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May 11,2018
In line with efforts to fast-track the development of oil and gas fields, Drilling Company International is set to play a key role in the development of five massive hydrocarbon reserves, managing...
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May 09,2018
The National Iranian Drilling Company, a subsidiary of the National Iranian Oil Company, has signed a memorandum of understanding with the Polish EXALO Drilling SA to cooperate in oil and gas...
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May 09,2018
Germany's Raschig and Iran's Research Institute of Petroleum Industry have signed a memorandum of understanding on gas sweetening towers.
This is while another German major industrial company,...
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May 09,2018
UK-based Dunlop Oil & Marine Ltd has signed a memorandum of understanding ...
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May 09,2018
Oil prices rose more than 3% on Wednesday, hitting 3-1/2-year highs, after US President Donald Trump abandoned a nuclear deal with Iran and announced the “highest level” of sanctions against the...
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May 08,2018
Preserving the current oil output level and making efforts to boost extraction from the country's massive hydrocarbon reserves top the lucrative oil industry's list of priorities.
President Hassan...
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May 06,2018
The 23rd Iran International Oil, Gas, Refining and Petrochemical Exhibition was inaugurated by Iran's Oil Minister Bijan Namdar Zanganeh in Tehran on Sunday.
In addition to Iranian companies, over...
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May 06,2018
As soon as maintenance operations in oilfields' installations are completed, the country's oil output can easily exceed 4.5 million barrels a day, chief executive officer of the National Iranian...
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May 04,2018
Oil Minister Bijan Namdar Zanganeh said the number of household gas subscribers in the country has increased by over 4.56 million in the past four years.
"Close to 3.14 million subscribers from...
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May 02,2018
The National Iranian Gas Company will resume gas supply to combined heat and power (CHP) plants as soon as they settle their unpaid debts, managing director of the company said.
“CHP plants’ dues...
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April 22,2018
While $80 oil seemed in the clouds just a year ago, it now looks primed for capture.
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April 18,2018
The Iranian Oil Pipeline and Telecommunications Company transferred over 5.8 billion liters of petroleum products to five northeastern provinces of the country in the last fiscal year (ended March...
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April 17,2018
Iran's hydrocarbon reserves will last 155 years. Houtan Salari, a deputy at the National Iranian Oil Company, made the statement on the sidelines of "Third Argus Iran LPG and Petrochemical...
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April 16,2018
Efforts are underway to end gas flaring in two oilfields in the southern province of Khuzestan in the coming months, a senior official at the National Iranian Oil Company said.
"The gas flaring in...
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April 08,2018
A comprehensive overhaul of the oil industry, including renovation of decades-old infrastructures, and investments are needed to develop oilfields and increase crude output.
However, Mohammad Reza...
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April 07,2018
An analysis of crude oil production in Iran shows that approximately $21 billion in capital expenditure...
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April 07,2018
International energy giants, which can bring investment and technology to the oil-rich Iran, are awaiting the United States’ decision on the Joint Comprehensive Plan of Action, Iran’s nuclear deal...
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November 03,2017
Iran sees the potential to raise its crude oil production capacity by more than 50% in the long...
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August 23,2017
Close to 780 million barrels of oil were exported from Iran’s largest oil loading and...
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August 19,2017
Moscow and Tehran may soon agree upon conditions for the sale of 100,000 barrels of...
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August 18,2017
Iran is ready to ramp up oil swap capacity after receiving the first batch of crude oil from...
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August 01,2017
Studies conducted by the National Iranian South Oil Company over the last four years show...
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July 12,2017
Iranian Oil Minister Bijan Namdar Zanganeh said the gas contract signed with Total will be a technological milestone...
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July 03,2017
Total S.A. signed a groundbreaking deal on Monday to develop Phase 11 of the South Pars...
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July 02,2017
Iran plans to sign a new contract to develop its giant South Pars Gas Field with France's Total on Monday