Iran
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Contracts worth $500mn to be signed with Knowledge-based Firms: Min.
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said: “Seven contracts worth 500 million dollars will be signed with 54 knowledge-based companies to boost production from oil wells by using technological methods.”
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2,000 bcm of Gas Processed in South Pars Refineries
TEHRAN (Shana) -- The CEO of South Pars Gas Complex announced that since the establishment of the complex, more than 2,300 billion cubic meters of natural gas have been processed in South Pars refineries.
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Iran to Export Turbines to Russia
TEHRAN (Shana) -- The CEO of Iranian Gas Engineering and Development Company (IGEDC) announced the signing of a contract to export 40 Iranian-made turbines to Russia.
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Shiraz Petchem Plant, Top Iran Urea Exporter
TEHRAN (Shana) -- For the first time after 6 decades of activity, Shiraz Petrochemical Company was selected as the top urea exporter in the calendar year of 1401 which began on March 21.
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24th GECF Ministerial Meeting to be held in Egypt
TEHRAN (Shana) -- The 24th Ministerial Meeting of the Gas Exporting Countries Forum (GECF) will be held on Tuesday, October 25, in Cairo, the capital of Egypt.
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Iran, Turkey Strike New Gas Agreements
TEHRAN (Shana) -- The director of dispatching of National Iranian Gas Company (NIGC) announced holding of a meeting with the representatives of Turkey's Butas Company and reaching new agreements.
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POMC Begins Startup Operation of Padjem Petchem
TEHRAN (Shana) -- The CEO of Petropars Operation and Management Company (POMC) announced the startup operation of Polymer Padjam Complex by this company.
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How to Realistically Decarbonize the Oil and Gas Industry
TEHRAN (Shana) -- Bjørn Otto Sverdrup leads the Oil and Gas Climate Initiative (OCGI), which gathers the CEOs of twelve of the world's largest oil and gas companies around an ambitious goal: to get one of the leading contributors to climate change to drastically lower their own carbon emissions. He describes a possible path for the industry to pivot to net-zero operations, reimagining the role it could play in helping decarbonize the economy and igniting changes in how we consume energy.
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Iranian Power Used in Smartening Gas Distribution Network
TEHRAN (Shana) – Iranian Gas Engineering and Development Company (IGEDC) benefits from the power of knowledge-based and Iranian companies in the project of smartening the country's gas distribution network.
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South Pars Complexes Closing Ranks to Boost Output
TEHRAN (Shana) -- The CEO of the Pars Special Energy Economic Zone Organization said the cooperation of three key South Pars complexes (Special Zone Organization, South Pars Gas Complex and Pars Oil and Gas Company) on the production path and by-products has been smoothed out.
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Min. Holds Intensive Energy Talks with Turkish Officials
TEHRAN (Shana) -- The Iranian Minister of Petroleum discussed extension of the gas contract and energy trade in a meeting with the country's energy and economic officials during his visit to neighboring Turkey,.
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PGPIC Generates $4bn in H1
TEHRAN (Shana) – The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) said his company had generated over 4 billion dollars in the first half of the current calendar year, which began on March 21.
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119% Growth in Pardis Petchem Revenue
TEHRAN (Shana) -- Pardis Petrochemical Company achieved a whopping 119% increase in its revenue in the fiscal year of 1400 which ended on March 20, compared to the preceding year.
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16th Iran-Russia Joint Economic Commission to be held in November
TEHRAN (Shana) -- The 16th Joint Economic Commission of Iran and Russia will be held from October 29 to November 1 in Russia.
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South Zagros H1 Output Beyond Plans
TEHRAN (Shana) -- The CEO of South Zagros Oil and Gas Production Company announced the cumulative production of 20.950 billion cubic meters of gas with an average daily production of 112.600 million cubic meters of gas in the first half of the current calendar year, which began on March 21, exceeding the gas production plan of the company.
