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Petropars to Develop Farzad Gas Field
TEHRAN (Shana) – The National Iranian Oil Company (NIOC) has planned to award Petropars company a $1.87 billion contract to develop Farzad B Gas Field.
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IOTC Receives Management Standard Certificates
TEHRAN (Shana) – The Iranian Oil Terminals Company (IOTC) has succeeded in obtaining standard management certifications from SGS IRAN.
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Iran to Launch 1st Phase of Ibn Sina Petchem Plant
TEHRAN (Shana) -- The first phase of Ibn Sina Petrochemical Company's maleic anhydride project will be put into operation in Mahshahr in the near future.
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Strategies for implementing Islamabad-West Petchem Project Outlined
TEHRAN (Shana) -- The strategies of the National Petrochemical Company (NPC) for implementation of Islamabad-West Petrochemical Project were outlined at the opening meeting of the EPCC contract in the presence of the NPC CEO and senior executives of the company.
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Ex-NIOC CEO Relates Experience of Iran Returning to Oil Market
TEHRAN (Shana) -- The former CEO of the National Iranian Oil Company spoke about the experience of returning Iranian oil to the market after the Joint Comprehensive Plan of Action (JCPOA).
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IIPG mulls New Development Projects
TEHRAN (Shana) -- The CEO of Iranian Investment Petrochemical Group (IIPG) said the company is planning to start manufacturing two new ethylene oxide and ethylene propylene diene monomer projects with the aim of completing the value chain.
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Tehran to host 10th Int'l Exhibition of Innovation, Technology
TEHRAN (Shana) -- The 10th International Exhibition of Innovation and Technology (INOTEX 2021) with various events and side events will be held from 18 to 21 May, in the open air of Pardis Technology Park and in compliance with health protocols.
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Petropars Makes Orders worth €165m to Domestic Contractors, Manufacturers
TEHRAN (Shana) -- The CEO of Petropars Group announced that the company has made orders with a total worth of over 165 million Euros of goods and equipment for the Central Treatment Export Plant (CTEP) of South Azadegan Field to Iranian contractors, manufacturers and suppliers.
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Iran Developing Sohrab Oil Field
TEHRAN (Shana) -- Iran shares Sohrab oil field with Iraq. It is limited by the Mehr block to north, to the Azadegan field to south, to Band Karkheh, Susangerd, Jofair and Sepehr fields to southeast. Sohrab accommodates Ilam, Sarvak, Gadvan and Fahlyan reservoirs whose rock is mainly carbonated. Sohrab is one of prioritized fields for foreign investment in Iran’s petroleum industry.
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Changouleh, Kish Up for Development
TEHRAN (Shana) -- Changouleh is one of the important oil fields in West Karoun region in southwestern Iran. Foreign companies have, time and again, shown interest in getting involved in development of this untapped field which Iran shares with neighboring Iraq.
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5 Petro Museums across Iran
TEHRAN (Shana) -- Recreation and display of the historical identity of oil in a land, where the first Middle East oil wells were drilled and whose petroleum industry is more than a century old now pushed the Petroleum Ministry to put on exhibit this historical identity.
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Seamless Pipes Manufactured in Iran
TEHRAN (Shana) -- More than six years have passed since the project started for the domestic manufacturing of 10 groups of widely-used petroleum industry commodities. This initiative was adopted upon Minister of Petroleum Bijan Zangeneh’s call for maximum support for Iranian manufacturers.
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Fire Contained at Phase 11 Drilling Rig
TEHRAN (Shana) – A small fire in the drilling rig of phase 11 of South Pars was quickly contained without any casualties.
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ICOFC Receives Energy Management System Certification
TEHRAN (Shana) – The Iranian Central Oil Fields Company (ICOFC), as the largest producer of gas in the country's land fields, has received the standard certification of energy management system (ISO50001: 2018) for observing international standards while boosting its productivity.
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Amirkabir Petchem Plant Breaks 10-Year Production Record in Farvardin
TEHRAN (Shana) -- Amirkabir Petrochemical Plant broke its 10-year production record in the month of Farvardin (the first month in the Iranian calendar year which began on March 21).
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1st Gas Sweetening Train of South Pars Phase 14 Refinery Online by July
TEHRAN (Shana) -- The CEO of Pars Oil and Gas Company said the first gas sweeteners of phase 14 of South Pars gas field will be handed over to the start-up group in July.
