Iran’s oil opportunities: Targeting a 7.7-million-barrel increase in oil storage capacity

SHANA (Tehran) – The National Iranian Oil Company (NIOC) has plans to boost the country’s crude oil storage capacity by 7.7 million barrels by introducing five projects at the "Transformation in Investment and Development in Iran’s Upstream Oil and Gas" event.

Iran’s oil opportunities: Power generation, transmission

SHANA (Tehran) – Iran faces growing energy imbalances, with natural gas shortages in winter and electricity shortages in summer.

Iran’s oil opportunities: Water desalination projects

SHANA (Tehran) – Water desalination in the oil industry serves two main purposes: meeting the sector's water needs and fulfilling social responsibilities. Now, three new desalination projects with a total daily capacity of 13,600 cubic meters will be introduced to investors at Iran’s Upstream Oil and Gas Investment and Development Transformation Event.

Iran’s oil opportunities: Natural gas liquids

SHANA (Tehran) – Natural gas liquids (NGLs) have recently become one of Iran’s top non-oil exports, according to official statistics. However, the country has far greater potential in this sector, and with new investments, it can secure a larger share of the global NGL market.

Movement toward sustainable development in oil industry relies on investors’ role

SHANA (Tehran) – A member of Iranian Parliament called the "Transformation in Investment and Upstream Oil & Gas Development" event a significant step toward economic growth and sustainable development in Iran.

Iran’s oil opportunities: Gas refinery development

SHANA (Tehran) – Iranian Central Oil Fields Company (ICOFC) has plans to introduce an investment opportunity in gas refinery development with a daily refining capacity of 20 million cubic meters at the "Transformation in Investment and Development in Iran’s Oil and Gas Upstream" event.

Iran Oil Show 2025 to focus on investment

SHANA (Tehran) – The poster for the 29th International Oil, Gas, Refining, and Petrochemical Exhibition (Iran Oil Show 2025) was unveiled with the slogan "Investment in the Oil Industry Ensures Economic Growth and Development."

Iran’s oil opportunities: Gas sweetening

SHANA (Tehran) – One of the most attractive investment opportunities in Iran’s oil and gas industry is gas sweetening, which offers significant benefits, including: - Boosting GDP and foreign currency earnings - Reducing emissions and environmental impact - Helping address gas supply shortages

Developing growth-oriented approach in oil, gas industry

SHANA (Tehran) – The CEO of Pasargad Exploration, Development and Production Company emphasized the importance of fostering a growth-oriented approach in oil and gas field operations, stating that institutionalizing this mindset across government bodies and industry players would optimize resource use, improve critical infrastructure, and boost economic prosperity.

Foreign Ministry spokesman responds to Kuwait’s renewed claims

Iran hopes Kuwait will agree to talks on Arash gas field

SHANA (Tehran) – Foreign Ministry spokesperson Esmaeil Baqaei on Monday reiterated that the dispute over the shared Arash gas field must be resolved through negotiations and mutual agreement, taking into account the historical and customary rights of both parties.

MP:

Investment in oil key to turning potential into national wealth

SHANA (Tehran) – A member of Iran's Parliamentary Industries and Mines Committee said the country’s oil and gas sector holds immense potential, which – if managed properly – could generate significant added value for the nation.

Iran’s oil opportunities: Rapid-deployment skid-mounted units for crude processing

SHANA (Tehran) – Projects using skid-mounted equipment to speed up crude oil processing will be introduced at the "Transformation in Investment and Upstream Oil Industry Development" event, highlighting the efforts of the National Iranian South Oil Company.

Iran’s oil opportunities: Gas pressure boosting stations

SHANA (Tehran) – Five sour gas pressure boosting station projects, aimed at collecting, pressurizing and transferring up to 108 million cubic meters per day of associated gas, will be introduced to investors at the Transformation in Investment and Development in Iran’s Upstream Oil and Gas event.

16 specialized sessions to be held at Oil Industry Investment Transformation Event

SHANA (Tehran) – Amir Moqiseh, investment and business development manager at the National Iranian Oil Company (NIOC), said 16 specialized sessions will be held at the Investment and Development Transformation Event in Iran’s upstream oil and gas sector.

