oil
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NISOC takes major step toward sustainable oil production
SHANA (Tehran) – The CEO of National Iranian South Oil Company (NISOC) announced that the company aims to increase its oil production to more than 2.8 million barrels per day by the end of this year.
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Comprehensive production roadmap drafted at NIOC
SHANA (Tehran) – The CEO of the National Iranian Oil Company (NIOC) emphasized the continuation of increasing oil production through the end of the year, stating that due to measures taken, subsidiaries have had access to a comprehensive annual production roadmap since the beginning of the year.
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West Karun oil fields eyed for 1 mbd production
SHANA (Tehran) – The CEO of the National Iranian Oil Company (NIOC) emphasized the need to strengthen the Arvandan Oil and Gas Company to achieve the goal of producing 1 million barrels of oil per day from the West Karun fields.
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Iran sets June 2025 oil prices for global markets
SHANA (Tehran) – The National Iranian Oil Company (NIOC) announced official selling prices for various crude oil grades in June 2025.
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Iran’s oil industry must tap reserves to turn potential into power
SHANA (Tehran) – A senior oil expert stated that "power in the oil market originates at the wellhead," emphasizing that vast hydrocarbon reserves hold no operational economic value until they are extracted and utilized.
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Revive exploration council to secure Iran’s oil future, says former NIOC director
SHANA (Tehran) – Saleh Hendi, former exploration director of the National Iranian Oil Company (NIOC), emphasized the strategic role of exploration in the future of the oil industry and called for the revival of the Supreme Exploration Council and greater attention to this sector by senior managers. He stated, "Exploration workers are the unsung pioneers of the oil industry."
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Iran’s high potential for discovering new oil, gas reserves
SHANA (Tehran) – The former exploration director of the National Iranian Oil Company (NIOC) said the process of discovering oil and gas is becoming increasingly difficult, as large, low-risk reserves have already been identified, leaving current exploration operations with higher risks. However, Iran still holds significant potential for discovering new oil and gas resources.
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Parliament backs easier investment in oil, energy
SHANA (Tehran) – A member of the Parliament’s Energy Committee emphasized the committee’s support for attracting investment in the oil and gas sector, stating that the legislature is focused on passing laws and regulations to facilitate domestic and foreign investment in the energy sector.
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Tehran, Kabul pledge closer collaboration on energy projects
SHANA (Tehran) – Iran’s oil minister and Afghanistan’s minister of mines and petroleum stressed the need to expand bilateral cooperation in oil and gas, discussing ways to enhance collaboration.
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Parliament seeks to remove barriers to investment in oil industry
SHANA (Tehran) – The head of the Energy Committee in Parliament emphasized the need to streamline regulations to attract investment in the oil and gas industry, stating that Parliament is seriously focused on investment and will provide both legal and operational support.
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Kharg Island ready to fully support maximum Iranian oil exports
SHANA (Tehran) – The CEO of Iranian Oil Terminals Company emphasized the strategic position of Kharg Island in the country’s oil export chain and announced the company’s full readiness to support Iran’s maximum oil exports. He stated that Iran’s oil terminals play a key role in achieving the oil industry’s major goals through their specialized, infrastructural and logistical capabilities.
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OPEC crude production hits 26.7 mbd in April
SHANA (Tehran) - Members of the Organization of the Petroleum Exporting Countries (OPEC) produced a combined 26.71 million barrels per day (bpd) of oil in April, according to the group’s latest report.
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Sino-US Tariff War Impact on Oil/Gas
SHANA (Tehran) - A trade war between the United States and China, the world’s top economies, has intensified over recent years. The latest indication is mutual sharp import tariff hikes. China has vowed to fight to the end in the face of US bullying, taking countermeasures against President Donald Trump’s administration.
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$100m in first-time production contracts signed at Iran Oil Show 2025
SHANA (Tehran) – The CEO of the National Iranian South Oil Company (NISOC) said the total value of four first-time production contracts signed at the oil exhibition was about $100 million.
