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Iran, Syria sign MoU, outline roadmap for cooperation in oil industry
SHANA (Tehran) – Iran and Syria signed a memorandum of understanding (MoU) and outlined a roadmap for cooperating in oil, gas, refining, and petrochemical sectors.
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NIOC head says Iran oil exports have doubled under incumbent administration
SHANA (Tehran) – The managing director of the National Iranian Oil Company (NIOC) said the country’s oil and gas condensate exports have doubled since the 13th (Raeisi) administration took office.
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NIORDC head: Shahid Soleimani Refinery-Integrated Petrochemical Plant project to start this spring
SHANA (Tehran) – The National Iranian Oil Refining and Distribution Company (NIORDC) managing director on Saturday said the operations of Shahid Soleimani Refinery-Integrated Petrochemical Plant project will begin this spring.
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President: Iran ready to share oil industry achievements with Syria
SHANA (Tehran) – Iran’s president on Thursday voiced his country’s readiness to share its achievements in energy, oil, gas, petrochemical, electricity, scientific, and technological sectors with Syria.
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Iran breaks West monopoly in turboexpander manufacturing
SHANA (Tehran) – Iran’s Shazand Petrochemical Company has managed to manufacture turboexpander, breaking the West’s monopoly.
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In the presence of Iran, Syria presidents
Tehran, Damascus sign oil, energy agreements
SHANA (Tehran) – Iran and Syria signed a comprehensive plan for strategic and long-term cooperation and 14 other documents, including oil and energy agreements, in Damascus on Wednesday.
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Oil minister accompanying Raeisi arrives in Damascus
SHANA (Tehran) -- Iran's President Seyyed Ebrahim Raeisi accompanied by some ministers, including Oil Minister Javad Owji, arrived in Damascus on Wednesday.
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Oil minister at 14th IPF:
Iran’s oil output rises in 20 months, tops 3 mbd
SHANA (Tehran) – Iran’s oil minister said the country’s oil production has risen to over 3 million barrels per day (mbd) in the past 20 months ago.
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Ambassador: Russians keen to use Iran petrochemical technology, products
SHANA (Tehran) – Iran’s ambassador to Moscow on Monday said Russians are eager to use his country’s petrochemical technology and products.
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Ambassador: Urea fertilizer main product Iran exported to Brazil last year
SHANA (Tehran) – Iran’s ambassador to Brasilia on Monday said urea fertilizer was the main product his country exported to Brazil in the year to March 20, 2023.
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In the presence of oil minister
Document on development and completion of petrochemical industry’s value chain unveiled
SHANA (Tehran) – The document on development and completion of value chain of petrochemical industry was unveiled in the presence of Oil Minister Javad Owji and National Petrochemical Company (NPC) Managing Director Morteza Shahmirzaei on Monday.
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Domestic, foreign investors invited to fund $6b Bandar Abbas project
SHANA (Tehran) – The SHASTAN Trading Investment Company deputy on Monday invited domestic and foreign investors to take part in the first phase of a refinery-integrated petrochemical plant project in Bandar Abbas, southern Iran.
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NPC chief in 14th IPF opening speech:
Gap between real petrochemical output, installed capacity to be narrowed this year
SHANA (Tehran) – Iran’s National Petrochemical Company (NPC) managing director on Monday said the gap between the industry’s real output and installed capacity will be reduced.
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14th Iran Petrochemical Forum kicks off in Tehran
SHANA (Tehran) – The 14th Iran Petrochemical Forum (IPF) kicked off at IRIB International Conference Center (IICC) here on Monday.
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CEO: Arya Sasol Polymer Company developing export marketing plan
SHANA (Tehran) – Iran’s Arya Sasol Polymer Company has moved toward developing its export marketing plan, said the ASPC managing director on Sunday.
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NPC chief: Iran Petrochemical Forum to cover eight topics
SHANA (Tehran) – The National Petrochemical Company (NPC) managing director on Sunday said the 14th Iran Petrochemical Forum (IPF) focusing on value chain and new opportunities will revolve around eight topics.
