IRAN Feed Atom

NIOC inks contract with local firm to collect seismic data in northwestern Iran

2 years ago

22 April 2024

11:25 AM

The National Iranian Oil Company (NIOC) has signed a contract with domestic firm Neign Afaq Kish Energy Development Company (TENCO) to implement 2-dimensional and 3-dimensional seismic operations in the north and northwestern Iran over a two-year period.

IP Revival High On the Agenda; Iranian President Visits Pakistan

2 years ago

22 April 2024

11:17 AM

Iranian Minister of Petroleum, Javad Owji, embarked on his journey to Pakistan, accompanying the Islamic Republic of Iran’s president, Ebrahim Raisie, who left Tehran for a two-day visit to Pakistan today, 22 April.

Petroleum Ministry And AEOI Sign MOU

2 years ago

22 April 2024

11:07 AM

Petroleum Ministry and Atomic Energy Organization of Iran (AEOI) signed a memorandum of understanding (MOU) today, 22 April 22, to boost cooperation in a range of different issues including technology.

Rising Oil Exports A Clear Sign Of Success, MP

2 years ago

22 April 2024

11:00 AM

The 13th administration's performance in view of economic diplomacy has been successful, a member of Parliament said.

NIOC Improving Fars Province Infrastructures

2 years ago

22 April 2024

10:57 AM

The manager of NIOC’s Directorate Of Supervision On Southern Oil-Rich Regions Construction Projects, Babak Darabi, says as much as 40 thousand billion rials, Iranian currency, have been allocated to implementation of construction projects in Fars province.

World Bank reports 37% drop in Iran’s poverty headcount ratio in two years

2 years ago

21 April 2024

11:27 AM

recent report by the World Bank suggests that the percentage of the Iranian population living below the poverty line has declined by 37% over the past two years.

Foreign investment in Iran reaches $11.6b in 2 years

2 years ago

21 April 2024

11:08 AM

The Iranian government has managed to attract $11.6 billion of foreign investment in various sectors since the administration took office in 2021, Shana reported.

Oil Sector Attracts 41 Percent Of Total Foreign Investment

2 years ago

20 April 2024

11:16 AM

Since taking office in August 2021, the 13th administration has been able to attract 11.6 billion dollars of foreign investment of which 4.8 billion dollars have been allocated to the oil and gas mega projects.

Collecting Seismic Data Contract Signed

2 years ago

20 April 2024

11:15 AM

TENCO will implement 2-dimensional and 3-dimensional seismic operations in the north and northwestern of Iran over a two years period based on a contract signed on Tuesday, April 16.

German-Iranian Chamber of Commerce opposes new sanctions

2 years ago

19 April 2024

12:29 PM

The Germany-Iran Chamber of Commerce spoke out against new sanctions imposed on the Islamic Republic in response to its legitimate attack on Israel.

FT: Iran oil exports hit six-year high

2 years ago

19 April 2024

12:27 PM

Iran is exporting more oil than at any time for the past six years, giving its economy a $35bn-a-year boost.

Iran’s petrochemical production capacity to top 100m tons by mid-March 2025: NPC CEO

2 years ago

19 April 2024

12:21 PM

Iran’s petrochemical production capacity will exceed 100 million tons by the end of the current Iranian year (March 20, 2025), said the National Petrochemical Company (NPC) managing director.

Iran’s oil output hits 3.25m bpd in March: EIA

2 years ago

17 April 2024

1:43 PM

The U.S. Energy Information Administration (EIA) has announced in its latest report that Iran produced 3.25 million barrels per day (bpd) of oil in March 2024, 20,000 bpd more than the previous month.

Biden unlikely to intensify sanctions on Iran’s oil sector: report

2 years ago

17 April 2024

1:41 PM

A Reuters report on Tuesday said the Biden administration is unlikely to take any dramatic sanctions action on Iran's oil exports after Iran’s response to Israel, due to worries about boosting oil prices and angering top buyer China.

Iran-EU trade reaches €380m in January

2 years ago

17 April 2024

1:39 PM

The value of trade between Iran and the European Union (EU)’s member states reached €380 million in January, according to the data released by the European Union's statistics office Eurostat.

Oil minister: Semifinished projects worth over $28b completed in a year

2 years ago

17 April 2024

1:01 PM

Iran’s oil minister said on Wednesday semifinished projects worth more than $28 billion were completed in the Iranian calendar year of 1402 (March 21, 2023-March 19, 2024).

Sanctions aimed at limiting Iran’s oil output, exports thwarted by Oil Ministry: PBO head

2 years ago

17 April 2024

12:58 PM

Iran’s Plan and Budget Organization (PBO) chief said on Tuesday the Oil Ministry has managed to thwart the sanctions aimed at limiting the country’s oil production and sales in the international market.

Iran’s oil exports and tensions with the West

2 years ago

16 April 2024

12:02 PM

Iran, the third largest producer in the Organization of the Petroleum Exporting Countries (OPEC), produces about 3 million barrels of oil per day (bpd), or around 3% of total world output.

Petrochemical Shazand, the subsidiaries of Bank Melli Iran was transferred

2 years ago

16 April 2024

10:44 AM

In line with the emphasis of the Supreme Leader and the policies of the thirteenth government regarding the withdrawal of banks from ownership, Bank Melli Iran transferred 51.32% of Petrochemical Shazand's shares.

Iran viewed as reliable economic partner by gas importing countries

2 years ago

16 April 2024

10:34 AM

Iran has been introduced as a reliable economic partner after long years of signing contracts with and exporting gas to neighboring states.

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Latest News of Oil, Gas and Petrochemical industry

IRAN Feed Atom

NIOC inks contract with local firm to collect seismic data in northwestern Iran

IP Revival High On the Agenda; Iranian President Visits Pakistan

Petroleum Ministry And AEOI Sign MOU

Rising Oil Exports A Clear Sign Of Success, MP

NIOC Improving Fars Province Infrastructures

World Bank reports 37% drop in Iran’s poverty headcount ratio in two years

Foreign investment in Iran reaches $11.6b in 2 years

Oil Sector Attracts 41 Percent Of Total Foreign Investment

Collecting Seismic Data Contract Signed

German-Iranian Chamber of Commerce opposes new sanctions

FT: Iran oil exports hit six-year high

Iran’s petrochemical production capacity to top 100m tons by mid-March 2025: NPC CEO

Iran’s oil output hits 3.25m bpd in March: EIA

Biden unlikely to intensify sanctions on Iran’s oil sector: report

Iran-EU trade reaches €380m in January

Oil minister: Semifinished projects worth over $28b completed in a year

Sanctions aimed at limiting Iran’s oil output, exports thwarted by Oil Ministry: PBO head

Iran’s oil exports and tensions with the West

Petrochemical Shazand, the subsidiaries of Bank Melli Iran was transferred

Iran viewed as reliable economic partner by gas importing countries