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Persian Gulf Star Refinery Up and Running

EghtesadOnline: Close to 100 million liters of gasoline has been produced in the Persian Gulf Star Refinery in the city of Bandar Abbas, Hormozgan Province, since its launch in the beginning of last month, said Abbas Kazemi, managing director of the National Iranian Oil Refining and Distribution Company (NIORDC).
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Publish Date:16/June/2017 | 09:00

Total in Unison With Iran Oil Equipment Manufacturers

EghtesadOnline: French energy giant Total and the Society of Iranian Petroleum Industries Equipment Manufacturers have come to an agreement to use domestically made equipment to develop South Pars Gas Field Phase 11, according to Reza Khayyamian, head of the society.
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Publish Date:16/June/2017 | 08:57

Leap in Iran Light Crude Export

EghtesadOnline: Crude oil exports from the Kharg Oil Terminal in the Persian Gulf stood close to 780 million barrels in the fiscal year that ended in March 2016, or around 2.1 million barrels daily, managing director of Iran Oil Terminals Company (IOTC) said on Tuesday.
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Publish Date:14/June/2017 | 24:28

NIOC Looking to Seal Major Oil Deals

EghtesadOnline: Iran is well-positioned to sign major oil contracts by the end of the present fiscal in March, said Ali Kardor, chief executive officer of the National Iranian Oil Company.
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Publish Date:13/June/2017 | 09:34

Petcoke Plant on RIPI Agenda

EghtesadOnline: The Research Institute of Petroleum Industry (RIPI) is intent on acquiring the expertise for producing petroleum coke and subsequently establish a production plant for the oil derivative, an executive at RIPI said on Monday.
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Publish Date:13/June/2017 | 09:30

BP to Decide Future Role in Southern Ahvaz Oilfield

EghtesadOnline: Energy giant BP is expected to announce whether or not it wants to play a role in developing Ahvaz Oilfield in Khuzestan Province after evaluating a contractual model proposed by the National Iranian South Oil Company, said Ahmad Mohammadi, head of a special workgroup at the NISOC responsible for developing southern oilfields.
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Publish Date:13/June/2017 | 09:26

Oil Majors Submit Proposals for Iran South Azadegan Project

EghtesadOnline: Total, Petronas and Inpex Corporation have presented development plans for the South Azadegan Oilfield, leading the line of international energy majors wanting to return to Iran's oil and gas industry after the lifting of economic sanctions last year.
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Publish Date:12/June/2017 | 05:30

Rise in Oil Exports to West

EghtesadOnline: Iran's oil exports to the West surged in May to their highest level since the lifting of sanctions in early 2016 and almost caught up with volumes exported to Asia, a source familiar with Iranian oil exports said.
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Publish Date:11/June/2017 | 07:42

Iran, Russia sign ‘revised’ oil-for-goods deal

EghtesadOnline: Russia says it has signed a revised contract with Iran over a much-debated and long-delayed scheme to barter crude oil with goods and commodities.
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Publish Date:03/June/2017 | 11:52

Lukoil to sign Iran oil deals 'within months'

EghtesadOnline: Russia’s energy giant Lukoil says it expects to sign oil project development contracts with Iran within the next few months.
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Publish Date:03/June/2017 | 11:50

Iran Oil Minister Sees 700,000 bpd Rise in Crude Output by 2021

EghtesadOnline: Oil Minister Bijan Namdar Zanganeh says Iran plans to raise crude oil output by 700,000 barrels per day in the long run, a decision that does not interfere with OPEC's short term reduced supply plans.
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Publish Date:03/June/2017 | 08:52

Domestic Companies Supply 80% of Petroleum Equipment

EghtesadOnline: Domestic companies manufacture 80% of equipment needed by the oil and gas industry, the managing director of the National Iranian South Oil Company (NISOC) said.
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Publish Date:31/May/2017 | 10:20

OMV Poised to Secure Iran Oil Contract

EghtesadOnline: Austrian integrated oil and gas company, OMV, is expected to secure the development rights for an oilfield in the southern Khuzestan Province.
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Publish Date:31/May/2017 | 10:15

MP Calls for Prioritizing Joint Fields' Development

EghtesadOnline: Tehran needs to step up efforts to raise production from joint oil and gas fields and attract foreign investment in the key petroleum industry, said the spokesperson for the Majlis Energy Commission.
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Publish Date:28/May/2017 | 08:24

Iran Oil Minister Positive About Contracts With Oil Majors

EghtesadOnline: Tehran hopes to sign groundbreaking deals with oil majors such as Total and Lukoil this year as the reelection this month of Hassan Rouhani to the presidency should boost investments.
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Publish Date:27/May/2017 | 09:19

Petroleum minister hails OPEC Meeting

EghtesadOnline: Petroleum Minister Bijan Zangeneh said that the recent OPEC Meeting in Vienna was smooth compared to those held over the past three years and there was consensus among the members.
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Publish Date:27/May/2017 | 05:02