Oil
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Iran, China hold talks on boost in oil cooperation
Tehran, IRNA – Iranian Minister of Petroleum Ali Owji and Libin Zhang, the deputy head of China National Petroleum Corporation (CNPC)'s Middle East department, held talks in a meeting on developing cooperation.
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OPEC+ mustn’t ignore Iran's oil return to market: Minister
Tehran, IRNA - Iranian Minister of Petroleum Bijan Zanganeh on Sunday said that OPEC+ cannot turn a blind eye to the return of Iranian oil production to global markets after the imposed sanctions are removed.
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President Rouhani to inaugurate strategic Goreh-Jask pipeline project soon
Tehran, IRNA – CEO of National Iranian Oil Company announced that pumping oil into strategic Goreh-Jask pipeline will start upon its completion by the Iranian President Hassan Rouhani in near future.
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Jask Terminal to boost Iran's bargaining power
Tehran, July 18, IRNA - Loading and transporting crude oil from Jask Oil and Gas Terminal in the Sea of Oman within a few days will bolster Iran's bargaining power in global petroleum markets.
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Iran starts drilling operation at joint Forouzan Oilfield
Tehran, IRNA – The Managing Director of Iranian Offshore Oil Company (IOOC) said that upon the completion of the installation project of the giant offshore rigs, drilling and repairing of oil wells has started in the Forouzan joint oilfield with the purpose of increasing oil extraction.
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Senior expert underlines legal regime for Joint fields
Tehran, IRNA – A senior official in the Iranian Ministry of Petroleum said that devising a legal regime for petroleum extraction from joint oil fields can result in maximum extraction.
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Iran’s envoy, OPEC secretary-general discuss oil market
London, June 8, IRNA - Iran’s permanent representative to the Vienna-based international organizations Kazem Gharibabadi held talks with Secretary General of OPEC Mohammed Barkindo on Monday evening in Austria and discussed oil market and bilateral ties.
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Iran's Oil Minister in Tehran Oil Refinery to oversee fire extinguishing operation
Tehran, June 3, IRNA – Iran's Oil Minister Bijan Zangeneh on Wednesday evening visited the site of Tehran oil refinery to oversee crisis management operations to contain a huge fire which started there earlier in the evening.
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Indonesia releases seized Iranian tanker
Tehran, May 29, IRNA – Iranian oil tanker, Horse, which was seized on January 24 in Indonesia was released on Friday.
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Iran getting rid of dependence on centralized oil terminals
Tehran, May 24, IRNA - The Islamic Republic of Iran has succeeded in getting rid of dependence on centralized oil terminals as the development project of the Goreh-Jask pipeline will be completed within the coming days.
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NIOC, PetroPars ink a deal to develop Farzad B gas field
Tehran, May 17, IRNA - Masoud Karbasian, CEO of National Iranian Oil Company, announced that the NIOC signed a deal worth 1.78 billion dollars with the Petropars Oilfield Services Company to develop Farzad B gas field in the South Pars/North Dome field.
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Global oil market eyeing Iran
Tehran, May 10, IRNA – Beginning of the fourth round of talks in Vienna to revive the JCPOA and multilateral attempts to reach a win-win agreement as soon as possible has caught eyes in global oil market, making OPEC Plus ministers closely watch developments in Vienna, Iran Newspaper wrote in a report on Monday.
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Iran ready to augment oil output by 1m bpd
Tehran, April 19, IRNA – Iran newspaper has reported that Iran enjoys the capacity of producing around four million bpd crude oil saying that the output capacity currently stands at 2.3 bpd and there is consensus that Iran has augmented oil output despite sanctions.
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Iran, Nakhchivan officials confer on ways to expand oil & gas ties
Baku, April 16, IRNA -- Consul General of Iran in Nakhchivan on Friday called for expansion of oil and gas ties with Nakhchivan.
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President Rouhani terms Iran as exporter of gas, diesel fuel
Tehran, March 24, IRNA – President Hassan Rouhani said Iran needed to import gas eight years ago, but today the country is exporter of gas and diesel fuel.
