Shana

OPEC+ Decisions

15th OPEC+ Ministerial Meeting

TEHRAN (SHANA) -- The energy and oil ministers of OPEC and non-OPEC producers, a grouping known as OPEC+, made an agreement during the 15th Ministerial Meeting held via video conference on Thursday April 1 to ease crude oil output cuts by 350,000 bpd in May and June, and 450,000 in July.

South Pars Gas Condensate Storage Facilities

Iran Petchem Industry Turns 57

14th OPEC and non-OPEC Ministerial Meeting

TEHRAN (Shana) -- The 23 members of OPEC+, a group combining OPEC and allied producers, made an agreement on Thursday during the 14th OPEC and non-OPEC Ministerial Meeting, held via video conference, to keep the current crude oil output cuts of 18 members in place for April and allowed Russia and Kazakhstan to add 150,000 bpd to their total production.

Loading 1st SPM of Jask Oil Terminal

TEHRAN (Shana) -- The loading operation of the first sing point mooring of Jask Oil Terminal

25th Iran Oil Show

TEHRAN (Shana) -- The 25th Iran Oil, Gas, Refining and Petrochemical Exhibition kicked off here in Tehran on Friday in the presence of Iranian Minister of Petroleum Bijan Zangeneh.

13th OPEC+ Meeting held via Video-conference

TEHRAN (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh attended the 13th ministerial meeting of OPEC+ which took two days for the group to cement a consensus about their crude oil output in February and March 2021.

12th OPEC+ Meeting

TEHRAN (Shana) -- The 12th Ministerial Meeting of OPEC and non-OPEC countries was held via video conference on Thursday, December 3.

180th OPEC Meeting

TEHRAN (Shana) -- The 180th meeting of the Organization of the Petroleum Exporting Countries was held virtually on November 30.

Lordegan Petchem Plant in Pictures

CHAHARMAHAL and BAKHTIARI (Shana) -- Lordegan Petrochemical Company is built on a 100-hectare land in the Felard County of Lordegan City in the Chaharmahal and Bakhtiari province, and Iranian Investment Petrochemical Group (Petrol) is the main stockholder of the company.

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.

Iran Mourns Loss of OPEC Boss

TEHRAN (Shana) -- Following are some of the historical photos of Hossein Kazempour Ardebili, veteran Iranian energy diplomat who died on Saturday after nearly two weeks in a coma. May Lord bless his soul in Heaven.

Loading of 1st South Pars Phase 11 Platform Jacket

HORMUZGAN (Shana) -- Load Out operation of the Platform 11B jacket of South Pars Phase 11 development project started on Thursday (April 30) at Qeshm Island, Hormuzgan Province. The structure is to be installed near the Iran-Qatar sea border in the Persian Gulf.

Petroleium Industry Healthcase Staff Fighting COVID-19

TEHRAN (Shana) -- With the outbreak of coronavirus in Iran and other parts of the world, the country's hospitals are operating round the clock to treat and hospitalize patients. The hospitals of the Iranian oil industry, along with other health centers, have not stopped trying to fight the virus and provide services to the patients. Tehran Specialized Oil Hospital has also dedicated its inpatient wards to the treatment and hospitalization of staff infected with the virus. The images below show the hospital's intensive care unit's efforts.

NIGC Activities Review

Inauguration in Rapid Succession

Last calendar year saw Iran's oil refining industry take important steps towards development and self-sufficiency. The refining industry has signed memorandums with the Petroleum Ministry and some other ministries and bodies. One of these MOUs was on producing needle and sponge coke at the Bandar Abbas and Imam Khomeini oil refineries. They were signed between National Iranian Oil Refining and Distribution Company (NIORDC) and Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) with a view to putting an end to Iran's sponge coke imports. Another achievement of the oil refining industry is full commissioning of phases 1, 2 and 3 of the Bandar Abbas gas condensate refinery, generally known as the Persian Gulf Star refinery. Some 70% of the equipment used at the condensate refinery was made in Iran.

Refining Sector Annual Review

Last calendar year saw Iran's oil refining industry take important steps towards development and self-sufficiency. The refining industry has signed memorandums with the Petroleum Ministry and some other ministries and bodies. One of these MOUs was on producing needle and sponge coke at the Bandar Abbas and Imam Khomeini oil refineries. They were signed between National Iranian Oil Refining and Distribution Company (NIORDC) and Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) with a view to putting an end to Iran's sponge coke imports. Another achievement of the oil refining industry is full commissioning of phases 1, 2 and 3 of the Bandar Abbas gas condensate refinery, generally known as the Persian Gulf Star refinery. Some 70% of the equipment used at the condensate refinery was made in Iran.

10th OPEC+ Teleconference

TEHRAN (Shana) -- OPEC+ struck a deal to cut the group’s output by 10 million barrels per day in May and June 2020 which would be accompanied by G20’s decision to cut its oil output by 3.7 mbd within a year. The group men on Sunday evening to finalize a deal that had been hampered by Mexico three days earlier.

9th OPEC+ Meeting held via Webinar

TEHRAN (Shana) -- The 9th meeting of the oil and energy ministers of OPEC and non-OPEC oil producers was held on Thursday, April 9, and lasted over 11 hours as Mexico failed to support a widely endorsed deal to cut the 23-member coalition's crude oil output by 10mbd.

Tondgouyan Petrochemical Plant

Shana: Martyr Tondgouyan Petrochemical Plant, located at Special Petrochemical Economic Zone (Mahshahr), is the only producer of polyethylene terephthalate (PET) in the country and supplies raw materials to downstream units in the textile and packaging industries including bottle. The products of this complex compete qualitatively with other manufacturers in the world.

South Pars symbol of Islamic Revolution Achievements

BUSHEHR (Shana) -- As we celebrate the 41st anniversary of the victory of the Islamic Revolution in Iran, we are exploring the development process of the South Pars gas field since its inception. The first gas exploration well in this field was dug in 1990; based on the results of seismic studies, existence of gas was confirmed in the field. Iran's share of the 9,700-km field is 3,700 km, which hold roughly 14.2 trillion cubic meters of gas or 8% of the world's total reserves. South Pars will undoubtedly be an important part of the future of Iran's industrial history.