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Iran says Oil Revenue Fell over $100b since 2018
TEHRAN (Shana) -- In a report on oil sales performance during the escalation of sanctions and the economic war, Iranian Minister of Petroleum Bijan Zangeneh said that in the three years of the economic war, Iran’s oil revenues fell by more than $100 billion.
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Two Catalyst Production Projects Operational
TEHRAN (Shana) -- Two knowledge-based catalyst production projects – polypropylene and high-density polyethylene catalysts – have become operational using homegrown knowhow. The projects came online in a remotely participated-in ceremony by President Hassan Rouhani.
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IOOC Oil Output Capacity Doubles yr/yr
TEHRAN (Shana) -- Iranian Offshore Oil Company (IOOC) accounts for a major share of oil recovery from Iranian oil fields in the Persian Gulf. Last calendar year, despite all hardships and restrictions, valuable measures were taken to preserve production level from joint fields, to overhaul installations and to save costs.
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Shahid Tondgouyan Petchem Plant Eyes Full Productivity
TEHRAN (Shana) -- The CEO of Shahid Tondgouyan Petrochemical Company said with the elimination of production bottlenecks and barriers, the company would reach 100% nominal production capacity by the next Iranian calendar year.
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“Crescent Case still Alive,” Zangeneh
TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said the Crescent case is still alive, so far the country has preferred not to discuss it; otherwise, there are many things that, if disclosed, things will be reversed.”
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Spokesman:
“Iran has regained part of its oil market share”
TEHRAN (Shana) -- A Foreign Ministry spokesman said: "During the failed US maximum sanctions, the main goal of the oil industry was to regain Iran's share of the oil market. In the last one year, we have regained part of this share.”
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Jask Port to Become Important Port for Iran Oil Exports
TEHRAN (Shana) – Iranian President Hassan Rouhani said: “Jask will soon be an important export port for Iranian oil. Until today, if Iranian oil was exported from Khark Island, from now on exports will be made from both Khark and Jask.”
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14% Rise in Bandar Emam Polymer Exports
TEHRAN (Shana) -- The exports of polymer products of Bandar Emam Petrochemical Plant increased by 14% year-on-year over the course of the previous Iranian calendar year which ended on March 21.
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Oil Industry Innovation, Technology Park signs 5 Agreements
TEHRAN (Shana) -- Five cooperation agreements were signed between the Oil Industry Innovation and Technology Park with the Ministry of Science, Isfahan Scientific and Research Development, Shiraz University of Technology and Amirkabir University of Science and Technology.
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Karoon Petchem Plant Enjoying Advanced Waste Disposal Method
TEHRAN (Shana) -- The CEO of Karoon Petrochemical Plant said his company is generating revenue from its waste in addition to preventing environmental pollution by using advanced waste disposal methods.
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Iran Eyes Enhanced Oil Recovery in Bilal Field by Nanofluid Injection
TEHRAN (Shana) -- The recovery rate of Bilal oilfield will significantly increased by acquiring the technical knowhow of producing suitable nanostructures and injecting it in Surmeh reservoir.
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GTPP of West Islamabad Operational by 2024
TEHRAN (Shana) -- The CEO of the National Petrochemical Company (NPC) said the GTPP unit of West Islamabad project would come online by 2024 as the first development project of the National Petrochemical Company after privatization.
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RIPI Inks Deal to Commercialize Water Treatment Technical Savvy
TEHRAN (Shana) – The Research Institute of Petroleum Industry (RIPI) has signed a contract to commercialize water treatment technical knowhow with Aban Accelerator Company.
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NPC Inks MoU with QMS
TEHRAN (Shana) – The National Petrochemical Company (NPC) has signed a memorandum of understanding (MoU) with the German Institute for Quality Management Services (QMS) as a representative of the European Foundation for Quality Management (EFQM).
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NIOC Prepared for Speedy Resumption of Iran Oil Production
TEHRAN (Shana) -- The deputy director of production at the National Iranian Oil Company (NIOC) said: "Precise planning has been done to restore oil production to the pre-sanctions levels in one-week, one-month and three-month intervals, and if the sanctions are lifted, most of the country's oil production will be revived within a month."
