"Gas OPEC" to select secretary general in October
Gas Exporting Countries Forum (GECF) failed to elect its secretary general postponing the topic to the October meeting. The 8th ministerial meeting of the GECF was to introduce the secretary general of the forum but left it for October because some member states asked for more time to make their choice. - 7/1/09
Iran saves oil tanker from Somali pirates
An Iranian Navy warship patrolling the volatile Gulf of Aden has managed to save one of the country's giant oil tankers from the clutches of Somali pirates. - 6/30/09
Malaysia, China to develop Iran's Resalat oilfield
Malaysian Amona Company, China Oilfield Services Limited (COSL), and China National Offshore Oil Corporation (CNOOC) will cooperate in the development of Resalat oilfield, the Iranian Offshore Oil Company's managing director said in Tehran on Sunday. - 6/29/09
Iran's First Nuclear Power Plant Moves Closer to Operation
Iran has finished building its first nuclear power plant located south of the Persian Gulf city of Bushehr. It is expected to undergo testing soon before it becomes fully operational later this year. The plant was completed with significant assistance from Russia and took 35 years to build. - 6/10/09
Energy fuels new 'Great Game' in Europe
The giant Russian energy company, Gazprom, which controls the world's largest reserves of natural gas, has issued a stark warning to the European Union saying it must decide if it wants to continue receiving supplies of Russian gas. - 6/10/09
Shell, Repsol offer new cooperation in Iran's South Pars project: Oil Minister
Iran's Oil Minister Gholam Hossein Nozari said on Tuesday Shell and Repsol are willing to take part in production of two phases of South Pars gas field. - 6/9/09
Iran exports LPG to Indonesia
Iran exported the first liquefied petroleum gas (LPG) produce of the South Pars phases 6, 7 & 8 development plan to Indonesia, the development project manager said here on Sunday. - 6/7/09
Iran Signs Major Gas Deal With China; Is Europe Next?
Iran has found its long-sought-after partner to help develop part of the world's largest natural-gas field, even as the possibility of linking it to a future pipeline to Europe seemed to rise. - 6/6/09
Iran signs giant oil deal with China
Tehran has replaced France's Total with a Chinese company to develop phase 11 of Iran's South Pars gas field. An Iranian delegation headed by managing director of the National Iranian Oil Company (NIOC) Seyfollah Jashnsaz, which is on a visit to Beijing, has finalized the deal with China National Petroleum Corporation (CNPC) today - 6/3/09
Iran plans to drill first exploratory well in Caspian Sea
Oil Minister Gholam-Hossein Nozari has announced that Iran plans to drill an exploratory well in the Caspian Sea as the preliminary step for the construction of the Iran-Alborz semisubmersible drilling rig. - 6/2/09
Iran ready to start pumping gas to Switzerland
Iranian Deputy Oil Minister for International Affairs Hossein Noghrehkar Shirazi said on Tuesday Iran is ready to start pumping gas to Switzerland as soon as Bern-Ankara agree on gas delivery through Turkey. - 6/2/09
Iran's oil exports reached 30-year peak during March 2007-2008
Deputy Oil Minister for Production Affairs Seyfollah Jashnsaz said here Monday that more than 900 million barrels of crude were exported in the Iranian year 1386 (March 2007-08), the highest in the past 30 years. - 6/1/09
Iran starts construction of Pars gas pipeline
Iran has launched construction of Pars gas pipeline that reaches Europe through Turkey. The 1,740-kilometre pipeline is to transfer Iran’s natural gas to Greece, Italy and other European countries passing from Turkey - 5/30/09
Gazprom keen on Iran-Pakistan pipeline
Gazprom is interested in participating in a pipeline project to carry Iranian gas to Pakistan, a Russian daily cites company and government officials as saying. - 5/28/09
Oil prices forecast to gradually rise to over $60 per barrel
The quarterly average price of oil is expected to rise steadily through to the end of the year as global demand rises faster than production, according to the latest reference case forecast from the Center for Global Energy Studies (CGES). - 5/28/09
Iran, Pakistan Sign Gas Pipeline Deal
Iran and Pakistan signed a deal on Sunday for laying of a gas pipeline to transfer Iran's gas to Pakistan. The deal known as "Peace Pipeline" was signed on the sidelines of the current tripartite summit on Afghanistan security in Tehran. - 5/24/09
Iran to sign $1.5B oil deal with Italy's Eni
Iran is to sign a USD 1.5 billion deal with Italian energy firm Eni for the development of the third phase of Iran's Darkhovin oil field. - 5/21/09
