Iran | Egypt Oil & Gas - Part 5
Iran’s South Pars Refinery to Come Online Soon
Iran’s South Pars Refinery should come online soon, said Mohsen Khojastehmehr in a televised interview, who added that the country’s gas output capacity is anticipated to expand by 500 million cubic meters per d...
Iran Announces It is Capable of Ramping Up Oil Production to 7.4 mmbbl/d
Iran has the capacity to produce 7.4 million barrels of crude oil per day, according to the head of the office of the Supreme Leader’s economic division. Adding: “We are an oil country, we cannot lag behind the ...
NIOC Announces Iran Crude Oil Prices for September Delivery
The cost of light crude oil, heavy crude oil, and Forouzan crude for sale in September has been fixed by the NIOC’s international affairs division at $9.50, $6.30, and $6.40, respectively, over the average oil p...
Iran to invest $7bn in Azadegan Oilfield Development
Javad Owji, the Iranian Minister of Petroleum, said $7 billion would be invested in the Azadegan Oilfield, the majority coming from Iranian banks, development companies, and the National Development Fund of Iran (NDFI...
Venezuela Receives Its Second Iranian-Built Tanker.
In the presence of the presidents of Iran and Venezuela, SADRA (Iran Marine Industrial Company) handed over the second Aframax tanker built by the company. Iranian and Venezuelan presidents were connected via video co...
Iran to Restart a Gas Pipeline to Oman
During his visit to Oman, Iranian Petroleum Minister Javad Owji agreed to revive a pipeline project to pump gas from Iran to the country, IRNA reported. The mega gas project – one of the biggest regional energy projec...
Iran’s CIOFC to Raise Natural Gas Production by 100 mmcm in 2026
The CEO of the Central Iranian Oil Fields Company (CIOFC) Mehdi Heidari announced his company’s plan to intensify gas production by 100 million cubic meters (mmcm) by the end of the Iranian calendar year 1404 (e...
NISOC Production Grows by 600,000 bbl/d During Raisi Administration
The CEO of the National Iranian South Oil Company (NISOC) announced that its field production has grown by 600,000 barrels per day (bbl/d) under the Raisi administration, Shana news agency stated citing IRNA. NISOC CE...
