TEHRAN (Shana) -- The CEO of the Natural Gas Engineering and Development Company said the storage capacity in Shourijeh Gas Storage Facility would exceed 4.5 billion cubic meters.
Monday21 May 201812:41
TEHRAN (Shana) – Abadan Refinery, Iran's first refinery, has increased its gasoline production capacity to 12 million liters per day.
Sunday20 May 201814:23
TEHRAN (Shana) -- The facilities of the Iranian Oil Terminals Company
Sunday20 May 201812:43
TEHRAN (Shana) – Climate Action and Energy Commissioner Miguel Arias Cañete met Iranian Minister of Petroleum Bijan Zangeneh in his Tehran office on Saturday in a bid to protect Iran's oil trade following US withdrawal from the nuclear deal.
Saturday19 May 201817:27
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh hosted a meeting with visiting Climate Action and Energy Commissioner Miguel Arias Cañete in Tehran on Saturday, May 19, 2018.
Saturday19 May 201816:58
TEHRAN (Shana) -- Amir Hossein Zamaninia, deputy petroleum minister for international affairs and trading, hosted a meeting with Türkmengaz officials in Tehran.
Saturday19 May 201814:26
TEHRAN (Shana) -- Iran signed a preliminary deal on Wednesday for a consortium of international companies to develop an oilfield, the first such contract since Washington withdrew from a nuclear agreement and said it would reinstate sanctions on Tehran.
Saturday19 May 201814:26
TEHRAN (Shana) -- Speculations of Iran's declining oil supply on the market are believed to have drawn up oil prices to unprecedented levels since November 2014. Each barrel of the country's light crude oil is selling at around 73 dollars per barrel in the market.
Saturday19 May 201812:54
Iran Targets LNG Markets
TEHRAN (Shana) -- Iran's Minister of Petroleum Bijan Zangeneh and Omani Minister of Oil and Gas Mohammed Al Rumhy recently agreed to finalize two supplementary documents to the gas contract the two countries have already signed.
Saturday19 May 201812:23
TEHRAN (Shana) -- Today, selling and exporting petrochemical products are instrumental in Iran's non-oil economy. According to official data, petrochemical exports constitute the second largest hard currency earner in Iran after crude oil. Petrochemical exports already make up 33% of Iran's non-oil exports. Arrangements have been made for the petrochemical exports to have a 35% share of non-oil exports.
Saturday19 May 201812:18
WWII-Era Iran Petroleum Industry
TEHRAN (Shana) -- On 26 August 1951, the Allied troops invaded Iran from north and south under the pretext of the presence of German nations in Iran. Their main objective was to carry military personnel and munitions from southern Iran towards then Soviet Union. The Shah of Iran ordered the Army not to resist foreign troops which occupied Iran...
Saturday19 May 201812:14
TEHRAN (Shana) --- A deputy head of the National Iranian Oil Company (NIOC) has said that studies conducted by Norway's ORG in four exploration blocks of the Caspian Sea had produced promising results.
Saturday19 May 201812:07
TEHRAN (NIPNA) -- The CEO of the National Iranian Tanker Company (NITC) says it is still too soon to speak of the ramifications of Washington's withdrawal from the Joint Comprehensive Plan of Action (JCPOA) on Iran's shipment of crude oil on international markets.
Saturday19 May 201811:10
TEHRAN (Shana) -- The British Ambassador to Iran voiced his country’s support for British companies willing and capable of working in and trading with Iran.
Thursday17 May 20181:04
TEHRAN (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh said: “None of Iran’s neighbors must relish their neighbor’s hardships. Everyone may face hardships. When a country is gripped by difficulties, others must not gloat at their trouble. We are Muslims. Tongue-lashing is more devastating that swords. This (condition) will also pass by.”
Wednesday16 May 201823:58
TEHRAN (Shana) -- The National Iranian South Oil Company (NISOC) and Pergas Consortium have signed a heads of agreement on Wednesday for developing Iran’s Karanj Oilfield under the newly-devised model of oil contracts.
Wednesday16 May 201821:10
TEHRAN (Shana) -- An Iranian gas official said the country was ready to start supplying natural gas to the housing, commercial and industrial sectors of neighboring Iraq.
Tuesday15 May 201814:25
TEHRAN (Shana) -- The National Iranian South Oil Company (NISOC) has successfully acquired the technical savvy of building Sucker Rod Pump (SRP) with Chamran University.
Monday14 May 201818:17
TEHRAN (Shana) -- The CEO of the National Petrochemical Company (NPC) said Khark Island, where Iran exports most of its crude oil, could turn into a petrochemical hub for the country.
Monday14 May 201817:37
TEHRAN (Shana) -- Iran exported over 800 million barrels of crude oil from its major oil export terminal in Khark Island over the course of the previous Iranian calendar year which ended on March 20.
Monday14 May 201811:45