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Iran Oil Show 2025 wraps up
SHANA (Tehran) -- The 29th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show 2025, wraps up on Sunday, May 11. The photos show last day of the exhibition.
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Gov’t official visits Iran Oil Show 2025
SHANA (Tehran) -- The Head of the Government Information Council, Elias Hazrati, visits the 29th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show 2025, on Sunday, May 11.
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Iranian Official visits Iran Oil Show 2025
SHANA (Tehran) -- The Head of Plan and Budget Organization, Seyyed Hamid Pourmohammadi, pays a visit to the 29th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show 2025, on Sunday, May 11.
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NPC CEO attends a press conference
SHANA (Tehran) -- The CEO of the National Petrochemical Company (NPC), Hassan Abbaszadeh, participates in a press conference here on Sunday, May 11, on the sidelines of the 29th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show 2025.
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Mostazafan Foundation head visits Iran Oil Show 2025
SHANA (Tehran) -- The Head of Mostazafan Foundation, Hossein Dehghan, visits the 29th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show 2025, here on Sunday, May 11.
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Senior official visits Iran Oil Show 2025
SHANA (Tehran) -- The President of the Supreme Audit Court of the Islamic Republic of Iran, Seyed Ahmadreza Dastgheib, pays a visit to the 29th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show 2025, on Sunday, May 11.
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POGC CEO participates in a press conference
SHANA (Tehran) -- The CEO of Pars Oil and Gas Company (POGC), Touraj Dehghani, attends a press conference here on Saturday, May 10, on the sidelines of the third day of the 29th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show 2025.
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ICOFC CEO attends a press conference
SHANA (Tehran) -- The CEO of Iran Central Oil Fields Company, Peyman Imani, participates in a press conference here on Saturday, May 10, on the sidelines of the third day of the 29th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show 2025.
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MPs visit Iran Oil Show 2025
SHANA (Tehran) -- The Head of the Iranian Parliament’s Energy Committee, Mousa Ahmadi, and a member of Iran’s Parliament, Malek Shariati Niasar, visit the 29th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show 2025, on Saturday, May 10.
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Gov't spokesperson visits Iran Oil Show 2025
SHANA (Tehran) -- Iran’s Government Spokesperson, Fatemeh Mohajerani, pays a visit to the 29th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show 2025, on Saturday, May 10.
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NISOC CEO attends a press conference
SHANA (Tehran) -- The CEO of the National Iranian South Oil Company (NISOC), Ebrahim Piramoun, takes part in a press conference on Saturday, May 10, on the sidelines of the 29th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show 2025.
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Iran’s Hydrogen Pivot Panel Held
SHANA (Tehran) – The photos show a panel on “From Gray to Green: Iran’s Hydrogen Pivot” held on Saturday, May 10, on the sidelines of the third day of the 29th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show 2025, with the head of the Institute for International Energy Studies, Mohammad-Sadeq Jokar, and the Director General of the Department for OPEC Affairs and Relations with Energy Communities at the Oil Ministry, Ehsan Taghavinejad, in attendance.
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NIORDC CEO attends a press conference
SHANA (Tehran) -- The CEO of the National Iranian Oil Refining and Distribution Company (NIORDC), Mohammad-Sadeq Azimifar, participates in a press conference here on Saturday, May 10, on the sidelines of the 29th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show 2025.
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Second day of Iran Oil Show 2025
SHANA (Tehran) -- The photos show the second day of the 29th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show 2025. The exhibition kicked off in Tehran on Thursday, May 8, in a ceremony with the presence of Iran Oil Minister, Mohsen Paknejad and will be open to visitors every day from 8:00 to 15:00 (0430 to 1130 GMT) until Sunday.
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Oil Minister Visits Iran Oil Show 2025 (2)
SHANA (Tehran) -- Iran’s Oil Minister, Mohsen Paknejad, pays a visit to the 29th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show 2025, on Friday, May 9.
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Oil Minister Visits Iran Oil Show 2025 (1)
SHANA (Tehran) -- Iran’s Oil Minister, Mohsen Paknejad, visits the 29th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show 2025, on Friday, May 9.