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Iran’s oil production from southern fields up by 30% over past six months
Tehran, March 22, IRNA – Managing-Director of National Iranian South Oil Company Ahmad Mohammadi said on Monday that the company’s production has increased by 30% in the second half of the past Iranian year (ended on March 19).
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Iran Intl' Oil, Gas, Refining and Petrochemcal Exhibition
The 25th Iran International Oil, Gas, Refining & Petrochemical Exhibition opened in Tehran. The presence of famous foreign companies, as well as domestic producers and industrialists, provides a good opportunity for mutual cooperation. This Exhibition lasts until January 24, 2021, at the venue of the Tehran International Exhibition Center. Tehran, Iran. January 23, 2021. IRNA/ Ehsan Naderipour.
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Zanganeh lauds Iran's progress in oil exports
Tehran, Jan 11, IRNA – Iranian Petroleum Minister Bijan Zanganeh said on Monday that many capacities have been created in oil sector and Iran's progress in oil exports amid sanctions is not comparable with two years ago.
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Gas condensate storage of South Pars Phase 14 operational
Tehran, Dec 30, IRNA - Managing director of Pars Oil and Gas Company Mohammad Meshkinfam said on Wednesday that gas condensate storage of South Pars Phase 14 were put into operation.
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Iran needs no permissions to return to oil market, minister says
Tehran, Dec 14, IRNA – Iranian Petroleum Minister Bijan Zangeneh said on Monday that Iran will not seek the permission of others to return to oil market because it believes it has right to do so.
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Iran to augment oil, gas exports by building energy complex
Ahvaz, Nov 22, IRNA - A senior official in the southwestern province of Khuzestan believes that oil and gas exports will increase by building energy complexes in the province having great industrial capacities.
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Iran to apply modern technology for recovery of oil fields : Minister
Tehran, Sept 21, IRNA – Iran’s Minister of Petroleum said on Monday that Iran will apply modern technology for recovery of oil and gas fields.
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Iran adopting action plan to protect sea environment from oil pollution
Tehran, Sept 7, IRNA – Iran decided to adopt an action plan to cut oil pollution at sea, Deputy for Marine and Wetlands of Department of Environment of Iran Ahmadreza Lahijanzadeh said on Sunday.
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$10 billion investments made in oil, petrochemical industries over past five months
Tehran, Sept 1, IRNA – Some dlrs 10 billion investments have been made in oil and petrochemical industries over the past five months since the beginning of the current Iranian year (started on March 21, 2020), Oil Ministry said on Tuesday.
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Official: PGSOC bypasses sanctions by relying on domestic potentials
Bandar Abbas, Aug 20, IRNA – Commercial manager of Persian Gulf Star Oil Company in line with reducing the impact of cruel sanctions on Iran has taken the approach of supplying materials, parts and equipment which are required for taking advantage of domestic producers.
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Oil minister derides US for fabricated seizure of Iranian tankers
Tehran, Aug 18, IRNA - Iran Petroleum Minister Bijan Zangeneh on Tuesday derided the US over fabricated seizure of Iranian oil tankers, saying Washington aims to "produce a victory for itself."
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Zangeneh: Iran ahead of neighbors in joint oilfields
Tehran, August 17, IRNA – Iranian Petroleum Minister Bijan Zangeneh said on Monday that Iran is ahead of its neighbors in producing crude from joint oil and gas fields.
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Iran set to supply oil at energy bourse
Tehran, August 11, IRNA – President Hassan Rouhani said on Tuesday that the Iranian government has a plan to supply oil in the energy bourse so that the traders can trade oil in the domestic market.
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Iran expected to produce 2.7bn more barrels of oil from shared Azadegan Field: Minister
Tehran, July 20, IRNA – With 10% improvement in recovery of the shared field of South Azadegan, Iran is expected to produce some 2.7 billion more barrels of oil amounted to dlrs one trillion, Petroleum Minister Bijan Zangeneh said on Monday.
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Iran to continue oil production, not to give up: Oil minister
Tehran, July 11, IRNA – Oil Minister Bijan Zangeneh said on Saturday that increasing oil production capacity is vital and strategic for Iran, and it will never bring it to a halt.