Iran may assume Gas Forum secretary general post: Oil Minister
Iranian Oil Minister Gholam-Hossein Nozari said on Monday Iran will likely assume the post of secretary general of Gas Exporting Countries Forum (GECF) in case there is a lack of consensus on the issue. - 5/18/09
Iran Petrochemicals Report Q2 2009 - companiesandmarkets.com adds new report
The Iranian petrochemical industry will not escape the effects of the global economic crisis, with the latest Iran Petrochemicals Report noting lower output growth and slower progress on projects currently underway or planned. - 5/13/09
New Pipeline To Deliver Iranian Gas To Armenia
Armenia is set to begin receiving natural gas from Iran for the first time this week, a key development for a country heavily dependent on Russian energy. - 5/13/09
Iran oil output surpasses 4.3 million bpd
Iran's oil production has passed 4.3 million barrels per day, announces the head of the National Iranian Oil Company (NIOC). Iran has the second largest gas reserves in the world after Russia and the second largest petroleum reserves in the world after Saudi Arabia. - 5/12/09
"Gas OPEC" to officially begin activity in July
The Gas Exporting Countries Forum (GECF) will officially begin its activity in July after naming its secretary general at the upcoming Doha meeting in late June, Iran's representative to GECF stated on Sunday. - 5/10/09
EU Meeting Focuses On Energy Links With 'Southern Corridor'
The European Union is hosting talks in Prague aimed at establishing long-term energy and transport links with the Middle East and Central Asia. The "Southern Corridor" summit brings together leaders and ministers of the EU and Azerbaijan, Georgia, Turkey, Turkmenistan, Uzbekistan, Kazakhstan, Egypt, and Iraq. Two major regional players are missing -- Qatar and Iran. - 5/8/09
US and Iran agree to cooperate in how Iranian gas exports will be made available to western markets
Back-channel discussions between the United States and the Revolutionary Government of Iran show agreement on southern export terminus for Iranian natural gas sales free of Russian pipeline dominance -GLG - 5/7/09
The Nabucco Carrot and U.S.-Iran Engagement
For years, analysts have argued that the Nabucco natural gas pipeline -- a U.S.-backed effort to transport gas from the Caspian Sea to Europe via Turkey, thus bypassing Russia -- needed to accept gas from Iran if it was to be economically viable. -WPR - 5/6/09
Iran can meet Europe's growing energy needs: Oil Minister
Iran can play a key role in meeting Europe's rising energy needs amid falling gas production on the European continent, Iranian Oil Minister Gholam-Hossein Nozari told IRNA in Berlin on Tuesday. - 5/5/09
China's Sinopec may join Persian LNG project: NIGEC head
China's Sinopec may take 20 percent stake in Iran's Persian LNG project, the National Iranian Gas Export Company's managing director said here on Monday. - 4/28/09
Iran to drill its first oil well in Caspian Sea
Iran plans to start excavation in its northern oil-rich region, Caspian Sea, beginning on May 15. This will make Iran's first time oil exploration in Caspian Sea, said Iran's North Drilling Company Managing Director Asghar Rafiei -ISNA - 4/27/09
Iran OKs 10 foreign companies' presence in 6 oil fields
Iran has allowed 10 European and joint Iranian-European companies to attend in bids for expanding 6 oil fields in the country under by-back conditions, said Managing Director of National Iranian Oil Company (NIOC) for Central Regions Ali Reza Zeighami. - 4/27/09
Iran, Iraq reach agreement on setting up oil pipeline
Deputy Oil Minister Noureddin Shahnazizadeh said Thursday Iran and Iraq have reached agreement on setting up oil pipeline from Basra, southern city of Iraq, to Iran's southwestern city of Abadan. - 4/23/09
Iran's oil revenues hit $9b in Q1: EIA
Iran's oil export revenues stood at nearly $9 billion in the first quarter of 2009, according to statistics released by the Energy Information Administration (EIA) of the U.S. Department of Energy. - 4/22/09
14th International Oil Show kicks off in Tehran
The 14th International Exhibition of Oil, Gas and Petrochemicals (Oil Show) began on Tuesday in the presence of First Vice-President Parviz Davoudi and Oil Minister Gholam Hossein Nozari. - 4/21/09
Iran Oil Minister rejects new deal with UAE's Crescent
Executive Director of the Crescent Petroleum Group Majid Hamid Jafar claimed Tuesday that it had agreed with Iran to increase the price for gas imports from the country. -ISNA - 4/19/09
Iran to inaugurate world's biggest oil recovery project
The world's largest enhanced oil recovery (EOR) project, costing $300 million, will soon come on stream at the Aghajari oilfield in southwestern Iran, the Aghajari Oil and Gas Company managing director said on Friday. -Tehran Times - 4/18/09
