oil industry

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On the occasion of Government Week (August 24-30), Iranian Oil Minister Javad Oji ordered the beginning of executive operations of five major oil industry projects in Khuzestan Province, in the southwest of the country, on Friday, Shana reported.
News ID: 10979    Publish Date : 2022/08/26

Head of National Iranian Oil Company (NIOC) has said the development projects of four major oil and gas fields are going to commence on the occasion of Government Week (August 24-30), IRIB reported.
News ID: 10962    Publish Date : 2022/08/24

Head of Iran’s Planning and Budget Organization (PBO) has said that contracts for $29 billion of investment in the oil and gas industry projects have been concluded with domestic firms, and another $10 billion worth of new investment deals will be concluded soon, Shana reported on Sunday.
News ID: 10923    Publish Date : 2022/08/15

Iranian Research Institute of Petroleum Industry (RIPI) has it on the agenda to conduct over six trillion rials (about $142.8 million) worth of research projects in various upstream areas, including exploration, drilling, production, and enhancing recovery factor of the fields, an official with the institute announced.
News ID: 10301    Publish Date : 2021/08/25

Managing Director of National Iranian Oil Company (NIOC) says the oil industry ’s flare gas waste in the previous Iranian calendar year (ended on March 19) declined by 25 percent compared to the preceding year.
News ID: 9674    Publish Date : 2020/06/10

Strengthening domestic production and indigenizing the knowledge and technology for production of the products and equipment that Iran imports from other countries has become one of the major programs that the country is pursuing in recent years.
News ID: 9564    Publish Date : 2020/05/21

It has been few weeks since the rumors began spreading that Iran intended to ship several fuel consignments to Caracas to help alleviate Venezuela’s severe fuel problems.
News ID: 9538    Publish Date : 2020/05/19

Iran has managed to indigenize production of a vast portion of oil and gas industry equipment which has led to saving more than $7 billion in the past 5 years when sanctions had made it difficult for the country to import needed machinery for its energy sector, Khatam-al Anbiya Construction Headquarters said.
News ID: 8601    Publish Date : 2020/03/07

Iran’s deputy oil minister for engineering, research, and technology affairs said Oil Ministry is taking serious measures for improving standards in the oil industry , Shana reported on Tuesday.
News ID: 8463    Publish Date : 2020/02/19

Iranian acting banks are authorized to offer up to $3 billion of loans to the oil industry ’s upstream sector, according to the country’s budget bill for the next calendar year (starts on March 19, 2020), IRNA reported.
News ID: 7867    Publish Date : 2019/12/09

An Iranian company is planning to mass-produce multiphase pumps, in a bid to further increase the country’s self-sufficiency, frugality, and environmental-friendliness in the field of transporting oil and gas.
News ID: 7371    Publish Date : 2019/11/11

Iranian Oil Minister Bijan Namdar Zanganeh said the U.S. efforts for stopping development of the country’s oil industry has failed, Tasnim news agency reported.
News ID: 6921    Publish Date : 2019/10/21

Managing Director of the National Iranian Oil Company (NIOC) Masoud Karbasian said NIOC has managed to attract 80 trillion rials (about $1.9 billion) of funding for oil projects through the stock market during the past eight months.
News ID: 6877    Publish Date : 2019/10/15

Iranian Oil Minister Bijan Namdar Zanganeh highlighted the ineffectiveness of US sanctions against the Islamic Republic’s oil sector and said attempts aimed at blocking Iran’s oil industry have gotten nowhere.
News ID: 6747    Publish Date : 2019/10/20

Iran has indigenized the technology for reducing the sulfur content of the fuel oil, which is used by the vessels, to less than 0.5 percent, IRIB reported.
News ID: 6507    Publish Date : 2019/10/03

For the first time in the history of Iran’s oil industry since 1901, 3,000 tons of Euro-5 gasoline was sold via the international ring of Iran Energy Exchange, also known as IRENEX.
News ID: 5718    Publish Date : 2019/08/05

The daily production of gasoline in Iran will exceed 110 million liters in the upcoming week to mark a new record in the country’s gasoline production history, Tasnim reported, quoting Iranian oil minister as saying on Sunday night.
News ID: 5074    Publish Date : 2019/07/09

Several major oil and petrochemical companies from Germany have expressed their interest in investing in the Iranian oil sector. The companies including BASF say they are ready to invest a total of $12 billion in Iran.
News ID: 919    Publish Date : 2017/01/26

Over reliance on Iran's oil sector have hurt mining, says Mehdi Karbasian, managing director of IMIDRO.
News ID: 24    Publish Date : 2015/10/05

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