Shana

IIES Warns on Unconstrained Fuel Consumption of Cars in Iran

SHANA (Tehran) -- The head of the Institute of International Energy Studies (IIES), affiliated to the Ministry of Petroleum warned on unconstrained fuel consumption of cars in Iran, saying that Iran will lose its oil export capacity in the future with the current trend of fuel consumption.

Owji says in Abadan Refinery Phase 2 inauguration ceremony:

Iran self-sufficient in constructing oil, gas refineries

SHANA (Abadan) – Iran has become self-sufficient in constructing oil and gas refineries, said Oil Ministry Javad Owji here on Monday.

Concurrent with Iran oil industry nationalization anniversary

Raeisi inaugurates Abadan Refinery Phase 2

SHANA (Abadan) – President Ebrahim Raeisi on Monday inaugurated Phase 2 of Abadan Refinery in Khuzestan Province, southwestern Iran, concurrent with the anniversary of nationalization of oil industry.

Value chain development unit of Persian Gulf Bidboland Gas Refining Company put into operation

SHANA (Tehran) – The value chain development unit of Persian Gulf Bidboland Gas Refining Company became operational.

South Pars Output hits 2mt in 10 Months

TEHRAN (Shana) – The CEO of South Pars Gas Complex announced that since the beginning of the current Iranian calendar year which began on March 21, more than 165.32 billion cubic meters of gas has been produced in South Pars joint gas field.

Iran launched $3b Oil Projects in South

TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji announced the exploitation and the start of executive operations of nearly $3 billion of oil project in the southern province of Hormuzgan.

Ilam Gas Refinery Uses Domestic Molecular Sieve, Catalyst

TEHRAN (Shana) -- The CEO of Ilam Gas Refining Company said the plant uses domestically manufactured molecular sieves and catalysts, which European companies previously supplied, to support knowledge-based companies and facilitate the booming Iranian goods market.

Acid Gas Concentration Project of Hasheminejad Nominated for National Environment Award

TEHRAN (Shana) -- The performance and environmental measures of Shahid Hasheminejad Gas Refinery are evaluated as effective and positive based on the continuous monitoring of Khorasan Razavi General Environment Department in Sarakhs border city.

Tripartite Deal Signed for Supply of 500 Road Tankers

TEHRAN (Shana) -- A tripartite contract for the supply of 500 road tankers has been signed between the National Iranian Oil Products Refining and Distribution Company (NIORDC), Ariadiesel Khodro Company and Bank Mellat.

Good Things Happen in Iran Refineries: Min.

TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said the 13th administration has initiated sizable movements in the country's refining industry including quality improvement in Abadan Refinery and all the refineries across the country.

Pasargad Qeshm Refinery Supplies New Bitumen Grade

TEHRAN (Shana) -- Pars Behin Qeshm Oil Refinery has processed AH70 bitumen which is considered a new grade suitable for global markets for the first time in the country.

Abadan Refinery to Launch Largest Distillation Unit in ME

TEHRAN (Shana) -- The CEO of the National Iranian Oil Engineering and Construction Company announced the implementation of the largest distillation unit in the Middle East with a capacity of 210,000 barrels in Abadan Refinery.

Petrorefinery to Reap $6m in Daily Revenue once Fully Operational

ISFAHAN (Shana) -- Sohrevardi Safahan Petrorefining Company has started working in Isfahan with $6 million of anticipated daily income and the approach of advancing the goals of Isfahan Petrorefinery Holding.

Russia, Iran Firms to Build Joint Pipeline

TEHRAN (Shana) -- The CEO of Sina Energy Gostar Holding, affiliated to Mustazafan Foundation, said the holding was planning to build a pipeline for the transfer of petroleum products with support from Russian companies.

Overhaul of 3 Units underway in Isfahan Refinery

TEHRAN (Shana) -- The overhaul operations of three operating units of Isfahan Oil Refinery started simultaneously in order to make optimal use of time.

Petro-Refinery Building, Key in Preventing Crude Oil Sales

TEHRAN (Shana) -- Completing the value chain and preventing crude oil sales is among the major concerns of the National Iranian Oil Refining and Distribution Company (NIORDC) in reviewing and revitalizing old refining plants and developing new petro-refineries under the "Support for the Development of Downstream Oil and Gas Condensate Industries" Act. Accordingly, by reviewing the submitted proposals for construction of petro-refineries and petrochemical units, 8 petro-refinery projects, including 5 crude oil petro-refinery projects and 3 gas condensate petro-refinery projects have been approved by Petroleum Ministry. For construction of petro-refineries, measures have been taken in line with ensuring sustainability, improving and increasing the quality of refined products in Iran's refineries, which seem to be the beginning of a new era of refining activities to form petro-refineries and prevent crude sales in the industry.

MP Says Petro-refineries Could Safeguard Iran Against Sanctions

TEHRAN (Shana) -- A member of the Energy Committee of the Islamic Assembly considered the construction of petro-refineries as one of the defense tools to fight the sanctions, and said: “Directing liquidity towards production is achieved by investing in national economic projects.”

IRENEX, NIOC Cooperation could Boost Oil Exports: CEO

TEHRAN (Shana) – The CEO of Iran Energy Exchange (IRENEX) said with the development of cooperation between Iran Energy Exchange and the National Iranian Oil Company (NIOC), an increase in transparency in oil products transactions and an increase in the export of these products will be achieved.

Petrorefinery, Refinery Financing MoU Signed with Banks

TEHRAN (Shana) – A memorandum of understanding (MoU) has been signed for financing and participation in construction of the 300kb/d Shahid Qassem Soleimani Petrorefinery and 300kb/d Morvarid Makran Refinery with domestic banks and financing institutions.

Refinery Strikes $190 mn Transaction

TEHRAN (Shana) – Persian Gulf Star Oil Company has managed to trade 6 cargoes of light naphtha and 3 cargoes of naphtha with a total value of $190 million in the Iran Energy Exchange.

Kermanshah Refinery Boosting Production Capacity to 40,000 b/d

TEHRAN (Shana) -- The oil refining capacity of Kermanshah Refinery will increase to 40,000 barrels per day from 25,000 b/d following implementation of a project to enhance production capacity of the plant.

Bitumen Production fully Localized in Iran

TEHRAN (Shana) -- The CEO of the National Iranian Oil Refining and Distribution Company (NIORDC) said the knowledge of bitumen production in the country has been localized 100% and the status of this industry has been upgraded from the national level to the international level.