Oil Ministry

106% rise in operating income of Shiraz Petchem Plant

TEHRAN, Oct. 25 (MNA) – Shiraz Petrochemical Company announced its operating income in the first half of the current calendar year of 1400 (which began on March 21) to be 53,000 billion rials, up 106% year-on-year.
2021-10-25 16:40
Russian companies willing to invest in Iran's gas industry

TEHRAN, Oct. 04 (MNA) – A group of Russian state-owned oil and gas companies met with Iran's Deputy Minister of Oil expressing their willingness to invest in Iran's gas industry.
2021-10-04 18:45
Iran Oil Ministry’s national projects go on stream

TEHRAN, Jul. 22 (MNA) – The national projects of the Iranian Oil Ministry were put into operation on Thursday in the presence of Iranian President Hassan Rouhani through video conference.
2021-07-22 14:00
Gas supply projects in 6 provinces inaugurated

TEHRAN, Jun. 24 (MNA) – In a ceremony on Thursday with the participation of President Hassan Rouhani, gas supply projects to six Iranian provinces were inaugurated.
2021-06-24 12:06
Iran ready to increase gas exports to Iraq: Oil minister

TEHRAN, May 29 (MNA) – The Iranian Oil Minister Bijan Zangeneh has told a visiting Iraqi delegation led by Finance Minister Ali Abdul-Amir Allawi that Iran is ready to increase gas exports to Iraq, hoping that Iraq will settle unpaid debts soon.
2021-05-29 20:06
Iran becomes self-sufficient in benzene production

TEHRAN, Apr. 25 (MNA) – Iranian petrochemical companies now fully meet the domestic need for benzene and the imports of the chemical product will stop from now on, according to an Oil Ministry's statement on Sunday.
2021-04-25 22:00
Iranian firms awarded €165m deals to capture flared gas

TEHRAN, Apr. 05 (MNA) – Persian Gulf Bidboland Gas Refinery has signed three contracts valued at a total of €165 million with local firms for the manufacture of a plant to capture flared gas and convert it into usable fuel.
2021-04-05 13:15
NIOC inks major oil research deals with local universities

TEHRAN, Sep. 21 (MNA) – The National Iranian Oil Company (NIOC) has signed 13 major oil and gas extraction research contracts with Iranian universities and research centers.
2020-09-21 15:03
Iran's Oil Ministry explains outcome of NIGC complaint against Turkmengaz

TEHRAN, Jun. 29 (MNA) – The General Directorate of Public Relations of Iran’s Oil Ministry has explained the outcome of the International Court of Arbitration’s ruling regarding the dispute between the National Iranian Gas Company (NIGC) and Turkmengaz.
2020-06-29 23:00
Iran plans to hike propylene output to 3mn tons per annum

TEHRAN, Jun. 22 (MNA) – Iran’s deputy oil minister for petrochemical affairs said the country’s propylene output is set to reach 3 million tons per year once new projects come online in the country.
2020-06-22 08:56
Petchem production capacity to increase 35% in current year: official

TEHRAN, Jun. 03 (MNA) – The Deputy Oil Minister for Petrochemical Affairs Behzad Mohammadi said that the operation of 16 petrochemical projects in the current year will increase the production capacity of the petrochemical industry by 35 percent at large.
2020-06-03 17:12
Iran eyes 100mn-ton petchem output till March 2021: Zanganeh

TEHRAN, May 27 (MNA) – Iranian Oil Minister Bijan Namdar Zanganeh said the country’s petrochemical production capacity is planned to cross 100 million tons per year by the end of the current fiscal (March 2021).
2020-05-27 08:54
Iran’s OPEC governor passes away after brain haemorrhage

TEHRAN, May 16 (MNA) – Iran's veteran OPEC Governor Hossein Kazempour Ardebili has died of a brain haemorrhage two weeks after slipping into a coma.
2020-05-16 08:59
Iran's RIPI to commercialize Micro-CHP products

TEHRAN, Apr. 05 (MNA) – The Research Institute of Petroleum Industry (RIPI) will commercialize heat and electrical demand products as well as generator engines based on OHVG gas-based engine technology.
2020-04-05 16:54
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.
2019-12-03 08:42
Gasoline consumption drops 19mn liters per day: oil ministry

