Knowledge-based firms play prominent role in indigenizing oil industry’s equipment

TEHRAN- Strengthening domestic production and indigenizing the knowledge and technology for production of the products and equipment that Iran imports from other countries has become one of the major programs that the country is pursuing in recent years.

‘Oil Ministry utilizing high scientific capacities of universities’

TEHRAN- Iran’s deputy oil minister for engineering, research and technology affairs said Oil Ministry is utilizing the high scientific capacities of the country for implementation of its projects, Shana reported.

Oil ministry to hold innovation event in mid-Dec.

TEHRAN – Iranian Oil Ministry plans to hold the country’s first innovation event in the oil industry, in mid-December, Shana reported.

BY: Ebrahim Fallahi

A review on govt. plan to barter oil for dues to private sector

TEHRAN – The regulatory body of the government has been recently preparing the draft for a bartering system which is set to settle the government dues to the private power plant owners and electricity contractors.

‘Oil Ministry’s blockage of water to Hour al-Azim a big lie’

TEHRAN — Preventing flood water from entering Hour al-Azim wetland by the Oil Ministry is a “big lie”, Oil Minister Bijan Zanganeh has said, IRNA news agency reported on Friday.

NIORDC to inaugurate 20 development projects worth €1.6 b in 10 days

TEHRAN- National Iranian Oil Refining and Distribution Company (NIORDC) will inaugurate 20 development projects worth €1.6 billion (35 trillion rials, which equals €744.6 million, plus €861 million) during the Ten-Day Dawn (February 1-10, marking the victory anniversary of the Islamic Revolution), IRNA reported on Friday.

Municipalities, Oil Ministry join hands to improve public transport

TEHRAN — Mayors of 9 Iranian metropolises and Iran Fuel Conservation Company, affiliated to Ministry of Oil signed a memorandum of understanding on Tuesday to jointly improve public transport in the megacities.

Oil Ministry bans importing certain oil industry equipment

TEHRAN – Iranian Oil Ministry has passed an order to ban the import of 84 items among oil industry equipment which could be produced inside the country, IRIB reported.

Oil Ministry imposing 4-year service term limit for top directors

TEHRAN- According to a new order by Iran’s Oil Minister Bijan Namdar Zanganeh, a four-year service term limit will be imposed for the ministry’s senior directors since October 23, Shana news agency reported.

Bitumen exports subject to permit from oil ministry

Tehran – Iran’s cabinet has passed a directive to subject bitumen exports to obtaining permit from the oil ministry.

Oil Ministry announces priorities

TEHRAN – Developing joint oil and gas fields while paying especial attention to environmental protection are among the main priorities of the Iranian Oil Ministry for the next four years.

Clean air bill: Responsible bodies assigned to combat pollution

TEHRAN — Following the approval of general outlines of the clean air bill on October 23, 2016, Majlis (the parliament) has tasked responsible organizations and executive bodies with combating and eliminating air pollution.

Total to sign $6b gas deal with Iran Tuesday

Iran will sign a deal with France's Total on Tuesday for the development of gas production at the South Pars field in the Persian Gulf, the Iranian oil ministry said.