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IOTC ready to export any volume of delivered oil, CEO says
SHANA (Tehran) – The CEO of the Iran Oil Terminals Company (IOTC), during a visit to the Kharg oil terminal, emphasized the company’s critical role in the oil value chain, stating that the IOTC, relying on domestic capabilities and strategic infrastructure, is prepared to export any volume of oil delivered to it.
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NPC head visits development projects in Makoran region
SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) visited the progress of petrochemical industry development projects in the Makoran region and emphasized the necessity of completing the value chain in the area.
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Empowering human resources, foundation of oil industry development
SHANA (Tehran) – The CEO of the National Iranian Oil Company (NIOC), while appreciating the efforts of the industry's employees in addressing the country's gas imbalance, emphasized the importance of agility and enhancing the knowledge level of human resources in subsidiary companies.
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Record high set in power plant diesel deliveries amid winter challenges
SHANA (Tehran) – The average daily delivery of diesel to power plants reached an unprecedented 60 million liters during the first week of the Iranian month of Esfand (Feb. 19-25), marking a 130% increase compared to the same period last year, when deliveries averaged 26 million liters per day.
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Energy Committee pursues establishment of Energy Optimization Organization
SHANA (Tehran) – The deputy chairman of the Energy Committee in Parliament stated that the legislature, particularly the Energy Committee, is seeking to establish an Energy Optimization Organization.
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Smartization, digitalization of Darkhovein oil field discussed at Petrotech Conference
SHANA (Tehran) – A meeting to discuss the smartization and digitalization of the Darkhovein oil field was held on the sidelines of the Third Petrotech Conference.
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Unprecedented gas consumption in capital; new record set
SHANA (Tehran) – The CEO of Tehran Province Gas Company reported a rise in gas consumption in the residential and commercial sectors in the capital compared to last year, announcing that a new gas consumption record was broken in Tehran last night.
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Aryasasol Polymer Company expands export markets to 32 countries
SHANA (Tehran) – The CEO of Aryasasol Polymer Company announced that the company’s export markets have expanded to 32 countries, up from 16 countries in 2022, driven by direct sales.
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Iran achieves self-sufficiency in designing, manufacturing advanced control valves
SHANA (Tehran) – For the first time in the country, domestic experts, with the support of Arvand Petrochemical Company, have successfully designed and manufactured an advanced control valve, marking a significant step toward industrial self-sufficiency and reducing reliance on imports in the oil, gas, and petrochemical industries.
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New round of US sanctions targets Iran’s oil industry
SHANA (Tehran) – The US Departments of the Treasury and State have jointly imposed sanctions on several individuals and companies associated with Iran's oil industry, as part of Washington's ongoing maximum pressure campaign against Tehran.
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Tehran residents consume up to 70 mcm of gas daily
SHANA (Tehran) – The operations manager of Tehran Province Gas Company stated that Tehran residents consume between 65 to 70 million cubic meters (mcm) of gas daily and confirmed the full readiness of gas pressure reduction stations across the province.
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Power plant mazut distribution registers 132% growth
SHANA (Tehran) –The average daily distribution of mazut to power plants from February 19 to 24 reached 58 million liters, marking a 132% increase compared to the same period last year, when the average daily delivery was 25 million liters.
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NIOEC to equip production-distribution chain with metering systems
SHANA (Tehran) – The CEO of National Iranian Oil Engineering and Construction Company (NIOEC) announced the implementation of a comprehensive metering plan in three phases over three years.
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Residential gas usage surges as temperatures drop
SHANA (Tehran) – The spokesperson for the National Iranian Gas Company reported a rise in gas consumption in the residential, commercial, and small-scale industrial sectors as temperatures dropped. He stated that 75% of the total gas delivered to the network yesterday was consumed by these sectors.
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Innovative solutions explored to enhance safety in petchem industry
SHANA (Tehran) – A specialized meeting of health, safety, and environment (HSE) managers from petrochemical companies across the country was held to address challenges, exchange experiences, and present innovative solutions aimed at enhancing safety and promoting sustainable development in the petrochemical industry.
