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Russia: US sanctions will not affect Moscow-Caracas cooperation
Feb 19, 2020 04:24U.S. government announced that it had imposed sanctions against a subsidiary of Russian oil producer Rosneft and its vice president due to their alleged support for Venezuela in sanctions evasion.
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Iran's oil Rig called 'Rig 72 Fath' inaugurated in Khuzestan
Feb 18, 2020 17:41Tehran (IP) - Iranian Minister of Petroleum Bijan Zangeneh has inaugurated a domestically-built drilling oil Rig called 'Rig 72 Fath' in Southern city of Ahvaz in Khuzestan province, southwestern Iran on Tuesday.
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Oil Minister: Iran produces 1,000 million cubic meters of gas per day
Feb 16, 2020 14:00Tehran (IP) - Iranian Minister of Petroleum said that the Islamic Republic produces 1,000 million cubic meters a day of natural gas.
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$40 billion investment opportunity in Iran's petrochemical industry: Petroleum Minister
Feb 15, 2020 11:27Tehran (IP) - Iran's petroleum minister has stressed that there is an investment opportunity worth $40 billion in the petrochemical industry, noting that $30 billion should be invested in the petrochemical industry within the next five years.
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Parsi, Paranj oilfields to rise $6 billion to Iran petro-income: Oil Minister
Feb 08, 2020 14:17Tehran (IP) - Iranian oil minister said with Parsi and Paranj oil projects the country's exploration will be increased up to 120 million barrel which will add $6 billion of income to the country petro-income.
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Iran hosts first exhibition of downstream oil, gas and petrochemical industries
Feb 02, 2020 21:07Tehran (IP) - Over 75 companies attending the first exhibition of downstream oil, gas and petrochemical industries aims at creating opportunities for cooperation of private sectors and government in the oil, gas and petrochemical sector. 104/205
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Ministry of Petroleum official: Private sector counters sanctions
Feb 02, 2020 19:29Head of Iran's Ministry of Petroleum Policy Council said that the private sector in the petroleum products has reached a good level in production and also manufacturing oil industrial installations.
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Iran's OPEX: Petrochemical export is able to reach 12 Billion dollars
Feb 02, 2020 18:58Tehran (IP) - Iranian Oil, Gas and Petrochemical Products Exporters' Union chairman of the board said that there is capability in this section to meet the neighbor's needs and reach to 12 Billion Dollars value of exports.
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Final South Pars Phase 14 platform installed
Feb 02, 2020 14:59Bushehr (IP) - The final South Pars Phase 14 platform was installed in Bushehr, southern Iran, by Iranian experts on Saturday, February 1, on the first day of 10-Day Dawn occasion.
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Iran to have major leap in oil industry by 2022
Jan 25, 2020 21:57Tehran (IP) - Iran's Minister of Petroleum said that the country's oil industry will be witnessed a major leap by 2022.
