Petroleum industry is key to economic development in every country. Some pivotal roles of petroleum industry include its contribution to the materialization of the macro-objectives of...

Head of the Italy Desk of the 2016 World Conference of Mayors and Councilors says Italian companies are keen on investing in Irans energy projects including renewables.

Managing Director of National Iranian Oil Company (NIOC) Ali Karder said on Monday that contracts for development of a number of Iranian fields will be either buy-back or Engineering, Procurement, Construction and Financing Contract (EPCF) in nature.

Head of the Dispatching Unit in National Iranian Gas Company Abdolreza Ebrahimian says up to 12 billion cubic meters of gas will be injected to oil reserves by March 20, marking end of the current Iranian calendar year of 1395.

Gas will be exported to the neighboring countries from the 7th gas transfer zone in the near future once the 6th nationwide gas transfer line and 9th nationwide gas transfer line are operational.

The Iranian Ministry of Petroleum selected 8 Iranian companies as local partners for international energy majors interested in investing in Irans oil and gas fields in the post-sanctions setting.

Managing Director of the Ports and Maritime Organization Mohammad Saeednejad says Persian Gulf oil port will be turned into hub of energy and fuel.

Director general of the Industry, Mines and Trade Administration of Mazandaran Province in northern Iran said the country is mulling construction of a refinery with Kazakhstan in Amir Abad port of the province.

National Iranian Oil Refining and Distribution Companys (NIORDC) Director of CNG Stations, Amir Vakilzadeh, says Georgia can be the main route of Irans exports to European markets.

Minister of Petroleum Bijan Zanganeh says Summer will be the time for the first phase of tender to introduce 10 or 15 fields with common fields having the priority.