Iran’s oil minister announced the discovery of significant new gas and oil reserves in the Pazan field, located in the southern part of Fars Province, saying the find could help offset the country’s future energy imbalance.
IRAN Feed Atom
South Pars Gas Complex has set a new record in ethane production, with output reaching more than 2.15 million metric tons in the first half of 1404, according to the company’s managing director.
Senior officials from Iran and Norway discussed enhancing collaboration in renewable energy and electricity grid management during a meeting involving Norway's ambassador to Tehran and the head of Iran's Renewable Energy and Energy Efficiency Organization (SATBA).
The development of Iran’s independent North Pars gas field has officially begun following the signing of a contract for the construction of the jacket for the field’s first phase, according to the project manager.
The Iranian Oil Ministry successfully managed the country’s gas supply to power plants during peak summer demand in 1404 and is now preparing to ensure a stable energy supply for the upcoming winter through refinery overhauls, expanded gas storage injections, and increased liquid fuel reserves.
Iran plans to operationalize 948 kilometers of gas transmission pipelines and three new compressor stations this Iranian calendar year, while also expanding the Sarajeh gas storage facility, according to the head of the Iranian Gas Engineering and Development Company.
Gas injections into Iran's underground storage facilities have increased by 13 percent compared to last year to ensure a stable gas supply throughout the winter.
The Iran oil minister and his deputies convened a meeting Saturday, Oct. 4, to review the latest measures ensuring stable fuel supply across the country ahead of the cold season.
The governor of Central Bank of Iran (CBI) said solar energy projects will receive immediate financing, underlining the sector’s priority for the government.
Iran’s high dependence on natural gas has made the industry particularly sensitive, the head of the National Iranian Gas Company said Thursday.
Technologists from an Iranian industrial company used nanotechnology to significantly decrease flammability in the urban, rural and agricultural water transmission lines.
Iran’s Vice President and Head of the country’s Administrative and Employment Organization, in a meeting with the South Korean Ambassador to Tehran Kim Junpyo, emphasized the 14th administration's determination to develop administrative and technological cooperation with South Korea, naming government smartization and the use of artificial intelligence as key areas of this cooperation.
The international tanker market views the activation of the so-called “snapback” mechanism by three European countries, under US pressure, as having no significant effect beyond existing American sanctions, according to Lloyd’s List.
Iran supplied 50.2 billion cubic meters of natural gas to power plants in the first half of the irannian year 1404, marking a 2 billion cubic meter increase compared with the same period last year, the Oil Ministry announced.
Iran's oil minister outlined measures taken to ensure winter fuel supply this year, stating that actions have been implemented to increase raw gas production which will contribute to the amount of gas delivered to the national grid.
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.
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.