Oil Industry

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  • نفت گاز 2017-02-19 21:45

    Iran's heavy crude surpasses light crude in price

    TEHRAN, Feb. 19 (MNA) – For the first time in 2017, each barrel of Iran’s heavy crude was priced higher than the county’s light crude in global markets.

  • نفت گاز علی کاردر 2017-02-19 16:24

    Oil output to reach 4mn bpd by mid-April

    TEHRAN, Feb. 19 (MNA) – NIOC MD estimated that volume of Iran’s crude production will climb to four million barrels per day (bpd) early into the new Iranian calendar year (to begin March 21).

  • گردشگری صنعتی  پارس جنوبی نفت و گاز 2017-02-19 11:02

    Iran to attend Oman Downstream Expo

    TEHRAN, Feb. 19 (MNA) – Iranian downstream knowledge-based companies active in the fields of oil and gas will take part in the 2nd Oman Downstream Exhibition & Conference in March 2017.

  • shale 2017-02-19 09:39

    US shale gas no menace to Iran's petchem industry

    TEHRAN, Feb. 19 (MNA) – Deputy Iranian oil minister said American shale gas cannot be deemed a threat to development of Iran’s petrochemical industry for at least a decade.

  • storage tank 2017-02-18 15:28

    Crude storage capacity flies up

    TEHRAN, Feb. 18 (MNA) – IOTC managing director said storage duration in Iranian crude oil terminals has climbed to 15 days.

  • نفت گاز نفتکش 2017-02-16 00:08

    Iran deploys naphtha cargo to Japan

    TEHRAN, Feb. 15 (MNA) – The second naphtha cargo produced at Setareh Khalij Fars Refinery has been shipped to Japan.

  • بیژن نامدار زنگنه وزیر نفت 2017-02-15 13:34

    Oil min.:

    Iran to react if Total divulges South Pars data

    TEHRAN, Feb. 15 (MNA) – Oil Minister Zanganeh said Total will need to pay compensation if it becomes certified that the French company has disclosed Iran’s South Pars data to Qatar.

  • بیژن نامدار زنگنه وزیر نفت 2017-02-14 20:02

    No gas import from March: Oil Minister

    TEHRAN, Feb. 14 (MNA) – Iran’s oil minister told the media on Tuesday that with completion of the 1st phase of Setareh Khalij Fars Refinery, Iran will stop importing gasoline from March.

  • نفت گاز پتروشیمی 2017-02-14 15:39

    Russia given 6 months to finish study on Changuleh Oilfield

    TEHRAN, Feb. 14 (MNA) – An Iranian official announced the signing of a confidentiality agreement with Russia’s Gazprom on conducting a study concerning the development of the Changuleh oil field in western Iran.

  • gas 2017-02-13 19:13

    NIOC discovers 13 new oil, gas fields

    TEHRAN, Feb. 13 (MNA) – An NIOC official said 13 new oil and gas fields have been discovered which contain 6.5 billion barrels of oil and about 62 trillion cubic feet of gas.

  • پرچم سوئد 2017-02-12 11:46

    Tehran makes gas proposal to Stockholm

    TEHRAN, Feb. 12 (MNA) – Petroleum Minister Zanganeh has offered Swedish companies to produce CNG-based bus engines in Iran.

  • oil 2017-02-12 09:14

    Daily oil revenues up by $30mn

    TEHRAN, Feb. 12 (MNA) – Deputy oil minister, while pointing to Iran’s talks with OPEC members on reaching equilibrium in the market, said Vienna freeze deal has lifted the country’s daily crude income by 30 million dollars.

  • نفت گاز 2017-02-11 20:57

    Iranian crude price hits unprecedented level

    TEHRAN, Feb. 11 (MNA) – In the time with the cap on oil output of OPEC and non-OPEC producers, price per barrel for Iran’s light crude has reached the record high level of 53 dollars.

  • نفت گاز 2017-02-11 16:27

    First FPSO vessel arrives in Persian Gulf

    TEHRAN, Feb. 11 (MNA) – An official has reported on arrival of the first Floating Production, Storage and Offloading (FPSO) unit in the Persian Gulf to develop first phase of South Pars oil layer.

  • نفت گاز پتروناس 2017-02-11 08:43

    Malaysia to develop 2 Iranian gas fields

    TEHRAN, Feb. 11 (MNA) – National Iranian Oil Company (NIOC) has signed an MoU with Malaysian BIV for conducting development studies on two Iranian gas fields.

  • گردشگری صنعتی  پارس جنوبی نفت و گاز 2017-02-10 19:02

    Oil storage capacity up by 10mn barrels

    TEHRAN, Feb. 10 (MNA) – IOTC head has reported on inauguration of the project to lift Iran’s crude oil storage capacity by 10 million barrels in the Persian Gulf.