TEHRAN, Nov. 26 (MNA) – Oil Ministry announced on Tuesday that after the implementation of gasoline rationing scheme, consumption has decreased by 19 million liters per day in Iran.
2019-11-26 14:05
Technological expansion of upstream sector priority this year: Zanganeh

TEHRAN, Aug. 17 (MNA) – Iranian Oil Minister Bijan Namdar Zanganeh announced transferring and expansion of upstream sector in cooperation with universities and research centers as the main priority of the ministry in the current Iranian year, 1398.
2019-08-17 15:11
Fire at Iran oil ministry building put out

TEHRAN, Aug. 04 (MNA) – Latest reports indicate that the main building of the Iranian Oil Ministry has been now secured and the staff are back inside after a fire which broke out on the 15th floor was contained.
2019-08-04 12:31
Iran wins first step of legal case against Turkmenistan in gas dispute

TEHRAN, Jul. 29 (MNA) – According to an informed source in the Iranian Oil Ministry, Iran has won the first phase of a legal case in a dispute over gas against Turkmenistan and the Central Asian country has to pay compensations.
2019-07-29 22:49
PEDEC enhances Yaran joint oilfield output using mobile processing unit

TEHRAN, Jul. 21 (MNA) – In line with the efforts to boost the oil prodcution in major Iranian oilfields, a mobile oil separator (MOS) has been installed and launched in South Yaran Oilfield near the Iraqi border, an official with the Petroleum Engineering and Development Company (PEDEC) said.
2019-07-21 14:25
NPC, IMIDRO agree to accelerate petchem projects in southern Iran

TEHRAN, Jun. 11 (MNA) – The National Petrochemical Company (NPC) and the Iranian Mines & Mining Industries Development & Renovation Organization (IMIDRO), have reached an agreement to facilitate the construction of several petrochemical projects in southern Iran.
2019-06-11 09:03
Domestic experts overhaul four SP offshore platforms

TEHRAN, May 20 (MNA) – Domestic Experts have successfully completed the operations to overhaul four offshore platforms of the giant South Pars Gas Field in the Persian Gulf.
2019-05-20 11:04
Iranian lawmakers seek to impeach oil minister Zanganeh over mismanagement

TEHRAN, May 19 (MNA) – A member of the Energy Committee at the Iranian parliament told Mehr that a group of lawmakers have called for the impeachment of the Oil Minister Zanganeh over his mishandling oil and gas resources and market.
2019-05-19 19:10
Nouri petchem plant sufficient to supply Iran’s total para-xylene demand

TEHRAN, Apr. 30 (MNA) – Nouri Petrochemical Plant in the southern Iranian Bushehr province can now supply all the para-xylene needed in the country, the CEO of the company said.
2019-04-30 09:12
Next gas condensate offering at IRENEX set for April 16

TEHRAN, Apr. 14 (MNA) – The National Iranian Oil Company (NIOC) is set to hold the new round of gas condensate offering at the Iran Energy Exchange (IRENEX) on Tuesday (April 16).
2019-04-14 14:20
Rouhani:

Zarif, Zanganeh, Hemmati, at front line of fighting US

TEHRAN, Feb. 26 (MNA) – Iranian President Hassan Rouhani said that the country's foreign ministry, oil ministry, and the Central Bank are standing at the front line of the fight against Washington.
2019-02-26 12:16
IRENEX to gain, but not overnight: Zanganeh

TEHRAN, Feb. 23 (MNA) – Oil Minister Bijan Namdar Zanganeh says efforts for offering crude at Iran Energy Exchange (IRENEX) will finally pay off, but the bid needs time.
2019-02-23 12:41
Tehran to host annual gathering of Iran upstream industrialists

TEHRAN, Feb. 20 (MNA) – The annual gathering of Iranian oil and gas upstream industrialists is to be held in Tehran on February 23 and 24, according to the Oil Ministry.
2019-02-20 21:21
SP Phase 13 project registers 93.4% progress

TEHRAN, Feb. 04 MNA) – The caretaker of planning and control of South Pars Gas Field’s Phase 13 said the project has so far gained 93.4% work-in-progress.
2019-02-04 11:20