Iran, Kuwait hold gas talks
National Iranian Gas Export Company (NIGEC) held talks with Kuwait Petroleum Company (KPC) in Tehran on Wednesday to export 300 million cubic feet of natural gas to Kuwait per day. - 4/17/09
Iran, Germany enhance gas cooperation
Iran and Germany agreed cooperation on Compressed Natural Gas (CNG) equipment, downstream gas industries and refinery, the Manger of National Iranian Oil Company Dispatching Center Hassan Torbati said - 4/16/09
Iran set to sign 2 gas deals worth $7b
IOOC Managing Director Mahmoud Zirakchianzadeh said here on Tuesday that the Iranian company is in the final stages of talks with a European company and India's Oil and Natural Gas Corporation (ONGC) over the two gas deals. - 4/15/09
Iran will join nuclear reactor builders
"In the next ten years Iran will be among the countries in the world that build nuclear reactors," Mohammad Saeedi, the AEOI deputy director for international affairs and planning, told a ceremony held to mark National Nuclear Day in Qom. - 4/13/09
Iran, Pakistan to finalize IPI gas pipeline deal
A Pakistani delegation is to arrive in Tehran next week to finalize the Iran-Pakistan-India pipeline deal based on the new price formula suggested by Iran and approved by Pakistan's cabinet on April 10. - 4/13/09
Persian gas pipeline being studied: Oil Minister
The Persian Pipeline is to link Iran to Italy and Greece by crossing Iraq, Syria and Mediterranean Sea, he said at a press conference and added feasibility studies on the project have been started since 7 months ago -ISNA - 4/12/09
Iran masters all stages of uranium enrichment
With the inauguration of the nuclear Fuel Manufacturing Plant (FMP), which produces uranium pellets and rods used in reactors, Iran has now mastered all stages of the uranium enrichment process and completed construction of all the facilities necessary for this work. -MNA - 4/11/09
Ahmadinejad inaugurates nuclear fuel manufacturing plant
Iranian President Mahmoud Ahmadinejad on Thursday inaugurated the nuclear fuel complex (FMP) in Esfahan which produces uranium pellets and rods used in reactors. - 4/10/09
Iran to build two power plants in Iraq
The Iraqi government unveils a plan to build two power plants with the help of Iran to generate electricity in the war-torn country. The agreement was reached between Iraqi officials and Iran's Energy Minister Parviz Fattah in Baghdad on Wednesday. -Press TV - 4/10/09
Producing solar energy on agenda: Iran's Science Minister
Referring to Supreme Leader's nomination of current (Iranian) year (1388, started on March 20th) as Year for Improving the Consumption Pattern, the Science, Research and Technology Minister Parviz Zahedi, who is visiting Shadegan Township in Isfahan Province as the special envoy of the president, announced the news at the Administrative Council of Shadegan. - 4/9/09
Shell, Repsol to meet deadlines on South Pars deal
The National Iranian Oil Company has warned Royal Dutch Shell and Repsol to submit their plans of action for the South Pars gas field and the Persian LNG projects in the next one and a half months, otherwise they will be replaced by other qualified companies. -MNA - 4/9/09
Iranian Leader Backs Kazakh Proposal For Nuclear Fuel Bank
Iran and Kazakhstan both possess huge oil reserves, so it was expected that Iranian President Mahmud Ahmadinejad’s visit would focus on exports of Kazakh oil through Iran. But the most sensational energy news to emerge from the Iranian leader's visit concerned not oil, but nuclear power. -RFE - 4/8/09
Nabucco gas pipeline not to be implemented without Iran: Oil official
Iran's Deputy Oil Minister for International Affairs Hossein Noghrehkar Shirazi said Nabucco project would not be implemented without Iran. The project is to send Asia's gas to European markets through Turkey. The pipeline is 330 kilometers long and is expected to cost 7.900 billion euros. - 4/8/09
Nuclear Fuel Manufacturing Plant of Isfahan to be inaugurated on April 9
Iran's President Mahmoud Ahmadinejad is scheduled to pay a visit to active centrifuges and technological development of Natanz uranium enrichment facilities and then will inaugurate the FMP during his 55th provincial tour in Isfahan. - 4/8/09
7 rich oilfields explored in Iran
National Iranian Oil Company's managing director announced in Tehran on Tuesday that seven new rich oilfields with high in-situ reserves has been explored in Iran. - 4/7/09
Seminar on wind energy to open in Tehran on May 4
A seminar themed 'Investment Opportunities of Wind Energy' will be held here on May 4 in cooperation with Renewable Energies Organization. - 4/5/09
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