Iran
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NISOC to Carry Out Rls. 50,000b Projects in Masjed Soleyman
TEHRAN (Shana) -- The CEO of the National Iranian South Oil Company (NISOC) said the company was planning to carry out 6 contract packages with Rls. 50,000 billion of credits by Masjed Soleiman Oil and Gas Production Company.
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PGPIC Building $8.5b Petchem Projects: CEO
TEHRAN (Shana) -- The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) said the holding was building petrochemical projects totally valued at $8.5 billion dollars.
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$6.5b Oil Investment under Way by Tapping Domestic Resources: Zangeneh
TEHRAN (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh said the country was planning to invest 6.5 billion dollars in petroleum projects by resorting to domestic resources.
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Grounds Broken for Ethylene Oxide Project in Andimeshk
TEHRAN (Shana) – Construction of a 300,000-ton petrochemical project in the southwestern city of Andimeshk has started.
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South Pars Petchem Projects Complete by 2020
TEHRAN (Shana) -- The CEO of Pars Special Economic Energy Zone said all the petrochemical projects fed by South Pars gas field would be complete within the next two years.
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RIPI Unveils Portable Environmental Pollution Detection Systems
TEHRAN (Shana) – The Research Institute of Petroleum Industry (RIPI) Portable has unveiled detection systems of environmental pollutants.
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Iran Self-Sufficient in Energy Generation
TEHRAN (Shana) – Iranian President Hassan Rouhani said the country was self-sufficient in supplying its energy needs.
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Euro-5 Petrol Produced at Tabriz Refinery
TEHRAN (Shana) -- Tabriz Refinery has improved the quality of its petrol output which now meets Euro-5 specifications.
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Bidboland Refinery, National Project—Says CEO
TEHRAN (Shana) -- The CEO of the National Petrochemical Company (NPC) said Bidboland II Gas Refinery Project was a valuable, national project and played a key part in the oil and gas industry of the country.
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Gachsaran Petchem Plant Key in Regional Development
TEHRAN (Shana) -- The CEO of the National Petrochemical Company (NPC), Behzad Mohammadi, said Gachsaran Petrochemical Project was instrumental in completion of the value chain in southwestern Iran.
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AOGPC Production Exceeds Expectations
TEHRAN (Shana) -- Aghajari Oil and Gas Production Company (AOGPC) operated at 106.2 percent of its planned production in the first 11 months of the current calendar year, which began on March 21.
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PUT Repairs Multi-Purpose Drilling Simulator
TEHRAN (Shana) -- The Petroleum University of Technology (PUT) has launched a multi-purpose and high-tech drilling simulator for the first time in Iran.
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Fath 36 Drilling Rig Spuds 10 Wells
TEHRAN (Shana) -- Head of Fath 36 Drilling Rig Mehrdad Karampour said the rig had drilled 10 oil and gas wells so far.
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Iran Crude Oil Price Grows $2 Y/Y
TEHRAN (Shana) -- Iran's heavy crude oil price in the week that ended on February 22, 2019 grew $2.2 from the same period last year.
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How OPEC Turned Page in 2018
TEHRAN (Shana) -- Two key ministerial meetings of the Organization of the Petroleum Exporting Countries convened in 2018 were the among the most significant oil developments of last year.
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South Pars Phases 13, 22-24 Refineries Ready
TEHRAN (Shana) – The onshore refineries of South Pars Phase 13 and 22-24 projects are about to come online before spring.
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Zagros Petrochemical Plant Receives 4-Star National Excellence Award
TEHRAN (Shana) -- Zagros Petrochemical Plant received a 4-star certificate of the national excellence award in the 16th edition of the National Organizational Excellence Award.
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Iran Prepared to Boost Gas Export to Armenia
TEHRAN (Shana) -- Iranian President Hassan Rouhani voiced Iran’s preparedness to enhance natural gas exports to neighboring Armenia.
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Iran to Issue $3b of Islamic Bonds for Oil Projects
TEHRAN (Shana) – The Iranian parliament approved of a motion which allows the Ministry of Petroleum to issue 3 billion dollars worth of Islamic bonds (Sukuk) undersigned by the council of ministers.
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Production Capacity of Yaran Oilfield Up
TEHRAN (Shana) -- Production of crude oil from 6 new wells at Yaran joint oilfield has started, bolstering the field’s productivity.
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14 Wells Drilled in Phase 14
TEHRAN (Shana) -- Director of a project to drill wells at Phase 14 of the offshore South Pars gas field said 100,000 meters had been drilled in the phase for completing 14 wells.
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Production Chain of Phase 13 Refinery Complete
TEHRAN (Shana) -- Operator of South Pars Phase 13 development projects said new Liquefied Petroleum Gas (LPG) units had come on-stream in the onshore refinery of the phase which have completed the production chain in the facility.
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Tehran to Host 2nd Int'l ECO Energy Conference
TEHRAN (Shana) -- The Federation of Energy Industries of Iran (FIEEI) in collaboration with ECO Secretariat, ECO CCI and ICCIMA (Iran Chamber of Commerce, Industries, Mining and Agriculture), Iran Energy Association and Iranian Biofuel Society is to hold the “2nd International ECO Energy Conference in Tehran on March 3 and 4.
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NIDC Drills 123 Wells in 11 Months
TEHRAN (Shana) -- The National Iranian Drilling Company (NIDC) has completed drilling operations for 123 oil and gas wells over the course of the first 11 months of the current calendar year, which began on March 21.
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Parliament Discards Multi-Price Petrol Bill
TEHRAN (Shana) -- Lawmakers at the Iranian parliament rejected a bill to increase the petrol price or impose several prices to the item.
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NIOC to Sell Oil on IRENEX Weekly
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said the National Iranian Oil Company (NIOC) had planned to offer crude oil on the Iran Energy Exchange (IRENEX) on a weekly basis.
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Iran Ready for Petrol Exports
TEHRAN (Shana) -- An official with the Iranian Ministry of Petroleum said the country was not only self-sufficient in petrol production, but had excess production capacity, which could be earmarked for exports.
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Iran among Top Gas Suppliers by 2040
TEHRAN (Shana) -- The former Secretary General of the Gas Exporting Countries Forum (GECF) said the latest estimates indicated that Iran, China, the US and Russia will be the four biggest suppliers of natural gas by 2040.
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Oil Industry in Need of Fresh Blood for Development: Official
TEHRAN (Shana) -- An official with the National Iranian Oil Company (NIOC) said Iran’s oil industry needed new blood and fresh ideas for development.
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Tehran-Baku Oil Talks Continue
TEHRAN (Shana) -- The CEO of Khazar Exploration and Production Company (KEPCO) said talks between Iran and Azerbaijan were continuing and a joint committee had been formed by the two neighbors.