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IOOC Raises Gas Output 35 mcf/d
TEHRAN (Shana) -- Gas production of the Iranian Offshore Oil Company (IOOC) increased by 30 to 35 million cubic feet per day (mcf/d) by exploiting a project to enhance gas production capacity in Qeshm operational area and establishing flow from the fields of Gorzin Field.
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Historic Declaration of Cooperation of OPEC and non-OPEC oil-producing countries turns six
VIENNA (Shana) -- The Declaration of Cooperation (DoC) between OPEC Member Countries and 10 non-OPEC oil-producing countries turned six today, December 10 2022.
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Efforts underway to Prevent Petchem Feedstock Supply Shortages
TEHRAN (Shana) – The CEO of the National Petrochemical Company (NPC) emphasized the importance of sustainable energy supply and production management in the petrochemical industry, saying: “We are trying to increase the supply of petrochemicals so that the complexes do not face gas restrictions in the cold season of the year.”
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Iran Catalysts Selling in Russia
TEHRAN (Shana) -- The CEO of the National Petrochemical Company (NPC), referring to the negotiations that have been held since April this year with Russian delegations for the export of Iranian catalyst to Russia, announced that one ton of Iranian catalyst is being successfully used in Russian petrochemical complexes, and Russian companies have registered new orders for catalysts.
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Dasht Azadegan Arvand Company to Start Developing Azadegan Field Soon
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company (NIOC) announced the start of operations of Dasht Azadegan Arvand Company for the integrated development of Azadegan Field within the next two weeks.
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South Pars Phase 11 Project Online Soon
TEHRAN (Shana) – The CEO of the National Iranian Oil Company (NIOC) said the gas from South Pars Phase 11 Project would come online in February.
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Iran Petroleum Minister Hosts Meeting with Tajik Opposite Number
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji hosted a meeting in his Tehran office on Tuesday evening with the visiting Tajik minister of energy.
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Gas Production Accelerated in South Pars
TEHRAN (Shana) -- The CEO of South Pars Gas Complex announced that with the introduction of the cold snap in the country and the decrease in temperature and the consequent increase in consumption in the domestic and commercial sectors, the 13 refineries of South Pars have put the mission of maximum gas production on their agenda.
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CEO Stresses Necessity of Creating Sufficient Incentives for Human Capital
TEHRAN (Shana) -- The CEO of the National Petrochemical Company, while emphasizing the need to create sufficient motivation for human capital, said: "It is planned that all the products and equipment of the petrochemical industry be internalized within the next seven years."
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NIOC Discovers New Oil Reservoirs in Southwest Iran
TEHRAN (Shana) -- The director of exploration of the National Iranian Oil Company (NIOC) announced the discovery of new oil reservoirs in the southwest of Iran, and said: “There are 14 oil and gas exploration blocks in the country.”
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South Pars Phase 11 Online Soon
TEHRAN (Shana) – The CEO of the National Iranian Oil Company (NIOC) said phase 11 of the massive South Pars gas field would start production in the near future.
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Statement of 34th OPEC and non-OPEC Ministerial Meeting
TEHRAN (Shana) -- The 34th OPEC and non-OPEC Ministerial Meeting took place by videoconference on Sunday, 4 December 2022.
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Oil Market Concerned about Glut in Coming Months: Owji
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji underlined concerns about the possible consequences of the spread of coronavirus in some regions, especially China, for the economic growth of the world and the possible demand destruction, saying: “There are concerns about the possibility of a glut in the oil market in the coming months.”
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34th OPEC+ Ministerial Meeting Starts Virtually
TEHRAN (Shana) -- The 34th ministerial meeting of the Organization of the Petroleum Exporting Countries (OPEC) and their non-OPEC allies began a few minutes ago via video conference.
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OPEC+ Sticks to 2mbd Output Cut
TEHRAN (Shana) -- The 23 member countries of the Organization of the Petroleum Exporting Countries (OPEC) and its allies (OPEC+) did not change the goal of reducing daily production by 2 million barrels per day until the end of 2023.
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Liquid Ring Compressors Localized in Arvand Petchem Plant
TEHRAN (Shana) -- The liquid ring compressors of Arvand Petrochemical Company were localized by knowledge-based companies by reverse engineering method, relying on local experts.
