• Iran Petchem Plant Operates at 104% of Capacity

    Iran Petchem Plant Operates at 104% of Capacity

    TEHRAN (NIPNA) – An Iranian petrochemical facility, Martyr Tondgouyan Petrochemical Plant, has operated beyond expectations by producing 107,000 tons of petrochemicals which is 104 percent of its installed capacity in the period between October 21 and November 20, 2020.

  • Sepehr Energy Holding to Launch 1st Petchem Project by March 2021

    Sepehr Energy Holding to Launch 1st Petchem Project by March 2021

    TEHRAN (Shana) -- The CEO of Sepehr Energy Holding said: "In addition to the fact that Sabalan Petrochemical Plant will be the first petrochemical project of the holding to enter the production circuit this year, it is expected that Dena Petrochemical Plant will also be put into operation ahead of schedule."

  • Gas Production Resumed at Phase 16 Platform

    Gas Production Resumed at Phase 16 Platform

    TEHRAN (Shana) -- Production operations has resumed on the Phase 16 Platform of South Pars offshore gas field in the Persian Gulf waters.

  • CEO Appoints New Investment Director for NPC

    CEO Appoints New Investment Director for NPC

    TEHRAN (Shana) – The CEO of the National Petrochemical Company (NPC) has appointed Shahram Rezaei as the new head of investment of the company.

  • NIDC Drills 82 Wells in 8 Months

    NIDC Drills 82 Wells in 8 Months

    TEHRAN (Shana) – The National Iranian Drilling Company (NIDC) drilled 82 oil and gas wells over the course of the first 8 months of the current Iranian calendar year which began on March 21.

  • Petchem Plant Attracts €100m in FDI

    Petchem Plant Attracts €100m in FDI

    TEHRAN (Shana) – The CEO of Sepehr Energy Holding Company said Dena Petrochemical Project had attracted 100 million dollars in foreign direct investment.

  • Victim of Khark Petrochemical Accident Dies

    Victim of Khark Petrochemical Accident Dies

    TEHRAN (Shana) -- The CEO of Khark Petrochemical Company announced the discharge of the two injured in the fire incident of the complex, and said: "Unfortunately, one of the injured in this accident lost his life today."

  • Fire at Khark Petrochemical Plant Contained

    Fire at Khark Petrochemical Plant Contained

    TEHRAN (Shana) -- The CEO of Khark Petrochemical Plant announced the complete control of the fire in the complex, saying: "Unfortunately, one of the employees lost his life in this accident."

  • Persian Gulf Bidboland Refinery Starts Exporting Products

    Persian Gulf Bidboland Refinery Starts Exporting Products

    TEHRAN (Shana) -- The first export shipment of Persian Gulf Bidboland Gas Refining Company has been sold.

  • JMMC Reaffirms Commitment to Full Conformity

    JMMC Reaffirms Commitment to Full Conformity

    VIENNA (Shana) -- The 24th Meeting of the Joint Ministerial Monitoring Committee (JMMC) took place via videoconference on Tuesday, 17 November 2020, under the Chairmanship of HRH Prince Abdul Aziz Bin Salman, Saudi Arabia’s Minister of Energy, and co-Chair HE Alexander Novak, Deputy Prime Minister of the Russian Federation.

  • MAPNA among Top 10 Oil Contracting Firms in MENA

    MAPNA among Top 10 Oil Contracting Firms in MENA

    TEHRAN (Shana) – Iran’s MAPNA Group has been ranked among the top 10 contracting companies in the Middle East and North Africa region by Meed Economic Review (MEED).

  • Iran Daily Gas Consumption Exceeds 700 mcm

    Iran Daily Gas Consumption Exceeds 700 mcm

    TEHRAN (Shana) -- The dispatching director of the National Iranian Gas Company announced that the daily gas consumption of the country had reached 707 million cubic meters.

  • Repair, Fishing Operations of 2 Maroon Wells Carried out Without Rig

    Repair, Fishing Operations of 2 Maroon Wells Carried out Without Rig

    TEHRAN (Shana) – Experts at the National Iranian South Oil Company (NISOC) successfully carried out repair of faulty wellhead valves for Wastewater Injection Well No. 116 and fishing operation for Well No. 153 of Maroon field without a rig.

  • Countdown Begins for Launching Hegmataneh Petchem Project

    Countdown Begins for Launching Hegmataneh Petchem Project

    TEHRAN (Shana) -- Hegmataneh Petrochemical Plant, a producer of polyvinyl chloride (PVC) of medical and pharmaceutical grade, will join the club of active petrochemical plants in the country once it receives its first feedstock shipment.

  • Karoon Petchem Plant Unveils New Items

    Karoon Petchem Plant Unveils New Items

    TEHRAN (Shana) -- Karoon Petrochemical Company has unveiled two new and widely-used items with the aim of diversifying its production portfolio, while meeting the needs of domestic downstream industries.

  • Iran, Oil and Post-Trump Era

    Iran, Oil and Post-Trump Era

    TEHRAN (Shana) -- The US election ended with the victory of the Democratic party, and if nothing unexpected happens, Joe Biden will begin his four-year presidency on January 20; Could this change lead to the easing of US sanctions on Iran, or can it not be practically different from Trump’s presidency?