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Tehran, Ashgabat Discuss Enhanced Oil Ties
TEHRAN (Shana) -- Strategies for expanding oil cooperation between Iran and Turkmenistan were discussed at a meeting between the CEO of the Caspian Oil Company and the Ambassador of Turkmenistan to Iran.
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Iran, Iraq Discuss Gas Debt Arrears in Tehran Meeting
TEHRAN (Shana) -- Senior government ministers from Iran and Iraq held a meeting in Tehran to discuss arrears on a multi-billion dollar debt Iraq owes to Iran for imports of natural gas in recent years.
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Iran says more in Control of Oil Sales
TEHRAN (Shana) – First Vice President Eshaq Jahanigiri said Iran has tried to neutralize the impact of the sanctions and has gained a lot of control over its oil sales.
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Gas Transmission Record Smashed
TEHRAN (Shana) -- Being in charge of running more than 37,000 kilometers of pipeline and 86 gas compressor stations, Iran’s gas transmission industry ranks the first in Asia and the Middle East, and the fourth globally behind the US, Russia and Canada. The most important task assigned to the Iranian Gas Transmission Company (IGTC) is to purchase natural gas, ethane, liquefied petroleum gas (LPG) and gas liquids from domestic and foreign suppliers and sell them to domestic customers and export terminals and conduct swap process.
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Research Role in Petchem Value Chain Development
TEHRAN (Shana) -- Iran’s petrochemical industry has conducted vast planning alongside building plants in order to bring the country’s output to 100 million tonnes a year. That would push the country to the top technological position in the region.
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Iran Terephthalate Portfolio to become more Diversified
TEHRAN (Shana) -- Head of the Research and Development Unit of Shahid Tondgouyan Petrochemical Company announced production of several new grades of polyethylene terephthalate chain products in the plant.
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OPEC and non-OPEC Ministerial Meeting highlights importance of ongoing rebalancing efforts
VIENNA (Shana) -- The 16th OPEC and non-OPEC Ministerial Meeting of the Declaration of Cooperation (DoC) took place via teleconference on Tuesday, 27 April 2021, under the Chairmanship of HRH Prince Abdul Aziz bin Salman, Saudi Arabia’s Minister of Energy, and Co-Chair HE Alexander Novak, Deputy Prime Minister of the Russian Federation.
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NISOC Prepared to Enhance Iran Oil Output: CEO
TEHRAN (Shana) -- The CEO of the National Iranian South Oil Company (NISOC) announced the company's readiness to increase its oil output to a figure beyond the pre-sanctions levels in 2018.
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7% Rise in Iran Petchem Output in Farvardin
TEHRAN (Shana) -- The director of production control at the National Petrochemical Company announced a 7-percent increase in the production of various petrochemical products in the first month of the current Iranian calendar year which began on March 21.
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Iran Self-Sufficient in Benzene Production
TEHRAN (Shana) -- Iran became self-sufficient in the supply of benzene as Bu Ali Sina Petrochemical Plant fully realized the item’s production plan in the previous calendar year which ended on March 20.
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Euro-5 Petrol Output of Persian Gulf Star Refinery Hits 47ml/d
TEHRAN (Shana) -- The CEO of the Persian Gulf Star Oil Company announced the daily production of roughly 47 million liters of petrol whose quality exceeds the Euro-5 standard.
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Isfahan Refinery to turn into Petro-Refinery
TEHRAN (Shana) – The Deputy Minister of Economy and Commerce and member of the board of directors of Isfahan Oil Refining Company and Isfahan Petrochemical Company said the company has taken a fundamental step to become a petro-refinery by having acquired about 42% of Isfahan Petrochemical Company’s shares.
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APG Collection Project Starts in Cheshmeh Khosh
TEHRAN (Shana) -- The director of production at the Iranian Central Oil Fields Company announced the start of executive operation of the project to collect associated petroleum gases (APG) at the Cheshmeh Khosh oil field in the Ilam province, western Iran.
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E1P6 Well of Esfand Fields Productive
TEHRAN (Shana) -- The SIE-E1P6 well of Esfand offshore oilfield was put into operation with an approximate 2,000 b/d of crude oil production capacity.