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22 Oil, Gas Fields under Study by Iran Universities

TEHRAN (Shana) -- The CEO of the National Iranian Oil Company said: "Including the first 9 contracts of the research study plan to enhance oil recovery from oil and gas fields that was previously signed and 13 contracts that were signed in this regard today, a total of 20 oil and 2 gas field technological studies have been awarded to universities and research centers.”
Universities Studying 50% of Iran Oil, Gas Reserves

TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said the country’s universities and research centers were currently conducting research studies on nearly half of the country’s oil and gas reserves.
NIOC Inks Major Oil Research Deal with Local Universities, Research Centers

TEHRAN (Shana) – The National Iranian Oil Company (NIOC) has signed 13 major oil and gas extraction research contracts worth a total of €35 million and Rls. 7,160 billion with 13 Iranian universities and research centers.
Iran, 1st in World in Oil and Gas Discovery despite Inequalities: Official

TEHRAN (Shana) -- The National Iranian Oil Company (NIOC) was ranked first in the world in completely unequal conditions due to the imposition of severe sanctions, said an NIOC official.

تیتر دو

PGPIC Fosters Cooperation with Bank Mellat

TEHRAN (Shana) – The Persian Gulf Petrochemical Industries Company (PGPIC) and Bank Mellat have signed a memorandum of understanding with the aim of improving the level of cooperation.
Bidboland Persian Gulf Project named for 2020 World Mega Projects Award

TEHRAN (Shana) -- The Persian Gulf Bidboland gas refining project was announced as one of the four finalists for the mega project of the energy sector of the 2020 World Award for Large Projects and Mega Projects.
Plans to Convert Surplus Methanol to Propylene

TEHRAN (Shana) -- Deputy Minister of Petroleum for Petrochemical Affairs Behzad Mohammadi said Iran’s surplus 5 million methanol will be converted to propylene in the country.
Iran: OPEC’s ‘brilliant history’ and the necessity of continued cooperation

Analysis

60th OPEC Annivesary

Iran: OPEC’s ‘brilliant history’ and the necessity of continued cooperation

2020-09-19 14:19
OPEC 60th Anniversary; Javad Yarjani Explains

How OPEC Became a Key Player in World Markets

TEHRAN (Shana) -- Javad Yarjani, Iran’s former national representative to OPEC, has attended OPEC meetings for more than three decades. He served as the head of the Energy Division of OPEC Secretariat for five years.
2020-09-14 17:11
60th OPEC Annivesary

OPEC Founders Achievements

TEHRAN (Shana) -- OPEC has turned 60. So long a time. Why was OPEC established? What has it brought to the five founding members?
2020-09-14 17:11
“OPEC Turned Sixty: Happy Birthday OPEC”

2020-09-14 17:10
60th OPEC Annivesary

If only OPEC united against Political Saber-Rattling…

TEHRAN (Shana) -- The establishment of the Organization of the Petroleum Exporting Countries, or OPEC for short, 15 years after the end of World War II can be seen as a sign of the efforts of the founding countries to oppose and resist the extravagant behavior of major oil companies, or the famous seven sisters, at that time. In the years before foundation of OPEC, each of the founding countries, namely Iran, Venezuela, Iraq, Saudi Arabia and Kuwait, faced myriad political and social upheavals.
2020-09-14 17:09
60th OPEC Annivesary

Commitment & Cooperation

VIENNA (Shana) -- Back in March and April, the world faced its largest oil demand shock in living memory. On days in April, demand was 23 million barrels a day (mb/d) below that of 2019, the WTI May futures price contract went negative on April 20 and the global economy seemed to be teetering on abyss. Every producer was impacted, no one was immune.
2020-09-14 12:46

Report

60th OPEC Anniversary

Zamani-Nia: OPEC should Protect Members by Relying on Partnership

TEHRAN (Shana) -- Iran’s OPEC governor Amir-Hossein Zamani-Nia says all member states of the Organization of the Petroleum Countries should oppose and decry – both in words and deeds – the use of oil as a political tool for exerting pressure and imposing embargo on oil producers.
2020-09-14 17:11
Miandoab Petchem Plan Operational

Iran PE Output Capacity Hits 5mt

TEHRAN (Shana) -- The Miandoab petrochemical plant came on-stream in late June. President Hassan Rouhani inaugurated the project through videoconference. The plant’s annual production capacity is 140,000 tonnes of high-density polyethylene (HDPE). The Miandoab plant which would bring Iran’s PE production capacity to 5 million tonnes, is built on the way of West Ethylene Pipeline (WEP). It cost €40 million plus IRR 8,000 billion.
2020-08-02 16:03
Iran Gas Flow to Turkey Resumes

TEHRAN (Shana) -- Iran’s gas exports to Turkey came back to normal conditions on July 1. The flow of Iran’s natural gas to its neighboring nation came to a halt on March 31 due to an explosion whose cause has not yet been determined.
2020-08-02 16:01