Iran's oil opportunities: Smart pigging as a step toward safety, sustainability 

SHANA (Tehran) - The National Iranian Oil Company (NIOC) has plans to introduce a new project to develop smart pigging technology, creating fresh opportunities for domestic and foreign investors in the oil and gas sector. 

Support for investors 'will transform Iranian oil industry'

SHANA (Tehran) – The former CEO of the National Iranian Tanker Company (NITC) emphasized the need to support Iranian investors in the oil and gas sector, stating that ensuring the welfare of the public is only possible through effective backing of investors, particularly domestic investors and Iranians living abroad.

MP:

Oil, gas: Path to sustainable development

SHANA (Tehran) – The deputy chairman of the Iranian Parliament’s Energy Committee stated that oil and gas are central to achieving sustainable development, emphasizing that Iran, as one of the world’s largest holders of oil and gas reserves, has unparalleled potential to generate wealth and advance sustainable development.

Lawmaker:

Investment in oil, gas upstream sector key to sustainable energy development

SHANA (Tehran) – The head of the Entrepreneurship and Removing Production and Employment Barriers faction in Parliament said that in a year designated for boosting production as the country’s central goal, focusing on the oil and gas upstream sector has become even more critical.

MP:

Building trust for investment key to sustainable development in oil, gas

SHANA (Tehran) – A member of the Iranian Parliament’s Energy Committee said that as this year has been designated the "Year of Investment for Production," one of the main challenges in achieving this goal is building public trust in investment processes.

Iran oil opportunities: Support projects in strategic regions

SHANA (Tehran) – The National Iranian Oil Company (NIOC) will unveil a comprehensive plan to invest in support projects aimed at developing oil industry infrastructure and bolstering related operations. These projects involve activities by the Caspian Oil Company, Iran Offshore Oil Co., Iranian Oil Terminals Company, and the Pars and Lavan special economic zones.

Redefining oil contracts: An endless battle amid sanctions

SHANA (Tehran) – Iran’s oil industry, grappling with sanctions and regional competition, is redefining its contracts to boost appeal and attract investors—a shift that could free the sector from constraints and open new avenues for international cooperation.

Unveiling of beta financing package: A new step in upstream oil, gas development

SHANA (Tehran) – Iran’s Oil Industry Research and Technology Fund introduces the "Beta" financing package (Powered by Iran) at an event focused on investment and development in upstream oil and gas.

Senior MP: Building trust key to attracting investment in oil, gas industry

SHANA (Tehran) – The head of the Iranian Parliament’s Energy Committee said removing obstacles and fostering a climate of trust will encourage effective participation by investors in the oil and gas sector.

Private sector investment opportunities in oil highlighted

SHANA (Tehran) – The head of Parliament's Energy Committee said there are opportunities for private sector investment in upstream and downstream petrochemical industries, as well as oil and gas, and that the committee supports such investments.

Iran dismisses reports of halting Iranian oil vessels

SHANA (Tehran) – The spokesperson for Iran's Foreign Ministry dismissed claims made by Reuters regarding the halting of Iranian oil tankers, labeling them as fabricated, false, or biased reporting.

Gas, diesel deliveries exceed targets this winter

SHANA (Tehran) – Gas and diesel deliveries during the winter of the current year surpassed the predetermined quotas, with average daily gas supply to the network exceeding 870 million cubic meters in the month of Bahman (Jan. 19-Feb. 18).

Iranian crude oil OSP for March announced by NIOC

SHANA (Tehran) – The National Iranian Oil Company (NIOC) has set the official selling prices (OSP) for Iranian crude oil in March. According to the company, Iran’s light crude oil will be priced $4.35 above the benchmark price (Oman/Dubai crude) for Asian customers.

Specialized workforce strengthening crucial in exploration sector

SHANA (Tehran) – The director of oil and gas production supervision at the National Iranian Oil Company (NIOC) emphasized the importance of maintaining and strengthening a specialized workforce in the exploration sector, describing it as the first link in the oil industry’s value chain.