The international department of the Iranian oil ministry signed an MoU with the representative board of Spanish firms in Tehran aiming to enhance oil and gas relations. The deal was signed on the sidelines of the 23rd Iran oil and gas show on Monday between Hossein Esmaeili Shahmirzadi, director general of the Europe, US and Caspian […]

 Iranian president said Tue. that oil industry has a special role in Iran’s internal and external affairs and plays an important role in Iran’s diplomacy and national power. Iranian President Hassan Rouhani made the remarks on Tuesday morning at the 23rd Iran International Oil, Gas, Refining & Petrochemical Exhibition (Iran Oil Show 2018) currently underway at Tehran […]

The Iranian oil minister said on Sunday that Iran’s role in the international oil market cannot be ignored, adding that Iran seeks reasonable price for crude oil in the market. Speaking at the opening ceremony of the 23rd Iran International Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show-2018) at Tehran International Permanent Fairground on […]

Chief of Trade Promotion Organization of Iran (TPOI) Mojtaba Khosrotaj said that export of non-oil commodities in the Iranian month of Farvardin (from March 21 to April 22) increased 15 percent as compared to the same period last year. Speaking in a ceremony to commemorate exemplary exporters of Isfahan Province, he put the nonoil export […]

TEHRAN- Oil, gas and petrochemical sectors as the driver of Iran’s economy require $200 billion of investments for development in the coming years, Oil Minister Bijan Namdar Zanganeh said on Tuesday. Speaking in a session of Majlis (Iranian parliament), the minister said if such investment is made in these sectors, national economy will witness a […]

TEHRAN – Oil Minister Bijan Namdar Zanganeh said Iran is not going to hand over the development of South Pars oil layer to Total since the French oil giant has taken over Danish Maersk’s oil division with which Iran was negotiating the project. Speaking to the press on the sidelines of a signing ceremony event […]

TEHRAN – Researchers at a knowledge-based company in the city of Mashhad designed crude oil disposal reinjection units which improve the quality of crude oil. The company was recognized as the second laureate in research and development section for their research work on crude oil disposal reinjection units at the 31st Khwarizmi International Award, which […]

Exports volume for Iran’s crude oil stands at two million and one hundred thousand barrels per day (mb/d) in March. The figure is expected to increase in April. China and India are the largest buyers of Iranian crude, with more than one million barrels in total. The figure is expected to reach nearly 1.3 million […]

TEHRAN – Iran’s oil customers in Asia and Europe shipped in 2.1 million barrels per day (bpd) of Iranian crude during March, IRNA reported on Monday citing the oil ministry. China and India were top importers of Iranian crude oil in the mentioned period importing over one million bpd together. The oil ministry expects the […]

Iranian oil Minister Bijan Namdar Zanganeh landed in Indian capital New Delhi early on Wednesday to participate in 16th International Energy Forum (IEF). During his daylong stay in India, he is going to meet with his Indian counterpart and also delivers speech in the ministerial meeting of OPEC (Organization of Petroleum Exporting Countries) member states. […]