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Record-breaking achievements gained in gas production, delivery
SHANA (Tehran) – Despite rising gas demand and challenges stemming from the imbalance between production and consumption, the National Iranian Oil Company (NIOC) has achieved unprecedented milestones in the country’s gas industry during the first 196 days of the 14th administration’s tenure.
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President: Completing gas flaring prevention plans is essential
SHANA (Tehran) – The president emphasized that Khuzestan is a precious gem, stating that addressing oil pollution, particularly gas flaring at upstream oil and gas facilities, must be prioritized through a comprehensive, expert-led program with the participation of all responsible agencies.
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NIGC’s comprehensive plan to reduce energy waste
SHANA (Tehran) – The energy and carbon manager of the National Iranian Gas Company (NIGC) stated that the company has implemented a series of new and comprehensive programs in technical, managerial, and cultural domains to combat energy waste and reduce emissions.
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Challenges in refining industry identified
SHANA (Tehran) – The research and technology director of the National Iranian Oil Refining and Distribution Company (NIORDC) announced that the challenges facing the company have been identified, stating that positive steps have been taken to address these issues.
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Accelerating petchem industry development with new technologies, innovative thinking
SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) stated that the petrochemical industry can accelerate its development by managing research, utilizing global knowledge and advanced technologies, and adopting innovative thinking and modern structures.
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Sustainable development of gas industry through innovative methods
SHANA (Tehran) – The acting head of Iran Gas Engineering and Development Company (IGEDC) emphasized that improving the quality of projects based on physical assets and employing innovative methods in project execution are key strategies for enhancing productivity and achieving sustainable development in the country’s gas industry.
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Azar Oil Field development progresses despite sanctions
SHANA (Tehran) – The director of the Azar Oil Field development project described the field as one of Iran's most complex oil fields, stating that its development began in the 2000s under various contracts.
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IOOC inks two research agreements with Iranian NTBFs
SHANA (Tehran) – On the second day of the third PetroTech Conference, two first-time production research agreements were signed between Iranian Offshore Oil Company (IOOC) and Iranian new technology-based firms (NTBFs).
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Deputy minister urges showcasing technological achievements in oil industry
SHANA (Tehran) – The Deputy Minister of Oil for Engineering, Research, and Technology stated that technological achievements in the oil industry should be showcased through success stories and practical experiences to make the path of development clearer and smoother.
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New regulations drafted to boost NTBFs
SHANA (Tehran) – The chairman of the Innovation and Prosperity Fund announced that new regulations, including the Tech-Based Production Leap Act and the New Technology-Based Firms (NTBFs) Support Act, have been introduced to support these businesses.
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Daily sweet gas production reaches 870 mcm
SHANA (Tehran) – The caretaker of production coordination and supervision at the National Iranian Gas Company (NIGC) announced that the injection of sweet gas into transmission pipelines has now reached 870 million cubic meters (mcm) per day.
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Oil Research and Technology Fund to help overcome oil industry development barriers
SHANA (Tehran) – The deputy CEO of the Oil Research and Technology Fund emphasized that research funds must adopt a specialized approach and collaborate with other financial institutions to help remove barriers to the development of the oil and energy industry.
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Digitalizing supply chain, distribution of petroleum products important
SHANA (Tehran) – The operations manager of the National Iranian Oil Products Distribution Company (NIOPDC) identified fuel consumption management in the transportation sector as one of the main challenges facing the oil industry.
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Ongoing support for domestic technologies essential: RIPI
SHANA (Tehran) – The head of the Research Institute of Petroleum Industry (RIPI) emphasized that support for the technology sector must be continuous, focused, measurable, and monitorable.
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10 environmental projects underway at South Pars Refinery 6
SHANA (Tehran) – The manager of South Pars Refinery 6 announced the implementation of 10 operational and environmental projects aimed at reducing flaring and optimizing sulfur recovery units. He reported that these projects are currently 58% complete.