Iran
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Shahid Hasheminejad Gas Refinery Yielding 1,500 t/d of Sulfur
TEHRAN (Shana) -- The CEO of Shahid Hasheminejad Gas Refining Company said the plant was currently producing 1,500 tons of sulfur per day.
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Di Aria Polymer Officially Online
TEHRAN (Shana) -- Di Aria Polymer (Khomein Petrochemical Plant) was officially inaugurated in the presence of Deputy Minister of Petroleum and the CEO of National Petrochemical Company.
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NPC CEO Invites Investors in Petchem Projects
TEHRAN (Shana) – The CEO of the National Petrochemical Company (NPC) invited all investors, researchers and industrialists of the petrochemical industry to participate in completing the sector’s value chain.
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Hot season Starts for Iran-Russia Relations
TEHRAN (Shana) -- The National Iranian Oil Company (NIOC) and Russia's Gazprom signed a memorandum of understanding worth about 40 billion dollars on Tuesday; a deal that has sparked much reaction from supporters and opponents.
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Syria’s territorial integrity is crucial and a military attack on Syria is harmful to Turkey and the region
TEHRAN (Shana) -- Recep Tayyip Erdogan, the President of Turkey, and his accompanying delegation met with Imam Khamenei on July 19, 2022. President Raisi was also present at the meeting. Speaking at the meeting, the Leader of the Islamic Revolution stressed the necessity to increase cooperation between the two countries, particularly in financial areas. He described the Zionist regime as being the main element in creating discord between Islamic countries.
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Turkey, Iran ink MoU
TEHRAN (Shana) -- The official ceremony of signing a Memorandum of Understanding (MoU) between Turkey and Iran has been held in the presence of both countries' presidents and ministers.
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Russia's Putin Arrives in Tehran for Syria Summit
TEHRAN (Shana) -- Russian President Vladimir Putin has arrived in Iran for a summit with his Iranian and Turkish counterparts on the Syrian conflict.
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Tehran, Ankara Vow to Expand Trade
TEHRAN (Shana) -- Tehran was the focus of attention on Tuesday. It hosted two presidents, Recep Tayyip Erdogan of Turkey and Vladimir Putin of Russia.
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Dollar must be Removed from Global Transactions
TEHRAN (Shana) -- Vladimir Putin, the President of Russia, and his entourage met with Imam Khamenei, the Leader of the Islamic Revolution, this afternoon, July 19, 2022. Speaking at the meeting, in which President Raisi was also present, the Leader stressed the need to implement the agreements between the two countries. He also highlighted the need for vigilance in the face of the deceptive policies of the West. Furthermore, he stated, “The long-term agreements between Iran and Russia are deeply beneficial to both countries.”
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Continuation of Development Process of Tehran-Moscow Strategic Ties Stressed
TEHRAN (Shana) -- The latest state of bilateral relations between the Islamic Republic of Iran and the Russian Federation was discussed in the meeting of the presidents of the two countries, and the development of relations between the two countries in various fields was emphasised.
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Presidents of Iran, Russia and Turkey Address Joint Press Conference
TEHRAN (Shana) – Iranian President Ebrahim Raisi said, "In the meeting of the heads of the countries that are the guarantors of the Astana Process, it was emphasised that "the presence of the Americans in Syria under any pretext is not good and they should leave this region", "any action that leads to the violation of Syrian sovereignty should be avoided" and "The attacks of the Zionist Regime on Syria are a violation of the sovereignty of this country and against international laws."
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Refinery Strikes $190 mn Transaction
TEHRAN (Shana) – Persian Gulf Star Oil Company has managed to trade 6 cargoes of light naphtha and 3 cargoes of naphtha with a total value of $190 million in the Iran Energy Exchange.
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NIOC cements Largest FDI Deal with Gazprom
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company (NIOC) said the memorandum of understanding with Gazprom is one of the biggest foreign direct investment deals in the history of Iran's oil industry, and said: The National Iranian Oil Company does not ignore any investment opportunity.”
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Iran, Russia Key in Ensuring Global Energy Security: CEO
TEHRAN (Shana) – The CEO of the National Iranian Oil Company (NIOC) stressed the role of Iran and Russia in the stability of energy supply in the world.
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Owji welcomes Turkish President in Tehran
TEHRAN (Shana) -- The Turkish president arrived in Tehran on Monday evening at the head of a high-ranking delegation of political and economic officials to be welcomed by the Iranian Minister of Petroleum, Javad Owji.
