iran

Iran's Oil Sales not Banned by any Int'l Body: FM

TEHRAN (Shana) -- "Iran is not committed to EU decisions and Europe will not seek to impose its decisions on any country outside the EU," the Iranian foreign minister said, stressing that Iran's oil sales were not sanctioned by any international body.
2019-08-21 15:55
PEDEC Carries out Environmental Project in Azar Oilfield

TEHRAN (Shana) – The operator of Azar Oil Field Development Project announced the completion and launching of a project to transmit the Changuleh river water by constructing a pond on the river.
2019-08-21 15:44
Rouhani Signs off on Downstream Industries Support Act

TEHRAN (Shana) -- Iranian President Hassan Rouhani issued an executive decree to the Iranian Ministry of Petroleum and the Planning and Budget Organization on supporting downstream oil industries by tapping public capital.
2019-08-21 14:26
Impaired Iran Oil Tanker Stable in the Red Sea: NITC

TEHRAN (Shana) -- The National Iranian Tanker Company (NITC) reported the technical defect of one of its vessels in the Red Sea, and said the tanker’s crew were fixing the problem and it was in stable and safe condition.
2019-08-21 10:08
88% of Associated Gases Gathered in Maroon

TEHRAN (Shana) -- The CEO of Maroon Oil and Gas Production Company said the company was currently gathering 88 percent of the associated petroleum gas in its operational districts.
2019-08-19 16:18
IPMMA to Present Latest Achievements at Iran Plast

TEHRAN (Shana) -- Members of the Iranian Plastics Machinery Manufacturers Association have planned to put their latest technological achievements at the 13th international Iran Plast Exhibition.
2019-08-19 15:38
Iran Warns against Re-Seizure of Adrian Darya 1

TEHRAN (Shana) -- Spokesman for the Iranian Foreign Ministry Abbas Mousavi said the UK’s July 4 seizure of a tanker carrying Iranian oil in Gibraltar was an illegal action, and warned against any acts regarding the detention of the tanker.
2019-08-19 12:31
Goreh-Jask Pipeline

2019-08-19 11:28
RIPI, NISOC Ramp up Cooperation Efforts

TEHRAN (Shana) -- Heads of the Research Institute of Petroleum Industry (RIPI) and the National Iranian South Oil Company (NISOC) have met to discuss enhanced cooperation between the two organizations.
2019-08-18 15:58
MOT Prevents Burning 1.4 mb of Crude Oil in Karoon

TEHRAN (Shana) -- Exploiting a Mobile Oil Treater (MOT) in Karoon Oil and Gas Production Company has prevented burning of 1.4 million barrels of crude oil in operational districts.
2019-08-18 15:57
Zero Gas Flare in Arvandan Soon

TEHRAN (Shana) -- The CEO of Arvandan Oil and Gas Company said his company had taken measures to bring to zero its gas flaring by gathering the associated gases by mobile processing machinery.
2019-08-18 15:55
PRTC Indigenizes 50% of Catalysts Used in Iran

TEHRAN (Shana) -- The CEO of the Petrochemical Research and Technology Company (PRTC) said half of the catalysts used in various Iranian industries could be supplied domestically.
2019-08-18 11:46
NIOC to Offer Heavy Crude Oil at IRENEX on Aug. 21

TEHRAN (Shana) – The National Iranian Oil Company (NIOC) has planned to offer 2 million barrels of heavy crude oil on the international floor of the Iran Energy Exchange (IRENEX) on August 21 at $52.81 per barrel.
2019-08-17 15:38
Loading South Pars 22-24 Platform

BUSHEHR (Shana) -- The third offshore platform of phases 22 to 24 of the South Pars gas field was loaded at SADRA Yard in Bushehr on Wednesday.
2019-08-17 11:34
NISOC to Ink New Deals on Oil Production Maintenance, Enhancement

TEHRAN (Shana) -- An official with the National Iranian South Oil Company (NISOC) said the company had planned to sign three contract packages for oil production maintenance and enhancement in 28 reserves operated by NISOC.
2019-08-17 10:06
3rd SP22-24 Platform Loaded

