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 ....
-
September 16,2018The National Iranian Oil Company is set to assign the private sector with some 40 projects on curbing the flaring of associated petroleum gases from southern oilfields to be used in petrochemical... -
September 12,2018The National Iranian South Oil Company, a subsidiary of National Iranian Oil Company, has made 120 industrial and civil construction projects operational in the past 12 months, an official at the...
-
September 11,2018Although President Hassan Rouhani has granted permission to Oil Minister Bijan Namdar Zanganeh to sell oil with a discount, such a strategy cannot serve Iran's national interest, the country's...
-
September 10,2018The US oil output cannot replace Iranian crude in the international markets following sanctions imposed on Iran’s key sector that are due to take effect on Nov. 5, the Oil Ministry’s former deputy...
-
September 08,2018Focusing on energy swap operations in the Caspian Sea is much more cost-effective than extracting oil and gas from its deepwater hydrocarbon deposits. According to ISNA, although the National...
-
September 05,2018Oil prices fell on Wednesday as a tropical storm hitting the US Gulf Coast weakened and had a lower impact on production than initially expected. US West Texas Intermediate crude futures were at $...
-
August 28,2018The National Iranian Drilling Company is scrutinizing proposals presented by the Italian giant oil company Eni as well as Russia's Lukoil to undertake drilling projects in Iraq. Karam Ali Naderi,...
-
August 25,2018Iran’s Oil Ministry has banned the import of 84 oil equipment manufactured to support domestic parts makers, a ministry official said. Parviz Sangin added that the equipment, including wellhead...
-
August 20,2018A large crude carrier with a capacity of 50 million liters of diesel has docked at Chabahar’s Oil Terminal on the Sea of Oman, a senior official at the National Iranian Oil Production and...
-
August 14,2018A diesel hydrotreating unit, which is a part of the plan to raise production capacity and quality, is near completion at Bandar Abbas Oil Refinery in the southern Hormozgan Province, the refinery’s...
-
August 13,2018National Iranian Oil Company's reduction of official selling price for Asian buyers is not higher than the global market norms and is on par with trends followed by all producers, a company source...
-
August 11,2018The National Development Fund of Iran contributed $2.2 billion to help fund the Bid Boland Gas Refinery project in the city of Behbahan, Khuzestan Province, which the fund’s director says is nearly...
-
August 11,2018Experts of the National Iranian Oil Company have restored a dilapidated gas-powered turbine in Ahvaz pumping station, Khuzestan Province, which has boosted the transfer of crude oil to refineries...
-
August 10,2018Russia is committed to its domestic oil producers and it is a mistake to think that Moscow's current policy toward the oil market is a betrayal of Tehran's trust. Reza Modir, the Oil Ministry's...
-
August 08,2018Marun Oil and Gas Production Company said it has fully implemented its crude oil production plan in the first quarter of the current Iranian year (started March 21). “With the production of over...
-
August 07,2018The National Iranian South Oil Company has renovated three of its oil pumping stations to boost the transfer of crude to refineries and export terminals, the state-owned company’s managing director...
-
August 05,2018The construction of storage tanks at Goureh Oil Terminal in Bushehr Province is expected to become complete by the end of the current Iranian year (March 20, 2019). “Notwithstanding the...
-
August 04,2018The US State Department's efforts to reduce Tehran's oil revenue to zero will bear no fruit, Majlis Research Center's director said. "The country has its own traditional customers, namely China...
-
August 01,2018The National Iranian Oil Company is expected to sign two contracts, worth $1.2 billion, with domestic...
-
August 01,2018Crude oil production from the giant South Azadegan field near the Iraqi border will exceed 170,000 barrels per day by the end of the current fiscal year (March 20, 2019), the director of the field'...
-
July 31,2018Employing 73 offshore and onshore rigs, the state-owned National Iranian Drilling Company has drilled over 69,377 meters of oil and gas wells nationwide between March 21 and July 23, NIDC's deputy...
-
July 31,2018Iran said on Tuesday US President Donald Trump was mistaken to expect Saudi Arabia and other oil producers to compensate for supply losses caused by US sanctions on Iran, after OPEC production rose...
-
July 25,2018Oil Minister Bijan Namdar Zanganeh said the maximum use of Iranian manufacturers' capacity is a top priority, but the key sector "is not a place for trial and error". Zanganeh made the statement...
-
July 21,2018Operations are underway to increase oil production at North Yaran Oilfield in the southern Khuzestan Province. According to Shana, the Oil Ministry’s official news agency, as part of the plan to...
-
July 10,2018Iran’s capital market is not prepared for the launch of an oil bourse, as it needs to be connected with global markets and supported by the international banking system, a member of the Securities...
Pages
Today`s Top Stories
