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80% of Gas Injection Plan to Sarajeh Field Complete
 

80% of Gas Injection Plan to Sarajeh Field Complete

TEHRAN (Shana) -- Iranian Central Oil Fields Company (ICOFC) has completed 80 percent of its gas injection plans to Sarajeh Field in Qom, ICOFC CEO sa...

3rd Train of SP.13 Gas Sweetening Unit Online by Sept. 29
 

3rd Train of SP.13 Gas Sweetening Unit Online by Sept. 29

TEHRAN (Shana) -- The third gas sweetening train of the South Pars Phase 13 (SP.13) Refinery will come on-stream on Saturday, September 29, 2018, Pars...

PEDEC Inks Deal with Domestic Firm to Build Oil Storage Tanks
 

PEDEC Inks Deal with Domestic Firm to Build Oil Storage Tanks

TEHRAN (Shana) -- Iran's Petroleum Engineering and Development Company (PEDEC) struck a BOT contract with a domestic firm for construction of 10-m...

Iran Eyes Enhanced Gas Output by January 2019
 

Iran Eyes Enhanced Gas Output by January 2019

TEHRAN (Shana) -- Iran is expecting addition of 3 billion cubic feet of natural gas added to its daily production capacity by launching new South Pars...

Trump, Prime Culprit of Rising Oil Prices: Zanganeh
 

Trump, Prime Culprit of Rising Oil Prices: Zanganeh

TEHRAN (Shana) -- Iranian Minister of Petroleum Bijan Zanganeh said the main culprit of high oil prices was US President Donald Trump and his disrupti...

Trump Tweet Biggest Insult to US Allies in ME: Iran
 

Trump Tweet Biggest Insult to US Allies in ME: Iran

TEHRAN (Shana) -- Iranian Minister of Petroleum Bijan Zanganeh said US President Trump's recent tweet on oil prices was the biggest insult to Wash...

NISOC Launches Smokeless Flare in Khuzestan
 

NISOC Launches Smokeless Flare in Khuzestan

TEHRAN (Shana) -- The National Iranian South Oil Company (NISOC) launched a smokeless gas flare in Ahwaz, southwestern Iran, in a push to fulfill its ...

Bringing Iran Oil Exports to Zero Impossible: MP
 

Bringing Iran Oil Exports to Zero Impossible: MP

TEHRAN (Shana) -- A member of the Iranian parliament said, "Bringing Iran's oil exports to zero is practically impossible." Acco...

ExxonMobil Advances Liza Phase 1 Development
 

ExxonMobil Advances Liza Phase 1 Development

Development drilling commences, facility construction under way; first oil in 2020 Production from three developments to exceed 500,000 barrels per ...

Iran Oil Sales Never Reach Zero: Veep
 

Iran Oil Sales Never Reach Zero: Veep

TEHRAN (Shana) -- "Saying that the US will bring Iran's oil exports to zero is an irrelevant statement," said First Vice President Eshaq...

Record fast-track development
 

Record fast-track development

On 2 September the Visund Nord IOR (improved oil recovery) project came on stream, two months ahead of schedule. The project has further been delivere...

No Stop in Iran Oil Production, Exports under Sanctions: MP
 

No Stop in Iran Oil Production, Exports under Sanctions: MP

TEHRAN (Shana) -- A member of the Iranian parliament said, "During eight years of the imposed war, we managed to export our oil in any way, and o...

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