TEHRAN (Shana) -- The third offshore platform of phases 22 to 24 of the South Pars gas field was loaded at SADRA Yard in Bushehr on Wednesday.
2019-08-17 09:54
Iran Saves €200m by Domestic Manufacturing of Sour Sheet Metals

TEHRAN (Shana) -- Production of 42-inch sheet metals for the Goreh-Jask Pipeline saves Iran 200 million dollars annually.
2019-08-14 16:45
Timely Implementation of Goreh-Jask Pipeline Project Necessary: CEO

TEHRAN (Shana) -- The CEO of the Petroleum Engineering and Development Company (PEDEC) stressed the necessity of completing the Goreh-Jask oil pipeline project on time.
2019-08-14 16:27
Iran Raises Crude Oil Production in North Yaran

TEHRAN (Shana) – Iran’s crude oi production from North Yaran Oilfield has increased by 1,000 b/d, an official with the developer of the field said.
2019-08-14 16:08
Some Middle Eastern Oil Countries Need US Support: Zangeneh

TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said, "Some Middle Eastern oil countries need the United States more than the United States needs them.”
2019-08-14 13:59
Iran Could become Influential in World Propylene Production: Official

TEHRAN (Shana) – A senior adviser to the Social Security Investment Company (SSIC) said Iran could play an influential role in the global propylene production by investing heavily in the methanol industry.
2019-08-14 13:54
Jam Petchem Plant Boosts Output by 15%

TEHRAN (Shana) – Jam Petrochemical Plant has developed its 106 Olefin Furnace which has added 15 percent to the facility’s output.
2019-08-13 16:35
Maximum Utilization of Domestic Potentialities in the Goreh-Jask National Plan: Official

TEHRAN (Shana) – The CEO of Petroleum Engineering and Development Company (PEDEC) said the company was focused on maximum utilization of domestic capabilities in the Goreh-Jask National Project.
2019-08-13 16:04
SZOGPC Manufactures, Repairs over 500 Oil Industry Items

TEHRAN (Shana) -- South Zagros Oil and Gas Production Company (SZOGPC) has manufactured or repaired the 521 items needed in the oil and gas industry domestically.
2019-08-13 15:22
Iran Gas Output at 810 mcm/d

TEHRAN (Shana) -- An official with the National Iranian Gas Company (NIGC) said the country’s current natural gas production capacity stood at 810 million cubic meters per day.
2019-08-11 16:57
POMC Awarded Commissioning of SP 14

TEHRAN (Shana) -- Petropars Operation and Management Company (POMC) has been awarded a project to commission and operate Phase 14 of the supergiant South Pars gas field, Petropars CEO said.
2019-08-11 16:33
Solar Power Plant Launched in Alborz Province Gas Company

ALBORZ (Shana) -- The managing director of Alborz Gas Company said that a 50-kW solar power plant was launched in the company with the aim of green management, environmental protection and energy consumption management.
2019-08-11 15:57
5% Recovery Rate at Iran's Largest Joint Oilfield

TEHRAN (Shana) -- The Director of Consolidated Planning at the National Iranian Oil Company (NIOC) said according to the MDPs provided to the NIOC for developing South and North Azadegan oilfields, the initial recovery rate in the Sarvak layer of South Azadegan is 5.1% and 4.5% in North Azadegan which is while the layer accounts for nearly 90% of the field’s in-place oil reserves.
2019-08-11 13:19
Caretaker of NIGC Int'l Affairs Appointed

TEHRAN (Shana) -- Hassan Montazer Torbati, the CEO of the National Iranian Gas Company (NIGC), has issued a decree appointing Hamid Reza Haghbin Jahromi as the caretaker of NIGC’s department of international affairs.
2019-08-10 16:24
NIOC to Offer 2 mb of Heavy Crude Oil at IRENEX on Aug. 13

TEHRAN (Shana) – The National Iranian Oil Company (NIOC) has planned to sell 2 million barrels of heavy crude oil on the Iran Energy Exchange (IRENEX) on August 13 at $57.98 per barrel.
2019-08-10 15:52