Oil Industry
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Zangeneh promises new gas output record in near future
TEHRAN, Jan. 26 (MNA) – Iranian Minister of Petroleum Bijan Zangeneh said the country would soon break the record of production of 1,000 million cubic meters of gas per day.
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85% of required oil industry equipment produced in Iran
TEHRAN, Jan. 23 (MNA) – Iranian manufacturers and companies are now supplying 85% of the oil industry equipment, said the chairmen of the board of directors of the Iranian Oil Industry Equipment Manufacturers Association.
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Local company lunches first PIMS in Iran’s oil industry
TEHRAN, Jan. 22 (MNA) – The Iranian Offshore Oil Company (IOOC) has successfully launched its first pipeline integrity management system (PIMS) in the Iranian oil industry.
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Major energy expo underway on Kish Island
TEHRAN, Jan. 21 (MNA) – The 16th International Energy Exhibition, Iran’s second most important energy event, is currently underway on Kish Island off the southern coast of Iran in the Persian Gulf.
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Pars Petchem Plant aims to shatter its output record by year end
TEHRAN, Jan. 19 (MNA) – Pars Petrochemical Complex announced it would beat its production record by the end of the current Iranian calendar year [to end on March 20].
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North Azadegan oil output hits 100 mb
TEHRAN, Jan. 19 (MNA) – Iran’s crude oil production at North Azadegan Joint Oilfield has reached 100 million barrels since 2016.
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Iranian knowledge-based firms to attend Oman energy show
TEHRAN, Jan. 15 (MNA) – Iranian knowledge-based companies will be setting up a pavilion at the 17th Oman Petroleum & Energy Show (OPES) in March.
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Azar joint oil field soon to hit full productivity
TEHRAN, Jan. 13 (MNA) – The operator of Azar Joint Field Development Project in western Iran said several sections of the central processing unit of the project were about to start early production, bringing the field’s output to the planned level.
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NISOC obtains know-how to produce drilling bits
TEHRAN, Jan. 10 (MNA) – National Iranian South Oil Company (NISOC) has localized the technology of producing drilling bits without the need to rely on reverse engineering, said NISOC CEO, Ahmad Mohammadi.
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President Rouhani pays visit to exhibition on petchem industry achievements
TEHRAN, Dec. 30 (MNA) – Iranian President Hassan Rouhani paid a visit on Monday to an exhibition held in Tehran that showcases the latest achievements of the country in the petrochemical industry.
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Jam petchem plant breaks output record
TEHRAN, Dec. 28 (MNA) – Jam Polypropylene Company has set a new production record in the first 8 months of the current calendar year, which began on March 21.
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NIDC drills 88 wells in 9 months
TEHRAN, Dec. 27 (MNA) – The National Iranian Drilling Company (NIDC) has successfully completed drilling operations on 88 oil and gas wells over the first 9 months of the current calendar year, which began on March 21.
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Oil Ministry sets up new initiative to back domestic manufacturers
TEHRAN, Dec. 16 (MNA) – Iranian Oil Ministry has set up a new initiative to support domestic manufacturers by guaranteeing purchase of their quality items needed in the petroleum industry.
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Petropars to develop Farzad B gas field: Zangeneh
TEHRAN, Dec. 16 (MNA) – Minister of Petroleum Bijan Zangeneh said the Iranian oil company Patropars was awarded the engineering, exploration and basic design sections of Farzad B Gas Field Development Project.
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Gachsaran Co. inks 54 deals for domestic production of oil industry items
TEHRAN, Dec. 15 (MNA) – Gachsaran Oil and Gas Production Company (GOGPC) has signed 54 deals with local manufacturers for production of oil industry items and parts.
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Local universities to coop. with NIOC in research projects
TEHRAN, Dec. 15 (MNA) – The National Iranian Oil Company (NIOC) has signed two contracts with Sahand and Tabriz universities of technology on geological studies of the west and northwestern Iran.
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Tondgouyan petchem plant hits 23% increase in 8-month output
TEHRAN, Dec. 13 (MNA) – The output of Tondgouyan Petrochemical Plant has broken a new record in the first 8.5 months of the current calendar year (since March 21), growing 23% year-on-year.
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OPEC decisions in 177th meeting announced
TEHRAN, Dec. 06 (MNA) – Iranian Oil Ministry's news agency Shana has published five key decisions of the 177th OPEC meeting which was held in Vienna on Thursday.
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Iran will never back down on its right to produce, export oil: Gharibadabi
TEHRAN, Dec. 06 (MNA) – Iran's permanent envoy to Vienna-based international organizations, Kazem Gharibabadi said that Tehran will never back down on its right to produce and export oil after the unilateral sanctions are lifted.
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We would never forfeit Iranian nation's rights: Zangeneh
TEHRAN, Dec. 05 (MNA) – Iranian Minister of Petroleum Bijan Zangeneh said he and his team would never give up on the Iranian nation’s rights regarding the country's share of oil sales in the global market.
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RIPI to host petroleum startup event in December
TEHRAN, Dec. 03 (MNA) – The Research Institute of Petroleum Industry (RIPI) is to host the first startup event for university students for the Iranian Oil Ministry in December.
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NIDC drills 110,000 meters of oil, gas wells in 8 months
TEHRAN, Dec. 02 (MNA) – The National Iranian Drilling Company (NIDC) has drilled 111,000 meters of oil and gas wells since March 2019.
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VIDEO: Trump tells US troops to "keep the oil"
TEHRAN, Nov. 29 (MNA) – Speaking to the US marines on a recent unauthorized trip to Afghanistan, President Donald Trump said that the US troops will remain in the region to "keep the oil".
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Offshore section of SP14 complete by December
TEHRAN, Nov. 27 (MNA) – The operator of phase 14 development project of the South Pars gas field said the offshore section of the project would be complete by December.
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150 knowledge-based firms in oil equipment industries set up in sanctions period
TEHRAN, Nov. 18 (MNA) – Chairman of the Board of Directors of Iranian Association of Manufacturers of Oil Industry Equipment Sirous Talari said that a number of 150 knowledge-based companies were set up in sanctions period.
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By: Mohammad Ghaderi
When the US smells out oil in Lebanon: New destination for oil robbery
TEHRAN, Nov. 16 (MNA) – A review of the protests and political upheavals in Lebanon coupled with a pretension by officials in Washington that the US is concerned about the situation in Lebanon send important messages.
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US stealing Syria's oil, its regime akin to Nazis: Bashar Assad
TEHRAN, Nov. 14 (MNA) – Syrian President Bashar al-Assad stated Thursday that the US regime was akin to Nazi Germany as the country is just stealing oil from Syria.
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NIOC to offer 6mb of crude, gas condensate at IRENEX next week
TEHRAN, Nov. 14 (MNA) – The National Iranian Oil Company (NIOC) has planned to put for sale 6 million barrels of crude oil and gas condensate on the Iran Energy Exchange (IRENEX) next week.
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US seeks formation of illegal Quasi-State in Eastern Syria: Lavrov
TEHRAN, Nov. 12 (MNA) – The United States is looking to illegally separate territories on the eastern bank of the Euphrates and to create a separate, illegal quasi-state there, Russian Foreign Minister Sergei Lavrov has said.
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By: Omid Shokri
Risks and advantages of selling Aramco stocks
TEHRAN, Nov. 11 (MNA) – The Saudi government plans to sell 2% of state oil giant Aramco in a domestic listing on December 11, but restrictions on future share sales mean an international IPO is ruled out for at least a year.