Shana

12th OPEC+ Meeting Kicks off

TEHRAN (Shana) -- The 12th meeting of the oil and energy ministers of the Organization of the Petroleum Exporting Countries (OPEC) and its allies began a few minutes ago via video conference.

Iran Cannot Be Removed from Global Oil Market

TEHRAN (Shana) – An Iranian foreign ministry spokesman said: "Despite the US pressure, Iran will never be excluded from the global oil and gas market.”

12th OPEC+ Postponed to December 3

TEHRAN (Shana) – The 12th meeting of the oil and energy ministers of the Organization of the Petroleum Exporting Countries (OPEC) and its allies, a grouping known as OPEC+, will be held on Thursday (December 3) at 2:00 PM Vienna time (4:30 PM Tehran time).

OPEC 180th Meeting to Reconvene Tomorrow

TEHRAN (Shana) -- The 180th Meeting of the OPEC Conference will reconvene tomorrow for further deliberations.

Reaching Consensus Requires Patience, Negotiation: Zangeneh

TEHRAN (Shana) – OPEC members’ decision on how to extend oil output cut deal would depend upon tomorrow’s meeting with non-OPEC members; tomorrow is an important day and achieving consensus needs patience and negotiation, Iran’s Minister of Petroleum, Bijan Zangeneh, said on Monday.

OPEC Meeting not Finished

TEHRAN (Shana) – The meeting is not finished and would depend on the meeting with non-OPEC producers, Iran’s Minister of Petroleum, Bijan Zangeneh, said on Monday after the 180th Meeting of the OPEC Conference..

Opening Remarks to the 180th OPEC Meeting

TEHRAN (Shana) -- Algeria’s Minister of Energy and OPEC President, Abdelmadjid Attar, addressed the opening of the 180th meeting of the OPEC Conference held virtually on Monday.

In the presence of OPEC Oil, Energy Ministers

180th OPEC Conference Starts

TEHRAN (Shana) -- The 180th meeting of the Organization of the Petroleum Exporting Countries (OPEC) began a few minutes ago via video conference in the presence of oil and energy ministers of member countries.

OPEC, non-OPEC participants hold 8th Technical Meeting

VIENNA (Shana) -- The 8th Technical Meeting of the OPEC and non-OPEC countries of the Declaration of Cooperation (DoC) has commenced via videoconference.

President Rouhani:

Iran Economy has shown it is Large, Resilient

TEHRAN (Shana) -- The President said that 15 South Pars projects were completed under his administration, while in previous administrations only 10 phases were completed, adding that the commissioning of national projects shows that Iran's economy is large and resilient under the sanctions.

Iran Petchem Output to hit 100mt/y by 2022

TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said the country’s petrochemical production capacity would reach 100 million tons per year by 2022, 80% more than the 2013 levels.

PGPIC to Launch 4 Petchem Projects by Yearend

TEHRAN (Shana) – The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) said the holding company had planned to commission 4 major petrochemical projects by the end of the current Iranian calendar year to March 20, 2021.

Using Skid-Mounted Refineries, New Oil Industry Strategy: CEO

TEHRAN (Shana) -- The CEO of Petroleum Engineering and Development Company (PEDEC) said construction of the first skid-mounted oil processing unit in the West Karoun region led to the formation of a new strategy and policy in Iran’s oil industry.

Rouhani Launches Centralized Storage Tanks in South Pars

TEHRAN (Shana) – Iranian President Hassan Rouhani officially ordered commissioning of the centralized storage tanks of South Pars worth €29.2 million and Rls.2,200 billion via video conference.

Rouhani Launches Skid-Mounted Refinery in West Karoun

TEHRAN (Shana) -- The first skid-mounted oil refining unit is officially put into operation by Iranian President Hassan Rouhani via video conference.

President Rouhani Launches Lordegan Petchem Plant

TEHRAN (Shana) – Iranian President Hassan Rouhani officially inaugurated Lordegan Petrochemical Plant via video conference.

Lordegan Petchem Plant on Verge of Official Inauguration

TEHRAN (Shana) -- The CEO of Lordegan Urea Chemical Company announced the complete commissioning of his complex by Iranian experts, adding: “Lordegan Petrochemical Plant will generate about $240 million annually for the country.”

Iran to Launch Major Oil Projects in West Karoun, South Pars

TEHRAN (Shana) -- Two projects of the National Iranian Oil Company, including the skid-mounted processing unit of West Karoun oil fields cluster and storage facilities and measuring stations of South Pars gas condensate, will be inaugurated tomorrow (Thursday, November 26) by the Iranian President via video conference.

OPEC’s Economic Commission Board holds its 134th meeting

VIENNA (Shana) -- The OPEC Economic Commission Board (ECB) has convened for its 134th meeting via videoconference.

Iran Petchem Plant Operates at 104% of Capacity

TEHRAN (Shana) – An Iranian petrochemical facility, Martyr Tondgouyan Petrochemical Plant, has operated beyond expectations by producing 107,000 tons of petrochemicals which is 104 percent of its installed capacity in the period between October 21 and November 20, 2020.

Sepehr Energy Holding to Launch 1st Petchem Project by March 2021

TEHRAN (Shana) -- The CEO of Sepehr Energy Holding said: "In addition to the fact that Sabalan Petrochemical Plant will be the first petrochemical project of the holding to enter the production circuit this year, it is expected that Dena Petrochemical Plant will also be put into operation ahead of schedule."