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 ....
October 13, 2019 17:29
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October 20,2019Gas production at one of the platforms of the giant South Pars Gas Field off the Persian Gulf, which had been damaged, has been fully repaired, the operations manager of Pars Oil and Gas Company... -
October 19,2019The OPEC+ group of oil producers will need to make deeper output cuts when they meet in December. That is the inescapable conclusion from the latest round of monthly reports published by the three... -
October 16,2019Expanding gas export via pipelines is not on the agenda for now but export of liquefied natural gas should be a distinct priority, a former secretary general of the Gas Exporting Countries Forum... -
October 15,2019The National Iranian Oil Company raised $700 million in revenues by selling oil and petroleum byproducts in the capital market in the past eight months, the managing director of the company said... -
October 13,2019A new gas field has been discovered in southern Fars Province after surveys that lasted a year, director of development and engineering affairs at the National Iranian Oil Company said Sunday.... -
October 12,2019Rates to charter oil tankers from the Persian Gulf, United Kingdom and the US Gulf Coast to Asia surged to fresh highs on Friday as global oil traders grappled with a tanker shortage in the... -
October 11,2019OPEC trimmed its forecast for oil demand growth for the third month in a row on Thursday, citing weaker-than-expected data in the Asia Pacific region as well as advanced economies in the Americas... -
October 11,2019The last offshore platform of South Pars Gas Field phases 22-24 was successfully loaded at Iran Marine Industrial Company, also known as SADRA, in Bushehr Province Thursday. With a capacity to... -
October 08,2019The oil industry has been a driving force for local upstream and downstream companies including private enterprise working for or related to oil in some form or fashion. Oil Minister Bijan Namdar... -
October 04,2019The secretaries general of the Organization of the Petroleum Exporting Countries and the Gas Exporting Countries Forum (GECF) signed a Memorandum of Understanding to strengthen cooperation in... -
October 02,2019Ecuador said Tuesday it will leave the Organization of Petroleum Exporting Countries in January. -
October 02,2019Unilateral sanctions against Iran's oil sector are yet another example of the belligerent US President Donald Trump’s economic terrorism against the Iranian people. Oil Minister Bijan Namdar... -
October 02,2019Natural gas projects worth an estimated $727 million are underway in Sistan-Baluchestan Province, head of Iranian Gas Engineering and Development Company said. "Connecting all cities in the... -
September 28,2019The Research Institute of Petroleum Industry is implementing several projects in the fields of oil exploration, drilling, extraction, catalyst production and energy saving, the head of RIPI said... -
September 27,2019Collecting all the flare gas in Khuzestan Province requires $3.5 billion of investment, the province’s governor said. Visiting Amir Kabir Petrochemical Company in the Petrochemical Economic... -
September 23,2019Selling gasoline via the Iran Energy Exchange on average generates $200 million a week, the managing director of IRENEX said. “Over the past seven weeks more than 100,000 tons of gasoline was... -
September 18,2019Daily gas production capacity in Khangiran Gas Field in Khorasan Razavi Province will increase by 2.5 million cubic meters in three months, managing director of the East Oil and Gas Production... -
September 16,2019Pipe laying work for the ninth Iran Gas Trunkline (IGAT-9) is over, director of District 7 of Iran’s Gas Transmission Company said. "The pipeline which had been extended from South Pars Gasfield... -
September 15,2019Domestic companies will start operations to develop Phase 11 of the South Pars Gas Field in the Persian Gulf in October, managing director of Pars Oil and Gas Company, a subsidiary of state-owned... -
September 14,2019Pars Oil and Gas Company, a subsidiary of the National Iranian Oil Company, signed a $440m contract Saturday with domestic company Petropars to develop Belal Gas Field in the Persian Gulf. The... -
September 13,2019Supplying natural gas to Europe via a pipeline from Turkey is on the National Iranian Gas Company's agenda, the CEO said. "The infrastructure is in place and talks are underway with private... -
September 13,2019Utility companies that offer electricity on the energy bourse will be eligible for 10% tax exemption, head of the Iran Energy Exchange said. Industrial units with electricity consumption of above... -
September 13,2019Crude oil futures were marginally lower during mid-morning trade in Asia Friday after an OPEC meeting on Thursday that saw no further cuts in crude production and bearish market reports on oil... -
September 06,2019In line with declared government policy to provide less-developed regions with natural gas, a thousand kilometers of gas pipelines will be laid for cities in Sistan-Baluchestan Province by 2021,... -
September 04,2019The Sixth Iran Gas Trunkline (IGAT-6)–a major element of the national gas grid – is to be inaugurated by President Hassan Rouhani soon, managing director of the National Iranian Gas Company said on...
