تیتر سه تحلیل

  • Production Costs Trend as Oil Age Ends

    Production Costs Trend as Oil Age Ends

    TEHRAN (Shana) -- Crude oil extraction and production cost is an effective factor in oil pricing. Such costs vary from one spot to another, depending on the size and availability of oil reserves. Although most oil companies are unwilling to release precise data about oil production costs.However, estimates about costs of extracting oil from active fields in various countries are available. Comparing these costs would be key to analyzing the future of world oil markets. This data would show which countries can keep producing oil, even though in periods when prices keep falling. This issue takes up added significance in light of significant reduction in oil prices over recent years.

  • Drilling Industry Turns 41 in Iran

    Drilling Industry Turns 41 in Iran

    TEHRAN (Shana) -- December 21 marks National Drilling Day in Iran. National Iranian Drilling Company (NIDC) was established on December 21, 1979. The company started its work with 6 drilling rigs.

  • China Silent on Yadavaran Phase 2 Development

    China Silent on Yadavaran Phase 2 Development

    TEHRAN (Shana) -- The manager of Yadavaran oil field development has said that the Chinese have not presented any suggestions for the second phase development of the Yadavaran field. He said that the production capacity of this field had increased in the past one year, but the Chinese had not offered any plans for the project. He said Iran would not wait for the Chinese to develop the second phase of this field.

  • Biden and Future of Nord Stream 2

    Biden and Future of Nord Stream 2

    TEHRAN (Shana) -- The United States implemented its annual budget bill as the year 2021 started. It includes expansion of sanctions against the Nord Stream 2 gas pipeline.

  • Azar Field Output at 65,000 b/d

    Azar Field Output at 65,000 b/d

    TEHRAN (Shana) -- Iran invested over $1.4 billion in the jointly-owned Azar oil field despite US sanctions to lift oil output from this field to 71,500 b/d and that of gas to 78 mcf/d of Azar, containing both oil and gas, is one of the most challenging petroleum industry projects in Iran.

  • Zaki Yamani, Oil Market Legend: Expert

    Zaki Yamani, Oil Market Legend: Expert

    TEHRAN (Shana) – Dr. Mamdouh G. Salameh, Non-Resident Fellow, Expert, the Economics of Oil and Energy, who is an international oil economist and a prominent expert on energy, described late Zaki Yamani as a legend in the global oil market.

  • Research Role in Petchem Value Chain Development

    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.

  • Iran Raises Gas Exports Despite Covid-19, Sanctions

    Iran Raises Gas Exports Despite Covid-19, Sanctions

    Iran’s President Hassan Rouhani has said that the gas industry would be the legacy of his two-time administration for his successor who would be elected next year. Gas exports have doubled since 2013 when his first administration took office.

  • Ab Teimour Up for Investment

    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.

  • How South Pars Eased Iran Circumvention of Sanctions

    How South Pars Eased Iran Circumvention of Sanctions

    TEHRAN (Shana) -- Phase development of the giant offshore South Pars gas field defeated hypotheses of toughened US sanctions against Iran’s petroleum industry. Iran’s oil and gas has overcome many challenges in the way of energy exports and diversified refined petroleum products with a view to neutralizing the sanctions.

  • Iran Racing Ahead Even in Covid-Stricken Oil Market

    Iran Racing Ahead Even in Covid-Stricken Oil Market

    TEHRAN (Shana) -- It is not known yet when the US would end its maximum pressure campaign, the signature legacy of President Donald Trump, to bring Iran’s oil exports down to zero and drive Iran out of the oil trading market. Nonetheless, based on analysts’ views, US president-elect Joe Biden is not willing to continue his predecessor’s policy.

  • OPEC and Future of Oil

    OPEC and Future of Oil

    TEHRAN (Shana) -- There are doubts about short and long-term cooperation within the Organization of the Petroleum Exporting Countries (OPEC). Based on estimates, demand for crude oil would decline in the long term, i.e. over 30 years. On the other hand, it has to be taken into consideration that the priorities of top oil producers are always changing and the share of oil will decline in their future energy mix. The main question is to know until when OPEC can continue to work.

