Iranian oil minister said that his ministry in the 13th administration has done marketing with all its capacity to find new and regular customers of Iranian crude oil shipments. Javad Owji made the remarkson Saturday evening on the eve of the anniversary of the nationalization of the oil industry in the TV program. "Today, the country's natural ...

SHANA Iranian oil industry has signed 13 contracts worth roughly 1.5 billion with 14 local firms to enhance and maintain oil production. The deals were signed on Monday morning in a ceremony held in Tehran between the Iranian Offshore Oil Company (IOOC) and the National Iranian South Oil Company (NISOC), as employers, and 14 Iranian companies as ...

SHANA Iranian Minister of Petroleum Bijan Zangeneh said his ministry would support domestic manufacturing by observing international standards in the oil industry. Speaking on the sidelines of a ceremony to offer the first certificate of oil industry goods and equipment, Zangeneh told reporters on Monday that issuance of equipment quality certification ...

SHANA Iranian Minister of Petroleum Bijan Zangeneh says Irans oil industry activities have been going on strongly in the past two years since the US pulled out of the nuclear deal and reimposed sanctions. Addressing a ceremony to launch gas supply to 77 Iranian villages on Monday, Mr. Zangeneh hailed the amount of Irans export of petroleum products,...

Tasnim Iran has gained self-sufficiency in the repair and maintenance of offshore oil drilling rigs, an official said. The CEO of Iranian holding Sina Energy Development Company (SEDCO) said the country does not rely on foreigners to repair offshore oil rigs anymore. Javad Owji said local experts have obtained the technical know-how to repair ...

Reuters - Irans OPEC Governor Hossein Kazempour Ardebili is in a coma after a severe brain haemorrhage, SHANA, the news site of the Iranian oil ministry, reported on Sunday. He was hospitalized on Friday, SHANA said, without providing any additional details. Kazempour Ardebili is a key figure in Irans oil industry and served as the countrys deputy ...

SHANA A senior Iranian industrial official says the country has indigenized manufacturing of over 70% of the equipment used in the petroleum industry. The commander of Khatam Al-Anbia Construction Headquarters (KACH), Saeid Mohammad, said on Saturday that localizing 70% of the items used in the petroleum industry as well as participating in a project ...

SHANA -- The chairmen of the board of directors of the Iranian Oil Industry Equipment Manufacturers Association said that the share of Iranian manufacturers and craftsmen in the supply of oil industry equipment has reached 85%. Majid Mohammadpour, speaking on the sidelines of the 16th Kish International Energy Exhibition, said that the share of ...

OilPrice | Simon Watkins: Given the array of sweetener deals in the oil and gas sector promised to Russia by Iran in the past year or so suspended until public outcry over these bargain-basement giveaways has died down Tehran is now sufficiently confident in its implicit support from Russia that it is going ahead with fully developing a long-disputed ...

SHANA | Negar Sadeqi: Irans President Hassan Rouhani, during a provincial tour of Yazd in October, said the countrys second largest oil reservoir had been discovered. Irans Petroleum Minister Bijan Zangeneh said the reservoir, named Namavaran, held 22 billion barrels of oil in place, 2.2 billion barrels of which would be recoverable. Iran ...

SHANA Iranian Ministry of Petroleum has set up a new initiative to support domestic manufacturers by guaranteeing purchase of their quality items needed in the petroleum industry. Addressing the first innovation event of the Iranian Ministry of Petroleum, Petroleum Takeoff, on Monday morning, Minister of Petroleum Bijan Zangeneh said, "Back in ...

Tasnim Iranian Oil Minister Bijan Namdar Zanganeh highlighted the ineffectiveness of US sanctions against the Islamic Republics oil sector and said attempts aimed at blocking Irans oil industry have gotten nowhere. A lot of efforts were made to halt the development of Irans oil industry under the conditions of sanctions, Zanganeh told Tasnim. However,...

SHANA Iranian Minister of Petroleum Bijan Zangeneh said that the offshore sections of 27 South Pars phases would be fully developed in the first half of 2020. Addressing the opening ceremony of the 5th Oil and Power Congress in Tehran on Tuesday, Zangeneh said that South Pars Phase 11 development plan would be launched by the end of the current ...

IRNA Iranian Oil Minister Bijan Zangeneh on Sunday emphasized that all companies and facilities of the oil industry should exercise full alert to physical and cyber threats amid sanctions targeting the oil industry. Zangeneh made the remarks in a message to mark National Day of Fire Safety in remembrance of the US air strikes on Iranian oil platforms ...

MNA A senior Iranian oil official said that the industry is developing in the country despite the US economic sanctions. Speaking in a televised interview on Saturday, Reza Dehghan, the deputy director for development and engineering affairs at the National Iranian Oil Company (NIOC), said that the fate of all the countrys joint oil and gas fields ...

MNA The ICIS has ranked Irans Persian Gulf Petrochemical Industries Company (PGPIC) 35th in ICIS Top 100 Chemical Companies for 2019. The latest ICIS ranking - the worlds largest petrochemical market information provider - shows three levels better than last year, despite the fact that PGPIC is targeted by the US sanctions. According to the ...

MNA Iranian Oil Minister Bijan Zanganeh said that US sanctions have failed to stop Irans oil industry. He made the remarks on Saturday in the ceremony of signing a deal between Pars Oil and Gas Company (POGC) and Petropars Company for developing Belal Gas Field in the Persian Gulf. We showed that US cannot bring our exports to zero. We will ...

Tasnim - Despite US sanctions on Irans oil industry, oil product sales from the Islamic Republic remain strong at nearly $500 million a month, shipping data show. Sanctions have barely affected Irans exports of oil products, primarily fuel oil used for power generation and shipping, as well as liquefied petroleum gas (LPG), used as cooking gas and ...

Tehran Times Managing director of Irans Petroleum Engineering and Development Company (PEDEC) has said the company is still negotiating the second phase of Yadavaran oilfields development project with China's Petroleum and Chemical Corporation, known as Sinopec. Talks are still ongoing, but the process is going on at a slow pace, Touraj Dehqani ...

Financial Tribune - Private sector in Iran cannot make miracles happen in international oil business under the sanctions regime as it was never trained for a large and unknown market. Head of the Iranian Oil Products Exporters' Union, Abolqasem Hashemi, told IRNA on Saturday that "Oil is a strategic commodity and cannot be bought and sold easily ...