Iranian Petroleum Minister Bijan Namdar Zanganeh underlined on Friday that the volume of Iran’s oil export has witnessed a sharp increase in recent days. The minister told reporters on the sideline of the 25th Oil, Gas, Refining and Petrochemical Exhibition that the US-imposed sanctions regime against Iran’s oil industry failed …
Read More »25th Iran Oil Show Opens in Tehran
The 25th Iran Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show) opened at Tehran Permanent International Fairgrounds on Friday and will go through Monday January 25. The four-day exhibition was inaugurated by Oil Minister Bijan Namdar Zanganeh in a ceremony attended by private sector industrialists, representatives of the parliament …
Read More »Iran Seizes 45,000 Bitcoin Miners for Illegally Using Subsidized Government Electricity
Police in Iran have reportedly seized 45,000 bitcoin mining rigs for illegally using subsidized electricity from the state-owned power utility Tavanir, the local Tasmin News Agency reported this week. According to Mohammad Hassan Motavalizadeh, head of Tavanir, the efficient application-specific integrated circuit (ASIC) bitcoin miners had been consuming 95 megawatts …
Read More »Iran to Increase Non-Oil Exports to Caucasus
Iran’s non-oil exports to the Caucasus region will boom as Armenia is more interested in importing products from Iran rather than Turkey, a commercial official said. “Armenia’s interest in increasing imports from Iran instead of Turkey is considered as a golden opportunity for Iranian traders so that they should take …
Read More »Iran’s Largest Oil Field to be Developed by KAC HQ
General Saeed Mohammad announced that the development project of the Ahvaz oil field as the third-largest oil field in the world and the Reshadat oil field will be carried out by Khatam al-Anbiya construction Headquarters. The development project of Ahvaz oil field as the third-largest oil field in the world …
Read More »Iran Signs 8 more Oil Projects as Part of Plan to Boost Output by 355,000 b/d
The National Iranian Oil Co. on Jan. 11 signed eight more oil projects as part of a $6.2 billion national program started in January 2019 to boost oil production by 355,000 b/d at 33 fields. Eight projects worth $1.2 billion were signed on Jan. 11, potentially boosting oil production by …
Read More »NIOC Inks Deals Worth €1.2b to Boost Oil Output
The National Iranian Oil Company (NIOC) signed eight deals worth €1.2 billion with domestic companies on Monday for developing the country’s oil fields, Shana reported. The deals were signed in a ceremony attended by senior oil industry officials including the Oil Minister Bijan Namdar Zanganeh. The mentioned contracts were inked …
Read More »Iran’s Production of Steel Ingot Surpasses 21.6 Million Tons
Iran’s production of steel ingot gas reached 21,650,100 tons in the first nine months of the Iranian year (started on March 20, 2020), which shows an 8.3-percent rise compared to the same period last year. According to the tables published by the Ministry of Industry, Mining, and Trade, production of …
Read More »Iran to Start Producing Oil from Azar Joint Field Soon
The first phase of Azar join oilfield will become productive soon, Head of Oil Industries Engineering and Construction (OIEC) Group Gholamreza Manouchehri announced. “Given the 97 percent progress of the joint field’s development plan, the first phase of this project is being operated and will be officially inaugurated soon,” Manouchehri …
Read More »Tehran to Host IRAN Oil Show on Jan. 22-25
The 25th edition of Iran International Oil, Gas, refining & Petrochemical Exhibition dubbed “IRAN Oil Show” will be held at Tehran Permanent International Fairgrounds on Jan. 22-25, 2021. This prestigious international exhibition will be held in Tehran given the license issued by the Ministry of Industry, Mine and Trade as …
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