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185th OPEC Meeting Held Online
TEHRAN (Shana) -- The presidency of the Organization of the Petroleum Exporting Countries (OPEC) and its board of governors were entrusted to Equatorial Guinea and Kuwait, respectively.
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Iran, Iraq Form Joint Oil Working Group
TEHRAN (Shana) -- The oil ministries of the Islamic Republic of Iran and Iraq announced their agreement to establish a joint oil working group.
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Bou Ali Sina Petchem Plant Eyes 2mt/y Output
TEHRAN (Shana) -- The CEO of Bou Ali Sina Petrochemical Company said the company is planning to supply 2 million tons of products in the current year which began on March 21, 2022.
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$30b Petchem Investment Opportunity up for Grabs by KBCs
TEHRAN (Shana) -- The CEO of the Petrochemical Special Economic Zone Organization said: “We will create an innovation plant in the Petrochemical Special Economic Zone, which will provide a whopping $30 billion investment opportunity for knowledge-based companies.”
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Construction of $3b Petchem Projects in Ilam
TEHRAN (Shana) -- The CEO of the National Petrochemical Company (NPC) said Iran's petrochemical industry has $3 billion worth of petrochemical projects under construction in Ilam province, western Iran.
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Iran, Venezuela Discuss Deeper Energy Ties
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji had a telephone conversation with Tareck El Aissami, Vice President and Minister of Oil of Venezuela, regarding the development of cooperation between the two countries in the field of energy and the latest developments in the global oil market.
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Owji: Iraq has Paid off All Gas Arrears
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said last year and this year, “we received all the arrears regarding the collection of demands, especially the demands for gas export to Iraq, and almost all the demands are settled so far.”
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Power Plant Gas Delivery up 26% in Gilan
TEHRAN (Shana) -- The CEO of Gilan Province Gas Company announced a 26% increase in gas delivered to the power plants of the northern province in Aban (October-November) this year compared to the same period last calendar year.
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MOP Lists Iranian E&P Firms
TEHRAN (Shana) -- The Iranian Ministry of Petroleum has released a list of the companies applying for activities in the field of exploration and production (E&P).
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MOP Launches Office in Iraq
TEHRAN (Shana) -- The Iranian Ministry of Petroleum (MOP) has launched its office in Baghdad, Iraq.
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Tondgouyan Petchem Plant to Celebrate Catalyst Self-sufficiency
TEHRAN (Shana) -- Head of Research and Technology of Shahid Tondgouyan Petrochemical Plant said the company is to be the first Iranian petrochemical firm to celebrate localization of all the catalysts, chemicals and heat transfer intermediate oils with the cooperation of Iranian knowledge-based companies.
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Iran Acquires Savvy to Lighten Heavy Oil Atomically
TEHRAN (Shana) -- The Deputy Director of the Atomic Energy Organization of Iran (AEOI) said: “This technical know-how of lightening heavy crude oil with atomic radiation will be unveiled at the first knowledge-based conference of the oil industry.”
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Russian Firm to Develop Shadegan Field
TEHRAN (Shana) -- The deputy CEO of Khatam Oil, Gas and Petrochemical Holding affiliated with Khatam al-Anbia Construction Headquarters has announced that a Russian company has agreed to develop the Shadegan oil field based on a new model of oil contracts. In an interview with “Iran Petroleum”, Omid Asakereh also said that talks were under way with Russian companies for other oil projects in Iran, including talks with Gazprom to develop the Kish gas field.
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Multilateralism, Iran’s Winning Card
TEHRAN (Shana) -- Iran’s geopolitical position in the world and specifically its convenient geographical location in the Persian Gulf and the Caspian Sea on the one hand, and its long experience in the field of energy on the other, have made it one of the important and decisive countries in the field of energy supply in the world. The position of Iran in terms of energy transmission routes and the country's vital role in global energy security is very important because Iran, with its special geographical and geopolitical position for the landlocked region of Central Asia, is a desirable transit country and can bring the oil and gas of these countries to high seas in the best way and even to Europe through Turkey.