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Iran exports 22.5m tons of petchem worth $12bn: official
A senior Iranian oil ministry official says exports of refined products derived from crude have topped 22.5 tons, generating an income of $12 billion a year for the country.
Oil Ministry hopes nuclear deal can hold as oil exports climb
With crude and condensate exports of around 2.5 million barrels per day (mbd), senior Iranian oil officials are hopeful the country's nuclear deal with Western powers will continue, despite the US threatening to withdraw.
Oil Ministry to finalize gas deal with Total soon
Iran is continuing serious negotiations with France's Total to finalize a $2-billion deal to develop South Pars Phase 11, said Oil Minister Bijan Namdar Zanganeh.
Oil Ministry hopes for new contracts by September
The new Iranian oil contract, known as Iran Petroleum Contract (IPC), will be finalized in the next one and a half months. The first contract is expected to be signed in three to four months’ time, the Deputy Oil Minister for International Affairs Amir Hossein Zamani-Nia said.
Oil Ministry to raise crude supply despite low prices
Oil Minister Bijan Namdar Zanganeh has reiterated Tehran's determination to increase oil production in the face of a downward spiral in global crude prices.
Oil Ministry to curb crude hydrocarbon export
Oil Ministry has announced long-term plans to greatly limit the export of crude hydrocarbon resources concurrent with the start of executive operations of Siraff gas condensates refinery in Assalouyeh, Bushehr province.
Oil Ministry supports domestic producers of oil industry hardware
Managing director of National Iranian Oil Company (NIOC) said Monday that Oil Ministry supports domestic producers of oil industry equipment.
Oil Ministry promoting energy conservation
The Oil Minister Bijan Namdar Zangeneh told a meeting Tuesday, 'In order to create an incentive for energy service companies (ESCO), a program with a budget of $1.2 billion has been launched to help them concentrate on improving utilities and building structures to make them more energy-friendly and cut costs,' Fars news agency reported.
Oil Ministry reduces liquid fuel storage to 1.8b liters
With the increase in gas supply to power plants, the country has lowered liquid fuels storage of these units by 1.8 billion liters since mid-March 2014.
Oil Ministry reduces liquid fuel storage to 1.8b liters
With the increase in gas supply to power plants, the country has lowered liquid fuels storage of these units by 1.8 billion liters since mid-March 2014.
Oil Ministry to export 20m tons of oil derivatives next year
Iranian Oil Minister Bijan Namdar Zanganeh announced that his ministry is planning to considerably increase the volume of the country’s oil derivatives exports in the next Iranian year (to start March 21).
Oil Ministry signs six contracts for exporting electricity
The Oil Ministry has signed six agreements with the private sector on increasing gas delivery to power plants to boost electricity generation and exports.
Oil Ministry positive Iran can weather $25 oil
Iran’s Oil Ministry has reiterated the country’s readiness to weather the global oil crisis.
Zanganeh elaborates on Oil Ministry plans
Oil Minister Bijan Namdar Zanganeh elaborated on the ministry's plans to reduce fuel consumption, improve gas supply, build mini LNG units and gather associated gases.

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