oil
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Iran, Iraq forming Joint Technical Groups to Develop Energy Ties
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company (NIOC) said Iran and Iraq were to form a joint working group to cooperate in joint fields, transfer technology and equipment from Iran based on the ability of private companies and send technical and specialized groups from the two countries to identify cooperation capacities.
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Iran Ready to Export Technical, Engineering Services to Iraq
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company announced Iran's readiness to export technical and engineering services to Iraq, saying: "Iran wants to benefit from Iraq's participation in the development of the oil and gas industry."
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Preparing Roadmap for Iran-Iraq Future, Necessary
TEHRAN (Shana) -- The Iraqi Deputy Minister of Oil for Exploration underlined the desire of the Iraqi Minister of Oil to develop relations and take broader steps through the formation of a joint working group with Iran, stressing that a roadmap should be prepared for the future steps and goals of the two countries.
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Iran, Iraq to Bolster Energy Ties
TEHRAN (Shana) – The adviser to the Iranian Minister of Petroleum on Iraq stressed the need to strengthen cooperation between Iran and Iraq in the field of energy.
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40% Growth in Receipt of Oil Revenues: Min.
TEHRAN (Shana) – The Iranian Minister of Petroleum said the country’s receipt of oil revenue has increased by 40% in the first quarter of the current calendar year, which began on March 21 compared to the same period last year.
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60% Rise in Performance Efficiency of Dena Petrochemical Plant
TEHRAN (Shana) -- The progress of Dena Petrochemical project is over 75%, which shows a 60% increase in the company's total productivity in 10 months compared to the same period last year.
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Stunning Oil Revenue Rise under Raisi
TEHRAN (Shana) – Iran’s crude oil exports and revenues under President Raisi administration have increased dramatically given its active energy diplomacy.
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Iran, Kazakhstan Sign Energy Cooperation MoU
TEHRAN (Shana) – A Memorandum of Understanding on oil and gas cooperation was signed by the CEO of the National Iranian Oil Company in the presence of the Presidents of Iran and Kazakhstan.
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Iran receives Gas Dues from Iraq
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji announced in his latest Twitter post the receipt of gas export arrears from Iraq that amounted to $1.6 billion.
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Long-Standing Dream of Offshore Refinery Coming True: MP
TEHRAN (Shana) -- "Energy diplomacy is one of the most important priorities of the administration and parliament," said the head of the parliament's energy committee, noting that Iran’s energy diplomacy is moving forward and so far favorable agreements and contracts have been signed in this regard.
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Petropars, a Full-Fledged Oil Company: Venezuelan Official
TEHRAN (Shana) -- The CEO of the Venezuelan National Oil Company (Pedosa) described Iran’s Petropars as a full-fledged and capable company in the field of oil and gas development, and said: "This company can run various projects in the Venezuelan oil industry."
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Turkmenistan Seeking more Gas Swap to Azerbaijan, Neighboring Countries
TEHRAN (Shana) – The Iranian Minister of Petroleum said: "In a meeting with the Deputy Chairman of the Cabinet for Oil and Gas Affairs of Turkmenistan, the other side asked us to increase gas swaps to Azerbaijan and other neighboring countries, to which we announced our readiness."
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Iran-Venezuela, Oil Coalition against US Sanctions
TEHRAN (Shana) – The head of the Institute for International Energy Studies (IIES) said: "Venezuela knows that easing US sanctions on its oil industry is temporary and commensurate with US needs, so it is looking for 20 years of cooperation with Iran.”
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Iran Policy in Sale of Oil, Condensate Active Marketing: Spokesman
TEHRAN (Shana) -- The government spokesman said: "Iran's policy in the field of selling oil and gas condensate is active marketing, and today a significant amount of oil is sold and the resulting hard currency is returned to the country."
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Minister of Petroleum meets with the President of Venezuela
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji met with Venezuelan President Nicolas Maduro on Monday, June 13, at Saadabad Palace.
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Constructive Interaction of Holders of 460 bb of World Oil Reserves
TEHRAN (Shana) -- The presidents of Iran and Venezuela, as holders of more than 460 billion barrels of crude oil reserves, formally held talks in Tehran on Saturday, June 11, and signed a 20-year cooperation document.
