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Latest National Iranian Oil Company Stories

2008-06-30 09:03:28

Iran's daily oil output hits record of 4.23 million barrels: report TEHRAN, June 29 (Xinhua) -- Iran's daily oil production has hit a record of 4.23 million barrels per day (bpd), Iran's English- language satellite channel Press TV reported on Sunday. "Iran produced 4.23 million barrels of oil on June 27," Managing Director of the National Iranian Oil Company Seifollah Jashnsaz was quoted as saying on Sunday. He said Iran aims to raise its daily oil production to 4.28 million bpd by...

2008-06-27 12:03:03

Text of report by Syrian government-owned newspaper Al-Thawrah website on 25 June [Report by Bassam Ziyud: "Al-Allaw: 88 Per cent of the land is under exploration"] Oil and Mineral Resources Minister Engineer Sufyan al-Allaw said his ministry is expanding explorations to increase production and developing oilfields and refineries. He said the potential oil and gas reserves in Syrian land are estimated at 30.5 billion barrels of oil and 2,180 billion cubic meters of gas; that is, a total...

2008-06-25 09:03:19

Text of report by Iranian official government news agency IRNA Ardabil, 24 June: The governor-general of Ardabil Province said: The government will invest 141.8m dollars in oil exploration and development projects in Dasht-e Moghan. On Tuesday [24 June] Ali Nikzad reported: This amount will be invested during the first phase of development in the Moghan oil field. He said: 40.3m dollars, of this amount, has been allocated to the exploration stage, including collecting, processing and...

2008-06-25 09:03:19

Iran to boost Azadegan oilfield output to 170,000 bpd TEHRAN, June 23 (Xinhua) -- National Iranian Oil Company (NIOC) board of directors approved a plan to raise the daily production of Azadegan oilfield from 20,000 barrels to 170,000 barrels, local media reported on Monday. "First phase of Azadegan oil field's early production plan has been completed and at present the field's average production capacity is about 15,000-20,000 barrels per day," Gholam Reza Hassan Beiglou, managing...

2008-06-25 09:03:18

Myanmar, Thai companies sign gas sales pact YANGON, June 23 (Xinhua) -- Energy authorities of Myanmar and two Thai oil companies signed a deal in Nay Pyi Taw Monday on sale of natural gas produced in M-9 block in Myanmar's Mottama offshore area, the state-run Myanmar Radio and Television reported in a night broadcast. The basic contract on sale of gas from the offshore block was signed between Myanmar's state-run Oil and Gas Enterprise, Thailand's PTTEP International Ltd. and the PTT...

2008-06-21 06:00:19

Text of report by Iranian state-run provincial TV from Khuzestan on 20 June The managing director of Karun Oil and Gas Company [Mr Mojtahedi] has said that the company's production has exceeded 1,050,000 barrels per day. Mojtahedi said the production increase took place in the first three months of the current [Iranian] year [20 March - 20 June], and added that the company's crude oil comes from the following six oilfields: Ahvaz, Mansuri, Abteymur, Ramin, Darkhoveyn and Azadegan. On...

2008-06-18 15:00:39

Text of report in English by Iranian conservative news agency Mehr Tehran, 18 June: The offshore drilling operations of the phase 12 of the South Pars gas field will be started in two days, Iran's oil minister said here on Wednesday [18 June]. Gholamhoseyn Nowzari added the onshore drilling operations of will also commence in two weeks. Speaking to reporters on the sidelines of the cabinet session, the minister announced that the phase 12 has the oil production capacity tantamount to 3...

2008-06-16 12:00:56

Natural gas tops Myanmar exports in 2007-08 YANGON, June 15 (Xinhua) -- Natural gas topped Myanmar's exports in the fiscal year of 2007-08 which ended in March with 2. 594 billion U.S. dollars, according to latest statistics of the country's Customs Department. The natural gas exports, up 27.7 percent from 2006-07's 2.03 billion dollars, represented 42.9 percent of the total exports during 2007-08. The natural gas was followed by agricultural produces (1.14 billion dollars), gem...


Word of the Day
tessitura
  • The prevailing range of a vocal or instrumental part, within which most of the tones lie.
This word is Italian in origin and comes from the Latin 'textura,' web, structure.