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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January 09,2022Iran has the infrastructure for increasing gas import and swap with neighboring countries to 40 million cubic meters per day, or 15 billion cubic meters per year, the oil minister said. Javad Owji... -
January 03,2022The natural gas swap deal between Iran and Turkmenistan has become operational. Iran’s Oil Ministry has announced that the gas swap agreement for up to 2 billion cubic meters per year took effect...
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December 26,2021The steel sector accounts for 5% of Iran’s daily natural gas consumption of 800 million cubic meters that is negligible compared to the industry’s revenue-generating potential, the Oil Ministry's...
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December 24,2021MAPNA Group has been tasked with the development of Shourijeh natural gas storage facility in the northeastern Khorasan Razavi Province by the Iran Gas Engineering and Development Company. “The...
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December 21,2021Iran’s total gas production capacity will increase by 130 million cubic meters per day in the next Iranian year (March 2022-23), managing director of the National Iranian Oil Company said....
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December 21,2021Tehran’s Oil Tech Park, which is affiliated with the Oil Ministry, has signed four collaboration agreements with domestic technology entities to utilize their smart solutions in the conventional...
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December 20,2021Iran's recoverable oil reserves are estimated to be 100 billion barrels, of which 30% can be extracted, managing director of the National Iranian Oil Company said. “As long as we do not take...
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December 18,2021The executive operations of the project to recover flare gas have been launched at Zagros Petrochemical Company in Asalouyeh, Bushehr Province, on Thursday. Estimated to cost $3.37 million, the...
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November 22,2021Iran and Azerbaijan are expected to finalize a number of energy agreements, including the joint development of oilfields in the Caspian Sea. Oil Minister Javad Owji made the statement after...
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November 19,2021Iran's Oil Ministry has signed a collaboration agreement with the Vice Presidential Office for Science and Technology for the avowed goal of bridging the technological gap in the domestic...
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November 19,2021With the decline in temperature across Iran in the past few days, gas consumption in households has set a record high at the weekend, the oil minister said. “Domestic gas consumption surpassed 540...
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November 17,2021A transition to renewables is underway across the world to address climate change and natural gas as an indispensable part of the global energy mix, as it can play a key role to help the world...
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November 13,2021The National Iranian Gas Company has no plans to hike natural gas tariffs, but heavy consumers in the household sector will be imposed a surcharge as of Nov. 22, the oil minister said. “Heavy...
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November 03,2021The export of petroleum products, including liquefied natural gas, diesel and gasoline, that was temporarily halted in the past several weeks is expected to get back to normal soon, the oil...
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October 15,2021The Oil Ministry is to invest $4.5 billion for the development of the upstream gas sector in the Fars Province, the oil minister said on Thursday while visiting the southern province. “Fars, the...
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October 11,2021Daily gas consumption between Sept. 23 and Oct. 7 (the first two weeks of fall) increased by 30 million cubic meters compared with the same period of last year, the National Iranian Gas Company’s...
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October 05,2021Iran is ready to help solve the global energy crisis by exporting its oil and derivatives, the country’s oil minister said, adding that the American and European decision-makers should learn from...
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October 01,2021The National Iranian Gas Company is ready to renew its gas export contract with Iraq. Majid Chegeni, the managing director...
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September 22,2021The National Iranian Oil Company has prepared a long-term plan to attract foreign and domestic investments worth $145 billion over the next four years. Oil Minister Javad Owji made the statement...
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September 18,2021The development of oil and gas fields shared with neighboring states is a top priority, but unfortunately the Oil Ministry has long been grappling with financial constraints, a lawmaker from Fars...
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September 11,2021Raising the quality and output of oil refineries and building new refineries are on the agenda of the Oil Ministry to help increase Iran's oil refining capacity by 1.5 times in five years, the new...
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August 30,2021The National Iranian Oil Company needs investment worth $10 billion to refurbish the petroleum industry’s dilapidated equipment, an energy analyst said. “It will be next to impossible to raise oil...
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August 27,2021Strengthening Iran's position in OPEC and retaking its share in the global oil market is among the Oil Ministry’s priorities, new oil minister, Javad Owji, said on Thursday, the first day of his...
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August 23,2021President Ebrahim Raeisi said Iran is not concerned about finding customers for its oil and it has different options to continue the export of crude and oil derivatives. "There are no worries...
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August 22,2021The National Iranian Oil Company’s crude production has experienced a 37% increase in the first five months of the current fiscal year (March 21-Aug. 20) compared with the corresponding period of...