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Maduro Notes Petropars Capacity in Venezuela Oil Projects
TEHRAN (Shana) -- The President of Venezuela stressed the need to use the capacity of the Iranian company, Petropars, to develop Venezuela’s oil and gas projects.
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Online Environmental Monitoring System of Tehran Refinery Operational
TEHRAN (Shana) -- The project of establishing an online monitoring system for the environmental parameters of the flue gas in the furnaces of the southern region of the Tehran refinery was put into operation.
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Tehran, Caracas seeking to develop Energy Ties
TEHRAN (Shana) – Iranian President Ebrahim Raisi said: "There is good cooperation between Tehran and Caracas in the field of energy, thermal power plants, repair of refineries, export of technical and engineering services, economic, defense and military relations."
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Top Iran Oil News of the Week
TEHRAN (Shana) – The top news of the week included Iranian Minister of Petroleum Javad Owji’s visit to Azerbaijan, the presence of the Minister of Petroleum in the National Day of Russia, the appointment of new members of the Board of Directors of the National Iranian Oil Company, and more.
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Iran’s Energy Diplomacy in Latin America
TEHRAN (Shana) -- Growing demand for energy has intensified international rivalry over access to energy resources. Therefore, various nations are trying their best to adopt an effective and efficient energy diplomacy in a bid to guaranteeing safe access to these vitally important resources.
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Gray Shadow of Energy Security
TEHRAN (Shana) -- The energy market has seen many fluctuations over recent months. The latest lockdowns in China are causing significant demand destruction and adding downward pressure on oil prices, reduction of gas storage in Europe and finally the tension between Russia and Ukraine complicated part of energy marketpuzzle, such a wonderful life!
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Integrated Azadegan Development
TEHRAN (Shana) -- Minister of Petroleum Javad Owji has said the second phase development of the giant South Azadegan oil field would be implemented by local firms. The first phase of this field, which is among the West Karoun cluster of fields, has been developed by local contractors to reach the nominal output of 220,000 b/d by next March.
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Can We Halve Greenhouse Emissions by 2030?
TEHRAN (Shana) -- The 14th meeting of Working Group III (WGIII-14) of the Intergovernmental Panel on Climate Change (IPCC) concluded its two-week work (starting March 21) so that delegates and scientists would convene virtually on April 4 to officially adopt the summary for policymakers (SPM) of the 6th assessment report (AR6).
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NISOC Eyes PDC Technology
TEHRAN (Shana) -- Enhanced oil recovery (EOR) requires application of modern technologies. Although Iran's oil industry has faced sanctions in recent years and has been prevented from having access to many of these technologies, Iranian oil companies are seeking technical knowhow through cooperation with international companies or Iranian universities. The head of R&T division of National Iranian South Oil Company (NISOC), Mohammad Golestan-Bagh, tells Iran Petroleum that efforts are under way to develop knowhow for the manufacturing of polycrystalline diamond compact (PDC) bits.
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NIOC to Raise Azadegan, Yadavaran Output
TEHRAN (Shana) -- The head of corporate planning of National Iranian Oil Company (NIOC), Karim Zobeidi, says Iran is now ready to produce 3.838 mb/d of oil. In an interview with “Iran Petroleum”, he says the giant South Azadegan oil field would see its output reach 220,000 b/d. He also says talks are under way with a foreign firm to develop the second phase of the Yadavaran field for its output to increase to 210,000 b/d from the current 110,000 b/d.
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Iran Oil Exports Well: Min.
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji described the status of sales of Iranian crude oil and petroleum products as favorable.
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Owji Meets with Kazakhstan Energy Minister
BAKU (Shana) – Iranian Minister of Petroleum, Javad Owji, met with Kazakhstan Energy Minister, Bulat Aqchulaqov, on Thursday on the sidelines of Baku Energy Forum.
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Iran Oil Sales in 13th Administration Acceptable
TEHRAN (Shana) – Iran’s 13th administration has sold an acceptable level of oil and the country managed to maintain its share in oil market, Iran’s government spokesman said on Wednesday.
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Iran, Tajikistan sign dozens of Cooperation Documents
TEHRAN (Shana) -- 17 cooperation documents in various fields including energy, economy, trade and tourism have been signed between Iran and Tajikistan.