Refinement

  • Golden Days for Iran Refining

    Golden Days for Iran Refining

    TEHRAN (Shana) -- The coronavirus has given our planet a new chance to breathe. Travel rates have dropped sharply. Demand for oil and petroleum products has been falling since the outbreak of the pandemic. Oil wells and refineries across the globe are shutting down one after another. Despite the historic OPEC+ agreement for oil production cut, oil price slump has not stopped. However, there is no sign of increased demand for oil and petroleum products in the market.

  • The Impacts of Middle East Gas Condensate Splitters on the Condensate and Naphtha Market

    The Impacts of Middle East Gas Condensate Splitters on the Condensate and Naphtha Market

    TEHRAN (Shana) -- East and Southeast Asia is the major consumer of the Middle East gas condensate. Iran plans to reduce its gas condensate export to zero by increasing condensate processing capacity. Qatar also decreases its condensate exports by expanding condensate splitters within the country. What would happen for condensate splitters in the East and Southeast Asia?

  • Iran Launches Major Petrol Project

    Iran Launches Major Petrol Project

    TEHRAN (Shana) -- Iranian President Hassan Rouhani inaugurated Phase III of Bandar Abbas Gas Condensate Refinery (also called the Persian Gulf Star Refinery) in southern Iran.

  • NIORDC to Launch Integrated Distribution Management System for Oil Products

    NIORDC to Launch Integrated Distribution Management System for Oil Products

    TEHRAN (Shana) – The National Iranian Oil Products Refining and Distribution Company (NIORDC) is planning to launch an integrated system for distribution management of petroleum products.