Iranian Oil Ministry has set up a new initiative to support domestic manufacturers by guaranteeing purchase of their quality items needed in the petroleum industry. Addressing the first innovation event of the Iranian Oil Ministry, dubbed ‘Petroleum Takeoff’, on Monday morning, Oil Minister Bijan Namdar Zanganeh said, “The first phase of nine contracts in the […]

Despite the tightening of sanctions, exports of Pars Petrochemical Plant have increased by 21.5 percent in the past eight months of this year compared to the same period last year, according to its CEO. Speaking to reporters, as quoted by Shana, Massoud Hassani said the process of production and export of Pars Petrochemical Plant had […]

Overhaul operations of 22 offshore platforms in the giant South Pars Gas Field have come to an end after 160 days. Head of Production Operations at the Pars Oil and Gas Company (POGC) said Tuesday the annual overhauls were aimed sustainable and sufficient supply of gas in different seasons, especially in the winter. Hadi Fakhrzadeh […]

TEHRAN, Apr. 15 (MNA) – The director for gas supplying in National Iranian Gas Company (NIGC) Saeid Mo’meni said that the first phase of supplying gas to Chabahar Power Plant will be put into operation in the very near future. Transferring one million cubic meter of gas per day has been cited as the main […]

TEHRAN, Apr. 04 (MNA) – Yuri Ushakov senior aide to the Russian President announced that Russia’s oil and gas companies can make huge investment, valued at more than $50 billion, in development of Iranian oil and gas fields. Given the above issue, Russia’s oil and gas giants are able to make huge investment for the […]

TEHRAN, Jan. 24 (MNA) – Iran’s export of oil to India’s leading refiner “Essar Oil” doubled in Dec. 2017. Given the above issue, Iran exported more than 139,000 barrels of oil per day (BPD) to India in the same period, the report added. According to Vessels’ Tracking Information Center, Indian Essar Oil’s privately-funded Refinery imported […]