  • مجید تخت روانچی 2017-02-09 15:28

    Europe, Iran enjoy good coop.  

    TEHRAN, Feb. 09 (MNA) – The Iranian Deputy Foreign Minister for European and American Affairs Majid Takht-Ravanchi, who is visiting the Netherlands, addressed The Hague Center for Strategic Studies (HCSS) on Wednesday.

  • oil 2017-02-08 09:23

    Oil min.:

    Iran sees no barriers to oil talks with Riyadh

    TEHRAN, Feb. 08 (MNA) – Iranian Oil Minister Zanganeh, while emphasizing that Iran assumed no barrier to talks with Saudi Arabia on oil market issues, said bilateral talks will continue within framework of national and mutual interests.

  • نفت گاز 2017-02-07 14:15

    Venezuelan FM, oil min. in Tehran for boosting ties

    TEHRAN, Feb. 07 (MNA) – Deputy Iranian oil minister said Venezuelan oil and foreign ministers arrived in Tehran on Tuesday evening for Tehran-Caracas new oil talks to kick off in two days.

  • Iran oil.313.jpg 2017-02-04 15:25

    NIOC discovers new 15bn-barrel reserve

    TEHRAN, Feb. 04 (MNA) – NIOC’s Ali Kardor has announced the discovery of mammoth oil reserve which contains 15 billion barrels of crude.

  • نفت گاز 2017-02-02 14:51

    Iran begins drilling 20 new wells in joint oilfield with Iraq

    TEHRAN, Feb. 02 (MNA) – An official announced Thursday the start of a project on drilling 20 new development wells in Azadegan oilfield as the largest joint oilfield of Iran and Iraq.  

  • Oil revenue 2017-01-30 22:00

    Oil min.:

    Producers satisfied with crude prices at $55-60

    TEHRAN, Jan. 30 (MNA) – Iranian oil minister, while noting that producers were satisfied with 55 to 60 dollars per barrel as oil prices, estimated that the figure will be stabilized at around $55 in 2017.

  • نفت گاز 2017-01-25 16:48

    Iran ready to boost coop. with US oil giants

    TEHRAN, Jan. 25 (MNA) – Deputy oil minister, while emphasizing that no barriers exist for oil collaboration between Iranian and American oil firms, said post-JCPOA paved the path for presence of USA in Iran.

  • نفت گاز 2017-01-24 09:59

    Crude output to rise by 15k bpd

    TEHRAN, Jan. 24 (MNA) – An oil official has announced that implementation of two new desalination plants in southern oil-rich regions will lift Iran’s oil production capacity by 15 thousand barrels per day.

  • OPEC.jpg 2017-01-22 21:33

    Iran to realize OPEC-designated production quota

    TEHRAN, Jan. 22 (MNA) – NIOC deputy head said Iran’s daily crude output was approaching the 90-thousand-barrel rise as agreed by the 171st OPEC Meeting in Vienna.

  • محسنی اژه ای 2017-01-22 14:32

    Judiciary spox.:

    Zanjani notified with his death penalty verdict

    THERAN, Jan. 22 (MNA) – Judiciary spokesperson has said the appeal court has overturned the primary court verdict of death penalty for second and third defendants in Zanjani’s case.

  • نفت گاز پتروشیمی 2017-01-22 14:05

    Iran to stop flaring in western oilfields

    TEHRAN, Jan. 22 (MNA) – OIEC head, while pointing to construction of units to collect associated gas from west Iranian oil drilling sites, said the project will alleviate the need for flaring in four oil fields within three years.

  • Economy 2017-01-21 11:59

    By: Maryam Azish

    Bright prospects for Iranian economy

    TEHRAN, Jan. 21 (MNA) – Following the removal of unjust sanctions as part of a nuclear agreement with the six major world powers, which had negatively affected economy over the past decade, Iran's economy is on a flourishing trend these days.

  • نفت گاز 2017-01-18 15:45

    EU lifts sanctions on 3 Iranian companies

    TEHRAN, Jan. 18 (MNA) – Concurrent with the anniversary of the implementation of Iran nuclear deal, the European Union has removed three Iranian companies from the sanctions list, including OPIC and West Sun Trade.

  • نفت گاز 2017-01-17 22:55

    Sri Lanka after Iran’s oil technology

    TEHRAN, Jan. 17 (MNA) – Visiting Sri Lankan Minister of Technology and Research Susil Premajayantha visited the Research Institute of Petroleum Industry of Iran in a bid for technological cooperation agreements with Iran.