Oil Industry
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Oil Sector Turned Achilles Heel of Sanctions into Value-Added
SHANA (Tehran) - The 13th administration successfully neutralized the sanctions imposed on the export of gas condensate and converted the Achilles’ heel of the sanctions into value-added, Minister of Petroleum Javad Owji said.
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Oil Industry Growth Hitting 8 Percent
SHANA (Tehran) - The oil industry is predicted to grow 8 percent over the five-year development plan to March 2028 amid rising oil production to 5.5 million barrels daily.
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Rising Oil Production to 4 m/d within Reach, Owji
SHANA (Tehran) – The Iranian Minister of Petroleum says every 100 100,000 barrels of oil production per day generates 2.8 billion dollars of revenues annually, so the more the country's oil production and refining capacity increases, the more the country's economic power and foreign exchange resources increase.
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Questioning Oil Selling Achievements Unfair
SHANA (Tehran) - While the enemy has announced clearly that it has failed to prevent Iran from selling its crude oil, some call it into doubt at home.
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Oil Exports Revenues Rose Considerably, Owji
SHANA (Tehran) - Iranian Minister of Petroleum Javad Owji says that Iran’s foreign exchange revenue from exporting crude, gas condensate, oil products, and petrochemicals rose 3.5 times during the 13th administration in office since August 2021.
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Oil Sector Continues Growth in 1Q
SHANA (Tehran) - Oil sector growth was announced as positive over the first three months of the current Iranian calendar year of 1403, which began on March 21.
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Oil Production Rose by 60 Percent, Owji
SHANA (Tehran) - Iranian Minister of Petroleum, Javad Owji, says that the country’s oil production has risen by 60 percent over the three past years of Ibrahim Raisi’s administration in office.
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Oil Sector Records Incredible Rate of Growth
SHANA (Tehran) - Iran’s oil sector growth stood at 20.3 percent last year, consequently played a significant role in gross domestic production (GDP) growth, helping the overall economy to become larger.
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Riasi Energy Achievements Remarkable, MP
During the period Ibrahim Raisi served as president, the energy sector witnessed a major breakthrough amid boosting oil production and exports.
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Supporting First-Time Production Securing Economic Growth
SHANA (Tehran) - Realization of sustainable economic growth depends on supporting first-time production activities in the oil and gas industry.
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Oil Sector the Driving Force of Economic Growth, PBO
SHANA (Tehran) - All sectors of the economy have experienced a desirable rate of growth, but the oil sector plays the specific role of driving force with a higher rate of growth than other sectors.
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23 Mega Projects Ready to Come Online, Owji
SHANA (Tehran) - Iranian Minister of Petroleum, Javad Owji, says that 23 mega oil and gas projects, worth 4.6 billion dollars, are ready to come online.
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IIES Establishing Strategic Studies Centers
SHANA (Tehran) - The Institute for International Energy Studies’ (IIES) deputy for research says the institute plans to create a number of strategic studies centers in the institute to help the four main subsidiaries of the Petroleum Ministry to face the challenges they face by providing their needs to research and related studies.
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3.6 mb/d of Oil Production, the Great Achievement of 13th Administration
SHANA (Tehran) - Iran’s interim president, Mohammad Mokhber, says that boosting oil production to 3.6 million barrels per day was one of the most important achievements of the 13th administration under the leadership of Ibrahim Raisi.
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Oil Revenues Rise By $15b Annually
SHANA (Tehran) - During the 13th administration under the leadership of Ayatollah Raisi, Iran’s oil revenues rose about 15 billion dollars annually when compare with last years of the previous administration in office.
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U.S Foreign Policy Towards Iran Disastrous
SHANA (Tehran): Ted Cruiz, the U.S senator for Texas says that foreign policy of the Biden administration has been the “worst foreign policy of the country in modern time” calling it a “disaster” due to failure to curb Iran’s oil exports and ineffectiveness of sanctions.
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Ayatollah Raisi Laid to Rest, Cabinet Bid Farewell
SHANA (Tehran) - Iranian Minister of Petroleum, Jawad Owji, and other members of the 13th administration cabinet along with millions of peoples attended Iranian president Ibrahim Raisi’s funeral ceremony on Thursday in Mashhad, where the president laid to rest at the courtyard of holy shrine of Imam Reza (SA), the eighth Imam of Shia.
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Owji Describes Raisi Oil Industry Priorities in A TV Program
SHANA (Tehran): During a talk show on IRIB channel 1 on Tuesday evening, Iranian Minister of Petroleum, Javad Owji, explained how the late president, Ayatollah Ibrahim Raisi, was serious about developing oil industry projects.
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NIOPDC Accelerating Online Monitoring
SHANA (Tehran) - The National Iranian Oil Refining and Distribution Company (NIORDC) has launched a monitoring center to oversee all the processes pertaining to production, transfer and distribution of oil products.
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Iran’s Oil Production Up By 50 thousand b/d; IEA
SHANA (Tehran) - Iran’s oil production rose by 50 thousand barrels a day reaching 3.3 million barrels per day in April, the International Energy Agency (IEA) announced in its latest monthly report.
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Collecting Associated Gases Reaching 40 mcm/d
SHANA (Tehran) - Since the 13th administration took office in August 2021, approximately 25 million cubic meters of associated gases have been collected that is going to reach 40 million cubic meters per day at the end of current Iranian calendar year 1403, ending on 20 March 2025.
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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.
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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.
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President Approves Referral to Arbitration Against Indian Company
SHANA (Tehran) - Iranian President, Ibrahim Raisie promulgated the law pertaining to referral the dispute between the Iranian Gas Engineering and Development Company (IGEDC) with the State Trading Corporation of India LTD to arbitration.
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79 Oil Industry Projects Coming Online This Year, Owji
SHANA (Tehran) - Over the last Iranian calendar year of 1402, ended 19 March 2024, petrochemical production capacity surged by 5 million tons while oil and gas sectors grew by 20 percent, Iranian Minister of Petroleum, Javad Owji, said.
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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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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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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.
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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.