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IGEDC Planning to build mini-LNG Plant
TEHRAN (Shana) – The Iranian Gas Engineering and Development Company (IGEDC) announced that it intends to enter the field of mini-LNG and acquire the technology for construction of its production facilities.
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Increased Energy Ties Key Topic in Caspian Talks
TEHRAN (Shana) -- Iran and the four countries bordering the Caspian Sea, as the largest holders of gas resources in the world, gathered last week at the second Caspian Economic Conference in Moscow, while the hard winter of Europe is coming and the crisis of the war in Ukraine has exacerbated the troubles for gas consuming countries.
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Expert Speaks of Iran Chance to Become Safe Energy Transfer Corridor
TEHRAN (Shana) -- A senior expert in energy economics says: “In the absence of investment and access to the necessary technologies to produce from Iran's share of reserves in the Caspian Sea, the most important step is to enter the oil and gas swap sector and convert the opportunity in the territorial geography of the country to leap towards becoming a safe energy transfer corridor.”
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Iran Resumes Gas Exports to Turkey
TEHRAN (Shana) -- The Director of Dispatching at National Iranian Gas Company (NIGC) announced that Iran’s gas flow to Turkey resumed after completion of the agreed repairs.
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NIOC, Gazprom to Develop 8 Iran Oil, Gas Fields
TEHRAN (Shana) – The Deputy Minister of Petroleum for International Affairs and Trade said that during the trip of the Minister of Petroleum to Moscow implementation of the comprehensive memorandum with Gazprom was followed up.
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Iran to Boost Gas Exports to Iraq
TEHRAN (Shana) -- The director of dispatching of the National Iranian Gas Company (NIGC) announced the increase in Iran’s gas exports to Iraq in the calendar year of 1401 which began on March 21.
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H1 Output of Bu Ali Sina Petchem Plant Exceeds 1 mt
TEHRAN (Shana) -- The H1 report of Bu Ali Sina Petrochemical Plant shows that in addition to the increase in the feedstock supplied to the complex, its output has exceeded one million tons during the period reaching 116% of its nameplate capacity.
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Iran Ready to Attract Russian Capital in Oil, Gas Projects
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji announced the readiness of the Iranian administration to attract the capital of Russians in the oil and gas sector, participation in field development plans, swap of petroleum products and export of petrochemicals.
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Tehran, Caracas Keen on Developing Gas Relations
TEHRAN (Shana) -- The CEO of Iranian Gas Engineering and Development Company and the Vice President of Venezuela Oil Company in gas affairs met and discussed cooperation in the field of gas and equipment supply.
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OPEC+ Agree to cut Output by 2 mbd
TEHRAN (Shana) -- 23 member countries of the Organization of the Petroleum Exporting Countries (OPEC) and its allies (OPEC+) reached a consensus in their 33rd meeting with a daily reduction of 2 million barrels per day for the period between November 2022 to December 2023.
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33rd OPEC+ Meeting Begins in Vienna
TEHRAN (Shana) -- The 33rd meeting of the Organization of the Petroleum Exporting Countries (OPEC) and its allies (OPEC+) started a few minutes ago at the headquarters of the OPEC Secretariat in Vienna.
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Iran Gas Export to Turkey stops for Periodic Repairs
TEHRAN (Shana) -- The Director of Dispatching of the National Iranian Gas Company (NIGC) announced that Iran’s gas flow to Turkey was stopped for eight days with the agreement of the two countries in order to carry out periodical repairs.
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Iran Oil Exports Underway Uninterrupted: Min.
TEHRAN (Shana) – The Iranian Minister of Petroleum said: “Iran's crude oil exports are being carried out without any problems to the target markets.”
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Self-sufficiency Center of Petchem Industry Launched
TEHRAN (Shana) -- "Petrochemical Industry Self-Sufficiency Center" was launched with the aim of making maximum use of all scientific and research capacities of the country in the development of the petrochemical industry.
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33rd OPEC+ Ministerial Meeting to be held in Vienna
TEHRAN (Shana) -- The 33rd meeting of the Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, will be held in Vienna on Wednesday, October 5.