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Raeisi underlines Iran-Iraq cooperation in energy sector
SHANA (Tehran) – Iran’s president here on Saturday put great emphasis on boosting Tehran-Baghdad relations and promoting their cooperation in infrastructure fields, including water, electricity, gas, and energy sectors.
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President hails oil, gas industry ‘considerable’ role in Iran economic growth
SHANA (Ahvaz) – Iranian President Seyyed Ebrahim Raeisi on Friday said oil and industry has had a “considerable role in the country’s average 4% economic growth since his administration took office.
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Oil minister: Projects worth $15b to be launched by mid-March 2024
SHANA (Ahvaz) – Oil and gas projects worth $15 billion will be inaugurated by the end of the current Iranian calendar year (March 19, 2024), vowed Oil Minister Javad Owji on Friday.
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During president visit to Khuzestan Province
NGL 900, NGL 1000 precompression units come on stream
SHANA (Ahvaz) – The precompression units of NGL 900 and NGL 1000 plants were inaugurated via videoconference by Iran’s President Seyyed Ebrahim Raeisi in southwestern province of Khuzestan on Friday.
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During president visit to Khuzestan Province
Sohrab oil field development project operations start
SHANA (Ahvaz) – The executive operations of Sohrab oil field development project officially kicked off during the visit of Iran’s President Seyyed Ebrahim Raeisi to southwestern province of Khuzestan on Friday.
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Raeisi inaugurates joint Azadegan oil field 45,000 bpd output increase project
SHANA (Ahvaz) – Iran’s President Seyyed Ebrahim Raeisi on Friday inaugurated a project to boost extraction from joint Azadegan oil field in southwestern province of Khuzestan by 45,000 barrels per day (bpd).
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Raeisi inaugurates first phase of NGL 3200 plant
SHANA (Ahvaz) – Iran’s President Seyyed Ebrahim Raeisi inaugurated the first phase of NGL 3200 plant in southwestern province of Khuzestan on Friday.
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Steam unit of West Karoun Combined-Cycle Power Plant launched by president
SHANA (Ahvaz) – The steam unit of West Karoun Combined-Cycle Power Plant was on Friday inaugurated by Iranian President Seyyed Ebrahim Raeisi visiting the southwestern province of Khuzestan.
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Owji: Projects worth over $2b to be launched during president visit to Khuzestan
SHANA (Tehran) – Iran’s oil minister here on Wednesday said projects worth $2.2 billion will be inaugurated during President Seyyed Ebrahim Raeisi’s visit to Khuzestan Province, southwestern Iran, in the next two days.
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Official: APG collection facility in SW Iran to be launched within days
SHANA (Ahvaz) – The managing director of the Persian Gulf Hoveyzeh Gas Refining Company announced on Tuesday that an associated petroleum gas (APG) collection plant in Khuzestan Province, southwestern Iran, will become operational within days.
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Iran-Russia Joint Economic Commission heads hold phone talks
Russia delegation due in Tehran to sign cooperation documents
SHANA (Tehran) – Iran’s deputy oil minister for international affairs and trade here on Monday said a high-ranking delegation from Russia will visit Tehran to sign cooperation documents.
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NPC chief: One petrochemical project to be inaugurated each month
SHANA (Tehran) – The managing director of Iran’s National Petrochemical Company (NPC) on Monday announced that one petrochemical project will be inaugurated on average each month of the current Iranian calendar year starting March 21..
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Iran oil production in Persian Gulf to increase as drilling rig installed
SHANA (Tehran) – A drilling rig was erected off Lavan Island, the Persian Gulf, another step toward boosting oil output, said an Iranian Offshore Oil Company (IOOC) official Monday.
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Oil prices extend losses on fears of recession, slower oil demand
Oil prices eased on Friday, extending losses from the two previous days and heading for a weekly decline, as softening U.S. economic data and a rise in U.S. gasoline inventories raised concerns about a recession and slower global oil demand.