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…
Tag Archives: Iran oil industry
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…
China’s emerging role in Iran’s petroleum sector
Al-Monitor | Bijan Khajehpour: There is no doubt that the reimposed US sanctions on Iran will compel Tehran to shift more proactively…
Olefin unit to be operational in Ilam Petchem Facility next year
IRNA – Ilam Petrochemical Facility’s Olefin Unit will be operational in the next Iranian calendar year, Deputy Minister of Petroleum and Managing…
Hengam petchem plant 70% complete
MNA – The construction project of Hengam Petrochemicals Plant has so far made 70% physical progress and is continuing as planned, the…
“114 foreign SMEs ready to cooperate in Iran’s oil projects”
Tehran Times – A member of the energy committee of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA), Reza Padidar, said…
Completion of South Pars phases high on agenda: Iran’s Oil minister
Tasnim – Iranian Oil Minister Bijan Namdar Zanganeh said it is his ministry’s priority to complete the remaining phases of the South…
9 contracts signed with local firms for maintaining, enhancing oil production
SHANA – The National Iranian Oil Company (NIOC) subsidiaries signed 9 contracts with local developers for maintaining and enhancing the production capacity…
NIOC to issue fixed rate bonds to finance projects
MNA – The National Iranian Oil Company (NIOC) is planning to issue $712 million (Rls. 30 trillion) in fixed rate bonds by…
Iran not to wait for foreigners to expand Caspian oil industry
IRNA- Iran welcomes contribution of powerful foreign companies to development of oil industry in the Caspian Sea, said an Iranian official on…
OPEC, allies cutting oil production drastically
IRNA- Organization of Petroleum Exporting Countries (OPEC), in its latest report, announced the reduction of the production of 1,200,000 barrels of oil…
Zanganeh says oil industry can double petchem output to $40bn
MNA – Minister of Petroleum Bijan Zanganeh said Sun. that the oil industry has the capability to double the country’s petrochemical output…
Kish gas field development awarded to POGC
SHANA – The CEO of Pars Oil and Gas Company (POGC) said his company was officially awarded development project of Kish Gas…
Japan banks set to resume Iran oil transactions after regulatory clearance
MNA – Major Japanese banks are set to resume Iranian oil transactions after receiving final regulatory clearance, paving the way for the…
Deputy Minister: Iran to bypass oil sanctions
IRNA – Deputy Petroleum Minister Amir Hossein Zamani nia said on Sunday that during sanctions era maintaining the market status will not…
Khorasan Petrochemical Company boosts exports by 12 percent
IRNA – Khorasan Petrochemical Company increased its exports volume by 12 percent in the first nine months of this Iranian calendar year…
South Pars Phase 13 refinery ready to sweeten 56 mcm/d gas
MNA – The onshore refining facility of South Pars Phase 13 is now prepared to be fed by all the gas produced…
Iran to increase gasoline output to 100m liters per day
IRNA – Iran will increase its gasoline output to 100 million liters per day, Oil Minister Bijan Zangeneh said. In the near…