The director of engineering and construction at the National Iranian South Oil Company (NISOC) announced that the company’s crude oil desalination plant has reached progress of more than 90 percent and is expected to go operational in the current Iranian calendar year (ends on March 20, 2022).
Oil Minister Bijan Namdar Zanganeh says rising international oil prices won’t benefit producers in the long-run as he warns against impacts of the prices on the oil production economy.
The Organization of Petroleum Exporting Countries (OPEC) in its 181st meeting in Vienna on Thursday paid tribute to Iranian Oil Minister Bijan Namdar Zanganeh for his long-lasting contribution to the organization and the oil market.
Oil Minister Bijan Zangeneh stressed the development of trade and gas relations between Iran and Azerbaijan.
Iran's oil minister says increasing oil production brings economic and security power, said:" We can easily increase oil production to 6.5 million barrels per day."
Oil Minister Bijan Zangeneh on Saturday hosted a meeting with an Iraqi delegation here in Tehran on Saturday to discuss how to settle Baghdad's gas dues to Iran.
Managing Director of Kaveh Pars Mining Industries Development Company, which belongs to Iran’s Mostazafan Foundation, announced that one of the company subsidiaries has indigenized the knowledge for producing a special type of cement used for shotcrete in oil and gas field wells.
Iranian Petropars Group, which is in charge of developing the South Azadegan oil field, has inked a deal with a local contractor called Dana Energy Company for adding 10,000 barrels per day (bpd) to the field’s output capacity.
Managing director of the National Iranian Oil Company (NIOC) has announced the beginning of oil transfer operation through Goreh-Jask pipeline which is laid from Goreh oil terminal in the southwestern Bushehr Province to Jask oil terminal along the Gulf of Oman.
Iran, Russia and Syria have established an operations room to secure a safe and stable flow of oil supplies, wheat and some other essential materials to the Arab country via the Mediterranean, private sources have revealed to Sputnik Arabic.