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Iran needs EU’s modern oil technology

EghtesadOnline: Iran has defined $200 billion worth of projects in up/mid/downstream oil and gas sector. They will partly be carried out by foreign companies.
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Publish Date:25/July/2017 | 11:45

S Korea’s crude oil imports from Iran rise 10.5% in June

EghtesadOnline: South Korea’s crude oil imports from Iran increased 10.5% in June from a year earlier as Tehran continued to ramp up output after sanctions over its nuclear programme were lifted.
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Publish Date:25/July/2017 | 11:35

Venezuela replaces Iran as India’s key oil supplier

EghtesadOnline: The latest shipping figures show India’s purchases of crude oil from Iran in June dropped drastically but instead increased significantly from Venezuela as well as Iraq and Egypt.
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Publish Date:22/July/2017 | 10:29

Iran regains Europe market

EghtesadOnline: Iran's oil exports to European buyers reached their post-sanctions highs in May, official figures show noting that Iran's Europe oil exports have also neared oil exports to Asian countries.
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Publish Date:19/July/2017 | 24:49

Iran petroleum: Iran winner of Total deal

EghtesadOnline: A review of the international and technical conditions of Phase 11 shows that Iran is the winner of the international deal signed with Total Company to develop Phase 11 of South Pars gas field.
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Publish Date:19/July/2017 | 24:44

Iran crude oil output to reach 4 million bpd

EghtesadOnline: Iran has produced 3.8 million barrels of crude oil per day in recent months and it will reach to 4 million bpd by the end of the Iranian year, according to new analyses.
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Publish Date:19/July/2017 | 11:01

NIOC, Toyo ink MoU in oil

EghtesadOnline: National Iranian Oil Company (NIOC) and the Japanese firm Toyo signed a Memorandum of Understanding (MoU) for overhauling and production out of Salman gas field.
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Publish Date:17/July/2017 | 14:20

Iran aims to bolster oil and gas production by 2021

EghtesadOnline: Iranian deputy minister of Petroleum for Trade and International Affairs Amir Hossein Zamaninia announced that Iran intends to ramp up gas production by 202, Anadolu Agency reported.
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Publish Date:15/July/2017 | 24:32

Iran to Sign More Oil Deals "Within Weeks"

EghtesadOnline: The Iranian government is negotiating oil projects worth $200 billion with 27 foreign companies, deputy minister for international affairs, Amirhossein Zamaninia, said on Tuesday, and some of those deals could be struck very soon.
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Publish Date:15/July/2017 | 24:04

West Karoun Output to Rise by 1 mbpd

EghtesadOnline: Iran aims to boost the nominal output capacity of its shared oilfields with Iraq in an oil block known as West Karoun in Khuzestan Province by 1 million barrels a day from the present 320,000 bpd, the chief executive officer of the Petroleum Engineering and Development Company said.
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Publish Date:11/July/2017 | 07:58

Iraq Drills Oil Near Iran Border

EghtesadOnline: Iraq started drilling the first well in the Huwaiza oilfield near the Iranian border, which may contain 1 billion barrels in reserves, the Iraqi Oil Ministry said on Sunday.
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Publish Date:10/July/2017 | 08:24

Asian imports of Iranian oil surge in Jan.-May

EghtesadOnline: Imports of Iranian crude by its four main buyers in Asia jumped 30.5 percent in January-May 2017, government and ship-tracking data showed.
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Publish Date:09/July/2017 | 11:45

Petchem Development Impossible without Tapping FDI: Official

EghtesadOnline: The managing director of a major oil, gas and petrochemical investment company says without foreign direct investments (FDI), implementation of major petrochemical and energy projects in Iran would be impossible.
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Publish Date:09/July/2017 | 11:43

Iran’s 2016 oil exports up over 77%: OPEC

EghtesadOnline: Iran’s oil exports in 2016 reached 1.921 million barrels per day (bpd), a 77.6 percent rise compared to 2015, according to OPEC’s latest Annual Statistical Bulletin report.
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Publish Date:09/July/2017 | 11:26

Iran in Talks to Develop More Oil, Gas Deposits

EghtesadOnline: Oil Minister Bijan Namdar Zanganeh said serious negotiations are underway to develop Iran's hydrocarbon deposits, including Azadegan, Yadavaran and Yaran, major oilfields in the oil-rich Khuzestan Province.
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Publish Date:09/July/2017 | 08:20

Oil, Gas Infrastructures Require Major Overhaul

EghtesadOnline: Iran has an estimated $400 billion worth of physical assets in the petroleum industry, but low efficiency and high rates of incidents in the industry show the country's oil and gas infrastructures require a major overhaul, according to an Oil Ministry official.
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Publish Date:09/July/2017 | 08:19

Kardor: SP Phase 11 to earn $84b

EghtesadOnline: Managing Director of National Iranian Oil Company (NIOC) Ali Kardor says phase 11 of South Pars is expected to earn the country $84 billion.
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Publish Date:05/July/2017 | 24:16