Iran
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65 oil, gas fields discovered in 45 years
SHANA (Tehran) - Iran sits atop the world’s largest oil and gas reserves combined, amounting to 1,200 billion barrels of oil equivalent (boe).
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Oil 2024, Quick Review
SHANA (Tehran) – The world oil market did not experience much volatility in 2024. North Sea Brent traded between $83 and $85 a barrel in the 1H2024, which was weakened to even $71 a barrel during the third and fourth quarters due to lower demand.
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Iran Stays OPEC 3rd Producer in Dec. 2024
SHANA (Tehran) - Iran maintained its position as the third largest producer of the Organization of the Petroleum Exporting Countries (OPEC) last December, supplying 3.314 mb/d of oil, OPEC said in a report.
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Iran’s heavy crude oil prices surge in January, OPEC reports
SHANA (Tehran) – According to the latest monthly report from OPEC, Iran’s heavy crude oil prices rose significantly in January, increasing by $6.65, or 9.1%, compared to December, 2024.
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Tehran, Ashgabat to expand oil cooperation
SHANA (Tehran) – Iran’s oil minister and Turkmenistan’s foreign minister emphasized deepening cooperation between the two countries in the fields of oil and gas, exploring avenues to expand collaboration.
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Iran’s oil industry achievements in focus
SHANA (Tehran) – Over the past 45 years, Iran's oil industry has faced numerous challenges, including imposed war and sanctions. Despite these obstacles, it has continued to develop and progress, thanks to the dedication and expertise of its workforce, earning a distinguished position on the global stage. This photo gallery highlights some of the industry's key achievements, driven by the unity, specialized skills, and unwavering determination of the Iranian people behind the scenes.
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Iran's oil industry: A story of resilience and progress
SHANA (Tehran) – The story of Iran's oil industry on the eve of the 46th anniversary of the Islamic Revolution must be told differently—not through official reports, but through the real, hard-fought efforts of men and women who, at the cost of their lives during years of war and sanctions, ensured that not a single day of Iran's oil production and exports was halted, even without the presence of foreign companies.
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Iran maintains position as OPEC’s third-largest producer
SHANA (Tehran) – According to the first 2025 report from the Secretariat of the Organization of the Petroleum Exporting Countries (OPEC), Iran maintained its position as the third-largest producer in the organization, with daily oil output reaching 3.314 million barrels in December, 2024.
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Iran’s petchem industry generates $16b despite sanctions: MP
SHANA (Tehran) – The head of the Parliamentary Oversight Board on the Oil, Gas, and Petrochemical Industries announced that this year marks the 60th anniversary of Iran’s petrochemical industry, which has achieved the remarkable milestone of generating approximately $16 billion in revenue for the country despite sanctions.
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Iran Oil Show 2024 Wraps Up (2)
SHANA (Tehran) -- The 28th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show 2024, wraps up on Saturday, May 11, 2024. The photos show last day of the exhibition.
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Iran Oil Show 2024 Wraps Up (1)
SHANA (Tehran) -- The 28th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show 2024, wraps up on Saturday, May 11, 2024. The photos show last day of the exhibition.
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Government’s Spokesman Visits Iran Oil Show 2024
SHANA (Tehran) -- Iran’s government spokesman Ali Bahadori Jahromi pays a visit to the 28th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show 2024, on Saturday, May 11.
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NPC Chief Participates in Press Conference
SHANA (Tehran) -- Managing Director of National Petrochemical Company of Iran (NPC) Morteza Shahmirzaie attends a press conference held here on Saturday on the sidelines of the 28th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show 2024.
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IGTC Head’s Press Conference
SHANA (Tehran) -- Managing Director of the Iranian Gas Transmission Company (IGTC) Gholam-Abbas Hosseini attends a press conference held here on Saturday on the sidelines of the 28th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show 2024.
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NISOC Head Attends Press Conference
SHANA (Tehran) -- Managing Director of National Iranian South Oilfields Company (NISOC) Alireza Daneshi participates in a press conference held here on Saturday on the sidelines of the 28th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show 2024.
