Expansion of Iran’s Persian Gulf Star refinery on track
Financial Tribune – Construction work is over on the first stage of the fourth phase of Persian Gulf Star Refinery in southern…
Tag Archives: Iran oil industry
Gigantic offshore platform being shipped to Iran’s southern gas field
Tasnim – The third platform of Phase 14 of Iran’s South Pars gas field, which has been built by domestic experts, was…
Iran’s outstanding scientific knowhow outstrips oil, gas
MNA – Vice-President for Science and Technology Sorena Sattari said that formation of three major scientific waves in the country caused other…
All SP phases, except ph. 11, to come online by Mar. 2021
MNA – Iran’s Oil Minister Bijan Namdar Zanganeh announced on Saturday that by March 2021, all phases of the South Pars gas…
Iran has no intention of withdrawing from OPEC – Iranian oil minister
Sputnik – In May, Iranian authorities vowed to retaliate if their interests in the Organisation of Petroleum Exporting Countries (OPEC) are harmed.…
Iran’s gas production hits 7.4% growth
MNA – Statistics showed that gas production volume in the country hit a 7.4 percent hike in the last year (ended March…
NIDC drills 17 oil wells in 60 days
SHANA – The National Iranian Drilling Company (NIDC) spudded 17 oil and gas wells in the first two months of the current…
Arvand oil field and $135mn investment potential
SHANA – Until a couple of years ago, development of the oil and gas fields Iran shares with neighboring countries had been…
Iran to offer 13 oil, gas blocks
Financial Tribune – The National Iranian Oil Company is interested in working with local firms willing to take a reasonable amount of…
Iranian National Oil Company opens office in Iraq
Al-Monitor | Adnan Abu Zeed: The National Iranian Oil Company (NIOC) decided May 4 to open an economic representative office in Iraq.…
Iran Oil Show 2019: ‘Iran not alone in oil market’
MNA – European exhibitors participating in the 24th International Oil, Gas, Refining and Petrochemical Exhibition of Iran (Iran Oil Show 2019) believe…
Persian Gulf Star Refinery’s capacity to reach 540,000 bpd
Tehran Times – Daily processing capacity of Iran’s Persian Gulf Star Refinery is going to reach 540,000 barrels per day (bpd) by…
Nouri petchem plant sufficient to supply Iran’s total para-xylene demand
MNA – Nouri Petrochemical Plant in the southern Iranian Bushehr province can now supply all the para-xylene needed in the country, the…
Iran Oil Show 2019 slated for early May
MNA – The 24th Iran International Oil, Gas, Refining and Petrochemicals Exhibition (Oil Show 2019), as one of the most significant oil…
Iran Oil Show 2019 to kick off in early May
Tehran Times – The 24th Iran International, Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show 2019) is due to kick off…
SPGC to boost annual gas output by 7 bcm
Tehran Times – South Pars Gas Complex (SPGC) plans to increase production of gas by seven billion cubic meters (bcm) in the…
No oil spill reported near Hoor al-Azim wetland
Financial Tribune – Despite the recent floods there has been no report of oil spill in Khuzestan Province oilfields, most of which…
Sources: Iran’s oil exports hit 2019 low in April
VOA News – Iran’s crude oil exports have dropped in April to their lowest daily level this year, tanker data showed and…
South Korea increases intake of Iranian oil in March
MNA – South Korea’s oil imports from Iran jumped 23% in March from its preceding month, customs data showed on Monday, registering…
Iran cuts oil output in some areas to save flood-hit people
Press TV – Iran has shut down some oilfields in Khuzestan province as intensive efforts are underway to control damage from flash…
Two petrochemical plants to be launched in H1
MNA – Iran is to inaugurate two petrochemical projects in the first half of the current Iranian calendar year, which began on…
Iran oil export terminals up and running
MNA – Safety conditions have been established at Iran’s oil terminals to ensure that there would be no interruptions in the country’s…
Iran to operate 27 South Pars phases by March 2020
MNA – Iranian Minister of Petroleum Bijan Zanganeh said the country would be recovering natural gas and crude oil from 27 phases…
Yaran Oil field development project investigated by NIOC
Tehran Times – The project for development of Yaran Oilfield was studied by National Iranian Oil Company (NIOC) on Saturday, ILNA reported.…
Official: Iran can find ways to sell oil in defiance of US sanctions
Tasnim – An official predicted that the US may extend a waiver for at least four of the eight nations that still…
Grounds broken for ethylene oxide project in Andimeshk
SHANA – Construction of a 300,000-ton petrochemical project in the southwestern city of Andimeshk has started. A ceremony was held in the…
Oil, condensate offer on IRENEX before yearend
Financial Tribune – The National Iranian Oil Company will launch two new offers of crude oil and natural gas condensate on the…
India wants to keep Iran oil purchases at 300,000 barrels per day in extended waiver – sources
Reuters – India wants to keep buying Iranian oil at its current level of about 300,000 barrels per day (bpd), as it…
Asia’s Iran crude oil imports to rebound in February
MNA – Asia’s top four buyers of Iranian crude – China, India, Japan and South Korea – imported a total 710,699 barrels…
Japan’s Cosmo to load 900,000 barrels of Iranian crude early March
MNA – Japanese refiner Cosmo Oil will load around 900,000 barrels of Iranian Heavy crude oil in early March as local refiners…
Offering oil at IRENEX, challenges and merits
Tehran Times – Since the U.S.’s withdrew from Iran’s nuclear pact in May 2018, vowing to drive Iran’s oil exports down to…
Iran 90% self-sufficient in producing equipment for filling stations
MNA – CEO of planning and studies center for filling stations Ali Monshi said that Iran has achieved 90% self-sufficiency in producing…
5th round of oil sale on IRENEX due on Feb. 18
MNA – The National Iranian Oil Company (NIOC) has announced the fifth round of oil sale on Iran Energy Exchange (IRENEX) will…
NIORDC to launch integrated distribution management system for oil products
SHANA – The National Iranian Oil Products Refining and Distribution Company (NIORDC) is planning to launch an integrated system for distribution management…
Iran’s oil revenues up by about 49%
IRNA – Despite sanctions by the US to zero Iran’s oil exports, statistics show that over the course of the first nine…
Gasoline production up 7-folded in 4 decades
IRNA – Gasoline production rose seven-folded over the past four decades after triumph of the Islamic Revolution of Iran in 1979. Among…
Petchem projects launched in Khuzestan
SHANA – The governor of Khuzestan Province, southwestern Iran, inaugurated two petrochemical projects in Mahshahr Petrochemical Especial Economic Zone (PETZONE). The projects,…
Iran to launch 4 South Pars phases by March 20
SHANA — Iranian Minister of Petroleum Bijan Zangeneh, on the eve of the 40th anniversary of the Islamic Revolution’s victory, underlining Iran’s…
Iran sets new record in gasoline production
IRNA – Iran’s average production of gasoline has amounted to some 105 million litters a day since the beginning of Iranian calendar…
KOGPC treats 32,000 barrels of oil with MOT
MNA – The CEO of Karoon Oil & Gas Production Co. (KOGPC) says his company has processed 32,000 barrels of crude oil…