  • The Downfall

    Oil market in 2020

    The Downfall

    TEHRAN (Shana) -- The year 2020 is coming to an end; the year in which coronavirus overshadowed the oil market, the martyrdom of General Soleimani brought the oil price to the level of $72 per barrel, the Saudi-Russian price war led to the Black Monday for West Texas Intermediate with a price of minus $37/b, to name a few. The only proper measure taken by oil market players in the year was the historic coalition of oil producers in the Organization of the Petroleum Exporting Countries (OPEC) and their allies, a grouping called OPEC+, to slash output by 9.7 million barrels per day. 

  • Diplomacy of Silence

    Diplomacy of Silence

    TEHRAN (Shana) -- The silence diplomacy. That describes the policy Iran’s Minister of Petroleum Bijan Zangeneh adopted after US President Donald Trump quit the 2015 Iran nuclear deal in 2015 and re-imposed oil sanctions on Iran.

  • Fuel Demand Crisis

    Fuel Demand Crisis

    TEHRAN (Shana) -- Global oil demand has dropped about 10% due to the coronavirus pandemic and subsequent economic crises. Such fall in demand has been accompanied with other problems and challenges. For instance, companies have had to cut investment in production by 25-30%.

  • Troublesome Figures

    Will March 2020 be Repeated?

    Troublesome Figures

    TEHRAN (Shana) -- Calculation of the baseline and the production base of 11 million barrels for the crude oil output of Russia and Saudi Arabia in the April agreement and the determination of the production baseline in October 2018 for 18 other countries committed to adjusting their output has become troublesome. Some OPEC+ member countries, led by the UAE and Kazakhstan, who endorsed the agreement at the April 12 meeting are now protesting to it.

  • Iran, Oil and Post-Trump Era

    Iran, Oil and Post-Trump Era

    TEHRAN (Shana) -- The US election ended with the victory of the Democratic party, and if nothing unexpected happens, Joe Biden will begin his four-year presidency on January 20; Could this change lead to the easing of US sanctions on Iran, or can it not be practically different from Trump’s presidency?

  • Gas Transmission Capacity Hits 870mcm/d

    Gas Transmission Capacity Hits 870mcm/d

    TEHRAN (Shana) -- There is currently 37,400 kilometers of high-pressure gas transmission pipeline across Iran. National Iranian Gas Company (NIGC) officials say Iran stands the fourth in the global ranking in this sector. Apart from that, Iran enjoys a stable gas supply system.

  • Refinery Shares Disposal Strikes Shock on TSE

    Refinery Shares Disposal Strikes Shock on TSE

    TEHRAN (Shana) -- The Iranian government plans to list the shares of state-run and half state-run companies on the capital market within the framework of privatization. This plan is aimed at strengthening the foundations of social justice with a view to expanding ownership across the country. That would also streamline the government monopoly on the economic sector and therefore the government would be downsized, leading to lower costs and higher economic prosperity.

  • Iran Eyes Top Regional Petchem Ranking

    Iran Eyes Top Regional Petchem Ranking

    TEHRAN (Shana) -- Despite all hardships imposed on Iran’s petroleum industry through US sanctions and the coronavirus outbreak, the Petroleum Ministry has been doing its most to spare any stagnation in the activities of this key sector. Over this period, several oil agreements have been signed while a number of petrochemical projects have come online.

  • Adeli: OPEC Politicized by Some Member States

    Adeli: OPEC Politicized by Some Member States

    TEHRAN (Shana) -- Mohammad Hossein Adeli, former secretary general of the Gas Exporting Countries Forum (GECF), has said some member states of the Organization of the Petroleum Exporting Countries have politicized the Organization. In an interview, he cites the examples of countries that did not hesitate to compensate for Iranian and Venezuelan share following their US sanctions on the two member states.

