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 ....
November 12, 2018 19:07
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November 12,2018Close to one million barrels of oil have been sold on Iran Energy Exchange so far and plans are underway to continue the offers in the future, the head of international affairs at the National... -
November 12,2018Saudi Arabia is not preparing for a break up of OPEC and believes the group will remain the global central bank for oil for a long time, Saudi Energy Minister Khalid al Falih said on Monday. -
November 11,2018A majority of OPEC and allied oil exporters support a cut in the global supply of crude, Oman Oil Minister Mohammed bin Hamad al-Rumhi said on Sunday.
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November 11,2018The second offering of crude oil on Iran Energy Exchange saw booming business as traders purchased all the 700,000 barrels of Iranian light crude on offer. At 2:37 pm local time, three bids were... -
November 09,2018The National Iranian Oil Company says the next round offering light crude oil on the international ring of the Iran Energy Exchange will be held on Sunday (Nov. 11). A report on the company’s... -
November 09,2018Iran Oil Minister Bijan Namdar Zanganeh says the Joint Ministerial Monitoring Committee (JMMC) and Joint Technical Committee (JTC) in charge of monitoring a deal between OPEC and other oil... -
November 02,2018OPEC’s crude production climbed to the highest level since 2016 as increases by Saudi Arabia and Libya offset losses stemming from impending US sanctions on Iran. -
November 02,2018Oil prices seesawed on Friday as markets were lifted by hopes the United States and China may resolve their trade disputes soon, before being weighed down by a report Washington had granted several... -
October 31,2018Pipe laying work to connect South Pars Gasfield Phase 13 onshore refinery in Asalouyeh to the sixth and ninth Iran Gas Trunkline (IGAT 6 and 9) has been completed, the director of Phase 13... -
October 30,2018Pars Oil and Gas Company has launched butane storage tanks at phases 20 and 21 of the giant South Pars Gas Field in the Persian Gulf. According to Alireza Ebadi, operator of the project, two... -
October 27,2018Pars Oil and Gas Company has completed installing offshore platform 14C in the giant South Pars Gas Field in the Persian Gulf where sour gas extraction started on Saturday. According to Hamidreza... -
October 26,2018China’s government has told at least two of its state oil companies to avoid purchasing Iranian oil as the US prepares to impose sanctions on the Persian Gulf state, according to people with... -
October 26,2018OPEC's key technical committee is examining the oil market outlook for 2019 as the group tries to balance supply concerns from Iran and other vulnerable producers along with the possibility of a... -
October 23,2018Crude production from Khesht Oilfield in Fars Province will commence by the end of the current fiscal in March, said the head of the department that oversees the performance of reservoirs in the... -
October 20,2018Talks are underway to buy shares in refineries of other countries to help the country secure its international oil market share, National Iranian Oil Company's managing director said. "Buying... -
October 19,2018Terminating its contract to develop Iran's giant South Pars Gas Field Phase 11, the French energy company Total has submitted the project's tender and technical documents to its partner, China... -
October 16,2018Head of the National Iranian Oil Company said it will issue Islamic debt security Manfa’ah sukuk on the stock market by early next month. Ali Kardor was quoted as saying by state TV that the... -
October 14,2018Two onshore natural gas sweetening trains in Phases 13 as well as 22-24 of South Pars Gas Field in the Persian Gulf are ready to inject gas into the national grid, said the managing director of... -
October 09,2018BP and Serica Energy received a conditional license from US authorities to continue operating a North Sea gas field partly owned by a subsidiary of Iran's state-owned National Iranian Oil Company,... -
October 07,2018Three projects to connect 101 underprivileged areas in rural South Khorasan to the national gas grid have been completed, said the managing director of South Khorasan Gas Company. "The schemes,... -
October 06,2018A conceptual design to build an underwater gas pipeline from Iran to Pakistan and India has been prepared, said the deputy for development and engineering affairs at the National Iranian Oil... -
October 05,2018South Pars Gas Complex accounts for more than 71% of Iran’s total gas production, the managing director of South Pars Gas Complex said. “Close to 650,000 barrels of gas condensate per day is... -
October 05,2018Iran has the capacity, ability and infrastructure to play a bigger role in regional and global natural gas markets. Hamidreza Araqi, the head of National Iranian Gas Company, made the statement at... -
October 01,2018Denying reports about curbing oil output, Ali Kardor the CEO of the National Iranian Oil Company says Iran has no plans to cut production and NIOC is pumping as before. -
September 28,2018Topsides of 13B main platform and 13D satellite platform of the South Pars Gas Field were loaded at Iran Marine Industrial Company (also known as SADRA) in the northwest of Persian Gulf. Payam...
