تیتر سه تحلیل

  • BRICS membership boosts Iran’s bargaining power 

    BRICS membership boosts Iran’s bargaining power 

    The BRICS group of nations recently decided to invite six countries – Argentina, Egypt, Iran, Ethiopia, Saudi Arabia, and the United Arab Emirates – to become new members of the bloc. The debate over expanding the BRICS bloc, comprising Brazil, Russia, India, China, and South Africa, topped the agenda at a three-day summit held recently in Johannesburg. One may wonder how China and Russia have been instrumental in this decision. Mohammad Sadeq Jokar, the head of the Institute for International Energy Studies (IIES), tells “Iran Petroleum” that Iran’s BRICS membership would chiefly bolster Iran’s international haggling power. The following is the full text of the interview:

  • Kuwait energy outlook; impossible ambitions

    Kuwait energy outlook; impossible ambitions

    Kuwait’s ambitious development plan “Vision 2035” is aimed at transforming the country into a globally important financial and trade center to attract domestic and foreign investment. At the frontline of Vision 2035, lies the Silk City project to which 250 square kilometers of land has been allotted in northeastern Kuwait with an estimated investment of $86 billion over a 25-year period.

  • Energy in Kenya; Iran opportunities

    Energy in Kenya; Iran opportunities

    Kenya is at the crossroads of East Africa, which has in recent years developed its economic service sector and made significant progress in the use of modern technologies. Although more than one-third of the country’s 46 million people still live below the poverty line, the middle class that has emerged in recent years accounts for three-fourths of GDP growth. The middle class also represents the country’s major energy consumer. The remarkable point about Kenya’s energy sector is its investment in renewables. Currently, more than 75% of the energy consumed in Kenya is supplied by renewables, which mainly include geothermal energy and hydroelectricity. The Kenyan government plans to switch to 100% clean energy by 2030. Kenya’s goal in its Vision 2030 plan for the energy sector is to increase investment in renewables.

  • Head of OPEC warns of a ‘dangerous’ lack of investment in oil

    Head of OPEC warns of a ‘dangerous’ lack of investment in oil

    The head of the Organization of the Petroleum Exporting Countries – a group of the world’s major oil producers – told CNN that a lack of investment in the oil industry posed a danger to global energy security and could send crude prices to $100 a barrel.

  • Iran-Saudi détente a positive step in increasing cooperation: Analyst

    Iran-Saudi détente a positive step in increasing cooperation: Analyst

    SHANA (Tehran) – An expert in international relations has described the rapprochement between Iran and Saudi Arabia as a positive step toward promoting cooperation.

  • US SPR release; opportunity or challenge?

    US SPR release; opportunity or challenge?

    Ever since the outbreak of the war in Ukraine, global markets have been largely affected in various economic sectors as Russia, a top producer of fossil energy in the world, was slapped with Western sanctions, forcing the Kremlin to reconsider its oil and gas sales to certain states. While many expected the continued war to drive global energy prices up, a variety of measures including tapping strategic reserves by some countries like the United States did avoid any sharp price hike. However, it seems that the long-term use of this policy would not affect global markets and would instead affect the US domestic atmosphere in the run-up to the next presidential election.

  • Arash gas field issue to be settled through political talks: Analyst

    Arash gas field issue to be settled through political talks: Analyst

    SHANA (Tehran) – A senior expert in West Asia affairs is convinced that the dispute over the Arash gas field, known as Al-Dorra in Kuwait and Saudi Arabia, will be resolved through holding political negotiations and reaching an agreement.

  • OPEC statement on peak fossil fuel demand

    OPEC statement on peak fossil fuel demand

    On the International Energy Agency’s recent Op-Ed published on 12 September 2023, asserting that fossil fuel demand would peak before 2030, OPEC notes that consistent and data-based forecasts do not support this assertion.

  • World at ‘beginning of end’ of fossil fuel era, IEA says

    World at ‘beginning of end’ of fossil fuel era, IEA says

    The world is at “the beginning of the end” of the fossil fuel era, according to the leading global energy watchdog, which for the first time has forecast that demand for oil, natural gas and coal will all peak before 2030.

  • Energy transitions guided by realism

    Energy transitions guided by realism

    Everyone has an opinion on oil. Some think it is the only thing to blame for climate change. Others say using oil can just be stopped, and we should not invest anymore in new oil projects and leave the resource in the ground. Oil conjures up images of geopolitics, consumerism, historical world events, modernity, the television show Dallas and the actor Daniel Day Lewis’s performance in There Will Be Blood. Oil has featured in countless books, movies and songs, in almost every language on Earth. It is discussed everywhere from the kitchen table to the highest offices in every country in every land.

  • Why the world needs more oil, not less

    Why the world needs more oil, not less

    What do toothpaste, deodorant, soap, cameras, computers, gasoline, heating oil, jet fuel, car tires, contact lenses and artificial limbs have in common?

