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S.Pars oil field platform B18 launched

EghtesadOnline: The contractor of phases 17 and 18 of South Pars oil field said that platform B18 with the capacity of 500m cubic feet gas was launched after 62 working days.
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Publish Date:24/October/2016 | 10:26

Iran major exporter of oil products in region

EghtesadOnline: Deputy managing director of National Iranian Oil Refining and Distribution Company (NIORDC), Shahrokh Khosravani, says Iran is major exporter of oil products in the region.
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Publish Date:23/October/2016 | 10:41

Azar oil field to yield 30,000 bpd oil by May

EghtesadOnline: Managing Director and head of the board of managers of Oil Development and Engineering Company Nureddin Shahnazizadeh says joint Azar oil field's production capacity will reach 30,000 barrels per day as of May.
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Publish Date:23/October/2016 | 10:40

Malaysian firms urged to invest in Iran's oil industry

EghtesadOnline: Iranian Petrolum Minister Bijan Zangeneh said Malaysian firms are interested in investing in Iran's oil industry, adding that Iran welcomes foreign investment.
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Publish Date:23/October/2016 | 10:35

75,000 barrels daily extracted from North Azadegan oilfield

EghtesadOnline: Operator of North Azadegan oil field development project Keramatollah Behbahani said following commissioning of the first phase of the project for development of North Azadegan field, 75,000 bpd oil will be produced out of the field jointly owned with Iraq.
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Publish Date:18/October/2016 | 04:35

Over 60pc of Iran oil exported to Asia: Oil official

EghtesadOnline: Director of National Iranian Oil Company (NIOC) International Affairs has announced that 62 percent of the Iranian oil is being exported to the Asian countries and the rest to the European states.
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Publish Date:17/October/2016 | 21:15

Iran in talks with European Company for oil export deals

EghtesadOnline: Alongside negotiations with Hungarian MOL Company to export 140,000 barrels per day of crude oil, Iran is finalizing talks with Austrian company OMV to a sign mid-term oil export contract.
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Publish Date:16/October/2016 | 09:06

Iran achieves target of 4m bpd oil output

EghtesadOnline: Managing Director of National Iranian Oil Company Ali Kardor said on Monday that NIOC has been able to achieve the target of four million bpd output in the wake of lifting the sanctions.
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Publish Date:05/October/2016 | 16:24

Oil Major BP Buys First Iranian Oil Since Sanctions Eased

EghtesadOnline: Iran’s state-owned oil company sold condensate to BP Plc for the first time since sanctions were lifted in January, marking the country’s re-emergence as one of the world’s top suppliers of crude oil and natural gas liquids.
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Publish Date:05/October/2016 | 10:21

NDFI Assets at $68b

EghtesadOnline: Iran’s sovereign wealth fund is becoming wealthier due to the oil producer’s increased sales, though low oil prices are slowing its growth.
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Publish Date:03/October/2016 | 21:31

Zanganeh: OPEC members expected to welcome Iran comeback to oil market

EghtesadOnline: Minister of Petroleum Bijan Zanganeh said on Wednesday that members of the Organization of the Petroleum Exporting Countries are expected to welcome comeback of Iran to oil market mainly after lifting the sanctions and restoring the output quota.
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Publish Date:01/October/2016 | 10:22

Zangeneh calls for revival of quota system in OPEC

EghtesadOnline: Minister of Petroleum Bijan Zangeneh on Tuesday called for revival of the quota system of the Organization of Petroleum Exporting Countries, saying that there is no alternative to the quota system.
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Publish Date:28/September/2016 | 13:27