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Oil Changed Everything
SHANA (Tehran) – Oil changed how we eat and feed ourselves. Many events in history have been described as ‘revolutionary.’ Yet, when considering how human life has been transformed, it is a description that the ‘discovery of oil’ truly merits, according to a video posted by @OPECSecretariat on X today. Petroleum and petroleum-derived products have transformed almost every aspect of our lives. #OilChangedEverything
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Paknejad Delivers a Speech at Saudi Arabia's National Day Ceremony
SHANA (Tehran) - Iranian Minister of Petroleum Mohsen Paknejad attended Saudi Arabia's National Day held in the country's embassy in Tehran on Monday, wishing the best for the people and government of the neighboring country.
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On the Occassion of Founding OPEC
Al Ghais Congratulates 64 Years of Advocating Oil Market Stability
SHANA (Tehran) - The Organization of the Petroleum Exporting Countries (OPEC) turned 64 today. The organization was founded in 1960 when representatives f Iran, Iraq, Kuwait, Saudi Arabia and Venezuela gathered in Baghdad and founded OPEC to open in new chapter in defending the rights of oil producing countries. On the occasion, OPEC's Secretary General has released a video honoring 64 years of OPEC achievements.
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CNBC’s full interview with OPEC Secretary General Haitham al Ghais
Haitham Al Ghais, OPEC Secretary-General, speaks to CNBC the World Economic Forum in Riyadh about OPEC’s response to the war in Gaza, Iran sanctions and other major energy issues.
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If oil disappeared tomorrow….
If oil disappeared tomorrow, there would be no more jet fuel, gasoline or diesel. Internal combustion engine automobiles, buses, trucks, lorries and coaches would be stranded. Airplanes powered by jet fuel would be grounded. Freight and passenger rail powered by diesel would halt. People could not get to work; children could not get to school. The shipping industry, transporting both freight and passengers, would be devastated.
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GECF launches new edition of Global Gas Outlook
The Gas Exporting Countries Forum (GECF) officially launches the new edition of its annual flagship publication, the Global Gas Outlook (GGO), on 12 March 2024 in the GECF Secretariat via video conference.
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Iran’s subsea gas pipeline project unique in Middle East
SHANA (Tehran) – The Iranian Gas Engineering and Development Company (IGEDC) is for the first time in the Middle East implementing an undersea gas pipeline project in southern waters. A three-kilometer-long 30-inch pipeline is being laid underwater and the related Bandar Abbas-Laft-Gavarzin project is also underway simultaneously. A few countries have up to now carried out similar subsea gas, electricity, and water pipeline installation operations by using the horizontal directional drilling (HDD) technique. Relying on domestic knowledge-based companies’ expertise, IGEDC is implementing the project. The successful implementation of the offshore project will bring honor to Iran’s gas industry.