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Majlis Report Underpins Upswing in Oil Industry

EghtesadOnline: Iran has come a long way in regaining the lost ground in the global oil market and expanding its gas production after last year's lifting of sanctions, a parliamentary report shows.
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Publish Date:11/September/2017 | 11:59

Iran's Five-Month Gas Exports Reach 5 bcm

EghtesadOnline: Iran exported over 5 billion cubic meters of natural gas in the first five months of the current fiscal year (March 21-August 22), up more than 60% from the same period last year, thanks to higher supplies from its giant gas field in the south and a new, long-term customer in the west.
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Publish Date:10/September/2017 | 07:29

Zanganeh Highlights Gas Export Barriers

EghtesadOnline: Iran is facing a bumpy road in expanding natural gas export, Oil Minister Bijan Namdar Zanganeh said in an interview on Sunday, pointing to operational and financial impediments in gas trade with Pakistan in the east and Iraq along the western borders.
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Publish Date:22/August/2017 | 13:35

Tech Upgrade to Raise Oil, Gas Extraction Rate

EghtesadOnline: Domestic experts have indigenized a cutting-edge pump that will help significantly increase extraction rate from oil and gas fields, managing director of state-owned West Oil and Gas Production Company said.
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Publish Date:06/August/2017 | 13:49

Gas Deal With Total Endorsed

EghtesadOnline: A deal between Tehran and French energy company Total to develop Phase 11 of the South Pars Gas Field in the Persian Gulf has been approved by the top domestic body that oversees oil and gas contracts.
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Publish Date:02/August/2017 | 11:02

Iran Urges Decision on Delayed IP Gas Pipeline

EghtesadOnline: Tehran and Islamabad should come to a resolution on a protracted project for the export of Iran's natural gas to Pakistan through a pipeline, the deputy oil minister for international affairs said.
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Publish Date:01/August/2017 | 06:15

Iraq Seeking Higher Gas Supplies From Iran

EghtesadOnline: Iraq is looking to increase natural gas imports from Iran within an agreement that would allow the Arab country to receive up to five times more gas from the current level.
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Publish Date:29/July/2017 | 09:22

SZOGPC to Raise Gas Output by 6%

EghtesadOnline: The South Zagros Oil and Gas Production Company is planning to produce a total of 66 billion cubic meters of natural gas in the fiscal 2017-18 that ends in March, almost 6% higher than last year's output.
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Publish Date:25/July/2017 | 09:45

South Pars Phase 11 Production to Commence in 2021

EghtesadOnline: Gas production from an offshore Iranian project in the Persian Gulf, which is being developed by France’s Total and its partners, will commence in early 2021, Oil Minister Bijan Namdar Zanganeh said.
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Publish Date:25/July/2017 | 05:44

No banking problem with Total deal: Petroleum Min

EghtesadOnline: Petroleum Minister Bijan Zangeneh said there is no banking problem with implementation of Total deal to develop the phase 11 of South Pars Oil Field.
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Publish Date:22/July/2017 | 24:16

3 South Pars Phases Join Gas Grid in August

EghtesadOnline: Natural gas from three new phases of South Pars Gas Field will start to flow into the national gas network by the end of next month, upon the completion of a refining facility for the three phases.
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Publish Date:17/July/2017 | 06:58

Intl. firms negotiate $200 billion of oil deals in Iran

EghtesadOnline: Asian and European companies are negotiating participation in Iran’s oil and gas development projects which need $200 billion worth of investment, according to Minister of Petroleum Bijan Zangeneh.
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Publish Date:12/July/2017 | 09:59

Iran Expects Steep Rise in Gas Output, Exports

EghtesadOnline: Iran will see a steep rise in its natural gas output and exports after last year's easing of international sanctions, Deputy Oil Minister Amirhossein Zamaninia said on Tuesday, adding that recent deals with global firms show they believe sanctions will not come back.
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Publish Date:12/July/2017 | 08:44

Iran Readying 14 Oil, Gas Exploration Tenders

EghtesadOnline: Iran is readying its first round of oil and gas exploration tenders since the easing of economic sanctions in Jan. 2016, hoping to attract the likes of BP and Gazprom, an Iranian energy official said on the sidelines of an energy industry conference in Istanbul, Turkey, on Monday.
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Publish Date:11/July/2017 | 08:03

Zanganeh Says Total Unfazed by Sanctions

EghtesadOnline: Oil Minister Bijan Namdar Zanganeh said the French oil major Total will develop Phase 11 of the South Pars Gas Field in the Persian Gulf step-by-step because of the nature of the initiative and "that is why the whole $5 billion investment will not be transferred to the country all at once".
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Publish Date:09/July/2017 | 09:53

Iran Prioritizes Regional Gas Market Over Europe

EghtesadOnline: Iran is increasing its focus on natural gas export to neighboring states as well as India, shifting away from costly and potentially complicated plans to supply the fossil fuel to the European Union.
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Publish Date:08/July/2017 | 06:01

Total Eying Iran's Petrochem Market After Major Gas Deal

EghtesadOnline: Total S.A. could spend up to $2 billion in Iran's petrochemical industry in what would further cement the position of the world's fourth largest oil and gas company in the Iranian economy.
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Publish Date:05/July/2017 | 10:06

Envoy: Iran-Total deal carries important message

EghtesadOnline: Iran’s envoy to Britain Hamid Baeidinejad‏ in a message said signing a major gas deal between Iran and the French giant Total Company signals an important message.
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Publish Date:04/July/2017 | 05:28