  • OPEC Founders Achievements

    60th OPEC Annivesary

    OPEC Founders Achievements

    TEHRAN (Shana) -- OPEC has turned 60. So long a time. Why was OPEC established? What has it brought to the five founding members?

  • OPEC Turns 60; Achievements, Survival and Challenges

    60th OPEC Annivesary

    OPEC Turns 60; Achievements, Survival and Challenges

    TEHRAN (Shana) -- This year, the Organization of the Petroleum Exporting Countries (OPEC) is marking 60 years of its foundation. Every year an anniversary ceremony is held on September 14, i.e. the day of OPEC foundation, at the Secretariat of the Organization. In addition, this year a special ceremony was due to be held in Baghdad with OPEC Secretary General Mohammad Barkindo and heads of delegation of OPEC member countries in attendance to commemorate the 60th anniversary of OPEC establishment; however, despite all the required arrangements made by Iraq, due to global COVID-19 pandemic the ceremony was wisely agreed to be postponed to some other time.

  • OPEC Challenges in its 60s

    60th OPEC Annivesary

    OPEC Challenges in its 60s

    TEHRAN (Shana) -- The Organization of the Petroleum Exporting Countries (OPEC), established in 1960 at the initiative of Venezuela and in cooperation with Iran, Saudi Arabia, Iraq and Indonesia, has been faced with a flurry of challenges over the past six decades given the global economic and social developments and the growth of oil production from conventional sources from non-oil producers, such as the growth of North Sea output in the mid-1970s and the growth of oil production from unconventional sources (shale oil) in recent years.

  • If only OPEC united against Political Saber-Rattling…

    60th OPEC Annivesary

    If only OPEC united against Political Saber-Rattling…

    TEHRAN (Shana) -- The establishment of the Organization of the Petroleum Exporting Countries, or OPEC for short, 15 years after the end of World War II can be seen as a sign of the efforts of the founding countries to oppose and resist the extravagant behavior of major oil companies, or the famous seven sisters, at that time. In the years before foundation of OPEC, each of the founding countries, namely Iran, Venezuela, Iraq, Saudi Arabia and Kuwait, faced myriad political and social upheavals.

  • OPEC turns 60

    60th OPEC Annivesary

    OPEC turns 60

    TEHRAN (Shana) -- The Fourteenth of September 2020 is a very special day for OPEC.  This sees the Organization celebrate its 60th anniversary.  Few would have foreseen six decades ago that the Organization would have risen to the heights it has today in the global energy arena. Back then in Baghdad, the five Founding Fathers of OPEC, Juan Pablo Pérez Alfonzo of Venezuela; Abdullah al-Tariki of Saudi Arabia; Dr Tala’at al-Shaibani of Iraq; Dr Fuad Rouhani of Iran; and Ahmed Sayed Omar of Kuwait gathered together in the Al-Shaab Hall in Baghdad, to midwife OPEC into the world. 

  • Commitment & Cooperation

    60th OPEC Annivesary

    Commitment & Cooperation

    VIENNA (Shana) -- Back in March and April, the world faced its largest oil demand shock in living memory.  On days in April, demand was 23 million barrels a day (mb/d) below that of 2019, the WTI May futures price contract went negative on April 20 and the global economy seemed to be teetering on abyss.  Every producer was impacted, no one was immune.

  • History of Western Iran Oil Discovery

    History of Western Iran Oil Discovery

    TEHRAN (Shana) -- If we want to find the root of Iran’s petroleum industry, we need to go through a process whose ups and downs are interlinked with the history of Iran.

  • Iran Oil Exports No Longer Dependent on Hormuz Strait

    Iran Oil Exports No Longer Dependent on Hormuz Strait

    TEHRAN (Shana) -- President Hassan Rouhani and Minister of Petroleum Bijan Zangeneh officially inaugurated the construction of a 1,000-km pipeline extending from Goreh to Jask. The pipeline would enable to Iran to carry 1 mb/d of crude oil from Makran export terminal to target markets.

  • Gasoline Storage, Oil Sanctions Antidote