Iran aims to finalize and implement about $5 billion worth of projects to raise production from its crude oil and natural gas fields, Oil Minister Bijan Namdar Zanganeh said on Tuesday.
News ID: 1407 Publish Date : 2017/10/11
Lukoil signed two preliminary agreements with the National Iranian Oil Company on Tuesday to study the Caspian Sea's oil and gas potentials, paving the way for Russia's second-largest oil producer to further cement its position in Iran's petroleum market.
News ID: 1378 Publish Date : 2017/10/06
Crude oil production from the giant South Azadegan field near the Iraqi border has increased by 22,000 barrels per day.
News ID: 1361 Publish Date : 2017/09/27
OPEC’s commitment to cutting production to clear a global glut is working, but the group needs to address rising output from Libya and Nigeria, Iran’s Oil Minister Bijan Namdar Zanganeh said.
News ID: 1351 Publish Date : 2017/09/26
Lukoil plans to keep pumping 100 million tons of oil per year between 2018 and 2027 with projects outside Russia, including potential investments in Iranian oilfields, to keep annual investment at $8-8.5 billion, the chief executive said on Saturday.
News ID: 1345 Publish Date : 2017/09/25
Iranian officials on Sunday spoke of new investments in the economy and ambitious production targets in a petrochemical industry that is seen as Iran's most profitable sector after oil and gas.
News ID: 1343 Publish Date : 2017/09/25
Operations to swap crude oil consignments shipped from Turkmenistan to the port of Neka in northern Iran with deliveries in the Persian Gulf
News ID: 1323 Publish Date : 2017/09/20
An unnamed Iranian company will build the first jacket platform for South Pars Gas Field's Phase 11 in the Persian Gulf, the head of the Society of Iranian Petroleum Industry Equipment Manufacturers said on Tuesday.
News ID: 1322 Publish Date : 2017/09/20
An official at the National Iranian Oil Company says Iran is mulling over three scenarios to develop Farzad-B, a large gas reservoir in the Persian Gulf.
News ID: 1264 Publish Date : 2017/09/05
Iranian Oil Minister Bijan Namdar Zanganeh put the country’s oil production at 3.8 million barrels per day (bpd) of which 2.6 million barrels is exported to world markets.
News ID: 1234 Publish Date : 2017/08/30
Moscow and Tehran may soon agree upon conditions for the sale of 100,000 barrels of oil per day, according to the Russian energy minister.
News ID: 1203 Publish Date : 2017/08/20
Iran used to swap as much as 130,000 bpd of crude oil and received $1 in transit costs for each barrel
News ID: 1194 Publish Date : 2017/08/19
TEHRAN - The 22nd Iran International Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show 2017) kicked off at Tehran Permanent International Fairgrounds on Saturday.
News ID: 1142 Publish Date : 2017/05/08
The oil minister says Iran can sign between $70 billion and $80 billion worth of contracts in a short period.
News ID: 1066 Publish Date : 2017/04/11
TEHRAN - Iranian Oil Minister Bijan Namdar Zanganeh said on Tuesday the deal between OPEC and non-OPEC nations for cutting output could be further extended beyond June.
News ID: 1035 Publish Date : 2017/03/30
Iran sold $29 billion worth of oil and condensate during the Jan.-Dec. period, of which $24.7 billion has been collected
News ID: 890 Publish Date : 2017/01/20
OPEC members are committed to the deal signed last month to cut output as it is in the interest of their flagging economies, Oil Minister Bijan Namdar Zanganeh said.
News ID: 816 Publish Date : 2016/12/30
All foreign companies interested in Iran’s oil and gas projects must participate in tenders, Oil Minister Bijan Namdar Zanganeh said, signaling that Tehran will uphold a level-playing field in the race for its lucrative energy market.
News ID: 725 Publish Date : 2016/12/20