  • GECF Global Gas Outlook 2050 Launched in Doha

    GECF Global Gas Outlook 2050 Launched in Doha

    TEHRAN (Shana) -- The Gas Exporting Countries Forum (GECF) Global Gas Outlook 2050 was launched today in Doha, the State of Qatar. Quantified through the use of the unique and highly granular GECF Global Gas Model, the 4th edition of the Outlook is based on proprietary assessments of the evolution of energy and gas market fundamentals through to 2050.

  • Algeria Hosts 22nd GECF Ministerial Meeting

    Algeria Hosts 22nd GECF Ministerial Meeting

    TEHRAN (Shana) -- The 22nd Ministerial Meeting of the Gas Exporting Countries Forum (GECF) was held on the 12 November 2020, under the Chairmanship of HE Abdelmadjid Attar, Minister of Energy of the People’s Democratic Republic of Algeria as its President. The meeting was convened by videoconference.

  • 22nd GECF Summit

    22nd GECF Summit

    TEHRAN (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh attended the 22nd ministerial meeting of the Gas Exporting Countries Forum that was held virtually on Thursday, November 12.

  • GECF Ministerial Roundtable

    GECF Ministerial Roundtable

    TEHRAN (Shana) -- Amir Hossein Zamaninia, deputy Iranian Petroleum Minister for International Affairs and Trade, represented Iran at the Ministerial Roundtable of the Gas Exporting Countries Forum (GECF) on Wednesday, November 11.

  • Zangeneh Addresses 22nd GECF Ministerial Meeting

    Zangeneh Addresses 22nd GECF Ministerial Meeting

    TEHRAN (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh called the US sanctions unfair which barred Iran’s access to billions of dollars in oil revenues, adding despite all geostrategic challenges, Iran had progressed significantly in the energy sector.

  • Int'l Cooperation Needed for a Peaceful World: Zangeneh

    Int'l Cooperation Needed for a Peaceful World: Zangeneh

    TEHRAN (Shana) -- , Iranian Minister of Petroleum Bijan Zangeneh said in order to restore peace in the world, sustain it and ensure production in the gas sector, "we need to increase cooperation internationally, stop bullying and avoid politicization of the markets, particularly energy market."

  • 22d GECF Ministerial Meeting Opens

    22d GECF Ministerial Meeting Opens

    TEHRAN (Shana) – The 22nd annual ministerial meeting of the Gas Exporting Countries Forum (GECF) kicked off today under the rotating Presidency of Algeria’s minister of energy, Abdelmajid Attar.

  • Trump Virus more Lethal than COVID-19: Iran

    Trump Virus more Lethal than COVID-19: Iran

    TEHRAN (Shana) – Iran’s OPEC governor says the impact of the sanctions imposed by Donald Trump Administration on Iran was more severe to its gas production than the coronavirus pandemic.

  • GECF Ministerial Meeting, Associated Events to be Held Virtually

    GECF Ministerial Meeting, Associated Events to be Held Virtually

    DOHA (Shana) -- The yearly Ministerial Meeting of the Gas Exporting Countries Forum (GECF) will take place on 12 November under the rotating Presidency of the Democratic People’s Republic of Algeria. The meeting, and its related events, will convene virtually owing to the COVID-19 pandemic.

  • Bangestan Reservoir of Nargesi Field Productive: NISOC

    Bangestan Reservoir of Nargesi Field Productive: NISOC

    TEHRAN (Shana) -- Well No. 13 of Nargesi oilfield has become productive and thus, extraction of oil from the Bangestan reservoir of this field became possible for the first time in Iran, announced the National Iranian South Oil Company (NISOC).

  • Initial Plan to Export Iran Gas to Afghanistan Ready: NIGC

    Initial Plan to Export Iran Gas to Afghanistan Ready: NIGC

    TEHRAN (Shana) -- The CEO of the National Iranian Gas Company (NIGC) announced that the initial plan to export Iranian gas to Afghanistan has been prepared to be developed by the private sector.

  • Gas Transmission Capacity Hits 870mcm/d

    Gas Transmission Capacity Hits 870mcm/d

    TEHRAN (Shana) -- There is currently 37,400 kilometers of high-pressure gas transmission pipeline across Iran. National Iranian Gas Company (NIGC) officials say Iran stands the fourth in the global ranking in this sector. Apart from that, Iran enjoys a stable gas supply system.

  • NIOC Signs 13 Research Deals with Universities

    NIOC Signs 13 Research Deals with Universities

    TEHRAN (Shana) -- National Iranian Oil Company (NIOC) recently signed 13 agreements with Iranian universities and research centers worth €35 million plus IRR 7,160 billion for conducting research on enhanced oil recovery (EOR).

  • Refinery Projects Unfazed by Sanctions

    Refinery Projects Unfazed by Sanctions

    TEHRAN (Shana) -- The daily growing demand for fuel in Iran’s transportation sector, the necessity of self-sufficiency in fuel production, sitting atop one of the largest hydrocarbon reserves in the world and the refining industry’s urgent need to upgrade refined products production capacity, both quantitatively and qualitatively, have all turned the refining industry into a sensitive sector within the Petroleum Ministry. Iran's refining industry has done its best to blunt the impact of unjust sanctions that have been slapped on the industry. It has also changed threats to opportunities to develop technical knowhow. Proof of such development may be seen in the construction of refineries, development of refining facilities, manufacturing equipment for the refineries and even development of necessary catalysts, all despite sanctions.