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Iran Raises August Crude Price for Asian Buyers
TEHRAN (Shana) – The National Iranian Oil Company (NIOC) has increased the official selling price of all types of crude oil for export to Asian customers in August.
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NIOC, Gazprom strike $40b MoU
TEHRAN (Shana) – The National Iranian Oil Company (NIOC) and Russia's Gazprom signed a memorandum of understanding worth roughly 40 billion dollars.
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Minor Fire Contained at Farabi Petchem Plant
TEHRAN (Shana) -- A minor fire in the Farabi Petrochemical Plant’s Power Unit was extinguished without any serious damage to the facility.
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Shifting Geopolitics of Energy: A New World Energy Order
TEHRAN (Shana) -- Whatever the outcome of war in Ukraine, one thing is for sure. The economic reverberations will be felt and in fact is already affecting the global economy by everyone and in all countries for years to come as the world divides between the West and rapidly reshaping Eurasia. The tectonic shifts and fractures in the world and how sanctions against Russia are likely to reshape and redefine a set of new global geopolitical realities.
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Intelligent action or Political game
TEHRAN (Shana) -- As tensions between Russia and Ukraine escalate, the world is worried about possible spillover of concomitant instability. Uncertainty after the covid-19-induced two-year damage on the global economy has confused the world. The natural gas market is a particular and the most important channel for transmitting these impacts.The disruption of Russian natural gas exports to Europe and the winter ahead is one of the concerns of the energy market in the short-term.Europe is seriously looking forward to replacing Russia natural gas imports withthe REPowerEU plan.
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Q1 Sales of Shiraz Petchem Plant grow 187% Y/Y
TEHRAN (Shana) -- The sales of Shiraz Petrochemical Company have increased by 187% in the first quarter of the current calendar year, which began on March 21, compared to the same period last year.
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Kermanshah Refinery Boosting Production Capacity to 40,000 b/d
TEHRAN (Shana) -- The oil refining capacity of Kermanshah Refinery will increase to 40,000 barrels per day from 25,000 b/d following implementation of a project to enhance production capacity of the plant.
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Plant Saves €3.7 m by Localizing Items
TEHRAN (Shana) -- The CEO of AmirKabir Petrochemical Company announced the localization of 600 parts in the company which has led to saving €3.7 million in the plant’s expenses.
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IOOC Begins Repairing Generator at Salman Offshore Field
TEHRAN (Shana) – The Iranian Offshore Oil Company (IOOC) has started maintaining and repairing operation of Generator D of Salman Offshore Complex at Lavan Operational District.
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South Pars 5th Refinery Supplies 6 mb of Gas Condensate in Q1
TEHRAN (Shana) -- The director of the fifth refinery of South Pars Gas Complex said the plant supplied 6 million barrels of gas condensate in the first 3 months of the current calendar year, which began on March 21.
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Lordegan Petchem Plant Marks 1500% Growth in Q1 Sales
TEHRAN (Shana) -- Lordegan Petrochemical Plant sold 157,000 tons of urea in the first quarter of the current calendar year, which began on March 21, showing 1,500% growth year-on-year.
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Bitumen Production fully Localized in Iran
TEHRAN (Shana) -- The CEO of the National Iranian Oil Refining and Distribution Company (NIORDC) said the knowledge of bitumen production in the country has been localized 100% and the status of this industry has been upgraded from the national level to the international level.
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Iran Oil Minister Condoles Nigerian Over Death of OPEC Sec. Gen.
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji sent a letter of condolence to the Nigerian ministry of petroleum resources to express his sorrow over the passing away of HE Mohammad Sanusi Barkindo, Secretary General of the Organization of the Petroleum Exporting Countries (OPEC), who died on Tuesday evening.
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Iran OPEC Boss sends Letter of Condolence on Death of Sec. Gen.
TEHRAN (Shana) – Iran’s OPEC Governor Amirhossein Zamaninia sent a letter of condolence to Dr Adedapo Odulaja, Governor of OPEC for Nigeria, to express his condolences to the late OPEC Secretary General Mohamad Sanusi Barkindo who passed away on Tuesday.
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OPEC Secretary General, Muhammad Barkindo, Dies at 63
TEHRAN (Shana) -- Secretary General of the Organisation of the Petroleum Exporting Countries (OPEC) Muhammad Sanusi Barkindo died on Tuesday at 63.