Iran Oil and Gas News
Trusted local source for getting the latest news about Iran oil and gas industries, including prices, export and output data, Iran petro contracts ....
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June 17,2023Iran's crude oil output and exports have hit new highs in 2023 despite US sanctions, according to consultants, shipping data and a source familiar with the matter, which will add to global supply... -
June 09,2023Upon the completion of projects to supply gas to villages in Qotour rural district in Khoy County, West Azarbaijan Province, by March 2024, about 86% of rural regions in the area will be connected...
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May 31,2023Iran will sign a gas contract with Turkmenistan and import 10 million cubic meters per day later this month, the oil minister said on Tuesday. Javad Owji made the announcement after meeting Batyr...
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May 24,2023The National Iranian Oil Company paid $80 billion in fuel subsidies in 2022, approximately twice its oil revenues in the same year. According to data from the National Iranian Oil Refining and...
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May 22,2023Pars Oil and Gas Company was assigned by the National Iranian Oil Company to complete the second phase of a plan to develop the South Pars Gas Field’s oil layer in the Persian Gulf, the managing...
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May 21,2023Operations to develop the Farzad B Gas Field in the Persian Gulf have started, the managing director of the National Iranian Oil Company said. “The first phase of the development plan that entails...
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May 20,2023The National Iranian Gas Company raised its natural gas exports in 2022 by 17%, the managing director of Iranian Gas Transmission Company said. “The state-run company’s exports reached 17 billion...
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May 20,2023A total of $740 million will be allocated to indigenize turbo compressors and turbines used in the oil industry, the managing director of the National Iranian Oil Company said. Mohsen Khojstehmehr...
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May 17,2023In the last Iranian year (March 2022-23), $12 billion worth of oil, gas and petrochemical projects were launched and this year about $15 billion worth of oil and gas projects will be inaugurated...
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May 16,2023Sixteen exploration blocks have been unveiled by the managing director of the National Iranian Oil Company.
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May 14,2023Tehran and Baghdad have agreed to extend the contracts on Iran’s gas exports to Iraq, the Iranian oil minister said. “The two deals on exporting Iran’s gas to Baghdad and Basra power plants will...
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May 14,2023The 27th International Oil, Gas, Refining and Petrochemical Exhibition, dubbed Iran Oil Show, will be held on May 17-20 at Tehran’s Permanent Fairground, an Oil Ministry spokesman said. “The...
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May 09,2023Local startups are capable of reducing the effects of corrosion in the oil industry by at least 20% over the next five years, the head of the Oil Industry Technology and Innovation Park said. “The...
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May 01,2023A total of 50 billion liters of crude oil and petroleum products were transferred via pipelines from Tehran to northern regions, namely Gilan and Mazandaran provinces in the last fiscal year (March...
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April 16,2023Iran and Venezuela have signed new memorandums of understanding to expand bilateral cooperation in oil and gas industry. Iranian Oil Minister Javad Owji and his Venezuelan counterpart Pedro Rafael...
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February 08,2023Iran's gas export to Iraq, which was halted for about two weeks, has been resumed, the head of dispatching operations at the National Iranian Gas Company said. “The halt of export to the...
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February 01,2023Natural gas exports to Iraq and Turkey has reduced by 46 million cubic meters per day, said Hamid Hosseini, the head of board of directors at Iranian Oil, Gas and Petrochemical Products Exporters’...
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January 24,2023The National Iranian Oil Company is projected to sell 1.4 million barrels per day of crude oil at $85 as per the budget law of next Iranian year (March 2023-24), partly by using a barter system....
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January 16,2023As long as the Financial Action Task Force, the global anti-money laundering watchdog, does not remove Iran from its blacklist, the country cannot have a say in the global oil and gas markets, an...
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December 16,2022Iran’s gas consumption in the domestic and commercial sectors is predicted to reach 650 million cubic meters per day in the first month of winter (Dec. 22, 2022-Jan. 20, 2023), the head of the...
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December 11,2022Iran has more than 33 trillion cubic meters of proven gas reserves, accounting for 16.6% of the world’s total. This makes it the world’s second biggest after Russia. For this precise reason it...
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October 26,2022As long as Iran does not establish good relations with the international community, increasing natural gas export capacity will remain a dream, a former deputy oil minister for international and...
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October 14,2022Tehran and Ankara have started the first phase of negotiations to renew a natural gas contract that expires in 2026, the head of dispatching operations at the National Iranian Gas Company said. “...
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October 10,2022Russian gas producer Gazprom is devising a comprehensive plan to develop six oilfields and two gas fields in Iran, and expects to sign contracts by the end of the current Iranian year (March 2023...
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October 09,2022The export of natural gas to Europe via pipelines is wishful thinking, as neither Russia nor the US will allow Iran to enter such a lucrative market, the former managing director of National...
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