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Iran Eyes 70% Reduction in Gas Industry Emissions in 3 Years
TEHRAN (Shana) – An Iranian gas official says plans are under way to curb gas industry emissions by 70% within the next 3 years.
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"Let's Revive Ecosystems:" CEO
TEHRAN (Shana) -- The CEO of the National Iranian Gas Company (NIGC) released a message on the occasion of World Environment Day, and called on all employees of the gas industry to consider restoration of the ecosystem as one of their important missions in the coming decade.
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Production Resumed at Tehran Oil Refinery
TEHRAN (Shana) -- The CEO of Tehran Oil Refining Company announced the resumption of operations at the refinery. According to the public relations office of the Tehran refinery, Hamed Armanfar announced: “Due to the complete and successful extinguishing of the fire by the rescue operations teams, production in the Tehran refinery has resumed.”
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Tehran Refinery Fire Fully Extinguished
TEHRAN (Shana) -- The CEO of Tehran Oil Refinery announced: "The fire in the tanks of Tehran Oil Refinery was completely extinguished after the end of hours of uninterrupted firefighting operations."
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Zangeneh:
"No disruption in production of Refining Products"
TEHRAN (Shana) -- The Iranian Minister of Petroleum, Bijan Zangeneh, said: "The fire incident of Tehran Oil Refinery is under control and no disruption has been caused in the production of refinery products of Tehran Refinery and the country."
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Zangeneh Heads to Scene of Tehran Refinery Fire
TEHRAN (Shana) -- The Iranian Minister of Petroleum visited the Tehran Oil Refinery to investigate the scale of the fire which struck the facility on Wednesday evening.
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Tehran Refinery spokesman emphasizes need to refrain from publishing inaccurate news
TEHRAN (Shana) -- The fire at the Tehran refinery is related to cold slops tanks.
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Kharg Oil Storage Capacity Grows
TEHRAN (Shana) -- Over the past decades, Iran has been a leading supplier of oil in the world. It has maintained its presence in international markets and has met its obligations based on quotas set by the Organization of the Petroleum Exporting Countries (OPEC). Although international sanctions have brought about obstacles ahead of achieving its goals, nothing has halted Iran’s crude oil exports to global markets. A review of existing infrastructure in Iran’s petroleum industry, specifically in oil exports, indicates that Iran’s oil exports has regularly and constantly got under way, from production to logistics.
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One Year On, Kazempour Ardebili Loss Still Felt
TEHRAN (Shana) -- Last year on April 17, Iran’s long-serving governor for OPEC Hossein Kazempour Ardebili passed away. A figure of international renown, he was a key official in Iran’s petroleum industry, not to mention his long background in political and economic sectors.
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Golden Year for ICOFC in Oil/Gas Output Hike
TEHRAN (Shana) -- Iranian Central Oil Fields Company (ICOFC), a subsidiary of National Iranian Oil Company (NIOC), fulfilled entirely its obligations in maximum efficient recovery and maximum oil and gas production last calendar year to 21 March 2021. ICOFC had prioritized oil and gas fields shared with neighbors and supplying domestic needs in the household and industrial sectors. ICOFC’s activities indicate the company’s full readiness to increase output to pre-sanctions levels.
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17th OPEC and non-OPEC Ministerial Meeting Concludes
VIENNA (Shana) -- The 17th OPEC and non-OPEC Ministerial Meeting (ONOMM), held via videoconference, concluded on Tuesday, 1 June 2021.
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Zangeneh: We Will Return to the Market once a Deal is Struck
TEHRAN (Shana) -- Iran’s Minister of Petroleum, Bijan Zangeneh, said on Tuesday that we will return to global oil market once a deal is struck and sanctions are lifted.
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OPEC+ Stresses Oil Output Increase Plan for June
TEHRAN (SHANA) -- OPEC and its allies made an agreement on Tuesday to ease crude oil output cuts by 350,000 bpd for June.
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17th OPEC+ Meeting Begins
TEHRAN (Shana) -- The 17th meeting of the Oil and Energy Ministers of the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC producers, a grouping called OPEC+, started a few minutes ago.