NIDC's head prioritizes increasing productivity from 67% to 90%, focusing on modernizing and renovating drilling equipment to boost efficiency.
IRAN Feed Atom
The 10th meeting of the Iran-Venezuela Joint Economic Committee began in Caracas, attended by representatives from various public and private companies and institutions.
The head of Iran’s National Petrochemical Company has said that completing the value chain and developing complementary industries is going to ensure a balanced and sustained development of the country’s petrochemical industry.
The CEO of NIORDC has highlighted the significant role of Shiraz Refinery's isomerization unit in enhancing health and environmental indicators in Shiraz City.
The head of Iranian Oil Terminals Company (IOTC) said his company is implementing new projects to improve oil export infrastructure at Kharg Island, IRNA reported.
Oil production from the Sepehr and Jofeir oil fields has reached 51,000 barrels per day with the commissioning of well number 7 at the Jofeir field.
Iran's ICCIMA head, Samad Hassanzadeh, emphasizes the need for significant foreign investment growth to achieve the eight-percent economic growth outlined in the country's Seventh National Development Plan (2022-2027).
Natural gas production from the offshore South Pars gas field reached the unprecedented figure of 711 million cubic meters on Wednesday, November 14.
Pars Oil and Gas Co. (POGC) has raised gas production from Phase 11 of the South Pars gas field in the Persian Gulf, according to news service Shana report.
The South Pars Gas Complex's performance includes high-quality maintenance, stable gas production, collaboration with knowledge-based companies, and a flare reduction project in thirteen refineries.
Iran's Energy Minister Abbas Aliabadi and Qatar's Ambassador to Iran, Saad Abdullah Saad Al Mahmoud Al Shareef, met in Tehran to discuss expanding economic and trade ties.
Iran's petrochemical export value increased by 24% in the first seven months of the current Iranian calendar year, according to the former head of the Islamic Republic of Iran Customs Administration.
Mohammad Sadegh Azimifard, the CEO of the National Iranian Oil Refining and Distribution Company (NIORDC) has said that oil product consumption has increased by 9 percent.
The Organization of Petroleum Exporting Countries (OPEC) in its latest report has said Iran produced 3.259 million barrels per day (bpd) of crude oil in October, while the figure was 3.327 million bpd in September.
Iranian Minister of Petroleum Mohsen Paknejad has said that the price of super gasoline will be determined based on the cost of imports.
Deputy Minister of Economy of the Republic of Armenia Narek Hovakimyan emphasized his country’s serious determination to invest in Iran’s southeastern strategic Chabahar port.
The Iranian cabinet has approved the import and distribution of premium gasoline by legal entities authorized by the Ministry of Petroleum.
The Head of the Dispatching Department of the National Iranian Gas Company (NIGC) said the country's daily gas consumption reached 794 million cubic meters due to the decrease in air temperature.
The Ambassador of Belarus in Iran Dmitry Koltsov has emphasized the need for holding the Iran-Belarus Joint Economic Committee meeting with the presence of the Industry and Trade Ministers of the two countries.
Seyed Mohsen Dehbanpour, the CEO of Aghajari Oil and Gas Production Company says the project to collect flare gas at the Rag-Sefid unit has made significant progress.