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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May 28,2022Trade in the Iran Energy Exchange (IRENEX) reached 1,480 trillion rials ($4.9 billion) in the last fiscal year that ended on March 20. According to Ali Naqavi, managing director of IRENEX, this... -
May 23,2022By using cutting-edge technologies of startups, it is possible to enhance oil and gas output capacity from hydrocarbon reserves in abandoned wells, the head of the Oil Industry Technology and...
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May 22,2022Iran has agreed to revive a long-stalled project to lay an undersea pipeline to carry gas to Oman. The country sits on one of the world’s largest gas reserves that Oman has been eying, as it hopes...
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May 18,2022Iran is ready to start gas swap with Turkmenistan to increase gas exports to Armenia, Oil Minister Javad Owji said. In a meeting with Armenian Minister of Territorial Administration and...
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May 16,2022The National Iranian Oil Company plans to sign a $7.5-billion contract on the development of joint fields with a consortium of domestic companies, managing director of NIOC said. “The imminent...
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May 09,2022Iraq has reached new agreements with Iran to increase natural gas import, the spokesman of Iraq’s Ministry of Electricity said. “Iran has agreed to increase gas supply to Iraq from 8 million cubic...
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May 08,2022Iran Gas Engineering and Development Company has completed pipe-laying operations to transfer natural gas from Zahedan to Zabol in southeastern Sistan-Baluchestan Province, managing director of the...
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May 06,2022Subsea pipe-laying operations are underway to connect the Persian Gulf’s largest island, Qeshm, to the national gas grid, managing director of Iran Gas Engineering and Development Company said. “...
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April 10,2022The state-run National Iranian Gas Company injected close to 256 billion cubic meters of gas into the Iran Gas Trunkline (IGAT) in the last fiscal year that ended on March 20, 2022, the head of...
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April 02,2022Attracting domestic and foreign investments for the development of upstream oil and gas sectors tops the Oil Ministry’s priority list, as it is essential to ensure the security and supply of energy...
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February 06,2022Attracting foreign and domestic investments to develop oil and gas fields is among main priorities of the National Iranian Oil Company, as it will secure energy supply in the future, the oil...
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February 04,2022The National Iranian Oil Company is ready to return to the global crude oil market as quickly as possible, the oil minister said. “International market needs more Iranian oil, which can help push...
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February 02,2022Exporting gas through pipelines can help strengthen ties between countries, as the resulting interdependence helps establish better relations with neighboring states, said the deputy director for...
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January 19,2022Tehran is ready to expand cooperation with Russian firms in the fields of oil and natural gas, as energy contracts are expected to be signed soon. Iran’s Oil Minister Javad Owji made the statement...
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January 18,2022Iran and Romania have signed a memorandum of understanding, based on which Iran will export technical and engineering services to Romania’s gas sector. The MoU is the first of its kind for Iran...
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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...
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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 19,2021With 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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