  • Energy; chance for Iran-Cuba cooperation

    Energy; chance for Iran-Cuba cooperation

    Cuba is among countries principally dependent on overseas to supply its energy needs. However, this Latin American nation is endowed with potential offshore oil and gas reserves whose exploration and extraction may, to a large extent, help Cuba meet its energy demand and bring an end to its imports. That is why Cuba has over years embarked on extensive efforts for exploration and drilling, signing contracts with a variety of nations.

  • Hydrogen, green and clean energy

    Hydrogen, green and clean energy

    As the world gets closer to the 28th Conference of Parties (COP) to be held in the United Arab Emirates, competition amongst renewables in order to stay ahead of the curve intensifies. However, according to latest data and statistics released by International Energy Agency (IEA) on April 2023, energy from hydrogen is ahead compared to all other sources of energy in, as long as the rate of new investments is concerned. Though green hydrogen is still behind solar and wind in absolute term. According to the above-mentioned IEA report, total renewables accounted for 11 percent of total global energy consumption in 2022. Among these renewables: solar, wind, hydroelectric and geothermal energies, hydrogen stood last.

  • Gas, Iran Bargaining Chip

    Gas, Iran Bargaining Chip

    TEHRAN (Shana) -- Iran's gas export and equations for the transfer of theclean energy to its neighboring countries is a program that is being pursued more and more by the PetroleumMinistry. In the latest move, Iran's Minister of Petroleum Javad Owji has held intensive negotiations with senior Turkish officials to extend the gas and energy trade agreement, which seems to be a very important issue in the economic relations between the two countries.

  • Iran, China Forming Mutual Dependence: Expert

    Iran, China Forming Mutual Dependence: Expert

    TEHRAN (Shana) -- The head of the Institute of International Energy Studies (IIES) stated that the relations between Iran and China are getting stronger, and said: “The Chinese have always maintained their relationship with our country despite the imposition of sanctions against Iran.”

  • Iran Hydrocarbon Reserves Estimated at 16 BBL

    Iran Hydrocarbon Reserves Estimated at 16 BBL

    TEHRAN (Shana) -- The director of exploration at National Iranian Oil Company (NIOC), Mehdi Fakour, has said that Iran was estimated to sit atop 16 billion barrels of hydrocarbon reserves.

  • Will 2023 See Oil Market Prosper?

    Will 2023 See Oil Market Prosper?

    TEHRAN (Shana) -- With the beginning of 2023, the developments of the oil market in 2022 and the perspective of the New Year have been reviewed. The idea is to examine the factors affecting the market. It must be acknowledged that 2022 experienced ups and downs in the oil market and profound changes have taken place in this market. These developments have caused the 2023 Outlook to have many uncertainties, and as a result, many reputable institutions have doubts in their forecasts, and most institutions are waiting for market stability.

  • GECF to Supply 74% of Global Gas by 2050

    GECF to Supply 74% of Global Gas by 2050

    TEHRAN (Shana) -- The Gas Exporting Countries Forum (GECF) expects 74% of the world's natural gas production by 2050 to be provided by new projects that will start in the future.

  • Value-Creating Projects in Iran’s Oil Industry

    Value-Creating Projects in Iran’s Oil Industry

    TEHRAN (Shana) -- Over recent years, Iran's oil industry has enjoyed significant acceleration and progress in the exploitation of projects. By briefly reviewing the development process of the remaining phases of the massive South Pars gas field, other joint fields and implementation of various contracts in oil and gas fields, it could be construed that the development of Iran's oil industry has never stopped notwithstanding the sanctions, and has retained its role as the driver for growth, prosperity and wealth creation in the country’s economy. The present article aims at reviewing the development of some of the most important projects in Iran's oil industry since the 13th administration took office until the end of Iranian calendar year 1400 (March 20, 2022).

  • Iran Plans Lifting Offshore Oil Output

    Iran Plans Lifting Offshore Oil Output

    TEHRAN (Shana) -- Iran’s comprehensive plan to increase oil output is followed up on in line with the objectives already envisaged for economic prosperity. Therefore, Petroleum Ministry has instructed National Iranian Oil Company (NIOC) with a plan to use its oil fields to increase oil output. Using offshore and onshore oil fields is among plans to that end with joint fields being prioritized. Here we review the Iranian Offshore Oil Company (IOOC)’s oil output hike. IOOC is tasked with operating oil and gas fields off the Persian Gulf.

  • COP27; Climate and Energy

    COP27; Climate and Energy

    TEHRAN (Shana) -- Once in a year, delegates from almost 200 countries gather togetherseeking ways and means to keep climate change from spiraling out of control. This time, they met in Sharm El-Sheikh, Egypt, for the 27th Conference of the Parties (COP) that was originally shaped up back in 1994 when members of the United Nations agreed to convene and officially address climate change with an unprecedented determination. COP gained momentum and moved into center stage during Paris Conference of the Parties when decision was made to move from words and declarations to accountability, costs and damages. This institutionalized COP and countries began to address the topic at national, regional and international levels.

