The CEO of the National Iranian Oil Company said innovative and technological ideas must deliver practical results, adding that the company is prepared to shoulder the operational costs and risks of implementing such projects in the oil industry.
IRAN Feed Atom
The head of Iran’s National Petrochemical Company stressed the need to attract new investments and boost production, urging the use of all available capacities to finance petrochemical projects.
The production oversight director of the National Iranian Oil Company stressed the need to clearly identify challenges in developing the oil industry, saying that with a scientific approach, those challenges can be recognized and resolved.
Iran's Foreign Minister Abbas Araghchi has criticized the United States and three European nations for attempting to leverage the snapback mechanism of the 2015 nuclear deal to reimpose expired United Nations sanctions against Tehran.
The CEO of the National Iranian Oil Company marked National Firefighting and Safety Day by highlighting the bravery of the oil industry’s firefighters and emphasizing the importance of health, safety, environment, and employee well-being in all oil sector activities.
Iran has broken its oil production record for the first time in seven years following new development measures in its oil fields, the oil minister said.
The Phase 14 refinery of the South Pars gas field has been handed over to the South Pars Gas Complex (SPGC) as its final operator.
The National Iranian South Oil Company (NISOC) is prioritizing both production continuity and environmental protection, the company’s managing director said.
The head of Khangiran operational zone said that despite sandstorms, extreme heat, and even a 12-day war, the workforce carried out more than 170,000 safe work hours of overhauls to prepare the facilities for maximum production in winter.
Iran’s annual inflation rate reached 37.5 percent in the last month of summer (August 23-September 22), up 1.2 percentage points from the previous month, the Statistical Center of Iran said.
The Tehran Gas Company has begun installing emergency gas vent towers in the capital as part of a project to strengthen the city’s resilience to earthquakes and natural disasters.
The National Iranian Oil Company has delivered more than 130 exploratory wells to operating companies, with about 70% of them ready to enter oil and gas production after repair and completion work, a senior official said.
India has imported a large shipment of Iranian crude for the first time in years, raising speculation that New Delhi may be preparing to resume broader purchases despite U.S. sanctions.
Iran’s gasoline consumption hit a record high this summer, totaling about 12.5 billion liters, with an average daily use of 134.3 million liters, according to the National Iranian Oil Products Distribution Company.
The launch of a mobile desalting unit at the Cheshmeh-Khosh oil field has removed production restrictions and marked a major step in cooperation with the National Iranian Oil Company, according to the head of ZN Vostok.
Iran has increased output at the Cheshmeh-Khosh oil field by 14,000 barrels a day after launching a mobile desalting unit, raising total daily production to 114,000 barrels, the head of the Petroleum Engineering and Development Company (PEDEC) said Wednesday.
Iran’s oil minister said Wednesday that the snapback mechanism would not create new obstacles to crude oil sales, stressing that the government has plans in place should challenges arise.
The National Iranian Oil Company is centering its plans on boosting production and capturing associated gas despite external pressures and sanctions, the company’s chief said Wednesday.
Iranian Energy Ministry inaugurated 205 megawatts of solar power plants and launched construction of another 75 MW across the country on Tuesday, in projects worth more than 84 trillion rials ($168 million), the energy ministry said.
Iran and Azerbaijan pledged to expand economic and trade cooperation during a meeting of the countries’ joint economic committee in Tehran.