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Iran to Launch 15 Petchem Projects by Yearend: NPC Chief
SHANA (Tehran) -- Iran is to launch 15 petrochemical projects by the end of the current Iranian calendar year (to end on March 20, 2025), said the managing director of National Petrochemical Company of Iran (NPC) here on Saturday.
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Belarusian Delegation Visits Iran Oil Show 2024
SHANA (Tehran) -- A delegation from Belarus visited the 28th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show 2024, on Wednesday, May 8.
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Deputy Petroleum Minister Participates in Press Conference
SHANA (Tehran) -- Iran’s Deputy Petroleum Minister for Refining and Distribution Jalil Salari attends a press conference held here on Friday on the sidelines of the 28th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show 2024.
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Iran Invests $6.5b in Oil Industry Upstream Sector
SHANA (Tehran) -- Some 6.5 billion dollars were invested in oil industry’s upstream sector on average per year under the incumbent administration, managing Director of National Iranian Oil Company (NIOC) said here on Friday.
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NIGC Head Visits Iran Oil Show 2024
SHANA (Tehran) -- Managing Director of National Iranian Gas Company (NIGC) Majid Chegeni pays a visit to the 28th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show 2024, on Friday, May 10.
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ICOFC CEO Attends Press Conference
SHANA (Tehran) -- Managing Director of Iranian Central Oil Fields Company (ICOFC) Mehdi Heydari participates in a press conference held here on Friday on the sidelines of the 28th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show 2024.
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Petroleum Minister Meets with GECF Sec. Gen.
SHANA (Tehran) -- Iranian Minister of Petroleum Javad Owji held talks with the Secretary General of the Gas Exporting Countries Forum (GECF) Mohammed Hamel on Thursday and discussed latest development in global gas market.
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African States Welcome Collaboration with Iran on Oil, Gas Projects
SHANA (Tehran) -- The ambassadors of Uganda, Kenya, Senegal and Burkina Faso in Tehran discussed the updates about their countries in the energy field, expressing their readiness to collaborate with Iran in the "Perspective of Oil and Gas Industry in Africa" meeting.
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Second Day of Iran Oil Show 2024 (2)
SHANA (Tehran) -- The photos show the second day of the 28th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show 2024, inaugurated in a ceremony in Tehran on May 8, 2024. Some 250 companies from 12 countries have taken part in the exhibition which will be open to visitors every day from 9:00 a.m. to 4:00 p.m. (0530 to 1230 GMT) until Saturday.
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Deputy Petroleum Minister Attends Press Conference
SHANA (Tehran) -- Iranian Deputy Petroleum Minister for Engineering, Research and Technology Vahid-Reza Zeidifard participates in a press conference here on Thursday on the sidelines of the 28th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show 2024.
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NIOC CEO Participates in Press Conference
SHANA (Tehran) -- The CEO of National Iranian Oil Company (NIOC) Mohsen Khojasteh-Mehr attends a press conference here on Thursday on the sidelines of the 28th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show 2024.
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GECF Sec. Gen. Attends Meetings at RIPI
SHANA (Tehran) -- The Secretary General of the Gas Exporting Countries Forum (GECF) Mohammed Hamel and Iran’s Deputy Petroleum Minister for International Affairs and Trade Ahmad Asadzadeh participate in a number of meetings held at the Research Institute of Petroleum Industry (RIPI) here on Wednesday.
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GECF Sec. Gen. Visits RIPI
SHANA (Tehran) -- The Secretary General of the Gas Exporting Countries Forum (GECF) Mohammed Hamel pays a visit to the Research Institute of Petroleum Industry (RIPI) here on Wednesday.
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Second Day of Iran Oil Show 2024 (1)
SHANA (Tehran) -- The photos show the second day of the 28th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show 2024, inaugurated in a ceremony in Tehran on May 8, 2024. Some 250 companies from 12 countries have taken part in the exhibition which will be open to visitors every day from 9:00 a.m. to 4:00 p.m. (0530 to 1230 GMT) until Saturday.
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NIGC Head Attends Press Conference
SHANA (Tehran) – The head of National Iranian Gas Company (NIGC) participated in a press conference held here on Thursday on the sidelines of the 28th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show 2024.