  • Golden Age in Iran-Russia Ties

    Golden Age in Iran-Russia Ties

    TEHRAN (Shana) -- During the 16th Iranian-Russian Business Council, hosted by Moscow, four documents were signed for cooperation between the two nations by Iranian Minister of Petroleum Javad Owji and Russia’s Deputy Prime Minister Alexander Novak. Owji has said that Iran-Russia ties had entered a “golden age”. Novak also said that Iran-Russia trade grew 45% in 2022 year-on-year.

  • Petchem Industry: Savior of Iran Economy under Sanctions

    Petchem Industry: Savior of Iran Economy under Sanctions

    TEHRAN (Shana) -- At the peak of the sanctions, Iran's petrochemical industry earned more than $54 billion for the country, and on average, 80% of the export income of this industry has returned to the country's economic cycle through the NIMA FOREX system.

  • Reviving Low-Yield Oil Wells, NIOC’s Severe Concern

    Reviving Low-Yield Oil Wells, NIOC’s Severe Concern

    TEHRAN (Shana) -- Figures do indicate that Iran ranks first in the world in terms of the aggregate oil and gas reserves. Taking advantage of this huge wealth or preserving it for future generations has always been a challenge for policy makers. The arrival of renewable energies and the efforts of countries to ramp up energy security and non-dependence have caused oil-rich countries to seek to optimize production from hydrocarbon reservoirs in order to turn it into a capital for future generations. In the meantime, some countries, including Iran, have put on their agenda a written program to revive inactive wells as a short-term solution to improve their oil output. The following is an overview of Iran's plan to revive low-yield oil wells.

  • IR Iran Becomes a Member of the Shanghai Cooperation Organization (SCO)

    IR Iran Becomes a Member of the Shanghai Cooperation Organization (SCO)

    TEHRAN (Shana) -- The President of Uzbekistan Shavkat Mirziyoyev, as the host of the 22nd SCO Summit, announced Iran's permanent membership in this organization in his speech on Friday 16 September 2022. The Islamic Republic of Iran became a permanent member of the SCO at its 21st Summit in the presence of 12 permanent and observer members.

  • Defining Moments for Oil and Gas

    Defining Moments for Oil and Gas

    TEHRAN (Shana) -- Energy prices went up sharply after February 24 when first Russian troops entered Ukraine. By late March 2022, it hit above $ 120.40 per barrel for Brent briefly but retreated to around $110 per barrel, though, the average price of crude oil was $105 per barrel for the first half of 2022. The slow and cautious reaction of oil market towards such major geographical escalation that would potentially cut over 6.7 mb/d of crude and products from Russia is an interesting phenomenon worth analyzing. Let’s be reminded that the international crude oil prices touched $147 per barrel back in 2008 after the United States descended into recession.

  • Iran and Pakistan Energy Supply

    Iran and Pakistan Energy Supply

    TEHRAN (Shana) -- Energy security has always been an especially sensitive issue in the economic policies of various governments of Pakistan. Although Pakistan’s economy mainly depends on agriculture which makes up about 33% of the country’s gross national product (GNP), over recent years, the growth of energy consumption in the domestic, industrial and transportation sectors has made Islamabad more dependent on gas imports to the extent that gas has become a key element of Pakistan’s energy mix. However, despite the advantages that gas has over other fossil fuels, it also has problems, one of which is the high cost and security sensitivities of its transmission. This problem is especially noticeable in a country like Pakistan because due to insecurity mainly in Pakistan's Baluchistan, the central government does not have much control over its security.

  • ACECR Supplying Technical Equipment

    ACECR Supplying Technical Equipment

    TEHRAN (Shana) -- Iran’s Academic Center for Education, Culture and Research (ACECR) has been serving the petroleum industry for more than 3 decades now. Thanks to the technical knowhow of university professors and students, ACECR has largely managed to meet oil, gas and petrochemical needs. Last March, Iran’sPetroleum Ministry and ACECR signed four memoranda of understanding and agreements for further engagement of ACECR in the petroleum industry.

  • What Iran Has in Common with Uruguay and Nicaragua

    What Iran Has in Common with Uruguay and Nicaragua

    TEHRAN (Shana) -- Latin America comprises 20 developing countries with a population of about 650 million people, maintaining good relations with Iran and seeking better ties. The region's economic size is significant, with Latin America's gross domestic product (GDP) estimated at $5 trillion by 2020. In terms of energy, about 20% of the world's oil reserves are located in this region which is considered a large market for international energy transactions. Some Latin American countries, including Venezuela, have significant oil reserves and are important oil producers. They also have large international oil companies such as PDVSA and Pemex, which operate in the global oil market and facilitate exchanges and joint ventures in the oil and gas industry. In general, the economic and energy indicators of this region indicate that there is great potential for development and the desire of the countries in this region to expand relations with non-US and European countries has provided good opportunities for development of ties with Iran.

  • Energy Security Redefined

    Energy Security Redefined

    TEHRAN (Shana) -- European Union unanimously decided to impose sanctions on seaborne crude oil deliveries from Russia. Europe’s energy future is now woven by hasty opportunistic policies using Russian- Ukraine conflict as a new crowbar to open the door to dismantled US Northern Atlantic alignment and flawed energy transition policies.