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 ....
-
March 17,2019In delineating the performance of Iran Energy Exchange in the current fiscal that ends on March 20, managing director of IRENEX says the value of trade on the market has grown 100% in the current... -
March 18,2019Pipe laying to expand crude oil and derivatives supply is expected to be completed soon, chief executive officer of the National Iranian Oil Refining and Distribution Company said. "The 400-km...
-
March 17,2019The seventh crude oil auction on Iran Energy Exchange will kick off on Monday noon in what would be the last attempt by the National Iranian Oil Company to sell crude oil on the stock market in the...
-
March 13,2019State-owned National Iranian Oil Company has raised the official selling price differentials for all of its four crude oil grades loading in April and headed to Asia, a company source told S&P...
-
March 13,2019Iran has 184 oil and gas fields, and out of 380 reservoirs in them, 200 are undeveloped. Almost 42.4% of oil reservoirs and 10% of gas reservoirs have been depleted, said the director of integrated...
-
March 13,2019National Iranian Oil Company is discreetly scouring the globe for second-hand oil tankers to replace its ageing fleet and keep crucial crude exports flowing as US sanctions start to bite, Iranian...
-
March 12,2019Boosting liquefied petroleum gas export to international markets is a priority for the National Iranian Gas Company in 2019, the newly appointed head of the company said. "LPG output is on the...
-
March 11,2019Largely due to the abundance of oil and gas reserves, little if any importance is given in Iran to optimizing energy consumption. Iranians, especially profligate consumers in Tehran, use energy...
-
March 10,2019The National Iranian South Oil Company is to start production expansion and maintenance projects in areas where the Masjed Soleyman Oil and Gas Production Company is operating, the managing...
-
March 06,2019The National Iranian Oil Company will launch two new offers of crude oil and natural gas condensate on the Iran Energy Exchange before the calendar year is out on March 20. Amirhossein Tebianian...
-
March 04,2019As per its earlier announcement, the National Iranian Oil Company on Monday offered one million barrels of light crude oil on the Iran Energy Exchange (IRENEX) but there were no customers. At the...
-
February 26,2019The next round of crude oil offer on Iran Energy Exchange (IRENEX) will be made by the National Iranian Oil Company on March 4. Offer conditions are the same as the previous round with regard to...
-
February 25,2019Untapped hydrocarbon reserves are huge and encouraging the private sector to enter this key sector should be a priority. Seyyed Saleh Hendi, the head of National Iranian Oil Company's Exploration...
-
February 25,2019The National Iranian Drilling Company has drilled and repaired 123 onshore and offshore wells over the past 11 months, the company’s deputy managing director for drilling operations said Monday. "...
-
February 22,2019The National Iranian Oil Company's Exploration Department has discovered 73hydrocarbon fields during the last 40 years, of which 24 are shared with Arab neighbors, head of department said. "In-...
-
February 22,2019A top US official discussed this week South Korea’s crude oil imports from Iran and urged Seoul to accelerate its oil supply diversification, S&P Global Platts reported on Thursday, quoting a...
-
February 22,2019Japanese refiners are seeking clarity on whether there will be an extension to the 180-day sanctions waiver from Washington in March, as they hope to continue buying Iranian oil without any...
-
February 19,2019Lawmakers approved a proposal in the next (March 2019-20) budget bill that allows the Oil Ministry to issue $3 billion in Islamic bonds. According to the parliamentary news website ICANA, the...
-
February 18,2019The fifth round of crude oil offer on Iran Energy Exchange ended Monday with only one cargo (35,000 barrels) out of the one million offer sold on the stock market.
-
February 17,2019The National Iranian Drilling Company, a subsidiary of National Iranian Oil Company, has drilled 4,500 onshore and offshore oil and gas wells since inception in 1980, the company director said in...
-
February 17,2019Oil Minister Bijan Namdar Zanganeh said Sunday China National Petroleum Corporation (CNPC) is still ambivalent after substituting the French energy giant Total in the $4.8 billion South Pars gas...
-
February 17,2019Iranian lawmakers on Sunday approved an amendment to next year's (March 2019-20) budget bill obliging the Oil Ministry to offer on a monthly basis 2 million barrels of light crude on the Iran...
-
February 13,2019The National Iranian Oil Company published a notice Wednesday announcing the fifth round of crude oil sale on Iran Energy Exchange to launch on February 18. As per the notice published on the NIOC...
-
February 13,2019Iran's heavy crude oil gained $1.45 or 2.6% per barrel in January compared to December when it was traded at $54.84 per barrel. Iran Heavy, one of the country's main grades for export, settled at...
-
February 11,2019After the last two offers of crude oil on the Iran Energy Exchange (IRENEX) ending in vain, officials with the National Iranian Oil Company and capital market say they are determined to continue...
Pages
