Shana

NIOC Seeking Novel Financing Methods to Fund Petroleum Projects

TEHRAN (Shana) – The National Iranian Oil Company (NIOC) CEO said his company was considering the use of a variety of securities and new methods of financing to attract public capitals to accelerate implementation of oil and gas projects.

Two South Pars Platforms Loaded

TEHRAN (Shana) – Two platforms belonging to Phases 22 to 24 of South Pars gas field were loaded on Wednesday.

Iran Response to SABTI Strikers, Harsh

TEHRAN (Shana) -- “Iran will give a harsh response to those involved in Iranian oil tanker,” Secretary of Iran's Supreme National Security Council Rear Admiral Ali Shamkhani said.

Arvandan Oil CO. Awarded Project to Develop South Azadegan

TEHRAN (Shana) -- Development of South Azadegan joint oilfield has been fully awarded to Arvandan Oil and Gas Company.

Iran to Launch Medical-Grade PVC Plant by 2020

TEHRAN (Shana) -- The CEO of the National Petrochemical Company (NPC) said that Hegmataneh Petrochemical Plant, a producer of medical-grade PVC, would come on stream in spring 2020.

Gas Recovery Resumes at SPD9

TEHRAN (Shana) – Production of gas has resumed at a South Pars platform for Phases 6-8 (SPD 9) that had caught fire in June.

IIPGC Mulls Developing Downstream Projects

TEHRAN (Shana) – The CEO of Iranian Investment Petrochemical Group Company (IIPGC) said the company had planned to develop downstream petrochemical projects in line with the third petrochemical leap to 2025.

Minister of Foreign Affairs:

Attack on Iran Tanker, a Government Action

TEHRAN (Shana) – Iranian Minister of Foreign Affairs Mohammad Javad Zarif said that the Friday missile attacks on the Iranian oil tanker was a government action.

1st Int'l Downstream Showcase to be held in February

TEHRAN (Shana) – The first International Exhibition of Oil, Gas and Petrochemical Downstream Industries will be held in Tehran on February 2 to 5, 2020.

Iranian Developers Carrying Out Most Projects in West Karoon

TEHRAN (Shana) – Iranian companies and contractors are developing most of the operations in West Karoon oilfields, National Iranian Oil Company (NIOC) says.

Tehran Oil Refinery Undergoes Major Overhaul

TEHRAN (Shana) -- Major overhaul of Tehran Oil Refinery has started with the aim of increasing the efficiency and safety of the refinery’s units.

Lavan Refinery Offering Euro-grade Output

TEHRAN (Shana) – The managing director of Lavan Refinery said the facility’s output met European standards after it underwent a plan to improve production processes.

Investigation into Iran Tanker Attack in Red Sea to Continue: Rouhani

TEHRAN (Shana) -- Iranian President Hassan Rouhani said investigations would continue to determine who were behind the Friday missile strike on an Iranian oil tanker in the Red Sea.

Iran Self-Sufficient in Oil Exploration: Official

TEHRAN (Shana) -- The deputy NIOC director of development and engineering affairs said Iran was fully self-sufficient in exploration activities.

Iran Firms Ready to Step in Exploration Projects

TEHRAN (Shana) -- The Managing Directors of OIEC and TEKNO companies has indicated their companies’ readiness to step in sophisticated exploration projects in Iran.

New Gas Field Discovered in Southern Iran

TEHRAN (Shana) – The National Iranian Oil Company (NIOC) announced the discovery of a new gas field south of Fars Province, southern Iran.

Missile-Stricken Iran Oil Tanker Back Home in 10 Days

TEHRAN (Shana) -- The CEO of the National Iranian Tanker Company (NITC) said that SABITI, an NITC-owned oil tanker which was hit by two missiles on Friday morning, was en route home and would arrive in Iran within 9 or 10 days.

Iran Oil Tanker Heading to Persian Gulf: NITC

TEHRAN (Shana) -- National Iranian Tanker Company (NITC) announced that SABITI Oil Tanker which was probably hit by missiles in the Red Sea was sailing towards the Persian Gulf.

Spox Reacts to Iran Oil Tanker Blast

TEHRAN (Shana) – The spokesman of the Iranian Ministry of Foreign Affairs expressed concern over the environmental pollution caused by oil leakage of a blast-hit Iranian tanker in the Red Sea.

NITC Says No Country has Helped Stricken Iran Tanker in Red Sea

TEHRAN (Shana) -- The CEO of the National Iranian Tanker Company (NITC) said no ship nor any authority had responded to distress messages of the blast-hit Iranian tanker in the Red Sea.

Blast Rocks Iranian Oil Vessel in Red Sea

TEHRAN (Shana) -- An Iranian oil tanker was hit by two blasts at 5 and 5:20 a.m. local time 60 miles off Jeddah Port, Saudi Arabia on Friday.

US Changing Energy Geography: Zangeneh

TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said that the arrival of the US in the gas and oil markets was becoming a crucial factor in changing the geography of energy in the world.

OIEC, POGDC Ink Cooperation Agreement

TEHRAN (Shana) -- Oil Industries' Engineering and Construction (OIEC) and Parsian Oil and Gas Development Company (POGDC) signed a memorandum of understanding to expand cooperation in the upstream and downstream sectors of the oil industry.

Iran Euro Petrol Output at 91ml/d

TEHRAN (Shana) – A senior Iranian energy official said that the country’s petrol output that meets Euro qualities stood at 91 million liters per day.

Offshore Sections of 27 South Pars Phases Fully Developed in 2020

TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said that the offshore sections of 27 South Pars phases would be fully developed in the first half of 2020.

Iran in Talks with Local Firms to Develop SPOL

TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said there had been talks with a number of domestic firms to develop the South Pars Oil Layer (SPOL), however no results have been obtained so far.

South Pars Phase 14 Online Next Calendar Year

TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said that Phase 14 project of the South Pars gas field would come online during next Iranian calendar year which starts on March 21, 2020.