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Lordegan Petchem Output Sees Whopping 518% Growth in Q1
TEHRAN (Shana) – The CEO of Lordegan Urea Chemical Fertilizer Company announced breaking a new record in the plant’s output in the first quarter of the current calendar year of 1401, which began on March 21, hitting 518% growth year-on-year.
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Ghadir Petchem Plant Operating at 121% of Nominal Capacity
TEHRAN (Shana) -- The CEO of Ghadir Petrochemical Company announced setting of a new record in the production of the petrochemical plant in the first quarter of the current calendar year, which began on March 21 hitting 121% of the facility’s nameplate capacity.
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Iran, Iraq forming Joint Technical Groups to Develop Energy Ties
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company (NIOC) said Iran and Iraq were to form a joint working group to cooperate in joint fields, transfer technology and equipment from Iran based on the ability of private companies and send technical and specialized groups from the two countries to identify cooperation capacities.
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Iran Ready to Export Technical, Engineering Services to Iraq
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company announced Iran's readiness to export technical and engineering services to Iraq, saying: "Iran wants to benefit from Iraq's participation in the development of the oil and gas industry."
تیتر دو
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We consider the transformation of global justice into an all-encompassing global discourse an undeniable necessity
TEHRAN (Shana) – “Iran, as a country with a rich history of active participation in international initiatives, is ready to share all its capabilities to achieve the BRICS goals and become a reliable partner to connect BRICS to the main routes of energy and major global markets," said the President.
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Preparing Roadmap for Iran-Iraq Future, Necessary
TEHRAN (Shana) -- The Iraqi Deputy Minister of Oil for Exploration underlined the desire of the Iraqi Minister of Oil to develop relations and take broader steps through the formation of a joint working group with Iran, stressing that a roadmap should be prepared for the future steps and goals of the two countries.
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Iran, Iraq to Bolster Energy Ties
TEHRAN (Shana) – The adviser to the Iranian Minister of Petroleum on Iraq stressed the need to strengthen cooperation between Iran and Iraq in the field of energy.
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40% Growth in Receipt of Oil Revenues: Min.
TEHRAN (Shana) – The Iranian Minister of Petroleum said the country’s receipt of oil revenue has increased by 40% in the first quarter of the current calendar year, which began on March 21 compared to the same period last year.
Analysis
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Constructive Interaction of Holders of 460 bb of World Oil Reserves
TEHRAN (Shana) -- The presidents of Iran and Venezuela, as holders of more than 460 billion barrels of crude oil reserves, formally held talks in Tehran on Saturday, June 11, and signed a 20-year cooperation document.
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Investment decline Biggest Risk to Gas Market
TEHRAN (Shana) – The Secretary General of the Gas Exporting Countries Forum believes that the biggest threat for the gas market is investment decline, saying: "Since 2014, we have seen a series of reasons including low natural gas prices, a misleading narrative about the incompatibility of natural gas with climate change and environmental pressures have reduced investment in the gas industry.”
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Iran’s Energy Diplomacy in Latin America
TEHRAN (Shana) -- Growing demand for energy has intensified international rivalry over access to energy resources. Therefore, various nations are trying their best to adopt an effective and efficient energy diplomacy in a bid to guaranteeing safe access to these vitally important resources.
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Gray Shadow of Energy Security
TEHRAN (Shana) -- The energy market has seen many fluctuations over recent months. The latest lockdowns in China are causing significant demand destruction and adding downward pressure on oil prices, reduction of gas storage in Europe and finally the tension between Russia and Ukraine complicated part of energy marketpuzzle, such a wonderful life!
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Can We Halve Greenhouse Emissions by 2030?
TEHRAN (Shana) -- The 14th meeting of Working Group III (WGIII-14) of the Intergovernmental Panel on Climate Change (IPCC) concluded its two-week work (starting March 21) so that delegates and scientists would convene virtually on April 4 to officially adopt the summary for policymakers (SPM) of the 6th assessment report (AR6).
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Over 80% of Oil Industry Equipment Locally Sourced
TEHRAN (Shana) -- The chairman of Board of Directors of Society of Iranian Petroleum Industry Equipment Manufacturers (SIPIEM), Ehsan Saqafi, says more than 80% of equipment needed by the petroleum industry is domestically manufactured. In an interview with” Iran Petroleum”, he said that 14-15% of the remaining 20% was not cost-effective to be produced domestically while for 5-6%, the necessary technology is not available.
Report
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NISOC Eyes PDC Technology
TEHRAN (Shana) -- Enhanced oil recovery (EOR) requires application of modern technologies. Although Iran's oil industry has faced sanctions in recent years and has been prevented from having access to many of these technologies, Iranian oil companies are seeking technical knowhow through cooperation with international companies or Iranian universities. The head of R&T division of National Iranian South Oil Company (NISOC), Mohammad Golestan-Bagh, tells Iran Petroleum that efforts are under way to develop knowhow for the manufacturing of polycrystalline diamond compact (PDC) bits.
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Energy Diplomacy from Neighboring Countries to Latin America
TEHRAN (Shana) -- Energy diplomacy in the 13th administration is going through novel days. While it is less than a year old, the administration of President Raisi has seen major developments in the energy arena.