oil
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Iran Launches 3 Key Pipelines
TEHRAN (Shana) -- Iranian Minister of Petroleum officially launched three important pipelines for the transfer of petroleum products.
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Iran to Start Oil Production in Khesht Field Next Year
TEHRAN (Shana) – The CEO of the Iranian Central Oil Fields Company said plans were under way to start crude oil production at Khesht Oilfield in the first half of the next Iranian calendar year which starts on March 21, 2021.
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PGPIC Entrusts Local Firms with Parts Supply
TEHRAN (Shana) -- The production manager of the Persian Gulf Petrochemical Industries Company (PGPIC) said the company has signed Rls. 40,000 billion worth of contracts with local providers and manufacturers for the supply of items and goods required in the holding giant's projects.
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SIPIEM inks €3.2b Deal with PGPIC
TEHRAN (Shana) -- The head of the Society of Iranian Petroleum Industry Equipment Manufacturers (SIPIEM) said the association had signed a 3.2-billion euro memorandum of understanding with the Persian Gulf Petrochemical Industries Company (PGPIC) with the aim of supplying goods and equipment for petrochemical projects and complexes.
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1st 3.2 MW Pump of Goreh-Jask Project Delivered
TEHRAN (Shana) -- The first 3.2-MW pump made in Iran, after successfully passing performance tests, was delivered to the Goreh-Jask crude oil transfer project and reached the installation site in Pumping House No. 2, located 50 km off Bushehr.
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1st SPM Loaded for Jask Oil Terminal
TEHRAN (Shana) -- The head of Jask Oil Terminal Project said the single point mooring, submarine multi-lane and the accessories of the early commissioning section of Jask Oil Terminal Project were loaded in Khorramshahr Industrial Yard.
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No talks on JCPOA, Zarif
TEHRAN (Shana) -- Iranian Foreign Minister Mohamad Javad Zarif has ruled out any new talks with the United States on the 2015 nuclear deal, underlining the need for the U.S. to make up its mind about Iran.
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80% of Petchem Equipment Build Domestically: Zangeneh
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said the country was currently receiving 80% of the equipment and parts it needs in the petrochemical sector by domestic firms and manufacturers.
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Iran Eyes Petchem Hub in Kermanshah
TEHRAN (Shana) – Iran has devised plans to convert the western province of Kermanshah into the third petrochemical hub of the country.
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Understanding Marine Seismic Surveys
TEHRAN (Shana) -- Understanding Marine Seismic Surveys
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Ab Teimour Up for Investment
TEHRAN (Shana) -- Although ten giant oil fields in Iran account for the bulk of Iran's oil production, they are all in the second half of their lifecycle as inadequate investment in them, over years, has left their recovery rate at a low level.
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FM Spokesman:
Developments positive on Iran Tanker in Indonesia
TEHRAN (Shana) -- A spokesman for the Ministry of Foreign Affairs said that the developments regarding the seized Iranian oil tanker in Indonesia have been positive.
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80% non-Rotating Equipment Domestically Made in Oil Industry: Zangeneh
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said more than 80% of the non-rotating equipment of the oil industry is made domestically.
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Iran Oil Exports would be Zero without Zangeneh: CEO
TEHRAN (Shana) – The CEO of the National Iranian Tanker Company said Iran’s oil exports would have been zero had it not been because of the prudence of Iranian Minister of Petroleum Bijan Zangeneh.
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Brent Crude to hit $50/b in 2021
TEHRAN (Shana) – The director general of OPEC Affairs and Relations with International Energy Assemblies of the Ministry of Petroleum, said the average price of Brent crude oil in 2021 is expected to fluctuate between $48 and $50 per barrel, according to the latest International Monetary Fund report.
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Flarestack of Tombak Export Port On
TEHRAN (Shana) -- The project manager of Tombak service and export port said with the lighting of the flarestack of the port, the first safety stage of the commissioning process of the project was completed.
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Laying 1st Marine Pipeline of Jask Terminal Complete
TEHRAN (Shana) -- The head of Jask Oil Terminal Project said that construction of the first 36-inch marine pipeline to transport crude oil to the Jask export terminal was completed.
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Impact of Current World Conditions on Future of Iran Oil Assessed at IPEC
TEHRAN (Shana) -- "The Impact of Global Conditions on the Future of Iran's Oil and Energy" was examined on the first day of the 6th Iran Petroleum and Energy Congress (IPEC).
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OPEC Sec. Gen. Addresses Oil, Energy Congress
TEHRAN (Shana) -- Secretary General of the Organization of the Petroleum Exporting Countries (OPEC) addressed the 6th Iranian Petroleum and Energy Club Congress and Exhibition on Wednesday.
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Integration of Energy, Petroleum Ministries Possible: Zangeneh
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh says integration of the Iranian Ministry of Petroleum and the ministry of energy is possible.
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Monitoring Systems Localized in Agar, Dalan Sites
TEHRAN (Shana) -- The Canada-built PMP radio surveillance system of Agar and Dalan operational sites have been localized, saving the country Rls. 1 billion.
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Zangeneh Stresses Cooperation with Foreign Firms
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh voiced his support for the cooperation of Iranian companies with foreign partners in oil and energy projects.
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Foreign Firms Need Iranian Partners to Work in Iran: Zangeneh
TEHRAN (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh said for foreign companies to be able to work in Iran's oil industry, they need to partner with Iranian companies.
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Khark Terminal Fully Ready for Maximum Crude Oil Exports
TEHRAN (Shana) -- The CEO of Iranian Oil Terminals Company announced the full readiness of Khark Oil Terminal to maximize Iran's crude oil exports.
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Petropars signs €3.9 m Deal with Esfarayen Lulehgostar
TEHRAN (Shana) – Petropars Company has signed a 3.9 million euro deal with Esfarayen Lulehgostar Company for the supply of pipes in South Para Phase 11 development project.
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Storage Tanks of Goreh-Jask Project Online by June
TEHRAN (Shana) -- The project manager of crude oil storage tanks in the Goreh-Jask pipeline project said four storage tanks of the project would come on stream by June.
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ICOFC Ready for Resuming Pre-Sanctions Output
TEHRAN (Shana) -- The CEO of the Iranian Central Oil Fields Company (ICOFC) voiced his company's readiness to bring back its production capacity to the pre-sanctions era.
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PEDEC CEO Satisfied with Azar Field Development
TEHRAN (Shana) -- The CEO of the Petroleum Engineering and Development Company (PEDEC) expressed satisfaction at completion of the first phase of Azar Field's development project despite all the difficulties and complexities of its reservoir.
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25th Iran Oil Show in Pictures
TEHRAN (Shana) -- The 25th Iran Oil, Gas, Refining and Petrochemical Exhibition
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Oil Show Reveals Futility of Sanctions: VEEP
TEHRAN (Shana) – First Vice President Eshaq Jahangiri said this year's Iran Oil Show literally proves the ineffectiveness of the sanctions on Iran.