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  • 1,100km Pipeline to Link Jask Port to Oil Terminal in Bushehr
    Construction of a 1,100km 42-inch diameter pipeline to transfer crude oil to the southeastern port of Jask in Hormozgan Province is going ahead as planned, managing director of the Petroleum...
  • 80% Industries Have Access to Piped Gas
    All industrial units are expected to be connected to the national gas grid by the end of 2021, head of the National Iranian Gas Company said Saturday. "There are close to 102,000 industrial units...
  • Call for Rewriting Oil Contracts
    New oil and gas projects cannot be developed under sanctions unless new contracts are designed, a senior energy analyst and former head of Iran's Petroleum Contracts Committee said. "Under the...
  • China Taking Iran Oil
    China’s still importing oil from Iran weeks after the US imposed sanctions aimed at halting sales of crude from the Persian Gulf nation.  
  • Iran Has Some Hope for Gas Deal With Pakistan
    Following the contract signed between Iran and Pakistan in 1999 to complete a gas pipeline to help address Pakistan’s electricity problems, Tehran has fulfilled its commitments regarding...
  • Connecting Baluchestan Cities, Power Plants to Gas Network
    Expanding the gas network in southeastern Sistan and Baluchestan Province is on the government agenda, the managing director of National Iranian Gas Company said. Work is underway to build and lay...
  • Yazd Gas Grid Expanding to Mountain Regions
    Gas supply to Yazd Province has been expedited and almost 90% of its small towns and villages are now connected to the national gas grid, managing director of the provincial gas company said. “All...
  • Sa’adatabad Oilfield Development Plan on Track
    Operations to increase output from Sa’adatabad Oilfield, in southern Fars Province, started Wednesday, with $18.7 million investment, managing director of the Central Iranian Oil Fields Company...
  • Export of Refined Products Can Help Skirt Sanctions
    Increasing crude oil refining capacity can be seen as a viable option to help evade US sanctions in the short term, says a senior consultant and manager for the Middle East oil research department...
  • Iran Oil Ministry Getting a Raw Deal
    The Oil Ministry is at the forefront of fighting the US sanctions, but some power circles criticize it under the name and banner of protecting national interest. Adding to the plight and pressure...
  • Iraq Private Sector Holds Energy Talks in Tehran
    The National Iranian Gas Company and its affiliates are capable of playing a role in Iraq's untapped natural gas market. Morteza Bahiyeh, head of Iraq's Babil Province Chamber of Commerce and...
  • Analyst: Censuring Oil Ministry Will Not Help
    So long as Tehran is grappling with the unending and hostile US economic sanctions, criticizing the government, especially the Oil Ministry and its subsidiaries, is not called for because it will...
  • South Pars Phase 14 Shares Progression Report
    To further boost output from South Pars Gas Field in the Persian Gulf, the third offshore deck of the field’s Phase 14 was installed on Saturday, the development manager of the phase said. “After...
  • Infrastructure Development to Boost Azadegan Crude Output
    Petroleum Engineering and Development Company (PEDEC) is developing the infrastructure to increase crude output from South Azadegan Oilfield in the oil-rich Khuzestan Province. According to IRNA,...
  • Dehloran Gas Processing Plant on Track
    NGL 3100, an under-development gas venture to collect and process associated petroleum gas from oilfields in Ilam and Dezful, will be fed with as much as 6 million cubic meters of gas per day, the...
  • Iran's South Pars Non-Oil Exports Rise 23%
    Non-oil exports from South Pars Gas Field off the Persian Gulf in the third month of the fiscal year (May 22-June 21) showed a 23% increase in volume compared with the same period of last year, the...
  • Sustainable Gas Supply to Northern Regions Assured
    To maintain sustainable gas supply to northern regions, the state-owned East Oil and Gas Production Company, a subsidiary of Iranian Central Oil Fields Company, is producing close to 63 million...
  • OPEC Compliance Declines
    OPEC's compliance with its production quotas fell sharply in June, as output gains in the month by Saudi Arabia and Nigeria, along with Iraq's, continued to flout their cap and shrank the bloc's...
  • Zanganeh: Using Oil as Weapon Will Harm All Oil Producers
    Iran has never been a threat to energy security, nor will it ever pose a risk to it, as insecurity in the region is against its national interests. Oil Minister Bijan Namdar Zanganeh made the...
  • Iran Energy Exchange Eases Oil Sales to Foreigners
    Foreign natural entities are allowed to place an order for crude oil offered in Iran Energy Exchange (IRENEX), a move to facilitate foreigners’ participation in Iran’s energy market.  According to...
  • OPEC Output Hits Five-Year Low
    OPEC oil output sank to a new five-year low in June as a rise in Saudi supply did not offset losses in Iran and Venezuela due to US sanctions and other outages elsewhere in the group, a Reuters...
  • Iran: High Time to End Budget Dependency on Oil Revenues
    Delinking current expenditures from oil revenues must be given high priority, the head of Energy Commission of Iran Chamber of Commerce, Industries, Mines and Agriculture said. "It is regrettable...
  • INSTEX Worthless Without Oil Import
    The European mechanism, known as the Instrument in Support of Trade Exchange (INSTEX), to shield the country’s trade from crippling US sanctions won’t be useful if it does not allow oil sales, Iran...
  • Brent, WTI Prices Surge as OPEC Extends Cuts
    The letter of association drawn up to clarify the terms of cooperation between OPEC and non-OPEC members is not binding and will not impact the half-a-century old organization. Oil Minister Bijan...
  • Zanganeh: OPEC Should Act Unitedly
    Members of the Organization of Petroleum Exporting Countries should hold consultations among themselves first on oil policy before striking deals with producers outside the bloc, Oil Minister Bijan...

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